Global Glass Insulation Market Forcast

Bharat Book Bureau provides the report, on “Global Glass Insulation Market Forcast”. https://www.bharatbook.com/materials-chemicals-market-research-reports-785553/glass-insulation-type-application-region-global-forecast.html This research report categorizes the global Glass Insulation market on the basis of type, application and region.

Bharatbook.com announces a report on “Global Glass Insulation Market Forcast”. This growth is mainly triggered by the increasing demand for glass insulation from applications.

The global glass insulation market is projected to grow at a CAGR of 7.6%, in terms of value, from 2016 to 2021

The global glass insulation market is projected to reach USD 58.71 billion by 2021, at a CAGR of 7.6% from 2016. The growth of this market is driven by the growing demand for energy-efficient products from the construction industry.

The insulating glass units segment is the fastest-growing

The demand for insulating glass units is rising due to various regulations related to the usage of energy-saving materials in buildings. Governments in developed as well as developing countries are laying these regulations.

The non-residential construction segment is the fastest-growing

The demand for non-residential construction is rising due to the increasing construction activities of green buildings and regulations laid down by governments of various countries related to energy-efficient buildings. New offices, hotels, and hospitals are using glass insulation products as building materials.

The Asia-Pacific region led the global glass insulation market

The Asia-Pacific glass insulation market is projected to grow at the highest CAGR during the forecast period. This growth is mainly triggered by the increasing demand for glass insulation from applications, such as non-residential construction and residential construction. China, Japan, and India are the leading countries in the Asia-Pacific glass insulation market.

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