Insulating Glass Market Research Report - Global Forecast till 2027

Insulating Glass Market Research Report: Information by Product Type (Double Glazed Insulating Units, Triple Glazed Insulating Units, and Others), Application (Residential, Commercial, and Industrial), and Region (Asia-Pacific, North America, Europe, Latin America, and Middle East & Africa)- Global Forecast till 2027

ID: MRFR/CnM/1519-HCR | February 2021 | Region: Global | 140 pages

Market Synopsis


The global insulating glass market was valued at USD 2.23 billion in 2018 and is expected to register a CAGR of around 8.4% during the forecast period, 2019–2025. Insulated glass, also known as insulating glass units, is a sealed combination of two or more glasses that are separated by a space filled with dry air and desiccant for absorbing moisture. Besides air, noble gases such as argon or krypton are also used as insulating airspace. Insulating glass primarily helps reduce heat transfer through the glass. It is fabricated in a way to control energy transfer from outside to inside. This helps meet two different requirements, keeping heat in during colder weather and keeping heat out in warm weather. Moreover, it saves energy, maintains the comfort inside the building, and reduces pollution.


Factors such as energy-saving characteristics, reduced costs incurred in energy consumption, and reduced pollution are expected to drive the global insulating glass market during the forecast period. Rising demand for green buildings is also augmenting the growth of the product market largely. In addition, increasing residential construction sector is further anticipated to boost the market growth. Furthermore, growing R&D investments in developing insulated glass with advanced properties, such as enhanced thermal insulation and noise control, is likely to create lucrative opportunities for the players operating in the global insulating glass market.


However, high costs of raw materials such as desiccant, spacer, and inert gases increase the overall cost of the product, which might restrict the growth of the global market during the forecast period. Raw material costs account for 20–22% of the total production costs. Soda ash, which is the prime constituent of glass, is expensive and is primarily found in China. Thus, high import costs and dependence on soda ash further hamper the market growth in North America and Europe.


 Global Insulating Glass Market, by Product Type, 2018 Source-MRFR Analysis Market Segmentation

The global insulating glass market has been segmented based on product type, application, and region. Based on the product type, the global insulating glass market has been segmented into double glazed insulating units, triple glazed insulating units, and others. Based on application, the global insulating glass market has been segmented into residential, commercial, and industrial.


Regional Analysis


The global insulating glass market has been cataloged into five regions, namely, Asia-Pacific, North America, Europe, Latin America, and Middle East & Africa.


Asia-Pacific dominated the market with a share of more than 40% in 2018. It is projected to register a robust CAGR in the coming years owing to the growing residential and non-residential construction activities due to rapid industrialization and urbanization in the region. China is dominating the regional market due to its fast-growing construction industry and the growing awareness of energy-efficient buildings. India, Japan, Thailand, Indonesia, and South Korea are other prominent regional contributors.


North American held the second-largest share of the market in 2018 due to the rising awareness regarding green buildings. In addition to this, the increasing number of hurricanes and tornadoes in the coastal states of the US has increased the number of installations of insulating glass units in the region. The non-residential sectors are also showcasing a strong demand for insulating glass in the region for increasing building efficiency. The US is a major contributor to regional market growth. The stringent regulations pertaining to building codes are supporting the growth of the product market in the region.


The market in Europe held a significant market share in 2018 and is estimated to grow at a moderate CAGR during the review period. This is attributed to the increasing population coupled with the cold climate in the region. Germany is the prominent insulating glass market in the region, followed by Russia, France, Italy, Spain, among others. The regulatory pressure regarding building efficiency is contributing to the growth of the product market in the region.


The Latin American market is projected to register a steady growth rate during the forecast period. This growth can be attributed to the growing residential and commercial construction in emerging economies such as Brazil, Mexico, and Argentina.


The Middle East & Africa held the least market share in 2018. The region is estimated to witness a healthy CAGR during the forecast period. The growing infrastructural construction projects in the GCC countries to drive the tourism industry is expected to support the growth of the insulating glass market in the region.


Key Players


Some of the key players operating in the global insulating glass market are SAINT-GOBAIN (France), Viracon (US), GUARDIAN GLASS LLC. (US), Nippon Sheet Glass Co., Ltd. (Japan), Vitro Architectural Glass (US), Strathclyde Insulating Glass Ltd (UK), ECO Insulating Glass Inc. (Canada), JE Berkowitz (US), Ittihad Insulating Glass Company (Jordan), BYSTRONIC GLASS (Germany), and Cardinal Glass Industries, Inc. (US).


Intended Audience



  • Insulating glass manufacturers

  • Traders and distributors of insulating glass

  • Research and development institutes

  • Potential investors

  • Raw material suppliers

  • Nationalized laboratory



Report Scope:
Report Attribute/Metric Details
  Market Size   2027: Significant Value
  CAGR   8.4% (2019-2025)
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Product Type, Application and Region
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   SAINT-GOBAIN (France), Viracon (US), GUARDIAN GLASS LLC. (US), Nippon Sheet Glass Co., Ltd. (Japan), Vitro Architectural Glass (US), Strathclyde Insulating Glass Ltd (UK), ECO Insulating Glass Inc. (Canada), JE Berkowitz (US), Ittihad Insulating Glass Company (Jordan), BYSTRONIC GLASS (Germany), and Cardinal Glass Industries, Inc. (US)
  Key Market Opportunities   Growing R&D investments in developing insulated glass with advanced properties
  Key Market Drivers

  • Energy-saving characteristics, reduced costs incurred in energy consumption, and reduced pollution
  • Rising demand for green buildings


  • Frequently Asked Questions (FAQ) :


    The global insulating glass market was valued at USD 2.23 billion in 2018.

    The insulating glass has strong growth prospects over the forecast period, with the market expected to exhibit a strong 8.4% CAGR over the forecast period from 2020 to 2027.

    Increasing awareness about the ability of insulating glass to allow customers to cut down on energy costs by maintaining thermal equilibrium indoors is likely to be the major driver for the insulating glass market over the forecast period.

    The high costs of inert gases, used as a spacer in insulating glass, are likely to be the major restraint on the market, as this drives up the costs of insulating glass, pricing out a significant chunk of consumers.

    Residential construction is likely to be the primary application of insulating glass over the forecast period, with the segment holding a 45% share in the global market in 2018.

    TABLE OF CONTENTS

    1 Executive Summary

    2 Market Introduction

    2.1 Market Definition

    2.2 Scope of the Study

    2.3 List of Assumptions

    2.4 Markets Structure

    3 Market Research Methodology

    3.1 Research Process

    3.2 Primary Research

    3.3 Secondary Research

    3.4 Market Size Estimation

    3.5 Forecast Model

    4 Market Dynamics of the Global Insulating Glass Market

    4.1 Introduction

    4.2 Drivers

    4.3 Restraints

    4.4 Opportunities

    4.5 Challenges

    4.6 Trends/Technology

    5 Market Factor Analysis of the Global Insulating Glass Market

    5.1 Supply Chain Analysis

    5.1.1 Raw Material Suppliers

    5.1.2 Manufacturers/Producers

    5.1.3 Distributors/Retailers/Wholesalers/E-Commerce

    5.1.4 End User

    5.2 Porter’s Five Forces Analysis

    5.2.1 Threat of New Entrants

    5.2.2 Bargaining Power of Buyers

    5.2.3 Bargaining Power of Suppliers

    5.2.4 Threat of Substitutes

    5.2.5 Intensity of Rivalry

    6. Global Insulating Glass Market, by Product Type

    6.1 Introduction

    6.2 Double Glazing Insulating Glass

    6.2.1 Market Estimates & Forecast, 2020–2027

    6.2.2 Market Estimates & Forecast, by Region, 2020–2027

    6.3 Triple Glazing Insulating Glass

    6.3.1 Market Estimates & Forecast, 2020–2027

    6.3.2 Market Estimates & Forecast, by Region, 2020–2027

    6.3 Others

    6.3.1 Market Estimates & Forecast, 2020–2027

    6.3.2 Market Estimates & Forecast, by Region, 2020–2027

    7. Global Insulating Glass Market, by Application

    7.1 Introduction

    7.2 Residential

    7.2.1 Market Estimates & Forecast, 2020–2027

    7.2.2 Market Estimates & Forecast, by Region, 2020–2027

    7.3 Commercial

    7.3.1 Market Estimates & Forecast, 2020–2027

    7.3.2 Market Estimates & Forecast, by Region, 2020–2027

    7.4 Industrial

    7.4.1 Market Estimates & Forecast, 2020–2027

    7.4.2 Market Estimates & Forecast, by Region, 2020–2027

    8. Global Insulating Glass Market, by Region

    8.1 Introduction

    8.2 North America

    8.2.1 Market Estimates & Forecast, 2020–2027

    8.2.2 Market Estimates & Forecast, by Product Type, 2020–2027

    8.2.3 Market Estimates & Forecast, by Application, 2020–2027

    8.2.4 US

    8.2.4.1 Market Estimates & Forecast, 2020–2027

    8.2.4.2 Market Estimates & Forecast, by Product Type, 2020–2027

    8.2.4.3 Market Estimates & Forecast, by Application, 2020–2027

    8.2.5 Canada

    8.2.5.1 Market Estimates & Forecast, 2020–2027

    8.2.5.2 Market Estimates & Forecast, by Product Type, 2020–2027

    8.2.5.3 Market Estimates & Forecast, by Application, 2020–2027

    8.3 Europe

    8.3.1 Market Estimates & Forecast, 2020–2027

    8.3.2 Market Estimates & Forecast, by Product Type, 2020–2027

    8.3.3 Market Estimates & Forecast, by Application, 2020–2027

    8.3.4 Germany

    8.3.4.1 Market Estimates & Forecast, 2020–2027

    8.3.4.2 Market Estimates & Forecast, by Product Type, 2020–2027

    8.3.4.3 Market Estimates & Forecast, by Application, 2020–2027

    8.3.5 France

    8.3.5.1 Market Estimates & Forecast, 2020–2027

    8.3.5.2 Market Estimates & Forecast, by Product Type, 2020–2027

    8.3.5.3 Market Estimates & Forecast, by Application, 2020–2027

    8.3.6 Italy

    8.3.6.1 Market Estimates & Forecast, 2020–2027

    8.3.6.2 Market Estimates & Forecast, by Product Type, 2020–2027

    8.3.6.3 Market Estimates & Forecast, by Application, 2020–2027

    8.3.7 Spain

    8.3.7.1 Market Estimates & Forecast, 2020–2027

    8.3.7.2 Market Estimates & Forecast, by Product Type,2020–2027

    8.3.7.3 Market Estimates & Forecast, by Application, 2020–2027

    8.3.8 UK

    8.3.8.1 Market Estimates & Forecast, 2020–2027

    8.3.8.2 Market Estimates & Forecast, by Product Type,2020–2027

    8.3.8.3 Market Estimates & Forecast, by Application, 2020–2027

    8.3.9 Russia

    8.3.9.1 Market Estimates & Forecast, 2020–2027

    8.3.9.2 Market Estimates & Forecast, by Product Type,2020–2027

    8.3.9.3 Market Estimates & Forecast, by Application, 2020–2027

    8.3.10 Poland

    8.3.10.1 Market Estimates & Forecast, 2020–2027

    8.3.10.2 Market Estimates & Forecast, by Product Type, 2020–2027

    8.3.10.3 Market Estimates & Forecast, by Application, 2020–2027

    8.3.11 Rest of Europe

    8.3.11.1 Market Estimates & Forecast, 2020–2027

    8.3.11.2 Market Estimates & Forecast, by Product Type, 2020–2027

    8.3.11.3 Market Estimates & Forecast, by Application, 2020–2027

    8.4 Asia-Pacific

    8.4.1 Market Estimates & Forecast, 2020–2027

    8.4.2 Market Estimates & Forecast, by Product Type, 2020–2027

    8.4.3 Market Estimates & Forecast, by Application, 2020–2027

    8.4.4 China

    8.4.4.1 Market Estimates & Forecast, 2020–2027

    8.4.4.2 Market Estimates & Forecast, by Product Type, 2020–2027

    8.4.4.3 Market Estimates & Forecast, by Application, 2020–2027

    8.4.5 India

    8.4.5.1 Market Estimates & Forecast, 2020–2027

    8.4.5.2 Market Estimates & Forecast, by Product Type, 2020–2027

    8.4.5.3 Market Estimates & Forecast, by Application, 2020–2027

    8.4.6 Japan

    8.4.6.1 Market Estimates & Forecast, 2020–2027

    8.4.6.2 Market Estimates & Forecast, by Product Type, 2020–2027

    8.4.6.3 Market Estimates & Forecast, by Application, 2020–2027

    8.4.7 Australia & New Zealand

    8.4.7.1 Market Estimates & Forecast, 2020–2027

    8.4.7.2 Market Estimates & Forecast, by Product Type, 2020–2027

    8.4.7.3 Market Estimates & Forecast, by Application, 2020–2027

    8.4.8 Rest of Asia-Pacific

    8.4.8.1 Market Estimates & Forecast, 2020–2027

    8.4.8.2 Market Estimates & Forecast, by Product Type, 2020–2027

    8.4.8.3 Market Estimates & Forecast, by Application, 2020–2027

    8.5 Middle East & Africa

    8.5.1 Market Estimates & Forecast, 2020–2027

    8.5.2 Market Estimates & Forecast, by Product Type, 2020–2027

    8.5.3 Market Estimates & Forecast, by Application, 2020–2027

    8.5.4 GCC

    8.5.4.1 Market Estimates & Forecast, 2020–2027

    8.5.4.2 Market Estimates & Forecast, by Product Type, 2020–2027

    8.5.4.3 Market Estimates & Forecast, by Application, 2020–2027

    8.5.5 Israel

    8.5.5.1 Market Estimates & Forecast, 2020–2027

    8.5.5.2 Market Estimates & Forecast, by Product Type, 2020–2027

    8.5.5.3 Market Estimates & Forecast, by Application, 2020–2027

    8.5.6 North Africa

    8.5.6.1 Market Estimates & Forecast, 2020–2027

    8.5.6.2 Market Estimates & Forecast, by Product Type, 2020–2027

    8.5.6.3 Market Estimates & Forecast, by Application, 2020–2027

    8.5.7 Turkey

    8.5.7.1 Market Estimates & Forecast, 2020–2027

    8.5.7.2 Market Estimates & Forecast, by Product Type, 2020–2027

    8.5.7.3 Market Estimates & Forecast, by Application, 2020–2027

    8.5.8 Rest of Middle East & Africa

    8.5.8.1 Market Estimates & Forecast, 2020–2027

    8.5.8.2 Market Estimates & Forecast, by Product Type, 2020–2027

    8.5.8.3 Market Estimates & Forecast, by Application, 2020–2027

    8.6 Latin America

    8.6.1 Market Estimates & Forecast, 2020–2027

    8.6.2 Market Estimates & Forecast, by Product Type, 2020–2027

    8.6.3 Market Estimates & Forecast, by Application, 2020–2027

    8.6.4 Brazil

    8.6.4.1 Market Estimates & Forecast, 2020–2027

    8.6.4.2 Market Estimates & Forecast, by Product Type, 2020–2027

    8.6.4.3 Market Estimates & Forecast, by Application, 2020–2027

    8.6.5 Argentina

    8.6.5.1 Market Estimates & Forecast, 2020–2027

    8.6.5.2 Market Estimates & Forecast, by Product Type, 2020–2027

    8.6.5.3 Market Estimates & Forecast, by Application, 2020–2027

    8.6.6 Mexico

    8.6.6.1 Market Estimates & Forecast, 2020–2027

    8.6.6.2 Market Estimates & Forecast, by Product Type, 2020–2027

    8.6.6.3 Market Estimates & Forecast, by Application, 2020–2027

    8.6.7 Rest of Latin America

    8.6.7.1 Market Estimates & Forecast, 2020–2027

    8.6.7.2 Market Estimates & Forecast, by Product Type, 2020–2027

    8.6.7.3 Market Estimates & Forecast, by Application, 2020–2027

    9. Company Landscape

    9.1 Introduction

    9.2 Market Strategies

    9.3 Key Development Analysis (Expansion/Merger & Acquisitions/Joint Venture/New Product Development/Agreement/Investment)

    10. Company Profiles

    10.1 SAINT-GOBAIN

    10.1.1 Company Overview

    10.1.2 Financial Updates

    10.1.3 Product/Business Segment Overview

    10.1.4 Key Strategies

    10.1.5 Key Developments

    10.1.6 SWOT Analysis

    10.2 Viracon

    10.2.1 Company Overview

    10.2.2 Financial Updates

    10.2.3 Product/Business Segment Overview

    10.2.4 Key Strategies

    10.2.5 Key Developments

    10.2.6 SWOT Analysis

    10.3 GUARDIAN GLASS LLC.

    10.3.1 Company Overview

    10.3.2 Financial Updates

    10.3.3 Product/Business Segment Overview

    10.3.4 Key Strategies

    10.3.5 Key Developments

    10.3.6 SWOT Analysis

    10.4 Nippon Sheet Glass Co., Ltd.

    10.4.1 Company Overview

    10.4.2 Financial Updates

    10.4.3 Product/Business Segment Overview

    10.4.4 Key Strategies

    10.4.5 Key Developments

    10.4.6 SWOT Analysis

    10.5 Vitro Architectural Glass

    10.5.1 Company Overview

    10.5.2 Financial Updates

    10.5.3 Product/Business Segment Overview

    10.5.4 Key Strategies

    10.5.5 Key Developments

    10.5.6 SWOT Analysis

    10.6 Strathclyde Insulating Glass Ltd

    10.6.1 Company Overview

    10.6.2 Financial Updates

    10.6.3 Product/Business Segment Overview

    10.6.4 Key Strategies

    10.6.5 Key Developments

    10.6.6 SWOT Analysis

    10.7 ECO Insulating Glass Inc.

    10.7.1 Company Overview

    10.7.2 Financial Updates

    10.7.3 Product/Business Segment Overview

    10.7.4 Key Strategies

    10.7.5 Key Developments

    10.7.6 SWOT Analysis

    10.8 JE Berkowitz

    10.8.1 Company Overview

    10.8.2 Financial Updates

    10.8.3 Product/Business Segment Overview

    10.8.4 Key Strategies

    10.8.5 Key Developments

    10.8.6 SWOT Analysis

    10.9 Ittihad Insulating Glass Company

    10.9.1 Company Overview

    10.9.2 Financial Updates

    10.9.3 Product/Business Segment Overview

    10.9.4 Key Strategies

    10.9.5 Key Developments

    10.9.6 SWOT Analysis

    10.10 BYSTRONIC GLASS

    10.10.1 Company Overview

    10.10.2 Financial Updates

    10.10.3 Product/Business Segment Overview

    10.10.4 Key Strategies

    10.10.5 Key Developments

    10.10.6 SWOT Analysis

    10.11 Cardinal Glass Industries, Inc

    10.11.1 Company Overview

    10.11.2 Financial Updates

    10.11.3 Product/Business Segment Overview

    10.11.4 Key Strategies

    10.11.5 Key Developments

    10.11.6 SWOT Analysis

    11. Conclusion

    LIST OF TABLES


    Table 1 Global Insulating Glass Market, by Region, 2020–2027

    Table 2 North America: Insulating Glass Market, by Country, 2020–2027

    Table 3 Europe: Insulating Glass Market, by Country, 2020–2027

    Table 4 Asia-Pacific: Insulating Glass Market, by Country, 2020–2027

    Table 5 Middle East & Africa: Insulating Glass Market, by Country, 2020–2027

    Table 6 Latin America: Insulating Glass Market, by Country, 2020–2027

    Table 7 Global Insulating Glass Product Type Market, by Regions, 2020–2027

    Table 8 North America: Insulating Glass Product Type Market, by Country, 2020–2027

    Table 9 Europe: Insulating Glass Product Type Market, by Country, 2020–2027

    Table10 Asia-Pacific: Insulating Glass Product Type Market, by Country, 2020–2027

    Table11 Middle East & Africa: Insulating Glass Product Type Market, by Country, 2020–2027

    Table12 Latin America: Insulating Glass Product Type Market, by Country, 2020–2027

    Table 13 Global Insulating Glass Application Market, by Regions, 2020–2027

    Table14 North America: Insulating Glass Application Market, by Country, 2020–2027

    Table15 Europe: Insulating Glass Application Market, by Country, 2020–2027

    Table16 Asia-Pacific: Insulating Glass Application Market, by Country, 2020–2027

    Table17 Middle East & Africa: Insulating Glass Application Market, by Country, 2020–2027

    Table18 Latin America: Insulating Glass by Application Market, by Country, 2020-2023

    Table19 Global Product Type Market, by Region, 2020–2027

    Table20 Global Application Market, by Region, 2020–2027

    Table21 North America: Insulating Glass Market, by Country, 2020–2027

    Table22 North America: Insulating Glass Market, by Product Type, 2020–2027

    Table23 North America: Insulating Glass Market, by Application, 2020–2027

    Table24 Europe: Insulating Glass Market, by Country, 2020–2027

    Table25 Europe: Insulating Glass Market, by Product Type, 2020–2027

    Table26 Europe: Insulating Glass Market, by Application, 2020–2027

    Table27 Asia-Pacific: Insulating Glass Market, by Country, 2020–2027

    Table28 Asia-Pacific: Insulating Glass Market, by Product Type, 2020–2027

    Table29 Asia-Pacific: Insulating Glass Market, by Application, 2020–2027

    Table30 Middle East & Africa: Insulating Glass Market, by Country, 2020–2027

    Table31 Middle East & Africa: Insulating Glass Market, by Product Type, 2020–2027

    Table32 Middle East & Africa: Insulating Glass Market, by Application, 2020–2027

    Table33 Latin America: Insulating Glass Market, by Country, 2020–2027

    Table34 Latin America: Insulating Glass Market, by Product Type, 2020–2027

    Table35 Latin America: Insulating Glass Market, by Application, 2020–2027

    LIST OF FIGURES

    FIGURE 1 Global Insulating Glass Market Segmentation

    FIGURE 2 Forecast Research Methodology

    FIGURE 3 Five Forces Analysis of the Global Insulating Glass Market

    FIGURE 4 Value Chain of the Global Insulating Glass Market

    FIGURE 5 Share of the Global Insulating Glass Market in 2020, by Country

    FIGURE 6 Global Insulating Glass Market, 2020–2027,

    FIGURE 7 Global Insulating Glass Market Size, by Product Type, 2020

    FIGURE 8 Share of the Global Insulating Glass Market, by Product Type, 2020–2027

    FIGURE 9 Global Insulating Glass Market Size, by Application, 2020

    FIGURE10 Share of the Global Insulating Glass Market, by Application, 2020–2027