Insulating glass comprises two or more glass window panes separated by a spacer material and sealed along the edges. Its purpose is to mitigate significant heat transfer, either into or out of a home or building. Insulating glass units (IGUs) play a crucial role in maintaining warmth during winter and keeping interiors cool in the summer.
The primary product categories within insulating glass windows include vacuum insulating glass (VIG), gas-filled insulating glass, and air-filled insulating glass. Vacuum insulating glass (VIG) is formed by isolating glazing (IG) with an evacuated space between the glass sheets, resulting in heightened thermal insulation and minimal heat transfer. Various sealant options, such as silicone, polysulfide, hot melt butyl, polyurethane, among others, contribute to the effectiveness of insulating glass. Spacer types, including thermoplastic, aluminum box, galvanized steel, intercept, and stainless steel box, find application across residential and commercial sectors.
The insulating glass window market research report is one of a series of new reports that provides insulating glass window market statistics, including insulating glass window industry, global insulating glass window market size, regional shares, competitors with an insulating glass window market share, detailed insulating glass window market segments, market trends and opportunities, and any further data you may need to thrive in the insulating glass window industry. This insulating glass window market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The insulating glass window market size has grown strongly in recent years. It will grow from $13.37 billion in 2023 to $14.24 billion in 2024 at a compound annual growth rate (CAGR) of 6.5%. The growth observed in the historical period can be attributed to a heightened focus on energy efficiency, an increase in demand for sustainability, a rising need for noise reduction, improved indoor comfort standards, and the ongoing trend of increased urbanization.
The insulating glass window market size is expected to see strong growth in the next few years. It will grow to $18.36 billion in 2028 at a compound annual growth rate (CAGR) of 6.5%. The anticipated growth in the forecast period can be linked to the escalating trend of building renovation and upgrades, a growing emphasis on health and wellness applications, increasing regulatory changes, the aging building stock, and a rising demand for daylighting. Key trends expected in the forecast period involve the adoption of triple glazing, integration of smart glass, the use of vacuum insulated glass (VIG), solar control films, and the incorporation of unique security features.
The surge in demand for energy-efficient buildings is poised to drive the growth of the insulating glass window market in the coming years. These buildings, designed to minimize the energy needed for heating and cooling, utilize insulating glass windows to control heat transfer, preventing it from escaping or entering the structure. An example of this trend is highlighted by EnergyStar, a government-backed program promoting energy efficiency, which reported in April 2021 that over 6,000 buildings received EPA ENERGY STAR certification, with 280,000 commercial properties utilizing the EPA ENERGY STAR Portfolio Manager tool for energy, water, and waste management. This increasing preference for energy-efficient buildings is a key factor fueling the expansion of the insulating glass window market.
The growing demand in residential construction is expected to be a driving force for the insulating glass window market. Residential construction, focusing on structures for domestic use, incorporates insulating glass windows to enhance energy efficiency and thermal insulation. FMI Corporation reported a significant 18% growth in multi-family residential construction spending activities, reaching $111 billion in investment in 2021. Globally, this investment is anticipated to rise to $136 billion in 2025. The surge in demand within the residential construction sector further propels the growth of the insulating glass window market.
A notable trend in the insulating glass window market is the emergence of strategic partnerships among major companies. This approach is employed to strengthen market positions and foster collaboration. An example is the strategic partnership formed in October 2021 between AGC Glass Europe, a Belgium-based insulated glass manufacturing company, and Masterframe Windows Limited, a UK-based window manufacturer. They collaborated to introduce vacuum insulating glazing FINEO to the UK market for PVC-U sash windows. Additionally, in September 2022, REHAU Window Solutions, a Switzerland-based uPVC window systems manufacturer, and AGC Glass Europe entered into a partnership to develop doors and windows featuring vacuum insulated glass.
Innovation remains a focal point for major companies in the insulating glass window sector, exemplified by the introduction of products such as ClimaTech PriME. Launched by Alside Inc. in August 2023, ClimaTech PriME serves as a high-performance insulated glass package for windows, catering to customers seeking cost-effective and energy-efficient building materials. It incorporates low-e glass, argon gas, and the intercept warm-edge spacer system to deliver superior energy efficiency, noise reduction, and thermal performance for both residential and commercial buildings.
In the November 2022 acquisition of Sprouse Windows and Doors by Santiago Investment Group. This move aims to enhance product quality, customer service, and modernized equipment offerings. Sprouse Windows and Doors, a US-based company specializing in windows and doors, including insulating glass windows, contributes to the diversified portfolio of Santiago Investment Group.
Major companies operating in the insulating glass window market include AGC Inc., Cardinal Glass Industries Inc., Central Glass Co. Ltd., Saint-Gobain SA, Dymax Corporation, Glaston Corporation, Guardian Glass Corp., H.B. Fuller Company, Vitro S.A.B. de C.V., Internorm International GmbH, Ittihad Insulating Glass Co., Migo Glass Co. Ltd., Nippon Sheet Glass Co. Ltd., Shandong OYADE Sealant Industry Co. Ltd., Scheuten Glas Nederland B.V., Sika India Pvt. Ltd., 3M Company, Andersen Corporation, Jeld-Wen Holding Inc., Marvin Ltd., Masco Corporation, PGT Innovation Inc., Cornerstone Building Brands Inc., Deceuninck NV, VKR Holdings A/S, Pilkington Group Limited, Schott AG, Sisecam Group, Fuyao Glass Industry Group Co. Ltd., Xinyi Glass Holdings Limited, China Glass Holdings Limited, Taiwan Glass Industry Corporation, Euroglas GmbH, GSC Glass Ltd., Sedak GmbH & Co. KG, AGP Group, Oldcastle Inc., Viracon Inc., Trulite Glass & Aluminum Solutions LLC, Vitrum Industries Ltd.
North America was the largest region in the insulating glass window market in 2023. Europe was the second-largest market in insulating glass window market share. The regions covered in the insulating glass window market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
The countries covered in the insulating glass window market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, US
The insulating glass window market consists of sales of vacuum gas-filled insulating glass, insulating glass (VIG), air-filled insulating glass, and other insulating glass window. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The primary product categories within insulating glass windows include vacuum insulating glass (VIG), gas-filled insulating glass, and air-filled insulating glass. Vacuum insulating glass (VIG) is formed by isolating glazing (IG) with an evacuated space between the glass sheets, resulting in heightened thermal insulation and minimal heat transfer. Various sealant options, such as silicone, polysulfide, hot melt butyl, polyurethane, among others, contribute to the effectiveness of insulating glass. Spacer types, including thermoplastic, aluminum box, galvanized steel, intercept, and stainless steel box, find application across residential and commercial sectors.
The insulating glass window market research report is one of a series of new reports that provides insulating glass window market statistics, including insulating glass window industry, global insulating glass window market size, regional shares, competitors with an insulating glass window market share, detailed insulating glass window market segments, market trends and opportunities, and any further data you may need to thrive in the insulating glass window industry. This insulating glass window market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The insulating glass window market size has grown strongly in recent years. It will grow from $13.37 billion in 2023 to $14.24 billion in 2024 at a compound annual growth rate (CAGR) of 6.5%. The growth observed in the historical period can be attributed to a heightened focus on energy efficiency, an increase in demand for sustainability, a rising need for noise reduction, improved indoor comfort standards, and the ongoing trend of increased urbanization.
The insulating glass window market size is expected to see strong growth in the next few years. It will grow to $18.36 billion in 2028 at a compound annual growth rate (CAGR) of 6.5%. The anticipated growth in the forecast period can be linked to the escalating trend of building renovation and upgrades, a growing emphasis on health and wellness applications, increasing regulatory changes, the aging building stock, and a rising demand for daylighting. Key trends expected in the forecast period involve the adoption of triple glazing, integration of smart glass, the use of vacuum insulated glass (VIG), solar control films, and the incorporation of unique security features.
The surge in demand for energy-efficient buildings is poised to drive the growth of the insulating glass window market in the coming years. These buildings, designed to minimize the energy needed for heating and cooling, utilize insulating glass windows to control heat transfer, preventing it from escaping or entering the structure. An example of this trend is highlighted by EnergyStar, a government-backed program promoting energy efficiency, which reported in April 2021 that over 6,000 buildings received EPA ENERGY STAR certification, with 280,000 commercial properties utilizing the EPA ENERGY STAR Portfolio Manager tool for energy, water, and waste management. This increasing preference for energy-efficient buildings is a key factor fueling the expansion of the insulating glass window market.
The growing demand in residential construction is expected to be a driving force for the insulating glass window market. Residential construction, focusing on structures for domestic use, incorporates insulating glass windows to enhance energy efficiency and thermal insulation. FMI Corporation reported a significant 18% growth in multi-family residential construction spending activities, reaching $111 billion in investment in 2021. Globally, this investment is anticipated to rise to $136 billion in 2025. The surge in demand within the residential construction sector further propels the growth of the insulating glass window market.
A notable trend in the insulating glass window market is the emergence of strategic partnerships among major companies. This approach is employed to strengthen market positions and foster collaboration. An example is the strategic partnership formed in October 2021 between AGC Glass Europe, a Belgium-based insulated glass manufacturing company, and Masterframe Windows Limited, a UK-based window manufacturer. They collaborated to introduce vacuum insulating glazing FINEO to the UK market for PVC-U sash windows. Additionally, in September 2022, REHAU Window Solutions, a Switzerland-based uPVC window systems manufacturer, and AGC Glass Europe entered into a partnership to develop doors and windows featuring vacuum insulated glass.
Innovation remains a focal point for major companies in the insulating glass window sector, exemplified by the introduction of products such as ClimaTech PriME. Launched by Alside Inc. in August 2023, ClimaTech PriME serves as a high-performance insulated glass package for windows, catering to customers seeking cost-effective and energy-efficient building materials. It incorporates low-e glass, argon gas, and the intercept warm-edge spacer system to deliver superior energy efficiency, noise reduction, and thermal performance for both residential and commercial buildings.
In the November 2022 acquisition of Sprouse Windows and Doors by Santiago Investment Group. This move aims to enhance product quality, customer service, and modernized equipment offerings. Sprouse Windows and Doors, a US-based company specializing in windows and doors, including insulating glass windows, contributes to the diversified portfolio of Santiago Investment Group.
Major companies operating in the insulating glass window market include AGC Inc., Cardinal Glass Industries Inc., Central Glass Co. Ltd., Saint-Gobain SA, Dymax Corporation, Glaston Corporation, Guardian Glass Corp., H.B. Fuller Company, Vitro S.A.B. de C.V., Internorm International GmbH, Ittihad Insulating Glass Co., Migo Glass Co. Ltd., Nippon Sheet Glass Co. Ltd., Shandong OYADE Sealant Industry Co. Ltd., Scheuten Glas Nederland B.V., Sika India Pvt. Ltd., 3M Company, Andersen Corporation, Jeld-Wen Holding Inc., Marvin Ltd., Masco Corporation, PGT Innovation Inc., Cornerstone Building Brands Inc., Deceuninck NV, VKR Holdings A/S, Pilkington Group Limited, Schott AG, Sisecam Group, Fuyao Glass Industry Group Co. Ltd., Xinyi Glass Holdings Limited, China Glass Holdings Limited, Taiwan Glass Industry Corporation, Euroglas GmbH, GSC Glass Ltd., Sedak GmbH & Co. KG, AGP Group, Oldcastle Inc., Viracon Inc., Trulite Glass & Aluminum Solutions LLC, Vitrum Industries Ltd.
North America was the largest region in the insulating glass window market in 2023. Europe was the second-largest market in insulating glass window market share. The regions covered in the insulating glass window market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
The countries covered in the insulating glass window market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, US
The insulating glass window market consists of sales of vacuum gas-filled insulating glass, insulating glass (VIG), air-filled insulating glass, and other insulating glass window. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Insulating Glass Window Market Characteristics3. Insulating Glass Window Market Trends And Strategies31. Global Insulating Glass Window Market Competitive Benchmarking32. Global Insulating Glass Window Market Competitive Dashboard33. Key Mergers And Acquisitions In The Insulating Glass Window Market
4. Insulating Glass Window Market - Macro Economic Scenario
5. Global Insulating Glass Window Market Size and Growth
6. Insulating Glass Window Market Segmentation
7. Insulating Glass Window Market Regional And Country Analysis
8. Asia-Pacific Insulating Glass Window Market
9. China Insulating Glass Window Market
10. India Insulating Glass Window Market
11. Japan Insulating Glass Window Market
12. Australia Insulating Glass Window Market
13. Indonesia Insulating Glass Window Market
14. South Korea Insulating Glass Window Market
15. Western Europe Insulating Glass Window Market
16. UK Insulating Glass Window Market
17. Germany Insulating Glass Window Market
18. France Insulating Glass Window Market
19. Italy Insulating Glass Window Market
20. Spain Insulating Glass Window Market
21. Eastern Europe Insulating Glass Window Market
22. Russia Insulating Glass Window Market
23. North America Insulating Glass Window Market
24. USA Insulating Glass Window Market
25. Canada Insulating Glass Window Market
26. South America Insulating Glass Window Market
27. Brazil Insulating Glass Window Market
28. Middle East Insulating Glass Window Market
29. Africa Insulating Glass Window Market
30. Insulating Glass Window Market Competitive Landscape And Company Profiles
34. Insulating Glass Window Market Future Outlook and Potential Analysis
35. Appendix
Executive Summary
Insulating Glass Window Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on insulating glass window market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description:
Where is the largest and fastest growing market for insulating glass window? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
Scope
- Markets Covered: 1) By Product Type: Vacuum Insulating Glass (VIG); Gas Filled Insulating Glass; Air Filled Insulating Glass 2) By Sealant Type: Silicone; Polysulfide; Hot melt butyl; Polyurethane; Other Sealant Types 3) By Spacer Type: Thermoplastic; Aluminum Box; Galvanized Steel; Intercept; Stainless Steel Box 4) By End-Use Industry: Residential; Commercial
- Companies Mentioned: AGC Inc.; Cardinal Glass Industries Inc.; Central Glass Co. Ltd.; Saint-Gobain SA; Dymax Corporation
- Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
- Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
- Time series: Five years historic and ten years forecast.
- Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
- Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
- Delivery format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- AGC Inc.
- Cardinal Glass Industries Inc.
- Central Glass Co. Ltd.
- Saint-Gobain SA
- Dymax Corporation
- Glaston Corporation
- Guardian Glass Corp.
- H.B. Fuller Company
- Vitro S.A.B. de C.V.
- Internorm International GmbH
- Ittihad Insulating Glass Co.
- Migo Glass Co. Ltd.
- Nippon Sheet Glass Co. Ltd.
- Shandong OYADE Sealant Industry Co. Ltd
- Scheuten Glas Nederland B.V.
- Sika India Pvt. Ltd.
- 3M Company
- Andersen Corporation
- Jeld-Wen Holding Inc.
- Marvin Ltd.
- Masco Corporation
- PGT Innovation Inc.
- Cornerstone Building Brands Inc.
- Deceuninck NV
- VKR Holdings A/S
- Pilkington Group Limited
- Schott AG
- Sisecam Group
- Fuyao Glass Industry Group Co. Ltd.
- Xinyi Glass Holdings Limited
- China Glass Holdings Limited
- Taiwan Glass Industry Corporation
- Euroglas GmbH
- GSC Glass Ltd.
- Sedak GmbH & Co. KG
- AGP Group
- Oldcastle Inc.
- Viracon Inc.
- Trulite Glass & Aluminum Solutions LLC
- Vitrum Industries Ltd.