Press release
Insulating Glass Window Market Analysis 2024 -2033: Forecasted Market Size, Top Segments, And Largest Region | AGC Inc., Cardinal Glass Industries Inc., Central Glass Co. Ltd., Saint-Gobain SA, Dymax Corporation
The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2460The Business Research Company offers in-depth market insights through Insulating Glass Window Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
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 daylighting. 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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Market Segmentation:
The main types of products in insulating glass windows are vacuum insulating glass (VIG), gas-filled insulating glass, and air-filled insulating glass. Isolating glazing (IG) with an evaporated area between the two sheets of glass makes up vacuum insulating glass (VIG). Due to this it achieves a high level of thermal insulation and reduces the transfer of heat to a low level. The different types of sealants include silicone, polysulfide, hot melt butyl, polyurethane, and others. The various spacer types involve thermoplastic, aluminium box, galvanized steel, intercept, and stainless steel box and are used by several sectors such as residential, and commercial.
Major Driver - Rising Demand For Energy-Efficient Buildings Fuels Insulating Glass Window Market Growth
Increasing demand for energy-efficient buildings is expected to propel the growth of the insulating glass window market over the coming years. Energy-efficient buildings reduce the amount of energy required for heating and cooling, regardless of the type of energy used or the equipment used to heat or cool the structure. Insulating glass windows are used in energy-efficient buildings to prevent heat from escaping or entering a home or office. For instance, according to EnergyStar, a government-backed labelling program run by the U.S. Environmental Protection Agency (EPA) and the U.S. Department of Energy that promotes energy efficiency, For instance, in April 2021, more than 6,000 buildings earned Environmental Protection Agency (EPA) ENERGY STAR certification, and 280,000 commercial properties used the Environmental Protection Agency (EPA) ENERGY STAR Portfolio Manager tool for measuring energy use, water use, and/or waste and materials. Therefore, the increasing demand for energy-efficient buildings is driving the growth of the insulating glass window market.
Competitive Landscape:
Major companies operating in the insulating glass window market include 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., Nippon Sheet Glass Co. Ltd., Shandong OYADE Sealant Industry Co. Ltd, Scheuten Glas Nederland B.V., Sika India Pvt. Ltd., 3M Company, Andersen Corporation, Jeld-Wen Holding Inc., Marvin Ltd., Masco Corporation, PGT Innovation Inc., Cornerstone Building Brands Inc., Deceuninck NV, VKR Holdings A/S, Pilkington Group Limited, Schott AG, Sisecam Group, Fuyao Glass Industry Group Co. Ltd., Xinyi Glass Holdings Limited, China Glass Holdings Limited, Taiwan Glass Industry Corporation, Euroglas GmbH, GSC Glass Ltd., Sedak GmbH & Co. KG, AGP Group, Oldcastle Inc., Viracon Inc., Trulite Glass & Aluminum Solutions LLC, Vitrum Industries Ltd.
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Top Trend - Strategic Partnerships Drive Innovation In The Insulating Glass Window Market
Strategic partnerships have emerged as a key trend in the insulating glass window market. Major companies operating in the insulating glass window sector are focused on partnerships and collaborations to strengthen their position. For instance, in October 2021, AGC Glass Europe, a Belgium-based insulated glass manufacturing company, and Masterframe Windows Limited, a UK-based window manufacturer formed a strategic partnership to bring vacuum insulating glazing FINEO to the UK market for PVC-U sash windows. Also, in September 2022, REHAU Window Solutions, a Switzerland-based manufacturer of uPVC window systems, and AGC Glass Europe, a Belgium-based glass manufacturing company providing range of super-insulating coated glass signed a partnership agreement to develop doors and windows with vacuum insulated glass.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Insulating Glass Window Market Characteristics
3. Insulating Glass Window Market Trends And Strategies
4. Insulating Glass Window Market - Macro Economic Scenario
5. Insulating Glass Window Market Size And Growth
…..
27. Insulating Glass Window Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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