Global Insulated Glass Market – Industry Trends and Forecast to 2029

Global Insulated Glass Market, By Type (Heated Insulating Glass, Tempering Insulating Glass, Custom Insulated Glass and Other), End-User (Residential Buildings, Commercial and Institutional Buildings and Industries Users), Application (Door Partitions, Furniture and Curtain Walls, Kitchen Appliances and Cabinets, Railings and Bolted Structure, Floors and Ceilings and Automotive Glasses) – Industry Trends and Forecast to 2029.

Insulated Glass Market Analysis and Size

Insulated glass protects from UV rays, provide natural insulation, minimizes carbon emissions, and enhances the aesthetic appeal of structures.  The major application of the insulated glass market comprises housing and civil, commercial, and industrial construction structures. The high demand for insulated glass in the construction and building sector because of its various advantages such as temperature control, reduced reflection and sun protection provides plenty of growth prospects for the growth of the insulated glass market. 

Data Bridge Market Research analyses that the insulated glass market is expected to undergo a CAGR of 7.75% during the forecast period. This indicates that the market value, which was USD 12.10  billion in 2021, would rocket up to USD 21.98 billion by 2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Insulated Glass Market Scope and Segmentation

Market Definition

Insulated glass contains two or more glass window panes separated by a space to diminish heat transfer through a part of the building envelope. A window with insulated glass is generally known as a double-paned window or a double-glazing, triple-paned window or a triple-glazing, or quadruple-paned window or quadruple glazing, depending on how many panes of glass are used in its construction.

Global Insulated Glass Market Dynamics

Drivers

• Increasing adoption of insulated glass in multiple industries

Insulated glass is emerging as the fastest growing and the most popular glass due to its properties such as protection from UV rays, and natural insulation. The growing adoption of insulated glass due to numerous properties in several industries such as commercial and residential buildings, the automotive sector and many others is the major factor expected to boost the demand of the insulated glass and drive the market growth.

• Surging demand for green building construction

Apart from the conventional use of insulated glasses in the construction industry, the demand for green building construction drives the market size expansion. For instance, properties such as temperature control, reduced reflection and sun protection, and changes in consumer preference for sustainable construction are some major factors contributing to production and glass sales growth.

• High usage of insulated glass in non-residential applications

Increasing demand for insulated glass in non-residential applications is anticipated to drive the market's growth rate.  The increasing construction activities of green buildings and several government rules related to increased awareness towards the energy saving, improved safety features are some major factor that increases the market growth of the construction glass market.

Opportunities

• Increasing Government Initiatives for energy-efficient buildings

There is a rising demand for energy-efficient solutions due to the need for energy. However, the installation of energy-efficient solutions is costly. Thus, the government has taken numerous initiatives to increase the adoption of energy-efficient solutions. Depending on the operating areas, authorized government authorities have started to give tax incentives, loans and rebates for certified products. This boosts the purchase of qualified windows by consumers. For instance, the Environmental Defense of Canada started an incentive of USD 500 per window up to USD 5000 to consumers, installing completely new windows with the Energy Star symbol. Furthermore, such initiatives are expected to create lucrative growth opportunities for the insulated glass window market during the forecast period.

Restraints/Challenges

• High cost associated with raw material

However, high cost of raw material of insulated glass and high manufacturing cost of the product are expected to act as major restraints and obstruct the overall growth of the insulated glass market during the forecast period. 

This insulated glass market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the insulated glass market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

COVID-19 Impact on Insulated Glass Market

The outbreak of coronavirus had a negative impact on the insulated glass market. As a result of this pandemic, the government has imposed stringent regulation throughout the globe which has affected the growth of the insulated glass market. The primary users of insulated glass, such as construction industries, have also shut down their manufacturing facilities, resulting in a global decline in glass demand. Also, the majority of raw materials providers in this market had to close down their operations and the major suppliers turned their priority to providing pandemic relief.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Global Insulated glass Market Scope

The insulated glass market is segmented on the basis of type, end user and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

• Heated Insulating Glass
• Tempering Insulating Glass
• Custom Insulated Glass
• Other

End-User

• Residential Buildings
• Commercial and Institutional Buildings
• Industries Users

Application

• Door Partitions
• Furniture and Curtain Walls
• Kitchen Appliances and Cabinets
• Railings and Bolted Structure
• Floors and Ceilings
• Automotive Glasses

 Insulated Glass Market Regional Analysis/Insights

The insulated glass market is analysed and market size insights and trends are provided by country, type, end user and application as referenced above.

The countries covered in the insulated glass market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Asia-Pacific dominates the insulated glass market due to high share and increasing residential and non-residential construction activities in this region.

North America will continue to project the highest compound annual growth rate during the forecast period of 2022-2029 due to the home improvement and construction activities and exponential rise in its population in this region.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Insulated Glass Market Share Analysis

The insulated glass market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to insulated glass market.

Some of the major players operating in the insulated glass market are:

• Nippon Sheet Glass Co., Ltd., (Japan)
• Saint-Gobain (France)
• Sisecam (Turkey)
• SCHOTT AG (Germany)
• Taiwan Glass Ind. Corp. (Taiwan)
• Xinyi Glass Holdings Limited. (China)
• AGC Inc., (Japan)
• Central Glass Co. Ltd., (Japan)
• Cardinal Glass Industries, Inc. (U.S.)
• CEVITAL (Algeria)
• China Glass Holdings Limited (China)
• GUARDIAN INDUSTRIES (U.S.)
• Fuyao Glass Industry Group Co., Ltd., (China)
• Saint-Gobain (France)
• Beijing Northglass Technologies Co. Ltd., (China)
• arcon Flach- und Sicherheitsglas GmbH & Co. KG (Germany)
• Dellner Romag Ltd., (U.K.)
• Qingdao Tsing Glass Co. Limited (China)
• Guangzhou Topo Glass Co., Ltd., (China)