The rising number of population base in urban areas, expanding tourism and hospitality industry, growing adoption of textured glasses in workspaces, and increasing construction business in the commercial and residential sectors are some of the key factors positively impacting the growth of the North American acid-etched glass market. As a result of these factors, the industry is projected to generate $403.1 million revenue by 2030, with a CAGR of 5.5% during the forecast period (2021–2030).
The COVID-19 pandemic has been negatively impacted the North American acid-etched glass market. This is due to the shortage of workforce and economic crisis, owing to the laid regulations by the government in the region, such as lockdown and social distancing. Thus, these factors affected the demand for acid-etched glass products from end users, such as commercial and residential sectors.
The North American acid-etched glass market is categorized into plain, low-e coated, patterned, anti-slip, and others, based on type. Among these, the plain acid-etched glass is expected to account for largest market share in 2030, due to the growing concerns for privacy and increasing disposable income of consumers.
Moreover, the North American acid-etched glass market is categorized into windows, doors, partition walls, shelves, railings, and others, based on application. Of these, the windows category held the largest market share in 2020, due to the high number of windows present in both residential and commercial buildings, to offer airier environment to inhabitants.
Further, the North American acid-etched glass market is categorized into commercial and residential, based on end user. Between the two, the commercial category is expected to witness faster growth in the forecast period. This can be mainly attributed to the significantly growing employment rate in the region, which, in turn, will create demand for more commercial spaces to accommodate the rising number of employees. Hence, this will lead to the increase in demand for acid-etched glass in upcoming years.
Geographically, the U.S. contributed larger share to the North American acid-etched glass market in 2020. This is mainly on account of the expanding construction industry and the rising number of government initiatives to increase tourism in the country.
Some of the major players operating in the North American acid-etched glass market include Bear Glass, Guardian Industries Holdings LLC, OcuGlass LLC, Walker Glass Company Ltd., CARVART, Cosmopolitan Glass INC., General Glass International, Dillmeier Glass Company, Asahi Kasei Corporation, and Compagnie de Saint-Gobain S.A.