The global APAC commercial glazing system market leads to an estimated CAGR of 18% in the global market during the forecast period and registers a revenue valued at US$ 10 Billion in 2022 and is expected to cross US$ 52.34 Billion by 2032.
A glazing system is typically designed based on the building requirements, and is customised to suitdifferent purposes.Glazing systems are differentiated on the basis of use of structural silicon as a support. The commercial glazing market can also be segmented on the basis of technology into dynamic glazing system, multifunctional advanced glazing system and next generation thermally-insulated windows. All major players in the commercial glazing system market offer a wide variety of structural designs to cater to customer requirements. The market can also be segmented on the basis of product into commercial windows, curtain walling, ground floor treatment and roof glazing.
Top players of commercial glazing systems in the Asia Pacific region recognize that commercial spaces that house offices require the important task of ensuring the safety of the inhabitants while creating an environment that is beneficial for greater productivity.
Hence, they provide a passive protection system of glazing, coupled with properties of acoustic insulation that can work wonders in achieving desired results, which surges the demand for commercial glazing systems.
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Glass is the preferred material for glazing purposes, owing to its sustainability, functionality, and versatility that it demonstrates across segments and that it evidently goes beyond classy aesthetics. Market players in the commercial glazing system market are offering end-to-end solutions that initiate from the genesis of taking delivery of the product and its related accessories all the way to installation of the product.
The global commercial glazing market is highly dependent on construction sector, the developing markets of APAC such as China and India are estimated to be the key demand generator. Emerging markets of the Middle East are also expected to surface as major consumers of glazing systems over the next five year. Automotive glazing is also an upcoming industry in the glazing system market. See-through body panels or rear windows, and transparent sunroofs are new trends in automobile manufacturing.
Competitive Landscape in the APAC Commercial Glazing System Market
Players are now seen investing more time in tapping into the retrofitting market rather than construction. Retrofitting refers to making an older building more efficient with regard to energy consumption and other credentials. Due to diminishing energy resources, governmentregulations and environment consciousness, the demand for green buildings is increasing. Builders are now understanding the potential savings from retrofit investments.
Key Companies Profiled
- Saint-Gobain
- Solar Innovations
- Bayer
- DuPont
- A.C. Yule and Sons Ltd.
- Alcoa
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APAC commercial glazing system market Regional analysis includes:
- Greater China
- India
- ASEAN
- Australia & New Zealand
- Others
Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
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