The global solar control glass market size is predicted to reach USD 10,689.3 Million 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. In addition, 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, 2024-2032” the market size stood at USD 5,176.5 Million in 2018.
Source:
https://www.fortunebusinessinsights.com/industry-reports/solar-control-glass-market-101462
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Competitive Landscape:
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 the its visualization capabilities for any kind of space with different colors of solar control and heat reflective glass range from AIS.
Regional Analysis:
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.