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China low-E glass industry forecast 2014-2017

The most recent report on China’s low-E glass industry provides global market analysis, shares, size, trends and growth, as well as a forecast up to 2017. It is estimated that the demand for low-E glass in China will grow at a CAGR of around 23.5% during 2014 to 2017.

Low emissivity glass or low-E glass is an energy-saving glass having high-quality heat-resistance performance, lower rate of thermal emission, and effective light and thermal control capacities. It is majorly used in electronics, building, automobile and other fields. The low-E glass production of China, encouraged by positive factors such as energy conservation, technological improvement, and emission reduction, increased from 6 million sq.m. in 2005 to 134 million sq.m. in 2013 at a 47% CAGR, and is estimated to rise further to 152 million sq.m. in 2014.
The report with table of contents can be found at: http://www.researchmoz.us/global-and-china-low-e-glass-industry-report-2014-2017-report.html
The penetration rate of the low-E glass market in China is around 11% only, although it can realize large-scale production in the region. The low-E glass market of China still lags behind Germany, the US, South Korea, and other developed nations (mostly over 80%) that leave large room for growth in the Chinese market. It is estimated that the demand for low-E glass in China will grow at a CAGR of around 23.5% during 2014 to 2017.
Mainland China’s low-E glass market was highly concentrated prior to 2009 as six big companies held a collective 70% of total low-E glass market share. But, with the growing number of companies engaged, the low-E glass market’s concentration started to decline. The top six companies were left with just 47.4% of the total low-E glass market share in 2014. At present, major Chinese low-E glass market players are continuing actively with their competence development to improve competitiveness.
In September 2013, Taiwan Glass Group put up USD 240 million to build a low-E glass factory in Shenyang. The project is to be accomplished in two phases, of which, the first phase focuses on a low-E laminated glass manufacturing and the second phase focuses on low-E vacuum glass manufacturing. This project is likely to be finished and put into production by the end of 2015.

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