Low-E Glass Market: Trends, Opportunities and Competitive Analysis

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?