Market Forecast by Countries (United States, Canada), 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: ETC4623754 | Publication Date: Jul 2023 | Updated Date: Aug 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 300 | |
Report Name | North America Energy Efficient Glass Market |
Forecast period | 2024-2030 |
CAGR | 9% |
Growing Sector | Building & Construction Sector |
The North America Energy Efficient Glass Market thoroughly covers the market by Countries, By Coating, By Glazing, and By 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 North America Energy Efficient Glass Market is expected to show significant growth due to increasing awareness and government initiatives for energy conservation. The market is driven by trends like advancements in glass technology and growing utilization in sectors such as building & construction, automotive, and solar panels. Furthermore, the rise in demand for energy-efficient materials and the growing need for sustainable building practices are set to steer the market towards a promising path. Additionally, the increasing government efforts towards enhancing energy efficiency is also contributing to the growth of the energy efficient glass market in North America.
According to 6Wresearch, the North America Energy Efficient Glass Market size is expected to grow at a significant CAGR OF 9% during the forecast period of 2024-2030. The Energy Efficient Glass Market in North America is experiencing rapid growth, driven by the increasing need for energy conserving building and automotive solutions and improving housing and commercial infrastructure. With the development of advanced coating and glazing technologies, the demand for energy efficient glass in North America is expected to surge. Additionally, significant strides in the construction and automotive industry and increasing demands for sustainable and energy saving materials will likely contribute further to the market growth. The increasing emphasis on distinctive architectural designs and the escalating need for energy efficient building materials are also expected to boost market growth. Furthermore, government initiatives and campaigns for promoting the use of energy efficient glass technologies are also expected to drive the market in North America.
Despite the promising growth prospects for the North America Energy Efficient Glass Market, certain challenges like the necessity for continuous research and development and the need for higher initial investment may obstruct its progress. However, with ongoing advancements in the design field and the increasing realization of the importance of energy efficiency, these challenges are expected to be mitigated in the future. The leading players in this region are continuously focusing on improving the coating and glazing technology's effectiveness to cater to the growing demand for energy efficient materials.
The North American energy-efficient glass industry features several leading players, including Guardian Glass, Saint-Gobain, and AGC Inc., which are recognized for their innovative glass solutions that enhance energy efficiency in buildings. Additionally, companies like PPG Industries and Vitro Architectural Glass contribute significantly with advanced technologies such as low-emissivity (low-E) coatings and smart glass products. These industry leaders are driving growth through continuous research and development, strategic partnerships, and a strong focus on sustainability and environmental impact reduction.
The energy efficient glass market in North America is influenced by a range of government regulations aimed at ensuring energy efficiency, environmental protection, and safety. Key regulations include the U.S. Environmental Protection Agency (EPA) standards for air quality and emissions, which impact manufacturing processes, and the Occupational Safety and Health Administration (OSHA) guidelines that ensure safe working conditions. Additionally, building codes such as those from the International Code Council (ICC) and the Leadership in Energy and Environmental Design (LEED) certification standards emphasize the use of sustainable and energy-efficient materials, thereby driving the adoption of energy efficient glass in construction projects. Compliance with these regulations is crucial for market players to operate effectively and meet industry standards.
The future of the North American energy-efficient glass market is poised for significant growth, driven by increasing demand for sustainable building solutions and stringent energy regulations. Technological advancements in smart glass and low-emissivity coatings are expected to enhance energy conservation and indoor comfort. Additionally, growing awareness of environmental issues and rising energy costs will likely propel the adoption of energy-efficient glass in both residential and commercial constructions. Enhanced focus on green building certifications and government incentives for energy-efficient upgrades will further support market expansion. Furthermore, the development of new applications for energy efficient glass in industries like aerospace and electronics is also expected to provide new growth opportunities in the future. Overall, the North America Energy Efficient Glass Market shows promising potential for growth and innovation in the years ahead. So, stakeholders should closely monitor market trends and evolving consumer demands to stay ahead of their competition and capitalize on emerging opportunities.
According to Ravi Bhandari, Research Head, 6Wresearch, United States is expected to lead the growth of the North America Energy Efficient Glass Market, driven by its large population and growing awareness about energy conservation. The country's strong focus on housing and commercial infrastructure, making it a key contributor to the market's growth.
In North America, among the different types of coatings, the soft coat is currently experiencing the most significant growth. This growth is driven by increasing demand for high-performing and energy-efficient glass, stringent architectural design requirements, and expanding applications in industries such as building & construction, automotive, and solar panels.
Triple glazing is expected to grow the most in the North American energy-efficient glass market. This is due to its superior insulating properties, which significantly reduce heat loss and improve energy efficiency compared to single and double glazing. As energy efficiency standards become more stringent and awareness of environmental sustainability increases, the demand for triple glazing is projected to rise, particularly in regions with extreme weather conditions where enhanced thermal performance is crucial.
The building & construction applications are expected to experience the most significant growth in the energy efficient glass market in North America. This growth is driven by increasing design pressures to improve energy efficiency and ensure a sustainable and distinctive look, coupled with growing awareness of design trends and the need for sustainable and energy efficient materials across residential and commercial sectors.
The report offers a comprehensive study of the subsequent 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 North America Energy Efficient Glass Market Overview |
3.1 North America Regional Macro Economic Indicators |
3.2 North America Energy Efficient Glass Market Revenues & Volume, 2020 & 2030F |
3.3 North America Energy Efficient Glass Market - Industry Life Cycle |
3.4 North America Energy Efficient Glass Market - Porter's Five Forces |
3.5 North America Energy Efficient Glass Market Revenues & Volume Share, By Countries, 2020 & 2030F |
3.6 North America Energy Efficient Glass Market Revenues & Volume Share, By Coating, 2020 & 2030F |
3.7 North America Energy Efficient Glass Market Revenues & Volume Share, By Glazing, 2020 & 2030F |
3.8 North America Energy Efficient Glass Market Revenues & Volume Share, By Application, 2020 & 2030F |
4 North America Energy Efficient Glass Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 North America Energy Efficient Glass Market Trends |
6 North America Energy Efficient Glass Market, 2020 - 2030 |
6.1 North America Energy Efficient Glass Market, Revenues & Volume, By Coating, 2020 - 2030 |
6.2 North America Energy Efficient Glass Market, Revenues & Volume, By Glazing, 2020 - 2030 |
6.3 North America Energy Efficient Glass Market, Revenues & Volume, By Application, 2020 - 2030 |
7 United States Energy Efficient Glass Market, 2020 - 2030 |
7.1 United States Energy Efficient Glass Market, Revenues & Volume, By Coating, 2020 - 2030 |
7.2 United States Energy Efficient Glass Market, Revenues & Volume, By Glazing, 2020 - 2030 |
7.3 United States Energy Efficient Glass Market, Revenues & Volume, By Application, 2020 - 2030 |
8 Canada Energy Efficient Glass Market, 2020 - 2030 |
8.1 Canada Energy Efficient Glass Market, Revenues & Volume, By Coating, 2020 - 2030 |
8.2 Canada Energy Efficient Glass Market, Revenues & Volume, By Glazing, 2020 - 2030 |
8.3 Canada Energy Efficient Glass Market, Revenues & Volume, By Application, 2020 - 2030 |
9 North America Energy Efficient Glass Market Key Performance Indicators |
10 North America Energy Efficient Glass Market - Opportunity Assessment |
10.1 North America Energy Efficient Glass Market Opportunity Assessment, By Countries, 2020 & 2030F |
10.2 North America Energy Efficient Glass Market Opportunity Assessment, By Coating, 2020 & 2030F |
10.3 North America Energy Efficient Glass Market Opportunity Assessment, By Glazing, 2020 & 2030F |
10.4 North America Energy Efficient Glass Market Opportunity Assessment, By Application, 2020 & 2030F |
11 North America Energy Efficient Glass Market - Competitive Landscape |
11.1 North America Energy Efficient Glass Market Revenue Share, By Companies, 2023 |
11.2 North America Energy Efficient Glass Market Competitive Benchmarking, By Operating and Technical Parameters |
12 Company Profiles |
13 Recommendations |
14 Disclaimer |