The coated solar control glass market share is expected to increase by USD 3.95 billion from 2020 to 2025, and the market’s growth momentum will accelerate at a CAGR of 10%.
The market research report provides valuable insights into the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by application (commercial, residential, automotive, solar, and others) and geography (Europe, North America, APAC, MEA, and South America).
The coated solar control glass market report also offers information on several market vendors, including AGC Inc., arcon Flachglas-Veredlung GmbH & Co. KG, Central Glass Co. Ltd., Compagnie de Saint-Gobain SA, Corning Inc., Euroglas GmbH, Koch Industries Inc., Nippon Sheet Glass Co. Ltd., PPG Industries Inc., and Xinyi Solar Holdings Ltd. among others.
AGC Inc. - The company offers a wide range of coated solar control glasses for residential and commercial end-users. The product range includes Stopsol Glass, T-Sunlux Glass, and Sunergy Glass. Through the glass segment, the company offers architectural and automotive glasses for respective industries.
What will the Coated Solar Control Glass Market Size be During the Forecast Period?
Get the Coated Solar Control Glass Market Size Forecast by Download Report Sample
Parent Market Analysis
Technavio categorizes the global coated solar control glass market as a part of the global construction materials market within the global materials market. Our research report extensively covers external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the coated solar control glass market during the forecast period.
Coated Solar Control Glass Market: Key Drivers, Trends, and Challenges
Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
Key Coated Solar Control Glass Market Driver
- One of the key factors driving growth in the coated solar control glass market is the increasing demand for coated solar control glass from the automotive industry.
- Coated solar control glass is one of the materials that can be used to replace metal components (for a roof) in the automotive industry. Currently, the global automotive industry is one of the fastest adopters of coated solar control glass as it is widely used in automotive exteriors and interiors to make vehicles lightweight.
- Coated solar control glass is used to produce lightweight, fuel-efficient, and environment-friendly automobiles as more countries worldwide are introducing stringent regulations on vehicle emissions to reduce air pollution. The increasing production of vehicles will fuel the demand for coated solar control glass in automotive applications during the forecast period.
Key Coated Solar Control Glass Market Challenge
- The need for high capital and R&D investments will be a major challenge for the coated solar control glass market during the forecast period.
- The need for residential and commercial end-users to have low-cost, energy-efficient solutions and the slow shift from the use of normal flat glass to coated solar control glass are posing serious engineering- and revenue-related challenges for vendors across the world.
- Coated solar control glass requires significant initial investments, especially to manufacture coated solar control glass with high-quality coating materials that are sustainable and comply with EPA regulations. Vendors also need to make significant investments in R&D to develop products and coatings to remain competitive in the market.
- The high capital investments and R&D costs are posing a challenge for vendors and restring the growth of the market in terms of profitability.
This coated solar control glass market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.
Coated Solar Control Glass Market Value Chain Analysis
Our In-house experts produce extensive information on the value chain and parent market of the coated solar control glass market, which vendors can leverage to gain a competitive advantage during the forecast period. The Value Chain information provides an end-to-end understanding of product insight and profit and also optimization and evaluation of business strategies. The players across the value chain include selective data and analysis from entire research findings as per the scope of the report.
Which are the Key Regions for Coated Solar Control Glass Market?
Get a glance at the market share of various regions by Requesting a PDF Sample now!
37% of the market’s growth will originate from Europe during the forecast period. Germany, France, and Italy are the key markets for coated solar control glass in Europe. Market growth in this region will be faster than the growth of the market in the North American regions.
Europe holds the largest revenue share of the global coated solar control glass market and is expected to grow at a steady rate during the forecast period. European countries, especially Western European countries, are considered some of the major adopters of advanced technologies globally. Therefore, the demand for advanced materials for the construction of residential and commercial buildings in these countries is high. Germany, Switzerland, the Netherlands, the UK, and France are the major contributors to the market in Europe. This will facilitate the coated solar control glass market growth in Europe over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
What is the Fastest-Growin Application Segment in the Coated Solar Control Glass Market?
To gain insights on the market contribution of various segments Request a PDF Sample
The coated solar control glass market share growth by the commercial segment will be significant during the forecast period. The commercial segment accounts for the largest revenue share of the global coated solar control glass market. The large share is attributed to the rising need for energy efficiency among organizations and commercial firms. Heating, ventilation, air-conditioning (HVAC) and lighting systems account for most of the energy consumption in commercial buildings. Therefore, it is crucial for commercial building owners to develop surrounding environments that consume less heat from the outer environment and comply with EPA regulations. The demand for coated solar control glass is also driven by an increase in the number of office spaces across the globe. The emergence of multinational companies has led to a rise in the number of employees and office spaces globally.
This report provides an accurate prediction of the contribution of all the segments to the growth of the coated solar control glass market size and actionable market insights on the post-COVID-19 impact on each segment.
|
Coated Solar Control Glass Market Scope |
|
|
Report Coverage |
Details |
|
Page number |
120 |
|
Base year |
2020 |
|
Forecast period |
2021-2025 |
|
Growth momentum & CAGR |
Accelerate at a CAGR of 10% |
|
Market growth 2021-2025 |
USD 3.95 billion |
|
Market structure |
Fragmented |
|
YoY growth (%) |
9.53 |
|
Regional analysis |
Europe, North America, APAC, MEA, and South America |
|
Performing market contribution |
Europe at 37% |
|
Key countries |
US, China, Germany, France, Italy, and India |
|
Competitive landscape |
Leading companies, Competitive Strategies, Consumer engagement scope |
|
Key companies profiled |
AGC Inc., arcon Flachglas-Veredlung GmbH & Co. KG, Central Glass Co. Ltd., Compagnie de Saint-Gobain SA, Corning Inc., Euroglas GmbH, Koch Industries Inc., Nippon Sheet Glass Co. Ltd., PPG Industries Inc., and Xinyi Solar Holdings Ltd. |
|
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period |
|
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
What are the Key Data Covered in this Coated Solar Control Glass Market Report?
- CAGR of the market during the forecast period
- Detailed information on factors that will drive coated solar control glass market growth during the next five years
- Precise estimation of the coated solar control glass market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behaviour
- The growth of the coated solar control glass market industry across Europe, North America, APAC, MEA, and South America
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive analysis of factors that will challenge the growth of coated solar control glass market vendors
We can help! Our analysts can customize this report to meet your requirements. Get in touch