Low E- Glass market Size, Share, Growth, Trends, and Global Industry Analysis: By Glazing Type, By Coating type, By End- User and Region Forecast 2019-2030
Low E- Glass market was valued at US$ 27,351.8 million in 2023 and grew at 5.2% CAGR over the historical years (2019 - 2023). The Low E- Glass market is projected to reach US$ 40,255.9 million by 2030 at a CAGR of 5.7%. Low-E (low emissivity) glass is a very energy-efficient glazing material that is commonly employed in modern architecture because of its ability to limit heat transmission through windows. Low-E glass, which has a thin, transparent layer, reflects infrared light while allowing visible light to flow through, effectively lowering heat loss in colder months and minimizing heat gain in warmer weather. Its use in sustainable building has increased because it improves energy efficiency by maintaining indoor temperatures, which lowers heating and cooling expenses. This makes it an excellent alternative for environmentally sensitive building designs.
The increased global emphasis on energy efficiency and sustainability has prompted governments to impose stringent laws requiring the use of energy-efficient materials, such as Low-E glass. Building laws and standards, such as the Energy Performance of Buildings Directive (EPBD) in Europe and India's Energy Conservation Building laws (ECBC), have pushed the use of Low-E glass in commercial and residential construction projects.
Technological improvements in glass manufacturing techniques and materials are also expected to drive the industry, enabling the production of high-performance, long-lasting Low-E glass products. The market is principally driven by applications of single and double Low-E glass, with residential structures accounting for most revenue. As the demand for energy-saving technology develops, Low-E glass is becoming more popular as a critical component in sustainable and energy-efficient building designs.
Study Period
2024-2030Base Year
2023CAGR
5.2%Largest Market
Asia PacificFastest Growing Market
Asia Pacific
The growing awareness of energy efficiency in buildings is a major driver of the low-E glass market. Governments and organizations around the world are encouraging sustainable building principles to minimize energy use and combat climate change. Low-E glass is important in this trend because it minimizes heat transfer, reduces the need for heating and cooling systems, and contributes to overall energy savings. Stringent government rules are expected to fuel the market. Stricter building codes and energy efficiency standards, such as those outlined in the International Energy Conservation Code (IECC), require the use of energy-efficient materials, including low-E glass, in new construction and restoration projects. These requirements have considerably increased the use of low-E glass in the construction industry. Furthermore, the worldwide construction business is expanding rapidly, propelled by urbanization, population growth, and large-scale infrastructure development. As global building activity grows, there is a greater demand for energy-efficient materials such as low-E glass, which provides better insulation and lowers energy expenses.
However, the expensive initial cost of low-E glass is a significant barrier to its broad adoption. Low-E glass is made with innovative coating processes to increase its thermal performance. The technique includes adding tiny metallic oxide layers to the glass, which raises production costs and makes low-E glass more expensive than ordinary glass. This price point can be a barrier for both consumers and organizations, especially in areas with limited resources or where upfront expenditures are a big consideration. Furthermore, technological developments in glass manufacturing have created considerable prospects for the low-E glass market. Innovations in manufacturing techniques and coatings have enhanced low-E glass's performance, durability, and cost-effectiveness, making it more appealing to a wider spectrum of consumers. These developments also enable the development of customisable and high-performance low-E glass solutions, hence expanding market segments and increasing more demand for the product.
Based on regions, the market is segmented into North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa. The Asia-Pacific region is undergoing tremendous urbanization and construction activity, which is being driven by population increase, economic development, and urban migration. As new residential, commercial, and institutional buildings are built, the need for energy-efficient building materials such as low-E glass grows to satisfy sustainability goals, comply with building requirements, and improve occupant comfort. Low-E glass is especially useful in the Asia-Pacific region's different temperatures, which range from hot and humid tropical zones to cooler places. It reduces solar heat gain in hot weather while retaining heat in colder weather, resulting in energy savings and comfortable indoor temperatures throughout the year. The region is expected to grow significantly throughout the forecast period, driven by increased urbanization, increased construction activity, and increased awareness of energy conservation. China stands out as one of the Asia-Pacific's top glass users, owing to its fast-developing economy and enormous building industry. Rapid industrialization in India, along with stringent government pollution control rules, is driving up demand for low-E glass, particularly in the automotive, electrical, and electronics sectors.
Latin America
Europe
Asia Pacific
Middle East
North America
|
Report Benchmarks |
Details |
|
Report Study Period |
2024-2030 |
|
Market Size in 2023 |
US$ 27,351.8 million |
|
Market Size in 2030 |
US$ 40,255.9 million |
|
Market CAGR |
5.2% |
|
By Glazing Type |
|
|
By Coating type |
|
|
By End User |
|
Download Free Sample Report
The Low E- Glass market was valued at US$ 27,351.8 million in 2023 and is projected to reach US$ 40,255.9 million by 2030, growing at a CAGR of 5.7%.
Expanding construction projects, increased knowledge of energy-saving measures among developers and builders, and increased use of low-E-glass in automobiles are the primary market drivers propelling industry growth.
The expected trends in the global Low-E Glass Market include technological advancements, energy efficiency laws, environmental concerns, cost reductions, and economic benefits.
Market research is segmented based on glazing type, coating type, end-user, and region.
Asia-Pacific is estimated to fastest growing with the highest CAGR over the forecast period.
| 1.Executive Summary |
| 2.Global Low E- Glass Market Introduction |
| 2.1.Global Low E- Glass Market - Taxonomy |
| 2.2.Global Low E- Glass Market - Definitions |
| 2.2.1.Glazing Type |
| 2.2.2.Coating type |
| 2.2.3.End User |
| 2.2.4.Region |
| 3.Global Low E- Glass Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4.Global Low E- Glass Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5.Global Low E- Glass Market By Glazing Type , 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 5.1. Single Glazing |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Double Glazing |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Triple Glazing |
| 5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 6.Global Low E- Glass Market By Coating type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 6.1. Soft Coating |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Hard Coating |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 7.Global Low E- Glass Market By End User, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 7.1. Building and Construction |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Automotive |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Aerospace |
| 7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Others |
| 7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 8.Global Low E- Glass Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Europe |
| 8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Asia Pacific (APAC) |
| 8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Middle East and Africa (MEA) |
| 8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. Latin America |
| 8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 9.North America Low E- Glass Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 9.1. Glazing Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Single Glazing |
| 9.1.2.Double Glazing |
| 9.1.3.Triple Glazing |
| 9.2. Coating type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.Soft Coating |
| 9.2.2.Hard Coating |
| 9.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.Building and Construction |
| 9.3.2.Automotive |
| 9.3.3.Aerospace |
| 9.3.4.Others |
| 9.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.4.1.United States of America (USA) |
| 9.4.2.Canada |
| 10.Europe Low E- Glass Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 10.1. Glazing Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Single Glazing |
| 10.1.2.Double Glazing |
| 10.1.3.Triple Glazing |
| 10.2. Coating type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Soft Coating |
| 10.2.2.Hard Coating |
| 10.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.Building and Construction |
| 10.3.2.Automotive |
| 10.3.3.Aerospace |
| 10.3.4.Others |
| 10.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.4.1.Germany |
| 10.4.2.France |
| 10.4.3.Italy |
| 10.4.4.United Kingdom (UK) |
| 10.4.5.Spain |
| 11.Asia Pacific (APAC) Low E- Glass Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 11.1. Glazing Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Single Glazing |
| 11.1.2.Double Glazing |
| 11.1.3.Triple Glazing |
| 11.2. Coating type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Soft Coating |
| 11.2.2.Hard Coating |
| 11.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.Building and Construction |
| 11.3.2.Automotive |
| 11.3.3.Aerospace |
| 11.3.4.Others |
| 11.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.4.1.China |
| 11.4.2.India |
| 11.4.3.Australia and New Zealand (ANZ) |
| 11.4.4.Japan |
| 11.4.5.Rest of APAC |
| 12.Middle East and Africa (MEA) Low E- Glass Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 12.1. Glazing Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Single Glazing |
| 12.1.2.Double Glazing |
| 12.1.3.Triple Glazing |
| 12.2. Coating type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Soft Coating |
| 12.2.2.Hard Coating |
| 12.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Building and Construction |
| 12.3.2.Automotive |
| 12.3.3.Aerospace |
| 12.3.4.Others |
| 12.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.4.1.GCC Countries |
| 12.4.2.South Africa |
| 12.4.3.Rest of MEA |
| 13.Latin America Low E- Glass Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 13.1. Glazing Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1.Single Glazing |
| 13.1.2.Double Glazing |
| 13.1.3.Triple Glazing |
| 13.2. Coating type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1.Soft Coating |
| 13.2.2.Hard Coating |
| 13.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1.Building and Construction |
| 13.3.2.Automotive |
| 13.3.3.Aerospace |
| 13.3.4.Others |
| 13.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.4.1.Brazil |
| 13.4.2.Mexico |
| 13.4.3.Rest of LA |
| 14. Competition Landscape |
| 14.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 14.2.1.Nippon Sheet Glass Co., Ltd |
| 14.2.2.CSG Holding Co. Ltd |
| 14.2.3.China Glass Holdings Limited |
| 14.2.4.Sisecam |
| 14.2.5.Corning Inc |
| 14.2.6.Saint-Gobain SA |
| 14.2.7.Asahi Glass Co., Ltd |
| 14.2.8.Taiwan Glass Industry Corporation |
| 14.2.9.PPG Industries, Inc |
| 15. Research Methodology |
| 16. Appendix and Abbreviations |
Key Market Players
Author
Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand forecasting, and pricing analysis, I am able to make precise projections. I have extensive practical knowledge in Time Series Analysis (TSA), Simple Linear Regression (SLR), Multiple Linear Regression (MLR), Seasonality & Trend Forecasting, and Forecasting Models for New Products, among others. Additionally, I have hands-on experience with tools such as Power BI and SQL. I am highly committed, self-motivated, and possess a strong entrepreneurial spirit. Over the past 8 years, my team and I have built a robust clientele in various sectors, including Packaging, Pharma, Medical Devices, Oil & Gas, and Chemicals & Materials. We have provided a wide range of services, from management consulting to market forecasting and survey-related projects. I am particularly proud to have provided consulting services to one of the industry’s leading COVID-19 vaccine manufacturers for a packaging-related project. In the packaging space, I have served clients across a range of segments, including packaging printing, consumer packaging, flexible packaging, rigid packaging, and pharmaceutical packaging, to name a few. I deeply appreciate the efforts of my team and am grateful to our clients for their continued trust.
Download Free Sample
