Global Double Glazing Glass Market

Double Glazing Glass Market Insights

The global double glazing glass market will grow at a CAGR of 5.06% over the forecast period. Double glazed glass is composed of two or more panels of glasses which is completely sealed and separated by an air cavity. The glass is transparent which forms an insulating barrier between outdoor and indoor space. Enhanced security, reduced noise transmission, protection from UV, upgrade energy efficiency and improved thermal & acoustic properties are the key benefits that will change the dynamic of the global double-glazing glass market.

The significant increase in demand for double-glazing glass market in the construction & infrastructure sector owing to improve energy-efficient attributes which result in an overall reduction of energy consumption thus uplifting the global business of double-glazing glass market. Also, currently due to the excellent properties of double-glazing glass, it is gaining popularity in a green building to improve its energy-efficiency and reduce energy consumption with enhanced aesthetic structures.

In the past few years, many companies have adopted strategies for expansion of business by getting collaborated with other firms to strengthen their global double-glazing glass market position.

Despite having a set of excellent properties at a cheaper rate, there is a lack of awareness regarding the benefits of the products in many developing countries, which is a negative effect on the overall market growth. Global pandemic shuts down the demand for double-glazing glass from the targeted sectors due to supply chain disruption of raw material and finical flow breakdown thus end up reducing the global market of the product.

Double Glazing Glass Market: By Type of Material

Given by type of material, the market is bifurcated into a glass, frame and spacer, sealant, and other materials. Glass segment is predicted to leads the material segment of the double glazing market in terms of both volume and value in the conjecture time frame. Glass is used in various applications of industries, residents and commercial industries at different extents.

Double Glazing Glass Market: By Spacer thickness

Based on spacer thickness the market is bifurcated into less than 10mm, 10mm to 12mm, and more than 12mm.

10mm to 12mm spacer thickness is the largest business making segment of the double glazing glass market. In comparison to other segments, 10mm to 12mm spacer provide excellent UV & infrared protection and light comfort, hence favored the most in residential industries.

Double Glazing Glass Market: By Application

The application segment can be explained into windows & doors, facades, and other applications. Facade dominated the application segment of the double glazing glass market. The high demand for the façade segment by construction industries of Asian countries is majorly driving the growth of the market. Furthermore, strict governmental norms to reduce energy consumption by adopting energy-efficient solutions are adding values to the market growth.

Double Glazing Glass Market: By Type of Industry

Residential, Commercial, and Industrial segments are the wings of the industry double glazing market. The commercial segment is expected to dominate the market at the fastest rate due to properties like an excellent light transmission with lower internal reflection and lower thermal transmittance makes the segment ideal for infrastructure projects. Furthermore, a wide range of applications in commercial complexes, hotels, hospitals, education institutes and among others is accelerating the global business of double glazing glass market.

Double Glazing Glass Market: By Region

APAC is expected to flourish the double-glazing glass market at the fastest rate in the projected period. An increase in urbanization, industrialization, and investment of government on construction and infrastructure projects has brought enormous opportunities for the double glass glazing market. However, COVID-19 severely affected the APAC market and was expected to reduce the 2020 business.

Europe is the second-largest market builder of the double glazing glass business. The government initiative of green buildings, raising energy consumption and requirement of energy-efficient performance have made double glazing glasses an ideal choice which is triggering its demand in various construction industries.

Double Glazing Glass Market Share and Competitor Analysis

The key players operating in the market include Glass & Glazing Systems Pvt. Ltd, Clayton Glass Ltd, Abbey & Burton Glass, ClearView Ltd, Weatherbeater Windows, Metro Performance Glass, TAMCO Gulf Ltd, CN Glass Limited, T & I Sealed Units Limited, Shenzhen Sun Global Glass Co., Ltd.., Weatherbeater Windows, and RAVENSBY GLASS CO. LTD among others.

Please note: This is not an exhaustive list of companies profiled in the report.

In October 2019, Clayton Glass Ltd received business, service, manufacturing capabilities from Aperture Trading Limited, this acquisition tremendously affects the sales, manufacturing, and target capacity of the industry positively.

Check the Press Release on Global Double Glazing Glass Market Report