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Opportunities For The Global Low-e Glass Market To Reach $39.4 Billion By 2024
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]:
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
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 firstname.lastname@example.org. Lucintel offerings include Construction Market Report, Construction Reports, Market Research Report, Capital Investment Feasibility and SWOT Analysis.
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?
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