Industry Background:
Insulating Glass is also known as double glazing or double-pane. It is refer as a glass which consists of two or more glass window panes that is separated by a vacuum or gas-filled space for reducing the heat transfer. Insulated glass units are basically used in windows to save the electricity for cooling or heating the houses or the commercial buildings. The market if insulating glass is increasing due to factors like growing construction industry and rising demand for the glass products. While some of the factors like stringent regulation and lack of awareness regarding the insulation of glass, it is hindering the market.
According to AMA Research, the market for Insulating Glass is expected to register a CAGR of 6.3% during the forecast period to 2030. This growth is primarily driven by Growth in the Construction Industry
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Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Volume Unit | N |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Construction & Engineering sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Manufacturers, such as Saint-Gobain (France), Nippon Sheet Glass Co. ltd (Japan), Vitro Architectural Glass (United States), Strathclyde insulating glass ltd (United Kingdom), ECO insulation glass Inc. (Canada), JE Berkowitz (United States), Ittihad insulation glass company (Jordan), Bystronic glass (Germany), Guardian Industries (United States) and CARDINAL (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In October 2021, AGC Glass Europe, a Belgium-based 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.
In February 2024, Kolbe Windows & Doors announced their partnership with LuxWall, Inc. to offer vacuum insulating glass (VIG) as a new, high-efficiency glass option for designers, builders, and homeowners.Key players are adopting numerous strategies to gain market attention and to increase their market share, this strategy can be listed as increasing product portfolio, making partnerships to adopt certain technologies, and acquiring small players to finish the competition in the future. As well as investing money in the R&D sector to make technical upgrades to the product.
Influencing Trend:
Advancement in Technology Related to Glass Manufacturing
Market Growth Drivers:
Growth in the Construction Industry and Rising Demand for Value-Added Glass Products
Challenges:
Use of Energy-Efficient Manufacturing Techniques and Difficulty in Recycling Glass Wool
Restraints:
Regulations Related to Carbon Dioxide Emissions and Lack of Awareness About Insulation Products
Opportunities:
Demand for Green Buildings, Increasing Energy Costs and Stringent Government Regulations
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Manufacturers landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Insulating Glass Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Insulating Glass Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols: By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Insulating Glass players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Insulating Glass Study Sheds Light on
The Insulating Glass Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Insulating Glass industry Manufacturers. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Insulating Glass industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Manufacturers can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.