KEY FINDINGS
The North America cellular glass market is evaluated to develop with a CAGR of 4.63% over the estimated years of 2021 to 2028. The region’s market growth is facilitated by factors such as the rising demand from the construction sector to insulate mission-critical buildings and commercial roofing, and the use of cellular glass in diverse industrial applications due to the material’s strength and stability.
MARKET INSIGHTS
The North America cellular glass market growth analysis entails the assessment of Canada and the United States. The construction sector in Canada is a strong indicator of the nation’s economic strength. In this regard, Montreal and Toronto were the chief centers of construction endeavors, accounting for nearly 25% of the overall activity in the year 2017. In addition, numerous government projects, such as New Building Canada Plan (NBCP), Made in Canada, and Affordable Housing Initiative (AHI), are estimated to significantly sustain the sector’s growth, thereby fueling the use of floor coatings across the industry.
On the other hand, construction activity in Canada is set to be supplemented through the planned investments in infrastructure by the country’s government. Thus, under the Investing in Canada Plan, the government of Canada proposes to invest $139 billion in key infrastructure divisions through 2028. Moreover, the productivity of the industry is likely to be supported by improvements in terms of business confidence over the upcoming years. As a result, these aspects are anticipated to play a vital role in augmenting the cellular glass market growth over the forecasted period.
COMPETITIVE INSIGHTS
Some of the distinguished companies operating in the market are AeroAggregates of North America LLC, Amity Insulation Group Inc, Owens Corning, etc.
Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation cater to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments