Submitted by: Submitted by vasu123
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Words: 1702
Pages: 7
Category: Business and Industry
Date Submitted: 02/08/2016 09:23 PM
Low Iron Glass Market Size, Share, Global Trends, Company Profiles,
Demand, Insights, Analysis, Research, Report, Opportunities, Segmentation
and Forecast to 2015 - 2021
Low iron glass is widely used in solar industry. Glass vendors are emerging as innovative and
experienced partners for solar plant operators. Furthermore, float glass plants are mostly
designed for PV glass for solar panels and thin films. The overall low iron glass market is
expected to grow at compound rates owing to support CSP module, manufacturing processes and
for CSP low iron glass. Cost of electricity from CSP plants will decrease from $.15-0.24/kWH to
$.03 over the forecast period.
CSP for low iron glass signifies 3% of the total glass production as CSP has notably stirred to
early adopter stage from trial stage. In 2014, the estimated revenue low iron glass CSP collected
was $510 million and it is further projected to cross over $4 billion by 2021. By 2021, the market
is likely to grow at 15% of the total iron glass production.
Rapid adoption of Concentrating Solar Power (CSP) to generate electricity is the major reason
driving the low iron glass market. Architectural and low iron glass decorative markets are poised
to attain considerable growth based on probability of decreasing prices of low iron gas owing to
economies of scale over the forecast period.
View More Details of “Low Iron Glass Industry" @
http://www.radiantinsights.com/research/low-iron-glass-market-shares-strategies-andforecasts-worldwide-2015-to-2021
Rise in CSP sector is strong as CSP has huge ability to reduce the cost of electricity products.
Also, Rapid growth in the market will make compound annual growth rates futile. The market
becomes feasible as soon as the new market has 100 paying reference accounts. CSP market is
expected to augment till 2015 as the solar systems has reached the market variation point.
The material which is majorly used in low iron glass market is silica. After production of the
plant is...