Market Forecast By Coating (Hard Coat, Soft Coat), By Glazing (Single Glazing, Double Glazing, Triple Glazing), By Application (Building & Construction, Automotive, Solar Panel) And Competitive Landscape
Product Code: ETC4571089 | Publication Date: Jul 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 300 | |
The South Africa Energy Efficient Glass market report thoroughly covers the market by Coating, Glazing, and Application. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The South Africa energy efficient glass market is experiencing significant growth and is expected to continue growing in the coming years. This can be attributed to the increasing focus on sustainable practices and the need for energy-efficient solutions in the country.
According to 6Wresearch, the South Africa Energy Efficient Glass Market size is projected to rise at a CAGR of 7.5% during the forecast period of 2024-2030. One of the major drivers of this market is the growing awareness about energy conservation and its impact on the environment. With rising concerns about climate change, there has been a shift towards using more sustainable materials and technologies, including energy-efficient glass.ย Additionally, government initiatives and regulations promoting sustainable building practices have also contributed to the demand for energy-efficient glass in South Africa. Rising energy costs and government initiatives promoting the use of energy-efficient materials are also contributing to the growth of this market.
The South African government has implemented various policies and programs to encourage businesses and individuals to adopt energy-efficient practices, which is expected to boost the demand for energy-efficient glass in the country.However, the high cost of energy-efficient glass and the lack of consumer awareness about its benefits are some challenges faced by this market. The initial investment required for installing energy-efficient glass can be a deterrent for many consumers, especially in a price-sensitive market like South Africa. Moreover, there is still a lack of knowledge among consumers about how energy-efficient glass can significantly reduce energy consumption and costs in the long run.
One of the key players in the South Africa energy efficient glass market is Saint-Gobain, a French multinational corporation that specializes in producing and distributing construction materials. The company offers a wide range of energy efficient glass products, including low-E (low emissivity) glass and solar control glass. Another major player in the market is PPG Industries, an American multinational corporation that produces a variety of energy efficient glass products under its brand "SUNGATE." These products are designed to reduce energy consumption and improve thermal insulation. Other prominent players in the market include AGC Glass Europe, Asahi India Glass Limited, Guardian Glass, Nippon Sheet Glass Co., Ltd., and Sisec.
The government of South Africa has taken a number of initiatives to promote the use of energy efficient glass in buildings. One such initiative is the "Energy Efficiency Strategy for the Republic of South Africa," which aims to achieve a 12% reduction in energy consumption by 2015 through various measures, including promoting energy efficient buildings and appliances. Additionally, the Department of Energy has introduced a rebate scheme for energy efficient building materials, including glass, to incentivize their use in construction projects. Furthermore, the South African National Standard (SANS) has set minimum requirements for energy efficiency in buildings, which includes the use of energy efficient glass. These government initiatives are expected to drive the demand for energy efficient glass in the country.
The South Africa energy efficient glass market is expected to experience significant growth in the coming years due to various factors. The rise in construction activities and the increasing demand for green buildings are likely to drive the demand for energy efficient glass in the country. Moreover, with rising energy costs, there is a growing awareness among consumers about the benefits of using energy efficient glass, which is expected to further boost the market growth. The development of new technologies and advancements in energy efficient glass products, such as self-cleaning and solar control glass, are also expected to drive the market forward. Additionally, initiatives by the government and other organizations towards promoting sustainability and reducing carbon emissions are likely to contribute to the growth of the energy efficient glass market in South Africa.
According to Ravi Bhandari, Research Head, 6Wresearch, the hard coat segment is leading and dominating the market. This can be attributed to the durability and damage resistance of hard coat, making it suitable for usage in both construction and automotive sectors.
In terms of glazing, double glazing is the most widely used in South Africa. Double glazed windows offer better insulation and energy efficiency compared to single glazing, and are expected to continue their growth in the coming years.
The building & construction sector is driving the demand for energy efficient glass in South Africa. With the government's emphasis on green building and energy efficiency, the demand for energy efficient glass in this sector is expected to continue growing.
The report provides a detailed analysis of the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 South Africa Energy Efficient Glass Market Overview |
3.1 South Africa Country Macro Economic Indicators |
3.2 South Africa Energy Efficient Glass Market Revenues & Volume, 2020 & 2030F |
3.3 South Africa Energy Efficient Glass Market - Industry Life Cycle |
3.4 South Africa Energy Efficient Glass Market - Porter's Five Forces |
3.5 South Africa Energy Efficient Glass Market Revenues & Volume Share, By Coating, 2020 & 2030F |
3.6 South Africa Energy Efficient Glass Market Revenues & Volume Share, By Glazing, 2020 & 2030F |
3.7 South Africa Energy Efficient Glass Market Revenues & Volume Share, By Application, 2020 & 2030F |
4 South Africa Energy Efficient Glass Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 South Africa Energy Efficient Glass Market Trends |
6 South Africa Energy Efficient Glass Market, By Types |
6.1 South Africa Energy Efficient Glass Market, By Coating |
6.1.1 Overview and Analysis |
6.1.2 South Africa Energy Efficient Glass Market Revenues & Volume, By Coating, 2020 - 2030F |
6.1.3 South Africa Energy Efficient Glass Market Revenues & Volume, By Hard Coat, 2020 - 2030F |
6.1.4 South Africa Energy Efficient Glass Market Revenues & Volume, By Soft Coat, 2020 - 2030F |
6.2 South Africa Energy Efficient Glass Market, By Glazing |
6.2.1 Overview and Analysis |
6.2.2 South Africa Energy Efficient Glass Market Revenues & Volume, By Single Glazing, 2020 - 2030F |
6.2.3 South Africa Energy Efficient Glass Market Revenues & Volume, By Double Glazing, 2020 - 2030F |
6.2.4 South Africa Energy Efficient Glass Market Revenues & Volume, By Triple Glazing, 2020 - 2030F |
6.3 South Africa Energy Efficient Glass Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 South Africa Energy Efficient Glass Market Revenues & Volume, By Building & Construction, 2020 - 2030F |
6.3.3 South Africa Energy Efficient Glass Market Revenues & Volume, By Automotive, 2020 - 2030F |
6.3.4 South Africa Energy Efficient Glass Market Revenues & Volume, By Solar Panel, 2020 - 2030F |
7 South Africa Energy Efficient Glass Market Import-Export Trade Statistics |
7.1 South Africa Energy Efficient Glass Market Export to Major Countries |
7.2 South Africa Energy Efficient Glass Market Imports from Major Countries |
8 South Africa Energy Efficient Glass Market Key Performance Indicators |
9 South Africa Energy Efficient Glass Market - Opportunity Assessment |
9.1 South Africa Energy Efficient Glass Market Opportunity Assessment, By Coating, 2020 & 2030F |
9.2 South Africa Energy Efficient Glass Market Opportunity Assessment, By Glazing, 2020 & 2030F |
9.3 South Africa Energy Efficient Glass Market Opportunity Assessment, By Application, 2020 & 2030F |
10 South Africa Energy Efficient Glass Market - Competitive Landscape |
10.1 South Africa Energy Efficient Glass Market Revenue Share, By Companies, 2023 |
10.2 South Africa Energy Efficient Glass Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |