Market revenue in 2021 | USD 20,535.4 million |
Market revenue in 2030 | USD 31,875.7 million |
Growth rate | 5% (CAGR from 2021 to 2030) |
Largest segment | Container glass |
Fastest growing segment | Fiber Glass |
Historical data | 2018 - 2020 |
Base year | 2021 |
Forecast period | 2022 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Container Glass, Flat Glass, Fiber Glass |
Key market players worldwide | AGC Inc, Fuyao Glass Industry Group Co Ltd ADR, Compagnie de Saint-Gobain SA, O-I Glass Inc, Vitro SAB de CV Class A, Luck Oka film Pharmaceutical, Nihon Yamamura Glass, Guardian Glass Services, AGI glaspac, 3B Fiberglass |
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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 glass manufacturing market will help companies and investors design strategic landscapes.
Container glass was the largest segment with a revenue share of 47.78% in 2021. Horizon Databook has segmented the U.S. glass manufacturing market based on container glass, flat glass, fiber glass covering the revenue growth of each sub-segment from 2018 to 2030.
The U.S. glass manufacturing market is projected to bolster over the forecast period owing to the rising construction activities and growing investments in automobile and food & beverage production facilities.
In May 2022, Hyundai Motor Company announced to build an EV production facility in Georgia, U.S. The company is planning to construct the plant near its existing facilities dedicated to Kia and Hyundai brands.
Furthermore, companies involved in the food & beverage business are expanding their production with the rise in demand for packaged foods. This is likely to augment the glass manufacturing business in the U.S. over the forecast period.
Horizon Databook provides a detailed overview of country-level data and insights on the U.S. glass manufacturing market , including forecasts for subscribers. This country databook contains high-level insights into U.S. glass manufacturing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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