Global Self-Cleaning Glass Market is valued USD 94 million in 2017 is anticipated to grow USD 3.1 billion with the compounded annual growth of 4.60 % over the forecast period 2018-2025.
New York 21 Aug 2018, As per the new research study conducted by Bizwit Research & Consulting, Global Self-Cleaning Glass Market industry is poised to raise USD 134.7 million by 2025. The growth of the construction industry is a major factor driving the self-cleaning glass market. The low lifetime-cost of self-cleaning glass is another factor fueling the growth of this market; cost-cutting on labor and detergent otherwise required to wash the glass reduces the lifetime-cost of self-cleaning glass. The hydrophilic segment is projected to be the largest coating type segment of the self-cleaning glass market from 2018 to 2025. The hydrophilic self-cleaning glass has a film of titanium dioxide coating. This coating self-cleans glass in 2 stages, the photocatalytic stage and the hydrophilic sheathing stage. In the photocatalytic stage, ultraviolet light from the sun breaks down the organic dirt present on the glass. In the hydrophilic sheathing stage, rain washes away the dirt, and does not leave any streaks behind, as hydrophilic glass spreads the water evenly on the surface. This glass is more of use in regions with frequent rainfall or if the glass is hosed down regularly. The Asia Pacific is expected to be the fastest-growing market for self-cleaning glass during the forecast period. The growing middle-class populations with high disposable incomes and increasing demand for sustainable construction are major factors contributing to the growth of the self-cleaning glass market in this region.
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Global Self-Cleaning Glass Market Size study by Coating-type (Hydrophilic, Hydrophobic), by Application (Residential Construction, Non-Residential Construction, Solar Panels, Automotive), and by Regional Forecasts 2018-2025
The industry is seeming to be fairly competitive. Some of the leading market players Nippon Sheet Glass, Saint-Gobain, Guardian Industries., Cardinal Glass Industries,Inc, Asahi Glass Co, Atis Group, Australian Insulated Glass, Olympic Glass, Semco, Prefix System, Roof-Maker Limited and so on. The fierce competitiveness has made these players spend in product developments to improve the customer’s requirements.
Key findings of the study:
- The Asia Pacific is expected to be the fastest-growing market for self-cleaning glass during the forecast period.
- The residential construction segment is estimated to be the largest application segment of the self-cleaning glass market in 2018.
. Bizwit Research & Consulting LLP has considered following segments for the study:
By Coating Type:
- Residential Construction
- Non-Residential Construction
- Solar Panels
- North America
- Asia Pacific
- Latin America
- Rest of the World