DALLAS, April 29, 2019 (GLOBE NEWSWIRE) -- 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.
Browse 25 market data tables and 107 figures spread through 194 pages and in-depth TOC on “Global Low-E Glass Market" at https://www.lucintel.com/low-e-glass-market.aspx
In this market, different types of low-e glass such as single glazing, double glazing, and triple glazing are used as glazing. 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.
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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.
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Emerging trends which have a direct impact on the dynamics of the low-e glass 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 and others are among the major low-e glass manufacturers.
Lucintel, a leading global strategic consulting and market research firm, has analyzed and forecasted for the global low-e glass market by end use industry, glazing, coating type, and region and has come up with a comprehensive research report entitled “Growth Opportunities in the Global Low-E Glass Market 2019-2024: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy as it provides a comprehensive data and analysis on trends, key drivers, and directions.
For a detailed table of contents, contact Lucintel at +1-972-636-5056 or mail at helpdesk@lucintel.com