According to the new market research report "Insulating Glass Window Market by Product Type, Glazing Type (double glazed, triple glazed), Spacer Type, Sealant Type (silicone, polysulfide, hot melt butyl, polyurethane), End-Use Industry, and Region - Global Forecast to 2026″, size was USD 12.0 billion in 2020 and is projected to reach USD 17.2 billion by 2026; it is expected to grow at a CAGR of 6.1% from 2021 to 2026, owing to the increasing demand for energy-efficient buildings in various regions.

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Gas-filled insulating glass segment is expected to grow at a faster rate during the forecast period of 2021 to 2026. The growth is due to the better insulation properties offered by gas-filled insulating glass compared to air-filled and vacuum insulating glass (VIG).

The silicone sealant type dominated the insulating glass window market in 2020. Silicone sealants have a unique combination of organic and inorganic chemistries to form stable organic-like materials exhibiting excellent chemical structure and inherent properties. The increasing use of silicone as an air and moisture barrier in the insulating glass window market is driving silicone sealant demand in commercial buildings.

The plastic-metal hybrid warm edge spacer is expected to register the highest CAGR during the forecast period due to its improving thermal performance. Also, plastic-metal hybrid warm edge spacers improve the aesthetic vision of insulated windows by improving sightlines.

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The insulating glass window market size was USD 12.0 billion in 2020 and is projected to reach USD 17.2 billion by 2026; it is expected to grow at a CAGR of 6.1% from 2021 to 2026. The increasing demand for energy-efficient buildings in various regions is expected to drive the growth of this market. The commercial segment accounted for the largest share of the insulating glass window market in 2020, owing to the increasing rate of commercial building construction in the countries such as the US, Germany, China, and India.

The key market players include AGC Inc. (Japan), Central Glass Co., Ltd. (Japan), Saint-Gobain (France), Dymax (US), Glaston Corporation (Finland), Guardian Glass (US), H.B. Fuller Company (US), Henkel AG & Co. KGaA (Germany), Internorm (Austria), Scheuten (Netherlands), Nippon Sheet Glass Co., Ltd. (Japan), Sika AG (Switzerland), 3M (US), Viracon (US). These players have adopted product launches, acquisitions, expansions, agreements, contracts, partnerships, investments, collaborations, and divestments as their growth strategies.

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Saint-Gobain is one of the leading manufacturers and suppliers of insulated glass units in the world. The company has a global presence with operations in approximately 70 countries. In August 2020, Saint-Gobain developed a new product, ECLAZ, a new generation of enhanced thermal insulation glazing. The product offers higher transparency and thermal insulation.

Another important player in the insulating glass window market is AGC Inc. The company offers glass products for applications in the architecture, automotive, and display glass industries. In November 2020, AGC Inc. announced the completion of research and development building at the AGC Yokohama Technical Center (Tsurumi-ku, Yokohama) for around USD 182 million. This expansion reflects on the company's interest to enhance its R&D for the development of new products and technology.

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