Low E Glass Market 2024 Volume and Value, Upcoming Investments, Recent Developments, Innovations 2032
Low-emissivity (low-E) glass is a type of glass that has a thin coating of metallic or ceramic material applied to its surface. This coating reflects long-wave infrared (IR) radiation, which is the heat energy that is emitted by objects at room temperature. Low-E glass can be used to reduce heat loss in the winter and heat gain in the summer, making it a more energy-efficient option for windows and other fenestration products.
The global low-E glass market is expected to grow at a compound annual growth rate (CAGR) of 6.50% from 2023 to 2032, according to a report by Allied Market Research. This growth is being driven by a number of factors, including:
- Increasing demand for energy-efficient buildings: Low-E glass can help to reduce energy consumption in buildings by up to 50%, making it a popular choice for both new construction equipment rental and renovation projects.
- Government regulations: Many governments around the world have enacted regulations that promote the use of energy-efficient building materials, such as low-E glass.
- Technological advancements: New low-E glass coatings are being developed all the time, which are even more energy-efficient and durable than previous generations.
The low-E glass market is segmented by type, coating type, coating material, glazing, technology, and end-user. By type, the market is divided into hard-coated and soft-coated low-E glass. Hard-coated low-E glass is more durable and scratch-resistant, but it is also more expensive. Soft-coated low-E glass is less expensive, but it is also less durable and more susceptible to scratching.
By coating type, the market is divided into passive and solar control low-E glass. Passive low-E glass is designed to reduce heat loss in the winter and heat gain in the summer. Solar control low-E glass is designed to reflect sunlight and reduce glare, while still allowing visible light to pass through.
By coating material, the market is divided into metallic and ceramic low-E glass. Metallic low-E glass is more common, but it can have a slight greenish tint. Ceramic low-E glass is more expensive, but it is also more transparent and durable.
By glazing, the market is divided into single-glazed and double-glazed low-E glass. Single-glazed low-E glass is less energy-efficient than double-glazed low-E glass, but it is also less expensive. Double-glazed low-E glass is more energy-efficient, but it is also more expensive.
By technology, the market is divided into pyrolytic and sputter-coated low-E glass. Pyrolytic low-E glass is coated during the glass manufacturing process, while sputter-coated low-E glass is coated paper after the glass has been manufactured. Pyrolytic low-E glass is more durable and scratch-resistant, but it is also more expensive. Sputter-coated low-E glass is less expensive, but it is also less durable and more susceptible to scratching.
By end-user, the market is divided into residential, commercial, and automotive. The residential segment is the largest end-user of low-E glass, accounting for over 50% of the global market. The commercial segment is the second-largest end-user, accounting for over 30% of the global market. The automotive segment is the smallest end-user, accounting for less than 20% of the global market.
Key Players in the Low E Glass Market
Some of the key players in the global low-E glass market include:
- Asahi Glass Co. Ltd.
- Saint-Gobain SA
- Corning Inc.
- Nippon Sheet Glass Co. Ltd.
- Xinyi Glass Holdings Limited
- PPG Industries, Inc.
- CSG Holding Co. Ltd.
- Taiwan Glass Industry Corporation
- China Glass Holdings Limited
- Sisecam.
Recent Trends in the Low E Glass Market
One of the key trends in the low-E glass market is the development of new low-E glass coatings that are even more energy-efficient and durable than previous generations. For example, some companies are developing low-E glass coatings that can reflect up to 90% of long-wave IR radiation.
Another key trend in the low-E glass market is the increasing demand for low-E glass in developing countries. This is due to a number of factors, including the growing construction sector in developing countries and the increasing awareness of energy efficiency.
Low E Glass Market Highlights:
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