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Market Report on Global and China Low-E Glass Industry [2015-2018]

  • Date Submitted: 01/19/2016 09:49 PM
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Jan., 20, 2016, Mumbai, India: Market Reports on China presents the report, on “Market Report on Global and China Low-E Glass Industry [2015-2018]”. Although Chinas Low-E glass capacity grows rapidly, the constraint of production technologies (especially online coating technology) leads to a low capacity utilization rate.

Low-E glass, a new type of energy-saving glass, is mainly used in the field of building energy conservation. Chinese Government has introduced policies to support the development of the building energy efficiency industry since the 1990s, which propels the advancement of Low-E glass. "http://www.marketreportsonchina.com/industry-mfg-market-research-reports-2503/global-china-low-e-glass.html" The annual Low-E glass capacity jumps from 25 million m2 in 2005 to 660 million m2 in 2015, presenting a CAGR of 38.7%.

Although Chinas Low-E glass capacity grows rapidly, the constraint of production technologies (especially online coating technology) leads to a low capacity utilization rate. In 2014, Chinas Low-E glass output ascended 11.9% year on year to 150 million m2, while the capacity utilization rate was only 25.1%. In 2015, the capacity utilization rate is expected to hit 25.8% amid the stable glass market. In addition, China's Low-E glass penetration rate is less than 15%, still lagging far behind 80% in Europe, Japan, South Korea, the United States and other developed countries.

In the past two years, the adjustment in real estate market has incurred fluctuations in the Low-E glass price. For example, the price of 6mm single-silver Low-E glass dropped from RMB210 /weight case in 2012 to RMB120/weight case in mid-2015.

The world's leading Low-E glass manufacturers include the US-based PPG, Japan-based NSG and AGC, France-based Saint-Gobain, China-based CSG, Taiwan Glass Group, Kibing Group and so on. These players have taken measures in response to falling commodity prices and downward market trends, like PPG develops higher value-added...

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