Self-Cleaning Glass Market likely to witness an impressive CAGR of 5.4% by 2025, as estimated by Str
Posted: Apr 12, 2020
Stratview Research in its recent report has offered an overlook of the current Self-Cleaning Glass Market scenarios and has also estimated the Self-Cleaning Glass Market size to reach grow at CAGR of 5.4% by 2025. The insights highlighted in the report are based on data that is carefully collected from reliable sources and is then scrutinized to have a proper analysis.
Not only the report offers the market size but also details about the market segmentation with its share. Stratview Research also extends its research to offer a forecast of the market during the period of 2020 – 2025, to provide the clients with base knowledge of the market and make strategies to have beneficial results ahead.
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Self-cleaning glass is a special type of a glass option that is capable of keeping itself away from grime or dirt. They are designed in such a way that they need minimal maintenance in comparison to the other general glass options. The process of nanotechnology is used for fabricating this special type of glass.
Self-cleaning glass has a coating that uses organic dirt to create a coating to avoid the inorganic dirt. When it rains, the water activates the coating and the glass gets cleaned on its own. Apart from the glass roof and windows, such glasses are now also being used on laptops that can be used near a poolside.
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
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.
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.
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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Highlights of the Report:
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.
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.
Features of the Report
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.
The Self-Cleaning Glass Market analysis report discusses the following heads in great detail:
- Market structure: Overview, industry life cycle analysis, supply chain analysis
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Market trend and forecast analysis
- Market segment trend and forecast
- Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
- Attractive market segments and associated growth opportunities
- Emerging trends
- Strategic growth opportunities for the existing and new players
- Key success factors
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