Views: 11 Author: Aiko Jiang Publish Time: 2020-09-17 Origin: Site
It's estimated that the glass partition market will witness robust growth by the year of 2025.
LP Information, a leading market research company, recently released a research report on the analysis of the glass partition market. According to this research, the compound annual growth rate of the glass partition market revenue in the next five years will reach 3.2% to US$5.2137 billion in total amount by 2025, whereas the scale of 2019 is 4.5974 billion US dollars.
Due to the wide application of glass in commercial buildings, institutional buildings, industrial buildings and other areas, the glass partition market has witnessed significant growth. The glass partition wall is mainly used for sound insulation, meanwhile it can also be used to create an open and expansive environment in a specific area to achieve energy saving effect with more natural lighting. Besides, the glass partition mechanism can be easily reconfigured and moved to save more space. All these functions will further drive market growth. But at the same time, we should also take one factor into consideration: these types of partitions require high maintenance costs, which may affect the growth of the glass partition market.
The top manufacturers in the glass partition market include:
Lindner Group, Modernco, Optima Systems, Hufcor, Modernfold, etc.
According to type, the glass partition can be divided into:
Sliding door partition
Acoustic glass partition
According to application areas, the glass partition can be divided into:
In addition, this report also discusses the main driving factors that influence the market growth and the opportunities, challenges, and risks faced by major manufacturers and the entire market. It also analyzes the main emerging trends and their impact on current and future market development.