Glass Insulation Market – Global Industry Analysis, Forecast 2016 – 2024
Glass insulation is typically used in buildings that require large amount of heating or cooling. It is also used in places where temperature and humidity needs to be controlled. Glass insulation is employed in airport control towers, train windows, office buildings, hotels, hospitals, houses, cars, cell phones, etc.
The technology of heating, ventilation and air conditioning (HVAC) is used for indoor and vehicular environmental comfort. Commercial buildings (such as offices, hotels, hospitals and towers) and residential buildings (such as apartment buildings, townships and facility homes) require central heating or cooling systems to maintain acceptable indoor temperature and air quality. In marine environment, humidity and temperature regulation is a must for safe habitation. Glass insulation is also used to reduce noise pollution. This is a major requirement in hospitals and living facilities for seniors and assistance-requiring people to create a more environmentally-sustainable building.
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Use of low-emission (low-e) insulated glass depends upon its thickness. Argon-filled insulated glass is used when increased thermal performance is required in glass insulation. Laminated glass is employed in houses for windows, doors, skylights etc. They are also used for security purposes (glass that resists repeated blows); safety purposes (sliding doors, double-hung or awning windows); sound control; UV protection, etc. Dual seal silicone insulated glass unit is resistant to weather changes and offers properties such as condensation control, lower maintenance, sound absorption, and low damage from UV rays.
Glass Insulation Market Trend
Companies operating in the glass insulation market are adopting strategies such as product innovation to gain advantage over competitors. They are also focusing on R&D activities to develop existing products. Vertical integration and acquisition of made-small enterprise companies are the key strategies taken in order to optimize their operations and productions process, enabling cost and time saving for the company.
Usage of glass insulation in non-residential application is expected to rise significantly in the near future. This growth is supported by changes in building codes for increased energy efficiency. Europe is the largest car manufacturer in the word. These factors are expected to boost the glass insulation market in non-residential applications.
Based on application in end-use industry, the glass insulation market can be segmented into non-residential construction, residential construction, industrial, and HVAC. Based on material type, the glass insulation market can be segmented into low-e insulated glass, argon-filled insulated glass, dual seal silicone insulated glass unit, and laminated glass.
Glass Insulation Market: Region-wise outlook
In terms of consumption, Asia Pacific leads the global glass insulation market. China is the key consumer of glass insulation products in the region. Growth in Asia Pacific glass insulation market is led by rise in population, high disposable income of consumers, and increase in demand for ecological construction. Availability of key raw materials and energy efficiency policies implemented by governments of countries such as China, Japan, and India are also driving the glass insulation market in Asia Pacific. In terms of production, North America is a dominant region in the global glass insulation market due to the presence of major manufacturers in the U.S.
Glass Insulation Market: Key Players
Prominent players operating in the glass insulation market include Owens Corning, Nippon Sheet Glass Co. Ltd., Johns Manville, Knauf Insulation, PPG Industries Inc., Certain Teed Corporation, Pittsburgh Corning Corporation, Arabian Fiberglass Insulation Co. Ltd., Saint-Gobain ISOVER and Glassolutions Saint-Gobain.
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