Isostearic Acid Market

One of the biggest factors propelling the demand for solar control glasses across the world is the soaring number of government initiatives and incentives, in the form of tax relief and tax benefit schemes, for the development of residential and commercial buildings, in several countries. For instance, policies like tax relief to construction manufacturers and 100% foreign direct investment (FDI) for infrastructure development, launched by the Indian government some years ago, have significantly boosted the adoption of solar control glass in the country.

In addition to this, the rapid technological advancements in the construction sector and the rising awareness amongst the people regarding the soaring pollution levels have resulted in the development of technologically advanced solar control glasses by the manufacturers.

Driven by the above-mentioned factors, the global solar control glass market is expected to demonstrate huge growth in the coming years. Engineers and architects all around the world are pursuing technological advancements that are allowing them to improvise the properties of functional glass, with respect to light and radiation. Solar control glasses have a coating which considerably reduces the amount of heat entering a building, which, in turn, plays a major role in creating a sustainable green environment and building design. According to the European Union (EU), the integration of solar control glasses in residential and commercial buildings can help in reducing carbon dioxide emissions by almost 15 million tonnes every year.

Solar control glass is widely used in residential and commercial buildings and in various automotive and marine applications. Amongst these, commercial buildings recorded their highest adoption in the past, and this trend is expected to continue in the coming years. This is mainly attributed to the burgeoning usage of these materials in building-integrated photovoltaics (BIPVs), which are extensively being used in the construction of buildings, as a source of electric power. In addition, these glasses are also widely used in skylights, glass walkways, atria, and conservatories.

Globally, Asia-Pacific (APAC) is expected to record the fastest growth in the solar control glass market in future, mainly on account of the surging construction industry in the region. Moreover, the soaring BIPV market and tax benefit policies are predicted to further fuel the demand for these glasses in the coming years. There have been huge investments for several infrastructural development projects in Japan and China, which will also boost the adoption of solar control glasses.

Hence, it is clear that owing to the thriving construction sector in numerous countries and the soaring government policies and schemes aimed at the development of infrastructure across, the world, the demand for solar control glasses will boom in the coming years.


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