Architectural Glass Market Size, Share, Growth, and Industry Analysis, By Type (Low-e, Special, Others), By Application (Residential Buildings, Commercial Buildings, Industrial Buildings), Regional Insights and Forecast to 2031

Updated On: 15 April 2024

Architectural Glass Market Report Overview

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The global architectural glass market size was USD 69930 million in 2020. As per our research, the market is expected to reach USD 110250 million in 2027, exhibiting a CAGR of 6.8% during the forecast period. The global COVID-19 pandemic has been unprecedented and staggering, with architectural glass market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market growth and demand returning to pre-pandemic levels once the pandemic is over. 

Construction Glass, also called architectural glass is used as a building material. It is most normally used as transparent glazing material in the building envelope, including windows in the external walls. Glass is also used for internal partitions and as an architectural feature. When used in buildings, glass is often of a safety type, which includes reinforced, toughened and laminated glasses. Increasing reputation of green buildings that use energy-efficient architectural glass to reduce power consumption and greenhouse gas emissions. Architectural glass is made of high-quality materials and planned to provide excellent transparency, energy efficiency, and durability. It is commonly used in commercial and residential buildings for insulation, aesthetic appeal, and to control the flow of natural light it is a popular choice for modern architecture. Low emissivity (Low-e) glass is manufactured using silica, which gives it a low rate of transmission of infrared radiation or heat back to the surface.

Special is a term used for glass that has been treated or coated to improve its properties such as thermal, electrical, or optical. It can also be used for colour and laminated glasses. The growing demand for energy-efficient buildings is mounting up the usage of architectural glass, as it helps moderate energy consumption through improved insulation. The development of advanced technologies, such as coatings, laminates, and tempered glass, is motivating the growth of the architectural glass market. Participants are fixing their efforts on encouraging R&D. Manufacturers need to stay updated with changing market trends and develop products that meet growing consumer needs. Technological development are supporting the regional market growth. Companies coming up with progressive technological solutions for firming their positions.

COVID-19 Impact:  Pandemic hampered the market due to unexpected disruption in the sector

COVID- 19 pandemic has extremely affected the whole world. It caused many unexpected disruption and affected the industry. COVID- 19 had negative impact on the market due to economic slowdown, unpredictability in financial sector and high unstable market. The pandemic resulted in decreased demand due to a disrupted supply chain, drop in sales of products, delivery schedules. Travel bans imposed affected business collaboration and partnership. Demand had recently reduced due to travel bans and lockdown during the COVID-19 pandemic. The continuous loss in the business due to the lockdown measures is projected to directly influence the growth of the investments in the market.

Latest Trends

"Use of innovative products to boost the market growth "

Technological improvement and development will further enhance the presentation of the product, allowing it to obtain a varied range of requests in the market. Technological advancement will improve performance and propel the market growth. Technological advancement with high demand are increasingly setting a force to increase the productivity. Some players focus on product improvement to meet consumer requirements and likings. Constant innovation in manufacturing of products is anticipated to stimulate product demand.

Architectural Glass Market Segmentation

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• By Type Analysis

According to type, the market can be segmented into low-e, special, others.

Special will capture the maximum market share through forecast period.

• By Application Analysis

According to application, the market can be segmented into residential buildings, commercial buildings, industrial buildings.

Architectural glass market players cover segment as commercial buildings will dominate the market share during forecast period.

Driving Factors

"Rising urbanization are ascribing towards growing construction activity which is boosting the market growth"

The rising urbanization is contributing to the growing construction activities across the world. Special glass finds application in architectural applications including windows, curtain walls, and facades where it enhances the overall appearance of the structure while providing insulation and acoustic benefits. The increasing necessity of commercial buildings for offices, workstations, labs is anticipated to directly aspect towards the development in the construction industry.

"Technological advancement and development to upsurge the market"

Technological advancements and innovation activate unique revenue augmenting opportunity which will upsurge the architectural glass market growth. Growing investment in research and development activities and growing awareness about benefits are expected to deliver profitable opportunities for the market. Technological advancements in the manufacturing of architectural glass results in superior quality products with better thermal protection and aesthetic appeal.

Restraining Factors

"High cost to hamper the market growth"

High cost is hampering development of architectural glass market. The cost of using this technology is high for incorporation into the industry which is depleting the market growth. Technical difficulties will reduce the industry revenue.

Architectural Glass Market Regional Insights

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"Asia Pacific to dominate the region due to rapid urbanization"

Asia Pacific is further expected to witness growth in the architectural glass market share. The region is dominating the market due to rapid urbanization combined with increasing foreign investments through numerous sectors containing the construction sector, manufacturing sector, and retail sector. The rising inhabitants and increasing income levels are also contributing to the development of the market. Upsurge in investments by key market players for the R&D undertakings and enlargement of their production abilities and product portfolios are projected to upsurge the growth. The expansion of regional market is being aided by technological developments. The surge in necessity for energy efficiency and the rise in building renewals in the former few years are generating business opportunities for architectural glass in the region.

Key Industry Players

"Key players focus on partnerships to gain competitive advantage"

The key players are dynamically contributing in strategic events that are aimed at maintaining strong market position and increasing market share by merger, partnerships and others. Key players are motivated to introduce new innovative products. They are spending severely on research and development in order to arise with more new technology so that they can maintain and improve their existing market. The market changes are dynamic such as market expansion, partnership and merger.

List of Market Players Profiled

• Saint-Gobain S.A (France)
• Guardian glass (U.S.)
• Shahe Glass (China)
• Taiwan Glass (Taiwan)
• PPG Industries (U.S.)

Report Coverage

The report provides scrutiny and information according to market sectors. Business overview, financial overview, product portfolio, new project launch, recent development enquiry are the factors included in the profile. The report incorporates completely examined and appraised evidence of the noticeable players and their position in the market by methods for various descriptive tools. The report covers national and regional level market size and forecast. The report gives businesses the facility to research new prospect in many areas. The report shows to be an operational tool that players can use to gain a competitive superiority over their opponents and ensure lasting achievement in the market. The growth and trends of architectural glass industry provide a universal approach to this study.