Double Glazing Glass Market Size, Share, Growth, Trends, and Global Industry Analysis: By Material (Glass, Frame & Spacer, Sealant), By Application (Window & Door, Facade and Others), by Spacer Thickness (10mm to 12mm, More than 12mm), By End User (Residential, Commercial, Industrial, Others), and Region  

Double Glazing Glass Market size was valued at US$ 12,739.7 million in 2022 and is expected to grow at a 7.1% CAGR from 2024 to 2030. Double-glazed glass refers to a window having two glass panels. It is also known as insulated glass unit. The double-glazed glass comprises of two sheets of glass separated by a spacer bar to generate an air gap filled with insulating gas. Then double-glazed glass window helps in thermal insulation of room. It prevents the cold air from outside to enter inside which keeps it warm and energy efficient. The increasing adoption of double-glazing glass in construction sector due to its various advantages is expected to drive the growth of double-glazing glass market over the forecast period. For instance, double-glazing glass is electric resistant, chemical resistant and flexible in molding and remains unaffected to changes in climatic conditions. Moreover, it is mostly used as transparent glazing material in the building envelope, including windows in the external walls. In addition, rising focus on energy conservation in construction sector is expected to boost the market growth. For instance, the usage of double-glazing glass can help in reducing the consumption of energy by improving the insulating properties of buildings. Furthermore, the favourable government regulations regarding the energy conservation in Europe region is expected to further propel the growth of double-glazing glass market over the forecast period. However, lack of knowledge and awareness amongst the people regarding the benefits of product is anticipated to hinder the growth of double-glazing glass market over the forecast period. Moreover, growing building and construction activities in emerging countries are expected to provide excellent opportunities to the market players and manufacturers in the double-glazing glass market. Geographically, Europe region held the major market share in 2022 and is expected to dominate the global double glazing glass market in the forecasted years.

Double Glazing Glass Market Key Developments:

In July 2019, the glass factory at Clayton Glass, which has since grown, is now the biggest on British mainland. For this expansion, the company committed US$ 1.7 million and erected a brand-new, third Bystronic IGU line that is entirely automated.