Mexico Flat Glass Market Size (2024 - 2029)

Mexico Flat Glass Market Analysis

The Mexico Flat Glass Market size is estimated at USD 1.67 billion in 2024, and is expected to reach USD 2.13 billion by 2029, growing at a CAGR of 4.92% during the forecast period (2024-2029).

The COVID-19 pandemic negatively affected the market owing to several restrictions imposed by the Mexican government. However, the market recovered well after the restrictions were lifted. The market recovered significantly, owing to the rise in consumption of flat glass for building, construction, and automotive industries in the country.

• The increasing demand from the construction industry and growing demand for electronic displays are major factors driving the growth of the market studied.
• However, the fluctuating prices of raw materials and government regulations on carbon emissions are likely to restrain the growth of the studied market.
• Nevertheless, advancements in the usage of flat glass in renovation projects in the construction industry are expected to create opportunities for the market during the forecast period.

Mexico Flat Glass Industry Segmentation

Flat glass, often called sheet or plate glass, is frequently used to create solar panels, windows, mirrors, and doors. Sand, silica, limestone, and soda ash are melted to create the liquid, which is then cooled to create the product of the required thickness.

The Mexico flat glass market report is segmented by Product Type and End-user Industry. By Product Type, the market is segmented into Annealed Glass (including Tinted Glass), Coater Glass, Reflective Glass, Processed Glass, and Mirrors. By End-user Industry, the market is segmented into Building and Construction, Automotive, Solar Glass, and Other End-user Industries (Electronics, Aerospace, etc.). The report offers the market size in value terms in USD for all the abovementioned segments.