14th February 2020 – According to new research study available with Million Insights, market
report on Solar Control Glass is foretold to provide a robust support
for industry players to lay a solid foundation for their business growth. It
includes a comprehensive evaluation of the market’s growth status and risk. In
addition, it provides detail market variables, trends, key opportunities, new
entrants & competitors.
Global Solar Control Glass Market is
anticipated to reach USD 8.88 billion by 2024. Solar control glass implies a
hi-tech product developed by the glass industry. It permits sunlight to pass
through a window while radiating and reflecting away a certain amount of sun's
heat. The factors that propel the growth of the solar control glass market
include growing construction of residential and non-residential buildings,
increased government initiatives and tax benefits, rising acceptance of solar
control glass in cars, increasing consciousness towards carbon emissions, and
high development in the building-integrated photovoltaic (BIPV) market.
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a Sample Copy of This Report @ https://www.millioninsights.com/industry-reports/solar-control-glass-market/request-sample
On the other hand, there are factors
that may hamper the growth of the market including high prices. Solar control
glass industry is anticipated to grow at a significant CAGR of 9.3% in the
upcoming period as the scope, product types, and its applications are
increasing across the globe.
Solar control glass market may be explored
by type, application, and geography. The market may be explored by type as
Absorbing Solar Control Glass and Reflective Solar Control Glass. The
“Reflective Solar Control Glass” segment led the solar control glass industry
in 2016 and is anticipated to maintain its dominance by 2024. The key factors
that may be attributed to the growth of market include increasing concerns
about high air conditioning costs and surge in a number of commercial
buildings.
The key applications that could be
explored in the solar control glass market include Residential buildings,
Commercial buildings, and Automotive. The “Commercial Buildings” segment led
the solar control glass industry in 2016 and is anticipated to maintain its
dominance by 2024. The key factors that could be attributed to the growth of
market include surge in the direct commercial real estate investment in key
countries such as New York, London, China, and Japan, increasing energy
efficient schemes, and government protocols promoting energy competent buildings.
EMEA accounted for the major market
share of the solar control glass in 2016 and will continue to lead in the
forecast period. The factors that could be attributed to the growth include
stringent regulations towards fighting climatic changes, growing construction
projects, robust growth of the automotive industry in Germany, and rising
demand for commercial buildings.
Some of the key players that fuel the
growth of the solar control glass industry comprise PPG Industries Inc., AGC
Glass Europe, Nippon Sheet Glass (Pilkington), Guardian Glass, CSG
Architectural Glass, Saint Gobain, Asahi India Glass, Sisecam Flat Glass,
ArconFlachglas-Veredlung GmbH & Co. KG, Euroglas GmbH, and Cardinal Glass
Industries. The leading companies are taking up partnerships, mergers and
acquisitions, and joint ventures in order to boost the inorganic growth of the
industry.
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strive to understand diverse client requirements and cater to the same with the
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