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.
Browse Full Research Report With TOC On “Low Iron Glass Market Shares, Strategies, and Forecasts, Worldwide, 2015 to 2021” at:
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.
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