Global Solar Control Glass Market – Analysis and Forecast (2023–2030)

Industry Insights by Product (Absorbing Solar Control Glass, and Reflective Solar Control Glass), by Thickness (<3mm, 3-5mm, and >5mm), by Application (Commercial Buildings, Residential Buildings, and Automotive)

Industry Overview

The global solar control glass market was valued at USD 6,401.3 million in 2022 and is expected to grow at a CAGR of 9.0% during the forecast period 2023–2030. The incremental development of both commercials, as well as residential buildings and a tremendous rise in the BIPV market (Building Integrated Photovoltaic), are major factors contributing towards the growth of the solar control glass market globally.

Solar control glass is excessively being used for reducing the gain of solar heat and helps in dispersing a huge amount of natural light enabling a comfortable and pleasant stay for individuals.

Market Segmentation

Insight by Product

Based on the product, the global solar control glass market is categorized into absorbing solar control glass, and reflective solar control glass. Among these two, the reflective solar control glass category accounts for the larger market share of more than 55.0% in 2018 in the global market owing to the increasing demand from construction and automotive industries.

Insight by Thickness

Based on thickness, the global solar control glass market is segmented into <3mm, 3-5mm, and >5mm. Of all, the 3-5mm thickness category is expected to witness the fastest growth during the forecast period.

Insight by Application

On the basis of application, the solar control glass market is segmented into commercial buildings, residential buildings, and automotive. In 2018, among all these applications commercial building segment is projected to occupy the largest share of the global solar control glass market. These glasses help in decreasing the requirement for costly obtrusive blind windows and air-conditioners. Moreover, solar control glasses reflect an infrared (IR) component that eliminates the huge amount of heat entering buildings, as a result, it helps in reducing unpleasant glare. However, it enables efficient transmission of natural sunlight into the interior of the buildings.

Industry Dynamics

Growth Drivers

The increasing tax benefits and government initiatives are the major factors driving the growth of the global solar control glass market. The various subsidies provided by government agencies in regions of Europe and Asia-Pacific are the key reforms for strengthening this market.

The various aids provided by government organizations include investment tax credits, FIT programs, and other tax assistance reforms. For instance, in India, it has been observed that the government has introduced several developmental reforms for the upgradation and upliftment of the solar glass market. The regulation for providing tax relief to construction developers and aiding 100% FDI (foreign direct investment) for infrastructural development are a few such instances that portray the growth of the global solar control glass market in the Asia-Pacific region.

Furthermore, the increasing growth of the BIPV market is further strengthening the global market base for the solar control glass market. BIPV is extensively being used for developing new buildings for the purpose of providing electrical power to several areas, in spite of constructing traditional building constructions. Additionally, the marginal cost involved with the advancement and innovation of BIPV offerings such as insulated BIPV windows, and colored and transparent windows is further expected to impact the solar control glass market in a highly positive manner in the near future.

Challenges

The increased number of cases witnessing seasonal fluctuations in solar power availability is the major factor hindering the growth of the global solar control glass market. For instance, the setting up of solar control glasses in a cool climate is not a viable option as it can reduce the requirement of crucial solar heat in the building. These glasses are not considered to be an economical alternative in cold climates and can increase unwarranted electricity bills in that season. Moreover, the high cost of setting up these glasses as compared to normal glass is hindering the growth of the global solar control glass market.

Industry Ecosystem

Globally industry players in the global solar control glass market are employing besieged investments in optimizing manufacturing processes and investing in improved and upgraded technology. The key players are seeking opportunities for enhancing plant-wide upgradation specifically in global markets. The users of these offerings observed enhanced security, reliability, and secure remote at affordable prices.

Geographic Overview

Asia-Pacific is expected to witness the fastest growth in the global solar control glass market. The large population, increasing disposable income, and swelling construction industry in this region are the major factors contributing to the growth of the solar control glass market. Moreover, technological upgradation, supportive government regulations, and increasing demand for the BIPV market in the region are further accelerating the growth of solar control glass in Asia-Pacific.

Competitive Insight

Market players in the solar control glass market are constantly upgrading and enhancing their technological efficiency in order to provide the best offerings to their customers. Some of the key players operating in the global solar control glass market are Saint-Gobain S.A., Asahi Glass Co. Ltd., Nippon Sheet Glass Co. Ltd., Guardian Industries, Taiwan Glass Group, Trakya Cam Sanayii A., PPG Industries Inc., CSG Holding Limited, Arcon Flachglas-Veredlung GmbH & Co. KG, and Cardinal Glass Industries, Inc.

PRIMARY RESEARCH INTERVIEWS – BREAKDOWN

1.       Research Overview

1.1.    The Report Offers

1.2.    Market Coverage

1.2.1.By Product

1.2.2.By Thickness

1.2.3.By Application

1.2.4.By Region

1.3.    Research Phases

1.4.    Limitations

1.5.    Market Size Estimations and Forecast

1.5.1.Data Sources

1.5.1.1. Primary Research

1.5.1.2. Secondary Research

1.5.2.Methodology

1.5.2.1. Data Exploration

1.5.2.2. Forecast Parameters

1.5.2.3. Data Validation

1.5.2.4. Assumptions

1.5.3.Study Period & Data Reporting Unit

2.       Executive Summary

3.       Market Definition

3.1.    By Product

3.1.1.Absorbing Solar Control Glass

3.1.2.Reflective Solar Control Glass

3.2.    By Thickness

3.2.1.<3 mm

3.2.2.3–5 mm

3.2.3.>5 mm

3.3.    By Application

3.3.1.Commercial Buildings

3.3.2.Residential Buildings

3.3.3.Automotive

4.       Industry Overview

4.1.    Industry Dynamics

4.1.1.Market Growth Drivers

4.1.2.Market Growth Restraints

4.1.3.Key Market Trends

4.1.4.Major Opportunities

4.2.    Industry Ecosystem

4.2.1.Porter’s Five Forces Analysis

4.2.2.Strategic Development Analysis

4.2.3.Value Chain Analysis

4.3.    Competitive Insight

4.3.1.Market Share Analysis of Key Players

4.3.2.Competitive Position of Industry Players

4.3.3.Market Attractive Analysis

5.       Global Market Estimate and Forecast

5.1.    By Product

5.2.    By Thickness

5.3.    By Application

5.4.    By Region – North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa

6.       North America Market Estimate and Forecast

6.1.    By Product

6.2.    By Thickness

6.3.    By Application

6.4.    By Country – U.S., and Canada

7.       Europe Market Estimate and Forecast

7.1.    By Product

7.2.    By Thickness

7.3.    By Application

7.4.    By Country – Germany, U.K., France, Italy, Spain, and Rest of Europe

8.       Asia-Pacific Market Estimate and Forecast

8.1.    By Product

8.2.    By Thickness

8.3.    By Application

8.4.    By Country – Japan, China, India, Australia, South Korea, and Rest of APAC

9.       Latin America Market Estimate and Forecast

9.1.    By Product

9.2.    By Thickness

9.3.    By Application

9.4.    By Country – Brazil, Mexico, and Rest of LATAM

10.   MEA Market Estimate and Forecast

10.1. By Product

10.2. By Thickness

10.3. By Application

10.4. By Country – Saudi Arabia, U.A.E., South Africa, and Rest of MEA

11.   Company Profiles

11.1. Saint-Gobain S.A.

11.1.1.    Snapshot

11.1.2.    Overview

11.1.3.    Offerings

11.1.4.    Financial Insight

11.1.5.    Recent Developments

11.2. Asahi Glass Co. Ltd.

11.2.1.    Snapshot

11.2.2.    Overview

11.2.3.    Offerings

11.2.4.    Financial Insight

11.2.5.    Recent Developments

11.3. Nippon Sheet Glass Co. Ltd.

11.3.1.    Snapshot

11.3.2.    Overview

11.3.3.    Offerings

11.3.4.    Financial Insight

11.3.5.    Recent Developments

11.4. Guardian Industries

11.4.1.    Snapshot

11.4.2.    Overview

11.4.3.    Offerings

11.4.4.    Financial Insight

11.4.5.    Recent Developments

11.5. Taiwan Glass Group

11.5.1.    Snapshot

11.5.2.    Overview

11.5.3.    Offerings

11.5.4.    Financial Insight

11.5.5.    Recent Developments

11.6. Trakya Cam Sanayii A.

11.6.1.    Snapshot

11.6.2.    Overview

11.6.3.    Offerings

11.6.4.    Financial Insight

11.6.5.    Recent Developments

11.7. PPG Industries Inc.

11.7.1.    Snapshot

11.7.2.    Overview

11.7.3.    Offerings

11.7.4.    Financial Insight

11.7.5.    Recent Developments

11.8. CSG Holding Limited

11.8.1.    Snapshot

11.8.2.    Overview

11.8.3.    Offerings

11.8.4.    Financial Insight

11.8.5.    Recent Developments

11.9. Arcon Flachglas-Veredlung GmbH & Co. KG

11.9.1.    Snapshot

11.9.2.    Overview

11.9.3.    Offerings

11.9.4.    Financial Insight

11.9.5.    Recent Developments

11.10.     Cardinal Glass Industries, Inc.

11.10.1. Snapshot

11.10.2. Overview

11.10.3. Offerings

11.10.4. Financial Insight

11.10.5. Recent Developments

Note: Financial insight and recent developments are subject to availability of information in secondary domain.

12.   Appendix

12.1. Exchange Rates

12.2. Abbreviations

List of Tables

Table 1 Sources
Table 2 Study Periods
Table 3 Data Reporting Unit
Table 4 Global Solar Control Glass Market Size, by Product, 2018 – 2022  (USD Billion)
Table 5 Global Solar Control Glass Market Size, by Product, 2023 – 2030  (USD Billion)
Table 6 Global Solar Control Glass Market Size, by Thickness, 2018 – 2022  (USD Billion)
Table 7 Global Solar Control Glass Market Size, by Thickness, 2023 – 2030  (USD Billion)
Table 8 Global Solar Control Glass Market Size, by Application, 2018 – 2022  (USD Billion)
Table 9 Global Solar Control Glass Market Size, by Application, 2023 – 2030  (USD Billion)
Table 10 Global Solar Control Glass Market Size, by Region, 2018 – 2022  (USD Billion)
Table 11 Global Solar Control Glass Market Size, by Region, 2023 – 2030  (USD Billion)
Table 12 North America Solar Control Glass Market Size, by Product, 2018 – 2022  (USD Billion)
Table 13 North America Solar Control Glass Market Size, by Product, 2023 – 2030  (USD Billion)
Table 14 North America Solar Control Glass Market Size, by Thickness, 2018 – 2022  (USD Billion)
Table 15 North America Solar Control Glass Market Size, by Thickness, 2023 – 2030  (USD Billion)
Table 16 North America Solar Control Glass Market Size, by Application, 2018 – 2022  (USD Billion)
Table 17 North America Solar Control Glass Market Size, by Application, 2023 – 2030  (USD Billion)
Table 18 North America Solar Control Glass Market Size, by Country, 2018 – 2022  (USD Billion)
Table 19 North America Solar Control Glass Market Size, by Country, 2023 – 2030  (USD Billion)
Table 20 Europe Solar Control Glass Market Size, by Product, 2018 – 2022  (USD Billion)
Table 21 Europe Solar Control Glass Market Size, by Product, 2023 – 2030  (USD Billion)
Table 22 Europe Solar Control Glass Market Size, by Thickness, 2018 – 2022  (USD Billion)
Table 23 Europe Solar Control Glass Market Size, by Thickness, 2023 – 2030  (USD Billion)
Table 24 Europe Solar Control Glass Market Size, by Application, 2018 – 2022  (USD Billion)
Table 25 Europe Solar Control Glass Market Size, by Application, 2023 – 2030  (USD Billion)
Table 26 Europe Solar Control Glass Market Size, by Country, 2018 – 2022  (USD Billion)
Table 27 Europe Solar Control Glass Market Size, by Country, 2023 – 2030  (USD Billion)
Table 28 Asia-Pacific Solar Control Glass Market Size, by Product, 2018 – 2022  (USD Billion)
Table 29 Asia-Pacific Solar Control Glass Market Size, by Product, 2023 – 2030  (USD Billion)
Table 30 Asia-Pacific Solar Control Glass Market Size, by Thickness, 2018 – 2022  (USD Billion)
Table 31 Asia-Pacific Solar Control Glass Market Size, by Thickness, 2023 – 2030  (USD Billion)
Table 32 Asia-Pacific Solar Control Glass Market Size, by Application, 2018 – 2022  (USD Billion)
Table 33 Asia-Pacific Solar Control Glass Market Size, by Application, 2023 – 2030  (USD Billion)
Table 34 Asia-Pacific Solar Control Glass Market Size, by Country, 2018 – 2022  (USD Billion)
Table 35 Asia-Pacific Solar Control Glass Market Size, by Country, 2023 – 2030  (USD Billion)
Table 36 Latin America Solar Control Glass Market Size, by Product, 2018 – 2022  (USD Billion)
Table 37 Latin America Solar Control Glass Market Size, by Product, 2023 – 2030  (USD Billion)
Table 38 Latin America Solar Control Glass Market Size, by Thickness, 2018 – 2022  (USD Billion)
Table 39 Latin America Solar Control Glass Market Size, by Thickness, 2023 – 2030  (USD Billion)
Table 40 Latin America Solar Control Glass Market Size, by Application, 2018 – 2022  (USD Billion)
Table 41 Latin America Solar Control Glass Market Size, by Application, 2023 – 2030  (USD Billion)
Table 42 Latin America Solar Control Glass Market Size, by Country, 2018 – 2022  (USD Billion)
Table 43 Latin America Solar Control Glass Market Size, by Country, 2023 – 2030  (USD Billion)
Table 44 MEA Solar Control Glass Market Size, by Product, 2018 – 2022  (USD Billion)
Table 45 MEA Solar Control Glass Market Size, by Product, 2023 – 2030  (USD Billion)
Table 46 MEA Solar Control Glass Market Size, by Thickness, 2018 – 2022  (USD Billion)
Table 47 MEA Solar Control Glass Market Size, by Thickness, 2023 – 2030  (USD Billion)
Table 48 MEA Solar Control Glass Market Size, by Application, 2018 – 2022  (USD Billion)
Table 49 MEA Solar Control Glass Market Size, by Application, 2023 – 2030  (USD Billion)
Table 50 MEA Solar Control Glass Market Size, by Country, 2018 – 2022  (USD Billion)
Table 51 MEA Solar Control Glass Market Size, by Country, 2023 – 2030  (USD Billion)
Table 52 Snapshot – Saint-Gobain S.A., Asahi Glass Co. Ltd.
Table 53 Snapshot – Nippon Sheet Glass Co. Ltd.
Table 54 Snapshot – Guardian Industries
Table 55 Snapshot – Taiwan Glass Group
Table 56 Snapshot – Trakya Cam Sanayii A.?.
Table 57 Snapshot – PPG Industries Inc.
Table 58 Snapshot – CSG Holding Limited
Table 59 Snapshot – Arcon Flachglas-Veredlung GmbH & Co. KG
Table 60 Snapshot – Cardinal Glass Industries, Inc.

List of Figures

Figure 1     Market Coverage
Figure 2     Research Phases
Figure 3     Secondary Offerings for Different Parameters
Figure 4     Methodology
Figure 5     Data Mining & Exploration
Figure 6     Data Triangulation
Figure 7     Assumptions for Market Estimation and Forecast
Figure 8     Market Synopsis
Figure 9     Global Solar Control Glass Market - Growth Drivers and Restraints
Figure 10 Competitive Benchmark
Figure 11 Global Solar Control Glass Market Highlight
Figure 12 Global Solar Control Glass Market Size, by Product, 2018 – 2030 (USD Billion)
Figure 13 Global Solar Control Glass Market Size, by Thickness, 2018 – 2030 (USD Billion)
Figure 14 Global Solar Control Glass Market Size, by Application, 2018 – 2030 (USD Billion)
Figure 15 Global Solar Control Glass Market Size, by Region, 2018 – 2030 (USD Billion)
Figure 16 North America Solar Control Glass Market Highlight
Figure 17 North America Solar Control Glass Market Size, by Product, 2018 – 2030 (USD Billion)
Figure 18 North America Solar Control Glass Market Size, by Thickness, 2018 – 2030 (USD Billion)
Figure 19 North America Solar Control Glass Market Size, by Application, 2018 – 2030 (USD Billion)
Figure 20 North America Solar Control Glass Market Size, by Country, 2018 – 2030 (USD Billion)
Figure 21 Europe Solar Control Glass Market Highlight
Figure 22 Europe Solar Control Glass Market Size, by Product, 2018 – 2030 (USD Billion)
Figure 23 Europe Solar Control Glass Market Size, by Thickness, 2018 – 2030 (USD Billion)
Figure 24 Europe Solar Control Glass Market Size, by Application, 2018 – 2030 (USD Billion)
Figure 25 Europe Solar Control Glass Market Size, by Country, 2018 – 2030 (USD Billion)
Figure 26 Asia-Pacific Solar Control Glass Market Highlight
Figure 27 Asia-Pacific Solar Control Glass Market Size, by Product, 2018 – 2030 (USD Billion)
Figure 28 Asia-Pacific Solar Control Glass Market Size, by Thickness, 2018 – 2030 (USD Billion)
Figure 29 Asia-Pacific Solar Control Glass Market Size, by Application, 2018 – 2030 (USD Billion)
Figure 30 Asia-Pacific Solar Control Glass Market Size, by Country, 2018 – 2030 (USD Billion)
Figure 31 Latin America Solar Control Glass Market Highlight
Figure 32 Latin America Solar Control Glass Market Size, by Product, 2018 – 2030 (USD Billion)
Figure 33 Latin America Solar Control Glass Market Size, by Thickness, 2018 – 2030 (USD Billion)
Figure 34 Latin America Solar Control Glass Market Size, by Application, 2018 – 2030 (USD Billion)
Figure 35 Latin America Solar Control Glass Market Size, by Country, 2018 – 2030 (USD Billion)
Figure 36 MEA Solar Control Glass Market Highlight
Figure 37 MEA Solar Control Glass Market Size, by Product, 2018 – 2030 (USD Billion)
Figure 38 MEA Solar Control Glass Market Size, by Thickness, 2018 – 2030 (USD Billion)
Figure 39 MEA Solar Control Glass Market Size, by Application, 2018 – 2030 (USD Billion)
Figure 40 MEA Solar Control Glass Market Size, by Country, 2018 – 2030 (USD Billion)