About Low Iron Glass
Low-iron glass is a high-clarity glass which is virtually colorless float glass developed for the numerous high-end applications. It is made of silica with a very low degree of iron, this low amount of iron removes the greenish-blue tint which is widely seen in the larger or thicker sized glass. Modifying the iron in the molten glass formula can increase the light transparency by 5 to 6 percent. The low iron glass is used in architecture, furniture, display cases and various other applications where the maximum quality of clarity required.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Competition among existing players is due to the Low Iron Glass market share occupied by leading players. The industry leader is engaged in offering innovative and superior quality products to cater to the ever-growing demand for Low Iron Glass Market. The companies are implementing strategic activities such as acquisitions and mergers along with collaboration with companies in other industries to aid them in improving sustenance and maintaining their competitive advantage. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Vitro Architectural Glass (Mexico), Guardian Industries (United States), Saint-Gobain S.A (France), Pilkington (United Kingdom), Euroglas GmbH (Germany), AGC Glass Company (Japan), Jinjing (Group) Co., Ltd. (China), CSG Holding Co., Ltd. (China) and Taiwan Glass (China) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Asahi Glass (India) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Low Iron Glass market by Type (Float Glass and Rolled Glass), Application (Photovoltaic, Architecture, Furniture and Others) and Region.
On the basis of geography, the market of Low Iron Glass has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Offline will boost the Low Iron Glass market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Use of Low Iron Glass in Photovoltaic and Emerging Trend of Using Low Iron Glass for Advanced Interiors
Market Growth Drivers:
The Demand for the Building Products and Architectural Designs Around the World and Need for Light and Clear with Very Low Coloration Glass Products
Challenges:
Risk of Safety Associated wit Handling and Maintaining Low Iron Glass
Restraints:
High Cost of Production Associated with Low Iron Glass
Opportunities:
Technological Advancement in Low Iron Glass and Rising Demand for Low Iron Glass from Developing Countries
Market Leaders and their expansionary development strategies
In Janurary 2021, Abrisa Technologies announced that HEF Group based in France, a global leader in metallurgical surface treatments, coatings and PVD vacuum deposition technology for wear, friction, and corrosion reduction of industrial and other mechanical components that effective December 23, 2020, it had acquired 100% of the stock of California-based ABRISA TECHNOLOGIES, a specialist in optical thin film coatings and fabricated technical glass solutions for photonics and more.
In September 2018, Vitro Architectural Glass launched Acuity low-iron glass, a competitively priced upgrade to conventional clear glass that offers superior clarity for vision glass applications and truer rendition of colored spandrel glass panels.
"The standards and regulations governing the use of glass in buildings are numerous and often complicated. Most of the standards have now been standardized with European Norms and reference is given to these as appropriate. Low-iron glass: replacing the outer pane with SGG DIAMANT can improve the energy index for a given window by about 6 kWh/m2/year.* Increasing the sighted glass area by changing the frame design to reduce the frame factor* for a typical PVCu frame with a U-value of 1.8 W/m2K and a frame factor of 30%."
Key Target Audience
Low Iron Glass Manufacturers, Low Iron Glass International Traders, Low Iron Glass Distributors and Suppliers, Research and Development Institutes, Potential Investors, Regulatory Bodies, Upstream and Downstream Buyers and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.