Low-E Glass Market Capacity, Driving Factors and Production Status Forecast 2018-2025

26 September 2018: Global LOW-E Glass Market is segmented on the basis of glazing type as Single Low-E Glass, Double Low-E Glass, and Triple Low-E Glass. A kind of energy-efficient glass that is particularly prepared to avoid the amount of heat that escapes via the windows to the cold outdoors is known as a Low-e glass. It is also popularly known as Low-emissivity glass. It is known that this particular glass possesses an invisible coating that lessens the heat transmission and replicate the interior heat back into the room.

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It is said to be an essential element especially in the rooms or buildings possessing a very high proportion of windows or glass doors, like conservatories and sunrooms. One of the most striking advantages associated with the low-e glass is that it assists in maintaining heat even during the times of winter, further allowing the customers a comfortable stay at their rooms for a longer time.

It has been observed that the low-e glass market is witnessing huge growth opportunities as far as the building and construction, automotive, and other industries are concerned. The market is currently undergoing a significant trend of augmentation in the utilization of advanced nanotechnology in low-e glass and lightweight glazing. The prominent factors that are contributing considerably in raising the share of the market include augmenting demand for energy saving products with rapidly rising construction activities across the globe.

There has been huge augmentation in CO2 emissions owing to rise in the heat radiations and intensification in the demand for daylight transmitting solution, which is in turn influencing the development of low-e glass product market in an optimistic way. It has been observed that the market is undergoing the significant trend of change of preference from traditional to modular switchgears. Owing to all these factors, it has been anticipated that the LOW-E Glass Market will witness the highest CAGR in the next couple of years.

Among all the glazing types, the segment of double low-e glass glazing holds the largest share in the market and it will go on increasing until the next couple of years, as it offers energy efficient and enhanced cost effective solution to sustain the thermal performance in windows. LOW-E Glass Market is segmented on the basis of end user industry as Buildings, Automotive, and Others.

The segment of building is further segregated as Office, Retail, Education, Hospitality, Healthcare, and Others. Among all the end user industries, the building and construction segment is lately attaining the largest share in the market. In addition, it is estimated that the segment will show the highest growth, the reason being severity in national building codes concerning energy efficiency for numerous countries and rising construction activities.

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LOW-E Glass Market is segmented on the basis of coating type as Offline Low-E Glass, and Online Low-E Glass. LOW-E Glass Market is segmented on the basis of application as Residential, and Commercial. LOW-E Glass Industry is segmented on the basis of geographical location as North America, Europe, Asia Pacific, and The Rest of the World.

As far as the geography is concerned, Asia Pacific is currently leading the market. It is anticipated that the region will emerge as the largest as well as the highest growth market in the next couple of years, the reason being rapidly increasing construction activities in China and India in addition to strict governmental regulations for building safety across the globe. The key players operating in the LOW-E Glass Industry include Asahi Glass Co ltd, Xinyi Glass Holdings, Nippon sheet glass, Saint-Gobain, and Central Glass Co.