Architectural glass market to grow at a CAGR of 7% from 2022 to 2028
Architectural glass, which is used as a material for buildings. Its most typical use is as a transparent glass material in building façades, including windows in façades. Glass is also used for interior partitions and as an architectural feature. When used in construction, glass is generally a safe type and includes reinforced, tempered and laminated glass. Architectural glass has some beneficial properties such as transparency, excellent thermal insulation properties, superior processability, recyclability, etc. Therefore, it is widely used in buildings in the residential, commercial and industrial sectors.
Development Trends and Drivers of Architectural Glass Market:
The need for energy efficient temperature management is the main reason driving the architectural glass market. Furthermore, the market growth is further fueled by the widespread adoption of traditional building materials such as brick, wood, polycarbonate (PC), which are light-weight, cost-effective, high-strength, and environmentally friendly.
Several favorable policies have been introduced by government agencies to promote green buildings and reduce carbon emissions and energy consumption, another important growth driver. In addition to this, investments in renovation or modernization of existing infrastructure are also driving the global architectural glass market.
The introduction of advanced products to increase natural lighting in buildings and enhance the aesthetic appeal of interiors is expected to fuel the architectural glass market in the coming years.
The architectural glass market is reported to be valued at USD 544.92 million in 2021 and is expected to grow at a CAGR of 7% from 2022 to 2028. If you have any business project need architectural glass, feel free to contact with us.(E-mail: [email protected])
P.S. The article comes from China Glass Network(www.glass.com.cn)
Development Trends and Drivers of Architectural Glass Market:
The need for energy efficient temperature management is the main reason driving the architectural glass market. Furthermore, the market growth is further fueled by the widespread adoption of traditional building materials such as brick, wood, polycarbonate (PC), which are light-weight, cost-effective, high-strength, and environmentally friendly.
Several favorable policies have been introduced by government agencies to promote green buildings and reduce carbon emissions and energy consumption, another important growth driver. In addition to this, investments in renovation or modernization of existing infrastructure are also driving the global architectural glass market.
The introduction of advanced products to increase natural lighting in buildings and enhance the aesthetic appeal of interiors is expected to fuel the architectural glass market in the coming years.
The architectural glass market is reported to be valued at USD 544.92 million in 2021 and is expected to grow at a CAGR of 7% from 2022 to 2028. If you have any business project need architectural glass, feel free to contact with us.(E-mail: [email protected])
P.S. The article comes from China Glass Network(www.glass.com.cn)