Press release
Solar Control Glass Market Outlook 2024: Exclusive Report By The Business Research Company | Asahi Glass Company Limited, Arcon Flach- und Sicherheitsglas GmbH & Co. KG, Cardinal Glass Industries Inc
Solar Control Glass Market Trends
The Business Research Company offers in-depth market insights through Solar Control Glass Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
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..
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Market Segmentation:
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
Major Driver - Solar Control Glass Market Surges Amid Global Rise In Green Building Practices
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.
Competitive Landscape:
Major companies operating in the solar control glass market report are Asahi Glass Company Limited, Arcon Flach- und Sicherheitsglas GmbH & Co. KG, Cardinal Glass Industries Inc., PPG Industries Inc., Euroglas GmbH, Guardian Industries LLC (Koch Industries Inc.), Schott AG, Saint-Gobain S.A., Sisecam (Türkiye Is Bankasi A.S.), CSG Holding Limited, Shanghai Yaohua Pilkington Glass Group Company Limited, Taiwan Glass Group, Trakya Cam Sanayii A.S., Central Glass Company Limited, Nippon Sheet Glass Company Limited, Vitro Architectural Glass, Fuyao Glass Industry Group Company Limited, Xinyi Glass Holdings Limited, China Glass Holdings Limited, Guangdong Golden Glass Technologies Limited, Pilkington Group Limited, Qingdao Kangdeli Industrial & Trading Company Limited, Yaohua Glass Company Limited, Luoyang Glass Company Limited, Jinjing Group Company Limited, Hebei Yingxin Glass Group Company Limited, Shandong Jinjing Science and Technology Stock Company Limited, Suzhou Huadong Coating Glass Company Limited, Viracon Inc., Kawneer Company Inc.
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Top Trend - Innovative Solutions Drive Solar Control Glass Marketfocus On Energy Efficiency
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 Table Of Content For The Market Report Include:
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. Solar Control Glass Market Size And Growth
…..
27. Solar Control Glass Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialize in various industries including manufacturing, healthcare, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.
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