Insulated Glass Market
Insulated Glass Market Global Industry Assessment & Forecast
- By Applications Non-residential construction, Residential construction, Industrial, Others
|Forecast Years:||2021 - 2028|
|Historical Years:||2016 - 2020|
|Revenue 2021:||3556 Million|
|Revenue 2028:||3369 Million|
|Revenue CAGR (2021 - 2028):||0.3|
|Fastest Growing Region (2022 - 2028)||North America|
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
The global Insulated Glass market was valued at USD 3556 Million in 2020 and is projected to reach USD 3369 Million by 2028, growing at a CAGR of 0.3% from 2021 to 2028.
|Historical Data (Actual Data)||2016-2020|
|Base Year Data||2020|
|Current Year Date||2021|
|Projected year data||2021-2028|
|Annual Market Size (2028)||3369 Million|
|Annual Market Size (2021)|
|CAGR (2021 - 2028)||0.3%|
Overview and Description
Double or triple panes of glass assembled as a unit, with a gas installed between the panes of glass to provide additional insulation and to eliminate condensation build up within the glass panes is known as insulated glass.
The global Insulated Glass market is segmented based on products, applications, regions, and countries. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. All the segments have been analyzed based on present and future trends. The research study provides complete assessment of the market on the basis of competition, drivers, restraints, opportunities, trends, and industry-authenticated data. The market is estimated from 2016 to 2020 with forecast from 2021 to 2028.
COVID-19 Impact Analysis
COVID-19 pandemic led to government of numerous countries across the globe to impose strict lockdown restrictions during the preliminary stages. In 2021, numerous countries faced the adverse effects of the pandemic due to the outbreak of second wave, which also led governments to again impose lockdown measures. Business shutdowns, partial business operations, and travel restrictions have led to challenges in supply chain and in turn production. However, it is expected that reopening of trade activities, the market will witness steady growth in the demand in the coming years. Impact of COVID-19 on the market demand is considered while estimating the current and forecast market size and growth trends for all the regions and countries.
The report provides a completely separate chapter for COVID-19 Impact Analysis. This chapter includes:
o Impact Assessment of COVID-19 Pandemic
o Pre & Post COVID-19 Market Size
o Qualitative analysis on the short term & long term impact of COVID-19 on the market
o The analysis provides foremost strategies adopted by competitors to minimize the impact of the pandemic on their business activities and scope for future developments.
As one can assume by name insulated glass insulate a room by reducing the heat gain and heat loss. The use of the insulated glass products has significantly grown in popularity during the last decade for residential and commercial property owners seeking to reduce the cost of their gas and electric bills.
It can also act as safety window. As it is not easily breakable like the single pane window. So it can provide a sense of security. The double Insulated glass panels make it stronger and hard to break. This is also facilitating the demand for the market.
It is relatively costly than normal glass. In the begging it was very expensive but now it has become somehow cost effective. The second drawback of insulated window is that it can damage. The damage can be due to the gas leakage. Gas Leakage might result in condensation and damage of the Insulated Glass unit. Once it will be damaged, then it will need to be replaced and no other option. These factors are restraining the market growth.
Global Insulated Glass Market Report Scope
|Market Size Provided for Years||2016-2028|
|Market Size Provided In Terms Of||Revenue & Volume|
|Regions Covered||North America, Europe, Asia Pacific, Latin America, and Middle East & Africa|
|Countries Covered||The U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, South East Asia, Brazil, Argentina, GCC Countries, and South Africa, among others|
|Companies Covered||Nippon Sheet Glass, Cairo Glass, Saint-Gobain, Alu Glass, AluNile, AGC Glass Company, GlassRock, Bystronic Glass, Decor Glass Specialties, Viracon, Polychem Egypt, Bent Glass Design.|
|Report Coverage||Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, technology landscape, patent analysis, market attractiveness analysis by segments and North America, company market share analysis, and COVID-19 impact analysis|
Global Insulated Glass Market: Applications Segment Analysis
- Non-residential construction
- Residential construction
Regional Analysis: Preview
Based on region, the global Insulated Glass market is segregated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America region led the market with the largest share in 2020. Some of the key countries contributing to the surge in the market are the U.S., U.K., Germany, France, China, India, Japan, and South Korea.
The market comprises of numerous small, medium, and large sized players spread across various geographies. Some of the main competitors in the global Insulated Glass market are Nippon Sheet Glass, Cairo Glass, Saint-Gobain, Alu Glass, AluNile, AGC Glass Company, GlassRock, Bystronic Glass, Decor Glass Specialties, Viracon, Polychem Egypt, Bent Glass Design.. The report covers company market share analysis which gives a comprehensive overview of the main competitors in the market. In addition, the report also covers major strategies adopted by market players such as new product launch, acquisitions & mergers, partnerships, collaborations & joint ventures, research & development, and regional expansion. The study also covers the product portfolio of major companies operating in the market.
Market Size, 2021 (USD Billion)
Global Insulated Glass Market: Regional Analysis
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- GCC Countries
- South Africa
- Rest of MEA
Key Highlights – Global Insulated Glass Market
- Global Insulated Glass Market is projected to reach USD 3369 Million by 2028
- North America held the highest share of the Insulated Glass market
- Non-residential construction held the largest share of the product segment in the Insulated Glass market
- held the major share of the application segment in the Insulated Glass market
Frequently Asked Question
The global Insulated Glass valued at 3556 Million in 2020 and is expected to reach 3369 Million in 2028 growing at a CAGR of 0.3%.
The prominent players in the market are Nippon Sheet Glass, Cairo Glass, Saint-Gobain, Alu Glass, AluNile, AGC Glass Company, GlassRock, Bystronic Glass, Decor Glass Specialties, Viracon, Polychem Egypt, Bent Glass Design..
The market is project to grow at a CAGR of 0.3% between 2021 and 2028.
The driving factors of the Insulated Glass include
- As one can assume by name insulated glass insulate a room by reducing the heat gain and heat loss. The use of the insulated glass products has significantly grown in popularity during the last decade for residential and commercial property owners seeking to reduce the cost of their gas and electric bills.
- It can also act as safety window. As it is not easily breakable like the single pane window. So it can provide a sense of security. The double Insulated glass panels make it stronger and hard to break. This is also facilitating the demand for the market.
North America was the leading regional segment of the Insulated Glass in 2020.