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Global Low-E Glass Market by Manufacturers, Regions, Type and Application, Forecast to 2021

2017-01-18

Low-E GlassLow-E glass is also termed as low emissivity coated glass, and it is a kind of glass which has a low emissivity coating silver and metal-oxide film coated on its surface and so the glass adapts to several colors. It is a kind of energy-efficient glass specifically created to avoid heat scarpering via the windows to the outdoors which is cold. Low-E glass’s key functionality is to lessen the ‘U’ value of the glass, exclusively reduce ‘Sc’ and overall enhance the energy-saving property of the glass. It also helps in saving money on the exorbitant heating bills and is way more effective than the single glazing or double glazing. The other main features of low-E glass are the capacity to directly reflect far-off infrared thermal radiation, greater infrared reflective, lessened surface emissivity, and vast range of shading coefficient Sc. The low-E glass segment can be segmented into sun shading low-E glass and high transmission low-E glass.

Since the early 90s, the governments of various nations have introduced policies which aids in backing the development of the building energy-efficient industries; this as a result, fuels the global demand of the low-E glass. Globally, the total annual capacity of low-E glass startles from 25 million m2 in 2005 to 660 million m2 in 2015, thereby growing at a CAGR of 38.7%. China’s market of low-E glass escalates swiftly and the restraint of developing technologies results to a reduced usage capacity rate. China’s total production output of low-E glass in 2014 rose to 11.9% year on year to 150 million m2. Although, the capacity usage rate of the low-E glass market was just a mere 25.1%. This region’s market penetration rate is less than 15%, still dawdling way behind the United States, Europe, South Korea, Japan, and rest of the emerged countries.

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The alteration and modification in the real estate market around the world in the past two years have induced fluctuations in the cost of low-E glass. For e.g., according to the research, the total cost of a 6mm silver coated low-E glass has descended from RMB210 per weight case in 2012 to RMB12 per weight case in 2015. A few of the key players of this industry in the world are Saint-gobain, Guardian Industries, NSG, Schott, PPG, Padihamglass, Cardinal Glass, CSG Holding, AGC, Xinyi Glass, and Yaohua Pilkington Glass.