Post Time:Jul 14,2021Classify:Industry NewsView:1127
The global insulating glass window market size is expected to reach USD 17.99 Billion in 2028 and register a steady CAGR over the forecast period, according to latest analysis by Emergen Research.
The study finds that how on certain account threats and challenges can act as a roadblock for the business. A thorough evaluation of the Insulating Glass Window market in the light of macro-environment such as social, political, economical as well as technological environment add granularity to the overall research. In addition, the study produces real-time data on vital aspects including sales, profits, gross margin and growth prospects to show how going forward the business will witness a substantial upswing.
Some Key Highlights From the Report
In October 2020, Guardian Glass industries and Eastman entered into a new partnership to meet the growing demand for high-quality color neutral glass products for the premium segment of the commercial and residential building market. These glass products provide improved safety and sound insulation.
Silicone segment accounted for largest revenue share in 2020. Rising need to prevent any leakage of air which is present between the glass panes is driving demand for silicon sealant.
Non-metal spacers segment revenue is expected to expand at a rapid CAGR during the forecast period. The improved thermal and sound insulation provided by non-metal spacers is increasing demand from residential and commercial buildings.
Residential segment accounted for a significantly high revenue share in the insulating glass window market in 2020. Insulating glass windows with low-e coatings are increasingly being deployed in the residential sector, and also being retrofitted during renovation of existing residential homes and buildings in order to reduce energy consumption and minimize energy bills.
North America accounted for largest revenue share contribution to the global insulating glass window market in 2020. Increasing construction of energy-efficient commercial and residential buildings in order to meet national energy and environmental challenges is driving demand for insulating glass windows in countries in the region.
Key players in the market include AGC Inc., Central Glass Co., Ltd., Compagnie de Saint-Gobain S.A., Dymax Corporation, Glaston corporation, Guardian Industries, H.B. Fuller Company, Henkel AG & Co. KGaA, Internorm International GmbH, and Nippon Sheet Glass Co., Ltd.
Regional scope: – North America; Europe; Asia Pacific; Central & South America; MEA
Sealant Type Outlook (Revenue, USD Billion; 2018-2028)
Polysulfide
Hot-melt Butyl
Polyurethane
Silicone
Others
Spacer Type Outlook (Revenue, USD Billion; 2018-2028)
Galvanized Steel
Intercept
Aluminum Box
4SG Thermoplastic
Stainless Steel Box
Non-metal Spacers
End-use Outlook (Revenue, USD Billion; 2018-2028)
Commercial
Residential
Source: https://www.marketwatch.com/Author: shangyi
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