Spandrel Glass Market Size, Share, Growth, and Industry Analysis by Type (Ceramic Frit, Silicone Coated, Other Types), By Application (Commercial Building, Residential Building, Public Building, Others), Regional Insights, and Forecast To 2031

Updated On: 01 April 2024

Spandrel Glass Market Report Overview

• 
• Request a Free sample to learn more about this report

The global spandrel glass market size is expected to be USD 2396.6 million in 2021 and is projected to touch USD 3411.15 million by 2031, at a CAGR of 4.0% during the forecast period.

The parts between floors in multi-story buildings where building elements are housed are known as spandrels. The glass encompassing the spandrel sections is alluded to that as spandrel glass when a structure has a smooth complete glass facade. Although spandrel glass can be used on the outside of a structure, it is typically heat treated and insulated to guarantee that it has qualities similar to those of an actual wall. Spandrel glass does indeed have interior and exterior applications. Interior glass is exempt from these requirements. The reflecting nature of glass frequently contributes to its ability to conceal the area behind it.

Spandrel is a translucent glass product made for applications other than eyesight. This eco sustainable water-based silicone coating from ICD High Efficiency Coatings + Chemistries is frequently applied to the building facade to hide mechanical components, insulation, slab ends, and certain other unsightly construction elements. It is a non-visual application that is intended to be opaque in order to help conceal the areas in between floors of the building, comprising insulation, vents, wires, slab ends, and mechanical equipment, in contrast to vision glass, that is meant to be transparent.

COVID-19 Impact: Supply and Demand Chain Were Disrupted Due to Restrictions Imposed

The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden spike in CAGR is attributable to demand returning to pre-pandemic levels once the pandemic is over.

The sudden emerging of pandemic which brought about lockdown, as the disease entered several industries value and supply chains, including the spandrel glass market. It caused some of the industries to slow down their activities, the industrial venture of many companies came to halt their work in 2021. This happening negatively hampered the spandrel glass market growth till 2021. Owing to the brighter side the rule out of the restrictions imposed and relaxation to lockdown stirred up the spandrel glass market growth. Augmenting the requirement from construction, electronics, and telecommunication industries is boosting the spandrel glass market share.

LATEST TRENDS

"Increasing Use in Facade and Curtain Wall Applications to Propel the Market Growth"

Despite vision glass, that is intended to be translucent, spandrel glass is a kind of non-visual application that is made to be obscure in order to help conceal objects such as insulation, vent, wire, slab ends, and mechanical equipment in the spaces between floors of a structure. Glass facades are used on buildings not only to enhance its beauty but also to shield the structure from the damaging impacts of cold, heat, and rain. It is crucial in providing fire protection and soundproofing the building. A professionally planned and implemented facade insulation system can cut heat loss from a building by far more than 50%. Quality spandrel insulation also stops noise from noisy urban areas from penetrating glass facade buildings.

Spandrel Glass Market Segmentation

• 
• Request a Free sample to learn more about this report

• By Type

Based on type; the spandrel glass market is divided into ceramic frit, silicone coated and others.

Ceramic frit is the leading part of the type segment.

• By Application

Based on the application; the spandrel glass market is divided into commercial building, residential building, public building and others. Commercial building is the leading part of the application segment.

DRIVING FACTORS

"Rising Construction" "Industry" "Globally to Drive the Market Demand "

The construction sector is constantly changing and growing. Every year, emerging innovations in the sector arise as a result of developments in technology and a sharper emphasis on sustainability. Numerous trends that are emerging in the world's marketplace are being reflected in the rising building sector. The forecasts for the expansion of the construction industry are as encouraging as ever. The major construction sectors of residential house building works, non-residential housing structure, infrastructure emphasis on building, land sub - division, and massive engineering construction are all undergoing significant change due to their respective sets of trends and problems, which will have a significant impact on the future course of construction companies.

"Growing Popularity Of Energy-Efficient Buildings To Fuel Up  The Market Growth"

Under the influence of both customer and regulatory demand, construction projects are concentrating on sustainable infrastructure. In order to reduce the environmental impact of infrastructure projects, it is becoming more and more popular to use eco-friendly construction equipment and stay away from products that contain volatile organic compounds. Additionally, growing is the use of sustainable building techniques and certification. Future sustainable cities would greatly benefit from the use of energy-efficient building strategies during both construction and operation.

RESTRAINING FACTORS

"Deterioration and Corrosion Caused to Expel the Market Share"

Because they are installed on the exterior of the building, spandrel glass is frequently more vulnerable to humidity than floor beams, which causes the steel reinforcing them to corrode or deteriorate. Reconstruction costs are high as a consequence of asphalt cracking and chewing.

Spandrel Glass Market Regional Insights

• 
• Request a Free sample to learn more about this report

"North America Region to Lead the Market with Presence of Voluminous Construction Activities"

Throughout the anticipated time frame, North America's market for is anticipated to expand quickly. The market is expanding as a result of the region's rising need for structures that are both energy-efficient and aesthetically beautiful. In addition, the market is expanding as a result of the expanding construction industry. In the past several years, there has been a noticeable increase in both the region's development activities as well as the need for the glass in the building and construction industry, however resulting in the spandrel glass market growth in the region.

 KEY INDUSTRY PLAYERS

"Key Industry Players to Promote the Market Expansion"

The market's expansion was significantly impacted by the techniques employed by market participants in recent years, such as extensions. The report covers details and information about the firms and their interactions with the market. The data is gathered and published through appropriate research, technological advancements, expansions, and expanding machinery and equipment. Other considerations taken into account for this market are the businesses that develop and provide new products, the geographic areas in which they function, mechanization, innovation strategies, generating the maximum revenue, and using their products to make a significant difference.

List of Market Players Profiled

• Asahi Glass Co. (Japan)
• NSG Group (Japan)
• Guardian Glass,LLC (U.S.)
• Saint-Gobain (France)
• Taiwan Glass (China)
• Viracon (U.S.)
• Trulite Glass & Aluminum Solutions (U.S.)
• Vitrum Glass Group (Canada)
• Toro Aluminum Group of Companies (Canada)
• J.E. Berkowitz (U.S.)
• Padiham Glass Ltd (U.K.)
• Northwestern Industries (U.S.).

REPORT COVERAGE

This report covers a comprehensive backdrop analysis, an assessment of the parent market, intensive study in the market dynamics. Past historical, current, and projected size of the market from the point of both value and volume. Researching  of recent industry developments,  deep study on market shares and strategies of major players and the emerging niche segments and regional market areas are covered in the report.