Solar Control Glass Market size was over USD 5.99 billion in 2024 and is poised to exceed USD 19.03 billion by 2037, growing at over 9.3% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of solar control glass is evaluated at USD 6.44 billion. The major factor that is attributed to the market growth is the rising construction industry along with the expansion of green residential and non-residential buildings, which is anticipated to create a high demand for solar control glass for numerous construction processes. Moreover, the surging demand for solar control glass, followed by the growing construction industry, that is predicted to increase the global control glass market size. The recent data revealed that in 2020, the total spending in the U.S. construction sector amounted to around USD 2 trillion.
The global market is primarily driven by the rising awareness of green construction. A green building brings positive impacts on the environment by utilizing renewable energy, reducing pollution and waste generation, using non-toxic materials, and improving the quality of the building’s design for the installation of solar panels. Thus, with the rise in the development of green buildings to support sustainable development, it is estimated to bring lucrative growth opportunities for the market. Further, the demand for solar control glass is also anticipated to increase in the next few years owing to rising awareness about the high cost of air conditioning in residential and commercial spaces. In addition to the aforementioned factors, rapid urbanization, the escalating focus on reducing carbon dioxide emissions, growing awareness about climate change, along with the rapid expansion of smart construction activities are some of the other growth factors that are projected to create a positive outlook during the forecast period.
Author Credits: Rajrani Baghel
Copyright © 2024 Research Nester. All Rights Reserved
FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.
Have questions before ordering this report?