Spandrel Glass Market Trends, Status, Estimation And Profit Analysis By Players, Types And Applications Upto 2025

Increasing application of spandrel glass in concealing building components such as insulation systems, HVAC systems, piping, floor slabs, marked wires, and columns from direct viewing is expected to augment its demand in the coming years. Besides helping to provide uniform appearance to building structures, spandrel glass could be used to add shimmering jewel-like colors to interiors of baths, residential kitchens, hospitals, galleries, restaurants, shops, and hotels. Rise of the building and construction industry and introduction of innovative construction designs are predicted to boost the overall growth of the global market. High use of glass materials in construction activities because of their various advantageous features could be another effective growth driver of the global market.

According to QYR Consulting, the global spandrel glass market is forecast to grow at a moderate CAGR of 4.0% between 2019 and 2025. By the end of 2025, the global market size is projected to touch an estimated US$2.6 Bn, improving from around US$2.0 Bn reached in 2018. The report includes detailed analysis of market dynamics, regional growth, segmentation, market competition, and other important subjects.

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Market Dynamics

Extensive use of spandrel glass in curtain wall projects and structurally glazed building designs is foreseen to help manufacturers to cash in on some lucrative business opportunities. With its high corrosion resistance and safety and non-transparent features, spandrel glass brings great value and strength to curtain wall projects. It finds application in creating a wide range of visual effects in exteriors of buildings and hiding structural elements and utilities of buildings for better visual appeal. Availability of different types of products such as colorful, decorative, etched, tinted, and low emissivity is anticipated to increase interest in the global spandrel glass market.

Market Segments

On the basis of product type, the global spandrel glass market is segmented into silicone coated spandrel glass, ceramic frit spandrel glass, and others. By application, the global market is segmented into commercial building, public building, and residential building.

Key Players

The authors of the report have profiled leading companies operating in the global spandrel glass market, such as Asahi Glass Co., Northwestern Industries, NSG Group, Padiham Glass Ltd., Guardian Glass, J.E. Berkowitz, Saint-Gobain, Toro Aluminum Group of Companies, Taiwan Glass, Viracon, Vitrum Glass Group, and Trulite Glass & Aluminum Solutions.

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