Global Energy Efficient Glass Market Report 2024: Size, Drivers, And Top Segments
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The energy-efficient glass market has exhibited steady growth, rising from $29.36 billion in 2023 to $30.82 billion in 2024, reflecting a CAGR of 5.0%. This progression is propelled by escalating awareness regarding energy conservation, stringent environmental regulations, rising energy expenditures, and governmental incentives. Looking forward, the market is expected to maintain its stable growth trajectory, estimating a value of $36.4 billion by 2028, with a CAGR of 4.2%. Factors fueling this growth include the surge in green construction activities, the demand for zero-energy buildings, strict energy efficiency directives, and innovations in smart glass technologies. Noteworthy trends include advancements in glass coatings, dynamic glazing solutions, and the development of sustainable glass materials, catering to the evolving demands of energy-efficient construction and infrastructure projects.
The energy-efficient glass market is experiencing rapid growth propelled by booming construction activities worldwide. In the US alone, construction spending reached $566.7 billion in the first four months of 2023, emphasizing the growing demand for energy-efficient building materials. Energy-efficient glass offers enhanced thermal comfort and protection from UV and IR radiation, making it a preferred choice in modern construction projects. This surge in construction is driving the energy-efficient glass market, catering to the escalating demand for sustainable building solutions.
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What Are The Key Trends That Influence Energy Efficient Glass Market Share Analysis?
Product innovations are shaping the energy-efficient glass market, as major players concentrate on innovative technologies to expand their market share. For instance, in June 2023, YES WORLD Climate Tech Pte Ltd., a Singapore-based company, launched an energy-efficient window solution for homes and businesses. This specialty glass range includes sandwich glass and double pane glass with a proprietary reflective layer that blocks all solar radiation heat. It reduces solar heat gain by 85%, lowering HVAC energy consumption. The glass acts as a passive UV collector, harnessing sunlight to distribute thermal energy indoors while effectively managing reflection, emission, absorption, and radiant heat gain.
Which Market Players Are Driving Growth In The Energy Efficient Glass Market?
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.
How Is The Global Energy Efficient Glass Market Segmented?
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
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The Energy Efficient Glass Global Market Report 2024 provides an overview of the energy efficient glassmarket for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The energy efficient glass market forecast analyzes energy efficient glass market size, energy efficient glass market share, leading competitor and their market positions.
The Table Of Content For The Energy Efficient Glass Market Include
1. Energy Efficient Glass Market Executive Summary
2. Energy Efficient Glass Market Segments
3. Energy Efficient Glass Market Size And Template Market Growth Rate
4. Key Energy Efficient Glass Market Trends
5. Major Energy Efficient Glass Market Drivers
……
25. Key Mergers And Acquisitions In The Energy Efficient Glass Market
26. Top Energy Efficient Glass Companies
27. Energy Efficient Glass Market Opportunities And Strategies
28. Energy Efficient Glass Market, Conclusions And Recommendations
29. Appendix
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