Insulated Glass Market Analysis By Regions (North America,
Europe, Asia-Pacific, Latin America and Africa), Product, Size, Share, Trends,
Growth Factors, Revenue By Application And Segment Forecasts To 2027.
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.
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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.
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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