Press release
Coated Glass Market Trends, Growth Insight, Forecast to 2025 | Top Key Players - Guardian Industries, PPG Industries, Inc., Cardinal Glass Industries, Inc
It is estimated that global coated glass market size will exceed a valuation of US$24.5 billion by 2024, with growing installation of solar control and anti-reflective glass in modern infrastructure. However, the shortage in supply of raw materials amid the COVID-19 crisis and high manufacturing costs may limit the adoption of coated glass products up to some extent.Glass coating technologies have experienced a revolution in terms of design, functionality, and performance to meet the need for modern infrastructure with better aesthetics. Coated glass market offers an unparalleled balance between the functional needs and aesthetics of modern architecture. Different types of coatings add functions such as solar control and improved insulation in addition to anti-reflection, hydrophobic, and self-cleaning properties to glass. Coated glass products offer significant advantages in terms of energy-efficiency and comfort.
The glass is generally coated with numerous metallic compounds that only allow specific amount of solar radiation to enter the building. This helps significantly with air conditioning and heating, keeps the furniture and carpets from fading, and adds to the overall beauty of the building. Solar control glass and low emissivity (Low-E) glass are quite critical to the overall performance of a building, especially in regions with high temperatures.
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Solar control glass to witness notable adoption
Solar control glass market, which is otherwise called sun protective glass, is a highly-advanced specialty glass that allows limited amount of sunlight to pass while reflecting away a large proportion of the heat. This allows indoor spaces to stay brighter and much cooler.
Excessive amount of heat and glare can cause serious discomfort in certain indoor environments, such as those with glass roofs. A wide range of solar control glass products are available in the market, depending upon the level of solar control needed.
Solar control glass manufacturers are adopting numerous growth strategies, including strategic collaborations, to expand their products portfolio.
For instance, in June 2020, Guardian Glass and Merck announced a strategic partnership to expand Guardian’s range of architectural solutions. The partnership will help Guardian broaden its portfolio of high-performance coated glass products with innovative features such as dynamic solar control.
Key Point of TOC:
Chapter 6. Company Profiles
6.1. Saint-Gobain S.A.
6.1.1. Business Overview
6.1.2. Financial Data
6.1.3. Product Landscape
6.1.4. SWOT Analysis
6.1.5. Strategic Outlook
6.2. Asahi Glass Co., Ltd.
6.2.1. Business Overview
6.2.2. Financial Data
6.2.3. Product Landscape
6.2.4. SWOT Analysis
6.2.5. Strategic Outlook
6.3. Guardian Industries
6.3.1. Business Overview
6.3.2. Financial Data
6.3.3. Product Landscape
6.3.4. SWOT Analysis
6.3.5. Strategic Outlook
6.4. PPG Industries, Inc.
6.4.1. Business Overview
6.4.2. Financial Data
6.4.3. Product Landscape
6.4.4. SWOT Analysis
Continue…
Solar control glass technologies are increasingly gaining traction in homes, offices, as well as other commercial buildings. It allows for extensive utilization of glass in building design and construction while considerably reducing the need for air-conditioning systems or obtrusive window blinds. Strict energy-efficiency standards for building and construction will undeniably lead to wider adoption of solar control and other coated glass products.
Strong potential in advanced applications post COVID-19
Coated glass market plays a crucial role in numerous different industries. It has yet again demonstrated its flexibility and multifunctionality during the ongoing COVID-19 pandemic. Notable coated glass manufacturer Pilkington, a subsidiary of the NSG Group, announced a new antiviral glass development project in June 2020, which has received funding from Innovate UK.
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The project, which is already at an advanced stage, assesses the antiviral functionality of coated glass in minimizing viral loads, specifically the SARS-CoV-2 virus, on glass surfaces. The antiviral glass technology has positive application potential in the future including hospitals, schools, offices, and public structures.
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