Solar Control Glass Market Analysis

Application (Residential, Commercial, Automotive) 

The global solar control glass market is segmented and analyzed for demand and supply by application into residential, commercial, automotive, and others. Out of these, the residential segment is attributed to garner the highest market share by 2037, owing to the high demand for residential properties by the burgeoning population. The United States Census Bureau stated that there were around 142,153,010 housing units in the U.S. as of June 2021. Also, the growing concept of residential energy management through the rising air conditioning costs and growing awareness to save energy bills are supporting the segment’s growth. Moreover, the recent trend of repairing and renovating residential buildings in developing economies is estimated to make solar control glass an attractive choice for ensuring sufficient natural light in the rooms while eliminating the penetration of harmful UV rays and excess heat, which avoids discoloration of furniture and skin disorders.

On the other hand, the commercial segment is also considered to hold a significant share with a steady CAGR. With rapid industrialization and urbanization across the world, there has been a rise in the construction of commercial buildings, including malls, corporate offices, industrial factories, and others, making solar control glass an ideal match to regulate the temperature of the indoor environment during the summer. Furthermore, constant government support is estimated to increase the sales of solar control glass in the upcoming years. For instance, government initiatives such as “Make in India” and the implementation of the “Real Estate Regulatory Authority (RERA)” are boosting the commercial real estate sector in India, which is anticipated to positively contribute to segment growth.

Type (Float Glass, Heat Strengthened Glass, Laminated Glass, Tempered Glass)

The global solar control glass market is also segmented and analyzed for demand and supply by type into float glass, heat-strengthened glass, laminated glass, tempered glass, and others. Out of these, the tempered glass segment is attributed to holding the largest share by the end of the forecast period. The rising awareness about the advantages offered by tempered glass, such as ease of cleaning, high strength, and increased safety as compared to other types of solar control glass, is considered to be the major factor for segment growth. Generally, the components used to manufacture tempered glass have high strength, which makes it six times stronger than conventional solar control glass, which makes it an ideal option in the construction of new buildings.  

Our in-depth analysis of the global market includes the following segments: