Market Segmentation
The utilization of solar panels as an alternative source of energy is garnering significance across the globe. Solar panels are increasingly used for electricity generation. The solar panel is composed of silicon cells, a glass casing, a metal frame, and various wiring to facilitate the flow of current from the silicon cells. Recent trend indicates nano coatings being extensively applied on the solar glass casing. Nanocoatings on solar glass make the solar glass water-repellant, self-cleaning, and anti-reflective. Nano-coated solar modules have hydrophobic properties that cause water to repel more quickly than uncoated glass. This property drives the growth of coated solar panels in regions with continuous rainfall.
Building & construction are of key importance to the coated glass market as coated glass is extensively used in the industry in various applications such as facades, partitions, windows, etc. Coated glass is utilized in buildings as an energy-saving glass, owing to its ability to reduce the air conditioning as well as heating costs of the building residents. There is growing emphasis across the globe to increase the energy efficiency of buildings. According to the International Energy Agency (IEA), buildings including commercial, residential, and public buildings account for 36% of the global final energy consumption. As a result, they represent unparalleled opportunities for energy savings.
The accelerating growth of the coated glass market, which is driven by the growth of its construction industry, is, however, restricted by one key disadvantage high manufacturing cost. Since coated glass is manufactured from flat glass, there is a disadvantage of significant cost associated with float lines used to produce flat glass. Over 90% of the world’s flat glass is manufactured by the float glass process. Hence, flat glass is also referred to as float glass. Float glass plants require large capital to become functional and turn out to be profitable if working at a capacity utilization of over 70%.
This section will provide insights into the contents included in this coated glass market report and help gain clarity on the structure of the report to assist readers in navigating smoothly.
Industry overview
Industry trends
Market drivers and restraints
Market size
Growth prospects
Porter’s analysis
PESTEL analysis
Key market opportunities prioritized
Competitive landscape
Company overview
Financial performance
Product benchmarking
Latest strategic developments
Market size, estimates, and forecast from 2018 to 2030
Market estimates and forecast for product segments up to 2030
Regional market size and forecast for product segments up to 2030
Market estimates and forecast for application segments up to 2030
Regional market size and forecast for application segments up to 2030
Company financial performance