Nov 09, 2021/IndustryNewsGlobal/ The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Energy Efficient Glass Market.
It was estimated prior to this unanticipated outbreak that the Energy Efficient Glass Market is likely to witness an impressive CAGR of 5.2% during the forecast period. The growing demand for energy efficient glass in the construction, automotive, and solar panel industries drives the market for energy efficient glass globally.
Energy efficient glass is the type of glass that has the property of minimizing the impact of excessive heating and cooling.
Energy efficient glass can be of various types depending upon the coatings on them such as a hard coat or soft coat. Building construction, automotive, solar panel, and others are the different application areas where energy efficient glass is used.
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
Based on the coating type, the market is segmented as hard coat and soft coat. The hard coat segment is estimated to register a higher growth in the coming five years. Low emissivity, durability and easy availability are the factors that drive the growth of the hard coat segment.
Based on the glazing type, the market is segmented as triple glazing, double glazing, and single glazing. The triple glazing segment is projected to witness the highest growth during the forecast period. Excellent low emission properties of triple glazing energy efficient glass have led to its increased adoption from building contractors instead of double-glazing energy efficient glass.
Based on the end-use industry type, the market is segmented as building construction, automotive, solar panels, and others. The building construction segment is expected to witness the highest growth in the coming five years. Growing construction activities in the Middle East and Asia-Pacific, owing to increasing population is the major factor driving the growth of the building construction segment.
In terms of regions, Asia-Pacific is expected to remain the largest market for energy efficient glass in the coming five years. In the last few decades, significant investment from various international companies has been made in the region to leverage low-cost labor and dependable supply chain. Further, increasing demand from the end-use industries, rapid urbanization, and the growing disposable income of consumers are the major factors which have led to the dominance of the region in the global energy efficient glass market.
Key players operating in the global Energy Efficient Glass market are-
- Compagnie de Saint-Gobain S.A
- AGC Inc.
- Nippon Sheet Glass Co., Ltd.
- Sisecam Group
- Vitro Architectural Glass
- Gaurdian Industries
- Morley Glass Glazing
- Kaphs S.A.
- Sedak GmbH Co. KG
- CSG Holding Co., Ltd.
- Taiwan Glass Ind Corp.
- Central Glass Co., Ltd.
- Fuso Glass India Pvt. Ltd.
Features of the Report
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.
The Energy Efficient Glass analysis report discusses the following heads in great detail:
- Market structure: Overview, industry life cycle analysis, supply chain analysis
- COVID-19 Impact Assessment
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Market trend and forecast analysis
- Market segment trend and forecast
- Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
- Attractive market segments and associated growth opportunities
- Emerging trends
- Strategic growth opportunities for the existing and new players
- Key success factors
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