Chemicals and Materials Energy Efficient Windows Market New | Page 2

Replacement & renovation segment projected to be the fastest-growing during the
forecast period
On the basis of application, the replacement & renovation segment is projected to grow at a
higher CAGR from 2016 to 2026. This growth can be attributed to the existing base of
installed windows, which need replacement over the years. Also, growth in concerns with
regard to energy consumption and increase in trend of sustainable construction is also
anticipated to propel the homeowners and building contractors to switch to energy-
efficient windows for replacement purpose, majorly in developed markets.
European region constitutes the largest market share in the energy-efficient
windows market
The European region contributes a major market share in the global energy-efficient
windows market. However, the European market is projected to grow at a comparatively
lower rate than other regions as a result of weak construction demand in the region due to
sub-performing economic conditions. The Asia-Pacific region is projected to register the
highest growth from 2016 to 2026, while China is projected to be fastest-growing country-
level market in the region for energy-efficient windows market. North America is projected
to grow at the second-highest rate between 2016 and 2026, with the U.S. registering the
highest growth rate in the region. Emerging economies such as South Africa, Brazil, and
countries in the Middle East are projected to grow at moderate CAGRs between 2016 and
2026.
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The major players in the energy-efficient windows market includes Saint Gobain S.A.
(France), Asahi Glass Co., Ltd. (Japan), Nippon Sheet Glass Co. Ltd. (Japan), SCHOTT AG
(Germany), Central Glass Co. Ltd. (Japan), Masco Corporation (U.S.), Builders FirstSource,
Inc. (U.S.), Jeld-Wen Holding, Inc. (U.S.), YKK AP, Inc. (Japan), Ply Gem Holdings, Inc. (U.S.),
BMC Stock Holdings, Inc. (U.S.), Associated Materials LLC (U.S.), Apogee Enterprises, Inc.
(U.S.), Deceuninck NV (Belgium), and PGT, Inc. (U.S.).
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