China Low-E Glass Market Report, 2007-2008

Mon Apr 14, 2008 9:00pm EDT
 
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DUBLIN, Ireland--(Business Wire)--
Research and Markets
(http://www.researchandmarkets.com/reports/c88669) has announced the
addition of "China Low-E Glass Market Report, 2007-2008" to their
offering.

   China is a big consumer of energy. Its building energy consumption
reaches 500 million tons of standard coal annually, accounting for 27%
of the total. In China, one ton of standard coal is equal to 0.77 ton
of crude oil and 752 cubic meters of natural gas. At present, China
has an average annual growth rate of more than 5.84% in building
energy consumption, of which around half is consumed by building doors
and windows. Since China has not paid much attention to energy
conservation of doors and windows for a long time, over 93% of
existing 44 billion square meters of construction are not installed by
energy-saving window frames and glass. And the majority of around two
billion square meters of the newly added construction each year are
not energy-saving buildings. Furthermore, several billion square
meters of public construction and tens of millions of square meters of
glass curtain walls mostly use non-energy-saving monolithic glass or
common hollow glass. Starting from April 1st 2008, China's newly
amended Energy Saving Law will be fully implemented, which has made
the conservation of resources as the basic national policy, indicating
that China's energy-efficient glass market will have a broad space for
the development.

   Low-E glass, as the best energy-saving glass, has extremely good
energy-saving effects, good optical performance and environmental
characteristics in comparison with common glass and conventional
coated glass used in construction. Whereas, China's output of Low-E
glass only hit 5.9 million square meters in 2005, the figure rose to
9.2 million square meters in 2006, which was less than one sixth of
the U.S. output in 2004. In this sense, China lags far behind the
developed countries in the promotion and the application of
energy-saving glass.

   China's annual output of Low-E glass has increased gradually in
recent years. China's Low-E glass production lines are mainly
concentrated in such manufacturers as CSG Holding Co., Ltd., China
Yaohua Glass Group Corporation, Shanghai Yaohua Pilkington Glass Co.,
Ltd., Weihai Blue Star Glass Holding Co., Ltd., and Fuyao Group Glass
Industries Co., Ltd. During the period of 2007 to 2008, more and more
glass producers have introduced and will introduce Low-E glass
production lines. It is expected that China's demand for Low-E glass
by 2010 will amount to 97 million square meters, and meanwhile,
China's output of Low-E glass will reach 50 million square meters at
the end of 2010 based on the current growth rate of capacity
expansion. In contrast to the huge domestic demand, there is a huge
gap in the production capacity of Low-E glass in China.

   The data in the report is sourced from the National Bureau of
Statistics of China, the Ministry of Housing and Urban-Rural
Construction of the People's Republic of China and the China
Architectural and Industrial Glass Association, and the data of some
key enterprises are from their financial statements.

   Companies Mentioned:

   -China Yaohua Glass Group Corporation

   -Shanghai Yaohua Pilkington Glass Co., Ltd.

   -CSG Holding Co., Ltd.

   -Sanxin Glass Technology Co., Ltd.

   -Weihai Blue Star Glass Holding Co., Ltd.

   -Anyuan Industrial Co., Ltd

   -Saint Gobain China Investment Co., Ltd.

   -Hebei Yingxin Glass Group Co., Ltd.

   -FuYao Group Glass Industries Co., Ltd.

   For more information, visit
here

Research and Markets
Laura Wood
Senior Manager
press@researchandmarkets.com
Fax: +353 1 4100 980

Copyright Business Wire 2008

 

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