Global Insulated Glass Market is predicted to grow significantly in the forecast period owing to the increasing awareness. Insulated Glass (IG unit) is also known as double glazing glass. It is the mixture of two or more glass panes with an air space between or vacuum to reduce the transfer of heat and form a single unit. They are widely used in commercial and residential construction because they offer better thermal and sound insulation.
Insulated
glass market is growing due to the factors like rise in disposable income of
consumers, rapid industrialization and urbanization and improving economic
conditions of the developing economies like China and India. Moreover, growing
focus on environment-friendly solutions is also expected to boost the insulated
glass industry in the years to come. However, factors like the current
market scenario and economic conditions are obstructing the glass industry.
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Insulating
glass market is categorized on the basis of application and geography. On the
basis of application, the market is divided into residential, non-residential,
and industrial. The non-residential segment is expected to dominate insulated
glass industry owing to the extensive use of insulated glass. This is
attributed to the factors like ability to reduce load on air-conditioning
systems, noise pollution, ability to control temperature, and achieving
sustainability.
Geographically,
insulated glass market is segmented as North America, Latin America, South
America, Europe, Asia Pacific, and RoW. Owing to the increasing number of
commercial and residential buildings in emerging economies and changing
climatic conditions, Asia Pacific is predicted to lead insulating glass
industry in future. The developing countries like India and China are the major
consumers of Insulated Glass in this region.
The
major players in insulated glass industry include AGC Glass Company, Cardinal
Glass Industries, Bent Glass Design, Nippon Sheet Glass, Saint-Gobain, Guardian
Glass, Viracon, Decor Glass Specialties, Oldcastle Building Envelope, PRL Glass
System, Dlubak Specialty Glass, Major Industries, GSC GLASS, Gray Glass, IJ
Research, Kochhar Glass, Insulite Glass, NGG, Thermoseal, and Gino's Glass
Factory.
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Application Outlook (Volume, Million
Square Meters; Revenue, USD Million, 2014 - 2025)
• Non-residential construction
• Residential construction
• Industrial
• Others
• North America
• U.S.
• Europe
• UK
• Germany
• France
• Asia Pacific
• China
• Japan
• Central & South America
• Brazil
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