Energy-Efficient Glass Market Revenue Share Analysis, Growth Forecast, 2022–2028


Posted August 17, 2022 by reportsanddata1234

The global energy-efficient glass market size is expected to reach USD 42.24 billion in 2028 and register a steadily inclining revenue CAGR of 5.5% over the forecast period, according to a latest report by Reports and Data.

 
The global energy-efficient glass market size is expected to reach USD 42.24 billion in 2028 and register a steadily inclining revenue CAGR of 5.5% over the forecast period, according to a latest report by Reports and Data. Some key factors driving market revenue growth include rising popularity of green buildings worldwide, need to reduce carbon emissions, and rising concerns over global warming and steady transition towards green buildings. Energy-saving green technology and design helps buildings to function more efficiently and minimizes energy bills. In addition, increasing application of energy-efficient glasses in green buildings is a key factor expected to boost revenue growth of the market during the forecast period.

The need to meet standards of Leadership in Energy and Environmental Design (LEED), which is the most widely utilized green building rating system in the world, is projected to drive demand for energy-efficient glass. Several advantages associated with energy-efficient glass are improved thermal insulation, reduced noise pollution, improved energy efficiency, reduced condensation, and safety & security. This is resulting in increasing application of energy-efficient glass in the building & construction industry.

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Some Key Highlights From the Report

In June 2020, AGC Glass Europe announced the introduction of its brand new and innovative SunEwat product range. The new product range is expected to deliver an affordable energy-saving facade that does not compromise on performance, aesthetics, design, or quality. The company further reports that the product range can be adopted across facade windows, cladding, spandrels, and other applications. This glass solution was developed in collaboration with PHYSEE Technologies, Sonnenstromfabrik, SolTech, and Solar Visuals. The SunEwat glass complies with nearly zero-energy building requirements while offering facade designers aesthetic and limitless architectural options.
Soft coating segment is expected to account for largest revenue share in the global energy-efficient glass market over the forecast period owing to its superior properties over other glass materials. Furthermore, rising demand for soft-coated glasses from cold climate regions such as North America and Europe is expected to boost revenue growth of this segment during the forecast period.
Double glazing segment is expected to register significantly robust revenue growth over the forecast period. The solar control low-e double glazed solution that combines aesthetics, energy efficiency and eco-sensitivity is increasingly utilized in windows, skylights, glass lift walls, and facades.
Building & construction segment is expected to account for a considerably large revenue share in the global energy-efficient glass market owing to increasing construction activities, development of more advanced commercial and residential buildings, and rising focus on energy conservation.
The energy-efficient glass market in Europe is expected to account for largest revenue share over the forecast period. Companies are focusing on initiatives regarding the renovation of existing residential and commercial structures and replacing existing window glass with low-e glazing. This is to improve energy efficiency of buildings and minimize carbon footprint, which is contributing significantly to increasing utilization of energy-efficient glasses in the construction industry in the region.
Major players in the market include Saint-Gobain, AGC Inc., Nippon Sheet Glass, Schott AG, Sisecam Group, Vitro Architectural Glass, Morley Glass & Glazing, Kaphs S.A., Sedak GmbH & Co. Kg, and Guardian Industries.
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Coating Outlook (Revenue, USD Billion; 2018-2028)

Hard Coating
Soft Coating
Glazing Outlook (Revenue, USD Billion; 2018-2028)

Single Glazing
Double Glazing
Triple Glazing
Application Outlook (Revenue, USD Billion; 2018-2028)

Building & Construction
Automotive
Solar Panel
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Key Regional Markets Covered in the Report:

North America (U.S.A., Canada, Mexico)
Europe (Italy, U.K., Germany, France, Rest of Europe)
Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Significant Features that are under Offering and Key Highlights of the Reports:

– Detailed overview of the Energy-efficient Glass Market

– Changes in industry market dynamics

– Detailed market segmentation by type, application, etc.

– Historical, current and projected market size in terms of quantity and value

– Recent industry trends and developments

– Competition situation of Energy-efficient Glass Market

– Key companies and product strategies

– Potential niche segment/region showing promising growth.

Finally, the Energy-efficient Glass Market Report is the authoritative source for market research that can dramatically accelerate your business. The report shows economic conditions such as major locales, item values, profits, limits, generation, supply, requirements, market development rates, and numbers.

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Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behaviour shifts across demographics, across industries, and help clients to make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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Issued By Reports And Data
Country United States
Categories Business
Last Updated August 17, 2022