Solar Control Glass Market

The global solar control glass market was valued at an estimated $4,198.0 million in 2015, and
it is expected to grow at a CAGR of 9.2% during 2016-2022. The factors driving the growth of the
global market are increased government initiatives and tax benefits, growing construction of
residential and non-residential buildings, huge growth in the building-integrated photovoltaic
(BIPV) market.
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The key trend witnessed in the global market is technological advancements. New product
innovation and rapid transformation of coating technology allows architects and engineers to fine
tune the properties of functional glass with light and radiation. Solar control glass is the most
important innovation in the modern glass technology field. Solar control glass is a glass with
special coatings that reduce the amount of heat entering into buildings.
According to the EU, the use of solar control glass in residential and non-residential buildings in the
region could save up to 15 million tons of carbon dioxide every year. Moreover, the new technology
will help in saving energy, as it reduces the load on air conditioning systems. The recent
advancement in solar control glass technology is expected to fuel the growth of the global market
during the forecast period.
Asia-Pacific is anticipated to be the fastest growing market of solar control glass. The major reason
for the highest growth in the region is the strong surge in construction industry. Moreover, the
several tax benefit schemes and growing BIPV market are also supporting the growth of the Asia-
Pacific solar control glass market. A high investment from China and Japan in the solar control
glass market is expected to fuel its growth in Asia-Pacific during the forecast period.
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Some of the major players operating in the global solar control glass market include Saint-Gobain
S.A., Asahi Glass Co. Ltd., Nippon Sheet Glass Co. Ltd., Guardian Industries, Taiwan Glass
Group, Trakya Cam Sanayii A.Ş.
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