Asia-Pacific Low Emissivity (Low-E) Glass Market, 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 2029
Market Analysis and Size
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 was valued at USD 7783.71 million in 2021 and is expected to reach USD 12,500 million by 2029, registering a CAGR of 6.1% during the forecast period of 2022-2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and climate chain scenario.
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.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2019 - 2014)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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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)
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Countries Covered
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Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific.
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Market Players Covered
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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)
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Market Opportunities
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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 2022 to 2029. 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
On the basis of type, the low emissivity (low-e) glass market has been segmented into hard coat low-e glass and soft coat low-e glass.
Coating Type
- Passive Low-E Coating
- Solar Control Low-E Coating
The low emissivity (low-e) glass market has also been segmented on the basis of coating type into passive low-e coating and solar control low-e coating.
Coating Material
- Metallic
- Semi-Conductive Coating
On the basis of coating material, the low emissivity (low-e) glass market is segmented into metallic and semi-conductive coating.
Glazing
- Single Low-E Glazing
- Double Low-E Glazing
- Triple Low-E Glazing
On the basis of glazing, the low emissivity (low-e) glass market is segmented into single low-e glazing, double low-e glazing and triple low-e glazing.
Technology
- Pyrolytic Process (On-Line)
- Sputtered Process (Off-Line)
On the basis of technology, the low emissivity (low-e) glass market is segmented into pyrolytic process (on-line) and sputtered process (off-line).
End-User
- Construction
- Transportation
On the basis of end-user, the low emissivity (low-e) glass market is segmented into construction and transportation.
Low Emissivity (Low-E) Glass Market Regional Analysis/Insights
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.
Competitive Landscape and Low Emissivity (Low-E) Glass Market Share Analysis
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.
Some of the major players operating in the low emissivity (low-e) glass market are
- 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)
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