The global energy-saving glass market is expected to reach 41.79 billion US dollars in 2027.
In 2018, the global energy-saving glass market accounted for 23.2 billion US dollars, and it is expected to reach 41.79 billion US dollars in 2027, with a compound annual growth rate of 6.8% in the forecast period.
The growing prosperity of green buildings is promoting the development of energy-saving glass market. However, the lack of raw materials and recycling are hindering its development.
More and more attention has been paid to energy dialogue and global warming, which has promoted the development of energy-saving glass. Energy-saving glass is used to reduce ultraviolet and infrared rays entering buildings. Glass does not affect the total amount of light entering the building. Energy-saving glass consists of nano-coatings that reflect light, and these coatings ensure the temperature of buildings or rooms.
As far as glass is concerned, it is expected that there will be a huge demand for three-layer energy-saving glass as construction contractors shift from double-layer glass to three-layer energy-saving glass. Three-layer energy-saving glass has better low emissivity. Geographically, due to the increase of disposable income, urbanization and population growth, the demand of Asia-Pacific region is very large, which has promoted the growth of energy-saving glass market in this region.