Double glazing glass is used in windows, doors, façades, and other applications. The construction & infrastructure sector is one of the prime consumers of double glazing glass. The demand for double glazing glass is increasing at a significant pace owing to energy-efficient characteristics which help in reducing the energy consumption. The global double glazing glass market size is expected to grow from USD 21.4 billion in 2020 to USD 27.4 billion by 2025, at a CAGR of 5.0% during the forecast period.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=152588064
Over the past years, companies have strengthened their position in the global double glazing glass market by adopting expansions as a major strategy. From 2016 to 2019, partnership was the key strategies adopted by the market players to maintain growth in the global double glazing glass market. For instance, in July 2019, Clayton Glass expanded its glass manufacturing facility to become the largest glass factory anywhere in mainland UK. The company invested USD 1.7 million for this expansion and installed an all-new and third fully automated Bystronic IGU line.
The major manufacturers profiled in this report include The key players in the market include Metro Performance Glass (New Zealand), CN Glass Limited (UK), Glass & Glazing Systems Pvt. Ltd (India), T & I Sealed Units Limited (UK), Clayton Glass Ltd (UK), Shenzhen Sun Global Glass Co., Ltd. (China), TAMCO Gulf Ltd. (UAE), Weatherbeater Windows (UK), and Abbey & Burton Glass (UK) among others. The double glazing glass business of these companies is drastically affected due to the outbreak of COVID – 19 pandemic. Reduced demand from several residential and commercial projects and disruption in the supply chain have compelled the manufacturing companies to operate at partial capacities and reduced staff.
Inquiry Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=152588064
The residential sector is experiencing rapid growth, primarily due to the cost-effective advantages of double glazing glass. The appeal lies in its ability to provide cost savings, making it a preferred choice for windows, doors, and other applications. Residential properties equipped with double glazing solutions offer various advantages, including minimized noise disturbance, enhanced heating insulation, improved safety and security, all while reducing carbon footprint without compromising visibility.
The predominant share in Europe is driven by increased demand for double glazing glass in windows, doors, and facades. The market is propelled by numerous manufacturers in the UK and Germany.
Read Our Trending Press Release Below:
Sports Composites Manufacturers
About MarketsandMarkets™
MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
Media Contact
Company Name: MarketsandMarkets™ Research Private Ltd.
Contact Person: Mr. Aashish Mehra
Email: Send Email
Phone: 18886006441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL 60062
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/double-glazing-glass-market-152588064.html