The global Low-E glass market reached US$39.4 billion in 2024
With the continuous development of the construction and automotive markets, the demand for Low-E glass products continues to grow. In 2024, the global Low-E glass market is expected to reach US$39.4 billion, with a compound annual growth rate of around 5.4%. The increase in construction projects and the awareness of consumers' energy conservation and environmental protection are the main driving forces for the development of the Low-E glass market. In addition, the advancement of nanotechnology has improved the waterproof and dustproof capacity of glass products. The reduction of glass weight is conducive to the wide application of automotive glass. These driving factors are also conducive to the further development of the Low-E glass market.
The global Low-E glass market can be divided according to the end market: construction, automotive, and others. According to the type of coating, it can be divided into: offline coating and on-line coating. According to the geographical location can be divided into: North America, Europe, Asia Pacific and other regions.
The construction industry remains the main application area for Low-E glass products. It is expected that during the forecast period, the development of new construction projects and the renovation of old buildings will jointly promote the development of the Low-E glass market. The urbanization and industrialization development will make the Asia-Pacific region a faster growth region during the forecast period.
The main manufacturers of Low-E glass in the world include: Asahi Glass, Saint-Gobain, Banzizi, Xinyi, CSG, Taiwan Glass, Corning and so on.