Product Code: ETC423925 | Publication Date: Oct 2022 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Philippines insulated glass market size was valued at USD 11. 5 million and is expected to grow with a CAGR of 6. 3% over the forecast period owing to its increased use for sound insulation and energy efficiency applications across both residential & commercial sectors, resulting into high energy savings along with improved comfort levels associated with it?s use has resulted into an increase in demand among users throughout country. Moreover, favorable government policies such as subsidies by power companies have further augmented its adoption rate throughout country making it popular choice for multiple end user industries including residential constructions among others.
The insulated glass market in the Philippines is driven by several factors that contribute to its favorable outlook. Energy efficiency and sustainability concerns are paramount drivers as insulated glass helps regulate indoor temperatures, reduce energy consumption, and enhance building efficiency. As the Philippines strives to promote green building practices and comply with energy efficiency regulations, the demand for insulated glass is expected to rise. Additionally, the construction boom in the country, driven by residential, commercial, and infrastructure projects, fuels the adoption of insulated glass for its thermal insulation and noise reduction properties.
The insulated glass market in the Philippines may face challenges associated with energy efficiency awareness. While insulated glass offers benefits like temperature regulation, educating consumers and businesses about its advantages could be essential. Moreover, ensuring proper installation and maintenance practices to maximize energy-saving potential could be a hurdle.
The Philippines insulated glass market encountered a series of challenges and opportunities stemming from the COVID-19 pandemic. Insulated glass, used in construction and architectural projects, faced disruptions in the early pandemic stages due to construction halts and supply chain disruptions. The market also experienced shifts in consumer preferences, with a greater emphasis on energy-efficient and sustainable building materials. As the construction sector resumed operations, the demand for insulated glass rebounded, driven by infrastructure projects and growing awareness of energy conservation. Additionally, remote work arrangements and changing lifestyles fueled interest in home renovations. The market outlook reflects a positive trajectory as the construction industry gains momentum and sustainable practices gain prominence.
The insulated glass market in the Philippines is on the rise, driven by increasing awareness of energy-efficient building solutions. Prominent players like GlassTech, Thermolite, and InsulaGlass are set to shape the market by offering innovative insulated glass products for residential and commercial construction. These companies are expected to prioritize thermal performance, sound insulation, and sustainability to meet the evolving demands of the construction industry.
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 Philippines Insulated Glass Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Insulated Glass Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Insulated Glass Market - Industry Life Cycle |
3.4 Philippines Insulated Glass Market - Porter's Five Forces |
3.5 Philippines Insulated Glass Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Insulated Glass Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Philippines Insulated Glass Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Philippines Insulated Glass Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Insulated Glass Market Trends |
6 Philippines Insulated Glass Market, By Types |
6.1 Philippines Insulated Glass Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Insulated Glass Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Philippines Insulated Glass Market Revenues & Volume, By Heated Insulating Glass, 2021-2031F |
6.1.4 Philippines Insulated Glass Market Revenues & Volume, By Tempering Insulating Glass, 2021-2031F |
6.1.5 Philippines Insulated Glass Market Revenues & Volume, By Custom Insulated Glass, 2021-2031F |
6.1.6 Philippines Insulated Glass Market Revenues & Volume, By Other Glasses, 2021-2031F |
6.2 Philippines Insulated Glass Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Insulated Glass Market Revenues & Volume, By Doors & Partitions, 2021-2031F |
6.2.3 Philippines Insulated Glass Market Revenues & Volume, By Kitchen Appliances & Cabinets, 2021-2031F |
6.2.4 Philippines Insulated Glass Market Revenues & Volume, By Floors & Ceilings, 2021-2031F |
6.2.5 Philippines Insulated Glass Market Revenues & Volume, By Furniture & Curtain Walls, 2021-2031F |
6.2.6 Philippines Insulated Glass Market Revenues & Volume, By Railings & Bolted Structures, 2021-2031F |
6.2.7 Philippines Insulated Glass Market Revenues & Volume, By Automotive Glasses, 2021-2031F |
6.3 Philippines Insulated Glass Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Philippines Insulated Glass Market Revenues & Volume, By Residential Buildings, 2021-2031F |
6.3.3 Philippines Insulated Glass Market Revenues & Volume, By Commercial & Institutional Buildings, 2021-2031F |
6.3.4 Philippines Insulated Glass Market Revenues & Volume, By Industrial Users, 2021-2031F |
7 Philippines Insulated Glass Market Import-Export Trade Statistics |
7.1 Philippines Insulated Glass Market Export to Major Countries |
7.2 Philippines Insulated Glass Market Imports from Major Countries |
8 Philippines Insulated Glass Market Key Performance Indicators |
9 Philippines Insulated Glass Market - Opportunity Assessment |
9.1 Philippines Insulated Glass Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Insulated Glass Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Philippines Insulated Glass Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Philippines Insulated Glass Market - Competitive Landscape |
10.1 Philippines Insulated Glass Market Revenue Share, By Companies, 2024 |
10.2 Philippines Insulated Glass Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |