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The Procurement Resource Mexico Flat Glass industry report provides an in-depth insight into the current market developments, industry trends and a complete Mexico Flat Glass Market Analysis.
The total Mexico Flat Glass market size in 2021 was about USD 1045.00 million. Furthermore, the market is projected to expand at a CAGR percent of 4.20% in 2022-2027. USD 1340.00 million is the expected value to be attained by 2027.
The material is being extensively used in architectural and construction activities, propelling the Mexico flat glass market growth.
The main region propelling the flat glass market in Mexico is Central Mexico.
The process of spreading molten glass in sheets on a metal plane is used to create flat glass. The most common applications that employ the float glass are to make doors, mirrors to prepare windows, and automotive glass.
The Flat Glass Market report is categorised into segments by Product Type (Basic Float, Insulated, Coated, Laminated, Toughened, Mirrored/Patterned/Extra Clear), Raw Material (Sand, Alumina, Limestone, Dolomite, Soda Ash, Others), Category (Fabricated, Non-Fabricated), by Application (Safety and Security, Solar Control,), Technology (Float, Sheet, Rolled), End-Use (Automotive, Construction, Soler energy, Others), and Regions ( Mexico (Central, Northern), Pacific Coast, Yucatan Peninsula, The Bajío, Baja California).
Pacific Coast, Central, Northern Mexico, The Bajío, Baja California and Yucatan Peninsula are crucial Regions for Market growth.
The increasing demand for flat glass for various end-uses, including construction sector, is driving the Mexico Flat Glass market development. As the product has properties like being easy to cut, non-breakable, clear, simpler to fabricate, and transparent while containing fewer bubbles, it is witnessing demand from numerous end-use industries. This includes construction, food, and beverages, automotive, and electronics.
The flat glass market in Central Mexico is flourishing because of the presence of several essential manufacturers. The market growth is in turn impacting the Mexico flat glass market price.
In addition, as float glass can be processed to produce other types of specialised glass such as toughened glass, soundproof glass, and laminated safety glass. The product is gaining traction increase the demand for float glass which is furthering the industry's expansion.
The Mexico flat glass market will probably continue to increase due to the industry's evolving technical developments and improvements. Leading flat glass producers are also expanding their capacity for manufacturing in Mexico, thus promoting the sector's development.
In manufacturing flat glasses, sodium silicate and calcium silicate are employed in the 2mm to 20mm thickness ranges. They are crafted in furnaces using sand and organic material to achieve the desired result. It is also manageable to treat, temper, coat, or infuse with texture or colour. It is effortlessly polished and cut in its simplest form, and its weight ranges from 6kg/m2-36 kg/m2.
According to the Mexico flat glass market trends, the constantly rising demand for flat glass in the automotive sector is aiding the industry. The growing vehicle production across the country, which extensively employs the material, leads to the market's expansion. Other crucial factors contributing significantly to the market growth are the low labour cost, the favourable government policies, and the growing establishment of R&D centres in the region.
In the upcoming time, the frame rises of sustainable infrastructure due to increasing investments and the rapid adoption of solar energy will likely aid in improving the installation of solar panels in the region, resulting in a new Mexico Flat Glass market opportunity.
The market's regions can be divided into Central and Northern Mexico, The Bajío, Yucatan Peninsula, Baja California and Pacific Coast.
The Mexico Flat Glass market’s competitive landscape is consolidated and highly competitive due to numerous players. The players are initiating various strategies like mergers and acquisitions to recover from losses caused due to the pandemic and to strengthen their presence in the Flat Glass Market.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Mexico
7 Industry Opportunities and Challenges
8 Mexico Flat Glass Market Analysis
8.1 Key Industry Highlights
8.2 Mexico Flat Glass Historical Market (2017-2021)
8.3 Mexico Flat Glass Market Forecast (2022-2027)
8.4 Mexico Flat Glass Market by Technology
8.4.1 Float Glass
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2017-2021)
8.4.1.3 Forecast Trend (2022-2027)
8.4.2 Sheet Glass
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2017-2021)
8.4.2.3 Forecast Trend (2022-2027)
8.4.3 Rolled Glass
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2017-2021)
8.4.3.3 Forecast Trend (2022-2027)
8.5 Mexico Flat Glass Market by Product Type
8.5.1 Basic Float Glass
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2017-2021)
8.5.1.3 Forecast Trend (2022-2027)
8.5.2 Toughened Glass
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2017-2021)
8.5.2.3 Forecast Trend (2022-2027)
8.5.3 Coated Glass
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2017-2021)
8.5.3.3 Forecast Trend (2022-2027)
8.5.4 Laminated Glass
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2017-2021)
8.5.4.3 Forecast Trend (2022-2027)
8.5.5 Mirrored/Patterned/Extra Clear Glass
8.5.5.1 Market Share
8.5.5.2 Historical Trend (2017-2021)
8.5.5.3 Forecast Trend (2022-2027)
8.5.6 Insulated Glass
8.5.6.1 Market Share
8.5.6.2 Historical Trend (2017-2021)
8.5.6.3 Forecast Trend (2022-2027)
8.6 Mexico Flat Glass Market by Raw Material
8.6.1 Sand
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2017-2021)
8.6.1.3 Forecast Trend (2022-2027)
8.6.2 Soda Ash
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2017-2021)
8.6.2.3 Forecast Trend (2022-2027)
8.6.3 Limestone
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2017-2021)
8.6.3.3 Forecast Trend (2022-2027)
8.6.4 Dolomite
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2017-2021)
8.6.4.3 Forecast Trend (2022-2027)
8.6.5 Alumina
8.6.5.1 Market Share
8.6.5.2 Historical Trend (2017-2021)
8.6.5.3 Forecast Trend (2022-2027)
8.6.6 Others
8.7 Mexico Flat Glass Market by Category
8.7.1 Fabricated
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2017-2021)
8.7.1.3 Forecast Trend (2022-2027)
8.7.2 Non-Fabricated
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2017-2021)
8.7.2.3 Forecast Trend (2022-2027)
8.8 Mexico Flat Glass Market by Application
8.8.1 Solar Control
8.8.1.1 Market Share
8.8.1.2 Historical Trend (2017-2021)
8.8.1.3 Forecast Trend (2022-2027)
8.8.2 Safety and Security
8.8.2.1 Market Share
8.8.2.2 Historical Trend (2017-2021)
8.8.2.3 Forecast Trend (2022-2027)
8.9 Mexico Flat Glass Market by End Use
8.9.1 Construction
8.9.1.1 Market Share
8.9.1.2 Historical Trend (2017-2021)
8.9.1.3 Forecast Trend (2022-2027)
8.9.2 Automotive
8.9.2.1 Market Share
8.9.2.2 Historical Trend (2017-2021)
8.9.2.3 Forecast Trend (2022-2027)
8.9.3 Soler energy
8.9.3.1 Market Share
8.9.3.2 Historical Trend (2017-2021)
8.9.3.3 Forecast Trend (2022-2027)
8.9.4 Others
8.10 Mexico Flat Glass Market by Region
8.10.1 Market Share
8.10.1.1 Central Mexico
8.10.1.2 Northern Mexico
8.10.1.3 Pacific Coast
8.10.1.4 The Bajío
8.10.1.5 Yucatan Peninsula
8.10.1.6 Baja California
9 Regional Analysis
9.1 Central Mexico
9.1.1 Historical Trend (2017-2021)
9.1.2 Forecast Trend (2022-2027)
9.2 Northern Mexico
9.2.1 Historical Trend (2017-2021)
9.2.2 Forecast Trend (2022-2027)
9.3 Pacific Coast
9.3.1 Historical Trend (2017-2021)
9.3.2 Forecast Trend (2022-2027)
9.4 The Bajío
9.4.1 Historical Trend (2017-2021)
9.4.2 Forecast Trend (2022-2027)
9.5 Yucatan Peninsula
9.5.1 Historical Trend (2017-2021)
9.5.2 Forecast Trend (2022-2027)
9.6 Baja California
9.6.1 Historical Trend (2017-2021)
9.6.2 Forecast Trend (2022-2027)
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Feedstock Price Analysis
12.1 Limestone Historical Price Trends (2017-2021) and Forecast (2022-2027)
12.2 Soda Ash Historical Price Trends (2017-2021) and Forecast (2022-2027)
12.3 Dolomite Historical Price Trends (2017-2021) and Forecast (2022-2027)
12.4 Alumine Historical Price Trends (2017-2021) and Forecast (2022-2027)
13 Competitive Landscape
13.1 Market Structure
13.2 Company Profiles
13.2.1 Vitro, S.A.B de C.V
13.2.1.1 Company Overview
13.2.1.2 Product Portfolio
13.2.1.3 Demographic Reach and Achievements
13.2.1.4 Certifications
13.2.2 Saint Gobain S.A.
13.2.2.1 Company Overview
13.2.2.2 Product Portfolio
13.2.2.3 Demographic Reach and Achievements
13.2.2.4 Certifications
13.2.3 Guardian Glass LLC
13.2.3.1 Company Overview
13.2.3.2 Product Portfolio
13.2.3.3 Demographic Reach and Achievements
13.2.3.4 Certifications
13.2.4 AGC Inc.
13.2.4.1 Company Overview
13.2.4.2 Product Portfolio
13.2.4.3 Demographic Reach and Achievements
13.2.4.4 Certifications
13.2.5 Nippon Sheet Glass Co., Ltd
13.2.5.1 Company Overview
13.2.5.2 Product Portfolio
13.2.5.3 Demographic Reach and Achievements
13.2.5.4 Certifications
13.2.6 Others
14 Industry Events and Developments
The Flat glass in Mexico Flat Glass market price was valued at USD 1045.00 million in 2021.
During the years 2022-2027, it is likely that the market grows at a CAGR of 4.20%.
The material's demand in the automotive sector is one of the essential drivers of the Mexico Flat Glass Market growth.
Vitro, S.A.B. de C.V., Saint Gobain S.A., Guardian Glass L.L.C., A.G.C. Inc., Nippon Sheet Glass Co., Ltd, etc., are some Market Key Players.
Central Mexico region in the Flat Glass industry in Mexico holds a significant market share.
The Mexico Flat Glass Market Price attained a value of USD 1045.00 million in 2021, driven by the expanding demand for flat glass for various end-uses, like construction. Production capabilities are being enhanced by the leading flat glass manufacturers in Mexico, further aiding the industry growth. The constantly developing automotive sector, the low labour cost, favourable government policies, the growing vehicle production, and the growing establishment of R&D centres in the region are aiding the Mexico Flat Glass Market Development.
The Mexico Flat Glass Market is anticipated to expand in the forecast period of 2022-2027, growing at a CAGR of 4.20%. The Market Forecast is projected to reach USD 1340.00 million by 2027. Some players present in the market are Vitro, S.A.B. de C.V., Saint Gobain S.A., Guardian Glass L.L.C., A.G.C. Inc., Nippon Sheet Glass Co., Ltd, and Others.
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