The global growth trend of China's insulating glass equipment market
Insulated glass is a high-efficiency sound insulation made by using two (or three) pieces of glass through insulating glass equipment, using a high-strength and high-airtight composite adhesive to bond the glass pieces to an aluminum alloy frame containing a desiccant. Insulated glass. The insulating glass equipment market is segmented on the basis of material (glass, frame and sealing strips, sealants), application (doors, windows, curtain walls), sealing strips (less than 10 mm, 10 mm to 12 mm, greater than 12 mm), and region.
Insulated glass is used in windows, doors, curtain walls and other areas. Both the construction and infrastructure sectors are heavily promoting insulating glass. The demand for insulated glass is growing at a significant rate due to its energy-saving properties, which helps reduce energy consumption.
However, amid the impact of the global environment, the demand for insulating glass will drop sharply before 2021, and will show explosive growth thereafter. The global insulating glass equipment market size is expected to grow from US$21.4 billion in 2020 to US$27.4 billion in 2025, at a CAGR of 5.0% during the forecast period.
Europe is the largest insulating glass market and the trend is expected to remain unchanged during the forecast period. Rising energy consumption, costs, legislative building compliance requirements and the need to manage greenhouse gas emissions are driving the growth of insulating glass equipment products. Furthermore, government initiatives on green and energy-efficient buildings have made insulating glass a very prominent option among contractors, boosting market growth in Europe.
