Posted by IndustrySelect on Tuesday, August 15, 2023
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4 MIN. READ
Glass manufacturers provide essential materials for different industries, including construction, manufacturing, automotive, telecommunications and consumer products. According to the latest analysis by Precedence Research, the global glass manufacturing market was valued at $178.81 billion in 2022 and is expected to be worth $312.74 billion by 2032, growing at a compound annual growth rate (CAGR) of 5.8% during the forecast period. This makes it a lucrative market to sell to.
Rising construction activity, the global consumer shift to glass over plastic, the growth of the electric vehicle market, and new demand spurred by the numerous projects proposed in the Biden Administration's Infrastructure and Jobs Act are among the many factors influencing growth in the industry.
This sector has experienced steady growth over the past few years, and there are new products and opportunities to be aware of when selling to glass manufacturers. This article will provide an overview of the U.S. glass industry and explore the sector's largest companies.
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According to data collected by MNI, compiler of the industrial data that powers IndustrySelect, there are currently 1,631 companies that make up the U.S. glass manufacturing sector in 2022.
Trends in this sector are fairly representative of manufacturing as a whole:
• 16% of glass manufacturers import raw materials, while 11% of all manufacturers do.
• 71% of glass manufacturers focus on domestic distribution, which is very close to the 70% of all manufacturers who adopt this strategy.
• 27% of glass manufacturers prioritize international distribution, reflecting the 29% of all manufacturers who export their products.
You’ll find 31% of glass manufacturers in the South and 28% in the Midwest, with Ohio being home to three of the top 10 largest manufacturers in this sector.
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Several trends and opportunities will help the glass manufacturing sector amid the current supply chain challenges and inflationary environment:
• Nonresidential construction projects and the automotive industry create a strong demand for flat glass products.
• Automating production is a growing trend for this sector, resulting in more effective production processes and lower costs.
• Demand is increasing for complex glass products for decorative purposes and products with specific properties.
• There are plenty of opportunities in the tech, telecommunications and energy sectors with glass fibers for fiber optic cables, protective screens for electronics and solar panels.
Read More: Who Needs to Buy What I'm Selling? Finding the Right Customer for Your Product or Service
Here are the top 10 largest manufacturers in this sector.
Top CompaniesCityState Number of EmployeesGentex Corp.ZeelandMI5,000Fuyao Glass America, Inc.MoraineOH2,300Pella Corp.PellaIA2,224ViraconOwatonnaMN2,000Safelite AutoGlassColumbusOH1,600Anchor Hocking Co.LancasterOH1,200SMR AutomotiveMarysvilleMI1,085Corning, Inc., Optical Fibers Div.WilmingtonNC1,000Gallo Glass Co.ModestoCA1,000Kolbe & Kolbe Millwork Co., Inc.WausauWI1,000Gentex Corp.
This award-winning manufacturer is located in Zeeland, Mich., and employs 5,000 people. Gentex Corp. specializes in fire protection equipment and glass products for the aerospace and automotive industries. Its research department develops automation technology for cars.
Fuyao Glass America Inc.
Located in Moraine, Ohio, Fuyao Glass America Inc. has 2,300 employees and is an OEM glass supplier for major automakers. This manufacturer stands out thanks to new materials research and offers products like ultra-thin glass, coated glass and dimmable glass.
Pella Corp.
Pella Corp. is a window and door manufacturer. The company has 2,224 employees and operates from Pella, Iowa. Products include wood, fiberglass, and vinyl doors and windows for the residential construction sector.
Viracon
Viracon is an Owatonna, Minn., company with 2,000 employees. It specializes in glass products for the nonresidential construction sector, including insulating glass products, laminated glass for glazing applications, and monolithic glass for modern buildings with huge facades.
Safelite AutoGlass
Located in Columbus, Ohio, Safelite AutoGlass has 1,600 employees and offer windshield repair and replacement. This company emphasizes customer service and convenience to make auto glass repairs an easy process.
Anchor Hocking Co.
Anchor Hocking Co. is a Lancaster, Ohio, company with 1,200 employees that offers timeless glass household products. Its product catalog includes bakeware, drinkware, storage products, and other kitchen essentials.
SMR Automotive
SMR Automotive makes mirrors for the automotive industry and develops camera technology to improve blind spot visibility. This Marysville, Mich., company has 1,085 employees.
Corning Inc. Optical Fibers Div.
Corning Inc. played an instrumental role in the development of fiber optics. The Wilmington, NC, company is still a major player in the telecommunications market for glass products and has 1,000 employees.
Gallo Glass Co.
Gallo Glass Co. is an eco-friendly manufacturer that uses sustainable and innovative techniques to make wine and spirits bottles. It's located in Modesto, Calif., and employs 1,000 people.
Kolbe & Kolbe Millwork Co. Inc.
In Wausau, Wisc., Kolbe & Kolbe Millwork Co. Inc. specializes in windows and doors. Its products go beyond glass to include windows and door trim and hardware for residential construction projects. The company has 1,000 employees.
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Editor's Note: This post was originally published in December 2020. It has been updated to reflect new statistics and trends in the U.S. glass manufacturing sector.
Significant knowledge, skills, and expertise developed over many years of experience are needed for glass manufacturing. The organization you pick ought to be knowledgeable about and skilled at handling projects of your particular kind and generally have experience in this sector.
Speaking with the glassmaker or your project coordinator, whether in person or by video conference, can help you decide whether they are reliable, experienced, and informed. This stage allows you to raise real-time questions to determine if you and the designated manufacturer are on the same page (ideal, but only sometimes geographically practical).
Glass producers resemble other businesses they work with in many ways. Ensure you are receiving the best value for your money while choosing. Get quotations from various manufacturers, particularly if you have yet to gain prior expertise or knowledge of the business. He generally requests three quotes from three different lens makers. You can determine what is reasonable, excessively expensive, and excessively expensive for your position as long as everyone delivers the same project with the same scope, lead, and schedule.
Finding the ideal business doesn’t only mean discovering they can’t complete the assignment by the deadline. One of the initial queries is to discover the current lead time for a project of your size and scope. In this way, neither you nor the glassmaker will waste time if the firm fails due to logistical issues.