Coated Solar Control Glass Market – Global Forecast and Opportunity Assessment by Technavio

LONDON–(BUSINESS WIRE)–#Research–According to the latest market study released by Technavio,
the global
coated solar control glass market is expected to grow at a CAGR
of more than 6% by 2021.

This research report titled ‘Global
Coated Solar Control Glass Market 2017-2021’ provides an
in-depth analysis of the market in terms of revenue and emerging market
trends. This market research report also includes up to date analysis
and forecasts for various market segments and all geographical regions.

Solar control glass is designed and developed to prevent excess heat
and glare caused by the sun from entering indoors, without compromising
on the brightness of the light. It is coated with a microscopically thin
layer of special solar control coating, using the magnetron sputtering
technology. Solar control glass is available in both colored or mirrored
and transparent form.

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Technavio’s analysts categorize the global coated solar control glass
market into five major segments by the application. They are:

• Commercial building
• Residential building
• Automotive
• Solar application
• Others

The top three segments based on the application for the global coated
solar control glass market are discussed below:

Global coated solar control glass market in commercial building

Anti-reflective coatings increase the amount of usable solar energy with
high-quality products that are used in solar technologies and are aimed
at converting solar energy into electricity. This will drive the global
coated solar control glass market in commercial buildings.

According to Hitesh Bhatia, a lead metals
and minerals research analyst from Technavio, “The ongoing
commercial and industrial development and the increasing disposable
income levels will make coated solar control glass more affordable for
commercial constructions, which conserve a huge amount of energy and
reduce greenhouse emissions.”

Global coated solar control glass market in residential building

The rising income level of the middle-class population due to rapid
urbanization, especially in developing countries such as China and
India, will propel the demand for residential buildings. The incremental
cost of installing coated solar control glass is relatively low as
compared with normal glass, which is traditionally used in buildings.

“Coated solar control glass is used for reducing the amount of heat
entering the building. This type of glass helps in reflecting and
absorbing both light and heat. The need for artificial light is
minimized which saves electricity, making these glasses more
energy-efficient,” says Hitesh.

Global coated solar control glass market in automotive

The rising demand for the comfort of passengers in vehicles and the
awareness of climate change have propelled the use of solar glass in the
automotive segment. In addition, the new and improved choice of solar
control glazing, mainly in the rear windows of luxury cars, and the
different colors of infrared windscreens will create a huge demand for
solar control glass in the automotive segment.

Coated solar control glass provides electric and hybrid electric
vehicles with several benefits such as, allowing decreased amount of
sunlight inside the car and reducing the use of air conditioning. This
saves energy and reduces the load on the vehicle’s air conditioning
system by keeping the cabin temperature stable.

The top vendors highlighted by Technavio’s research analysts in this
report are:

• ASAHI GLASS
• Euroglas
• Guardian Industries
• Nippon Sheet Glass
• Saint-Gobain

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About Technavio

Technavio
is a leading global technology research and advisory company. The
company develops over 2000 pieces of research every year, covering more
than 500 technologies across 80 countries. Technavio has about 300
analysts globally who specialize in customized consulting and business
research assignments across the latest leading edge technologies.

Technavio analysts employ primary as well as secondary research
techniques to ascertain the size and vendor landscape in a range of
markets. Analysts obtain information using a combination of bottom-up
and top-down approaches, besides using in-house market modeling tools
and proprietary databases. They corroborate this data with the data
obtained from various market participants and stakeholders across the
value chain, including vendors, service providers, distributors,
re-sellers, and end-users.

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