The Low Emissivity Film Market size is projected to be worth USD 335.8 million in 2023. The market is likely to surpass USD 536.6 million by 2033 at a CAGR of 4.8% during the forecast period. Low emissivity films are usually applied on windows, which can prevent UV rays from entering inside a room.
The low emissivity film contains metal oxide as a base material, which can prevent UV rays. The manufacturers of the low emissivity states that, the films absorb around 70%-80% of the heat, which can help in saving 50% of electricity which is used for cooling the room. The films are easy to install and does not need any skilled worker.
Drivers Propelling the Demand for Low Emissivity Film include:
Restraints in the Low Emissivity Film Market:
Opportunities in the Low Emissivity Film Industry:
Latest Trends in the Low Emissivity Film Market:
Attribute | Details |
---|---|
Low Emissivity Film Market Size (2023) | USD 335.8 million |
Low Emissivity Film Market Projected Size (2033) | USD 536.6 million |
Value CAGR (2023 to 2033) | 4.8% |
From 2018 to 2022, the global Low Emissivity Film market experienced a CAGR of 3.6%, reaching a market size of USD 320.4 million in 2022.
Low-emissivity (low-E) films play a significant role in high heat absorbing multiple glass units, which can save a significant amount of heat energy in buildings. This remarkable advancement is regarded as one of the most significant developments in the flat glass sector in the last century.
The origins of low-E films in the 1960s, their commercialization in the 1970s, and, most importantly, subsequent developmental steps followed by, and in some cases actively co-designed by, market makers are portrayed.
According to the International Energy Agency (IEA) Paris, building accounts for approximately 30% of total energy consumption and 55% of total world power use. Several programme are being launched to create energy-efficient buildings in response to increased attempts to reduce individual energy consumption. Low-E glass demand is being driven by conscious efforts in the residential and commercial sectors to reduce energy usage.
From 2018 to 2022, with the entrance of new players, and the expansion of the market players in the new markets is driving the market growth. Also, the need for energy consumption and temperature control is increasing, resulting in boosting the market growth.
Looking ahead, the global low emissivity film industry is expected to rise at a CAGR of 4.8% from 2023 to 2033. During the forecast period, the market size is expected to reach USD 536.6 million.
According to ENERGY.GOV Buildings account for more than 40% of total US energy consumption, with approximately 40% being attributed to the operation of heating, ventilation, and air-conditioning systems.
Saving fuel for cooling and heating buildings could make a significant contribution to sustainability. Low-emissivity films for building walls, which serve as the primary component of the thermal envelope. High reflectance in the infrared wavelength range (90%) and selectable reflectance in the visible light wavelength range for chosen colors.
These films can serve to reduce radiative heat exchange between the indoor and outdoor settings, saving energy for year-round cooling and heating while providing the desired visual impact. According to simulations, these coatings can assist minimize heat intake and loss by up to 257.6 MJ per installation wall area per year.
The market in Asia Pacific is expected to grow at the fastest rate during the forecast period, owing to rapid urbanization, smart cities, and skyscraper projects throughout the region, which are significant driving factors for market revenue growth during the forecast period.
Country | China |
---|---|
Market Size (USD million) by End of Forecast Period (2033) | USD 34.9 million |
CAGR % 2023 to End of Forecast (2033) | 4.1% |
The low emissivity film industry in the China is expected to reach a market share of USD 34.9 million by 2033, expanding at a CAGR of 34.9%.
The market in China is expected to grow at the fastest rate during the forecast period, owing to rapid expansion in smart cities, urbanization, and skyscraper projects throughout the country, which are significant driving factors for market revenue growth during the forecast period.
The People's Republic of China (PRC) government has pledged to make renewable energy 20% of the energy mix by 2030 and to reduce carbon intensity by 17%.
Country | USA |
---|---|
Market Size (USD million) by End of Forecast Period (2033) | USD 48.2 million |
CAGR % 2023 to End of Forecast (2033) | 3.0% |
The low emissivity film industry in the USA is expected to reach a market share of USD 48.2 million, expanding at a CAGR of 3.0% during the forecast period.
Over the forecast period, the United States is anticipated consistent revenue growth. The growing use of UV filters and sophisticated thermal insulation technologies in green building regulations in the United States is driving revenue growth in the business.
Furthermore, the California Air Resources Board (CARB) legislation requiring the installation of low-E glass film on all new cars in order to improve fuel efficiency and reduce carbon emissions is propelling revenue growth in the country.
The solar control low E-Film segment is expected to dominate the low emissivity film industry with a CAGR of 4.4% from 2022 to 2033. Solar low e-film is an excellent choice for homes in any kind of weather.
They help keep heat outside on hot days and inside on cold days. This improves comfort by stabilizing temperature, reducing the cooling and heating system demands, and lowering energy expenses.
The automotive glass segment is expected to dominate the low emissivity film industry with a CAGR of 3.8% from 2022 to 2033. This film significantly enhances the energy efficiency of glass by lowering the quantity of solar radiation admitted into a structure through window apertures.
The goal of low-e films is to lower the quantity of solar radiation that enters a building from the infrared section of the solar spectrum while yet letting a high level of light in.
With the new entrants the low emissivity film industry is highly competitive, trying to gain market share. Key players in the low emissivity film market remain competitive by inventing and producing new solutions that satisfy changing client needs. The market players are focusing on research and development which can help to keep them updated with latest technologies and trends.
Key Strategies Adopted by the Players
Strategic Partnerships and Collaborations
For the development of companies, the market players are adopting partnership and collaboration, which can help them gain competitive advantage and get access to latest technologies and trends in the market.
Increasing Product Efficiency and Accuracy
The market players are adopting new strategies, which can help them in product innovation, increased efficiency and accuracy of these films. These market players are investing heavily in research and development for better growth in market.
Expansion into Emerging Markets
The major key players in market are expanding their operations in new emerging markets to increase customer base. In addition, they are collaborating with other companies for entering the market.
Table 01: Global Market Value (US$ Million) Analysis, By Application, 2018H to 2033F
Table 02: Global Market Volume (Tonnes) Analysis, By Application, 2018H to 2033F
Table 03: Global Market Value (US$ Million) Analysis, by Film Type, 2018H to 2033F
Table 04: Global Market Volume (Tonnes) Analysis, by Film Type, 2018H to 2033F
Table 05: Global Market Value (US$ Million) Analysis, by End Use, 2018H to 2033F
Table 06: Global Market Volume (Tonnes) Analysis, by End Use, 2018H to 2033F
Table 07: Global Market Value (US$ Million) Analysis, by Region, 2018H to 2033F
Table 08: Global Market Volume (Tonnes) Analysis, by Region, 2018H to 2033F
Table 09: North America Market Value (US$ Million) Analysis, By Application, 2018H to 2033F
Table 10: North America Market Volume (Tonnes) Analysis, By Application, 2018H to 2033F
Table 11: North America Market Value (US$ Million) Analysis, by Film Type, 2018H to 2033F
Table 12: North America Market Volume (Tonnes) Analysis, by Film Type, 2018H to 2033F
Table 13: North America Market Value (US$ Million) Analysis, by End Use, 2018H to 2033F
Table 14: North America Market Volume (Tonnes) Analysis, by End Use, 2018H to 2033F
Table 15: North America Market Value (US$ Million) Analysis, by Country, 2018H to 2033F
Table 16: North America Market Volume (Tonnes) Analysis, by Country, 2018H to 2033F
Table 17: Latin America Market Value (US$ Million) Analysis, By Application, 2018H to 2033F
Table 18: Latin America Market Volume (Tonnes) Analysis, By Application, 2018H to 2033F
Table 19: Latin America Market Value (US$ Million) Analysis, by Film Type, 2018H to 2033F
Table 20: Latin America Market Volume (Tonnes) Analysis, by Film Type, 2018H to 2033F
Table 21: Latin America Market Value (US$ Million) Analysis, by End Use, 2018H to 2033F
Table 22: Latin America Market Volume (Tonnes) Analysis, by End Use, 2018H to 2033F
Table 23: Latin America Market Value (US$ Million) Analysis, by Country, 2018H to 2033F
Table 24: Latin America Market Volume (Tonnes) Analysis, by Country, 2018H to 2033F
Table 25: East Asia Market Value (US$ Million) Analysis, By Application, 2018H to 2033F
Table 26: East Asia Market Volume (Tonnes) Analysis, By Application, 2018H to 2033F
Table 27: East Asia Market Value (US$ Million) Analysis, by Film Type, 2018H to 2033F
Table 28: East Asia Market Volume (Tonnes) Analysis, by Film Type, 2018H to 2033F
Table 29: East Asia Market Value (US$ Million) Analysis, by End Use, 2018H to 2033F
Table 30: East Asia Market Volume (Tonnes) Analysis, by End Use, 2018H to 2033F
Table 31: East Asia Market Value (US$ Million) Analysis, by Country, 2018H to 2033F
Table 32: East Asia Market Volume (Tonnes) Analysis, by Country, 2018H to 2033F
Table 33: South Asia & Pacific Market Value (US$ Million) Analysis, By Application, 2018H to 2033F
Table 34: South Asia & Pacific Market Volume (Tonnes) Analysis, By Application, 2018H to 2033F
Table 35: South Asia & Pacific Market Value (US$ Million) Analysis, by Film Type, 2018H to 2033F
Table 36: South Asia & Pacific Market Volume (Tonnes) Analysis, by Film Type, 2018H to 2033F
Table 37: South Asia & Pacific Market Value (US$ Million) Analysis, by End Use, 2018H to 2033F
Table 38: South Asia & Pacific Market Volume (Tonnes) Analysis, by End Use, 2018H to 2033F
Table 39: South Asia & Pacific Market Value (US$ Million) Analysis, by Country, 2018H to 2033F
Table 40: South Asia & Pacific Market Volume (Tonnes) Analysis, by Country, 2018H to 2033F
Table 41: Western Europe Market Value (US$ Million) Analysis, By Application, 2018H to 2033F
Table 42: Western Europe Market Volume (Tonnes) Analysis, By Application, 2018H to 2033F
Table 43: Western Europe Market Value (US$ Million) Analysis, by Film Type, 2018H to 2033F
Table 44: Western Europe Market Volume (Tonnes) Analysis, by Film Type, 2018H to 2033F
Table 45: Western Europe Market Value (US$ Million) Analysis, by End Use, 2018H to 2033F
Table 46: Western Europe Market Volume (Tonnes) Analysis, by End Use, 2018H to 2033F
Table 47: Western Europe Market Value (US$ Million) Analysis, by Country, 2018H to 2033F
Table 48: Western Europe Market Volume (Tonnes) Analysis, by Country, 2018H to 2033F
Table 49: Eastern Europe Market Value (US$ Million) Analysis, By Application, 2018H to 2033F
Table 50: Eastern Europe Market Volume (Tonnes) Analysis, By Application, 2018H to 2033F
Table 51: Eastern Europe Market Value (US$ Million) Analysis, by Film Type, 2018H to 2033F
Table 52: Eastern Europe Market Volume (Tonnes) Analysis, by Film Type, 2018H to 2033F
Table 53: Eastern Europe Market Value (US$ Million) Analysis, by End Use, 2018H to 2033F
Table 54: Eastern Europe Market Volume (Tonnes) Analysis, by End Use, 2018H to 2033F
Table 55: Eastern Europe Market Value (US$ Million) Analysis, by Country, 2018H to 2033F
Table 56: Eastern Europe Market Volume (Tonnes) Analysis, by Country, 2018H to 2033F
Table 57: Central Asia Market Value (US$ Million) Analysis, By Application, 2018H to 2033F
Table 58: Central Asia Market Volume (Tonnes) Analysis, By Application, 2018H to 2033F
Table 59: Central Asia Market Value (US$ Million) Analysis, by Film Type, 2018H to 2033F
Table 60: Central Asia Market Volume (Tonnes) Analysis, by Film Type, 2018H to 2033F
Table 61: Central Asia Market Value (US$ Million) Analysis, by End Use, 2018H to 2033F
Table 62: Central Asia Market Volume (Tonnes) Analysis, by End Use, 2018H to 2033F
Table 63: Central Asia Market Value (US$ Million) Analysis, by Country, 2018H to 2033F
Table 64: Central Asia Market Volume (Tonnes) Analysis, by Country, 2018H to 2033F
Table 65: Russia & Belarus Market Value (US$ Million) Analysis, By Application, 2018H to 2033F
Table 66: Russia & Belarus Market Volume (Tonnes) Analysis, By Application, 2018H to 2033F
Table 67: Russia & Belarus Market Value (US$ Million) Analysis, by Film Type, 2018H to 2033F
Table 68: Russia & Belarus Market Volume (Tonnes) Analysis, by Film Type, 2018H to 2033F
Table 69: Russia & Belarus Market Value (US$ Million) Analysis, by End Use, 2018H to 2033F
Table 70: Russia & Belarus Market Volume (Tonnes) Analysis, by End Use, 2018H to 2033F
Table 71: Russia & Belarus Market Value (US$ Million) Analysis, by Country, 2018H to 2033F
Table 72: Russia & Belarus Market Volume (Tonnes) Analysis, by Country, 2018H to 2033F
Table 73: Balkan Countries Market Value (US$ Million) Analysis, By Application, 2018H to 2033F
Table 74: Balkan Countries Market Volume (Tonnes) Analysis, By Application, 2018H to 2033F
Table 75: Balkan Countries Market Value (US$ Million) Analysis, by Film Type, 2018H to 2033F
Table 76: Balkan Countries Market Volume (Tonnes) Analysis, by Film Type, 2018H to 2033F
Table 77: Balkan Countries Market Value (US$ Million) Analysis, by End Use, 2018H to 2033F
Table 78: Balkan Countries Market Volume (Tonnes) Analysis, by End Use, 2018H to 2033F
Table 79: Balkan Countries Market Value (US$ Million) Analysis, by Country, 2018H to 2033F
Table 80: Balkan Countries Market Volume (Tonnes) Analysis, by Country, 2018H to 2033F
Table 81: Baltic Countries Market Value (US$ Million) Analysis, By Application, 2018H to 2033F
Table 82: Baltic Countries Market Volume (Tonnes) Analysis, By Application, 2018H to 2033F
Table 83: Baltic Countries Market Value (US$ Million) Analysis, by Film Type, 2018H to 2033F
Table 84: Baltic Countries Market Volume (Tonnes) Analysis, by Film Type, 2018H to 2033F
Table 85: Baltic Countries Market Value (US$ Million) Analysis, by End Use, 2018H to 2033F
Table 86: Baltic Countries Market Volume (Tonnes) Analysis, by End Use, 2018H to 2033F
Table 87: Baltic Countries Market Value (US$ Million) Analysis, by Country, 2018H to 2033F
Table 88: Baltic Countries Market Volume (Tonnes) Analysis, by Country, 2018H to 2033F
Table 89: MEA Market Value (US$ Million) Analysis, By Application, 2018H to 2033F
Table 90: MEA Market Volume (Tonnes) Analysis, By Application, 2018H to 2033F
Table 91: MEA Market Value (US$ Million) Analysis, by Film Type, 2018H to 2033F
Table 92: MEA Market Volume (Tonnes) Analysis, by Film Type, 2018H to 2033F
Table 93: MEA Market Value (US$ Million) Analysis, by End Use, 2018H to 2033F
Table 94: MEA Market Volume (Tonnes) Analysis, by End Use, 2018H to 2033F
Table 95: MEA Market Value (US$ Million) Analysis, by Country, 2018H to 2033F
Table 96: MEA Market Volume (Tonnes) Analysis, by Country, 2018H to 2033F
Figure 01: Global Market Share Analysis By Application, 2023E & 2033F
Figure 02: Global Market Y-o-Y Analysis By Application, 2018H to 2033F
Figure 03: Global Market Attractiveness Analysis By Application, 2023E to 2033F
Figure 04: Global Market Share Analysis by Film Type, 2023E & 2033F
Figure 05: Global Market Y-o-Y Analysis by Film Type, 2018H to 2033F
Figure 06: Global Market Attractiveness Analysis by Film Type, 2023E to 2033F
Figure 07: Global Market Share Analysis by End Use, 2023E & 2033F
Figure 08: Global Market Y-o-Y Analysis by End Use, 2018H to 2033F
Figure 09: Global Market Attractiveness Analysis by End Use, 2023E to 2033F
Figure 10: Global Market Share Analysis by Region 2023E & 2033F
Figure 11: Global Market Y-o-Y Analysis by Region, 2018H to 2033F
Figure 12: Global Market Attractiveness Analysis by Region, 2023E to 2033F
Figure 13: North America Market Attractiveness Analysis by Film Type, 2023E to 2033F
Figure 14: North America Market Y-o-Y Analysis By Application, 2018H to 2033F
Figure 15: North America Market Value Share Analysis by End Use 2023(E)
Figure 16: North America Market Share Analysis by Country, 2023E & 2033F
Figure 17: Latin America Market Attractiveness Analysis by Film Type, 2023E to 2033F
Figure 18: Latin America Market Y-o-Y Analysis By Application, 2018H to 2033F
Figure 19: Latin America Market Value Share Analysis by End Use 2023(E)
Figure 20: Latin America Market Share Analysis by Country, 2023E & 2033F
Figure 21: East Asia Market Attractiveness Analysis by Film Type, 2023E to 2033F
Figure 22: East Asia Market Y-o-Y Analysis By Application, 2018H to 2033F
Figure 23: East Asia Market Value Share Analysis by End Use 2023(E)
Figure 24: East Asia Market Share Analysis by Country, 2023E & 2033F
Figure 25: South Asia & Pacific Market Attractiveness Analysis by Film Type, 2023E to 2033F
Figure 26: South Asia & Pacific Market Y-o-Y Analysis By Application, 2018H to 2033F
Figure 27: South Asia & Pacific Market Value Share Analysis by End Use 2023(E)
Figure 28: South Asia & Pacific Market Share Analysis by Country, 2023E & 2033F
Figure 29: Western Europe Market Attractiveness Analysis by Film Type, 2023E to 2033F
Figure 30: Western Europe Market Y-o-Y Analysis By Application, 2018H to 2033F
Figure 31: Western Europe Market Value Share Analysis by End Use 2023(E)
Figure 32: Western Europe Market Share Analysis by Country, 2023E & 2033F
Figure 33: Eastern Europe Market Attractiveness Analysis by Film Type, 2023E to 2033F
Figure 34: Eastern Europe Market Y-o-Y Analysis By Application, 2018H to 2033F
Figure 35: Eastern Europe Market Value Share Analysis by End Use 2023(E)
Figure 36: Eastern Europe Market Share Analysis by Country, 2023E & 2033F
Figure 37: Central Asia Market Attractiveness Analysis by Film Type, 2023E to 2033F
Figure 38: Central Asia Market Y-o-Y Analysis By Application, 2018H to 2033F
Figure 39: Central Asia Market Value Share Analysis by End Use 2023(E)
Figure 40: Central Asia Market Share Analysis by Country, 2023E & 2033F
Figure 41: Russia & Belarus Market Attractiveness Analysis by Film Type, 2023E to 2033F
Figure 42: Russia & Belarus Market Y-o-Y Analysis By Application, 2018H to 2033F
Figure 43: Russia & Belarus Market Value Share Analysis by End Use 2023(E)
Figure 44: Russia & Belarus Market Share Analysis by Country, 2023E & 2033F
Figure 45: Balkan Countries Market Attractiveness Analysis by Film Type, 2023E to 2033F
Figure 46: Balkan Countries Market Y-o-Y Analysis By Application, 2018H to 2033F
Figure 47: Balkan Countries Market Value Share Analysis by End Use 2023(E)
Figure 48: Balkan Countries Market Share Analysis by Country, 2023E & 2033F
Figure 49: Baltic Countries Market Attractiveness Analysis by Film Type, 2023E to 2033F
Figure 50: Baltic Countries Market Y-o-Y Analysis By Application, 2018H to 2033F
Figure 51: Baltic Countries Market Value Share Analysis by End Use 2023(E)
Figure 52: Baltic Countries Market Share Analysis by Country, 2023E & 2033F
Figure 53: MEA Market Attractiveness Analysis by Film Type, 2023E to 2033F
Figure 54: MEA Market Y-o-Y Analysis By Application, 2018H to 2033F
Figure 55: MEA Market Value Share Analysis by End Use 2023(E)
Figure 56: MEA Market Share Analysis by Country, 2023E & 2033F
Figure 57: USA Market Value Share Analysis, by Film Type, 2023E & 2033F
Figure 58: USA Market Value Share Analysis, By Application, 2023E & 2033F
Figure 59: USA Market Value Share Analysis, by End Use, 2023E & 2033F
Figure 60: Canada Market Value Share Analysis, by Film Type, 2023E & 2033F
Figure 61: Canada Market Value Share Analysis, By Application, 2023E & 2033F
Figure 62: Canada Market Value Share Analysis, by End Use, 2023E & 2033F
Figure 63: Brazil Market Value Share Analysis, by Film Type, 2023E & 2033F
Figure 64: Brazil Market Value Share Analysis, By Application, 2023E & 2033F
Figure 65: Brazil Market Value Share Analysis, by End Use, 2023E & 2033F
Figure 66: Mexico Market Value Share Analysis, by Film Type, 2023E & 2033F
Figure 67: Mexico Market Value Share Analysis, By Application, 2023E & 2033F
Figure 68: Mexico Market Value Share Analysis, by End Use, 2023E & 2033F
Figure 69: Germany Market Value Share Analysis, by Film Type, 2023E & 2033F
Figure 70: Germany Market Value Share Analysis, By Application, 2023E & 2033F
Figure 71: Germany Market Value Share Analysis, by End Use, 2023E & 2033F
Figure 72: Italy Market Value Share Analysis, by Film Type, 2023E & 2033F
Figure 73: Italy Market Value Share Analysis, By Application, 2023E & 2033F
Figure 74: Italy Market Value Share Analysis, by End Use, 2023E & 2033F
Figure 75: France Market Value Share Analysis, by Film Type, 2023E & 2033F
Figure 76: France Market Value Share Analysis, By Application, 2023E & 2033F
Figure 77: France Market Value Share Analysis, by End Use, 2023E & 2033F
Figure 78: United Kingdom Market Value Share Analysis, by Film Type, 2023E & 2033F
Figure 79: United Kingdom Market Value Share Analysis, By Application, 2023E & 2033F
Figure 80: United Kingdom Market Value Share Analysis, by End Use, 2023E & 2033F
Figure 81: Spain Market Value Share Analysis, by Film Type, 2023E & 2033F
Figure 82: Spain Market Value Share Analysis, By Application, 2023E & 2033F
Figure 83: Spain Market Value Share Analysis, by End Use, 2023E & 2033F
Figure 84: Russia Market Value Share Analysis, by Film Type, 2023E & 2033F
Figure 85: Russia Market Value Share Analysis, By Application, 2023E & 2033F
Figure 86: Russia Market Value Share Analysis, by End Use, 2023E & 2033F
Figure 87: GCC Market Value Share Analysis, by Film Type, 2023E & 2033F
Figure 88: GCC Market Value Share Analysis, By Application, 2023E & 2033F
Figure 89: GCC Market Value Share Analysis, by End Use, 2023E & 2033F
Figure 90: South Africa Market Value Share Analysis, by Film Type, 2023E & 2033F
Figure 91: South Africa Market Value Share Analysis, By Application, 2023E & 2033F
Figure 92: South Africa Market Value Share Analysis, by End Use, 2023E & 2033F
Figure 93: Japan Market Value Share Analysis, by Film Type, 2023E & 2033F
Figure 94: Japan Market Value Share Analysis, By Application, 2023E & 2033F
Figure 95: Japan Market Value Share Analysis, by End Use, 2023E & 2033F
Figure 96: India Market Value Share Analysis, by Film Type, 2023E & 2033F
Figure 97: India Market Value Share Analysis, By Application, 2023E & 2033F
Figure 98: India Market Value Share Analysis, by End Use, 2023E & 2033F
Figure 98: China Market Value Share Analysis, by Film Type, 2023E & 2033F
Figure 99: China Market Value Share Analysis, By Application, 2023E & 2033F
Figure 100: China Market Value Share Analysis, by End Use, 2023E & 2033F
Figure 101: Australia Market Value Share Analysis, by Film Type, 2023E & 2033F
Figure 102: Australia Market Value Share Analysis, By Application, 2023E & 2033F
Figure 103: Australia Market Value Share Analysis, by End Use, 2023E & 2033F
The low emissivity film market CAGR for 2033 is 4.8%.
The market is estimated to reach USD 536.6 million by 2033.
Saint-Gobain, 3M, and Nitto Denko are key market players.
The market is estimated to secure a valuation of USD 335.8 million in 2023.
Asia Pacific holds a significant share of the market.
Explore Plastic Packaging Insights
Thank you!
You will receive an email from our Business Development Manager. Please be sure to check your SPAM/JUNK folder too.