The Insulating Glass Window Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Insulating Glass Window Global Market Report 2024, 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.
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.
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The insulating glass window market covered in this report is segmented –
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
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 insulating glass window market report table of contents includes:
1. Executive Summary
2. Market Characteristics
3. Market Trends And Strategies
4. Impact Of COVID-19
5. Market Size And Growth
6. Segmentation
7. Regional And Country Analysis
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27. Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
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