According to a new market report published by Lucintel,
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 $39.4 billion by 2024 with
a CAGR of 5.4% from 2019 to 2024. The major drivers for this market are growth
in construction activities and increasing awareness towards energy saving in
residential and non-residential construction industries.
In this market single, double, and triple glazing low-e
glass are used for energy saving in various end use industries. On the basis of
comprehensive research, 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.
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. Asahi Glass, Saint-Gobain, Nippon Sheet Glass, Xinyui Glass Holdings,
PPG Industries, CSG Holdings, Taiwan Glass Industries, and Corning Incorporated
are among the major suppliers of low-e glass market.
Lucintel, a
leading global strategic consulting and market research firm, has analyzed
growth opportunities in the global low-e glass market by end use industry, glazing,
coating type, and region, and has compiled a comprehensive research report
entitled “Growth Opportunities in the Global Low-E Glass
Market 2019-2024.” The
Lucintel report serves as a catalyst for growth strategy by providing comprehensive
data and analysis on trends, key drivers, and directions. The study includes a
forecast for the global low-e glass market by end use industry, glazing, coating type, and region, as
follows:
By End Use Industry [Value ($ Million) and Volume (Million Square Meter) from
2013 to 2024]:
· Building
Ø
Residential
Ø
Education
Ø
Office
Ø
Healthcare
Ø
Hospitality
Ø
Retail
· Automotive
· Others
By Glazing [Value ($ Million) from 2013 to 2024]:
· Single
Glazing
· Double
Glazing
· Triple
Glazing
By Coating Type [Value ($ Million) from 2013 to 2024]:
· Offline/Hard
Coating
· Online/Soft
Coating
By Region [Value
($ Million) and Volume (Million Square Meter) from 2013 to 2024]:
· North America
· Europe
· APAC
· ROW
This
194-page research report will enable you to make confident business decisions
in this globally competitive marketplace. For a detailed table of contents,
contact Lucintel at +1-972-636-5056 or helpdesk@lucintel.com.
Lucintel offerings include Construction Market Report, Construction Reports, Market Research Report, Capital Investment Feasibility and SWOT
Analysis.
About
Lucintel
Lucintel,
the premier global management consulting and market research firm, creates
winning strategies for growth. It offers market assessments, competitive
analysis, opportunity analysis, growth consulting, M&A, and due diligence
services to executives and key decision-makers in a variety of industries. For
further information, visit www.lucintel.com.
This report addresses the following key
questions:
Q. 1. What are some of the most promising,
high-growth opportunities for the global 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 product segment will grow at a
faster pace and why?
Q. 3. Which region will grow at a faster pace
and why?
Q.4.What are the key factors affecting market
dynamics? What are the drivers, challenges, and business risks in this market?
Q.5.What are the business risks and competitive
threats in this market?
Q.6.What are the emerging trends in this
market and the reasons behind them?
Q.7.What are some of the changing demands of
customers in the market?
Q.8.What are the new developments in the market
and which companies are leading these developments?
Q.9. Who are the major players in this
market? What strategic initiatives are being taken by key companies for
business growth?
Q.10.What are some of the competing products
in this market and how big of a threat do they pose for loss of market share by
product substitution?
Q. 11. What M&A activity has occurred in
the last 5 years?
