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NORTH AMERICA CELLULAR GLASS MARKET FORECAST 2021-2028

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NORTH AMERICA CELLULAR GLASS MARKET FORECAST 2021-2028

The North America cellular glass market is estimated to progress with a CAGR of 4.63% during the forecasting period of 2021 to 2028. The market growth of the region is primarily fueled by the use of cellular glass in various industrial applications owing to the material’s strength and stability, and the increased demand from the construction sector to insulate mission-critical buildings and commercial roofing.

NORTH AMERICA CELLULAR GLASS MARKET FORECAST 2021-2028

North America Cellular Glass Market by Product Type (Blocks & Shells, Foam Glass Gravel) Market by Type (Open Glass, Closed Glass) Market by Application (Construction, Industrial, Others) by Geography.

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The North America cellular glass market is estimated to progress with a CAGR of 4.63% during the forecasting period of 2021 to 2028. The market growth of the region is primarily fueled by the use of cellular glass in various industrial applications owing to the material’s strength and stability, and the increased demand from the construction sector to insulate mission-critical buildings and commercial roofing.north-america-cellular-glass-market

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The North America cellular glass market growth assessment includes the evaluation of the United States and Canada. With expenditures accounting for more than $1,293 billion, the United States is among the most extensive construction markets globally. Positive trends in the country’s residential sector play a crucial role in accelerating the construction industry’s growth. Moreover, in 2019, the United States’ building and construction sector witnessed overall growth, despite expense pressures, inclinations towards fixed-bid projects, and labor shortages.

On the other hand, the United States recycled glass market continues to observe emerging growth on account of the increasing awareness associated with recycled glass. A surge in consumer expenditure is further accredited to driving the demand for recycling endeavors in the country. Although the United States consumes a significant amount of glass, the nation’s recycling rate is lower compared to the European region, due to the availability of cullet as well as quality concerns. Therefore, the above-mentioned factors are expected to influence the market growth in North America over the forecasting years.

Owen Corning, headquartered in the United States, is a global leader engaged in the production of industrial and building products, including roofing, insulation, and fiberglass composite products. The company operates through three segments, namely, roofing, insulation, and composite. It also provides cellular glass sold under the trade names foamglas S3, foamglas T3+, foamglas F, and foamglas T4+ within the company’s business segment.

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    1. RESEARCH SCOPE & METHODOLOGY
      • STUDY OBJECTIVES
      • SCOPE OF STUDY
      • METHODOLOGY
      • ASSUMPTIONS & LIMITATIONS
    2. EXECUTIVE SUMMARY
      • MARKET SIZE & ESTIMATES
      • MARKET OVERVIEW
    3. MARKET DYNAMICS
      • KEY DRIVERS
        • HIGH PREFERENCE FOR CELLULAR GLASS IN CONSTRUCTION AND BUILDING
        • GROWING DEMAND FOR CELLULAR GLASS FOR LOAD-BEARING APPLICATIONS
      • KEY RESTRAINTS
        • HIGH COST OF CELLULAR GLASS AND INDUCED DAMAGE SUSCEPTIBILITY DUE TO VIBRATIONS
    1. KEY ANALYTICS
      • IMPACT OF COVID-19 ON CELLULAR GLASS MARKET
      • KEY MARKET TRENDS
      • PORTER’S FIVE FORCES ANALYSIS
        • BUYERS POWER
        • SUPPLIERS POWER
        • SUBSTITUTION
        • NEW ENTRANTS
        • INDUSTRY RIVALRY
      • OPPORTUNITY MATRIX
      • VENDOR LANDSCAPE
      • REGULATORY FRAMEWORK
    2. MARKET BY PRODUCT TYPE
      • BLOCKS & SHELLS
      • FOAM GLASS GRAVEL
    3. MARKET BY TYPE
      • OPEN GLASS
      • CLOSED GLASS
    4. MARKET BY APPLICATION
      • CONSTRUCTION
      • INDUSTRIAL
      • OTHERS
    5. GEOGRAPHICAL ANALYSIS
      • NORTH AMERICA
        • KEY GROWTH ENABLERS
        • KEY CHALLENGES
        • KEY PLAYERS
        • COUNTRY ANALYSIS
          • UNITED STATES
          • CANADA
    1. COMPETITIVE LANDSCAPE
      • KEY STRATEGIC DEVELOPMENTS
        • MERGERS & ACQUISITIONS
        • PRODUCT LAUNCHES & DEVELOPMENTS
        • BUSINESS EXPANSIONS & DIVESTITURES
      • COMPANY PROFILES
        • AEROAGGREGATES OF NORTH AMERICA LLC
        • AMITY INSULATION GROUP INC
        • BENARX
        • GERMAN GEO CONSTRUCTION GMBH
        • GLAPOR WERK MITTERTEICH GMBH
        • JAHAN AYEGH PARS CO
        • LANGFANG CHAOCHEN THERMAL INSULATION MATERIALS CO LTD
        • OWENS CORNING
        • PINOSKLO
        • POLYDROS SOCIEDAD ANONIMA (SA)
        • SZECO INSULATION TECHNOLOGY CO LTD
        • ZHEJIANG DEHE INSULATION TECHNOLOGY CO LTD
        • ZHEJIANG ZHENSHEN INSULATION TECHNOLOGY CORP LTD

    LIST OF TABLES

    TABLE 1: MARKET SNAPSHOT – CELLULAR GLASS

    TABLE 2: NORTH AMERICA CELLULAR GLASS MARKET, BY PRODUCT TYPE, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 3: NORTH AMERICA CELLULAR GLASS MARKET, BY PRODUCT TYPE, FORECAST YEARS, 2021-2028 (IN $ MILLION)

    TABLE 4: NORTH AMERICA CELLULAR GLASS MARKET, BY TYPE, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 5: NORTH AMERICA CELLULAR GLASS MARKET, BY TYPE, FORECAST YEARS, 2021-2028 (IN $ MILLION)

    TABLE 6: NORTH AMERICA CELLULAR GLASS MARKET, BY APPLICATION, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 7: NORTH AMERICA CELLULAR GLASS MARKET, BY APPLICATION, FORECAST YEARS, 2021-2028 (IN $ MILLION)

    TABLE 8: NORTH AMERICA CELLULAR GLASS MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 9: NORTH AMERICA CELLULAR GLASS MARKET, BY COUNTRY, FORECAST YEARS, 2021-2028 (IN $ MILLION)

    TABLE 10: LIST OF MERGERS & ACQUISITIONS

    TABLE 11: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS

    TABLE 12: LIST OF BUSINESS EXPANSIONS & DIVESTITURES

    LIST OF FIGURES

    FIGURE 1: KEY MARKET TRENDS

    FIGURE 2: PORTER’S FIVE FORCES ANALYSIS

    FIGURE 3: OPPORTUNITY MATRIX

    FIGURE 4: VENDOR LANDSCAPE

    FIGURE 5: NORTH AMERICA CELLULAR GLASS MARKET, GROWTH POTENTIAL, BY PRODUCT TYPE, IN 2020

    FIGURE 6: NORTH AMERICA CELLULAR GLASS MARKET, BY BLOCKS & SHELLS, 2021-2028 (IN $ MILLION)

    FIGURE 7: NORTH AMERICA CELLULAR GLASS MARKET, BY FOAM GLASS GRAVEL, 2021-2028 (IN $ MILLION)

    FIGURE 8: NORTH AMERICA CELLULAR GLASS MARKET, GROWTH POTENTIAL, BY TYPE, IN 2020

    FIGURE 9: NORTH AMERICA CELLULAR GLASS MARKET, BY OPEN GLASS, 2021-2028 (IN $ MILLION)

    FIGURE 10: NORTH AMERICA CELLULAR GLASS MARKET, BY CLOSED GLASS, 2021-2028 (IN $ MILLION)

    FIGURE 11: NORTH AMERICA CELLULAR GLASS MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2020

    FIGURE 12: NORTH AMERICA CELLULAR GLASS MARKET, BY CONSTRUCTION, 2021-2028 (IN $ MILLION)

    FIGURE 13: NORTH AMERICA CELLULAR GLASS MARKET, BY INDUSTRIAL, 2021-2028 (IN $ MILLION)

    FIGURE 14: NORTH AMERICA CELLULAR GLASS MARKET, BY OTHERS, 2021-2028 (IN $ MILLION)

    FIGURE 15: NORTH AMERICA CELLULAR GLASS MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)

    FIGURE 16: UNITED STATES CELLULAR GLASS MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 17: CANADA CELLULAR GLASS MARKET, 2021-2028 (IN $ MILLION)

    1. GEOGRAPHICAL ANALYSIS
      • NORTH AMERICA
        • KEY GROWTH ENABLERS
        • KEY CHALLENGES
        • KEY PLAYERS
        • COUNTRY ANALYSIS
          • UNITED STATES
          • CANADA
    1. MARKET BY PRODUCT TYPE
      • BLOCKS & SHELLS
      • FOAM GLASS GRAVEL
    2. MARKET BY TYPE
      • OPEN GLASS
      • CLOSED GLASS
    3. MARKET BY APPLICATION
      • CONSTRUCTION
      • INDUSTRIAL
      • OTHERS

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