Global Solar Control Glass Research Report: By Type (Float Glass, Heat Strengthened Glass, Laminated Glass, Tempered Glass), By Coating Method (Hard Coated, Soft Coated), By Application (Residential Buildings, Commercial Buildings, Automotive), and Region (North America, Europe, Asia-Pacific, Latin America, Middle-East and Africa) Global Industry Analysis, Size, Share, Growth, Trends, Regional Analysis, Competitor Analysis and Forecast 2023-2031.
Global solar control glass is predicted to reach approximately USD 15.3 billion by 2031, at a CAGR of 8.57% from 2023 to 2031. The global solar control glass market refers to the type of glass that has a specific coating that reduces the amount of heat that enters a structure. It both reflects and absorbs heat while also filtering light to lessen glare. Using solar control glass might help you save money on air conditioning and blinds. Solar control glass has numerous applications in the construction business. Solar glass can be utilized in a variety of construction applications, including the roof, windows, skylights, and facades. The market is driven by the increasing demand for photovoltaic glass in residential and commercial buildings.
Global solar control glass report scope and segmentation
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Report Attribute |
Details |
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Estimated Market Value (2022) |
USD 6.8 billion |
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Projected Market Value (2031) |
USD 15.3 billion |
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Base Year |
2022 |
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Forecast Years |
2023 – 2031 |
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Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Based on By Type, By Coating method, By Application & By Region. |
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Segments Covered |
By Type, By Coating Method, By Application & By Region. |
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Forecast Units |
Value (USD Billion or Million), and Volume (Units) |
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Quantitative Units |
Revenue in USD million/billion and CAGR from 2023 to 2031. |
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Regions Covered |
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. |
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Countries Covered |
U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others. |
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Report Coverage |
Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis. |
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Delivery Format |
Delivered as an attached PDF and Excel through email, according to the purchase option. |
Global solar control glass dynamics
The market dynamics of solar control glass are influenced by several factors. The increasing demand for photovoltaic glass in residential and commercial buildings and the government initiatives for energy efficient structures drive market growth. However, raw material price volatility and availability act as restraints. Opportunities arise from the increasing demand from automotive industry. The nature of competition is highly intense, with various companies striving to gain a competitive edge through innovation and customer-centric offerings. As the market evolves and consumer demand continues to rise, the dynamics of the solar control glass market are expected to remain dynamic and highly competitive.
Global solar control glass drivers
The increasing demand for photovoltaic glass in residential and commercial buildings is one of the major factor driving the growth of the global solar control glass market. Photovoltaic glasses are used to generate electricity for their homes and buildings, to reduce the energy cost and the carbon footprint. The photovoltaic glass can be installed on rooftops, windows and skylights. Photovoltaic glasses require very low maintenance making it a cost-effective choice for both residential and commercial purposes. It is also highly durable and can withstand a variety of weather conditions. Thus, with the increasing demand for photovoltaic glass in residential and commercial buildings it is expected to grow the global solar control glass market during the forecast period.
The government initiative for energy efficient structure is one of the major drivers in the global solar control glass market. Government have adopted building codes that require new buildings to be energy efficient with minimum energy performance standards for insulation, windows and other building components. Governments are also providing financial incentives such as tax breaks, rebates and low-interest loans. As the government promotes the use of solar control glass for energy efficiency and sustainability the demand for global solar control glass market is expected to grow during the forecast period.
Restraints
The raw material price volatility and availability is one of the major restraints in the global solar control glass market. Float glass and coating materials are used in the production of solar control glass. The prices of these raw materials can fluctuate significantly due to supply and demand difference, change in transportation and energy costs. Additionally, the availability of raw materials is a major concern due to disruptions in the supply chain. Thus, the raw material price volatility and availability acts as a major restraint in the global solar control glass market during the forecast period.
Opportunities
The increasing demand from the automotive industry is a major opportunity in the global solar control glass market. Solar control glass are used in windshields, side windows and sunroofs to reduce the amount of heat and glare that enters the vehicle interior to improve the visibility and comfort of the passengers. As the demand from the automotive industry increases it creates an immense opportunity for the global solar control glass market during the forecast period.
Segment Overview
By type
The market for solar control glass is segmented based on type into four categories: Float glass, heat strengthened glass, laminated glass and tempered glass. Tempered glass is dominating the market segment due to its durability and strength. Tempered glass is a kind of safety glass created by heating and cooling float glass. This technique strengthens the glass and makes it more resistant to shattering. Tempered glass can be covered with a number of compounds to provide solar control. The most often used type of sun control glass is float glass. It is created by floating molten glass over molten tin. Float glass is normally clear, but it can be coated with a range of compounds, including as metals and metal oxides, to provide solar control. Heat-strengthened glass is a type of safety glass created by rapidly heating and cooling annealed glass. This procedure forms a compressive layer on the glass's surface, making it stronger and more resistant to shattering. Laminated glass is a type of safety glass composed of a layer of polyvinyl butyral (PVB) sandwiched between two layers of float glass. In the event of a break, the PVB layer helps to keep the glass together. Laminated glass can also be coated with a variety of compounds to provide solar control. Thus, this segment allows the consumer to select the type of solar control glass according to their specific needs and preferences.
By coating method
The solar control glass market is categorized based on coating method into hard coated and soft coated. Hard coated segment is dominating the market due to its super performance and durability. Hard-coated solar control glass has a long-lasting layer of metal or metal oxide coating. A chemical vapour deposition (CVD) or physical vapour deposition (PVD) procedure is commonly used to apply this covering. Hard-coated solar control glass is scratch and abrasion resistant, and it has the best solar heat rejection and visible light transmission characteristics. A small layer of organic material coats soft-coated sun control glass. This coating is often applied with a spray or roller coating method. Soft-coated solar control glass is less expensive than hard-coated solar control glass, but it is also less robust and performs worse in terms of solar heat rejection and visible light transmission. Thus, this segment allows the consumer to select the coating method of solar control glass according to their specific needs and preferences.
By Application
The solar control glass market is segmented based on application into residential buildings, commercial buildings and automotive. Residential buildings segment is dominating the market due to the increasing demand for energy-efficient homes. Solar control glass is utilized in many residential construction applications, including windows, doors, and skylights. By limiting the amount of heat that enters through the windows, solar control glass can help to minimize the energy consumption of residential buildings. Solar control glass is also used in office buildings, retail businesses, and hotels. Solar control glass can help commercial buildings save energy by minimizing heat gain via windows and improving indoor comfort. Solar control glass is utilized in numerous vehicle applications, including windshields, side windows, and rear windows. Solar control glass can help to reduce interior vehicle temperatures and enhance fuel efficiency. Thus, this segment allows the consumer to select the type of application of solar control glass according to their specific needs and preferences.
Global solar control glass overview by region
Europe
Europe currently dominates the global solar control glass market, and this dominance is expected to continue in the future. Europe region is one of the early adopters of solar control glasses in residential and commercial buildings due to increasing demand for energy efficient buildings. As the demand for solar control glass continues to rise, Europe is projected to maintain its leading position in the market in the coming years.
Asia Pacific
Asia-Pacific is experiencing significant growth in the global solar control glass market, with a significant compound annual growth rate (CAGR). This is owing to the region's increasing urbanization and economic growth, which is driving up demand for new buildings and infrastructure. In the Asia Pacific region, solar control glass is commonly utilized in buildings to minimize energy use and increase indoor comfort. With the continuous advancements in solar control glass technology and with the rising demand in buildings and infrastructure, Asia-Pacific is expected to witness a substantial CAGR in the coming years.
Global solar control glass competitive landscape
The competitive landscape of the market is marked by a wide array of players competing for market dominance. To address the growing demand for solar control glass, the key companies are anticipated to focus on extending their presence in emerging regions and creating new products. The competition is fierce, with companies continually striving to gain an edge through technological innovations, customer-centric features, and expanding their product ranges. As consumer demand for solar control glass continues to grow, the market is anticipated to witness even more intense competition among these players. The major players in the market are, Asahi Glass Company, Saint Gobain, NSG, Xinyi Auto, CSG Architectural, Corning, Central Glass, Schott, Sisecam, AGC Glass Europe, Cardinal Glass Industries Inc, Guardian Glass LLC, Nippon Sheet Glass Co Ltd, PPG Industries Inc.
Global solar control glass recent developments
March 2023,
Triveni Glass has announced plans to build a solar glass manufacturing plant in Andhra Pradesh, India. The factory, which will be capable of producing 840 metric tons of solar glass each day, is expected to employ 2,000 people.
September 2022,
Ubiquitous Energy, a US solar window expert, claims it intends to convert skyscrapers into vertical solar farms by installing solar windows.
Scope of global solar control glass report
Global solar control glass report segmentation
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ATTRIBUTE |
DETAILS |
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By Type |
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By Coating Method |
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By Application Type |
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By Geography |
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Customization Scope |
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Pricing |
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Objectives of the Study
The objectives of the study are summarized in 4 stages. They are as mentioned below:
To identify and estimate the market size for global solar control glass it is segmented by type, by coating method, by application and by region. Also to understand the consumption/demand created by consumers between 2023 and 2031.
Market Landscape and Trends:
To identify and infer the drivers, restraints, opportunities, and challenges for global Solar control glass
To find out the factors which are affecting the market of global solar control glass among consumers
To provide a detailed insight into the major companies operating in the market. The profiling will include the financial health of the company's past 2-3 years with segmental and regional revenue breakup, product offering, recent developments, SWOT analysis, and key strategies.
Research Methodology
Our research methodology has always been the key differentiating reason which sets us apart in comparison from the competing organizations in the industry. Our organization believes in consistency along with quality and establishing a new level with every new report we generate; our methods are acclaimed and the data/information inside the report is coveted. Our research methodology involves a combination of primary and secondary research methods. Data procurement is one of the most extensive stages in our research process. Our organization helps in assisting the clients to find the opportunities by examining the market across the globe coupled with providing economic statistics for each and every region. The reports generated and published are based on primary & secondary research. In secondary research, we gather data for global Market through white papers, case studies, blogs, reference customers, news, articles, press releases, white papers, and research studies. We also have our paid data applications which includes hoovers, Bloomberg business week, Avention, and others.
Data Collection
Data collection is the process of gathering, measuring, and analyzing accurate and relevant data from a variety of sources to analyze market and forecast trends. Raw market data is obtained on a broad front. Data is continuously extracted and filtered to ensure only validated and authenticated sources are considered. Data is mined from a varied host of sources including secondary and primary sources.
Primary Research
After the secondary research process, we initiate the primary research phase in which we interact with companies operating within the market space. We interact with related industries to understand the factors that can drive or hamper a market. Exhaustive primary interviews are conducted. Various sources from both the supply and demand sides are interviewed to obtain qualitative and quantitative information for a report which includes suppliers, product providers, domain experts, CEOs, vice presidents, marketing & sales directors, Type & innovation directors, and related key executives from various key companies to ensure a holistic and unbiased picture of the market.
Secondary Research
A secondary research process is conducted to identify and collect information useful for the extensive, technical, market-oriented, and comprehensive study of the market. Secondary sources include published market studies, competitive information, white papers, analyst reports, government agencies, industry and trade associations, media sources, chambers of commerce, newsletters, trade publications, magazines, Bloomberg BusinessWeek, Factiva, D&B, annual reports, company house documents, investor presentations, articles, journals, blogs, and SEC filings of companies, newspapers, and so on. We have assigned weights to these parameters and quantified their market impacts using the weighted average analysis to derive the expected market growth rate.
Top-Down Approach & Bottom-Up Approach
In the top – down approach, the Global Batteries for Solar Energy Storage Market was further divided into various segments on the basis of the percentage share of each segment. This approach helped in arriving at the market size of each segment globally. The segments market size was further broken down in the regional market size of each segment and sub-segments. The sub-segments were further broken down to country level market. The market size arrived using this approach was then crosschecked with the market size arrived by using bottom-up approach.
In the bottom-up approach, we arrived at the country market size by identifying the revenues and market shares of the key market players. The country market sizes then were added up to arrive at regional market size of the decorated apparel, which eventually added up to arrive at global market size.
This is one of the most reliable methods as the information is directly obtained from the key players in the market and is based on the primary interviews from the key opinion leaders associated with the firms considered in the research. Furthermore, the data obtained from the company sources and the primary respondents was validated through secondary sources including government publications and Bloomberg.
Market Analysis & size Estimation
Post the data mining stage, we gather our findings and analyze them, filtering out relevant insights. These are evaluated across research teams and industry experts. All this data is collected and evaluated by our analysts. The key players in the industry or markets are identified through extensive primary and secondary research. All percentage share splits, and breakdowns have been determined using secondary sources and verified through primary sources. The market size, in terms of value and volume, is determined through primary and secondary research processes, and forecasting models including the time series model, econometric model, judgmental forecasting model, the Delphi method, among Flywheel Energy Storage. Gathered information for market analysis, competitive landscape, growth trends, product development, and pricing trends is fed into the model and analyzed simultaneously.
Quality Checking & Final Review
The analysis done by the research team is further reviewed to check for the accuracy of the data provided to ensure the clients’ requirements. This approach provides essential checks and balances which facilitate the production of quality data. This Type of revision was done in two phases for the authenticity of the data and negligible errors in the report. After quality checking, the report is reviewed to look after the presentation, Type and to recheck if all the requirements of the clients were addressed.
