Double-Glazing Glass Market Opportunities, Business Forecast To 2029

According to Precision Business Insights (PBI), the latest report, the double-glazing glass market size was valued at USD 12,739.7 million in 2022 and is expected to grow at a 7.1% CAGR from 2023 to 2029. The primary drivers of the expansion of the global double-glazing glass market include the increasing building and construction activities across the globe. In addition, favorable government regulations regarding the energy conservation buildings is expected to boost the growth of double-glazing glass market.

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Residential Segment is expected to Dominate the Double-Glazing Glass Market:
Based on the end-user, the global Double-Glazing Glass market is segmented into residential, commercial, industrial, and others. The residential segment is expected to account for a larger revenue share in the global double-glazing glass market. The growing population across the globe and rapid urbanization resulting in the increasing construction of residential buildings. Thus, the increasing residential construction activities are expected to drive the growth of double-glazing glass market in this segment. The wide application and advantages of double-glazing glass has made several builders to choose double-glazing glass in the construction activities. Furthermore, the energy conserving property has also shifted the consumer preference towards itself.

Europe Double-Glazing Glass Market:
The Europe double-glazing glass market is expected to increase over the forecast period due to the increasing consumption of energy and its cost. In addition, the increasing need to manage greenhouse gas emission is expected to drive the growth of double-glazing glass market in this region. Furthermore, government initiatives regarding the green buildings and energy-efficient performance have made double-glazing glass a very prominent choice among the builders in countries such as Italy, UK, France. which is anticipated to boost the growth of double-glazing glass market at a significant rate in this region.

Strategic New Product Launches, Mergers, Acquisitions, and Agreements are the key strategies adopted by market players:
The global Double-Glazing Glass market further reveals that the key players are increasingly adopting strategies such as the launch of newer products, product launches, and long-term alliances to improve market revenue share and gain significant geographic presence across the region. For instance, In October 2019, Clayton Glass, acquired, Nottinghamshire- based glass manufacturer, Global glass, from Aperture trading Ltd.

The Double-Glazing Glass market is segmented based on material, application, spacer thickness, end user, and geography.
Based on the material, the market is segmented into the following:
• Glass
• Frame & Spacer
• Sealant

Based on the application, the market is segmented into the following:
• Window & Door
• Facade
• Others

Based on the spacer thickness, the market is segmented into the following:
• 10mm to 12mm
• More than 12mm

Based on the end user, the market is segmented into the following:
• Residential
• Commercial
• Industrial
• Others

Based on geography, the market is segmented into the following:
• North America
• Europe
• The Asia Pacific
• Latin America
• MEA

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Key players profiles in the double-glazing glass market report are Abbey & Burton Glass, CN Glass Limited, Glass & Glazing Systems Pvt Ltd, Clayton Glass Ltd, Shenzhen Sun Global Glass Co., MCO Gulf Ltd, Weather beater Windows, Metro Performance Glass, Royal Tough Glass Works, Chevron Glass Pt Ltd.

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This release was published on openPR.