In a report added by MarketResearchReports.biz, the global low-e glass market is predicted to register an estimated CAGR of 15.51% between 2016 and 2021. The report is titled “Global Low E-Glass Market - By Type (Single, Double, Triple), By Application (Residential, Commercial): Analysis By Region, By Country - Opportunities And Forecast (2016-2021) - By Type (Single Low E-Glass, Double Low E-Glass, Triple Low-E Glass); By Application (Residential, Commercial, Others), By Region (North America, Europe, APAC, ROW), By Country (US, Canada, Germany, UK, China, India, Saudi Arabia, Brazil, South Africa)”.
Low-e glass coatings are highly demanded in the present time where global warming is a serious issue. With thickness as less than that of a human hair and transparent coating, low-e or low emissivity glass can significantly reflect long as well as short-wave infrared heat from outside, keeping the room cooler during summer. In winter, it traps the heat inside through reflection to help maintain a warmer temperature. In this regard, the market for low-e glass is expected to be influenced by the rise in heat radiations globally, which also increases carbon dioxide emissions.
The need for natural light and its optimization across various applications, such as home interiors, is also anticipated to boost the low-e glass market on a global stage. Solutions related to daylight transmission will prove to be critical for the growth of the market.
According to product type, the low-e glass market has been classified into single low-e glass, double low-e glass, and triple low-e glass. Of which, the double low-e glass segment is prophesied to make the cut by growing at a faster rate than other segments in the aforementioned classification. However, the triple low-e glass market is expected to grow closely with double low-e glass market, although the later acquires a colossal percentage share.
On the basis of coating type, the market for low-e glass is segmented into online or hard coat low-e glass and offline or soft coat low-e glass. With reference to its impressive reflective features and transparent appearance, offline low-e glass is foreseen to achieve mammoth demand compared to the other coating type over the forecast period.
Geographically, the market segmentation includes countries such as Brazil, Canada, India, South Africa, Germany, US, Saudi Arabia, UK, and China. Among the key regions studied in the report, viz. North America, Europe, and Rest of the World (RoW), Asia Pacific (APAC) is envisaged to expand at a greater pace on the back of advanced infrastructure and growing regulations.
The report gives an expansive analysis of the competitive landscape by profiling the leading players in the low-e glass market, which include PPG Industries, AGC Group, Saint Gobain, Nippon Sheet Glass Co. (NSG Group), and Guardian Glass among others.
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