Self-Cleaning Glass Market to offer a healthy CAGR of 5.4% during 2020-25
February 17, 2020
Self-Cleaning Glass Market Overview:
Self-cleaning glass market is likely to witness an impressive CAGR of 5.4% during the forecast period. The market is likely to be prosperous in the coming years with significant growth opportunities in the entire market value chain. The foremost advantage of adopting self-cleaning glass is that it is cost-effective and saves time and sweat. Self-cleaning glass is extensively used in solar panels. The fast shift towards the use of renewable energy further strengthens the global market for self-cleaning glass during the forecast period. Rapid urbanization has led to the construction of sky scrapers. As the glass panels of these sky scrapers are unapproachable, it creates a significant demand for the increased usage of self-cleaning glass in the coming years.
Report Overview:
This new report from Stratview Research analyses the Self-Cleaning Glass Market over the trend period from 2014 to 2019 and forecast period from 2020 to 2025. The insights of the report shall enable informed decision making and strategy formulation for the near future to capitalize on the opportunities.
Salient Features of the Report
The Research Report offers an in-depth view of the market, its health and growth, the factors shaping the industry, the competitive dynamics and a glimpse of the future.
The following are the key features of the report:
- Strategic segmentation
- Market analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Detailed Competitive Rivalry landscaping
- Market trend and forecast analysis
- Future Growth Boulevards
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Self-Cleaning Glass Market Segment Insights:
Coating Type: hydrophilic and hydrophobic self-cleaning glass
Based on the coating type, the market is segmented as hydrophilic and hydrophobic self-cleaning glass. The hydrophilic segment is likely to witness a higher CAGR during the forecast period. The layer of titanium oxide on self-cleaning glass cleans dirt in 2 stages. The first is the photocatalytic stage and the second is the hydrophilic sheathing stage. In the photolytic stage, dirt particles are broken down to tinier pieces by sunlight. While in the hydrophilic sheathing stage, the dirt particles are washed away, either by rain, or by application of water. The application of this segment is more in areas that witness abundant rainfall or with provision of water being sprayed down more frequently.
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Application Type: residential construction, non-residential construction and others
Based on the application type, the market is segmented as residential construction, non-residential construction, solar panels, automotive, and others. The residential construction segment is estimated to register the highest CAGR in the coming five years. The growth in construction industry is the major factor that drives the high demand for self-cleaning glass.
A highly/moderately/fragment consolidated Market
Some of the key self-cleaning glass manufacturers are Nippon Sheet Glass, Saint-Gobain, Guardian Industries, Cardinal Glass Industries, Inc., Asahi Glass Co., Viridian Glass, Atis Group, Kneer-Südfenster, Australian Insulated Glass, Roof-Maker Limited, Wuxi Yaopi Glass Engineering Co., Ltd., Foshan Qunli Glass Co., Ltd., Dependable Glass Works, Olympic Glass, Polypane Glasindustrie, Tuff-X Processed Glass, Semco, Weihai Blue Star Glass Holding, H.K. Taixing Glass Stone Material Limited, and Prefix Systems.
Region: North America is estimated to have the largest application of self-cleaning glass
In terms of regions, North America is estimated to have the largest application of self-cleaning glass during the next five years, driven by technological improvements in the region. Asia-Pacific is likely to depict the highest growth during the forecast period, with China, Japan, and India being the key sources of growth. Further, green building trends are likely to significantly boost the global self-cleaning glass market in the coming years. Technological developments and progressive elderly population, majorly in Japan and Europe, are expected to bolster the growth of the self-cleaning glass market during the forecast period.
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