Demand for Glass Used in Windows and Doors Forecast to Increase 4.3% Annually Through 2023
The primary factors driving demand increases include:
above average advances in residential replacement window sales and homeowners’ tendency to trade up to higher quality products when selecting replacement fenestration
ongoing efforts by home and commercial building owners to reduce energy costs by investing in higher value windows and doors with better insulative properties
rising sales of insulated glass units and windows with low-e coatings for newly constructed commercial buildings in order to meet the standards of LEED and other environmental certification programs
trends supporting demand for larger windows and patio doors – including multi-panel and multifold patio doors – that have expansive glazing areas
growing demand for impact-resistant windows, which are much more expensive and feature significantly thicker glass panes than standard windows
increasing awareness of the additional benefits of thicker glass panes, including security and sound dampening
expanding interest in advanced glass tinting technologies, such as “smart glass” products that can be controlled via smartphones
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Source: https://prn.to/2Sj260T