Vacuum Insulated Glass Market for Building & Construction - Global Industry Analysis, Size, Share, G
Vacuum Insulated Glass Market - Snaoshot
The global vacuum insulated glass market for building & construction is expected to expand at a moderate pace driven by the increase in demand for the glass in the energy-efficient building industry. The vacuum insulated glass market for building & construction was valued more than US$ 4.5 Bn in 2017 and is projected to expand at a CAGR of more than 4% during the forecast period. 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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