The latest research study “Solar Control Glass Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that the global solar control glass market size reached a value of US$ 5.46 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 9.38 Billion by 2027, exhibiting a CAGR of 9.20% during 2022-2027.
Solar control glass is a high-performance, specially treated triple-glazed unit glass designed to reduce the amount of heat and light transference in an indoor environment. It is manufactured by covering glass with molten layers of metal oxide or solar control coating, which helps reflect and filter natural and artificial light. It is commercially available in reflective, neutral, and tinted variants. Solar control glass prevents heat from entering the space, reduces uncomfortable glare, and allows the optimum amount of natural light to enter the room. Since it lowers the requirement for air-conditioning and maintains optimal temperatures, solar control glass finds extensive applications in residential or commercial complexes and automobiles across the globe.
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Solar Control Glass Market Trends and Drivers:
The global solar control glass market is primarily driven by the rising infrastructural development due to rapid urbanization. Moreover, the development of aesthetically appealing commercial buildings with glass facades and walls, such as luxury complexes, shopping centers, and sports stadiums, is positively influencing the market growth.
Additionally, the shifting consumer preferences toward eco-friendly alternatives, including solar control glass, due to the rising awareness regarding the detrimental impact of HVAC systems on the environment and high carbon emissions, has augmented product demand. Besides this, the implementation of supportive government policies to encourage the construction of green buildings to reduce energy consumption has catalyzed market growth.
Furthermore, the increasing use of solar control glass in automobiles to enhance comfort and fuel efficiency, coupled with the rapid expansion of the automotive industry, is another major growth-inducing factor. Other factors, including ongoing research and development (R&D) activities, rising consumer living standards, and significant growth in the real estate sector, are also anticipated to create a favorable market outlook.
Global Solar Control Glass Market 2022-2027 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Solar Control Glass Companies:
AGC Inc., arcon Flach- und Sicherheitsglas GmbH & Co. KG, Cardinal Glass Industries Inc., Central Glass Ltd., Compagnie de Saint-Gobain S.A., Euroglas GmbH, Guardian Industries LLC (Koch Industries Inc.), Nippon Sheet Glass Co. Ltd., PPG Industries Inc., Schott AG, Shanghai Yaohua Pilkington Glass Group Co. Ltd. and Sisecam (Türkiye Is Bankasi A.S.).
The report has segmented the market on the basis of region, glass type, coating method, nature and application.
Breakup by Glass Type:
- Float Glass
- Heat Strengthened Glass
- Laminated Glass
- Tempered Glass
- Others
Breakup by Coating Method:
- Hard Coated
- Soft Coated
Breakup by Nature:
- Electrochromic
- Photochromic
- Gasochromic
- Others
Breakup by Application:
- Residential
- Commercial
- Automotive
- Others
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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