The report on the Self-Cleaning Glass Market published by Stratview Research covers in depth details associated with the Self-Cleaning Glass Market.
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The Self-Cleaning Glass Market is likely to witness a CAGR of 8.8% during the forecast period. The prime factors that are driving the Self-Cleaning Glass Market is its superior thermal conductivity property leading to its wide usage in a wide array of industries.
Key Players
The following are the key players in the Self-Cleaning Glass Market:
Nippon Sheet Glass Co., Ltd. (Pilkington)
Compagnie de Saint-Gobain S.A.
Cardinal Glass Industries, Inc.
AGC Inc.
Qingdao Morn Building Materials Co., Ltd
Hopson Glass
Fuyao Glass Industry Group Co., Ltd.
Olympic Glass
Growth drivers and Market Value:
This report, from Stratview Research, studies the Self-Cleaning Glass Market value and growth drivers over the trend period of 2022-27. According to the report –
The market witnessed a massive decline in 2021 in the wake of the COVID-19 pandemic. It is estimated that the market for self-cleaning glass is likely to bounce-back in 2021, followed by sequential growth maintaining till 2026. Several factors led to the market decline, such as shortage of labor and funds, disruption in the supply chain, halt of production activities, job loss, postponement of construction activities, and decrease in consumer spending in the residential and non-residential construction sector. The market is likely to reach its 2019-sales figure by 2023, ultimately reaching an estimated value of US$ 120.7 million in 2026.
Segment Analysis:
Based on Application Type:
Based on the application type, the self-cleaning glass market is segmented as residential construction, non-residential construction, solar panels, automotive, and others. Residential construction is estimated to maintain its huge dominance in the market in the years to come. Key application areas included in the category are conservatory roofing, patio doors, balconies, and overhead glazing, windows, and shower glass. The solar panel segment is likely to be the fastest-growing during the forecast period. Photovoltaic (PV) cell efficiency increases substantially with the usage of nano-coated or self-cleaning glass compared to non-coated ones.
Based on Region:
In terms of regions, Europe is expected to remain the largest market over the next five years. Germany, France, and The UK are the leading markets in the region. Western Europe is a relatively mature market than other regions such as Asia-Pacific. Key European countries have been using self-cleaning glass for more than 15 years. Asia-Pacific is expected to be the fastest-growing market during the forecast period. China and Japan are key markets with a sizeable demand in the region.
Critical Questions Answered in the Report
• What are the key trends in the Self-Cleaning Glass Market?
• How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in the next five years?
• What is the impact of COVID-19 on Self-Cleaning Glass Market?
• What are the key strategies adopted by the major vendors to lead in the Self-Cleaning Glass Market?
• What is the market share of the top vendors?
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