The Solar Control Glass Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Solar Control Glass Global Market Report 2024, The solar control glass market size has grown strongly in recent years. It will grow from $5.54 billion in 2023 to $5.92 billion in 2024 at a compound annual growth rate (CAGR) of 6.8%. The growth in the historic period can be attributed to cost reduction initiatives, energy efficiency concerns, urbanization and construction boom, focus on green buildings, automotive industry demand.
The solar control glass market size is expected to see strong growth in the next few years. It will grow to $7.72 billion in 2028 at a compound annual growth rate (CAGR) of 6.9%. The growth in the forecast period can be attributed to consumer demand for comfort, research and development, uv protection needs, shift to energy conservation, architectural preferences. Major trends in the forecast period include smart glass innovations, dynamic architectural designs, smart cities initiatives, urban heat island effect: smart automotive solutions, health and uv protection.
The rising green building practices globally are key factors driving the solar control glass market growth. Green buildings are environmentally sustainable and produce low carbon emissions. Solar control glass functions as green glass; therefore, it can be utilized to build sustainable structures to improve sustainability. According to the 2021 World Green Building Trends report, green building activity is expected to rise over the next three years. 28% of survey respondents stated that they were implementing green building strategies in more than 60% of their projects and by 2024, 42% of respondents plan to build more than 60% of their projects using green practices. Thus, rising green building practices will increase the demand for solar control glass.
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The solar control glass market covered in this report is segmented –
1) By Glass Type: Float Glass, Heat Strengthened Glass, Laminated Glass, Tempered Glass, Other Glasses
2) By Coating Method: Hard Coated, Soft Coated
3) By Nature: Electrochromic, Photochromic, Gasochromic, Other Nature
4) By Application: Residential, Commercial, Automotive, Other Applications
Top Major Players:
Asahi Glass Company Limited
Arcon Flach- und Sicherheitsglas GmbH & Co.KG
Cardinal Glass Industries Inc.
PPG Industries Inc.
Schott AG, Saint-Gobain S.A.
Europe was the largest region in the solar control glass market in 2023.
Product innovation is a key trend gaining popularity in the solar control glass market. Major market players are developing advanced technologies, such as energy-saving technologies to sustain their position. Energy savings refers to the amount of energy saved that is calculated by comparing the quantity consumed before and after a change in energy efficiency. For instance, AGC Obeikan, a United Arab Emirates-based company introduced a new solar control-coated glass – Stopray Ace-30T for the MENA (countries situated in and around the Middle East and North Africa) market. Stopray family products are especially well suited for hot climate countries because they provide optimal solar control. Stopray Ace-30T double silver coatings are intended to improve comfort and energy efficiency. This soft coating’s minimal internal light reflection ensures a clear view of the outside world while generating a cozy sunshine ambiance interior.
The solar control glass market report table of contents includes:
1. Executive Summary
2. Solar Control Glass Market Characteristics
3. Solar Control Glass Market Trends And Strategies
4. Solar Control Glass Market – Macro Economic Scenario
5. Global Solar Control Glass Market Size and Growth
….
26. Global Solar Control Glass Market Competitive Benchmarking
27. Global Solar Control Glass Market Competitive Dashboard
28. Key Mergers And Acquisitions In The Solar Control Glass Market
29. Solar Control Glass Market Future Outlook and Potential Analysis
30. Appendix
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