Solar Control Glass Market Share To Grow At A CAGR Of 9.10% During The Forecast Period Of 2023-2028 – MindofAll

Solar Control Glass Market Share To Grow At A CAGR Of 9.10% During The Forecast Period Of 2023-2028

The ‘Solar Control Glass Global Market Price, Size, Share, Trends, Growth, Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the global solar control glass market, assessing the market on the basis of its segments like applications and major regions.

The report studies the latest updates in the market, along with their impact across the market. It also analyses the market demand, together with its price and demand indicators. The report also tracks the market on the basis of SWOT and Porter’s Five Forces Models.

Solar Control Glass Market Size, Share, Trends, Industry Report, Key Player, Major Segments, and Forecast

The key highlights of the report include:

Market Overview (2018-2028)

• Historical Market Size (2022): More than USD 6.01 Billion
• Forecast CAGR (2023-2028): 9.10%
• Forecast Market Size (2028): Around USD 10.13 Billion

The rising emphasis on reducing energy consumption is one of the major growth factors for the solar control glass market. As solar control glass can reduce the heat passing through the glass, consequently keeping the interior of a building or car at a pleasant temperature level, its utilisation to lower the consumption of electricity is expected to increase in the forecast period.

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Solar control glasses are experiencing high demand from commercial and residential spaces due to their cost-effectiveness. Such glasses can control the heat and allow light during the daytime, due to which they are used to reduce the utilisation of artificial lighting and air conditioners. Other benefits associated with the glasses, such as ease of cleaning and enhanced durability, are likely to favour the solar control glass market.

One of the main factors influencing the market growth is the rising demand for cars with lower carbon emissions. Hence, the utilisation of solar control glasses to provide the benefits of delivering cooling effects without requiring an air conditioner is likely to favour the market.

Solar Control Glass Market Definition and Major Segments

Solar control glass refers to glass with a special coating that allows sunlight and a limited amount of heat to enter through the glass while reflecting radiation from the sun. These control glasses are coated with metal oxide on the internal face of the external pane. They are one of the best solutions for heat-related issues in cars and buildings.

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The market segments, based on application, include:

• Residential Buildings
• Commercial Buildings
• Automotive
• Others

The major regional markets for solar control glass include:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Solar Control Glass Market Trends

The introduction of stringent government regulations aimed at controlling carbon emission is promoting the applications of solar control glass. Besides, the construction and automotive sectors are increasingly utilising new technologies to control emissions from various sources, which is likely to aid the solar control glass market development.

The increasing green construction activities owing to the surging eco-consciousness and the growing trend of sustainability are driving the demand for solar control glasses as they reduce energy consumption and carbon emissions in buildings.

There is a growing awareness regarding the impact of internal building environments on the productivity and mood of occupants, especially in commercial settings like schools and buildings. Thus, the installations of solar control glass to maximise natural light while enhancing the thermal comfort of interior spaces are likely to increase in the forecast period.

Key Market Players

The major players in the global solar control glass market report include

• Saint-Gobain Group
• Vitro, S.A.B. de C.V.
• Guardian Industries Holdings, LLC
• Euroglas GmbH
• Asahi India Glass Limited
• Others

The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

About Us:

Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.

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