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Energy Efficient Glass Market Analysis, Trends, Growth, Research And Forecast 2032
Energy Efficient Glass Market
The Business Research Company's Energy Efficient Glass Global Market Report 2023 identifies the rapid expansion of building and construction-related activities as the major driver for the template market's growth in the forecast period. Construction activities refer to any proposed or ongoing installation, repair, maintenance, or similar action on the land, including the movement of vehicles and cranes, the transport of building supplies, and the anchoring or shoring of rocks. Energy-efficient glass protects the interiors of buildings from harmful ultraviolet (UV) and infrared (IR) rays and provides enhanced thermal comfort in all types of weather conditions.
The global energy-efficient glass market is expected to grow from 27.92 billion in 2022 to 29.36 billion in 2023 at a compound annual growth rate (CAGR) of 5.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global energy-efficient glass is expected to reach 34.69 billion in 2027 at a CAGR of 4.3%.
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Major competitors in the template market are Saint-Gobain SA, PPG Industries Inc., AGC Inc., Corning Incorporated, DuPont de Nemours Inc, Nippon Sheet Glass Co. Ltd, Sisecam, Guardian Industries Holdings, Cardinal Glass Industries Inc., Andersen Corporation, Schott AG, CSG Holding Co. Ltd., Atrium Windows and Doors Inc., Associated Materials Inc., Asahi India Glass Ltd (AIS), Metro Performance Glass, Champion Window Mfg. & Supply Co. LLC.
A key trend in the template market includes technological advancements. Major players in the energy-efficient glass market are concentrating on creating innovative technology to boost their market share. For instance, in June 2023, YES WORLD Climate Tech Pte Ltd., a Singapore-based blockchain-based climate tech company, launched an energy-efficient window solution for homes and businesses. This new range of specialty glass, which consists of sandwich glass and double pane glass, contains a layer made of a proprietary substance that reflects all solar radiation heat. The energy-efficient glass serves as a see-through window option that prevents 85% of the heat from the sun from penetrating the building and decreases the use of energy in terms of HVAC load. The glass functions as a passive ultraviolet (UV) collector, gathering sunlight and distributing thermal energy into the building, as well as successfully controlling reflection, emission, absorption, radiant heat gain, solar heat gain, and secrecy.
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The template market is segmented -
• By Type: Annealed Glass, Toughened Glass, Other Types
• By Coating: Soft Coat, Hard Coat
• By Glazing: Triple Glazing, Double Glazing, Single Glazing
• By End-User Industry: Construction, Automotive, Solar panels, Other End-Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the template market.
The Business Research Company's "Global Energy Efficient Glass Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Energy Efficient Glass Market Include:
1. Executive Summary
2. Energy Efficient Glass Market Characteristics
3. Energy Efficient Glass Market Trends And Strategies
4. Energy Efficient Glass Market - Macro Economic Scenario
5. Global Energy Efficient Glass Historic Market Size and Growth, 2017 - 2022, Value ($ Billion)
……
32. Global Energy Efficient Glass Market Competitive Benchmarking
33. Global Energy Efficient Glass Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Energy Efficient Glass Market
35. Energy Efficient Glass Market Future Outlook and Potential Analysis
36. Appendix
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