The global solar control glass market is expected to grow at a CAGR of 9.2% during 2016-2022.
Solar control glass is widely used in the commercial and residential buildings. Among the various applications, the commercial building segment dominated the global market, and it is anticipated to retain its dominance during the forecast period. However, the increasing awareness regarding climatic change and advancement in technology has forced manufacturers to introduce various other applications of solar control glass. These applications include conservatories, glass walkways, skylights, and atria.
The tremendous growth in the BIPV market is expected to create opportunities in the solar control glass market, owing to the surging global awareness about carbon emissions. BIPV are materials that are largely used in the construction of new buildings as the major source of electrical power, rather than the conventional building materials. They are used in various applications such as vertical and horizontal surfaces, which help in generating solar energy in wider areas. Moreover, the marginal additional cost of the installation of BIPV has made it the fastest growing segment in the PV industry. In addition, the recent innovation and advancement in BIPV products such as colored, transparent, and insulated BIPV windows will further create opportunities in the market.
The massive unexplored solar control glass market in the developing nations has created abundant opportunities for the major players to exploit the potential of the solar control glass market. Although, there has been significant development in the developed economies of European Union and the U.S., the solar control glass market is still at its nascent form, especially in the developing countries of Asia-Pacific, Latin America, and Africa. A high growth in the construction industries has been witnessed in the developing countries of these regions, which provides immense growth opportunities for the solar control glass market in these regions.
- Asahi Glass Co. Ltd.
- Guardian Industries
- Nippon Sheet Glass Co. Ltd.
- Saint Gobain
- Taiwan Glass Group
- Trakya Cam Sanayii
1. Research Scope & Methodology
2. Executive Summary
3. Market Outlook
4. Global Solar Control Glass Market Size and Forecast (2012 - 2022)
5. Global Solar Control Glass Market, by Geography
6. Competitive Positioning Analysis
7. Company Profiles and Strategic Developments
For more information visit http://www.researchandmarkets.com/research/j9n5ng/global_solar
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SOURCE Research and Markets