Coated Solar Control Glass Market By Type (Low-Emissivity (Low-E) Glass, Reflective Coated Glass) , By Coating Method (Pyrolytic, Sputtered) By Application (Residential Buildings, Commercial Buildings, Automotive) : Global Opportunity Analysis and Industry Forecast, 2024-2032
Coated Solar Control Glass Market
The coated solar control glass market was valued at $5.3 billion in 2023 and is projected to reach $13.1 billion by 2032, growing at a CAGR of 10.5% from 2024 to 2032.
A coated solar control glass is a type of glass glazed with double or triple layers of metal oxide on its internal surface. The coated metal oxide exhibits remarkable optical properties which enable the blocking of radiant heat energy of the sun. The major benefits of installing coated solar control glasses include enhanced comfort for occupants, UV protection, glare reduction, and improved energy efficiency.
Increase in sustainability initiatives in infrastructure development has boosted the adoption of coated solar control glass, augmenting the growth of the market. In addition, rise in awareness regarding the harmful effects of the sun’s UV radiation is a key driver of the coated solar control glass market. Furthermore, the glass is observing a surge in adoption due to its aesthetic appeal, propelling the market development. To enhance the applicability of the glass, development of sturdy, ultrathin coated solar control glass is trending in the market. This type of glass exhibits high flexibility and improved light transmission, presenting the possibility of its utility in applications beyond buildings and infrastructure.
However, the high cost of coated solar control glass as compared to traditional glasses hampers the growth of the market. Furthermore, complex installation process of the glass requires significantly skilled technicians, lack of which hinders the development of the market. On the contrary, as contractors and developers are striving to reduce energy consumption of their constructed buildings to comply with the Green Building Initiatives, the coated solar control glass market is anticipated to witness several lucrative opportunities in the future. According to the International Energy Agency, buildings account for approximately 30% of total energy consumption. Therefore, the installation of coated solar control glass is a remarkable step to enhance the energy efficiency of buildings as the reflective capabilities of the glass keep buildings cool in summers and warm in winters.
Segment ReviewThe coated solar control glass market is segmented into type, coating method, application, and region. On the basis of type, the market is bifurcated into low-emissivity (low-E) glass and reflective coated glass. Depending on coating method, it is divided into pyrolytic and sputtered. By application, it is classified into residential buildings, commercial buildings, and automotive. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key FindingsOn the basis of type, the low-emissivity (low-E) glass segment is expected to hold a high market share during the forecast period.
Depending on coating method, the sputtered segment is projected to dominate the market by 2032.
By application, the commercial buildings segment is anticipated to account for a high market share during the forecast period.Region wise, Asia-Pacific is predicted to be the highest revenue generator by 2032.
Competition AnalysisThe leading players operating in the global coated solar control glass market include Guardian Industries Holdings, AGC Glass Europe, Saint-Gobain, Nippon Sheet Glass Co., Ltd, Vitro, Xinyi Glass Holdings Limited, CARDINAL GLASS INDUSTRIES, INC, Euroglas GmbH, Jinjing (Group) Co., Ltd., and Sisecam. These major players have adopted various key development strategies such as business expansion, new product launches, and partnerships to strengthen their foothold in the competitive market.
Key Market SegmentsBy TypeLow-Emissivity (Low-E) Glass
Reflective Coated Glass
By Coating MethodPyrolytic
Sputtered
By ApplicationResidential Buildings
Commercial Buildings
Automotive
By RegionNorth America
U.S.
Canada
Mexico
Europe
France
Germany
Italy
Spain
UK
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Australia
Thailand
Rest of Asia-Pacific
LAMEA
Brazil
South Africa
Saudi Arabia
Rest of LAMEA
Key Market PlayersGuardian Industries Holdings
AGC Glass Europe
Saint-Gobain
Nippon Sheet Glass Co., Ltd
Vitro
Xinyi Glass Holdings Limited
CARDINAL GLASS INDUSTRIES, INC
Euroglas GmbH
Jinjing (Group) Co., Ltd.
Sisecam