Global Coated Solar Control Glass Market 2017-2021
About Coated Solar Control Glass
Solar control glass is a hi-tech glass, which allows only a small portion of the sun's heat to pass through it and reflects a major portion, thereby making the indoor space cooler and brighter. The growing use of glass in modern buildings and the rising demand for comfort are anticipated to boost the global coated solar control glass market in the buildings and automotive industries.
Technavio’s analysts forecast the global coated solar control glass market to grow at a CAGR of 6.21% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global coated solar control glass market for 2017-2021. To calculate the market size, the report considers sales coated solar glass used in commercial buildings, residential buildings, automotive, solar applications, and others.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Coated Solar Control Glass Market 2017-2021
Technavio recognizes the following companies as the key players in the global coated solar control glass market: ASAHI GLASS, Euroglas, Guardian Industries, Nippon Sheet Glass, and Saint-Gobain.
Other Prominent Vendors in the market are: Cardinal Glass Industries, Central Glass, DB Glass, Fuso Glass India, PPG Industries.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is global emphasis on environment-friendly building. The construction industry derives many benefits, such as strength, durability, and thermal efficiency from coated solar control glass. Solar control glass is mainly used in residential and commercial buildings, which will propel its demand.”
According to the report, one driver in the market is growing demand for solar thermal panels. Thermal power generation is the main reason behind the increasing air pollution, CO₂ emission, and global warming. Coal, oil, and gas are the worst offenders in this respect. In response, countries such as the US, China, India, and Australia have initiated encouraging clean technology. The governments are also supporting the renewable energy generation, to counter global warming.
Further, the report states that one challenge in the market is seasonal fluctuations in solar power availability. The solar power generation industry is dependent on sunlight, which makes solar panel demand prone to seasonal fluctuations. The intensity of sunlight varies throughout the day and according to the seasons and the geographical location. The demand for a solar panel is generally less during the first quarter of every year in Europe, as the core solar markets in Europe are restricted by winter snow.
ASAHI GLASS, Euroglas, Guardian Industries, Nippon Sheet Glass, Saint-Gobain, Cardinal Glass Industries, Central Glass, DB Glass, Fuso Glass India, PPG Industries.