Advanced glazing systems have recently gained importance owing to their ability to enhance total building energy performance, thus creating good business opportunities for companies. Benefits of these systems include passive solar heat gain, electric lighting power reduction, and view.
The restructuring and refocus of the current and future construction market would continue to work in the favor of the advanced glazing systems market. In the past, code mandated building energy requirements were moderate and the majority of insulated glass systems could meet these basic performance demands. However, the demand for green and/or high performance buildings that mandate energy efficiency beyond code minimums is definitively on the rise. In most cases, the total energy consumption in every building has to reduce by 15% to 40% and this can be achieved with the help of advanced glazing systems. The shift from new construction to retrofit construction activity is also fuelling the advanced glazing systems market. New buildings represent only a small share of the U.S. building market, while retrofitting provides a huge market opportunity for owners, green builders, and energy service provider companies. In the current scenario, energy-saving green buildings hold around 5% to 8% share of the retrofit and renovation market by value in the U.S. By the end of 2014, it is projected to become 20% to 30%. The American Recovery and Reinvestment Act (ARRA) is slated to substantially fund the renovation of federal buildings, which will further boost the market of advanced glazing systems. Several other firms, such as conventional window manufacturers and suppliers, metal companies, manufacturers of solar panels and solid-state lighting, firms would benefit from the growth of the advanced glazing systems market.
The Global Advanced Glazing System Market had reached xxx million USD with a CAGR xx from 2015-2019. Later on, it will go to xxx million USD in 2020 with a CAGR xx % from 2020 - 2026.
In the global Advanced Glazing System Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.
In Market segmentation by manufacturers, the report covers the following companies-
Saint-Gobain
Alcoa
Bayer
Solar Innovations
DuPont
In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types :
Sealants
Polyethylene Terephthalate (PET)
Polyvinyl Butyral (PVB)
Specialist Glasses
In Market segmentation by applications :
Commercial Buildings
Industrial Buildings
Residential Buildings
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Advanced Glazing System Market for the forecast period 2020 - 2026?
• What are the driving forces in the Advanced Glazing System Market for the forecast period 2020 - 2026?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Advanced Glazing System industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?