Insulated Glass Market will Reach a Valuation of over US$ 22.8 Billion towards 2032-end

In 2022, the global insulated glass market is expected to be worth US$ 13.4 billion. Future Market Insights (FMI) predicts that it will reach US$ 22.8 billion in 2032 and develop rapidly at a CAGR of 7.5% from 2022 to 2032 in its upcoming study. The growing need for energy-efficient buildings to decrease carbon footprints is expected to boost insulated glass sales in the coming years.

Insulated glass is also known as insulated glass unit (IGU), as it is not an individual glass but a combined structure of two glasses separated by a space which is filled by a gas and a desiccant for absorbing moisture. Insulated glass is a sealed structure which is used for insulating spaces from heat transfer.

The insulated glass unit consists of various components such as tempered or laminated glass, a spacer, inert gas, and a frame. Various types of glasses are used for fabrication of insulated glass depending upon the requirement and priority of the user.

Insulated glass units are majorly used in windows to save the electricity for cooling or heating the houses or the commercial buildings. Insulated avoids the transfer heat from inside out and to inside from outer environment. Ample of energy is spent on cooling or heating the building spaces, whether it may be commercial building or a household.

This energy can be effectively saved by using insulated glass. The major applications of insulated glass includes panels, doors, sliding doors, bent and curved panels, and amongst others.

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Market Dynamics of Insulated glass Market

Growing urbanization and increasing demand for high performance insulation products, all over the world, is putting pressure on the manufacturers to meet the demand, which is pushing new developments in the insulated glass market. Increasing infrastructure projects in the emerging countries is pushing the demand for insulated glass.

Moreover, the initiatives for energy saving from developed as well as developing countries e.g. LEED certification is boosting the demand for insulated glass in the market. Today, major portion of the total energy consumed is shared by space heating and cooling application in building interiors.

Therefore use of insulated glass can reduce the energy consumption to a great extent. Increasing focus on energy saving is driving the demand for various alternatives for energy saving. Insulated glass plays a vital role in the energy saving through insulating spaces from external environment. This is driving global market for insulated glass.

Insulated glass market trends: Innovation and new product developments

Good transparency and durability of the insulated glass, is at the center of focus by the manufacturers. High performance materials are being used in insulated glass, for improving the strength and performance of the glass.

Continuous research and development in the field of insulation technology is bolstering the new product developments in this market. Increasing demand for durable and highly transparent and efficient insulation windows and doors is expected to boost the growth of the global insulated glass market.

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Global Insulated glass Market Participants 

Some of the market participants identified across the value chain of global insulated glass market are:

  • AGC Glass Company North America
  • CIG Glass
  • Fuso Glass India Pvt. Ltd
  • sedak GmbH & Co. KG
  • Hartung Glass Industries
  • Intertek Group plc
  • Ramapo
  • Innovative Glass Products
  • Technical Glass Products
  • Wojan Window & Door Corporation
  • Collins-Toker
  • Clearvue Insulating Glass
  • Glass Insulators Inc.

The global market research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data.

It also contains projections using a suitable set of assumptions and methodologies. The global market research report provides analysis and information according to market segments such as geographies, application and industry.

Key Segments Profiled in the Insulated Glass Industry Survey

By Type:

  • Heated Insulating Glass
  • Tempering Insulating Glass
  • Custom Insulated Glass
  • Other Glasses

By Application:

  • Doors & Partitions
  • Kitchen Appliances & Cabinets
  • Floors & Ceilings
  • Furniture & Curtain Walls
  • Railings & Bolted Structures
  • Automotive Glasses

By End User:

  • Residential Buildings
  • Commercial & Institutional Buildings
  • Industrial Users

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Insulated glass Market: Regional Outlook

Large population and increasing infrastructure developments in India, China, Saudi Arabia and other countries in the world are the emerging markets driving the insulated glass market over the globe. Asia Pacific region is considered as the major consumer base of the global insulated glass market where the region witnessed high growth in last decade.

North America and Europe followed Asia Pacific in terms of demand for insulated glass, however insulated glass market in Europe and North America is expected to grow at a moderate rate. Latin America is also identified with a notable share in the global insulated glass market. Middle East and Africa is also creating lots of opportunities for insulated glass market players as the construction market is growing at a significant growth rate, in the region.

About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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