Global Double Glazing Glass Market: Key Highlights
Global Double Glazing Glass Market: Key Market Dynamics
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Global Double Glazing Glass Market: Regional Overview
North Americais anticipated to witness prominent growth in double glazing glass market owing to rising awareness regarding green buildings coupled with ongoing innovation and construction industry. According to U.S. Census Bureau, in May 2020 USD 1,001,209 million was spent on private constructions. The infrastructure investment and smart city projects are contributing towards the growth of the market. Additionally, the growing renovation activities of old buildings and improve its energy efficiency in the U.S. have expected to surge the demand for double glazing glass market in the region
Europe is anticipated todominate the growth in double glazing glass market during the forecasted period. This has attributed by rising energy consumption and cost, the requirement for legislative building compliance, and need to manage the greenhouse gases. Furthermore, government initiative for green building and energy-efficient performance has surged the double glazing glass as a prominent choice amongst contractors has expected to boost the demand in the region. For instance, according to the World Green Building Council, in June 2018, 37 major European banks launched a new energy efficiency mortgage pilot scheme to develop green lending products.
Global Double Glazing Glass Market: Key Players Overview
Clayton Glass Ltdis one of the leading glass manufacturers in the region and IGU supplier. The company operates through insulated glass units, specialist products, smartglass, and composite door glass business segment.SMARTGLASS is one of the market-leading conservatory wall and roof glazing brand. In November 2019, Clayton Glass Ltd acquired services, business and manufacturing capabilities of Nottinghamshire-based glass manufacturer, Global Glass, from Aperture Trading Limited. This acquisition will help to increase sales level, manufacturing capacity and geographical reach.
Saint-Gobain is engaged in designing, manufacturing, and distributing materials & solutions. The company has a strong global presence and operates in more than 68 countries across the globe. Saint-Gobain is one of the leaders in providing sustainable housing solutions. The company operates through construction, building distribution, transport, general manufacturing & industry, and healthcare & life science business segments. CertainTeed, Gyproc, ISOVE, JWESON, and among others are some of the leading product brands of Saint-Gobain.
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