Energy Efficient Glass Market- Expands by 5.0 % CAGR, Estimated to Reach at US$ 32.02 Billion Globally by 2023

The Energy Efficient Glass Market report covers the market on the basis of coating, glazing, end-use industry, and region. This report aims at estimating the size and future growth potential of the energy efficient glass market across various segmentation types. The report also includes an in-depth competitive analysis of the key market players along with their profiles and key growth strategies.

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The global energy efficient glass market is estimated to be USD 25.11 billion in 2018 and is projected to reach USD 32.02 billion by 2023, at a CAGR of 5.0% between 2018 and 2023. The increasing urbanization, growing population, and new construction activities are expected to fuel the growth of the building & construction industry, which, in turn, is expected to drive the energy efficient glass market. However, the lack of access to raw materials, promotion of recycling, and management of chemicals responsibly are the challenging factors for the growth of the energy efficient glass market.

Key Target Audiences:
• Raw material suppliers
• Energy efficient glass manufacturers
• Energy efficient glass traders, distributors, and suppliers
• Energy efficient glass technology providers
• End-use industry participants of energy efficient glass
• Government and research organizations
• Associations and industrial bodies
• Research and consulting firms

Companies Profiled: Saint-Gobain S.A. (France), Nippon Sheet Glass Co., Ltd. (Japan), AGC Inc. (Japan), SCHOTT AG (Germany), Guardian Glass, LLC. (US), Sisecam Group (Turkey), and Vitro Architectural Glass (US) are the leading energy efficient glass manufacturers, globally.

Report categorizes the energy efficient glass market based on coating, glazing, end-use industry, and region.
Energy Efficient Glass Market, by Coating:
• Hard Coat
• Soft Coat

The hard-coated energy efficient glass market is projected to register the highest CAGR during the forecast period. The high demand for hard coated energy efficient glass in APAC, especially in India and the ASEAN countries due to its excellent low-E properties is expected to drive the growth of the segment.

Energy Efficient Glass Market, by Glazing:
• Single Glazing
• Double Glazing
• Triple Glazing

Triple glazing energy efficient glass is projected to be the largest segment of the market. Stringent regulations globally for energy conservation in the building & construction industry have compelled the contractors to use high energy efficient products. This, in turn, is expected to drive the growth of the triple glazing energy efficient glass segment.

Energy Efficient Glass Market, by End-use Industry:
• Building & Construction
• Automotive
• Solar Panel
• Others
Energy Efficient Glass Market, by Region:
• APAC
• North America
• Europe
• South America
• Middle East & Africa

The APAC energy efficient glass market is projected to register the highest CAGR between 2018 and 2023. This high growth is attributed to the increased use of energy efficient glass in the building & construction, automotive, and solar panel industries.

Breakdown of profiles of primary interviews for the report on the energy efficient glass market:

• By Company Type – Tier 1 – 45%, Tier 2 –22%, and Tier 3 – 33%
• By Designation – C Level – 50%, Director Level – 10%, and Others – 40%
• By Region – Europe – 50%, APAC– 31%, North America – 13%, and RoW – 6%

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This release was published on openPR.