| Product Code: ETC4516820 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
In 2024, Hungary`s glass insulation market saw a decline in imports, with a growth rate of -25.86% compared to 2023. The compound annual growth rate (CAGR) for imports from 2020 to 2024 was -9.26%. This negative trend may be attributed to shifts in demand, possibly influenced by changing market dynamics or trade policies during this period.
Glass insulation products such as glass wool and fiberglass are widely used in building construction for thermal and acoustic insulation. In Hungary, the glass insulation market is driven by regulations promoting energy efficiency in buildings and reducing carbon emissions. Glass insulation materials offer advantages such as fire resistance, sound absorption, and long-term performance. The market growth is fueled by construction activities, renovation projects, and increasing awareness of sustainable building practices.
The Hungary glass insulation market is driven by factors such as energy efficiency regulations, building renovation initiatives, and demand for thermal and acoustic insulation solutions in construction and HVAC applications. Glass insulation products such as fiberglass batts, rolls, and boards offer advantages such as thermal performance, fire resistance, and sound absorption, enhancing indoor comfort, energy savings, and building sustainability. Moreover, advancements in insulation technology, sustainability standards, and building codes further stimulate market growth by driving the adoption of eco-friendly and high-performance glass insulation solutions in Hungary building industry.
Challenges in the Hungary glass insulation market include optimizing insulation performance and thermal efficiency for different building applications such as roofs, walls, and windows, addressing installation challenges and compatibility issues with different construction methods and materials, and meeting regulatory requirements regarding energy efficiency standards, building codes, and environmental certifications. Glass insulation manufacturers must focus on innovation, research, and development to develop new products and applications that meet these challenges and satisfy customer needs in the construction and building materials sectors.
Hungary government recognizes the importance of energy efficiency and environmental sustainability in the construction industry and supports the growth of the glass insulation market as part of its efforts to promote green building practices. Policies aim to create a conducive regulatory environment for glass insulation production and use, including standards for material performance, installation techniques, and building code compliance. Additionally, the government provides financial incentives and support programs for building developers, contractors, and homeowners to invest in glass insulation projects, including grants for energy retrofits, green building certification, and sustainable development initiatives. By promoting the use of glass insulation, the government aims to reduce energy consumption, lower carbon emissions, and enhance building comfort and affordability in Hungary.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Hungary Glass Insulation Market Overview |
3.1 Hungary Country Macro Economic Indicators |
3.2 Hungary Glass Insulation Market Revenues & Volume, 2021 & 2031F |
3.3 Hungary Glass Insulation Market - Industry Life Cycle |
3.4 Hungary Glass Insulation Market - Porter's Five Forces |
3.5 Hungary Glass Insulation Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Hungary Glass Insulation Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Hungary Glass Insulation Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing government regulations promoting energy efficiency and sustainable construction practices. |
4.2.2 Growing awareness about the benefits of glass insulation in reducing energy consumption and carbon footprint. |
4.2.3 Rise in construction activities, particularly in the residential sector, driving the demand for glass insulation products. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the production cost of glass insulation. |
4.3.2 Intense competition from other insulation materials like mineral wool or foam. |
4.3.3 Economic downturns affecting overall construction investments and demand for glass insulation products. |
5 Hungary Glass Insulation Market Trends |
6 Hungary Glass Insulation Market, By Types |
6.1 Hungary Glass Insulation Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Hungary Glass Insulation Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Hungary Glass Insulation Market Revenues & Volume, By Insulating Glass Unit, 2021-2031F |
6.1.4 Hungary Glass Insulation Market Revenues & Volume, By Glass Wool, 2021-2031F |
6.1.5 Hungary Glass Insulation Market Revenues & Volume, By Cellular Glass, 2021-2031F |
6.2 Hungary Glass Insulation Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Hungary Glass Insulation Market Revenues & Volume, By Non-Residential Construction, 2021-2031F |
6.2.3 Hungary Glass Insulation Market Revenues & Volume, By Residential Construction, 2021-2031F |
6.2.4 Hungary Glass Insulation Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.5 Hungary Glass Insulation Market Revenues & Volume, By HVAC, 2021-2031F |
7 Hungary Glass Insulation Market Import-Export Trade Statistics |
7.1 Hungary Glass Insulation Market Export to Major Countries |
7.2 Hungary Glass Insulation Market Imports from Major Countries |
8 Hungary Glass Insulation Market Key Performance Indicators |
8.1 Energy efficiency ratings of buildings in Hungary. |
8.2 Number of new residential and commercial construction projects using glass insulation. |
8.3 Adoption rate of green building certifications that promote the use of energy-efficient materials. |
8.4 Investment in research and development for innovative glass insulation products. |
8.5 Percentage of buildings undergoing retrofits to improve energy efficiency with glass insulation. |
9 Hungary Glass Insulation Market - Opportunity Assessment |
9.1 Hungary Glass Insulation Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Hungary Glass Insulation Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Hungary Glass Insulation Market - Competitive Landscape |
10.1 Hungary Glass Insulation Market Revenue Share, By Companies, 2024 |
10.2 Hungary Glass Insulation Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |