Market Analysis of v glasses in Building Glass Industry and Conjecture of Brand Development

(Market Analysis of v glasses in Building Glass Industry and Conjecture of Brand Development)

Market
Analysis of v glasses in Building Glass Industry and Conjecture of Brand
Development

It
has always been difficult to count the Chinese architectural glass market
except for flat glass. It is especially difficult to count the production and
sales of deep-processed glass, such as v glasses, tempered glass, insulating
glass, coated glass, laminated glass, and colored glazed glass.

The
market size of China\’s architectural glass market total capacity estimation

In
2003, China’s newly built building area was 1.8 billion m2, and it is estimated
that the use area of ​​window glass is about 360
million m2. Calculating statistics based on the output of flat glass: The area
of ​​the original glass used for
construction in 2003 was about 520 million m2, including the use of old house
renovation, and considering that the v glasses and other composite glass
products must be doubled, It can also be roughly concluded that the total
capacity is about 360 million m2.

Domestic
high-end v glasses consumption statistics in recent years

In
the past five years, the average annual growth rate of the usage of v glasses
is greater than 40%, and the average annual growth rate of the usage of coated
glass (including Low-E glass) is greater than 13%, that is, the growth rate of v
glasses is much greater than that of coated glass. It is speculated that the
use of transparent insulating glass or colored insulating glass is increasing
rapidly.

Distribution
of glass consumption of each grade

According
to the total market capacity and the usage of high-grade glass, the
distribution of the usage of different grades of glass is obtained after
analysis.

The
analysis results show that the use of v glasses only accounts for 12% of the
total use of architectural glass, and most buildings still use a large number
of low-grade glass with extremely poor energy-saving properties.

Market
demand for v glasses in 2007

Due
to the restrictions of the national standard "Energy-saving Design
Standards for Public Buildings" promulgated on July 1, 2005, public
building projects will restrict the use of this glass except for remote areas
and areas that are difficult to monitor. At that time, the new v glasses
(including Low-E glass) will consume about 6 million m2, which will be mainly
used in public construction projects, and part of it will be used in civil
residential buildings. This amount will be the output of 4 to 5 large-scale
coated glass production lines.

The
development trend of my country\’s architectural glass v glasses market

The
user\’s demand for comfort and the cognition of energy-saving v glasses; the
support of national energy-saving policies, standards, and regulations; the
purchasing power support provided by the development level of the national
economy; the price of high-end v glasses have been reduced to the level that
the market can generally accept.

The
v glasses user demand trends

Due
to the improvement of living standards, users\’ requirements for buildings have
also increased. Their requirements and expectations can be summarized as
follows: Good energy saving-the glass used can save heating and
air-conditioning expenses; strong comfort-the glass used Good sound insulation
performance, sufficient indoor lighting, solar radiant heat in summer, and
adequate heat preservation performance in winter; reliable quality-regular
appearance, stable performance, and safety; reasonable price-reasonable price
and affordable. Comfort is more important to the wealthy, but low prices are
still extremely important to the general public.

National
energy-saving policies related to v glasses

The
state’s goal of building energy efficiency is that by 2010, one-third of the
country’s new buildings will reach the goal of 50% energy saving; by 2020, all
of the country’s new buildings will reach the goal of 65% energy saving.
Calculated according to the 2010 target, in the next 5 years, there will be
about 3 billion m2 of new energy-saving building area, involving about 600
million m2 of energy-saving glass, and an average of about 120 million m2 of
new energy-saving glass each year. Insulating glass and Low-E glass will
increase. The rate will be pulled up. The trend of future use of insulating
glass that has been pushed up due to policy factors.

Wallkingdon Glass provides first-class
products and services to exceed customer expectations. No matter what your
project needs—from external high-rise windows to large-capacity glass in
storefronts or showrooms, please contact us through the following ways: enquiry@wallkingdonglass.com

The
valuation of the global v glasses architectural glass market is expected to
surge to US$3.3 billion in 2022

China
Glass News reported that the global v glasses architectural glass market is
experiencing a significant growth trend. Most companies focus on new product
strategies, followed by product development and the energy efficiency of v
glasses architectural glass technology. Due to the rising demand for v glasses
architectural glass in commercial buildings, industrial sectors, and
residential buildings, overall market competition may intensify.

In
the past few years, the global v glasses architectural glass market has been a
collaboration between glass manufacturers and construction companies. It is
expected that the v glasses architectural glass market will continue to
establish alliances with a number of construction companies to expand their
revenue.

It
is expected that from 2017 to 2022, the global v glasses architectural glass
market will boost demand as its investment in product R&D activities
increases and the demand for new technologies introduction increases.

The
global v glasses architectural glass market is estimated to thrive at a strong
compound annual growth rate of 13.1% during the forecast period. The global v
glasses architectural glass market was valued at US$1.78 billion in 2017 and is
expected to surge to US$3.3 billion by 2022.

By
region, the global v glasses architectural glass market is divided into North
America, Asia Pacific, Europe, Middle East, and Africa. Among them, Europe is
expected to drive the demand for the v glasses architectural glass market from
2017 to 2022. It is expected that during the forecast period, its compound
annual growth rate will reach 14.8%. This increase is the result of supporting
the adoption of environmentally friendly building solutions and sustainable
energy production guidelines.

During
this period, North America and the Asia-Pacific region (excluding Japan) are
also expected to provide fruitful growth opportunities for existing major
companies. This increase is mainly due to the increasing awareness of renewable
energy and its advantages, as well as the strong momentum of industrialization.
These factors may have a positive impact on the global v glasses architectural
glass market.

The
global v glasses architectural glass market demand is mainly due to the
increasing awareness of carbon emissions reduction. The population in all
regions is turning to renewable and traditional energy sources for low-cost
power generation. This in turn has a positive impact on the v glasses
architectural glass market.

The
rapid adoption of v glasses technology is expected to drive a surge in demand
for v glasses architectural glass in various regions (especially North
America). As far as the field is concerned, the market growth potential of the
construction field is huge, and it occupies most of the global photovoltaic
architectural glass market.

The v
glasses architectural glass is used in construction, such as education,
residential, hospital, retail, and enterprises, which will drive the demand for
the v glasses architectural glass market. Due to the increase in R&D
investment, the construction sector is also expected to grow.

The v glasses supplier

Wallkingdon Glass provides first-class
products and services to exceed customer expectations. No matter what your
project needs—from external high-rise windows to large-capacity glass in
storefronts or showrooms, please contact us through the following ways: enquiry@wallkingdonglass.com

(Market Analysis of v glasses in Building Glass Industry and Conjecture of Brand Development)