Report Description
The solar control glass market size was valued at about USD 5.76 Bn in 2022 and is anticipated to reach USD 10.84 Bn by 2031, expanding at a CAGR of 8.8 % during the forecast period, 2023–2031. The growth of the market is attributed to the increasing awareness regarding carbon dioxide ejection and advancement in technology.
Solar control glass is a kind of glass available in a binary or triple-coating glass made of metal oxide covering the inner side of the external glass unit. The metal oxide covering on the glass reverses the sun’s utmost UV rays and prevents heat by releasing natural light.
The benefits of solar control glass include reduced sunlight flare, reduce air-conditioner use, purification of UV rays, shielding furniture from fading, and low maintenance. Many types of solar control glass offer creative options such as tinted, reflective, and neutral.
It has several demands in the construction industry and commercial buildings. Solar glass can be used in plentiful ways in a building such as on roofs, windows, and facades. Solar control glass is combined into double-coating windows with self-cleaning systems and decorative glass solutions.
COVID-19 has negatively impacted the market. The execution of lockdowns across the globe as a scope to prevent the widespread of the COVID-19 pandemic, the project of both commercial and residential segments was on halt or canceled. Pre-existing construction also was postponed. Furthermore, the supply chain got disturbed and hampered the market growth by the impact of COVID-19.
Solar Control Glass Market Dynamics
The global solar control glass market report has up-to-date insights that help in formulating a strategic roadmap about the estimated market scenario and performance during 2023 to 2031.
Market Drivers, Restraints, and Opportunities
- Increasing importance on reducing carbon ejection is expected to give a positive effect on the growth of the market. A compulsory focus on carbon reduction in automobiles is also producing demand for solar control glass. It supplies cooling effects in adverse conditions.
- This is the reason increasing demand for the use of solar control glass, within tropical climate countries. The use of this glass in automobiles generates a cooling effect and guides the minor need for air-conditioning in the vehicles, making it fuel-saving and lowering CO2 discharge, this is expected to boost the demand.
- Solar control coating is an advanced technology that aids in reducing the temperature in buildings affected due to sunlight. In determining solar control coating, the most important component to consider is the total solar heat transmission or g value (total solar energy transmittance of windows).
- High cost of raw materials for solar control glass restricts the market growth. Crucial challenges that impact the market trends are the increasing raw material cost.
- Raw materials such as soda ash and silica sand are used for the manufacturing of glass, further used in solar control glass for the automobile industry. The high cost of raw materials also hampers the growth of the overall automotive industry.
- Green construction is an integrated concept that building, in its design, services, or construction brings beneficial impacts, on the natural environment and climate conditions. The benefits of green construction such as pollution free, the use of renewable energy, the use of non-toxic materials, improved quality of design, projects, waste reduction, and structure of the building enable the acceptance of changing environment.
Scope of Solar Control Glass Market Report
The report on the global solar control glass market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes
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Details
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Report Title
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Solar Control Glass Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2022
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Historic Data
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2020 – 2021
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Forecast Period
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2023–2031
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Segmentation
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Type (Laminated Glass, Float Glass, Tempered Glass, and Heat-Strengthened Glass), Coating Method (Soft-Coated and Hard-Coated), Nature (Photochromic, Electrochromic, and Gasochromic), and Application (Commercial, Residential, and Automotive)
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Regional Scope
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Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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Central Glass; Corning; CSG Architectural; Asahi Glass Company; Cardinal Glass Industries Inc; Euroglas GmbH; Guardian Industries; NSG; Saint Gobain; Schott; Sisecam; and Xinyi Auto;
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Solar Control Glass Market Segment Insights
Based on type, the market is divided into laminated glass, float glass, tempered glass, and heat-strengthened glass. The tempered glass segment is expected to expand at a significant growth rate during the projection period. The benefits of tempered glass such as ease to clean and high strength in comparison to other control glasses. It has six times higher strength than normal plate glass and offers safety and toughness at the same time, which rises use in new construction.
On the basis of coating method, the global market is segregated into soft-coated and hard-coated. The hard-coated segment is projected to register a considerable CAGR during the forecast period. It assists in adjusting the energy flow and helps in preventing the amount of heat from entering the buildings, keeping places cool, and brighter.
Based on nature, the solar control glass market is segmented into photochromic, electrochromic, and gasochromic. The photochromic segment is expected to register a robust growth rate during the projected period. These are lenses that darkened in the sunlight and lighten in softer light or the dark. Photochromic glass is also known as transition lenses, its inks change their color with dark light or spectral dividing of the light.
Electrochromic is an electrical glass material that helps to limit the quantity of solar energy and light that can enter a space through the coating removing the need for separation of shading systems. Electrochromic glass is a smart glass that changes transmittance (how much light it passes) if provoked by an electrical signal.
On the basis of application, the market is segmented into commercial, residential, and automotive. The commercial segment is expected to register a robust growth rate during the forecast period. Commercial buildings are a large application due to growth in the construction industry. Increasing modernization in the world is guiding the construction of commercial constructions.
Residential buildings were the second large application segment. The major utilization of the product in residential buildings is observed in Europe and North America. Numerous advantages provided by the solar glass make new buildings more attractive along with the renovation of existing buildings.
In terms of region, the global solar control glass market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Asia Pacific is expected to fast a growing regional market during the projection period. The growth in this region is due to changing climate conditions and rising in the number of residential and commercial buildings. Growing infrastructure investment in this region is expected to fuel demand for solar control glass.
Europe dominates the global requirement for the product due to quick adoption and increasing usage in applications such as commercial and residential buildings. The growth in North America can be due to the beneficial construction projects and the automotive industry outlook. The requirement for solar control glass is expected to grow to a great extent in the Middle East owing to numerous new construction projects.
Segments
The global solar control glass market has been segmented on the basis of
Type
- Laminated Glass
- Float Glass
- Tempered Glass
- Heat Strengthened Glass
Coating Method
Nature
- Photochromic
- Electrochromic
- Gasochromic
Application
- Commercial
- Residential
- Automotive
Region
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- Central Glass
- Corning
- Asahi Glass Company
- CSG Architectural
- Cardinal Glass Industries Inc
- Euroglas GmbH
- Guardian Industries
- NSG
- Saint Gobain
- Schott
- Sisecam
- Xinyi Auto
Competitive Landscape
Key players in the global solar control glass market are Central Glass; Corning; CSG Architectural; Asahi Glass Company; Cardinal Glass Industries Inc; Euroglas GmbH; Guardian Industries; NSG; Saint Gobain; Schott; Sisecam; and Xinyi Auto.
These companies adopted development strategies including mergers, acquisitions, partnerships, collaboration, product launches, and production expansion to expand their consumer base worldwide. The competitive landscape covers key insights into growth strategies adopted by major market players.
Guardian Industries Holdings, LLC is a glass ceramic, and concrete manufacturing company. It is one of the global leading companies in the market, founded in 1932. Their expertise lies in manufacturing various types of glass, such as high-performance glass float glass, coated, and fabricated glass products, among others. The company also specializes in manufacturing automotive parts and building materials distribution.
In June 2018, Asahi India Glass Ltd. launched a new decorative range of architectural glass. The main part is to change living spaces and improve lifestyles through a high utility range and remarkable visual appeal. The glass ranges from patterned heat-reflective glass which can be used for exteriors and interiors of the building, while also adding luxurious and exquisite elements to the appearance.
Table Of Content
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Solar Control Glass Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Solar Control Glass Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Solar Control Glass Market - Supply Chain
4.5. Global Solar Control Glass Market Forecast
4.5.1. Solar Control Glass Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Solar Control Glass Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Solar Control Glass Market Absolute $ Opportunity
5. Global Solar Control Glass Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Solar Control Glass Market Size and Volume Forecast by Types
5.3.1. Laminated Glass
5.3.2.
Float Glass
5.3.3.
Tempered Glass
5.3.4.
Heat Strengthened Glass
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Solar Control Glass Market Analysis and Forecast by Applications
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Applications
6.2.2. Y-o-Y Growth Projections by Applications
6.3. Solar Control Glass Market Size and Volume Forecast by Applications
6.3.1. Commercial
6.3.2.
Residential
6.3.3.
Automotive
6.4. Absolute $ Opportunity Assessment by Applications
6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global Solar Control Glass Market Analysis and Forecast by Region
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Region
7.2.2. Y-o-Y Growth Projections by Region
7.3. Solar Control Glass Market Size and Volume Forecast by Region
7.3.1. North America
7.3.2. Latin America
7.3.3. Europe
7.3.4. Asia Pacific
7.3.5. Middle East and Africa (MEA)
7.4. Absolute $ Opportunity Assessment by Region
7.5. Market Attractiveness/Growth Potential Analysis by Region
7.6. Global Solar Control Glass Demand Share Forecast, 2019-2026
8. North America Solar Control Glass Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.2. North America Solar Control Glass Market Size and Volume Forecast by Country
8.2.1. U.S.
8.2.2. Canada
8.3. Absolute $ Opportunity Assessment by Country
8.4. North America Solar Control Glass Market Size and Volume Forecast by Types
8.4.1. Laminated Glass
8.4.2.
Float Glass
8.4.3.
Tempered Glass
8.4.4.
Heat Strengthened Glass
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. North America Solar Control Glass Market Size and Volume Forecast by Applications
8.7.1. Commercial
8.7.2.
Residential
8.7.3.
Automotive
8.8. Basis Point Share (BPS) Analysis by Applications
8.9. Y-o-Y Growth Projections by Applications
8.10. Market Attractiveness/Growth Potential Analysis
8.10.1. By Country
8.10.2. By Product Type
8.10.3. By Application
8.11. North America Solar Control Glass Demand Share Forecast, 2019-2026
9. Latin America Solar Control Glass Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Latin America Average Pricing Analysis
9.2. Latin America Solar Control Glass Market Size and Volume Forecast by Country
9.2.1. Brazil
9.2.2. Mexico
9.2.3. Rest of Latin America
9.3. Absolute $ Opportunity Assessment by Country
9.4. Latin America Solar Control Glass Market Size and Volume Forecast by Types
9.4.1. Laminated Glass
9.4.2.
Float Glass
9.4.3.
Tempered Glass
9.4.4.
Heat Strengthened Glass
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Latin America Solar Control Glass Market Size and Volume Forecast by Applications
9.7.1. Commercial
9.7.2.
Residential
9.7.3.
Automotive
9.8. Basis Point Share (BPS) Analysis by Applications
9.9. Y-o-Y Growth Projections by Applications
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.11. Latin America Solar Control Glass Demand Share Forecast, 2019-2026
10. Europe Solar Control Glass Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Europe Average Pricing Analysis
10.2. Europe Solar Control Glass Market Size and Volume Forecast by Country
10.2.1. Germany
10.2.2. France
10.2.3. Italy
10.2.4. U.K.
10.2.5. Spain
10.2.6. Russia
10.2.7. Rest of Europe
10.3. Absolute $ Opportunity Assessment by Country
10.4. Europe Solar Control Glass Market Size and Volume Forecast by Types
10.4.1. Laminated Glass
10.4.2.
Float Glass
10.4.3.
Tempered Glass
10.4.4.
Heat Strengthened Glass
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Europe Solar Control Glass Market Size and Volume Forecast by Applications
10.7.1. Commercial
10.7.2.
Residential
10.7.3.
Automotive
10.8. Basis Point Share (BPS) Analysis by Applications
10.9. Y-o-Y Growth Projections by Applications
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.11. Europe Solar Control Glass Demand Share Forecast, 2019-2026
11. Asia Pacific Solar Control Glass Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Asia Pacific Average Pricing Analysis
11.2. Asia Pacific Solar Control Glass Market Size and Volume Forecast by Country
11.2.1. China
11.2.2. Japan
11.2.3. South Korea
11.2.4. India
11.2.5. Australia
11.2.6. Rest of Asia Pacific (APAC)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Asia Pacific Solar Control Glass Market Size and Volume Forecast by Types
11.4.1. Laminated Glass
11.4.2.
Float Glass
11.4.3.
Tempered Glass
11.4.4.
Heat Strengthened Glass
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Asia Pacific Solar Control Glass Market Size and Volume Forecast by Applications
11.7.1. Commercial
11.7.2.
Residential
11.7.3.
Automotive
11.8. Basis Point Share (BPS) Analysis by Applications
11.9. Y-o-Y Growth Projections by Applications
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.11. Asia Pacific Solar Control Glass Demand Share Forecast, 2019-2026
12. Middle East & Africa Solar Control Glass Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Middle East & Africa Average Pricing Analysis
12.2. Middle East & Africa Solar Control Glass Market Size and Volume Forecast by Country
12.2.1. Saudi Arabia
12.2.2. South Africa
12.2.3. UAE
12.2.4. Rest of Middle East & Africa (MEA)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Middle East & Africa Solar Control Glass Market Size and Volume Forecast by Types
12.4.1. Laminated Glass
12.4.2.
Float Glass
12.4.3.
Tempered Glass
12.4.4.
Heat Strengthened Glass
12.5. Basis Point Share (BPS) Analysis by Types
12.6. Y-o-Y Growth Projections by Types
12.7. Middle East & Africa Solar Control Glass Market Size and Volume Forecast by Applications
12.7.1. Commercial
12.7.2.
Residential
12.7.3.
Automotive
12.8. Basis Point Share (BPS) Analysis by Applications
12.9. Y-o-Y Growth Projections by Applications
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.11. Middle East & Africa Solar Control Glass Demand Share Forecast, 2019-2026
13. Competition Landscape
13.1. Global Solar Control Glass Market: Market Share Analysis
13.2. Solar Control Glass Distributors and Customers
13.3. Solar Control Glass Market: Competitive Dashboard
13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
13.4.1. Central Glass
13.4.2.
Corning
13.4.3.
Asahi Glass Company
13.4.4.
CSG Architectural
13.4.5.
Cardinal Glass Industries Inc
13.4.6.
Euroglas GmbH
13.4.7.
Guardian Industries
13.4.8.
NSG
13.4.9.
Saint Gobain
13.4.10.
Schott
13.4.11.
Sisecam
13.4.12.
Xinyi Auto