The global Solar Control Glass Market size is predicted to reach USD 10.68 Billion by 2026, exhibiting a CAGR of 9.5% during the forecast period. The rising utilization of solar control glass with Low E thermal insulation for optimal temperature will have a positive impact on the solar control glass market revenue during the forecast period.
Moreover, the increasing technological advancement in automotive will create lucrative business opportunities for the market in the forthcoming years. Besides, the surge in the construction industry and renovation of existing residential buildings will consequently boost the solar control glass market trends, 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.
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Launch of New Virtual Reality App by AIS to Back Market
AIS, a leader and supplier of Glass for auto & architectural purposes in India announced that it has launched an app. The new Virtual Reality app will assist in choosing the right glass for your area from the comfort of your home. AIS World of Shades enables to select the apt glass solution for every architectural glass requirement. The launch of the trailblazing Virtual Reality app will promote the market share of solar control glass in the forthcoming years due to its visualization capabilities for any kind of space with different colors of solar control and heat-reflective glass range from AIS. Moreover, the Virtual Reality app also offers AIS Décor range of lacquered glass that is apt for a range of contemporary interior applications. In addition, the 360-degree mobile mode view provides a clearer picture of the space around to make a suitable choice for the need.
Furthermore, the increasing launch of innovative glass range by major companies and the rising technological advancement in solar control will enhance the global solar control glass market growth in the forthcoming years. For instance, Asahi India Glass Ltd announced to expand its existing portfolio in the architectural glass segment with the launch of a new shade range of glass under the name SunShield. The cutting-edge glass has the away to transform living spaces and elevate lifestyle with its advanced solar control technology while also enhancing the energy efficiency of residential and commercial space.
Moreover, the Royal Gold glass by AIS is accessible in various thickness options, and perfect for a wide range of architectural and aesthetic applications. Asahi India Glass Limited, COO (Architectural Glass), Sanjay Ganjoo, said in a statement, “AIS SunShield Royal Gold is specially designed to make exteriors look rich and vibrant. The new SunShield Royal Gold is the latest offering in its segment available for our customers. Gold is the color of success, luxury and triumph. Now, people can add a touch of these to their residential and commercial spaces with AIS SunShield Royal Gold.”
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Bourgeoning Construction Industry to Foster Growth in Asia Pacific
The market in Asia Pacific stood at USD 626.2 million in 2018 and is expected to grow rapidly during the forecast period owing to the booming construction industry. The rising investment in infrastructure by countries such as India and China will augur well for the market. The increasing government regulations on building materials will influence positively to the growth of the market. The rising government initiatives for energy saving projects including solar control glass will aid market expansion in the North America. In addition, the rising awareness among the people will also contribute growth in North America.
List of the Key Companies Operating in the Solar Control Glass Market are:
- Asahi Glass Company
- Saint Gobain
- Xinyi Auto
- CSG Architectural
- Central Glass
- Asahi India Glass
- Other Players
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