Market Size of Energy-efficient Glass Industry
Study Period | 2019-2029 |
Market Size (2024) | USD 31.79 Billion |
Market Size (2029) | USD 41.32 Billion |
CAGR (2024 - 2029) | > 5.00 % |
Fastest Growing Market | Asia Pacific |
Largest Market | Europe |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Energy-efficient Glass Market Analysis
The Energy-efficient Glass Market size is estimated at USD 31.79 billion in 2024, and is expected to reach USD 41.32 billion by 2029, growing at a CAGR of greater than 5% during the forecast period (2024-2029).
- The market was affected negatively by the COVID-19 outbreak in 2020. However, with the resumption of operations in major end-user industries, it recovered significantly in 2021 and 2022. Furthermore, the market is projected to grow steadily in the forecast period owing to global growth in the construction sector.
- Increasing applications in the building and construction sector and a growing concern about high carbon emissions are driving the market growth. A high price bar of energy-efficient glass is expected to hinder the growth of the market.
- Development of highly energy-efficient glasses to open new opportunities for the market over the forecast period. The European region dominates the global market, with the largest consumption being registered in the United Kingdom, Germany, France, and other countries.
Energy-efficient Glass Industry Segmentation
The energy-efficient glass is the term used to describe energy-efficient glazing that incorporates low-emissivity coated glass in order to prevent heat from escaping through the windows.
The energy-efficient glass market is segmented by coating type, glazing type, end-user industry, and geography. By coating type, the market is segmented into hard and soft. By glazing type, the market is segmented into single, double, and triple. By end-user industry, the market is segmented into building and construction, automotive, solar panels, and other end-user industries (industrial, etc.). The report also covers the market size and forecasts for the energy-efficient glass market in 15 countries across major regions.
For each segment, market sizing and forecasts are done in revenue (USD).
Coating Type | |
Hard | |
Soft |
Glazing Type | |
Single | |
Double | |
Triple |
End-user Industry | |
Building and Construction | |
Automotive | |
Solar Panel | |
Other End-user Industries (Industrial, etc.) |
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Energy-efficient Glass Market Size Summary
The energy-efficient glass market is poised for significant growth, driven by increasing applications in the building and construction sector and a rising awareness of carbon emissions. These glasses, often coated with low-emissivity materials, enhance thermal insulation, thereby improving energy efficiency and reducing heating costs. The market experienced a downturn due to the COVID-19 pandemic but rebounded strongly as operations resumed in key industries. The European region leads the market, with substantial consumption in countries like the United Kingdom, Germany, and France. Despite the high cost of energy-efficient glass posing a challenge, advancements in technology are expected to create new opportunities, further propelling market expansion.
The construction boom in Asia-Pacific and North America, coupled with government initiatives in Europe, is expected to drive demand for energy-efficient glass. The market benefits from the growing construction output, particularly in China, the United States, and India, which are major contributors to global construction activities. In Europe, the construction sector's growth, supported by the EU Recovery Fund, is anticipated to bolster the market. Additionally, innovations such as Building Integrated Photovoltaics (BIPV) systems and advancements in solar glass technology are set to enhance the market's prospects. The presence of major manufacturers like Saint-Gobain and AGC Glass Europe underscores the market's competitive landscape, with ongoing expansions and technological developments promising to meet the increasing demand for energy-efficient solutions.
Energy-efficient Glass Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Drivers
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1.1.1 Increasing Application in the Building and Construction Sector
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1.1.2 Growing Concern about High Carbon Emissions
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1.1.3 Other Drivers
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1.2 Restraints
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1.2.1 High Price Bar of Energy-efficient Glass
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1.2.2 Other Restraints
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1.3 Industry Value Chain Analysis
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1.4 Porter's Five Forces Analysis
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1.4.1 Bargaining Power of Suppliers
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1.4.2 Bargaining Power of Buyers
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1.4.3 Threat of New Entrants
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1.4.4 Threat of Substitute Products and Services
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1.4.5 Degree of Competition
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2. MARKET SEGMENTATION (Market Size in Value)
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2.1 Coating Type
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2.1.1 Hard
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2.1.2 Soft
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2.2 Glazing Type
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2.2.1 Single
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2.2.2 Double
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2.2.3 Triple
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2.3 End-user Industry
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2.3.1 Building and Construction
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2.3.2 Automotive
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2.3.3 Solar Panel
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2.3.4 Other End-user Industries (Industrial, etc.)
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2.4 Geography
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2.4.1 Asia-Pacific
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2.4.1.1 China
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2.4.1.2 India
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2.4.1.3 Japan
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2.4.1.4 South Korea
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2.4.1.5 Rest of Asia-Pacific
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2.4.2 North America
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2.4.2.1 United States
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2.4.2.2 Canada
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2.4.2.3 Mexico
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2.4.3 Europe
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2.4.3.1 Germany
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2.4.3.2 United Kingdom
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2.4.3.3 France
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2.4.3.4 Italy
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2.4.3.5 Rest of Europe
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2.4.4 South America
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2.4.4.1 Brazil
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2.4.4.2 Argentina
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2.4.4.3 Rest of South America
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2.4.5 Middle East and Africa
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2.4.5.1 Saudi Arabia
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2.4.5.2 South Africa
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2.4.5.3 Rest of Middle East and Africa
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Energy-efficient Glass Market Size FAQs
How big is the Energy-efficient Glass Market?
The Energy-efficient Glass Market size is expected to reach USD 31.79 billion in 2024 and grow at a CAGR of greater than 5% to reach USD 41.32 billion by 2029.
What is the current Energy-efficient Glass Market size?
In 2024, the Energy-efficient Glass Market size is expected to reach USD 31.79 billion.