Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 7.46 Billion | USD 23.90 Billion | 11.3% | 2024 |
The global solar control glass market size was worth around USD 7.46 Billion in 2024 and is predicted to grow to around USD 23.90 Billion by 2034 with a compound annual growth rate (CAGR) of roughly 11.3% between 2025 and 2034.
The report analyzes the global solar control glass market's drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the solar control glass industry.
A metal oxide coating is applied to the inner face of the exterior pane of glass in solar control glass, which comes in double or triple-glazing options. One of the simplest methods to incorporate sun control into any glass structure especially a structural glass unit is to use this coating. This coating's purpose is to deflect solar radiation while letting light and vision pass through the glass. It is only applicable to double or triple-glazed units; it cannot be used on single glass panes. By decreasing the quantity of short-wave radiation passing through the glass unit, the metal oxide coating lowers the elevated temperatures within.
Growing green building practices drive market growth
Over the anticipated period, the global solar control glass market is expected to rise at a significant rate due to the increasing use of green building techniques worldwide. Low carbon emissions and environmental sustainability characterize green buildings. Because solar control glass performs the same purpose as green glass, it may be used to construct sustainable buildings that will increase sustainability. The 2021 World Green Construction Trends study projects an increase in green construction activities during the ensuing three years. By 2024, 42% of survey participants intend to have built more than 60% of their projects with green techniques, compared to 28% who said they were already employing green construction methods in more than 60% of their projects.
High initial costs and technical challenges hamper the market growth
When it comes to the initial price of installation, solar control glass might be more expensive than regular glass. Some consumers may be discouraged by this upfront cost, particularly in areas where financial factors are important in making decisions. Furthermore, some technological obstacles, such as preserving coatings' longevity and optical clarity over time, may act as a constraint. The durability of coatings and their ability to function well in a range of environmental circumstances is essential for solar control glass's long-term viability. Thus, the high initial cost and technical challenge are expected to hamper the solar control glass industry growth.
The growing expansion of the product line by key players offers a lucrative opportunity for market growth
The growing expansion of the product line by the key players is expected to offer a lucrative opportunity for solar control glass market growth during the projected timeframe. In June 2023, as demand for enhanced-neutrality solar control glazing increases, AGC is broadening its selection of solar control glass products. In response, AGC Glass Europe has released three new Stopray products that emphasize providing high selectivity, a color-neutral appearance, and low reflection. Climate change is causing longer and more frequent periods of heat, and customers are demanding higher levels of light transmission to better utilize natural daylight.
Competition from alternative technologies poses a major challenge to market growth
Traditional solar control glass is being replaced by other technologies like dynamic glazing and smart windows. The market for solar control glass may be impacted by these technologies, which can dynamically modify transparency based on external factors. Thus, posing a major challenge to the market growth.
The global Solar Control Glass industry is segmented based on the glass type, nature, coating method, application, and region.
Based on the glass type, the global market is bifurcated into float glass, heat strengthened glass, laminated glass, tempered glass, and others. The tempered glass segment is expected to hold the largest market share over the forecast period. Because of its safety qualities, tempered glass is frequently chosen in architectural and construction applications. Tempered glass reduces the chance of harm by shattering into tiny, spherical pieces rather than sharp shards. This safety factor is particularly crucial in regions where there is a risk of human impact or extreme weather. In addition, tempered glass and sun control measures work together to improve a building's overall energy efficiency. Energy savings may result from lowering the quantity of solar heat that enters a building thereby decreasing the need for cooling equipment. Thus, this is expected to drive the segment expansion.
Based on nature, the global solar control glass industry is bifurcated into electrochromic, gasochromic, and photochromic. The photochromic segment is expected to capture a significant market share over the forecast period. Photochromic glass adjusts to light changes by getting black in the presence of sunshine and becoming transparent again in the absence of light. This dynamic characteristic makes it possible to effectively regulate the amount of heat and visible light that enters a structure. Moreover, by controlling glare and preserving a more constant interior atmosphere, photochromic glass enhances occupant comfort. Creating a cozy and attractive environment can improve the well-being of building residents. These properties of photochromic glass drive the market growth.
Based on the coating method, the global market is bifurcated into hard coated and soft coated. The hard coated segment is expected to capture the largest market share over the forecast period. The growth of the segment is attributed to the applications in various climates. Hard-coated solar control glass may be used in a variety of climates, even in areas with severe weather. Because it protects against environmental elements, the coating is an effective choice for both commercial and residential applications.
Based on the application, the global solar control glass industry is bifurcated into automotive, residential, and commercial. The automotive segment is expected to grow at the fastest rate over the forecast period. In automobile applications, solar control glass is made to reduce solar glare, improving sight for both drivers and passengers. Furthermore, it frequently has UV-blocking qualities to shield occupants from dangerous UV rays. Additionally, the growing sales of passenger vehicle across the globe is expected to propel the market expansion over the forecast period. For instance, according to the Society of Indian Automobile Manufacturers, the total number of passenger vehicles sold rose from 30,69,523 to 38,90,114. In comparison to the prior year, sales of passenger cars grew from 14,67,039 to 17,47,376, utility vehicles from 14,89,219 to 20,03,718, and vans from 1,13,265 to 1,39,020 units in FY-2022–2023.
Report Attributes | Report Details |
---|---|
Report Name | Solar Control Glass Market |
Market Size in 2024 | USD 7.46 Billion |
Market Forecast in 2034 | USD 23.90 Billion |
Growth Rate | CAGR of 11.3% |
Number of Pages | 226 |
Key Companies Covered | Asahi Glass Company, Central Glass, Corning, CSG Architectural, Cardinal Glass Industries Inc, Euroglas GmbH, Guardian Industries, NSG, Saint Gobain, Schott, Sisecam, Xinyi Auto, and others., and others. |
Segments Covered | By Type, By Coating Type, By Application, By End-user, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, The Middle East and Africa (MEA) |
Base Year | 2024 |
Historical Year | 2020 to 2023 |
Forecast Year | 2025 - 2034 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Europe is expected to hold the largest market share over the forecast period
Europe is expected to hold the largest solar control glass market share over the forecast period because solar control glass is increasingly being used in a variety of settings, including local businesses and residences. Additionally, the relevance of CO2 emission reduction is increasing, which supports the expansion of the coated solar control glass market in this area. For instance, with the adoption of the European Climate Law in June 2021, the EU set a goal to achieve net zero greenhouse gas emissions (GHG) by the year 2050. The law has an intermediate goal of lowering GHG emissions from 1990 levels by at least 55% by 2030. The European Commission has proposed a series of policies known as the "Fit for 55" package to meet this 55% reduction goal. These proposals need to be mutually agreed upon by the European Parliament and the Council to be implemented.
Besides, the Asia Pacific is expected to grow at the highest CAGR during the forecast period due to the increase in both residential and commercial construction as well as the region's shifting climate. Additionally, as infrastructure is developed more, the need for coated solar control glass in this area will rise even more.
The report provides a company market share analysis to give a broader overview of the key market players. In addition, the report also covers key strategic developments of the market, including acquisitions & mergers, new product launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the solar control glass market on a global and regional basis.
The global solar control glass market is dominated by players like:
By Type
By Coating Type
By Application
By End-user
By Region
FrequentlyAsked Questions
The global solar control glass market is expected to grow due to Rising demand for energy-efficient buildings and temperature regulation drives adoption. Green building codes and smart glass innovations further support the market.
According to a study, the global solar control glass market size was worth around USD 7.46 Billion in 2024 and is expected to reach USD 23.90 Billion by 2034.
The global solar control glass market is expected to grow at a CAGR of 11.3% during the forecast period.
Asia-Pacific is expected to dominate the solar control glass market over the forecast period.
Leading players in the global solar control glass market include Asahi Glass Company, Central Glass, Corning, CSG Architectural, Cardinal Glass Industries Inc, Euroglas GmbH, Guardian Industries, NSG, Saint Gobain, Schott, Sisecam, Xinyi Auto, and others., among others.
The report explores crucial aspects of the solar control glass market, including a detailed discussion of existing growth factors and restraints, while also examining future growth opportunities and challenges that impact the market.
HappyClients
Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651
3rd Floor,
Mrunal Paradise, Opp Maharaja Hotel,
Pimple Gurav, Pune 411061,
Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008
US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com
We have secured system to process your transaction.
Our support available to help you 24 hours a day, five days a week.
Monday - Friday: 9AM - 6PM
Saturday - Sunday: Closed