Energy Efficient Glass Market Size is Estimated to Grow USD 36.91 Billion by 2027

In the latest report from Emergen Research, the market research report discusses the global Energy Efficient Glass Market in depth, and each of the major market segments is examined in depth. In addition to market information, the report provides industry statistics, regional market revenue shares, gross profits, production & distribution costs, and product portfolios related to the global Energy Efficient Glass market share. There are also a number of factors influencing industry revenue growth identified in the report, including drivers, opportunities, trends, restraints, challenges, demand and supply ratios, production and consumption patterns, stringent regulatory frameworks, as well as a multitude of other micro- and macro-economic factors.
The global energy efficient glass market is projected to be worth USD 36.91 Billion by 2027, according to a current analysis by Emergen Research. The energy efficient glass market observes high demand attributed to the increasing demand for reduced energy consumption in buildings. Energy efficient glass is found to decrease the overall energy consumption in buildings by about 8.0% to 10.0% and thereby offer savings on operational costs.
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The increase in global solar capacity is a significant factor in driving the market growth. The installation cost of solar panels in the US has plunged by over 70.0% in the last ten years, resulting in the industry’s expansion and the installation of numerous systems across the country. The demand for energy efficient glass in the solar cells is owing to the offering of benefits such as reduced glass emissivity due to low e-coating and reduced U-factor. This causes low solar heat gain coefficient values that offer optimum visible light transmittance resulting in diminished lighting loads and energy saving.
Competitive Terrain:
The global Energy Efficient Glass industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.
Leading Market Players Profiled in the Report:
- Nippon Sheet Glass
- Kaphs SA
- Sisecam Group
- Saint-Gobain
- Vitro Architectural Glasses
- AGC, Metro Performance Glass
- Schott AG
- Morley Glass & Glazing
- Guardian
- among others.
Some Key Highlights from the Report
- In May 2019, Nippon Sheet Glass made an announcement about the signing of an agreement by its subsidiary with Ubiquitous Energy, a firm involved in transparent solar technology. The partnership intends to develop, produce, and integrate ClearView Power™ technology of Ubiquitous Energy into architectural window glass to generate solar power for buildings.
- The major benefits of hard coated energy efficient glass are durability and can be used in single glazing without losing the coating.
- Double glazing finds widespread usage in insulation. A lesser amount of energy is consumed during heating or cooling a space installed with double glazed windows leading to cost-saving in energy bills.
- In the automotive industry, energy efficient glasses find application in windshield and windows. The use of these glasses in the automotive provides a robust heat loss barrier and maintains the vehicle’s optimal temperature, causing less usage of in-vehicle air conditioning.
- The market in the Asia Pacific region is projected to grow at the fastest rate in the period 2020-2027 owing to a growth in the construction activities of residential and commercial buildings and a rise in the level of disposable income.
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Regional Landscape section of the Energy Efficient Glass report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.
The various regions analyzed in the report include:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Market Scope: The report explains the scope of various commercial possibilities in the global Energy Efficient Glass market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.
Emergen Research has segmented the global energy efficient glass market on the basis of coating type, glazing type, application, and region:
Coating Type Outlook (Revenue, USD Billion; 2017-2027)
- Soft Coat
- Hard Coat
Glazing Type Outlook (Revenue, USD Billion; 2017-2027)
- Single Glazing
- Double Glazing
- Triple Glazing
Application Outlook (Revenue, USD Billion; 2017-2027)
- Building & Construction
- Automotive
- Solar Panels
- Others
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Key reasons to buy the Global Energy Efficient Glass Market report:
- The latest report comprehensively studies the global Energy Efficient Glass market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
- The report offers an insightful analysis of the regional outlook of the market.
- It offers a detailed account of the end-use applications of the products & services offered by this industry.
- The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
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