Energy efficient glass can be define as glazing which is a part of wall or window and is made of glass used in modern windows. The glazing i.e. double or triple provides energy effective glazing incorporating low emissivity coated glass further preventing the heat escaping through window. This features makes the window thermally insulated improving the energy efficiency of home and saves money. In addition, rising concern for global carbon emission level and sustainability is expected to drive the global market growth. Also, it helps in maintaining temperature in glasses specifically in building & construction, automotive, solar panel industry. The market is anticipated to witness emerging growth in upcoming years.
The key factor driving the growth of market are prominently growing green building sector including residential and non-residential. Besides, the green building majorly helps in optimizing energy efficiency and also benefits the environment as number of new construction manufacturer are widely utilizing energy efficient glass providing effective building management system. Likewise, rising disposable income and living standards of the population is anticipated to boost the demand for market during the forecast period (2021-27). Also, high demands for the product majorly from building & construction is the key factor for the growth of market.
The exclusive COVID 19 impact analysis report by Axiom MRC provides a 3600 analysis of micro and macro-economic factors on the energy efficient glass market. In addition, complete analysis of changes on the cold pain therapy market expenditure, economic and international policies on supply and demand side. The report also studies the impact of pandemic on global economies, international trade, business investments, GDP and marketing strategies of key players present in the market. The COVID-19 impact on the market was negative as the production and distribution was hampered during the pandemic. However, post COVID-19 the market is expected to growth at significant pace.
The energy efficient glass market comprises of different market segment like coating, glazing, application and geography.
The energy efficient glass market is available in different coating like hard and soft. Hard coating is expected to gain major market during the forecast period. The coating is majorly manufactured using the pyrolytic process creating coating. The coating is ideally applied to glass ribbon while it is being produced on the float line which causes the coating to fuse to hot glass surface. Whereas, the soft coating is anticipated to witness growth at moderate pace during estimated timeframe. The coating is sealed in insulated glass or limited unit which helps in lowering emissivity and offers superior solar control performance.
The energy efficient glass market by glazing includes the study for single glazing, double glazing, and triple glazing. Triple glazing is majorly used as this have three sheets of gloss and two insulating gaps. It has temperature coefficient of resistance higher and has better heat barrier for enhanced experience. The triple glazing further helps in noise reduction, increase efficiency leading to lower energy bills, harder to break and make home secure which is expected to drive the growth of segment. Also, single glazing followed by double glazing is anticipated to witness growth at significant pace.
The energy efficient glass market finds application in building & construction, automotive, solar panel. In addition, building & construction further includes commercial and residential. Building & construction segment is anticipated to gain major market in energy efficient glass market owing to its potential feature for reducing the heat gain in building due to its excellent energy saving properties without compromising the natural light. In addition, solar panel is expected grow at significant pace as solar control glass can be used when overheating become a problem in the summer thereby the segment is expected to increase its demand across globe.
The global energy efficient glass market is studied for the following region North America, Europe, Asia-Pacific and Rest of the world (RoW). Asia Pacific is projected to lead in the global energy efficient glass market owing to growing urbanization and rising population has led the demand energy efficient glass market. Besides, rise in disposable income is expected to drive the growth of energy efficient glass market in Asia Pacific region. In addition, Europe followed by North America is expected to providing emerging growth opportunity in upcoming years.
The key players in energy efficient glass market are Saint-Gobain, AGC Inc. , Nippon Sheet Glass, Schott Ag, Sisecam Group, Guardian Industries, Vitro Architectural Glass, Morley Glass & Glazing, Kaphs S.A., Sedak GmbH & Co. Kg, Metro Performance Glass, CSG Holding Co., Ltd., Taiwan Glass Ind Corp., Abrisa Technologies, Bendheim Central Glass Co., Ltd., GSC Glass Ltd, Arnold Glass, Fuso Glass India Pvt. Ltd, DuPont, Corning Incorporated, Glass Apps, PPG Industries Inc, Raven Window, Protronics Ltd and Smartglass International Limited among others.
The report analyses the energy efficient glass market based on by coating, glazing, application and geography. The energy efficient glass market is available in different coating like hard and soft. Hard coating is expected to gain major market during the forecast period. The energy efficient glass market by glazing includes the study for single glazing, double glazing, and triple glazing. Triple glazing is majorly used as this have three sheets of gloss and two insulating gaps. The energy efficient glass market finds application in building & construction, automotive, solar panel. Building & construction segment is anticipated to gain major market in energy efficient glass market. The global energy efficient glass market is studied for the following region North America, Europe, Asia-Pacific and Rest of the world (RoW).
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