About Green Glass
Green Glass is an eco-friendly material used in the construction & designing of green buildings. It can be used to enhance the aesthetics of a structure, improve its design, improve thermal performance and even create a comfortable environment for the occupants. The amount of recycled material in the production of green glass is 90%. The introduction of “Green Buildings” has raised demand for green glass that improves the power efficiency of buildings and maintains the internal temperature.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Competition among existing players is due to the Green Glass market share occupied by leading players. The industry leader is engaged in offering innovative and superior quality products to cater to the ever-growing demand for Green Glass Market. The companies are implementing strategic activities such as acquisitions and mergers along with collaboration with companies in other industries to aid them in improving sustenance and maintaining their competitive advantage. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Green Glass market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
AGC (Belgium), SAINT-GOBAIN (France), Koch Industries (United States), Vitro Architectural Glass (United States), Nippon Sheet Glass Co., Ltd (Japan), Taiwan Glass (Taiwan), Verallia Group (France), Fuyao Glass Industry Group (China), Asahi India Glass Limited (India) and Central Glass Ltd. (United Kingdom) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Green Glass market by Type (Ecosense, Opal, Sunshield and Supersilver), Application (Windows & Balconies, Staircase & Railings, Facades, Roof and Skylight) and Region.
On the basis of application, Windows & Balconies segment is dominating the market in the year 2023On the basis of geography, the market of Green Glass has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Coating, the sub-segment i.e. Laminated will boost the Green Glass market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Shades, the sub-segment i.e. Emerald will boost the Green Glass market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers:
Increasing Global Commitments to “Green Buildings” Is Fueling Demand and Increasing Renovation of Existing Buildings
Challenges:
High Cost of Manufacturing
Restraints:
Lack of Public Awareness Regarding Green Glass and its Benefits
Opportunities:
Environmental Regulations Promoting “Green Building” Construction
Market Leaders and their expansionary development strategies
In April 2022, Borosil Renewables Ltd, announced that its board has approved buying of 100 percent stake in Interfloat Group, Europe’s largest manufacturer of solar glass. The company consists of GMB Glasmanufaktur Brandenburg GmbH (GMB), located in Tschernitz, Germany, and Interfloat Corporation, based in Ruggell, Liechtenstein.
In September 2022, AGC Glass Europe is constantly working to reduce the environmental impact of its production processes to ensure a sustainable future. Under its Roadmap to Carbon Neutrality, the Group has now announced that by the end of 2022 it will produce a float glass range featuring a significantly reduced carbon footprint of less than 7 kg of CO2 per m2 for clear glass (4 mm thick).
Key Target Audience
Green Glass Manufacturer, Green Glass Traders/Distributors/Suppliers, Green Glass Raw Material Supplier, Green Glass End-Users, Investors, Green Glass Importer/Exporter, Government Bodies & Associations, Research Institutes and Academic Centers, Market Research and Consulting and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.