| Product Code: ETC4496845 | Publication Date: Jul 2023 | Product Type: Report | |
| Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India insulating glass window market import shipments demonstrated robust growth from 2020 to 2024, with a notable CAGR of 31.3%. The market showed accelerated expansion between 2023 and 2024, with a growth rate of 163.1%. Overall, the market exhibited strong momentum and a clear upward trend during the period.
The insulating glass window market in India has gained prominence as energy efficiency and architectural aesthetics become essential in building design. Insulating glass units (IGUs) provide superior thermal insulation, reducing energy consumption and enhancing indoor comfort. As India urbanizes and focuses on sustainable building practices, the demand for insulating glass windows has increased. The market has seen innovations in IGU technology, including low-E coatings and gas-filled cavities, to meet the requirements of energy-efficient and environmentally responsible building construction in India.
The India Insulating Glass Window Market is experiencing growth due to the rising construction activities in the country. Insulating glass windows provide improved energy efficiency and sound insulation, making them popular in both residential and commercial construction. As urbanization and infrastructure development continue, the demand for energy-efficient building materials, including insulating glass windows, is on the rise. Additionally, government initiatives promoting energy conservation are driving the market further.
The India insulating glass window market, although growing, faces various challenges. Energy efficiency is a primary concern, with the need for insulating glass to meet increasingly stringent building codes and standards. The industry must keep pace with these evolving requirements and continuously innovate to produce windows that offer superior thermal performance. Additionally, cost remains a significant challenge, as advanced insulating glass windows can be expensive, and customers may hesitate to invest in them. Supply chain disruptions and fluctuations in raw material prices can also affect the market`s stability. Manufacturers in this segment need to focus on product innovation, cost-effective production, and sustainable solutions to overcome these challenges.
The COVID-19 pandemic had a significant impact on the India insulating glass window market. The construction industry, a primary consumer of insulating glass, experienced a slowdown due to lockdowns and supply chain disruptions. Many construction projects were delayed or put on hold. However, as economic activities resumed, there was a renewed focus on energy-efficient and sustainable building practices, driving demand for insulating glass windows. Post-pandemic, the market is likely to see increased adoption as energy efficiency gains prominence in construction.
Key players in the India insulating glass window market comprise Saint-Gobain India Pvt. Ltd, Asahi India Glass Limited, and Sisecam Flat Glass India Pvt. Ltd. These companies specialize in providing high-quality, energy-efficient insulating glass solutions. Their emphasis on technological advancements and sustainable practices in the production of insulating glass windows solidifies their position in meeting the growing demand within the India construction and architectural sectors.
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 India Insulating Glass Window Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Insulating Glass Window Market Revenues & Volume, 2021 & 2031F |
3.3 India Insulating Glass Window Market - Industry Life Cycle |
3.4 India Insulating Glass Window Market - Porter's Five Forces |
3.5 India Insulating Glass Window Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 India Insulating Glass Window Market Revenues & Volume Share, By Glazing Type, 2021 & 2031F |
3.7 India Insulating Glass Window Market Revenues & Volume Share, By Spacer Type, 2021 & 2031F |
3.8 India Insulating Glass Window Market Revenues & Volume Share, By Sealant Type, 2021 & 2031F |
3.9 India Insulating Glass Window Market Revenues & Volume Share, By End-Use Industry, 2021 & 2031F |
4 India Insulating Glass Window Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing urbanization and infrastructure development in India leading to a rise in construction activities. |
4.2.2 Growing awareness about energy efficiency and sustainability, driving the demand for insulating glass windows. |
4.2.3 Government initiatives and regulations promoting energy-efficient building practices. |
4.3 Market Restraints |
4.3.1 High initial costs of insulating glass windows compared to traditional windows. |
4.3.2 Lack of skilled labor for installation and maintenance of insulating glass windows. |
4.3.3 Limited availability of raw materials for manufacturing insulating glass windows. |
5 India Insulating Glass Window Market Trends |
6 India Insulating Glass Window Market, By Types |
6.1 India Insulating Glass Window Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 India Insulating Glass Window Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 India Insulating Glass Window Market Revenues & Volume, By Vacuum insulating glass (VIG), 2021-2031F |
6.1.4 India Insulating Glass Window Market Revenues & Volume, By Gas filled insulating glass, 2021-2031F |
6.1.5 India Insulating Glass Window Market Revenues & Volume, By Air filled insulating glass, 2021-2031F |
6.2 India Insulating Glass Window Market, By Glazing Type |
6.2.1 Overview and Analysis |
6.2.2 India Insulating Glass Window Market Revenues & Volume, By Double glazed, 2021-2031F |
6.2.3 India Insulating Glass Window Market Revenues & Volume, By Triple glazed, 2021-2031F |
6.2.4 India Insulating Glass Window Market Revenues & Volume, By Others, 2021-2031F |
6.3 India Insulating Glass Window Market, By Spacer Type |
6.3.1 Overview and Analysis |
6.3.2 India Insulating Glass Window Market Revenues & Volume, By Cold edge spacer, 2021-2031F |
6.3.3 India Insulating Glass Window Market Revenues & Volume, By Warm edge spacer, 2021-2031F |
6.4 India Insulating Glass Window Market, By Sealant Type |
6.4.1 Overview and Analysis |
6.4.2 India Insulating Glass Window Market Revenues & Volume, By Silicone, 2021-2031F |
6.4.3 India Insulating Glass Window Market Revenues & Volume, By Polysulfide, 2021-2031F |
6.4.4 India Insulating Glass Window Market Revenues & Volume, By Hot melt butyl, 2021-2031F |
6.4.5 India Insulating Glass Window Market Revenues & Volume, By Polyurethane, 2021-2031F |
6.4.6 India Insulating Glass Window Market Revenues & Volume, By Others, 2021-2031F |
6.5 India Insulating Glass Window Market, By End-Use Industry |
6.5.1 Overview and Analysis |
6.5.2 India Insulating Glass Window Market Revenues & Volume, By Residential, 2021-2031F |
6.5.3 India Insulating Glass Window Market Revenues & Volume, By Commercial, 2021-2031F |
7 India Insulating Glass Window Market Import-Export Trade Statistics |
7.1 India Insulating Glass Window Market Export to Major Countries |
7.2 India Insulating Glass Window Market Imports from Major Countries |
8 India Insulating Glass Window Market Key Performance Indicators |
8.1 Energy savings achieved by buildings using insulating glass windows. |
8.2 Number of new construction projects incorporating insulating glass windows. |
8.3 Growth in the number of insulating glass window manufacturers in India. |
8.4 Adoption rate of energy-efficient building codes and standards in the construction industry. |
8.5 Percentage increase in demand for insulating glass windows in the residential and commercial sectors. |
9 India Insulating Glass Window Market - Opportunity Assessment |
9.1 India Insulating Glass Window Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 India Insulating Glass Window Market Opportunity Assessment, By Glazing Type, 2021 & 2031F |
9.3 India Insulating Glass Window Market Opportunity Assessment, By Spacer Type, 2021 & 2031F |
9.4 India Insulating Glass Window Market Opportunity Assessment, By Sealant Type, 2021 & 2031F |
9.5 India Insulating Glass Window Market Opportunity Assessment, By End-Use Industry, 2021 & 2031F |
10 India Insulating Glass Window Market - Competitive Landscape |
10.1 India Insulating Glass Window Market Revenue Share, By Companies, 2024 |
10.2 India Insulating Glass Window Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |