The global insulated glass window market is forecast to grow at an annual rate of 6.9% within a decade.
Insulated glass windows consist of two or more panes of glass separated by an air-filled space or vacuum to reduce heat transfer in residential or non-residential areas.
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The global insulating glass window market size was valued at USD 11.871 billion in 2021 and is expected to reach USD 21.16 billion in 2030, growing at a CAGR of 6.9% during the forecast period (2022-2030).
The factors contributing to its growth are as follows:
1. Factors such as falling energy and air conditioning costs, increasing awareness of sustainability, and surging global energy demand are driving the growth of insulating glass windows globally.
2. Increasing installation of insulating glass windows, limiting energy loss and helping to reduce energy costs, especially contributes to the growth of the global market.
3. Compared with ordinary windows, double-glazed or triple-glazed windows can save up to 50% of temperature loss.
4. Leaks and ventilation in windows can lead to heat loss in winter and cold air loss in summer, increasing electricity bills.
5. The increasing government initiatives towards energy efficient buildings have created new opportunities for the global insulating glass window market.
If you have any business project need Insulated glass, welcome to consult with us to get more information. P.S. The article comes from China Glass Network(www.glass.com.cn)
.jpg)
The global insulating glass window market size was valued at USD 11.871 billion in 2021 and is expected to reach USD 21.16 billion in 2030, growing at a CAGR of 6.9% during the forecast period (2022-2030).
The factors contributing to its growth are as follows:
1. Factors such as falling energy and air conditioning costs, increasing awareness of sustainability, and surging global energy demand are driving the growth of insulating glass windows globally.
2. Increasing installation of insulating glass windows, limiting energy loss and helping to reduce energy costs, especially contributes to the growth of the global market.
3. Compared with ordinary windows, double-glazed or triple-glazed windows can save up to 50% of temperature loss.
4. Leaks and ventilation in windows can lead to heat loss in winter and cold air loss in summer, increasing electricity bills.
5. The increasing government initiatives towards energy efficient buildings have created new opportunities for the global insulating glass window market.
If you have any business project need Insulated glass, welcome to consult with us to get more information. P.S. The article comes from China Glass Network(www.glass.com.cn)