Global Double Glazing Glass Market to 2031: Increase in Adoption of Double-glazing Glass from the Construction Sector Drives Growth


Dublin, May 17, 2023 (GLOBE NEWSWIRE) -- The "Double Glazing Glass Market By Thickness, By Application, By End-Use Industry: Global Opportunity Analysis and Industry Forecast, 2021-2031" report has been added to ResearchAndMarkets.com's offering.

The global double glazing glass market 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.

Key Market Players

  • 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
  • Weatherbeater Windows

Double-glazing is essentially a window with two panes of glass instead of one. These two sheets of glass are separated by a pocket of air in the middle and this pocket of air is filled with insulating gas to reduce heat loss.

The gap is hermetically sealed and filled with argon to provide an added insulation layer. Ideally, double-glazed windows and doors should use toned or low-E glass to improve their performance. Structurally, the gap between these separated panes is the critical difference between double-glazed and single-glazed windows and doors. Yet, the real difference lies in the unique benefits of double glazing.

A double-glazed window has double separate and parallel sheets of glass, which is used in extremely harsh conditions such as cold or hot and for other security purposes as well. Double-glazing glass offers several advantages such as illuminating space, energy efficiency, and others, which is expected to drive the market growth during the forecast period.

However, although double-glazing glass material has excellent properties and higher performance, there has been a lack of awareness and understanding among the people regarding the advantages of double-glazed glass.

In developing countries such as India, not only people from outside but also people in the industry tend to have an inadequate understanding associated with double-glazing glass and solutions. Lack of awareness about the long-term energy efficient solutions offered by double-glazing glass among the consumers is expected to hinder market growth over the projection period.

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.

Key Attributes:

Report AttributeDetails
No. of Pages533
Forecast Period2021 - 2031
Estimated Market Value (USD) in 2021$11.7 billion
Forecasted Market Value (USD) by 2031$22.3 billion
Compound Annual Growth Rate6.7%
Regions CoveredGlobal

Market Dynamics

Drivers

  • Increase in adoption of double-glazing glass from the construction sector
  • Advantages of double-glazing glass

Restraints

  • Lack of awareness about double-glazing glass

Opportunities

  • Increase in migration toward the urban area

Key Market Segments

By Thickness

  • Less than 10mm
  • 10mm to 12mm
  • More than 12mm

By Application

  • Facade
  • Window and door

By End-Use Industry

  • Residential
  • Commercial
  • Industrial

For more information about this report visit https://www.researchandmarkets.com/r/jf8ofn

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Attachment

 
Global Double Glazing Glass Market

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