Solar Reflective Glass Market By Type (Reflective, Absorptive), By Coating Method (Hard Coated, Soft Coated), By Application (Automotive, Residential, Commercial): Global Opportunity Analysis and Industry Forecast, 2021-2031
The global solar reflective glass market size was valued at $5.3 billion in 2021, and is projected to reach $10.6 billion by 2031, growing at a CAGR of 7.3% from 2022 to 2031.
Solar reflective glass is the glass that lets sunlight pass through while reflecting a large part of the sun’s heat.Often specified for windows, roofs, and glazed facades, solar reflective glass optimizes light transmission, solar control, and high thermal performance. Solar reflective glass is ideal for maximizing natural daylight andreflecting the most solar heat away from the glass. The indoor space remains bright and much cooler than if regular glass were used. Solar reflective glass can help improve energy efficiency and reduce the need for airconditioning during warmer months.
On the basis of type the segments covered in the study include reflective and absorptive. Depending on thecoating method the segments include hard coated and soft coated. Furthermore, on the basis of applicationsthe segments covered in the study such as automotive, commercial, and residential. Moreover, based on region the market analyzes the current market trends of solar reflective glass across different regions such as NorthAmerica, Europe, Asia-Pacific, and LAMEA and suggests the future growth opportunities.
The growth drivers, restraints, and opportunities are explained in the report to better understand the marketdynamics. This report further highlights the key areas of investment. In addition, it includes Porter’s five forces analysis to understand the competitive scenario of the industry and role of each stakeholder. The report featuresthe strategies adopted by key market players to maintain their foothold in the market. Furthermore, it highlights the competitive landscape of the key players to increase their market share and sustain intense competition in the industry.
In addition, the development of automotive, construction, and aeronautical industries across the developing countries, such as Brazil, China, and India have propelled the demand for solar reflective glasses, which, in turn, led to increase in demand for solar reflective glass and may act as the major factor for the solar reflective glass market growth. Further more rapid expansion in decoration of glass in exteriors of house has led to increase in the demand for solar reflective glass however, rise in urbanization acts as the major driving factor for the market growth. Another key factors impacting the growth of the solar reflective glass market is increase in usage of solar reflective glass in automotive industry as it reduces substantial share of sunlight and declines the amount ofheat entering into the car.Moreover,according to the U.S. Energy department, solar energy is the fastest growing and most affordable source of newelectricity in America. Over 3 million installations have been built across the country—with 1 million being builtin the last two years.
The major players studied and profiled in the solar reflective glass market forecast are Heliotrope, Guardian Industries, PPG Industries, Asahi Glass, Ravenbrick LLC, e-Chromic, Saint-Gobain, Gentex, Polytron and Xinyi Auto.
Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the solar reflective glass market analysis from 2021 to 2031 to identify the prevailing solar reflective glass market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the solar reflective glass market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global solar reflective glass market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Type
Reflective
Absorptive
By Coating Method
Soft Coated
Hard Coated
By Application
Automotive
Residential
Commercial
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Australia
Rest Of Asia Pacific
LAMEA
Brazil
Saudi Arabia
South Africa
Rest of LAMEA
Key Market Players
saint gobain
NSG
Central Glass
Corning
Euroglas GmbH,
Asahi Glass Co. Ltd.
Heliotrope Technologies
Polytron Technologies
Gentex Corporation
Guardian Industries Corporation
Magna Mirrors Holding GmbH
PPG Industries
Ravenbrick Llc,
e-Chromic Technologies
Chromogenics AB
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