Double Glazing Glass Market Is Taking Off
A new report out today is good news for glass and glazing pros getting accustomed to the increasing number of customer requests for double glazing products. That trend is not expected to slow down anytime soon.
Double Glazing Glass Market Size to expand to $22.3 billion by 2031 is the headline of the new report from Allied Market Research which examines the leading players, regions, applications and growth opportunities for glazing pros installing double glazing glass.
Double Glazing Market By The Numbers
The last widely publicized estimate suggested the size of the double glazing glass market was around $11.7 billion in 2021.
According to this latest report, the market is forecast to grow at a CAGR of 6.8% and reach $22.3 billion by 2031.
Key Market Drivers for the Double Glazing Glass Market
Known for its superior insulation properties, double glass glazing plays a crucial role in reducing energy consumption in buildings by minimizing heat transfer. This technology not only enhances the thermal performance of buildings but also contributes to sound insulation which improves living and working environments.
Shift Towards Sustainable and Smart Buildings
The global movement towards sustainable and smart buildings is a prominent trend influencing the double glass glazing market. Sustainable building practices prioritize the use of materials and technologies that reduce environmental impact and enhance energy efficiency.
Smart buildings, equipped with advanced systems for heating, ventilation, and air conditioning (HVAC), lighting, and security, increasingly incorporate double glass glazing as a key component of their energy management strategies.
Consumer Preferences and Lifestyle Changes
Changing consumer preferences and lifestyle shifts towards healthier, more comfortable living environments are also driving demand for double glass glazing. The benefits of improved thermal and acoustic insulation align with the growing consumer desire for comfort, privacy, and overall well-being.
In addition, the aesthetic versatility of double glass glazing systems allows for their integration into various architectural styles, catering to the evolving tastes and preferences of homeowners, architects and developers alike.
To read the full press release, click here.
Contact CII
If you own an established glass or glazing business in Florida or Georgia and would like to get a better understanding of the current market value of your company and important steps you can take today to maximize that value, get in touch with a CII business advisor today.