Asia Pacific Low E Glass Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2024 –2031 |
Market Size (Base Year) |
USD 8.76 Million |
Market Size (Forecast Year) |
USD 14.06 Million |
CAGR |
|
Major Markets Players |
Asia-Pacific Low Emissivity (Low-E) Glass Market Segmentation, By Type (Hard Coat Low-E Glass, Soft Coat Low-E Glass), Coating Type (Passive Low-E Coating, Solar Control Low-E Coating), Coating Material (Metallic, Semi-Conductive Coating), Glazing (Single Low-E Glazing, Double Low-E Glazing, Triple Low-E Glazing), Technology (Pyrolytic Process (On-Line), Sputtered Process (Off-Line)), End-User (Construction, Transportation) – Industry Trends and Forecast to 2031
Asia-Pacific Low Emissivity (Low-E) Glass Market Analysis
There has been immense growth in the utilization of low-e glass for lightweight glazing in automobiles to reduce vehicle weight and improve fuel efficiency. Additionally, the low-E glass industry is booming in both residential and commercial structures, owing to their unique and cost-effective alternative for saving energy in buildings and preventing excessive heat gain loss. These factors have significantly contributed to the market’s overall growth over the forecasted period.
Asia-Pacific Low Emissivity (Low-E) Glass Market Size
Asia-Pacific low emissivity (Low-E) glass market size was valued at USD 8.76 billion in 2023 and is projected to reach USD 14.06 billion by 2031, with a CAGR of 6.1% during the forecast period of 2024 to 2031.
Report Scope and Market Segmentation
Attributes |
Low Emissivity (Low-E) Glass Key Market Insights |
Segmentation |
|
Countries Covered |
Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific. |
Key Market Players |
Nippon Sheet Glass Co., Ltd., (Japan), AGC Inc., (Japan), Central Glass Co. Ltd., (Japan), Xinyi Glass Holdings Limited., (China), Cardinal Glass Industries, Inc., (U.S.), CEVITAL (Algeria), China Glass Holdings Limited (China), GUARDIAN INDUSTRIES (U.S.), Fuyao Glass Industry Group Co., Ltd., (China), Saint-Gobain (France), SCHOTT AG (Germany), Sisecam (Turkey), Taiwan Glass Ind. Corp. (Taiwan), Beijing Northglass Technologies Co. Ltd., (China), arcon Flach- und Sicherheitsglas GmbH & Co. KG (Germany), Dellner Romag Ltd., (UK), Qingdao Tsing Glass Co. Limited (China) and Guangzhou Topo Glass Co., Ltd., (China) |
Market Opportunities |
|
Asia-Pacific Low Emissivity (Low-E) Glass Market Definition
Low emissivity (low-e) glass (also referred as low-emissivity glass) is precisely designed to reduce the amount of infrared and ultraviolet light entering a building's glass while keeping the quantity of light required to enter our home at a minimum. The low emissivity (low-e) glass windows contain a microscopically thin, transparent layer that reflects heat to keep the room cool. The low-E coating helps to maintain a steady home temperature by reflecting internal heat.
Low Emissivity (Low-E) Glass Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints, and challenges. All of this is discussed in detail below:
Drivers
- High Demand for Low Emissivity (Low-E) Glass
One of the primary factors driving the growth of the low-e glass market is the increase in the number of construction activities around the world. The use of Low-E glass for lightweight glazing in automobiles is accelerating market growth by making vehicles lighter and improving fuel efficiency.
- Increased Consciousness Regarding Environment
As people become more aware of global warming, legislation and instructions to make buildings more energy efficient have become more stringent around the world. Over the foreseeable term, this is expected to stimulate demand for low-E glass coatings.
The growth in the population of the product due to its capability of providing enhanced thermal performance in a cost-effective manner will further propel the growth rate of low emissivity (low-e) glass market. Additionally, the advancements in the glass will also drive market value growth. The change in consumer preference, rise in pharmaceutical research and development investments and rowing use of the smart packaging for patient engagement and identification are projected to bolster the growth of the market.
Opportunities
- Surge in Awareness and Other Technologies
Furthermore, the rise in awareness towards energy saving in residential and non-residential construction buildings, extend profitable opportunities to the market players in the forecast period of 2024 to 2031. Additionally, the breakthrough in new technologies and technological advancements such as the usage of nanotechnology for the production of low e-glass will further expand the future growth of the low emissivity (low-e) glass market.
Restraints/Challenges
- High Cost of Low Emissivity (Low-E) Glass
The higher cost associated with the glass compared to others will create hindrances for the growth of the low emissivity (low-e) glass market.
- Concerns Regarding Diminished Natural Light Transmission
Moreover, the growing concerns regarding diminished natural light transmission are anticipated to be a demerit for the low emissivity (low-e) glass market. Therefore, this will challenge the low emissivity (low-e) glass market growth rate.
This low emissivity (low-e) glass market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the low emissivity (low-e) glass market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Low Emissivity (Low-E) Glass Market
The recent outbreak of coronavirus had a negative impact on the low emissivity (low-e) glass market. The epidemic has forced several manufacturing units to halt for months which led to substantial impact on the global low-e glass market. Several nations have also stopped producing covid-19 as a result of the pandemic. The COVID-19 epidemic has resulted in a huge drop in customer interest in purchasing any things, and the transportation sector's shutdown has harmed the Low-E glass market significantly. As a result, production processes were disrupted. Due to disruptions in Chinese part imports, broad production disruptions across Europe, and the shutdown of assembly plants in the United States, COVID-19 has had a substantial impact on the automotive sector's growth. On the brighter side, the market is estimated to revive as individual regulatory bodies begin to relax these enforced lockdowns. The suspended and cancelled operations will continue and as a result the market is estimated to expand.
Asia-Pacific Low Emissivity (Low-E) Glass Market Scope
The low emissivity (low-e) glass market is segmented on the basis of type, coating type, coating material, glazing, technology and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Hard Coat Low-E Glass
- Soft Coat Low-E Glass
Coating Type
- Passive Low-E Coating
- Solar Control Low-E Coating
Coating Material
- Metallic
- Semi-Conductive Coating
Glazing
- Single Low-E Glazing
- Double Low-E Glazing
- Triple Low-E Glazing
Technology
- Pyrolytic Process (On-Line)
- Sputtered Process (Off-Line)
End-User
- Construction
- Transportation
Low Emissivity (Low-E) Glass Market Regional Analysis
The low emissivity (low-e) glass market is analyzed and market size insights and trends are provided by country, type, coating type, coating material, glazing, technology and end-user as referenced above.
The countries covered in the low emissivity (low-e) glass market report are China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC).
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Low Emissivity (Low-E) Glass Market Share
The low emissivity (low-e) glass market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to low emissivity (low-e) glass market.
- Nippon Sheet Glass Co., Ltd., (Japan)
- AGC Inc., (Japan)
- Central Glass Co. Ltd., (Japan)
- Xinyi Glass Holdings Limited., (China)
- Cardinal Glass Industries, Inc., (U.S.)
- CEVITAL (Algeria)
- China Glass Holdings Limited (China)
- GUARDIAN INDUSTRIES (U.S.)
- Fuyao Glass Industry Group Co., Ltd., (China)
- Saint-Gobain (France)
- SCHOTT AG (Germany)
- Sisecam (Turkey)
- Taiwan Glass Ind. Corp. (Taiwan)
- Beijing Northglass Technologies Co. Ltd., (China)
- arcon Flach- und Sicherheitsglas GmbH & Co. KG (Germany)
- Dellner Romag Ltd., (UK)
- Qingdao Tsing Glass Co. Limited (China)
- Guangzhou Topo Glass Co., Ltd., (China)
SKU-
Get online access to the report on the World's First Market Intelligence Cloud
- Interactive Data Analysis Dashboard
- Company Analysis Dashboard for high growth potential opportunities
- Research Analyst Access for customization & queries
- Competitor Analysis with Interactive dashboard
- Latest News, Updates & Trend analysis
- Harness the Power of Benchmark Analysis for Comprehensive Competitor Tracking
Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.