A professional organization has issued a forecast report on the insulating glass window market. It is estimated that the insulating glass window market will grow to 16.2 billion U.S. dollars in 2025 and 12.8 billion U.S. dollars in 2020. Currently, residential buildings use a three-story or double-layer window system with a thermal resistance value of about 5. There are also other types of hollow glass windows in residential buildings, such as Low-E hollow glass windows and double-sealed silicone rubber hollow glass windows.
The spacers analyzed in the report include silicone rubber spacers, structural foam spacers, composite spacers and warm edge strips. These spacers are non-metal spacers and mainly provide thermal efficiency for hollow glass windows. This factor is estimated to promote the growth of the insulating glass window market during the forecast period.
According to the type of sealant, silicone sealant is expected to dominate the global insulating glass window market. The unique combination of organic and inorganic chemical substances in silicone sealants forms stable organic materials, showing excellent chemical structure and inherent properties, making these sealants suitable for various applications, such as hollow glass windows, including sealants, Structural glass sealant, waterproof sealant in hollow glass window or IGU and sealant in inflatable hollow glass window. These factors have driven the demand for silicone sealants in the insulating glass window market.
In terms of value, the insulating glass window market in the Asia-Pacific region is expected to grow at the highest compound annual growth rate during the forecast period. Increased investment in the commercial construction sector and government support for the use of insulating glass windows in commercial buildings will promote the Asia-Pacific region to become the fastest growing insulating glass window market. In addition, the existence of insulating glass window manufacturers is expected to promote the development of the insulating glass window market in the Asia-Pacific region.
