Energy Efficient Glass Market is expected to grow at a fast CAGR during the forecast period. Energy-efficient glass is a type of glass that is designed to minimize heat transfer between the interior and exterior of a building, resulting in improved thermal insulation and reduced energy consumption for heating and cooling. It typically has special coatings or features that help to block or reflect certain wavelengths of light, thereby reducing solar heat gain in the summer and heat loss in the winter. There are several types of energy-efficient glass found at in the market, each with its features and benefits.
Some common types include
- Low-E(low-emissivity) glass Thistype of glass has a microscopically thin coating that reflects heat, reducingthe amount of infrared and ultraviolet (UV) radiation that enters a building.This helps to keep the interior cool in the summer and warm in the winter,resulting in energy savings.
- Insulatedglass units (IGUs) IGUsconsist of two or more glass panes separated by an air or gas-filled space,typically filled with argon or krypton gas. The gas acts as an insulator,reducing heat transfer through the glass and improving thermal performance.
- Triple-glazedglass Like IGUs,triple-glazed glass consists of three glass panes separated by air orgas-filled spaces. Triple-glazed glass provides even better thermal insulationcompared to IGUs, making it highly energy-efficient.
- Tinted orreflective glass Tintedor reflective glass has a special coating that reduces the amount of solarradiation that passes through the glass, reducing heat gain in the interior. Itis commonly used in hot climates to reduce cooling costs.
- Electrochromicglass Electrochromicglass is a type of smart glass that can change its tint or opacity in responseto an electric current. This allows for dynamic control of heat and lighttransmission, making it highly energy-efficient and adaptable to changingenvironmental conditions.
Energy-efficient glass is widely used in windows, doors, and skylights in residential, commercial, and industrial buildings to improve energy efficiency, reduce greenhouse gas emissions, and lower heating and cooling costs. It is an important component of green building design and sustainable architecture, helping to create more energy-efficient and eco-friendly buildings.
Expansion of Building And Construction Sector
The growing demand for energy efficient glass in the building and construction sector can be attributed to several factors. First, there is a growing awareness of the need to reduce greenhouse gas emissions and combat climate change. Energy-efficient glasses can help buildings reduce their carbon footprint by reducing the need for artificial heating and cooling, thus lowering energy consumption and associated emissions.
Second, energy efficient glass can help improve the overall energy efficiency of buildings, which is becoming an important consideration for building owners and developers. Energy-efficient buildings can achieve lower operational costs by reducing energy consumption, which can lead to significant savings in the long run.
Third, stricter building codes and regulations related to energy efficiency are being implemented in many countries around the world. These regulations often require the use of energy efficient materials, including glass, in new construction and renovation projects. This is driving the demand for energy efficient glass as builders and architects seek to comply with these regulations and achieve higher energy performance ratings for their buildings.
Furthermore, advancements in glass technology have led to the development of innovative energy-efficient glass products that offer improved performance in terms of thermal insulation, solar control, and glare reduction. These technological advancements have expanded the range of options found at for architects and builders, making energy efficient glass a viable and attractive choice for modern building designs.
Overall, the growing demand from the building and construction sector for energy efficient glass can be attributed to the increasing emphasis on sustainability, stricter building codes and regulations, and advancements in glass technology. This trend is expected to continue in the coming years as the construction industry continues to prioritize energy efficiency and sustainability in building design and construction practices.
Growing Prominence of Green Buildings Propels Energy Efficient Glass Market
Green building certifications, such as Leadership in Energy and Environmental Design (LEED), Building Research Establishment Environmental Assessment Method (BREEAM), and others, encourage and reward the use of energy-efficient materials, including glass, in building construction.
Many developers, architects, and building owners pursue green building certifications, which drives the demand for energy-efficient glass. Energy-efficient glass can significantly reduce the energy consumption of buildings by minimizing heat gain in hot climates and heat loss in cold climates, thereby lowering heating, cooling, and lighting costs. Building owners and operators are increasingly recognizing the long-term cost savings associated with energy-efficient glass, which incentivizes them to invest in such products. Energy-efficient glass can contribute to the environmental sustainability of buildings by reducing greenhouse gas emissions, decreasing the reliance on fossil fuels, and conserving natural resources. As environmental awareness and concerns continue to grow, the demand for energy-efficient glass is expected to increase.
In conclusion, the growing prominence of green buildings, along with energy efficiency regulations, green building certifications, energy cost savings, environmental sustainability, and technological advancements, are driving the demand for energy-efficient glass in the market. The increasing focus on sustainable and energy-efficient building practices is expected to further boost the energy-efficient glass market in the coming years.
Recent Developments
- In January 2023, Saint-Gobain unveiled ClimaGuard Solar, a fresh collection of energy-efficient glass products. The primary objective behind these offerings is to decrease energy consumption while simultaneously enhancing comfort levels within buildings. By utilizing innovative design and technology, ClimaGuard Solar effectively addresses the challenges of reducing energy usage and improving the overall sustainability of structures.
- In February 2023, Nippon Sheet Glass Co., Ltd. introduced Eco-Sun, an innovative energy-efficient glass solution. This new product aims to combat solar heat gain and glare while ensuring optimal visibility. With its advanced design, Eco-Sun assists in reducing the undesirable effects of excessive heat and brightness, providing a comfortable environment while maintaining excellent clarity. The launch of Eco-Sun demonstrates Nippon Sheet Glass Co., Ltd.'s commitment to delivering effective and sustainable glass solutions.
- In March 2023, AGC Group Inc. introduced Solar Gard, a range of energy-efficient glass products. These innovative offerings aim to minimize solar heat gain and glare while ensuring excellent visibility. The launch of Solar Gard showcases AGC Group Inc.'s commitment to delivering effective and sustainable glass solutions for enhanced comfort and functionality.
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Market Segmentation
Company Profiles
The energy efficient glass market is highly competitive, with companies constantly seeking to differentiate themselves through their expertise, and cost-effectiveness. As the demand for innovative products continues to grow, the energy efficient glass market is expected to expand further in the coming years.
| Attribute | Details |
| Base Year | 2022 |
| Historical Years | 2018 – 2021 |
| Estimated Year | 2023 |
| Forecast Period | 2024 – 2028 |
| Quantitative Units | Revenue in USD Billion and CAGR for 2018-2022 and 2023E-2028F |
| Report Coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
| Segments Covered | By Glazing By Coating By Industry Vertical By Region |
| Regional Scope | Asia-Pacific, North America, Europe, Middle East & Africa, and South America |
| Country Scope | China, Japan, India, Australia, South Korea, United States, Canada, Mexico, United Kingdom, Germany, France, Spain, Italy, Israel, Turkey, Saudi Arabia, UAE, Brazil, Argentina, and Colombia |
| Key Companies Profiled | Abrisa Technologies, AGC Glass Europe, Cardinal Glass Industries Inc., Central Glass Co. Ltd, guardian Glass LLC, Morley Glass & Glazing Ltd, Nippon Sheet Glass Co. Ltd, Saint-Gobain, Schott AG, and Ecam Group |
| Customization Scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and Purchase Options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/pdf format on special request) |
