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Unlocking Opportunities in the Energy Efficient Glass Market: 2025-2034 Forecast Report
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.What Will the Energy Efficient Glass Industry Market Size Be by 2025?
In recent times, the market size for energy efficient glass has seen consistent growth. Predictions project it will increase from $30.29 billion in 2024 to $31.49 billion in 2025, encountering a compound annual growth rate (CAGR) of 4.0%. The expansion during the historic period can be tied to an increase in awareness about energy conservation, environmental regulations, escalating energy expenses, governmental incentives and policies, as well as the customer's demand for comfort.
What's the Long-Term Growth Forecast for the Energy Efficient Glass Market Size Through 2029?
The market for energy efficient glass is projected to consistently expand in the coming years, reaching a value of $37.41 billion in 2029 with a Compound Annual Growth Rate (CAGR) of 4.4%. This predicted growth during the forecast period can be linked to the increasing construction of green buildings, the demand for zero-energy buildings, strict energy efficiency regulations, urbanization and a construction boom, and innovation in smart glass. Key trends expected during this period involve developments in glass coating technology, dynamic glazing solutions, vacuum insulated glass, sustainable and recycled glass, and the application of nanotechnology in glass coatings.
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What Are the Key Growth Drivers Fueling the Energy Efficient Glass Market Expansion?
The energy-efficient glass market is predicted to surge due to the swift growth of building and construction activities. These activities encompass proposed or current installations, repairs, maintenance, or other similar tasks on land, including vehicle and crane movement, transportation of construction materials, and anchoring or stabilizing rocks. Energy-efficient glass shields the interiors of structures from damaging ultraviolet (UV) and infrared (IR) rays and offers superior thermal comfort in various weather conditions. As an example, in June 2023, the United States Census Bureau, a leading agency of the Federal Statistics System in the US, reported that construction expenditure hit $566.7 billion in the first four months of the year, a 6.1% rise from $533.9 billion during the equivalent period in 2022. Thus, the swift growth in building and construction activities is propelling the energy-efficient glass market forward.
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What Are the Key Trends Driving Energy Efficient Glass Market Growth?
The trend gaining momentum in the energy-efficient glass market is product innovation. Leading market participants focus on advancing their technology to increase their market share in the energy-efficient glass sector. For instance, in June 2023, YES WORLD Climate Tech Pte Ltd., a Singapore-based company specializing in blockchain-based climate technology, introduced an innovative, energy-efficient window solution for residential and commercial settings. This collection of unique glass, encompassing sandwich glass and double pane glass, incorporates a proprietary layer designed to reflect all solar radiation heat. This energy-efficient glass, a transparent window solution, successfully inhibits 85% of solar heat from infiltrating the building, thereby reducing energy consumption related to HVAC load. The glass not only gathers sunlight as a passive UV collector but also disperses thermal energy throughout the building. Additionally, it effectively manages reflection, emission, absorption, radiant heat gain, solar heat gain, and privacy.
How Is the Energy Efficient Glass Market Segmented?
The energy efficient glass market covered in this report is segmented -
1) By Type: Annealed Glass, Toughened Glass, Other Types
2) By Coating: Soft Coat, Hard Coat
3) By Glazing: Triple Glazing, Double Glazing, Single Glazing
4) By End-User Industry: Construction, Automotive, Solar Panels, Other End-Users
Subsegments:
1) By Annealed Glass: Low-E (Low Emissivity) Glass, Laminated Glass
2) By Toughened Glass: Heat-Strengthened Glass, Tempered Glass
3) By Other Types: Insulated Glass Units, Smart Glass, Coated Glass
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Which Companies Are Leading the Charge in Energy Efficient Glass Market Innovation?
Major companies operating in the energy efficient glass market include Saint-Gobain SA, PPG Industries Inc., AGC Inc., Corning Incorporated, DuPont de Nemours Inc, Nippon Sheet Glass Co. Ltd, Şişecam, 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, International Window Corporation, YKK AP America Inc., ViWinTech Windows & Doors Inc., Okna Windows, Vitro Architectural Glass, Croft LLC, Abrisa Technologies., NT Window Inc, Inline Fiberglass Ltd, Morley Glass & Glazing Ltd., Smartglass International Ltd., RavenWindow, Capitol Glass Company Inc.
Which Regions Are Leading the Global Energy Efficient Glass Market in Revenue?
North America was the largest region in the energy-efficient glass market in 2024. The regions covered in the energy efficient glass market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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