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Low emissivity glass, often called low-e glass or low thermal emissivity glass, is a type of glass that emits low level of thermal energy. This type of glass is used for thermal insulation and maintaining the thermal control by absorbing and remitting the thermal radiations. Thus, in winters the heat originating from inside remains inside while in summers the heat in exterior of the room does not pass through the glass keeping the interior of the room cooler.
Increasing demand from industrial and residential sectors for low-e glass to regulate the temperature inside of any manufacturing facility or room is likely to create impact. Moreover, the technological advancement in the low-e glass, like making it dirt repellent and water repellent shall foster the market growth. The use of low-e glass in automobile sector to reduce the overall weight of the vehicle and increase the fuel efficiency. This is expected to boost the market growth.
However, blocking of the thermal radiation also includes blocking of radio and cell phone signals which can cause degradation in the cell phone reception. This is expected to limit the growth of the market.
Key Market Driver -
Increasing demand from end-use sectors.
Key Market Restraint -
Blocking of the radio and cell phone signals.
Based on coating type, the market is segmented into hard coating and soft coating. Based on glazing, the market is segmented into single glazing, double glazing and triple glazing. Based on end-use, the market is segmented into building & construction, automotive, and others.
From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
The global Low-E construction glass market consists of global & regional players operating. Some of the key players in the market include Asahi Glass, Nippon Sheet Glass, PPG Industries, Taiwan Glass Industries, Corning Incorporated, CSG Holdings, Xinyui Glass Holdings, Saint-Gobain, and others.
The market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific is expected to remain the largest market. The region is the fastest growing region attributed the rapid industrialization and growth in residential and commercial construction. Middle East and Africa is expected to show significant growth attributed to the high demand from consumers due to extremely hot and dry weather. North America is expected to show substantial growth due to the increasing adoption of low-e glass to improve the thermal control. Europe is expected to show considerable growth attributed to the increasing demand from industrial sector for process engineering and much broader range of application. Latin America is expected to show sluggish growth.
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