IndexBox has just released a new report “U.S. Glass Products Market – Analysis And Forecast to 2025“.
According to the report, the value of glass product production in the U.S. totaled $13.3B in 2016, coming up by +7.2% from the previous year. Overall, the U.S. glass product output pursued a noticeable growth from 2007 to 2016. The total output figures increased at an average annual rate of +3.4%. The trend pattern, however, indicated some noticable fluctuations throughout the analyzed period. The most perceptible growth was recorded in 2014, when the value of production increased by +8% from the previous year. Over the period under review, the output figure with regard to glass product reached its maximum level in 2016, and is likely to continue its growth in the upcoming years.
Other glass products, made from purchased glass constituted the major product category in the U.S. glass product manufacturing, with a share in total output standing near 57% in 2016. Mirrors (decorated and undecorated), made from purchased glass lagged far behing, accounting for only the 18% share. The other related products together comprised approx. 24% of the total output. From 2008 to 2016, the value of shipments of other glass products, made from purchased glass went up at an average annual rate of +1.3%. At the same time, the output of mirrors (decorated and undecorated), made from purchased glass grew by an average +8.1% per year.
This report is designed to provide accurate and comprehensive data, as well as a detailed analysis of the current state and midterm prospects of the U.S. glass product industry. It includes a market overview, which consolidates the key conclusions made from the analysis of the market study, revealing actionable insights in the glass product industry. The report provides a forecast of the expected changes in the glass product market in coming years, based on historical trends, external and internal factors, and the main developments affecting the market. Each section contains an in-depth analysis of the data provided. Further data in the report includes: the historical values and current projections regarding production and consumption volume, datasets on the industry life cycle, business locations, productivity, employment and many other crucial aspects. The Company Profiles section contains relevant data on the major players in the industry.
The trade section provides data on trade partners, such as historical data on imports & exports for each partner country, changes in the direction of trade, as well as import & export prices. An analysis of the glass product trade shows the opportunities that are currently evolving for producers and suppliers in a changing market.
Product coverage: Machine-made pressed and blown table, kitchen, art, and novelty glassware, made from purchased glass; All other machine-made pressed and blown glassware (including lighting, automotive, electronic, scientific, laboratory, industrial, and technical), made from purchased glass; Handmade pressed and blown glassware, made from purchased glass; Mirrors (decorated and undecorated), made from purchased glass; Other glass products, made from purchased glass; Glass product manufacturing made of purchased glass, nsk, total.
Gentex Corporation, Grote Industries , Safelite Glass Corp., AGC Flat Glass North America, Cardinal Glass Industries, Magna Mirrors of America, Wheaton Industries, Gerresheimer Glass, SMR Automotive Systems USA, Apogee Enterprises, J.E. Berkowitz, Potters Industries, Lawson Industries, Prl Glass Systems, Larry Methvin Installations, Kimble Chase Life Science and Research Products, Chase Scientific Glass, Consolidated Glass & Mirror Corporation, Anchi, JPS Composite Materials Corp., Magna Mirrors North America, Rauch Industries, Gardner Glass Products, Vuteq Usa, Oldcastle Buildingenvelope, Carlex Glass America, SMR Automotive Technology Holdings USA Partners , SMR Automotive Mirror International USA, Erie Scientific, US Test Company 350, Ferro Color & Glass Corporation, Custom Glass Solutions Upper Sandusky Corp., Murakami Manufacturing U.S.A.
IndexBox’s methodology consists of obtaining information from a list or highly reliable sources (both paid and open), which include, but are not limited to:
– International official statistical agencies
– Governmental statistical agencies
– Official trade statistics
– Paid trade databases
– Industrial associations
– Company reports
– Industry experts
The AI platform, developed by IndexBox data scientists, compares the disparate pieces of information gathered from various sources, using the relevant methods of data cleaning, categorization, normalization, and predictive modelling for each unique situation. The market trends are provided by our experienced analysts, taking into account recent notable events in the market, in both adjacent and related markets, the raw materials markets, and in those markets, which are the main demand creators for the product under research. The forecast is created using a set of predictive and analytical models, mainly by processing country-by-country data on consumption, production, exports, imports and prices, as well as industry, economic and consumption trends, in addition to possible political and technological trends patterns.
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