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Solar Control Glass Market Trends, Top Companies, Share, Growth And Forecast 2033
Solar Control Glass Market
Solar Control Glass Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $7.72 billion In 2028 At A CAGR Of 6.9% :
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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Solar Control Glass Market Major Segments
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
Key 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.
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Prominent 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.
Solar Control Glass 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.
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Largest And Fastest Growing Region In The Market
Europe was the largest region in the solar control glass market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the solar control glass market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Solar Control Glass Market Report Structure
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 leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide
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