The Insulating Glass Window Global Market Report 2023 by The Business Research Company, provides insulating glass window market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032.
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According to The Business Research Company’s Insulating Glass Window Global Market Report 2023, the market size grew from $12.73 billion in 2022 to $13.89 billion in 2023 at a compound annual growth rate (CAGR) of 9.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global insulating glass window is expected to grow to $18.95 billion in 2027 at a CAGR of 8.1%.
Increasing demand for energy-efficient buildings is expected to propel the growth of the insulating glass window market over the coming years. Energy-efficient buildings reduce the amount of energy required for heating and cooling, regardless of the type of energy used or the equipment used to heat or cool the structure. Insulating glass windows are used in energy-efficient buildings to prevent heat from escaping or entering a home or office.
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The insulating glass window market is segmented:
1) By Product Type: Vacuum Insulating Glass (VIG), Gas Filled Insulating Glass, Air Filled Insulating Glass
2) By Sealant Type: Silicone, Polysulfide, Hot melt butyl, Polyurethane, Other Sealant Types
3) By Spacer Type: Thermoplastic, Aluminum Box, Galvanized Steel, Intercept, Stainless Steel Box
4) By End-Use Industry: Residential, Commercial
Strategic partnerships have emerged as a key trend in the insulating glass window market. Major companies operating in the insulating glass window sector are focused on partnerships and collaborations to strengthen their position. For instance, in October 2021, AGC Glass Europe, a Belgium-based insulated glass manufacturing company, and Masterframe Windows Limited, a UK-based window manufacturer formed a strategic partnership to bring vacuum insulating glazing FINEO to the UK market for PVC-U sash windows. Also, in September 2022, REHAU Window Solutions, a Switzerland-based manufacturer of uPVC window systems, and AGC Glass Europe, a Belgium-based glass manufacturing company providing range of super-insulating coated glass signed a partnership agreement to develop doors and windows with vacuum insulated glass.
The insulating glass window market report table of contents includes:
1. Executive Summary
2. Insulating Glass Window Market Characteristics
3. Insulating Glass Window Market Trends And Strategies
4. Insulating Glass Window Market – Macro Economic Scenario
5. Insulating Glass Window Market Size And Growth
…
27. Insulating Glass Window Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Insulating Glass Window Market
29. Insulating Glass Window Market Future Outlook and Potential Analysis
30. Appendix
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