Why is Worldwide Demand for Solar Control Glass Shooting Up?

The increasing provision of government subsidies, tax benefit schemes, and investment tax credits and the implementation of FIT programs in several countries are positively impacting the demand for solar control glass across the world. Moreover, the enactment of favorable government policies and laws such as tax reliefs to construction companies and the provision of 100% FDI for infrastructural development projects are boosting the sales of solar control glass in emerging economies such as India.

In addition to the above-mentioned factors, the rapid construction of residential and non-residential buildings in various countries, on account of the increasing urbanization and industrialization rates, is also propelling the demand for solar control glass around the world, which is, in turn, driving the advancement of the global solar control glass market. Solar control glass contains a coating that directly reflects a significant portion of the sunlight falling on it, thereby reducing the amount of heat entering a building.

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.

Across the globe, the sales of solar control glass will rise at the fastest rate in Asia-Pacific in the future years, as per the forecast of P&S Intelligence, a market research company based in India. This will be because of the rapid expansion of the construction industry in the regional countries. Moreover, the ballooning demand for BIPV materials and the provision of various tax benefit schemes are massively boosting the sales of solar control glass in this region. 

Hence, it can be said with full certainty that the demand for solar control glass will shoot up all over the world in the upcoming years, mainly because of the rising popularity of solar energy and the increasing implementation of favorable government policies regarding these materials in several countries around the world. 

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