Global solar control glass market is expected to reach USD 10.22 Billion by 2026, at a CAGR of 9.61% from 2019 to 2026. Rising green building practices globally, swelling demand from developing economies due to increasing disposable income, increasing use of photovoltaics glass in commercial and residential buildings, and growing demand from automotive industry are the major trends for the demand of the market.
Market Overview:
Solar control glass are hi-tech glasses that can reflect large amount of sun’s radial heat pass through a window and reflect away several amount of sun’s heat. This further helps in keeping the indoors cooler as compared to normal float type. According to European Automobile Association, the use of solar control glass in automobiles has various benefits such as it helps to reduce heat load on the vehicle that eventually reduces the need of air conditioner in the automotive, and this results in getting high mileage and less fuel consumption. Furthermore, the growing construction projects globally has increased the demand for solar control glasses.
Report Description:
- The base year for the study has been considered 2018, historic year 2016 and 2017, the forecast period considered is from 2019 to 2026. The global solar control glass market is analysed on the basis of Value (USD Billion) and Volume (Mn Square Meters) {Consumption, Import, Export Production, and Capacity}
- The study delivers a comprehensive analysis of global solar control glass market by type, coating method, nature, application, and regions.
- The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
- Porter’s Five Forces model is used in order to recognize the competitive scenario in the global solar control glass market. This report incorporates the industry analysis which is focused on providing an extensive view of the solar control glass market.
- The study also includes attractiveness analysis of type, coating method, nature, application, and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
- The report provides company profile of the key players operating in the solar control glass market and a comparative analysis based on their business overviews, product offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
- The market estimates have been evaluated by considering the effect of different political, economic, social, technological and legal factors which are based on our extensive secondary research, primary research, and in-house databases.
Global Solar Control Glass Market Key Findings:
All the segments have been analysed on global, regional and country basis. The study includes the analysis of more than 30 countries for each segment.
Segmentation Analysis:
The solar control glass market is segmented on the basis of type, coating method, nature, and application.
- Type segment covers tempered glass, laminated glass, float glass, heat strengthened glass, and others. The tempered glass segment dominated the market with the market size of USD 1.27 Billion in 2018 due to its high strength and ease of clean-up.
- Coating method segment is divided into hard coated and soft coated. The hard coated segment holds the highest market share of 51.49% in 2018 owing to its high temperature bearability and the property of being tempered after the coating application.
- Nature segment is categorized into electrochromic, photochromic, gasochromic, and others. The photochromic segment is anticipated to grow with the highest CAGR 10.18% during the forecast period owing to its capability to convert light into electricity and increasing use in commercial building applications.
- Application segment includes commercial building, residential building, automotive, and others. The commercial building segment is expected to hold the largest market share of 39.25% during the forecast period. This is attributable to rising number of commercial buildings and increasing concerns about high air conditioning costs.
Regional Segmentation Analysis:
The market is analysed on the basis of five regions namely North America, Europe, Asia Pacific, South America, and Middle East and Africa. Europe region held the largest market share of approximately 38.71% in 2018 where as the North America region held the second dominant position in the global solar control glass market
- Increasing adoption of solar control glass, growing use of solar control glasses in commercial and residential buildings, and stringent regulations towards fighting climatic changes are the factors that led to the regional growth of Europe in the global solar control glass market.
- North America region is growing at a prompt growth rate due to the increasing adoption of glass in automotive and construction industry and increasing demand for commercial buildings.
Global Solar Control Glass Market Competitive Analysis:
Key players in the solar control glass market are PPG Industries Inc., Guardian Glass, Asahi India, CSG Architectural Glass, Arcon Flachglass Veredlung Gmbh Co. & KG, Sisecam Flat Glass, Cardinal Glass, Euroglas GmbH, AGC Glass Europe, Nippon Sheet Glass, Guardian Glass, Saint Gobain, Cardinal Glass Industries, and others. The Nippon Sheet Glass, Saint Gobain, AGC Glass Europe, Guardian Glass, PPG Industries Inc., and Asahi India are the top leading players of the market.
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This study forecasts revenue and volume growth at global, regional, and country levels from 2016 to 2026. Fior Markets has segmented the global solar control glass market on the basis of below mentioned segments:
Global Solar Control Glass Market, By Type:
- Tempered Glass
- Laminated Glass
- Float Glass
- Heat Strengthened Glass
- Others
Global Solar Control Glass Market, By Coating Method:
Global Solar Control Glass Market, By Nature:
- Electrochromic
- Photochromic
- Gasochromic
- Others
Global Solar Control Glass Market, By Application:
- Commercial Building
- Residential Building
- Automotive
- Others
Global Solar Control Glass Market, By Regions:
- Germany
- France
- U.K.
- Italy
- Spain
