Low-E Glass Market- Industry Outlook, Size, Share, Growth Prospects, Key Opportunities, Trends and Forecasts 2017- 2022
Technavio Announces the Publication of its Research Report Global Low-E Glass Market 2017-2021
Technavio recognizes the following companies as the key players in the global low-E glass market: Asahi Glass, Central Glass, Nippon Sheet Glass, Saint-Gobain, and SCHOTT.
Other Prominent Vendors in the market are: Bendheim Glass, China Glass Holdings, CHINA YUTIAN HOLDINGS, DB Glass, Glaz-Tech Industries, GUARDIAN GLASS, Sisecam Group, Vitro Architectural Glass, and Xinyi Glass.
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Commenting on the report, an analyst from Technavios team said: One trend in the market is increasing number of skyscrapers. Earlier, skyscrapers were only a few in number.
However, with the decreasing availability of land and increasing urban population, the number of skyscrapers in cities has also increased. These buildings use curtain walls to reduce the construction cost.
With the development of low-e glass that ensures energy savings through heat reflection, manufacturers also started promoting low-e glass in large structures.
According to the report, one driver in the market is increasing focus on building energy efficiency. Building design and construction materials play a vital role in deciding the energy efficiency of a building as they help in increasing or decreasing its heating or cooling and lighting requirements.
Building facades and glass are the major elements in deciding the energy efficiency of the building as they transfer heat into the building and elevate the need for air conditioning, thereby increasing the energy consumption. With the help of low-e glass, the heat entering the building can be reduced considerably, in turn, reducing the energy consumption for cooling.
In addition, low-e glass coatings do not allow the transfer of heat out of a room. Instead, it reflects the heat back to the room, thereby maintaining the temperature.
This helps in reducing the energy needed for HVAC systems.
Further, the report states that one challenge in the market is fluctuating cost of raw materials. The fluctuating raw material cost is one of the major challenges faced by all glass manufacturers, including low-e glass manufacturers.
Industrial salt and soda ash are the basic raw materials needed for glass manufacturing. Any small fluctuation in prices of these components has a huge impact on the price of glass as it is directly linked to the production.
Industrial salt is easily available in the market. Most manufacturers prefer purchasing bulk quantities of the salt as it helps in saving transportation and packaging costs.
Buying in bulk also allows the buyers to get the product at a cheaper rate.
Full report with Table of Content: marketreportscenter.com/reports/56…-market-2017-2021
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
About Low-E Glass
Low-e glass has a coating, which is thinner than a human hair and reflects infra-red and ultraviolet rays. This helps in maintaining appropriate temperature conditions in a building.
For instance, during the winter season, the glass helps to trap the hot air inside the building. This thermal encapsulation helps in reducing the energy consumption of the HVAC systems, which, in turn, helps in reducing the energy bills as well as carbon emissions.
Moreover, the performance of low-e glass can be increased by providing various thermal emissive coatings through which the emission rate can be effectively controlled. For instance, an asphalt material surface has a thermal emissivity of 0.88 while aluminum foil only has 0.03.
Technavios analysts forecast the global low-E glass market to grow at a CAGR of 9.92% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global low-E Glass market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
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