Press release
Solar Control Glass Market 2024 - Surfacing Emerging Trends, Assessing Growth Potential, Conducting Revenue Analysis, and Providing Business Outlook till 2033
The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033The Business Research Company presents an extensive market research report on the Solar Control Glass Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
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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Key Market Players:
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.
Market Drivers:
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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https://www.thebusinessresearchcompany.com/report/solar-control-glass-global-market-report
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
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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