Dublin, November 2, 2021--(Business Wire)--"By product type, glass type (double glass, triple glass), spacer type, sealant type (silicone, polysulfide, hot melt The report of “Global Insulating Glass Window Market” ), End-use Industries and Regions-Forecast to 2026” has been added to ResearchAndMarkets.com’s products.
In 2020, the size of the insulating glass window market will be 12 billion U.S. dollars, and it is expected to reach 17.2 billion U.S. dollars by 2026; it is expected to grow at a compound annual growth rate of 6.1% from 2021 to 2026.
The insulating glass window market is growing rapidly in different end-use industries such as commercial (corporate offices, commercial enclaves, healthcare facilities, etc.) and residential buildings.
Insulating glass windows reduce the level of light transmission into the interior of the building and reduce solar heat gain. Insulating glass windows improve the thermal efficiency of the building by minimizing the heat/cold transfer from the inside of the building environment to the outside environment. With the increasing demand for energy-efficient buildings, the global insulating glass window market is growing rapidly.
During the forecast period, the three-layer glass part is expected to grow at the highest compound annual growth rate
Divided by glass type, the three-layer glass segment is expected to grow at a faster rate during the forecast period from 2021 to 2026. Compared with double glazing, the use of triple glazing can significantly reduce carbon dioxide emissions and save more energy. In addition, the high demand for triple-glazed windows in cold climate countries is driving this market segment.
The hot melt butyl rubber segment is expected to grow at the highest compound annual growth rate during the forecast period
According to the type of sealant, the hot melt butyl market segment is expected to become the fastest growing type of sealant in the insulating glass window market. Hot-melt butyl is a butyl rubber-based sealant used as a secondary sealant for insulating glass windows and has a low moisture vapor transmission rate (MVTR). In addition, they will not cause any curing problems, thereby eliminating all curing time processing requirements, thereby achieving a balance between performance and operating efficiency. These factors are expected to drive the growth of hot-melt substrate blocks.
In 2020, flexible warm edge spacers account for the largest market segment
By partition type, the flexible warm-edge partition market will account for the largest share of the global insulating glass window market in 2020. Compared with aluminum partitions, flexible warm-edge partitions have very low conductivity and provide the main benefit window for improving the thermal efficiency of insulating glass.
During the forecast period, the residential segment is expected to grow at the highest compound annual growth rate
As far as the terminal industry is concerned, the residential market segment is expected to grow at the highest compound annual growth rate during the forecast period from 2021 to 2026. The key role of hollow glass windows in the residential construction segment is to keep houses warm in winter and cool in winter. summer. It is expected that during the forecast period, the growing demand for green buildings will promote the development of this market segment.
Europe is the second largest market for insulating glass windows in 2020
Europe is the second largest market in the global insulating glass window market in 2020. The market growth can be attributed to the existence of major manufacturers of insulating glass windows in the region. The overall consumption of hollow and other glass windows in the European construction market is relatively large, and it is expected that there will be more investment in the region in the next few years.
The demand for high value-added glass products continues to rise
COVID-19 affects demand for energy-efficient buildings
The cost of glass adhesives is higher than traditional adhesives
Lack of knowledge about insulation products
Increase support for building energy management in the public and private sectors
High fuel consumption in glass manufacturing
Beijing Hanjiang Automatic Glass Machinery Equipment Co., Ltd.
Henkel AG & Co. Kgaa
Japan Plate Glass Co., Ltd.
Qingdao Migao Glass Co., Ltd.
Shenzhen Jimmy Glass Co., Ltd.
Yongan Rubber Industry Co., Ltd.
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