Global Low-Emissivity Coating Glazing Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Low-Emissivity Coating Glazing Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Low E stands for Low Emissivity, which is defined as the amount of radiation emitted or absorbed from a surface. Low-Emissivity Coating Glazing has a microscopic transparent coating on the surface, which is selectively reflective. It allows natural light to pass through the glass in both directions while reflecting ultraviolet and infrared light into the environment. In summer, this reflective coating reflects heat into the atmosphere. In winter, the reflective coating sends heat back into the interior to keep it comfortable. This innovative coating, together with the space between the glass panels, acts as an excellent insulator for the dwelling. Low-Emissivity Coating Glazing is widely used in modern buildings and can significantly affect the overall performance of windows and the overall heating, lighting, and cooling costs of a building.

Market Overview:

The latest research study on the global Low-Emissivity Coating Glazing market finds that the global Low-Emissivity Coating Glazing market reached a value of USD 8750.2 million in 2022. It’s expected that the market will achieve USD 14401.6 million by 2028, exhibiting a CAGR of 8.66% during the forecast period.

Rapid advances in production technology drive new products

Given the growing market prospects, Low-Emissivity Coating Glazing enterprises have intensified their efforts in developing and manufacturing more advanced designs to meet the increasing demands of customers. Solarban® R77, designed by Vitro Architectural Glass for 2021, aims to fill a specific niche within its portfolio, providing architects with a pleasing exterior reflective color that captures the visual character of the sky and surroundings, while enabling specifiers to Meet increasingly stringent building code requirements. In a clear 1-inch insulating glass unit (IGU), Solarban ® R77 glass offers a Solar Heat Gain Coefficient (SHGC) of 0.25 and a Visible Light Transmission (VLT) of 47%, providing clear exterior views, soft and natural interior lighting, Neutral lighting. In 2022, KCC Glass will announce the launch of the Cullinan series of ultra-high thermal insulation double-layer low-emissivity glass with the world's best thermal insulation performance. The Cullinan series is based on 26mm double-layer glass and has a thermal conductivity of 0.97W/m2K, which is the product with the highest thermal conductivity among existing products in the world. The light solar heat gain (LSG) coefficient, which measures the coating performance, is 2.25, the highest in the world among double-layer Low-E glass products, enabling bright interior decoration while maintaining high thermal insulation performance. KCC Glass plans to launch additional series of products in various colors such as silver and gray this year. Şişecam 2022 Temperable Solar Low-E Neutral Glass 40/22 was one of the most outstanding products at Şişecam's booth, offering maximum thermal insulation and solar control. As well as creating a neutral effect on facades, Neutral 40/22 offers a solution for warm climates and skylights, with a U-value of 1.0 W/m²K and controlled daylight. Therefore, key players in the Low-Emissivity Coating Glazing industry accelerate the launch of innovative products and study the market and its target audience in detail.

Greening glass production

Because melting raw materials such as sand, soda ash, and limestone requires running equipment at high temperatures for long periods, glassmaking is an energy-intensive industry, and companies are looking for ways to significantly reduce greenhouse gas emissions associated with glass production. For example, the French glass manufacturing company Saint-Gobain will complete the world's first carbon-neutral flat glass in 2022, which is made using 100% recycled glass and 100% green energy generated from decarbonized electricity and biogas. Saint-Gobain aims to achieve a cullet utilization rate of 50% at its French plant and 40% at its other production sites around the world. The cullet mainly comes from in-line cullet, cullet from customer processing plants, and end-of-life glass from refurbishment and deconstruction sites. Because glass is a sustainable material. While it doesn't degrade, the cullet can then be reheated and form new objects. Moreover, the melting of the cullet does not directly produce carbon dioxide, and the furnace does not need to burn so violently when it is used to melt the cullet. Germany has the best solar glass production technology in the world and Gridparity AG is working with glass technology experts and investors to develop a concept for building the world's first fully electric solar glass production line. It could then be replicated as a pilot plant in Europe. Furthermore, sustainable electricity will play an important role in the transformation of the glass industry as it has the highest energy efficiency of all energy sources. By replacing 80% of natural gas with renewable electricity, and combining it with other innovative energy sources such as hydrogen, hybrid furnace technology can cut direct CO2 emissions by more than half. Therefore, green glass production can help improve production efficiency and reduce emissions and will become a popular trend in the glass industry.

Its own multiple advantages

Low-Emissivity Coating Glazing has multiple advantages. First, it helps keep a home cool in summer and warm in winter, reducing reliance on heating and cooling systems. Houses installed with Low-Emissivity Coating Glazing can save a lot of energy bills. For homes living in extreme weather climates, Low-E glass is the best choice as it offers better UV protection and has a better overall U-value. Second, since the Low-E coating is applied to the inside of the glass, it cannot be rubbed off or damaged. Low-E coatings' effective barrier to heat protects furniture, flooring, and upholstery. Prevents UV rays from penetrating and damaging furniture. Additionally, the installation of new energy-efficient windows will increase the future value of a property, as consumers increasingly prefer to purchase homes with energy-efficient, money-saving features. The multiple advantages of Low-Emissivity Coating Glazing make it more and more popular among consumers.

Region Overview:

In 2022, the share of the Low-Emissivity Coating Glazing market in Asia Pacific stood at 49.80%.

Company Overview:

The major players operating in the Low-Emissivity Coating Glazing market include Saint-Gobain, NSG, Guardian Industries, AGC, Cardinal Glass, etc. Among which, Saint-Gobain ranked top in terms of sales and revenue in 2023.

Segmentation Overview:

By type, Double Low-E Glass segment accounted for the largest share of market in 2022.

Application Overview:

By application, the Commercial Use segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Low-Emissivity Coating Glazing market covered in Chapter 3:

KIBING
Jinjing Group
NSG
Saint-Gobain
Vitro
AGC
CSG Holding
Xinyi Glass
Sisecam
Yaohua Pilkington Glass
Taiwan Glass
Cardinal Glass
Guardian Industries

In Chapter 4 and Chapter 14.2, on the basis of types, the Low-Emissivity Coating Glazing market from 2018 to 2029 is primarily split into:

Single LOW-E Glass
Double LOW-E Glass
Triple LOW-E Glass

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Low-Emissivity Coating Glazing market from 2018 to 2029 covers:

Commercial Use
Residential Use
Industrial Use

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)