The global energy
efficient glass market is forecast to reach USD 36.15 Billion by 2026,
according to a new report by Reports and Data. Energy efficient glass is the
term used to describe coatings which are used on doors and windows to prevent
heat escaping. This makes the doors or windows thermally insulated hence
improving the energy efficiency of homes or buildings. Energy efficient glasses
reduce energy consumption which regulates the room temperature. Energy
efficient glasses find application in various industries such as building and
construction, automotive, and solar panel, among others. The changing trends in
the construction industry to use glasses such as shatterproof glass and
laminated glass are driving the market growth further.
The above-mentioned factors
collectively create opportunities for the market growth while factors such as
difficulties in finding the raw materials and recycling issues pose limitations
in the market. However, each factor would have a definite impact on the market
during the forecast period. These glasses have a big market in the emerging
economies of India and China.
The smart city initiatives and
the green revolution in the Asia Pacific region will have a significant impact
on the market in the forecast period. Most of the developing countries are
looking at these two countries as the global market. These countries consist of
over 40% population across the globe and application of energy efficient glass
in this region will grow at a very high rate due to the growing building and
construction industry.
To identify the key trends in
the industry, click on the link below:
Further key findings from
the report suggest
- The hard coated energy efficient glass market is
estimated to register a higher CAGR of 5.6% during the forecast period.
The high growth in this segment is due to its low emission, durability,
and easy availability for installation.
- The triple glazing energy efficient glass market is
forecasted to grow at the highest CAGR of 6.3%. This is due to the
building contractors shift to triple glazing energy efficient glass from
double glazing energy efficient glass, due to its excellent low emission
properties.
- The market in the building & construction end-use
industry is projected to register the highest CAGR of 5.5% during the
forecast period. This high growth is attributed to the growing
construction activities in emerging countries of APAC due to the growing
population as well as increasing urbanization.
- The Asia Pacific region is forecasted to grow with
the highest CAGR of 5.4% during the forecast period. Countries like India,
China and Japan are rapidly catching up with the growth in energy efficient
glass market. Glass production and application have shifted from North
America to Asia.
- Key participants Saint-Gobain, AGC, SCHOTTAG, Sisecam
Group, Guardian, Vitro Architectural Glass, Morley Glass & Glazing,
Kaphs S.A., Sedak GmbH & Co. Kg, and Nippon Sheet Glass, among others.
For the purpose of this report,
Reports and Data have segmented into the global Energy Efficient Glass market
on the basis of coating, glazing, application, and region:
Coating Outlook (Volume, Kilo
Tons; Revenue, USD Billion; 2016-2026)
- Hard Coating
- Soft Coating
Glazing Outlook (Volume, Kilo
Tons; Revenue, USD Billion; 2016-2026)
- Single Glazing
- Double Glazing
- Triple Glazing
Applications Outlook (Volume,
Kilo Tons; Revenue, USD Billion; 2016-2026)
- Building & Construction
- Automotive
- Solar Panel
Regional Outlook (Volume, Kilo
Tons; Revenue, USD Billion; 2016-2026)
- North America
- U.S.
- Europe
- UK
- France
- Asia Pacific
- China
- India
- Japan
- MEA
- Latin America
- Brazil
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