
Mexico Flat Glass Market Growth Analysis - Market Size, Share, Forecast Trends and Outlook Report (2025-2034)
Description
The Mexico flat glass market reached a value of about USD 1090.11 Million in 2024. The industry is further expected to grow at a CAGR of 4.20% in the forecast period of 2025-2034 to attain nearly USD 1644.93 Million by 2034.
Increasing Demand for Float Glass to Augment the Flat Glass Industry Growth in Mexico
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: Market Segmentation
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.
On the basis of technology, the market is divided into:
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.
Key Industry Players in the Mexico Flat Glass Market
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:
Increasing Demand for Float Glass to Augment the Flat Glass Industry Growth in Mexico
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: Market Segmentation
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.
On the basis of technology, the market is divided into:
- Float Glass
- Sheet Glass
- Rolled Glass
- Safety and Security
- Solar Control
- Basic Float Glass
- Toughened Glass
- Coated Glass
- Laminated Glass
- Insulated
- Mirrored/Patterned/Extra Clear Glass
- Sand
- Soda Ash
- Dolomite
- Limestone
- Alumina
- Others
- Fabricated
- Non-Fabricated
- Construction
- Automotive
- Solar Energy
- Others
- Baja California
- Northern Mexico
- The Bajío
- Central Mexico
- Pacific Coast
- Yucatan Peninsula
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.
Key Industry Players in the Mexico Flat Glass Market
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:
- Vitro, S.A.B de C.V
- Saint Gobain S.A.
- Guardian Glass LLC
- AGC Inc.
- Nippon Sheet Glass Company Ltd.
- Others
Table of Contents
109 Pages
- 1 Executive Summary
- 1.1 Market Size 2024-2025
- 1.2 Market Growth 2025(F)-2034(F)
- 1.3 Key Demand Drivers
- 1.4 Key Players and Competitive Structure
- 1.5 Industry Best Practices
- 1.6 Recent Trends and Developments
- 1.7 Industry Outlook
- 2 Market Overview and Stakeholder Insights
- 2.1 Market Trends
- 2.2 Key Verticals
- 2.3 Key Regions
- 2.4 Supplier Power
- 2.5 Buyer Power
- 2.6 Key Market Opportunities and Risks
- 2.7 Key Initiatives by Stakeholders
- 3 Economic Summary
- 3.1 GDP Outlook
- 3.2 GDP Per Capita Growth
- 3.3 Inflation Trends
- 3.4 Democracy Index
- 3.5 Gross Public Debt Ratios
- 3.6 Balance of Payment (BoP) Position
- 3.7 Population Outlook
- 3.8 Urbanisation Trends
- 4 Country Risk Profiles
- 4.1 Country Risk
- 4.2 Business Climate
- 5 Mexico Flat Glass Market Analysis
- 5.1 Key Industry Highlights
- 5.2 Mexico Flat Glass Historical Market (2018-2024)
- 5.3 Mexico Flat Glass Market Forecast (2025-2034)
- 5.4 Mexico Flat Glass Market by Technology
- 5.4.1 Float Glass
- 5.4.1.1 Historical Trend (2018-2024)
- 5.4.1.2 Forecast Trend (2025-2034)
- 5.4.2 Sheet Glass
- 5.4.2.1 Historical Trend (2018-2024)
- 5.4.2.2 Forecast Trend (2025-2034)
- 5.4.3 Rolled Glass
- 5.4.3.1 Historical Trend (2018-2024)
- 5.4.3.2 Forecast Trend (2025-2034)
- 5.5 Mexico Flat Glass Market by Product Type
- 5.5.1 Basic Float Glass
- 5.5.1.1 Historical Trend (2018-2024)
- 5.5.1.2 Forecast Trend (2025-2034)
- 5.5.2 Toughened Glass
- 5.5.2.1 Historical Trend (2018-2024)
- 5.5.2.2 Forecast Trend (2025-2034)
- 5.5.3 Coated Glass
- 5.5.3.1 Historical Trend (2018-2024)
- 5.5.3.2 Forecast Trend (2025-2034)
- 5.5.4 Laminated Glass
- 5.5.4.1 Historical Trend (2018-2024)
- 5.5.4.2 Forecast Trend (2025-2034)
- 5.5.5 Mirrored/Patterned/Extra Clear Glass
- 5.5.5.1 Historical Trend (2018-2024)
- 5.5.5.2 Forecast Trend (2025-2034)
- 5.5.6 Insulated Glass
- 5.5.6.1 Historical Trend (2018-2024)
- 5.5.6.2 Forecast Trend (2025-2034)
- 5.6 Mexico Flat Glass Market by Raw Material
- 5.6.1 Sand
- 5.6.1.1 Historical Trend (2018-2024)
- 5.6.1.2 Forecast Trend (2025-2034)
- 5.6.2 Soda Ash
- 5.6.2.1 Historical Trend (2018-2024)
- 5.6.2.2 Forecast Trend (2025-2034)
- 5.6.3 Limestone
- 5.6.3.1 Historical Trend (2018-2024)
- 5.6.3.2 Forecast Trend (2025-2034)
- 5.6.4 Dolomite
- 5.6.4.1 Historical Trend (2018-2024)
- 5.6.4.2 Forecast Trend (2025-2034)
- 5.6.5 Alumina
- 5.6.5.1 Historical Trend (2018-2024)
- 5.6.5.2 Forecast Trend (2025-2034)
- 5.6.6 Others
- 5.7 Mexico Flat Glass Market by Category
- 5.7.1 Fabricated
- 5.7.1.1 Historical Trend (2018-2024)
- 5.7.1.2 Forecast Trend (2025-2034)
- 5.7.2 Non-Fabricated
- 5.7.2.1 Historical Trend (2018-2024)
- 5.7.2.2 Forecast Trend (2025-2034)
- 5.8 Mexico Flat Glass Market by Application
- 5.8.1 Solar Control
- 5.8.1.1 Historical Trend (2018-2024)
- 5.8.1.2 Forecast Trend (2025-2034)
- 5.8.2 Safety and Security
- 5.8.2.1 Historical Trend (2018-2024)
- 5.8.2.2 Forecast Trend (2025-2034)
- 5.9 Mexico Flat Glass Market by End Use
- 5.9.1 Construction
- 5.9.1.1 Historical Trend (2018-2024)
- 5.9.1.2 Forecast Trend (2025-2034)
- 5.9.2 Automotive
- 5.9.2.1 Historical Trend (2018-2024)
- 5.9.2.2 Forecast Trend (2025-2034)
- 5.9.3 Soler energy
- 5.9.3.1 Historical Trend (2018-2024)
- 5.9.3.2 Forecast Trend (2025-2034)
- 5.9.4 Others
- 5.10 Mexico Flat Glass Market by Region
- 5.10.1 Central Mexico
- 5.10.2 Northern Mexico
- 5.10.3 Pacific Coast
- 5.10.4 The Bajío
- 5.10.5 Yucatan Peninsula
- 5.10.6 Baja California
- 6 Regional Analysis
- 6.1 Central Mexico
- 6.1.1 Historical Trend (2018-2024)
- 6.1.2 Forecast Trend (2025-2034)
- 6.2 Northern Mexico
- 6.2.1 Historical Trend (2018-2024)
- 6.2.2 Forecast Trend (2025-2034)
- 6.3 Pacific Coast
- 6.3.1 Historical Trend (2018-2024)
- 6.3.2 Forecast Trend (2025-2034)
- 6.4 The Bajío
- 6.4.1 Historical Trend (2018-2024)
- 6.4.2 Forecast Trend (2025-2034)
- 6.5 Yucatan Peninsula
- 6.5.1 Historical Trend (2018-2024)
- 6.5.2 Forecast Trend (2025-2034)
- 6.6 Baja California
- 6.6.1 Historical Trend (2018-2024)
- 6.6.2 Forecast Trend (2025-2034)
- 7 Market Dynamics
- 7.1 SWOT Analysis
- 7.1.1 Strengths
- 7.1.2 Weaknesses
- 7.1.3 Opportunities
- 7.1.4 Threats
- 7.2 Porter’s Five Forces Analysis
- 7.2.1 Supplier’s Power
- 7.2.2 Buyer’s Power
- 7.2.3 Threat of New Entrants
- 7.2.4 Degree of Rivalry
- 7.2.5 Threat of Substitutes
- 7.3 Key Indicators for Demand
- 7.4 Key Indicators for Price
- 8 Value Chain Analysis
- 9 Feedstock Price Analysis
- 9.1 Limestone Historical Price Trends (2018-2024) and Forecast (2025-2034)
- 9.2 Soda Ash Historical Price Trends (2018-2024) and Forecast (2025-2034)
- 9.3 Dolomite Historical Price Trends (2018-2024) and Forecast (2025-2034)
- 9.4 Alumine Historical Price Trends (2018-2024) and Forecast (2025-2034)
- 10 Competitive Landscape
- 10.1 Supplier Selection
- 10.2 Key Global Players
- 10.3 Key Regional Players
- 10.4 Key Player Strategies
- 10.5 Company Profiles
- 10.5.1 Vitro, S.A.B de C.V
- 10.5.1.1 Company Overview
- 10.5.1.2 Product Portfolio
- 10.5.1.3 Demographic Reach and Achievements
- 10.5.1.4 Certifications
- 10.5.2 Saint Gobain S.A.
- 10.5.2.1 Company Overview
- 10.5.2.2 Product Portfolio
- 10.5.2.3 Demographic Reach and Achievements
- 10.5.2.4 Certifications
- 10.5.3 Guardian Glass LLC
- 10.5.3.1 Company Overview
- 10.5.3.2 Product Portfolio
- 10.5.3.3 Demographic Reach and Achievements
- 10.5.3.4 Certifications
- 10.5.4 AGC Inc.
- 10.5.4.1 Company Overview
- 10.5.4.2 Product Portfolio
- 10.5.4.3 Demographic Reach and Achievements
- 10.5.4.4 Certifications
- 10.5.5 Nippon Sheet Glass Co., Ltd
- 10.5.5.1 Company Overview
- 10.5.5.2 Product Portfolio
- 10.5.5.3 Demographic Reach and Achievements
- 10.5.5.4 Certifications
- 10.5.6 Others
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