"We Envision Growth Strategies Most Suited
to Your Business"

Solar Control Glass Market to Exhibit a CAGR of 9.5% by 2026; Agreement between Continental Building Products and Saint-Gobain to Support Growth

April 16, 2020 | Chemicals & Materials

The global solar control glass market size is expected to reach USD 10.68 billion by 2026. The rising focus on green construction owing to its advantages such as waste reduction, improved quality of design and use of non-toxic materials will contribute positively to the solar control glass market growth during the forecast period. Besides, the increasing utilization of renewable energy will enable speedy growth of the market in the forthcoming years, mentioned in a report, titled “Solar Control Glass Market Size, Share & Industry Analysis, By Application (Residential Buildings, Commercial Buildings, and Automotive), and Regional Forecast, 2019-2026” the market size stood at USD 5.17 billion in 2018 and is predicted to exhibit a CAGR of 9.5% between 2019 to 2026.


Acquisition of HTMS by Saint-Gobain to Accelerate Growth


Saint-Gobain S.A, a French multinational corporation, headquartered in Paris announced that it has acquired High Tech Metal Seals (HTMS), a global leader in sealing solutions for industrial, energy and aerospace markets. The new development of Saint-Gobain S.A will give impetus to the solar control glass market trends owing to HTMS’ unique and differentiated niche in advanced metal sealing solutions. The acquisition will also help the company to expand its product offerings for critical applications, especially in aerospace. Moreover, the rising strategic acquisition and partnerships among key players will subsequently uplift the market share of solar control glass. For instance, Saint-Gobain announced that it has obtained shareholder approval to acquire Continental Building Products under the Hart-Scott-Rodino Act. The agreement between the companies will include all the outstanding shares of Continental Building Products for $37.00 per share, in cash, in a transaction valued at approximately $1.4 billion (approximately €1.3 billion). Moreover, the merger will help Saint-Gobain to expand its asset portfolio and improve its ability to offer wider range of customers. The integration will also strengthen the position of the Saint-Gobain, while boosting strong profitability.


To get a detailed report summary and research scope of this market, click here:


https://www.fortunebusinessinsights.com/industry-reports/solar-control-glass-market-101462


Rising Technological Advancement to Spur Growth Opportunities


The increasing emphasis regarding carbon emissions will promote healthy growth of the market. The high utilization of solar control glass in automobile owing to its propitious effects will enable speedy growth of the market during the forecast period. The rising technological advancement in solar control glazing will create growth opportunities for the market. Solar control glazing includes proportion of solar radiation getting transmitted through the glass, and proportion of solar radiation absorbed by glass material and re-exuded into the building. The growing application of solar control glazing in residential and commercial sectors will foster healthy growth of the market in the foreseeable future. For instance, installation of solar control glazing lessens the pressure on air conditioners and reduces carbon emissions, making it resourceful and efficient.


Adoption of Marketing Strategies by Key Players to Amplify Business Openings


The global market is primarily dominated by Saint Gobain, Asahi Glass, Corning, Schott, and Central Glass. Prominent players are focused on launching new products in order to gain a competitive edge over others. The emphasis on enhancing product portfolio will spur opportunities in the forthcoming years. In addition, key players are perpetually adopting various marketing strategies such as strategic acquisition and partnerships, product launch and others. The rising technological advancement will enable players to offer innovative products into the market, which, in turn, will augur well for the market.


The Report Lists the Eminent Players in the Solar Control Glass Market



  • Asahi Glass Company

  • Saint Gobain

  • NSG

  • Xinyi Auto

  • CSG Architectural

  • Corning

  • Central Glass

  • Schott

  • Sisecam

  • Asahi India Glass


Further Report Findings:



  • Regional Analysis:  The market size in Asia Pacific generated a revenue of USD 626.2 million in 2018. The growth is attributed the high investment in infrastructure development by government of emerging nations such as India and China. High adoption of solar control glass in commercial and residential applications will aid expansion in Europe.

  • Leading Segment: Commercial buildings are the expected to dominate the market in the forthcoming years owing to the rising industrialization in developing economies such as China and India. Automotive segment is predicted to witness high growth owing to the adoption of solar control glass in automobiles. 


The Solar Control Glass Market is Segmented into:





































 ATTRIBUTE



 DETAILS



Study Period



  2015-2026



Base Year



  2018



Forecast Period



 2019-2026



Historical Period



  2015-2017



Unit



  Value (USD Million) and Volume (Million Square Meters)



Segmentation



By Application



  • Residential Buildings

  • Commercial Buildings

  • Automotive



By Geography



  • North America (U.S., and Rest of North America)

  • Europe (Germany, UK, and Rest of Europe)

  • Asia Pacific (China, Japan, and Rest of Asia Pacific)

  • South America (Brazil, and Rest of South America)

  • Middle East & Africa


Solar Control Glass Market
  • PDF
  • 2018
  • 2015-2017
  • 80

    CHOOSE LICENSE TYPE

  • 4850
    5850
    6850

Our Clients

Honda
Pont Europe
Daesang
Siemens
Toyota
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.
X