LOW-E Glass Market Size | Segmentation and Opportunities | Forecast To 2028
LOW-E business is continuously mounting and becoming one of the extremely important segment in glass industry. Growing awareness among populace regarding environmental safety and cleanliness measures is estimated to escalate the overall market in the forecast period.
(firmenpresse) - The LOW-E glass market is estimated to expand at a healthy CAGR in the upcoming period. Rising demand for energy efficient glass for doors and windows of building and facades. Low-emissivity (Low-E) glass contains a transparent coating that acts as a thermal mirror and raises windows insulating value, diminishes fading, and increase or block heat flow.
LOW-E business is continuously mounting and becoming one of the extremely important segment in glass industry. Growing awareness among populace regarding environmental safety and cleanliness measures is estimated to escalate the overall market in the forecast period. Growing number of skyscrapers and introduction of green buildings are the major trends in market. Furthermore, increasing spotlight on building energy efficacy (as LOW-E glass reflects the heat back) maintains the temperature. This will spur market growth in future. It also helps in reduction of energy needed for HVAC systems.
Developing construction sector in emerging countries will have positive impact on the overall Low-emissivity glass market growth. This could be because of rapid urbanization and economic development in countries like Malaysia, China, Singapore, and India. However, varying prices of raw material will restrain growth of LOW-E glass.
Schott AG, in Nov 2018, launched CONTURAN tough as a new product under the brand name “CONTURAN”, an alternative to the mechanically stressed display glazing. The product offers a high anti-reflection coating, sturdiness, and long life.
Schott AG, in Oct 2018, invested more than 20 million Euro in Indian manufacturing plant at Jambusar, Gujarat which will further boost the “Make in India” campaign of Indian Government as well as production capacity of pharmaceutical packaging and glass. Also, in March 2018, London-based FCFM acquired Romag from Clayton Glass for expansion into solar PV, architectural, transport, and security sector.
The prominent players of LOW-E glass market are SCHOTT, Asahi Glass, Saint-Gobain, Central Glass, Nippon Sheet Glass, Bendheim Glass, Xinyi Glass, China Yutian Holdings, Vitro Architectural Glass, DB Glass, Guardian Glass, and Glaz-Tech Industries. LOW-E glass manufacturers are concentrating on distinguishing their products from their opponents by using enhanced technology and innovations.
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e-business-is-continuously-mounting-and-becoming-one-of-the-extremely-important-segment-in-glass-industry-growing-awareness-among-populace-regarding-environmental-safety-and-cleanliness-measures-is-estimated-to-escalate-the-overall-market-in-the-fore
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Datum: 07.07.2020 - 12:55 Uhr
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