The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

The solar control glass market has experienced robust growth in recent years, with the market size expanding from $5.54 billion in 2023 to $5.92 billion in 2024, reflecting a compound annual growth rate (CAGR) of 6.8%. Key drivers contributing to this growth include:

1. Cost Reduction Initiatives
   • Initiatives aimed at reducing costs have spurred market expansion.
   • Cost-efficient solutions make solar control glass more accessible to a wider consumer base.
2. Energy Efficiency Concerns
   • Increasing awareness about energy conservation drives demand for energy-efficient solutions like solar control glass.
3. Urbanization and Construction Boom
   • Rapid urbanization, coupled with a construction boom, fuels the demand for construction materials, including solar control glass.
4. Focus on Green Buildings
   • Growing emphasis on green building practices necessitates environmentally sustainable materials like solar control glass.
5. Automotive Industry Demand
   • The automotive sector’s growing demand for energy-efficient solutions drives adoption of solar control glass in vehicle manufacturing.

Future Projections and Influential Factors
Looking ahead, the solar control glass market is expected to continue its strong growth trajectory, reaching $7.72 billion by 2028, with a CAGR of 6.9%. Key factors driving this forecast include:

1. Consumer Demand for Comfort
   • Increasing consumer preference for comfortable living and working environments fuels demand for solar control glass.
2. Research and Development
   • Ongoing research and development efforts drive innovation in solar control glass technologies, enhancing their efficiency and effectiveness.
3. UV Protection Needs
   • Growing concerns about UV radiation exposure emphasize the importance of solar control glass for UV protection in buildings and vehicles.
4. Shift to Energy Conservation
   • The global shift towards energy conservation amplifies the demand for energy-efficient solutions like solar control glass.
5. Architectural Preferences
   • Architects’ preferences for innovative and aesthetically pleasing building materials contribute to the market’s growth.

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 Solar Control Glass Market Surges Amid Global Rise In Green Building Practices
Driving Forces: Green Building Practices
The surge in green building practices worldwide is a primary driver of the solar control glass market’s growth. Green buildings, characterized by their low carbon emissions and environmental sustainability, rely on materials like solar control glass to enhance energy efficiency.

Industry Insights: World Green Building Trends
According to the 2021 World Green Building Trends report, the adoption of green building strategies is on the rise globally. As more construction projects incorporate green practices, the demand for solar control glass is expected to increase significantly.

Market Players and Landscape
Leading companies in the solar control glass market include:

• Asahi Glass Company Limited
• Arcon Flach- und Sicherheitsglas GmbH & Co. KG
• Cardinal Glass Industries Inc.
• PPG Industries Inc.
• Euroglas GmbH

Innovative Solutions Drive Solar Control Glass Market Focus On Energy Efficiency

Embracing Innovation
Innovation plays a pivotal role in shaping the solar control glass market. Major players are developing advanced technologies to enhance energy efficiency and sustainability.

Case Study: AGC Obeikan
AGC Obeikan introduced Stopray Ace-30T, a solar control-coated glass tailored for hot climate regions like the Middle East and North Africa. This innovative product offers optimal solar control, improving comfort and energy efficiency in buildings.

Strategic Acquisitions Fuel Market Expansion

Expanding Global Footprint
Strategic acquisitions bolster market expansion and diversification. Borosil’s acquisition of Interfloat Group in April 2022 exemplifies this trend, enabling Borosil to expand its solar glass offerings and increase its presence in Europe.

Market Segmentation Overview
Understanding Market Segments

The solar control glass market is segmented based on:

1. Glass Types
   • Float Glass
   • Heat Strengthened Glass
   • Laminated Glass
   • Tempered Glass
   • Other Glasses
2. Coating Methods
   • Hard Coated
   • Soft Coated
3. Nature
   • Electrochromic
   • Photochromic
   • Gasochromic
   • Other Nature
4. Applications
   • Residential
   • Commercial
   • Automotive
   • Other Applications

Regional Insights: Europe Leads, Asia-Pacific Emerges

Regional Dominance
Europe emerged as the largest region in the solar control glass market in 2023. However, Asia-Pacific is poised to witness the fastest growth in the forecast period, driven by increasing construction activities and growing awareness of energy-efficient solutions.

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The Solar Control Glass Global Market Report 2024  provides an overview of the solar control glass market for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The solar control glass market forecast analyzes solar control glass market size, solar control glass market share, leading competitor and their market positions.

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Solar Energy Global Market Report 2024
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