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Energy Efficient Glass Market is expected to reach USD 35.39 billion by 2025

2019/3/6 16:19:17

Energy efficient glazing makes windows highly thermally insulated hence improving energy efficiency of homes and other places. Energy efficient windows reduce energy consumption which regulates the indoor temperature. These windows have a big market in the emerging economies of India, China, Brazil and Mexico. More than 25% of the average home bills go higher because of inefficient windows, skylights, and glazed doors which mean quarter of the money paid to the energy company each month is wasted. Energy cost is cut by 15% by installing energy efficient glass.

The Global Energy Efficient Glass Market is expected to reach USD 35.39 billion by 2025, from USD 23.59 billion in 2017 growing at a CAGR of 5.2% during the forecast period of 2018 to 2025. The upcoming market report contains data for the historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

Major Market Competitors:

The key players operating in the global energy efficient glass market are

• SGG

• AGC Inc.

• Nippon Sheet Glass Co., Ltd

• SCHOTT AG

• Şişecam Group

Market Drivers:

• Growing Prominence of Green Buildings

• Increasing concern of carbon emission

• High demand from construction and transportation industry

Market Restraint:

• Lack of raw material

Market Segmentation:

By End-Use Industry

• Building & Construction

• Automotive

• Solar Panel

• Others

By Geography

• North America

o U.S.

o Canada

o Mexico

• Europe

o Germany

o France

o United Kingdom

o Italy

o Spain

o Russia

o Turkey

o Belgium