openPR Logo
Press release

Double Glazing Glass Market Set to Reach US$37.8 Billion by 2031 Amid Rising Adoption in Smart and Sustainable Construction | TMR Insights

04-25-2025 11:51 AM CET | Chemicals & Materials

Press release from: Transparency Market Research

Double Glazing Glass

Double Glazing Glass

The global double glazing glass market, valued at US$23.6 billion in 2022, is poised for robust growth over the next decade. It is estimated to grow at a compound annual growth rate (CAGR) of 5.4% from 2023 to 2031, reaching US$37.8 billion by the end of 2031. This strong expansion reflects the increasing demand for energy-efficient building materials, driven by stringent environmental regulations, urbanization, and rising energy costs. As the construction industry prioritizes sustainability and thermal performance, the market is set to grow by over 60%, reinforcing double glazing glass's critical role in modern architecture through 2031.

Get Sample PDF Brochure from here: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=83714

Understanding the Double Glazing Glass Market

Double glazing glass consists of two glass panes separated by a sealed space filled with air or inert gas (e.g., argon), providing superior thermal insulation, soundproofing, and energy efficiency compared to single-pane windows. It is widely used in residential, commercial, and industrial buildings. The 2022 valuation of US$23.6 billion underscores its established significance, with the projected rise to US$37.8 billion by 2031 driven by its ability to reduce energy consumption by up to 30%, per industry studies. The 5.4% CAGR reflects a dynamic growth phase, fueled by advancements in low-emissivity (low-E) coatings and smart glazing technologies.

Key Drivers of Market Growth

Several factors are propelling the double glazing glass market toward its US$37.8 billion milestone by 2031. First, stringent energy efficiency regulations are a primary driver. The EU's Energy Performance of Buildings Directive and U.S. ENERGY STAR standards mandate low-energy buildings, boosting demand for double glazing. In 2022, over 60% of new buildings in Europe incorporated double glazing, per Eurostat, aligning with the 5.4% CAGR as retrofitting older structures accelerates.

Second, rapid urbanization and construction growth are boosting demand. Global construction spending is projected to reach US$15 trillion by 2030, per Oxford Economics, with Asia-Pacific leading in residential and commercial projects. Double glazing's soundproofing benefits, reducing noise by up to 40 decibels, make it ideal for urban settings, driving the market toward US$37.8 billion.

Third, rising energy costs and consumer awareness are accelerating adoption. With global energy prices surging 15-20% in 2022, per the International Energy Agency, double glazing's ability to lower heating and cooling costs by 20-25% appeals to homeowners and businesses. Innovations like Saint-Gobain's 2023 low-E coated double glazing, enhancing thermal performance, support the market's trajectory through 2031.

Top Companies:

Metro Performance Glass
CN Glass Limited
Adrian Welch Glass and Glazing
T & I Sealed Units Limited
Clayton Glass Ltd.
Shenzhen Sun Global Glass Co., Ltd.
TAMCO Gulf Ltd.
Weatherbeater Windows
Abbey & Burton Glass
VELUX Group
Glass & Glazing Systems Pvt. Ltd.
Stevenage Glass
Rene Tuck and Associates
Guni Glass
Harrogate Glass Solutions

Visit our report to discover essential insights and analysis - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=83714

Market Segmentation and Regional Insights

The market segments by type, application, and end-use. Insulated glass units (IGUs) dominate, holding over 70% share for their thermal efficiency, followed by laminated and tempered double glazing. Residential applications lead, comprising 45% of demand, followed by commercial and industrial buildings. End-uses include new construction and retrofitting, with retrofitting growing fastest due to energy retrofit programs.

Regionally, Europe held the largest share of the US$23.6 billion valuation in 2022, driven by Germany and the UK's green building initiatives, with the region projected to grow at a 5.2% CAGR. Asia-Pacific is expected to grow fastest, with China and India fueled by urbanization and government policies like India's Energy Conservation Building Code, reaching US$12 billion by 2030. North America grows steadily, with the U.S. benefiting from tax incentives for energy-efficient upgrades, valued at US$7 billion in 2023.

Challenges and Opportunities

The market faces challenges. High installation costs, 20-30% above single-pane windows, limit adoption in developing regions. Raw material price volatility, like glass and argon, with 10-15% annual fluctuations, impacts profitability. Competition from triple glazing in premium markets also poses risks. The 5.4% CAGR reflects a market navigating these hurdles with strong demand.

These challenges present opportunities. Developing cost-effective, recyclable glazing, like AGC's 2023 eco-friendly IGU, could broaden access, supporting the push to US$37.8 billion. Innovations in smart double glazing with electrochromic coatings for dynamic light control offer growth potential, while expanding into emerging markets like ASEAN could exceed projections. Partnerships with developers, such as Nippon Sheet Glass's 2022 retrofit contracts, could further drive demand.

The Road to 2031

By 2031, the global double glazing glass market is projected to reach US$37.8 billion, reflecting nine years of robust growth at a 5.4% CAGR from US$23.6 billion in 2022. This milestone is driven by energy efficiency, urbanization, and technological advancements. The market's trajectory suggests continued expansion, with advanced glazing redefining building standards.

In conclusion, the double glazing glass market demonstrates strong growth from 2023 to 2031. Rising from US$23.6 billion to US$37.8 billion, it addresses energy and environmental needs with innovative solutions. Stakeholders-from producers like Pilkington and Guardian Glass to builders-play a vital role, ensuring double glazing glass shapes sustainable architecture through 2031 and beyond.

Browse More Trending Research Reports:

Dental Gypsum Market- https://www.globenewswire.com/news-release/2024/03/14/2846441/32656/en/Dental-Gypsum-Market-Projected-to-Reach-USD-180-1-million-by-2031-Growing-at-a-CAGR-of-5-1-Transparency-Market-Research-Inc.html

Aerospace Composites Market- https://www.globenewswire.com/news-release/2024/02/27/2835814/32656/en/Aerospace-Composites-Market-Size-is-Anticipated-to-Reach-USD-40-5-billion-Rising-at-a-CAGR-of-9-7-by-2031-Transparency-Market-Research-Inc.html

About Transparency Market Research

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact Us:

Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Website: https://www.transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Double Glazing Glass Market Set to Reach US$37.8 Billion by 2031 Amid Rising Adoption in Smart and Sustainable Construction | TMR Insights here

News-ID: 3988011 • Views:

More Releases from Transparency Market Research

RF Antennas Market to Generate Over USD 6.4 Billion in Cumulative Revenue from 2024 to 2034
RF Antennas Market to Generate Over USD 6.4 Billion in Cumulative Revenue from 2 …
The RF (Radio Frequency) antennas market has experienced significant growth in recent years, fueled by rapid advancements in wireless communication technologies and the rising adoption of IoT-enabled devices. RF antennas play a vital role across diverse applications-including telecommunications, automotive, consumer electronics, healthcare, and defense-by enabling efficient transmission and reception of RF signals. These components are essential for ensuring seamless connectivity and reliable data transfer in an increasingly connected world. The global
Women Intimate Care Wipes Market Outlook 2031: Growth Accelerates at 6.7% CAGR with Focus on Natural Products - Analysis by TMR
Women Intimate Care Wipes Market Outlook 2031: Growth Accelerates at 6.7% CAGR w …
The global women intimate care wipes market is poised for robust growth, propelled by increasing awareness of personal hygiene, rising female workforce participation, and growing demand for convenient, natural, and dermatologist-approved products. According to recent industry analysis, the market was valued at US$ 1.7 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 6.7% from 2023 to 2031, reaching an estimated US$ 3.1
Multispace Parking Meter Market to Reach USD 1 Billion by 2031, Growing at a CAGR of 8.8% 2021-2031
Multispace Parking Meter Market to Reach USD 1 Billion by 2031, Growing at a CAG …
The multispace parking meter market is witnessing strong growth, fueled by rapid urbanization, rising vehicle ownership, and the increasing demand for efficient parking management solutions. These advanced meters allow multiple vehicles to park within a designated area using a unified payment system, offering greater convenience for users and improved operational efficiency for municipalities and parking operators. The Multispace Parking Meter Market is projected to reach approximately USD 1 billion by the
Handheld Digital Multimeter Market Set for Steady Growth, Projected to Hit USD 808.8 Million by 2031
Handheld Digital Multimeter Market Set for Steady Growth, Projected to Hit USD 8 …
The handheld digital multimeter (DMM) market is gaining momentum, driven by the growing need for portable and high-precision testing tools across multiple industries. These devices play a critical role in measuring electrical parameters such as voltage, current, and resistance, making them vital in fields like electronics, automotive diagnostics, energy systems, and industrial maintenance. Their ease of use, compact design, and evolving feature sets continue to boost adoption among both professionals

All 5 Releases


More Releases for Glass

Glass Easy-clean Glass Market 2019| Pilkington Glass, PPG Industries, Ravensby W …
The global market status for Easy-clean Glass is precisely examined through a smart research report added to the broad database managed by Market Research Hub (MRH). This study is titled “Global Easy-clean Glass Market” Research Report 2019, which tends to deliver in-depth knowledge associated to the Easy-clean Glass market for the present and forecasted period until 2025. Furthermore, the report examines the target market based on market size, revenue and
Insulated Glass Market Analysis: Top Companies Includes (Cardinal Glass Industri …
Insulated glass refers to two or more lites of glass sealed around the edges with an air space between, to form a single unit. Insulating glass is a very effective way to reduce air-to-heat transfer through the glazing. When used in conjunction with low-E and/or reflective coatings, IG units perform even better for conserving energy and complying with local codes. The most common configuration of IG units for commercial building is
Glass Market in Automotive Industry 2018 Leading Company Analysis: Central Glass …
Glass Market in Automotive Industry 2018 Research Report – Global Forecast to 2023, is latest research report on Global Automotive Glass industry published by Market Research Future. Report provides comprehensive information on Global Glass Market forecast, historic data, with business development strategies, upcoming opportunities, and regional outlook For Automotive Industry. Global Glass market is expected to grow at strategic CAGR by the end of year 2023. Glass Industry Key Players Analyzed
Flat Glass Market 2018 Global Key Players: Asahi Glass, Nippon Sheet Glass, Guar …
Market Research Future published a research report on “Flat Glass Market Research Report - Forecast To 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023. Market Highlights: Today, low cost production in the glass industry means saving energy, using resources more effectively, responding more flexibly to market requirements and binding less capital. This is getting harder as markets are growing closer and competition is getting fierce. However, there are
Global Tempered Glass Market Research Report 2017 - Asahi Glass, NSG Group, Sain …
This report studies Tempered Glass in Global market, especially in North America, Europe, China, Japan, Southeast Asia and India, focuses on top manufacturers in global market, with capacity, production, price, revenue and market share for each manufacturer, covering Asahi Glass NSG Group Saint-Gobain Guardian Industries Taiwan Glass Group Romag (UK) Dlubak Glass Virginia Mirror Fuso Press Glass Tyneside Safety Glass Fuyao Group CSG Holding Xinyi Glass Jin Jing Group KIBING Sanyuan Glass Blue Star Glass Xuban Glass North Glass Golden Glass Shuangling Market Segment by Regions, this report splits Global into several key
Global Ground Glass Market 2017- CSG, XINYI Glass, JINJING Glass, SYP Glass, Yao …
The market research report by QY Research provides detailed study on the overall Ground Glass market size, its financial positions, its unique selling points, key products, and key developments. This research report has segmented the Ground Glass market based on the segments covering all the domains in terms of type, country, region, forecasting revenues, and market share, along with analysis of latest trends in every sub-segment. CLICK HERE to Request Sample