Global Energy Efficient Glass
Market Report
2024
Energy Efficient Glass market was valued at USD 30.73 billion in 2022 and is projected to reach USD 45.06 billion by 2030, registering a CAGR of 4.9% for the forecast period 2023- 2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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The global Energy Efficient Glass market was valued at USD 30.73 billion in 2022 and is projected to reach USD 45.06 billion by 2030, registering a CAGR of 4.9% for the forecast period 2023- 2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Energy Efficient Glass Market Sales Revenue 2022 | $ 30.73 Billion |
Global Energy Efficient Glass Market Sales Revenue 2030 | $ 45.06 Billion |
Global Energy Efficient Glass Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 4.9% |
Market Split by Coating |
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Market Split by End User |
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Market Split by Glazing |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Energy Efficient Glass Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Energy-efficient glass also referred to as low-emissivity (Low-E) glass, is a specialized kind of glass made to reduce heat transmission through windows while allowing natural light to enter buildings. It is designed to enhance the thermal performance of buildings overall, decrease heat gain or loss, and increase energy efficiency. An essential component of sustainable design is energy efficiency. The majestic, breathtaking buildings of modern architecture employ a lot of glass to let in tonnes of natural light. 80% of the heat from the outside may enter a room through the regular glass. This may be a drawback for commercial buildings with façades comprised of numerous glass panes since it puts a lot of strain on cooling and heating systems. Various metal oxides are applied to energy-efficient glass panes to prevent excessive solar heat absorption. Instead of allowing heat from radiators or fires to escape through the windows, energy-saving glass solutions utilize a sophisticated metallic coating.
The construction industry has been undergoing substantial growth in recent years, driven by various factors such as population growth, urbanization, infrastructure development, and economic expansion. The United States Census Bureau reports that the amount spent on construction in March 2023 was anticipated to be $1,834.7 billion on a seasonally adjusted annual rate, which is 0.3 percent (0.5 percent) more than the previously corrected February estimate of $1,829.6 billion.
Energy-efficient glass, also known as low-emissivity (Low-E) glass, is designed to minimize the amount of heat transmission via windows while allowing natural light to enter buildings. This technology aids in increasing a building's overall comfort and sustainability while also enhancing energy efficiency and lowering carbon emissions. Construction activity has increased as a result of emerging nations' rapid urbanization and infrastructural development. There is a growing need for energy-efficient solutions, including energy-efficient glass, as more buildings are built. To achieve sustainability goals and draw in environmentally aware renters or buyers, developers are increasingly using energy-efficient glass in their buildings.
The high price of energy-efficient glass can pose a challenge to the growth of the energy-efficient glass market. The initial cost of energy-efficient glass is generally higher compared to conventional glass options. Advanced manufacturing techniques are used to create energy-efficient glass, such as the application of low-emissivity (low-e) coatings or numerous layers of glass filled with insulating gas. These procedures need specialized tools and technological advancements, which raise the price of producing energy-efficient glass. Due to the price concern buying behavior of customers can be changed, which can affect the market growth.
The COVID-19 pandemic had a negative impact on the global energy-efficient glass market. The energy-efficient glass has applications in Automotive, Solar panels, Building & Construction, and Others. These industries faced challenges due to the global pandemic. For instance, the COVID-19 pandemic has had a significant impact on the construction sector, which is sensitive to economic cycles. In March and April of 2020 construction industry declined to -25.9% in Europe. Thus, due to the negative impact on application industries, the market also faced challenges in the production and demand of energy-efficient glass market.
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YES WORLD Climate Tech Pte Ltd, a Singapore-based company, launched the world’s first energy-efficient Windows Solution for home and commercial buildings. This new product line of specialized glass is part of the company SAVE EARTH MISSION to reduce the carbon footprint from the atmosphere.
Indian solar glass manufacturer Borosil Renewables has acquired an 86% stake in Interfloat Group expanding its customer base in Europe. With the acquisition of its European peer, the Indian manufacturer increases its solar glass output by 66% to 750 tonnes per day (TPD), which will increase to 1,300 TPD in Q4 2022 with the commissioning of a new furnace of 550 TPD in India.
Top Companies Market Share in Energy Efficient Glass Industry: (In no particular order of Rank)
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North America is dominating the global energy-efficient glass market accounting for 40.31% market share in 2022. This growth is attributed to the growing adoption of energy-efficient glass in the construction sector, increasing demand for environment-friendly solutions, rising energy prices, and others. As the demand for more sustainable building options increases, green construction has become increasingly profitable and desirable within the global construction market. For instance, according to Commission for Environmental Cooperation, the United States Green Building Council estimates that green building, on average, currently reduces energy use by 30 percent, carbon emissions by 35 percent, water use by 30 to 50 percent, and generates waste cost savings of 50 to 90 percent. On the other hand, APAC region is estimated as the second largest contributor in the market, owing to the growing investment in industrialization and initiatives taken by various governments for environment-friendly solutions.
The current report Scope analyzes Energy Efficient Glass Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Energy Efficient Glass Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Energy Efficient Glass Industry growth. Energy Efficient Glass market has been segmented with the help of its Coating, End User Glazing, and others. Energy Efficient Glass market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Based on present and future trends, the market size is estimated from 2019 to 2031. Moreover, study also provides quantitative and qualitative analysis of each type to understand the driving factors for the fastest growing type segment for Energy Efficient Glass market.
Coating of Energy Efficient Glass analyzed in this report are as follows:
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The building & Construction segment dominates the global energy-efficient glass market and accounts for 37.84% market share in 2022.
The construction industry has been undergoing substantial growth in recent years, driven by various factors such as population growth, urbanization, infrastructure development, and economic expansion. In terms of market revenue, the building and construction sector continued to dominate in 2022. One of the key drivers propelling the building and construction segment's revenue growth is the increased demand for green building solutions. To promote the use of energy-efficient technology, several nations have put in place environmental laws and incentives. These can include financial aid in the form of grants, subsidies, or tax breaks that assist defray the cost of installing energy-efficient glass. For building developers and owners, these incentives can increase the financial viability of energy-efficient glass.
The above Graph is for representation purposes only. This chart does not depict actual Market share.
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Senior Research Analyst at Cognitive Market Research
Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modeling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights.
Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modelling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights. Experience in analyzing current trends, market demand, market assessment, growth indicators, competitors' strategy, etc. to help top management & investors to make strategic and tactical decisions in the form of market reports and presentations. Successfully delivered more than 500+ client & consulting assignments across verticals. Ability to work independently as well as with a team with confidence and ease.
I am committed to continuous learning and staying at the forefront of emerging trends in research and analytics. Regularly engaging in professional development opportunities, including workshops and conferences, keeps my skill set sharp and up-to-date. I spearheaded research initiatives focused on market trends and competitive landscapes. I have a proven track record of conducting thorough analyses, distilling key insights, and presenting findings in a way that resonates with diverse stakeholders. Through collaboration with cross-functional teams, I played a pivotal role in shaping business strategies rooted in robust research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product positioning and will assist you to understand opportunities and threats around the globe.
The Global Energy Efficient Glass Market is witnessing significant growth in the near future.
In 2023, the Soft Coat segment accounted for noticeable share of global Energy Efficient Glass Market and is projected to experience significant growth in the near future.
The Automotive segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Vitro , Nippon Sheet Glass and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Coating | Soft Coat, Hard Coat |
End User | Automotive, Solar Panel, Building & Construction, Others |
Glazing | Double Glazing, Single Glazing, Triple Glazing |
List of Competitors | Vitro, Architectural Glasses, Nippon Sheet Glass, Saint-Gobain, Kaphs SA, Sisecam Group, AGC, Metro Performance Glass, Schott AG, Morley Glass & Glazing, Guardian |
This chapter will help you gain GLOBAL Market Analysis of Energy Efficient Glass. Further deep in this chapter, you will be able to review Global Energy Efficient Glass Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Coating Analysis 2019 -2031, will provide market size split by Coating. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Coating Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by End User Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by Glazing Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Energy Efficient Glass market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Soft Coat have a significant impact on Energy Efficient Glass market? |
What are the key factors affecting the Soft Coat and Hard Coat of Energy Efficient Glass Market? |
What is the CAGR/Growth Rate of Automotive during the forecast period? |
By type, which segment accounted for largest share of the global Energy Efficient Glass Market? |
Which region is expected to dominate the global Energy Efficient Glass Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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