Dublin, Aug. 11, 2023 (GLOBE NEWSWIRE) -- The "Global Insulating Glass Window Market by Spacer Type, Product Type, Sealant Type, Glazing Type, End-user - Cumulative Impact of COVID-19, Russia Ukraine Conflict, and High Inflation - Forecast 2023-2030" report has been added to ResearchAndMarkets.com's offering.
The Global Insulating Glass Window Market size was estimated at USD 13.10 billion in 2022, USD 13.94 billion in 2023, growing at a CAGR of 6.99% to reach USD 22.50 billion by 2030.
In this report, 2018 to 2021 are considered as historical years, 2022 is the base year, 2023 is the estimated year, and years from 2024 to 2030 are considered as forecast periods.
The report considers the ongoing political and economic uncertainty in Eastern Europe caused by the Russia-Ukraine Conflict and its potential implications for demand-supply balances, pressure on pricing variants, and import/export and trading. Additionally, the report addresses the impact of High Inflation on the global economy and details fiscal policies measuring and reducing its effects on demand, supply, cash flow, and currency exchange.
Market Segmentation & Coverage:
- Based on Spacer Type:
- Aluminum Spacers
- Flexible Warm Edge Spacers
- Plastic-Metal Hybrid Warm Edge Spacers
- Stainless Steel Warm Edge Spacers
- Aluminum Spacers held the largest market share of 43.83% in 2022, followed by Stainless Steel Warm Edge Spacers.
- Based on Product Type:
- Air-Filled Insulating Glass
- Gas-Filled Insulating Glass
- Vacuum Insulating Glass
- Gas-Filled Insulating Glass commanded the largest market share of 56.12% in 2022, followed by Air-Filled Insulating Glass.
- Based on Sealant Type:
- Epoxy
- Hot-Melt Butyl
- Polyisobutylene
- Polysulfide
- Polyurethane
- Silicone
- Silicone commanded the largest market share of 32.56% in 2022, followed by Polysulfide.
- Based on Glazing Type:
- Double Glazing
- Triple Glazing
- Double Glazing commanded the largest market share of 57.12% in 2022, followed by Triple Glazing.
- Based on End-user:
- Commercial
- Residential
- Commercial commanded the largest market share of 67.88% in 2022, followed by Residential.
- Based on Region:
- Americas (Further studied across Argentina, Brazil, Canada, Mexico, and United States, with a focus on various states in the US)
- Asia-Pacific (Further studied across various countries including Australia, China, India, Japan, and more)
- Europe, Middle East & Africa (Further studied across various countries including Denmark, Germany, Saudi Arabia, South Africa, and more)
- The Americas commanded the largest market share of 39.20% in 2022, followed by Europe, Middle East & Africa.
Market Dynamics:
- Drivers:
- Growing number of residential and commercial construction activities across the world
- Government regulations to reduce home carbon footprints and increase energy-efficient buildings
- Increase in focus on durability and aesthetic view of the windows
- Restraints:
- High cost associated with the development of insulated glass windows
- Opportunities:
- Increasing potential of vacuum insulating glass windows
- Rising amalgamation activities by market players to develop insulated glass windows
- Challenges:
- Breakage, leakage, and heat trapping issues with insulated glass windows
Market Trends
- Cumulative Impact of COVID-19
- Cumulative Impact of Russia-Ukraine Conflict
- Cumulative Impact of High Inflation
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in a particular market space. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Competitive Landscape
- 3M Company
- AGC Inc.
- Air Products and Chemicals, Inc.
- Cardinal Glass Industries, Inc.
- Central Glass Co., Ltd.
- Compagnie de Saint-Gobain
- Downey Glass
- Dymax Corporation
- ECO GLASS Windows, Doors & More
- Glaston Corporation
- Guardian Industries by Koch Industries, Inc.
- H.B. Fuller Company
- Heatseal Double Glazing
- ICESUN Vauum Glass LTD.
- Internorm International GmbH,
- Ittihad Insulating Glass Company
- Jeld-Wen Holding, Inc.
- LUOYANG LANDVAC VIG SCIENCE & TECHNOLOGY CO., LTD
- Masco Corporation
- Nippon Sheet Glass Co., Ltd.
- Oyade Sealant Industry Co., Ltd.
- Panasonic Holdings Corporation
- QINGDAO MIGO GLASS CO., LTD
- Qingdao Morn Building Materials Co.,Ltd
- Royal Tough Glass Works
- sedak GmbH & Co. KG
- Shandong Haanglas Co.,Ltd
- Sika AG
- Viracon by Apogee Enterprises, Inc.
- Vitro, S.A.B.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 183 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value (USD) in 2023 | $13.94 Billion |
| Forecasted Market Value (USD) by 2030 | $22.5 Billion |
| Compound Annual Growth Rate | 6.9% |
| Regions Covered | Global |
For more information about this report visit https://www.researchandmarkets.com/r/62bim2
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