Canada Float Glass Market Size & Outlook, 2022-2031
Canada float glass market, 2018-2031 (US$M)
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Canada float glass market highlights
- The Canada float glass market generated a revenue of USD 768.9 million in 2022 and is expected to reach USD 1,077.9 million by 2031.
- The Canada market is expected to grow at a CAGR of 3.8% from 2023 to 2031.
- In terms of segment, clear was the largest revenue generating product in 2022.
- Clear is the most lucrative product segment registering the fastest growth during the forecast period.
Float glass market data book summary
| Market revenue in 2022 | USD 768.9 million |
| Market revenue in 2031 | USD 1,077.9 million |
| Growth rate | 3.8% (CAGR from 2022 to 2031) |
| Largest segment | Clear |
| Fastest growing segment | Clear |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2031 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Clear, Tinted, Reflective, Mirror, Other |
| Key market players worldwide | AGC Inc, Asahi Group Holdings Ltd, As One Corp, Central Glass Co Ltd, Koch Industries, Fuyao Glass Industry Group Co Ltd ADR, Nippon Steel Corp, Compagnie de Saint-Gobain SA, Schott Pharma AG & CO KGaA, Turkiye Sise ve Cam Fabrikalari AS ADR, Virco Manufacturing Corp, Xinyi Glass Holdings Ltd |
Other key industry trends
- In terms of revenue, Canada accounted for 1.7% of the global float glass market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2031.
- In North America, U.S. float glass market is projected to lead the regional market in terms of revenue in 2031.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 6,863.1 million by 2031.
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Float Glass Market Scope
Float Glass Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada float glass market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to float glass market will help companies and investors design strategic landscapes.
Clear was the largest segment with a revenue share of 58.02% in 2022. Horizon Databook has segmented the Canada float glass market based on clear, tinted, reflective, mirror, other covering the revenue growth of each sub-segment from 2018 to 2031.
An increasing service sector in the country is expected to propel the demand for office spaces, fueling commercial construction growth. The rise in commercial construction activities in key provinces of the country is expected to boost the demand for float glass.
In addition, the country is witnessing a rise in investment in the construction of skyscrapers. The table below depicts the top upcoming or under-construction tall building projects. Increasing investments in the production of EVs and favorable government policies related to these vehicles are expected to propel the consumption of float glass in Canada.
The Government of Canada is focusing on ensuring that new light-duty vehicles sold in the country are 100% electric by 2035. As such, it has introduced various incentives and initiatives to increase the penetration of electric vehicles (EVs). For instance, the Zero-emission Vehicles (ZEVs) program provides incentives to consumers and encourages them to purchase EVs.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada float glass market , including forecasts for subscribers. This country databook contains high-level insights into Canada float glass market from 2018 to 2031, including revenue numbers, major trends, and company profiles.
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Canada float glass market size, by product, 2018-2031 (US$M)
Canada Float Glass Market Outlook Share, 2022 & 2031 (US$M)
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