Global Vacuum Insulated Glass Market to Reach Around US $7 Billion by 2026
2018-09-25
The global vacuum-insulated glass market for building and construction was valued at more than US $4.5 billion in 2017 and is anticipated to expand at a CAGR of more than 4 percent from 2018 to 2026, according to a new report published by Transparency Market Research, “Vacuum Insulated Glass for Building & Construction - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018-2026.”
Expansion in the global vacuum-insulated glass market for building and construction is driven by the rise in demand for energy-efficient buildings, popularly known as green buildings. In terms of volume, the vacuum-insulated glass market for building and construction in Asia Pacific is expected to expand at a CAGR of more than 5 percent during the forecast period. Implementation of strict government regulations on carbon emissions is likely to propel the vacuum-insulated glass market for building and construction. Heating and cooling of buildings requires large amount of energy. The usage of insulated glass units is expected to significantly reduce the heating and cooling consumption and thereby lower CO2 emissions associated with it.
LandVac Fully Tempered Vacuum Insulated Glass excels in thermal insulation, with a U-value as low as 0.4 W/(m2•K), certified by the international authoritative testing organization Ift. Since LandVac’vacuum chamber eliminates any gas heat transfer, the thermal insulation performance of LandVac is 2 to 4 times better than insulated glass and 6 to 10 times than single pane glass.
