Solar control glass is a value added glass with special coatings that reduce the amount of heat entering into buildings and reflects a major portion of sunlight, thereby making the indoor space cooler and brighter. The increasing use of glass in modern buildings and increasing awareness of people’s comfort have resulted in a more dynamic usage of solar control glass in the building and automotive market.
Solar control glass is widely used in the commercial and residential buildings. However, the increasing awareness regarding climatic changes and advances in technology has forced manufacturers to come up with other applications for solar control glass. These applications include conservatories, glass walkways, skylights, and atria.
The tremendous growth in the BIPV market is expected to create opportunities in the solar control glass market, owing to the surging awareness toward carbon emission globally. One of the important drivers influencing the growth of the solar PV market is subsidies by various governments, such as FIT programs, investment tax credit, and other tax benefit schemes. Globally, the governments are supporting the development of solar PV technology by encouraging the usage of PPA. These instruments are designed to encourage investment in technologies related to renewable energy generation.
North America accounted for second largest share in the global solar control glass market. The major reasons behind the growth of the solar control glass market in the region include increasing demand for eco-friendly and energy efficient buildings, and good economic return. The distinct governments in North America are focusing towards the development of alternative energy sources, which are renewable and sustainable. Among the North American, the U.S. is the major revenue contributor to the North American solar control glass market. The increasing compliance for environmental sustainability in the region is supporting the growth of the North American solar control glass market. The U.S. Government has initiated several incentives programs to boost the adoption of green buildings, thus leading to increased demand for solar control glass.
Some of the major players operating in the global solar control glass market include Saint-Gobain S.A., Asahi Glass Co. Ltd., Nippon Sheet Glass Co. Ltd., Guardian Industries, Taiwan Glass Group, Trakya Cam Sanayii A.Ş.