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Double Glazing Glass market Research, 2031
Rising demand for double-glazing glass in windows and door and façade applications, increase in demand for double-glazing glass in the construction & infrastructure sector.” - Eswara PrasadWIN SIVERS DRIVE, OR, UNITED STATES, November 15, 2024 /EINPresswire / -- According to the new research report published by Allied Market Research, Global The global double glazing glass market size was valued at $11.7 billion in 2021, and is projected to reach $22.3 billion by 2031, growing at a CAGR of 6.8% from 2022 to 2031. The report offers key drivers that propel the growth in the global Double glazing glass market. These insights help market players in devising strategies to gain market presence. The research also outlined restraints of the market. Insights on opportunities are mentioned to assist market players in taking further steps by determining potential in untapped regions.
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Rising demand for double-glazing glass in windows and door and façade applications, increase in demand for double-glazing glass in the construction & infrastructure sector due to its improved energy-saving performance, rising R&D activities, technological advancements in manufacturing processes, and an increase in building and construction in emerging economies drive the growth of the global double glazing glass market. Region-wise, Europe is likely to dominate the market during the forecast period.
The report offers a detailed segmentation of the global double glazing glass market based on thickness, application, end-use industry, and region. The report provides an analysis of each segment and sub-segment with the help of tables and figures. This analysis helps market players, investors, and new entrants in determining the sub-segments to be tapped on to achieve growth in the coming years.
Based on thickness, the more than 12mm segment held the largest share in 2021, accounting for more than three-fifths of the global double glazing glass market and would rule the roost through 2031. The same segment is estimated to witness the fastest CAGR of 6.9% during the forecast period. The report also studies the less than 10mm and 10mm to 12mm segments.
In terms of application, the window and door segment captured the largest market share of nearly three-fifths of the global double glazing glass market in 2021 and is expected to lead the trail during the forecast period. The same segment is likely to achieve the fastest CAGR of 6.9% through 2031. The report also studies the façade segment.
In terms of end-use industry, the residential segment captured the largest market share of more than two-fifths of the global double glazing glass market in 2021 and is expected to show a noteworthy revenue growth during the forecast period. The same segment is likely to achieve the fastest CAGR of 7.0% through 2031. The report also studies the commercial and industrial segments.
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Based on region, the market in Europe was the largest in 2021, accounting for over one-third of the global double glazing glass market in 2021 and is expected to dominate the market in terms of revenue in 2031. The same market would manifest the highest CAGR of 7.1% from 2022 to 2031. The other regions analyzed in the study include Asia-Pacific, North America and LAMEA.
Leading players of the global double glazing glass market analyzed in the research include Abbey Glass, CN Glass Limited, Shenzhen Sun Global Glass Co., Ltd., TAMCO Gulf Ltd., Metro Performance Glass, Glass & Glazing Systems Pvt. Ltd., Royal Tough Glass Works, Chevron Glass Pty. Ltd., Clayton Glass Ltd., and Weather beater Windows.
The report analyzes these key players of the global double glazing glass market. These players have adopted various strategies such as expansion, new product launches, partnerships, and others to increase their market penetration and strengthen their position in the industry. The report is helpful in determining the business performance, operating segments, product portfolio, and developments by every market player.
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Key Benefits For Stakeholders:
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the double glazing glass market analysis from 2021 to 2031 to identify the prevailing double glazing glass market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the double glazing glass market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global double glazing glass market trends, key players, market segments, application areas, and market growth strategies.
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David Correa
Allied Market Research
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