Global Solar Glass Market was valued at US$ XX Bn in 2019, and is estimated to reach US$ XX Bn by 2027 growing at a CAGR of 33.77 % during forecast.
Global Solar Glass Market
Increasing demand for clean energy, due to growing awareness regarding global warming is in turn, increasing the demand for photovoltaic glass, thereby boosting growth of the market. Solar photovoltaic glass is being integrated into buildings in the form of windows, roof panels, and building panels. Solar glass helps reduce the carbon footprint, which helps maintain environmentally-friendly standards of clean energy. High cost of installation of solar energy equipment and availability of high quality solar photovoltaic glass is a restraining factor to market growth. Additionally, R&D and innovation is expected to result in the development of low-cost production of solar PV glass, in turn, reducing costs of such glass, thus is expected to gain more grip.
Anti-reflective coated type segment led the solar glass market in 2017. Anti-reflective coated glass is widely used in photovoltaic modules, owing to high power and energy output. Anti-reflective coating reduces reflection, thereby increases the amount of light absorbed by the solar cells. Transparent conductive oxide (TCO) coated glass optimizes light transmission into the solar modules. Tempered glass is strongest glass, application of such tough glass, makes solar glass strong enough to sustain environmental factors such as stormy and rainy weather.
Utility application segment held major share in the solar glass market followed by non-residential and residential market. Strong government initiatives to provide solar energy, is influencing growth of solar glass market. Increasing installations of utility-scale solar power plants across the globe. Demand for glass is rapidly increasing in the architectural sector. Solar glasses are used in both residential and non-residential applications.
Europe and Asia Pacific are key regional markets for solar glass. Europe is leading the solar glass market while China is foreseen to exhibit the highest growth rate during the forecast period. Favorable regulations in European countries including Italy, Spain and Belgium are expected to create demand for solar glass market. Favorable climatic conditions, lower charges and the increasing availability of solar glass manufacturers in China and India is expected to drive the growth of solar glass in the Asia-Pacific region.
The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding solar glass market dynamics, structure by identifying and analyzing the market segments and project the market size. Further, the report also focuses on a competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address questions of shareholders to prioritizing the efforts and investment in the near future to the emerging segment in solar glass market.
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Scope of the Global Solar Glass Market
Global Solar Glass Market, by Product:
• Anti-reflective Coated Glass
• Transparent Conductive Oxide (TCO) Coated Glass
• Tempered Glass
• Others
Global Solar Glass Market, by Application:
• Residential
o Building Panels
o Roof Panels
o Water Heaters
o Cookers
o Battery Chargers
o Others
• Non-residential
o Building Panels
o Roof Panels
o Solar Lasers
o Solar Vehicles
o Space Crafts and Space Stations
o Others
• Utility
Global Solar Glass Market, by Region:
• North America
• South America
• Asia Pacific
• Europe
• Middle East & Africa
Key Player analyzed in the Report:
• Almaden
• PPG Industries Inc.
• Guardian Glass
• Asahi India
• CSG Architectural Glass
• Arcon Flachglass Veredlung Gmbh Co. & KG
• Sisecam Flat Glass
• Cardinal Glass
• Euroglas GmbH
• Xinyi Solar
• AGC Solar
• Henan Huamei Cinda Industrial Co., Ltd.
• Borosil Glass Works Ltd.
• Hecker Glastechnik GmbH & Co. KG
• Saint-Gobain Solar
• Guangdong Golden Glass Technologies
• Nippon Sheet Glass Co., Ltd.
• Taiwan Glass Ind. Corp.
• Xinyi Solar Holdings Ltd.
• Emmvee Toughened Glass Private Limited
• Avic Sanxin Co., Ltd.
• Borosil Glass Works Ltd.
• Changzhou Almaden Co., Ltd.
• Dongguan Csg Solar Glass Co., Ltd
• F Solar Gmbh
• Flat Glass Co. Ltd.
• Guangfeng Solar Glass (Hong Kong) Co., Ltd.
• Guardian Glass
• Hecker Glastechnik Gmbh & Co. Kg
• Henan Huamei Cinda Industrial Co., Ltd
• Interfloat Corporation
• Jin Jing (Group) Co., Ltd.
• Nippon Sheet Glass Co. Ltd.
• Qingdao Migo Glass Co., Ltd.
• Shenzhen Topray Solar Co., Ltd.
• Sisecam Flat Glass
• Sunarc Technology A/S
• Thermosol Glass
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