Market Size – USD 2.77 Billion in 2021, Market Growth - CAGR of 6.8%, Market Trends –the increasing demand from electronics industry is widening the scope for Insulating Glass Window Market.
According to the current analysis of Introspective Market Research, the global Insulating Glass Window Market was valued at USD 2.77 Billion in 2021 and is expected to reach USD 4.39 Billion by the year 2028, at a CAGR of 6.8%.
A couplings unit, incorporating liters of glass, which are sealed at the edges and separated by dehydrated space(s), is considered for vision areas of buildings. The unit is normally utilized for windows, picture windows, window walls, sliding doors, patio doors, or other types of fenestrations. Moreover, governments have enforced regulations to overcome home carbon footprints, owing to growth in the consciousness of sustainability as a result of the acknowledgment of climate change. To execute such measures, governments often provide different subsidies for the replacement of old windows and furnaces, which lead to wastage of energy. Such subsidies turn the demand for the insulating glass window market during the forecast period.
Smart glazing – future solutions to overcome solar gain and enhance comfort of occupants. The current state-of-the-art spectrally selective coatings are highly improved to maximize the daylight/cooling load ratio, they cannot respond to switching exterior illumination (sun, clouds) conditions. The next big advance in coated glazing will be 'smart glazing' that responds dynamically to changing resident and building needs. After 15 years of laboratory development, these coatings are now beginning to be augmented in prototype form for application in buildings. These smart glazing can be segmented into two major categories as 'passively activated', such as thermochromic (heat sensitive) or photochromic (light-sensitive), and 'actively controlled', such as electrochromic or gasochromic, which can be switched on and off as required with a small applied voltage or a small amount of hydrogen, respectively. Each of these should ultimately find a market niche but the actively controllable options are likely to be the preferred choice, assuming the remaining durability and cost issues can be favorably resolved. Commutable glazing can be either integrated into traditional multi-glazed IG units or combined with future, developed technologies for declining heat loss, such as vacuum- or aerogel glazing.
Insulating Glass Window Market is segmented by Spacer Type (4sg Thermoplastic, Aluminum Box, Composite Spacers, Warm Edge Spacers, Galvanized Steel, Intercept, Silicone Spacers, Stainless Steel Box, Structural Foam Spacers, Others), Sealant Type (Silicone, Polyisobutylene, Hot-Melt Butyl, Polysulfide, Polyurethane, Epoxy, Others), Glazing Type (Double Glazing, Triple Glazing, Others), End-User (Industrial, Residential, Non-Residential, Others), And Region.
Key Participants such as 3M (US), AGC Inc. (Japan), Strathclyde Insulating Glass Ltd. (Scotland), Fuso (India), Central Glass Co., Ltd. (Japan), Dymax (US), Glaston Corporation (Finland), Guardian Glass (US), Nippon Sheet Glass Co., Ltd. (Japan), H.B. Fuller Company (US), Henkel AG & Co. KGaA (Germany), Internorm (Austria), Scheuten (Netherlands), OYADE Sealant (China), Sika AG (Switzerland), Viracon (US), Yongan Adhesive Industry Co., Ltd. (China), Vitro Architectural Glass (US), Beijing Hanjiang Automatic Glass Machinery Equipment Co., Ltd. (China), Shenzhen Jimy Glass Co., Ltd. (China), Cardinal Glass Industries, Inc (US), Eco Glass, Inc (US), Ittihad Insulating Glass Co. (Jordan), Qingdao Migo Glass Co., Ltd. (China), Compagnie de Saint-Gobain SA (France), and others.
For this report, Introspective Market Research has segmented the Insulating Glass Window Market based on of region:
Regional Outlook (Revenue in USD Billion; Volume in Units, 2022-2028)
- North America
- The U.S
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia-Pacific
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of MEA
- Latin America
- Rest of LATAM