Glass Insulation Market - 2016 - 2024 : Certain Teed Corporation, Saint-Gobain ISOVER SA, PPG Industries Inc., Johns Manville
Press Release – 20
Aug 2018
Research
and Development News
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Latest
Update
"Glass Insulation Market - Global Industry Analysis, Size,
Share, Growth, Trends, and Forecast 2016 - 2024"
with Industries Survey | Global Current Growth and Future.
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Global Glass Insulation Market: Overview
Glass is one of the most versatile materials used
in buildings and glass insulation has emerged as a preferred
technology to improve the solar and thermal efficiency of
infrastructures. Insulated glasses are mainly employed in domestic,
commercial, and public buildings to regulate indoor temperature and
maintain air quality including the humidity in the environment. The
application of glass insulation is gaining significance in
residential buildings and in numerous commercial infrastructures such
as hospitals, hotels, and offices.
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A large
number of refurbishments are using glass insulation to enhance energy
efficiency and to meet various government regulations related to
eco-friendly buildings. The use of low-emission insulated glass in
homes promotes passive solar heat gain and keeps the space warmer.
Several coating modifications are being made to improve insulation
leading to multi-functional glazing properties such as low
maintenance, improved safety, noise reduction, enhanced condensation
control, and security. Different types of glass insulation find
extensive application for specialized uses. For instance, laminated
glass and dual-seal silicone insulated glass ensures safety and
weather changes. The continued demand for these glasses have
contributed to the steady evolution of the market.
The report offers in-depth insights into the key
drivers and restraints, market share and size of various segments,
recent technological advances, notable trends and lucrative avenues,
and competitive landscape.
Global Glass Insulation Market: Trends and
Opportunities
The rising costs of energy and the soaring
environmental awareness to improve the energy efficiency of buildings
have stimulated the use of various glass insulation technologies. The
increasing number of stringent government regulations to optimize the
energy efficiency of new buildings has spurred the demand for glass
insulation products. Furthermore, the growing popularity of green
buildings across the commercial and residential segments is expected
to propel the demand for glass insulation. The soaring use of glass
insulation in various non-residential applications such as in
automobiles and in heating, ventilation and air conditioning (HVAC)
technology are anticipated to boost the market in the coming years.
Continuous technological advancements in glass
technology has led to the advent of products with advanced
functionalities, thereby boosting the glass insulation market. For
instance, low-e coatings have been developed which minimizes the
amount of UV and IR rays. Such developments catalyze the glass
insulation market. Lack of awareness about advanced insulation
products to be used in homes and the marked difficulty in recycling
glass wool used in HVAC are key factors that may hinder the glass
insulation market to an extent. Nevertheless, the advent of energy
efficiency requirements in building codes, especially in developed
nations, stringent government regulations related to the adoption of
green buildings, and the indices for measuring window energy rating
in homes, are crucial factors expected to unlock exciting
opportunities for market players.
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Global
Glass Insulation Market: Regional Outlook
Geographically, Asia Pacific is a prominent market
for the uptake of glass insulation products. A major demand comes
from China, Japan, and India. The substantial demand for glass
insulation in this regional market is driven by the easy availability
of various raw materials, stringent implementation of energy
regulations in buildings, and rising disposable incomes of consumers.
North America is one of the major markets for the production of glass
insulation products. The growth of the regional market is fuelled by
the presence of a large number of regional and global manufacturers
of glass insulation and innovative product launches in the developed
nations.
Companies mentioned in the report
Companies vying for a sustained share in the glass
insulation market include Certain Teed Corporation, Saint-Gobain
ISOVER SA, PPG Industries Inc., Johns Manville, Arabian Fiberglass
Insulation Co., Ltd., Knauf, Nippon Sheet Glass Co., Ltd., and Owens
Corning.
Leading players are adopting vertical integration
strategy and acquiring small enterprises to consolidate their
operations and expand their presence across major regions.
Major regions analyzed under this research
report are:
- North America
- Latin America
- Asia Pacific
- Western Europe
- Eastern Europe
- Middle East and Africa
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