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Insulating Glass Window Market Report 2024| AGC Inc., Cardinal Glass Industries Inc., Central Glass Co. Ltd., Saint-Gobain SA, Dymax Corporation, Glaston Corporation, Guardian Glass Corp.
Insulating Glass Window
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the insulated shipping packaging industry. This report on insulated shipping packaging market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The insulating glass window market size has grown strongly in recent years. It will grow from $13.37 billion in 2023 to $14.24 billion in 2024 at a compound annual growth rate (CAGR) of 6.5%. The growth in the historic period can be attributed to increased energy efficiency, rise in demand for sustainability, rise in demand for noise reduction, improved indoor comfort, increased urbanization.
The insulating glass window market size is expected to see strong growth in the next few years. It will grow to $18.36 billion in 2028 at a compound annual growth rate (CAGR) of 6.5%. The growth in the forecast period can be attributed to rising building renovation and upgrades, increasing importance for health and wellness applications, increasing regulatory changes, aging building stock, rising demand in day lighting. Major trends in the forecast period include triple glazing, smart glass integration, vacuum insulated glass (VIG), solar control films, integration of unique security features.
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Key Market Players:
AGC Inc., Cardinal Glass Industries Inc., Central Glass Co. Ltd., Saint-Gobain SA, Dymax Corporation, Glaston Corporation, Guardian Glass Corp., H.B. Fuller Company, Vitro S.A.B. de C.V., Internorm International GmbH, Ittihad Insulating Glass Co., Migo Glass Co. Ltd.
Market Drivers:
According to the Insulating Glass Window Market Report 2024 by The Business Research Company, Increased demand in residential construction is expected to propel the growth of the insulating glass window market going forward. Residential construction refers to the process of building structures specifically used for residential or domestic use by individuals, families, and households. Insulating glass windows are used to improve energy efficiency and thermal insulation in residential buildings by reducing heat transfer between the interior and exterior of the buildings. For instance, in 2021, according to FMI (Fails Management Institute) Corporation, a US-based consulting and investment banking firm, multi-family residential construction spending activities had 18% growth with $111 billion in investment. Also, globally, it is anticipated that this will rise to $136 billion in 2025 as an investment in multi-family residential construction. Therefore, increased demand in residential construction is driving the growth of the insulating glass window market.
More information about the Global Insulating Glass Window Market Report - https://www.thebusinessresearchcompany.com/report/insulating-glass-window-global-market-report
Market segments for insulated shipping packaging include:
1) By Product Type: Vacuum Insulating Glass (VIG), Gas Filled Insulating Glass, Air Filled Insulating Glass
2) By Sealant Type: Silicone, Polysulfide, Hot melt butyl, Polyurethane, Other Sealant Types
3) By Spacer Type: Thermoplastic, Aluminum Box, Galvanized Steel, Intercept, Stainless Steel Box
4) By End-Use Industry: Residential, Commercial
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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