Market Size of Energy-efficient Glass Industry
Study Period | 2019-2029 |
Market Size (2024) | USD 31.79 Billion |
Market Size (2029) | USD 41.32 Billion |
CAGR (2024 - 2029) | > 5.00 % |
Fastest Growing Market | Asia Pacific |
Largest Market | Europe |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Energy-efficient Glass Market Analysis
The Energy-efficient Glass Market size is estimated at USD 31.79 billion in 2024, and is expected to reach USD 41.32 billion by 2029, growing at a CAGR of greater than 5% during the forecast period (2024-2029).
- The market was affected negatively by the COVID-19 outbreak in 2020. However, with the resumption of operations in major end-user industries, it recovered significantly in 2021 and 2022. Furthermore, the market is projected to grow steadily in the forecast period owing to global growth in the construction sector.
- Increasing applications in the building and construction sector and a growing concern about high carbon emissions are driving the market growth. A high price bar of energy-efficient glass is expected to hinder the growth of the market.
- Development of highly energy-efficient glasses to open new opportunities for the market over the forecast period. The European region dominates the global market, with the largest consumption being registered in the United Kingdom, Germany, France, and other countries.