AUS
NZ
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Government regulations worldwide, aimed at promoting energy efficiency and sustainability, are propelling the adoption of energy-saving building materials like low-E glass. Initiatives such as the Energy Performance of Buildings Directive (EPBD) in Europe and Energy Conservation Building Codes (ECBC) in India mandate the integration of such technologies in construction projects.
𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 : https://www.alliedmarketresearch.com/request-sample/A15849
Prime determinants of growth
The global low e-glass market growth is driven by cost savings and economic benefits associated with the use of low e-glass. While low-E glass incurs higher initial cost compared to conventional glass, its long-term economic benefits outweigh the investment. The energy-saving properties of low-E glass result in reduced heating, cooling, and lighting expenses over the building's lifecycle. Moreover, the improved comfort levels and daylight utilization offered by low-E glass can enhance occupant productivity and well-being, translating into indirect economic gains for building owners and tenants. As energy prices continue to rise and businesses prioritize cost reduction strategies, the financial advantages of low-E glass become increasingly attractive, stimulating market demand. However, one of the primary restraints for the widespread adoption of low-E glass is its high initial costs. Low-E glass is produced using advanced coating technologies that enhance its thermal performance. The manufacturing process involves applying thin layers of metallic oxides to the glass surface, making it more expensive than traditional glass. This cost deters some consumers and businesses from choosing low-E glass, especially in regions with budget constraints or where the upfront investment is a significant concern.
The double low e-glass segment to maintain its lead position during the forecast period.
By type, the double low e-glass segment accounted for the largest share in 2022, contributing to more than two-fifths of the global low e-glass market revenue. Double low-e glass provides even greater energy efficiency compared to single low-e glass. By having two layers of low-e coatings, it further reduces the amount of heat transfer through the glass, both in terms of heat gain during summer and heat loss during winter. This results in reduced energy consumption for heating and cooling, making buildings more environmentally friendly and cost-effective to operate.
𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐄𝐧𝐪𝐮𝐢𝐫𝐲 𝐑𝐞𝐩𝐨𝐫𝐭 @ https://www.alliedmarketresearch.com/purchase-enquiry/A15849
The building and construction segment to maintain its lead position during the forecast period.
By end-user industry, the building and construction segment accounted for the largest share in 2022, contributing to more than two-thirds of the global low e-glass market revenue. Low-e glass helps improve the energy efficiency of buildings by reducing heat transfer through windows. This means that during hot weather, low-e glass helps keep the interior cooler by reflecting solar heat away from the building, thus reducing the need for air conditioning. In colder weather, it helps retain heat inside the building by reflecting radiant heat back into the interior, reducing heating costs. Moreover, with growing concerns about climate change and environmental sustainability, there is increasing pressure on the construction industry to reduce energy consumption and greenhouse gas emissions. Low-e glass is considered a sustainable building material because it helps reduce energy usage, which aligns with sustainability goals and regulatory requirements in many regions.
Europe to maintain its dominance by 2032
By region, Europe held the highest market share in terms of revenue in 2022, accounting for more than one-third of the global low e-glass market and is projected to register the CAGR of 6.0% during the forecast period. Moreover, there is a growing awareness among European consumers about the importance of energy efficiency and sustainable living. Homeowners and businesses are increasingly inclined to invest in energy-efficient upgrades that offer long-term cost savings and environmental benefits. Low-E glass, with its ability to reduce energy consumption, enhance indoor comfort, and lower utility bills, resonates with environmentally conscious consumers. As a result, there is a rising demand for low-E glass in residential, commercial, and institutional buildings across Europe.
𝐈𝐧𝐭𝐞𝐫𝐞𝐬𝐭𝐞𝐝 𝐢𝐧 𝐏𝐫𝐨𝐜𝐮𝐫𝐢𝐧𝐠 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭? 𝐕𝐢𝐬𝐢𝐭 𝐇𝐞𝐫𝐞: https://www.alliedmarketresearch.com/low-e-glass-market/purchase-options
Leading Players:
Key market players such as CENTRAL GLASS CO., LTD., Taiwan Glass Ind. Corp., and others employ various strategies like new product launches and collaborations to maintain market dominance.
The report offers a comprehensive analysis of these players, highlighting their business performance, product portfolio, and strategic initiatives, providing valuable insights into the competitive landscape of the market.
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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