Overview and Scope
Energy-efficient glass refers to glass that is treated with different metal oxides that incorporate low-emissivity coated glass to decrease excessive solar heat absorption. Energy-efficient glass lowers the building’s energy costs and carbon footprint in constriction.
Sizing and Forecast
The energy efficient glass market size has grown steadily in recent years. It will grow from $29.36 billion in 2023 to $30.82 billion in 2024 at a compound annual growth rate (CAGR) of 5.0%. The growth in the historic period can be attributed to energy conservation awareness, environmental regulations, rising energy costs, government incentives and policies, consumer demand for comfort.
The energy efficient glass market size is expected to see steady growth in the next few years. It will grow to $36.4 billion in 2028 at a compound annual growth rate (CAGR) of 4.2%. The growth in the forecast period can be attributed to rise in green building construction, demand for zero-energy buildings, stringent energy efficiency regulations, urbanization and construction boom, innovation in smart glass. Major trends in the forecast period include advancements in glass coating technology, dynamic glazing solutions, vacuum insulated glass, sustainable and recycled glass, nanotechnology in glass coatings.
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Segmentation & Regional Insights
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
North America was the largest region in the energy-efficient glass market in 2023. 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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Major Driver Impacting Market Growth
The rapid expansion of building and construction-related activities is expected to propel the growth of the energy-efficient glass market going forward. 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. For instance, in June 2023, according to the United States Census Bureau, a US-based primary agency of the Federal Statistics System, construction spending reached $566.7 billion in the initial four months of 2023, an increase of 6.1 % compared to $533.9 billion in the same period of 2022. Therefore, the rapid expansion of building and construction-related activities is driving the energy-efficient glass market.
Key Industry Players
Major companies operating in the energy efficient glass market report are 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.
The energy efficient glass market report table of contents includes:
- Executive Summary
- Market Characteristics
- Market Trends And Strategies
- Impact Of COVID-19
- Market Size And Growth
- Segmentation
- Regional And Country Analysis
………….
- Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions
- Future Outlook and Potential Analysis
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