According to study, “Global Automotive Solar Control Glass Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024” some of the major companies that are currently working in the global automotive solar control glass market areNippon Sheet Glass(NSG) Co. Ltd., Saint Gobain S.A., Arcon Flachglas-Veredlung GmbH & Co. KG, AGC Glass Europe, Euroglas GmbH, CSG Architectural Glass, AIG, Romag Holdings Plc, Guardian Glass, Asahi India Glass, Şişecam Flat Glass, Schott AG, Senghai Yaohua Pilkington Glass Group Co., Ltd., AGG Inc., PPG Industries Inc., Cardinal Glass Industries, XINYI Holdings Ltd., SYP Glass.
Solar control glass assigns to an exclusively treated glass prevents increase of solar heat inside buildings & vehicles. The automotive solar control glass is a plastic-coated glass with the elevated amounts of iron content helps in fascinating the infrared rays that reduces the quantity of heat in cars. The automotive solar control glasses are incorporated into double glazing window with combinations of Low E, self-cleaning and decorative glass solutions. Moreover, there are various types of solar control glass which provides several aesthetic options for instance the reflective, tinted, and neutral glass. The use of automotive solar control improves fuel efficiency, reduces the use of air conditioning by 10% to 15% and lowering of carbon dioxide emissions. The automotive solar control glass further have key advantages associated as superior comfort, ultra violet (UV) protection, longer upholstery life, better electric vehicle range and no signal blocks etc.
Based on type, global automotive solar control glass market is segmented into commercial vehicles, passenger vehicles, medium & heavy-duty vehicles and others. Based on product type, market is defined as reflective solar control glass and absorbing solar control glass. Reflective solar control glass is sub-segmented into glass treatment. Absorbing solar control glass is further sub-segmented into solar films and Poly Vinyl Butyrl (PVB) lamination. Based on sales channel, the market is split into distribution channel and direct channel. Based on thickness, market is segmented into <3mm, 3-5mm and >5mm. Based on use of application, market is segmented into sunroof, mirrors, windshield and windows. Some other applications are conservatories, skylights, glass walkways, and atria.
The market of global automotive solar control glass market is primarily driven by positive automotive industry outlook, followed by growth in building & construction in developing countries, increased government initiatives and tax benefits, increasing consciousness towards carbon emissions, rising acceptance of solar control glass in cars, and rise in demand for fuel-efficient cars. Additionally, raw materials (soda ash, silica sand, silicates, and limestone) price volatility or availability is adding to the biggest restraint factor for this market.
Europe region is the largest supplier followed by North American region owing to the significant increase in construction and automotive industry. Globally, automotive solar control glass market is estimated to grow at a CAGR of 5.5% over the forecast period and expected to reach at US $1,420 million in 2024, from US $1,030 million in 2019. Over the forecast period, the increased usage of applications likes commercial and residential buildings expected to support development of solar control glass market.
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Ankur Gupta, Head Marketing & Communications