Views: 2 Author: Site Editor Publish Time: 2018-10-20 Origin: China glass network
With the slowdown in world economic growth, the Construction Glass industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Construction Glass market size to maintain the average annual growth rate of 4.84% from $40033 Million in 2014 to $45833 Million in 2017, market research analysts believe that in the next few years, Construction Glass market size will be further expanded, we expect that by 2022, The market size of the Construction Glass will reach$53140 Million.
The use of glass in the construction of buildings is expected to reduce CO₂ emissions considerably. Double-glazed facades combine low-E and solar control properties, which help to avoid heat loss in winter and prevent excessive heat in summers. Additionally, clear glass also helps to ensure that natural light penetrates internal spaces, thus reducing the need for artificial lighting. These properties of construction glass, coupled with the growing demand for energy efficient buildings, will significantly fuel the growth of this global market in the coming years.
Rapidly growing construction of green buildings is one of the latest trends that will gain traction in the Construction Glass Market in the coming years. Glass is increasingly being used by building engineers and architects to construct and design passive or low energy buildings, which qualify as green buildings. Owing to its several features, energy-efficient glass such as low-E glass will play a significant role in the construction of green buildings, which will subsequently fuel market growth.
Major Key Players:
2. Guardian glass
3. Saint-Gobain S.A
5. Shahe Glass
8. PPG Industries
Market segment by Regions/Countries, this report covers:
1. North America Country (United States, Canada)
2. South America
3. Asia Country (China, Japan, India, Korea)
4. Europe Country (Germany, UK, France, Italy)
5. Other Country (Middle East, Africa, GCC)