Global Low-E Glass Market, By Type (Hard Coat Low-E Glass and Soft Coat Low-E Glass), Coating Type (Passive Low-E Coating and Solar Control Low-E Coating), Coating Material (Metallic, Semi-Conductive Coating), Glazing (Single Low-E Glazing, Double Low-E Glazing, and Triple Low-E Glazing), Technology (Pyrolytic Process (On-Line), Sputtered Process (Off-Line)), End-User (Construction and Transportation) - Industry Trends and Forecast to 2023 to 2030.
Low-E Glass Market Analysis and Size
The essential factors contributing to the growth of the global low-e glass market in the forecast period of 2023 to 2030 include the growing awareness towards energy saving in residential and non-residential construction buildings. Also, rapid urbanization and an increase in the number of construction activities across the globe are significantly contributing to the market’s growth.
Data Bridge Market Research analyses that the global low-e glass market, which was USD 25.75 billion in 2022, is expected to reach USD 47.66 billion by 2030, growing at a CAGR of 8.0% during the forecast period of 2023 to 2030. In 2023, the construction segment of end-user segment will dominate the market due to increasing awareness of energy saving in residential and non-residential construction buildings. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Low-E Glass Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015-2020)
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Quantitative Units
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Revenue in USD Million, Volumes in Million Square Meters, Pricing in USD
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Segments Covered
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By Type (Hard Coat Low-E Glass and Soft Coat Low-E Glass), Coating Type (Passive Low-E Coating and Solar Control Low-E Coating), Coating Material (Metallic, Semi-Conductive Coating), Glazing (Single Low-E Glazing, Double Low-E Glazing, and Triple Low-E Glazing), Technology (Pyrolytic Process (On-Line), Sputtered Process (Off-Line)), End-User (Construction and Transportation)
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Countries Covered
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U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of the Middle East and Africa
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Market Players Covered
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AGC Inc. (Japan), Central Glass Co., Ltd. (Japan), CSG Holding Co., Ltd. (China), Taiwan Glass Ind. Corp. (Taiwan), Guangzhou Topo Glass Co., Ltd. (China), Beijing Northglass Technologies Co. Ltd (China), Qingdao Creation Classic Glass Co., Ltd (China), Nippon Sheet Glass Co., Ltd (Japan), Saint-Gobain (France), Arcon Flachglas-Veredlung GmbH & Co. KG (Germany), Guardian Glass. (USA), JSC "Salavatsteklo (Russia), Xiamen Togen Building Products CO., LTD (China), SCHOTT Inc. (Germany), ROMAG. (England), Qingdao Tsing Glass Co. Limited (China), Metro Performance Glass (New Zealand), and Qingdao Migo Glass Co., Ltd. (China), among others
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Market Opportunities
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Market Definition
Low- e glass refers to the type of glass that is made by coating metallic particles to the glass. This glass has low emissivity, which means surface-emitting low levels of radiant heat. All surfaces are known to reflect, transmit and absorb heat to reduce the amount of heat transferred. It is also used to stop UV radiation waves in visible light.
Global Low-E Glass Market Dynamics
Drivers
- The increase in the number of construction activities across the globe
Increasing the number of construction activities globally can be a strong driver in the low-E glass market. As construction activities rise, there is a growing demand for energy-efficient building materials, including low-E glass. Its ability to enhance thermal insulation and reduce energy consumption makes it an attractive choice for builders and developers seeking sustainable solutions, thereby driving the demand for low-E glass in construction projects worldwide.
- Awareness towards energy saving in residential and non-residential construction buildings
The increasing awareness towards energy saving in residential and non-residential construction buildings can be a significant driver in the low-e glass market. As individuals and organizations become more conscious of energy efficiency, the demand for sustainable building materials like low-E glass rises. Its thermal insulation properties help reduce energy consumption and lower heating and cooling costs, making it an appealing choice for those seeking to enhance energy efficiency in construction projects.
Opportunity
- Advancements in the glass extend profitably
Advancements in glass technology present an opportunity in the low-e glass market by extending profitability. Continuous innovations in manufacturing processes and coatings enhance the performance and durability of low-e glass, making it more cost-effective and attractive to consumers. These advancements enable the development of high-performance, customizable, and energy-efficient low-e glass solutions, opening up new market segments and driving increased demand for these advanced products.
Restraint/Challenge
- The higher cost associated with the glass compared to others
However, the higher cost associated with low-e glass compared to other alternatives can pose a potential restraint in the market. The initial investment required for low-E glass can be higher, impacting its affordability for some consumers. This cost differential may deter potential buyers from opting for low-E glass, particularly in price-sensitive markets. Manufacturers and suppliers must address cost concerns and demonstrate the long-term energy savings and benefits to overcome this restraint.
This low-e glass market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the 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 global low-E glass market contact Data Bridge Market Research for an Analyst Brief, our team will help you make an informed market decision to achieve market growth.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Development
- In June 2023, Vitro has introduced a new Advanced Low-E Glass Sample Kit featuring Vitro’s wide range of high-performance Solarban solar control, low-e glass products for convenient, hands-on comparison. Each product sample in the Advanced Low-E Glass Sample Kit features a solar heat gain coefficient (SHGC) of 0.25 or less, which indicates a superior ability to reduce the transmittance of heat energy from the sun, making them ideal for use in façade designs requiring daylighting control
Global Low-E Glass Market Scope
The global 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 analyse 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
Global Low-E Glass Market Regional Analysis/Insights
Global 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.
The countries covered in the global low-e glass market report are U.S., Canada, Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., Israel, Egypt, South Africa, Rest of Middle East and Africa, Brazil, Argentina, and Rest of South America.
Germany is expected to dominate the global low-e glass market due to the increase in the number of construction activities globally. As construction activities rise, a growing demand for energy-efficient building materials, including low-E glass, drives the market.
Asia-Pacific is expected to grow from 2023 to 2030 because of the increasing awareness towards energy saving in residential and non-residential construction buildings. Its thermal insulation properties help reduce energy consumption and lower heating and cooling costs, making it an appealing choice.
The country section of the report also provides individual market-impacting factors and changes in regulations in the market domestically that impacts 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, the impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Global Low-E Glass Market Share Analysis
The global low-e glass market competitive landscape provides details of competitors. 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, and application dominance. The above data points provided are only related to the companies' focus related to global low-e glass market.
Some of the major players operating in the global low-e glass market are:
- AGC Inc. (Japan)
- Central Glass Co., Ltd. (Japan)
- CSG Holding Co., Ltd. (China)
- Taiwan Glass Ind. Corp. (Taiwan)
- Guangzhou Topo Glass Co., Ltd. (China)
- Beijing Northglass Technologies Co. Ltd (China)
- Qingdao Creation Classic Glass Co., Ltd (China)
- Nippon Sheet Glass Co., Ltd (Japan)
- Saint-Gobain (France)
- Arcon Flachglas-Veredlung GmbH & Co. KG (Germany)
- Guardian Glass. (USA)
- JSC "Salavatsteklo (Russia)
- Xiamen Togen Building Products CO., LTD (China)
- SCHOTT Inc. (Germany)
- ROMAG. (England)
- Qingdao Tsing Glass Co. Limited (China)
- Metro Performance Glass (New Zealand)
- Qingdao Migo Glass Co., Ltd. (China)
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