Global Solar Control Glass Market was valued US$ 5.1 Bn in 2018 and is expected to reach US$ 9.50 Bn by 2026, at a CAGR of 9.29 % during a forecast period.
An increase in the green building practices across the globe, demand from developing economies because of the growth in the disposable income, usage of photovoltaics glass in commercial, residential buildings, and automotive industry are some of the driving factors behind the growth of the global solar control glass market.
The tempered glass segment is expected to grow at a XX% rate of CAGR during the forecast period.
The tempered glass segment is expected to contribute a significant share in the solar control glass market. The growth in the market is attributed to the high strength and ease of clean-up. Additionally, the usage of the tempered glass for sidelite & backlight and in the modern buildings is increasing, which is expected to boost the market growth by tempered glass segment.
The photochromic segment is expected to contribute significant share in the global solar control glass market
Based on the nature segment, the global solar control glass market is segmented into electrochromic, photochromic, gasochromic, and others. Among these, the photochromic segment is expected to hold the dominant position in the market forecast period because of its ability to convert light into electricity and growing usage in commercial building applications. The use of the photochromic based window film to controls UV transmittance to warm building interiors is expected to increase the photochromic segment growth during the forecast period.
The Europe region is estimated to hold the dominant position in the global solar control glass market.
The dominant position in the market is attributed to the increase in the adoption and usage of control glass in applications like residential buildings and commercial buildings in the region. The stringent regulations towards fighting the climatic changes are expected to increase the demand
Key players operating in the Global Solar Control Glass Market includes Saint Gobain, Arcon Flachglas-Veredlung GmbH & Co. KG, Şişecam Flat Glass, Cardinal Glass Industries, Euroglas GmbH, AGC Glass Europe, PPG Industries Inc., Guardian Glass, Nippon Sheet Glass, Asahi India Glass and CSG Architectural Glass.
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