Global Vacuum Insulated Glass for Building & Construction Market Insights, Forecast to 2025

Published - Aug 2018 | Category - Chemical & Material | No. of Pages - 92 | Published By - Global QYResearch

The Vacuum Insulated Glass for Building & Construction market has been experiencing steady growth graph since past years. During the 2017-2025 timeline, the global market for Vacuum Insulated Glass for Building & Construction is expected to reflect a 1.4x increase in the revenue growth. In 2017 the global Vacuum Insulated Glass for Building & Construction market was valued at US$ 4,503 Mn and by the end of the assessment year (2025), it is estimated to touch a value more than US$ 6,310 Mn growing at a value CAGR of 4.31% throughout the period of forecast.

Global Vacuum Insulated Glass for Building & Construction Market: Market Driver and Restraint

Implementation of stringent government laws regarding carbon emissions and rise in demand for green buildings are boosting the vacuum insulated glass market for building and construction. Heating and cooling devices used indoors release harmful gases such as carbon dioxide in the environment. Vacuum insulated glass is highly stable and non-reactive to the ambient environment. It is an alternative energy source for light and temperature stability. Vacuum insulated glass is a prominent building material that helps save energy. However, the presence of just a few key players and fragmentation of the vacuum insulated glass market are likely to hamper the demand for vacuum insulated glass.


 

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