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Base Year
Historical Year
Forecast Year
The Mexico flat glass market reached a value of about USD 1,090.11 million in 2023. The industry is further expected to grow at a CAGR of 4.2% in the forecast period of 2024-2032 to attain nearly USD 1,460.35 million by 2032.
Mexico Flat Glass Market Report Summary | Description | Value |
Base Year | USD Million | 2023 |
Historical Period | USD Million | 2018-2023 |
Forecast Period | USD Million | 2024-2032 |
Market Size 2023 | USD Million | 1,090.11 |
Market Size 2032 | USD Million | 1,460.35 |
CAGR 2018-2023 | Percentage | XX% |
CAGR 2024-2032 | Percentage | 4.2% |
CAGR 2024-2032 -Mexico Flat Glass Market by Region | The Bajío | 4.8% |
CAGR 2024-2032 -Mexico Flat Glass Market by Region | Pacific Coast | 4.5% |
CAGR 2024-2032 -Mexico Flat Glass Market by Application | Solar Control | 5.0% |
CAGR 2024-2032 -Mexico Flat Glass Market by End Use | Solar Energy | 4.9% |
2023 Mexico Flat Glass Market Share by Region | Northern Mexico | 26.7% |
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By technology, the float glass segment accounts for a significant share in the industry. The superior properties, high quality, and structural flexibility of float glass make it suitable for buildings, vehicles, and other applications.
Further, float glass is less breakable, easier to cut, simpler to fabricate, clear and transparent, and contains fewer bubbles. All these factors are leading to its increased demand in various end-use industries, such as automotive, construction, and electronics, among others. Moreover, as float glass can be further processed to produce different forms of specialised glass such as toughened glass, soundproof glass, and laminated safety glass, it is expected to witness an increased demand in the forecast period. The segment is expected to be aided by the rapid technological advancements and new innovations in the industry.
Flat glass, as the name suggests, is flat like sheets of paper. It is prepared by spreading molten glass in sheets on a metal plane. It is also referred to as plate glass. Flat glass has a wide range of applications and is commonly used to prepare windows, doors, mirrors, automotive glass, and various other objects.
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On the basis of technology, the market is divided into:
The industry can be divided based on application into:
CAGR 2024-2032 -Mexico Flat Glass Market by | Application |
Solar Control | 5.0% |
Safety and Security | XX% |
By product type, the market is segmented into:
The major raw materials utilised for the product include:
By category, the industry can be bifurcated into:
Based on end use industry, it can be categorised into:
CAGR 2024-2032 -Mexico Flat Glass Market by | End Use |
Solar Energy | 4.9% |
Construction | 4.7% |
Automotive | XX% |
Others | XX% |
CAGR 2024-2032 -Mexico Flat Glass Market by | Region |
The Bajío | 4.8% |
Pacific Coast | 4.5% |
Northern Mexico | 4.4% |
Central Mexico | XX% |
Yucatan Peninsula | XX% |
Baja California | XX% |
The major regional markets for flat glass in Mexico include Baja California, Northern Mexico, the Bajío, Central Mexico, Pacific Coast, and Yucatan Peninsula.
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The Mexico flat glass industry is being driven by the rapidly growing vehicle production and thriving automotive sector across the country, which is one of the major end-use industries of flat glass. Due to low labour cost and the favourable government policies, the automakers are selecting Mexico as a place to locate R&D centres and expand their business. This has significantly contributed to the growth of the market. Apart from this, the leading flat glass manufacturers are increasing their production capabilities in Mexico, which is aiding the industry growth. For instance, in 2017, Saint-Gobain announced the construction of a new flat glass (float) production line in Saltillo in Mexico to manufacture glass for the automotive and construction sectors and meet the rising global demand. Additionally, the increasing infrastructural investments in Mexico have further enhanced the demand for flat glass across the region. However, after the outbreak of the COVID-19, the construction industry in Mexico is undergoing an unprecedented crisis.
Over the forecast period, the increasing investments in sustainable infrastructure and the growing adoption of solar energy are expected to enhance the installation of solar panels in the region, which, in turn, is projected to provide enhanced growth opportunities to the flat glass industry in Mexico.
2023 Mexico Flat Glass Market Share by | Region |
Northern Mexico | 26.7% |
Central Mexico | XX% |
Pacific Coast | XX% |
The Bajío | XX% |
Yucatan Peninsula | XX% |
Baja California | XX% |
The report gives a detailed analysis of the following key players in the Mexico flat glass market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Technology |
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Breakup by Product Type |
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Breakup by Raw Material |
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Breakup by Category |
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Breakup by Application |
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Breakup by End Use |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the Mexico flat glass market attained a volume of nearly USD 1,090.11 million.
The market is estimated to witness a healthy growth at a CAGR of 4.2% in the forecast period of 2024-2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 1,460.35 million by 2032.
The major drivers of the market include the thriving construction industry, growing demand for flat glass from the automotive sector, and rising disposable income.
Technological advancements in the automotive industry and the increasing investments in infrastructure projects are the key trends guiding the growth of the market.
The major regional markets include Central Mexico, Northern Mexico, Pacific Coast, The Bajío, Yucatan Peninsula, and Baja California.
Float glass, sheet glass, and rolled glass are the different technologies of flat glass.
Safety and security, and solar control are the significant applications of flat glass.
The different product types in the market are basic float glass, toughened glass, coated glass, laminated glass, insulated glass, and mirrored/patterned/extra clear glass.
Sand, soda ash, dolomite, limestone, and alumina, among others are the various raw materials used in the market.
Fabricated and non-fabricated are the major categories of flat glass.
Construction, automotive, and solar energy, among others are the significant end uses of flat glass.
The key players in the Mexico flat glass market are Vitro, S.A.B De C.V, Saint Gobain S.A., Guardian Glass LLC, AGC Inc., and Nippon Sheet Glass Co., Ltd., among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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