(MENAFN- iCrowdNewsWire) The global insulating glass window market size is expected to reach USD 17.99 Billion in 2028 and register a steady CAGR over the forecast period, according to latest analysis by Emergen Research. Steady market revenue growth can be attributed to rising need to enhance energy efficiency in buildings, reduce carbon footprint, and minimize energy bills. Reduced heat transfer due to usage of insulating glass windows minimizes consumption of electric power required for cooling or heating of interiors or spaces in buildings. Reduced electric power consumption drastically cuts down electricity bills, especially in areas subject to extreme heat or cold. Rising need to improve efficiency of windows is expected to drive demand for insulating glass window, which would limit heat transfer.
The report provides detailed insights into Insulating Glass Window market revenue trends, industry trends, consumer trends, market size, market share, market revenue growth drivers, and forecast, along with ranging impact of each factor and driver. It also provides analysis of various factors expected to restrain or limit potential growth in Insulating Glass Window market size over the forecast period, 2020–2028. The report includes profiles of major Insulating Glass Window players in the market, strategies being employed, mergers, acquisitions, recent developments, agreements, contracts, new product development and launches, segment revenue, investment details as well as financials. Also included are details regarding top Insulating Glass Window market players, manufacturers, and vendors and the various strategies being deployed in the market and objectives for these strategies.
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Global Insulating Glass Window market revenue growth is primarily driven by rising focus by major companies on product portfolio expansion, entry into new and untapped domestic and international markets, rising investments my top Insulating Glass Window market players, manufacturers, and vendors in strategic agreements and contracts, and rapidly increasing competition in the Insulating Glass Window market.
In addition, rapidly rising demand and deployment in respective sectors/industries in major and developing countries is supporting growth in terms of Insulating Glass Window market share contribution of these countries. In addition, Insulating Glass Window market share contribution is expected to continue to incline steadily over the forecast period due to favorable government policies, advancements in technology, and steady economic growth across various regions and countries.
Some Key Highlights From the Report
- In October 2020, Guardian Glass industries and Eastman entered into a new partnership to meet the growing demand for high-quality color neutral glass products for the premium segment of the commercial and residential building market. These glass products provide improved safety and sound insulation.
- Silicone segment accounted for largest revenue share in 2020. Rising need to prevent any leakage of air which is present between the glass panes is driving demand for silicon sealant.
- Non-metal spacers segment revenue is expected to expand at a rapid CAGR during the forecast period. The improved thermal and sound insulation provided by non-metal spacers is increasing demand from residential and commercial buildings.
Top key vendors in Insulating Glass Window Market include are:
AGC Inc., Central Glass Co., Ltd., Compagnie de Saint-Gobain S.A., Dymax Corporation, Glaston corporation, Guardian Industries, H.B. Fuller Company, Henkel AG & Co. KGaA, Internorm International GmbH, and Nippon Sheet Glass Co., Ltd.
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In terms of Insulating Glass Window market share and revenue contribution to the global Insulating Glass Window market, North America is expected to maintain its dominance over other regional markets over the forecast period. Presence of major companies in countries in the region is a key factor supporting rapid increase in Insulating Glass Window market share.
The market intelligence report on the Insulating Glass Window Industry also includes an extensive investigation of the competitive landscape. It assesses the business and marketing strategies expected to be present in the market through the forecast years. It also includes an investigation of the recent advancements and other factors driving the growth of the overall market to help comprehend the progress of the companies in the coming years.
Region wise performance of the Insulating Glass Window industry
North America Insulating Glass Window market revenue growth was relatively higher than that of other regional markets in 2020. North America Insulating Glass Window market revenue is expected to continue to remain dominant over the forecast period, supported by robust presence of top market players, manufacturers, and vendors, and favorable government policies and norms in countries in the region.
Asia Pacific Insulating Glass Window market revenue registered fastest growth rate in 2020, and this trend is expected to continue over the forecast period. Asia Pacific Insulating Glass Window market revenue growth is driven by significant market revenue contribution from China, India, and South Korea. China is a robust hub for top Insulating Glass Window market players, manufacturers, and vendors, as well as easy access to raw materials and workforce at more economical costs that that of other regional markets.
Europe Insulating Glass Window market revenue is expected to continue to remain steady over the forecast period, attributed to changing trends in various market and robust focus on research and development initiatives by top market players, manufacturers, and vendors to expand global footprint and drive revenues and profits.
Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:
- United States
- Europe
- China
- Japan
- Southeast Asia
- India
We can also provide the customized separate regional or country-level reports, for the following regions:
North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa
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The research provides answers to the following key questions:
- What will be the growth rate and the market size of the Insulating Glass Window industry for the forecast period 2020-2027?
- What are the major driving forces expected to impact the development of the Insulating Glass Window market across different regions?
- Who are the major driving forces expected to decide the fate of the Insulating Glass Window industry worldwide?
- Who are the prominent market players making a mark in the Insulating Glass Window market with their winning strategies?
- Which Insulating Glass Window industry trends are likely to shape the future of the industry during the forecast period 2020-2027?
- What are the key barriers and threats believed to hinder the development of the industry?
- What are the future opportunities in the Insulating Glass Window market?
Table of Content
Chapter 1. Methodology & Sources
1.1. Insulating Glass Window Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Insulating Glass Window Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2021-2028
Chapter 3. Key Insights
Chapter 4. Insulating Glass Window Market Segmentation & Impact Analysis
4.1. Insulating Glass Window Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Insulating Glass Window Market indicators analysis
4.2.2. Insulating Glass Window Market drivers analysis
4.2.2.1. Rapid urbanization and industrialization
4.2.2.2. Stringent government regulations regarding carbon emissions
4.2.2.3. Increasing prevalence of respiratory diseases
4.2.2.4. Rising need to enhance indoor air quality
4.2.3. Insulating Glass Window Market restraints analysis
4.2.3.1. High cost associated with the maintenance of Insulating Glass Window products
4.2.3.2. Availability of renewable sources of energy
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter's Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 10. Competitive Landscape
10.1. Insulating Glass Window Market Revenue Share By Manufacturers
10.2. Mergers & Acquisitions
10.3. Competitor's Positioning
10.4. Strategy Benchmarking
10.5. Vendor Landscape
10.5.1. Raw Material Suppliers
10.5.1.1. North America
10.5.1.2. Europe
10.5.1.3. Asia Pacific
10.5.1.4. Middle East & Africa
10.5.1.5. Latin America
10.5.2. Distributors
10.5.2.1. North America
10.5.2.2. Europe
10.5.2.3. Asia Pacific
10.5.2.4. Middle East & Africa
10.5.2.5. Latin America
10.5.3. Others
Continued….
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