Low-E Glass Market Trends and Forecast
The future of the global low-e glass market looks promising with opportunities in the residential and non-residential construction and automotive industries. The global low-e glass market is expected to reach an estimated $52.4 billion by 2030, and it is forecast to grow at a CAGR of 3.4% from 2024 to 2030. The major drivers for this market are growth in construction activities and increasing awareness towards energy saving in residential and non-residential construction industries.
Emerging Trends in the Low-E Glass Market
Emerging trends which have a direct impact on the dynamics of the market include increasing usage of advanced nanotechnology to make the low-e glass dirt and water repellent and usage of lightweight glazing in low-e glass for automotive to make vehicles more lightweight, which also serves to improve fuel efficiency. Sample figures with some insights are shown below.
Low-E Glass Market by Segment
In this market, building is the largest end use industry market, whereas offline/ hard coating is largest market by coating type. The study includes trends and forecast for the low e-glass market by coating type, end use industry, glazing, and region as follows:
Low-E Glass Market By End Use Industry [Value ($ Million) and Volume (Million Square Meter) from 2018 to 2030]:
- Building
- Residential
- Education
- Office
- Healthcare
- Hospitality
- Retail
- Automotive
- Others
Low-E Glass Market By Glazing [Value ($ Million) from 2018 to 2030]:
- Single Glazing
- Double Glazing
- Triple Glazing
Low-E Glass Market By Coating Type [Value ($ Million) from 2018 to 2030]:
- Offline/Hard Coating
- Online/Soft Coating
Low-E Glass Market By Region [Value ($ Million) and Volume (Million Square Meter) from 2018 to 2030]:
- North America
- Europe
- APAC
- ROW
List of Low-E Glass Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies low-e glass companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the low-e glass companies profiled in this report includes.
- Asahi Glass
- Saint-Gobain
- Nippon Sheet Glass
- Xinyui Glass Holdings
- PPG Industries
- CSG Holdings
- Taiwan Glass Industries
- Corning Incorporated
Low-E Glass Market Insights
- Lucintel forecasts that double glazing low-e glass will remain the largest segment; it is also expected to witness the highest growth over the forecast period due to growth in non-residential construction and automotive industries.
- Within the global low-e glass market, building will remain the largest end use market; it is also expected to witness the highest growth during the forecast period due to increasing building construction activities and tax incentives in energy efficient upgrades in existing buildings.
- Asia Pacific is expected to remain the largest region and witness the highest growth over the forecast period supported by increasing urbanization and growth in residential and non-residential construction industry.
Features of the Low-E Glass Market
- Market Size Estimates: Low-e glass market size estimation in terms of value ($M).
- Trend and Forecast Analysis: Market trends (2018-2023) and forecast (2024-2030) by various segments and regions.
- Segmentation Analysis:Low-e glass market size by various segments, such as coating type, glazing, and end use industry.
- Regional Analysis: Low-e glass market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
- Growth Opportunities: Analysis on growth opportunities in different coating type, glazing, end use industry, and regions for low-e glass market.
- Strategic Analysis: This includes M&A and competitive landscape for the low-e glass.
- Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the low-e glass market size?
Answer:The global low-e glass market is expected to reach an estimated $52.4 billion by 2030.
Q2. What is the growth forecast for low-e glass market?
Answer:The low-e glass market is expected to grow at a CAGR of 3.4% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the low-e glass market?
Answer: The major drivers for this market are growth in construction activities and increasing awareness towards energy saving in residential and non-residential construction industries.
Q4. What are the major applications or end use industries for low-e glass?
Answer:Building, Automotive, and Others are the major end use for low-e glass.
Q5. What are the emerging trends in low-e glass market?
Answer:Emerging trends which have a direct impact on the dynamics of the market include increasing usage of advanced nanotechnology to make the low-e glass dirt and water repellent and usage of lightweight glazing in low-e glass for automotive to make vehicles more lightweight, which also serves to improve fuel efficiency.
Q6. Who are the key low-e glass companies?
Answer:Some of the key low-e glass companies are as follows:
- Asahi Glass
- Saint-Gobain
- Nippon Sheet Glass
- Xinyui Glass Holdings
- PPG Industries
- CSG Holdings
- Taiwan Glass Industries
- Corning Incorporated
Q7.Which low-e glass product segment will be the largest in future?
Answer: Lucintel forecasts that double glazing low-e glass will remain the largest segment; it is also expected to witness the highest growth over the forecast period due to growth in non-residential construction and automotive industries.
Q8: In low-e glass market, which region is expected to be the largest in next 5 years?
Answer:APAC will remain the largest region and is expected to witness the highest growth over next 5 years.
Q9. Do we receive customization in this report?
Answer:Yes, Lucintel provides 10% Customization Without any Additional Cost.
This report answers following 11 key questions
- Q.1 What are some of the most promising potential, high-growth opportunities for the low-e-glass market by glazing (single glazing, double glazing, and triple glazing), end use industry (building, automotive, and other end use), coating type (offline/hard coating and online/soft coating), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
- Q.2 Which segments will grow at a faster pace and why?
- Q.3 Which regions will grow at a faster pace and why?
- Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the water storage tank market?
- Q.5 What are the business risks and threats to the low-e-glass market?
- Q.6 What are emerging trends in this low-e-glass market and the reasons behind them?
- Q.7 What are some changing demands of customers in the low-e-glass market?
- Q.8 What are the new developments in the low-e-glass market? Which companies are leading these developments?
- Q.9 Who are the major players in the low-e-glass market? What strategic initiatives are being implemented by key players for business growth?
- Q.10 What are some of the competitive products and processes in the low-e-glass market, and how big of a threat do they pose for loss of market share via material or product substitution?
- Q.11 What M&A activities did take place in the last five years in the low-e-glass market?
Table of Contents
1. Executive Summary
2. Market Background and Classifications
- 2.1: Introduction, Background, and Classifications
- 2.2: Supply Chain
- 2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
- 3.1: Macroeconomic Trends and Forecast
- 3.2: Global Low-E Glass Market Trends and Forecast
- 3.3: Global Low-E Glass Market by Glazing
- 3.3.1: Single Glazing
- 3.3.2: Double Glazing
- 3.3.3: Triple Glazing
- 3.4: Global Low-E Glass Market by End Use Industry
- 3.4.1: Building End Uses in the Low-E Glass Market
- 3.4.2: Automotive End Use in the Low-E Glass Market
- 3.4.3: Other End Uses in the Low-E Glass Market
- 3.5: Global Low-E Glass Market by Coating Type
- 3.5.1: Offline/ Hard Coating
- 3.5.2: Online/ Soft Coating
4. Market Trends and Forecast Analysis by Region
- 4.1: Global Low-E Glass Market by Region
- 4.2: North American Low-E Glass Market
- 4.2.1: North American Low-E Glass Market by Glazing: Single, Double, and Triple Low-E Glass
- 4.2.2: North American Low-E Glass Market by End Use: Building, Automotive, and Others
- 4.2.3: North American Low-E Glass Market by Coating Type: Offline/ Hard Coating and Online/ Soft Coating Low-E Glass
- 4.3: European Low-E Glass Market
- 4.3.1: European Low-E Glass Market by Glazing: Single, Double, and Triple Low-E Glass
- 4.3.2: European Low-E Glass Market by End Use
- 4.3.3: European Low-E Glass Market by Coating Type: Offline/ Hard Coating and Online/ Soft Coating Low-E Glass
- 4.4: APAC Low-E Glass Market
- 4.4.1: APAC Low-E Glass Market by Glazing Type: Single, Double, and Triple Low-E Glass
- 4.4.2: APAC Low-E Glass Market by End Use
- 4.4.3: APAC Low-E Glass Market by Coating Type: Offline/ Hard Coating and Online/ Soft Coating Low-E Glass
- 4.5: ROW Low-E Glass Market
- 4.5.1: ROW Low-E Glass Market by Glazing Type: Single, Double, and Triple Low-E Glass
- 4.5.2: ROW Low-E Glass Market by End Use
- 4.5.3: ROW Low-E Glass Market by Coating: Offline/ Hard Coating and Online/ Soft Coating Low-E Glass
5. Competitor Analysis
- 5.1: Product Portfolio Analysis
- 5.2: Market Share Analysis
- 5.3: Operational Integration
- 5.4: Geographical Reach
- 5.5: Porter's Five Forces Analysis Model
6. Cost Structure Analysis
- 6.1: Raw Material Cost
- 6.2: Labor Cost
- 6.3: Energy Cost
- 6.4: SG&A
- 6.5: EBITDA Margin
7. Growth Opportunities and Strategic Analysis
- 7.1: Growth Opportunity Analysis
- 7.1.1: Growth Opportunities for the Global Low-E Glass Market by Glazing
- 7.1.2: Growth Opportunities for the Global Low-E Glass Market by End Use
- 7.1.3: Growth Opportunities for the Global Low-E Glass Market by Coating Type
- 7.1.4: Growth Opportunities for the Global Low-E Glass Market by Region
- 7.2: Emerging Trends in the Global Low-E Glass Market
- 7.3: Strategic Analysis
- 7.3.1: New Product Development
- 7.3.2: Capacity Expansion of the Global Low-E Glass Market
- 7.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Low-E Glass Market
- 7.3.4: Technology Development
8. Company Profiles of Leading Players
- 8.1: Asahi Glass Co. Ltd.
- 8.2: Saint-Gobain SA
- 8.3: Nippon Sheet Glass
- 8.4: Xinyi Glass Holdings Ltd.
- 8.5: PPG Industries, Inc.
- 8.6: CSG Holding Co. Ltd
- 8.7: Taiwan Glass Industry Corp
- 8.8: Corning Incorporated
- 8.9: China Glass Holdings Ltd
- 8.10: Sisecam .