,
Solar Power Plant Around the Globe Will Work As Catalyst for Self-Cleaning Glass Market
Self-cleaning glass extends the life of solar panels, lowers maintenance costs, and improves energy efficiency. High efficiency solar cells require a high absorption of incident sunlight. Self-cleaning glass is an environmentally friendly option because it consumes less water and doesn't require chemicals to clean the surface. For instance, on November 30, the Water and Electricity Holding Company (Badeel) and the local utility company ACWA Power, signed a contract to turn the Mecca province's Al Shuaibah into the world's biggest single-site solar power plant. The solar power station is expected to start operating by the end of 2025 and have a 2,060 MW generation capacity.
Photo Voltaic
Trend Towards Renewable Energy & Growing Construction Sector in the Developing Economies
Saudi Arabia has counted on ACWA Power to help it reach its Vision 2030 renewable energy objective of meeting 70% of its energy demands through RE generation
Additionally, in February 2023, Saudi Crown Prince Mohammed bin Salman founded the New Murabba Development Corporation (NMDC) to carry out a significant development in downtown Riyadh. The plan calls for the construction of a business district, a residential neighborhood, hotels, hospitals, amusement parks, and educational institutions. As these construction projects are in lineup, the market for Self-Cleaning glass will grow.
Comparatively Lesser Environmental Impact of Self Cleaning Glass Resulting in the Market Growth
Self-cleaning glass that has less adverse effect on the environment is advantageous for the world. Additionally, it saves water during washing and eliminates the need for additional cleaning agents. Self-cleaning eyewear is recognized for its resistance to glare and mist. Self-cleaning glass is often used as a building infrastructure partition, as well as for doors and windows. Their use in the building industry has increased dramatically as a result of their ability to clean themselves.
The enormous growth of the building sector is one of the primary factors influencing market expansion. The market for self-cleaning glass will also grow as a result of the reduction in maintenance time and expense. Due to the effect of water, both types of coatings have the ability to clean themselves. The environment is less harmed by self-cleaning glass. Additionally, the rate of expansion of the self-cleaning glass market will be impacted by the growing demand for robust, scratch-resistant, and self-cleaning windows and facades.
Increasing Demand from Building & Construction Sector
Self-cleaning glasses are frequently utilized as windows, glazing materials for building envelopes and as interior dividers.
Self-cleaning glass is used in roof windows, bay windows, conservatories, roofs, patio doors, and glazed facades in residential building. On solar control glass, a hydrophilic coating is typically used to give both great energy efficiency and self-cleaning qualities. The need for self-cleaning glass in residential buildings has increased due to the rapid urbanization of developing nations and the proliferation of building codes in industrialized nations.
For the year 2024-2032, the construction industry in Europe grew by roughly 2%. Even though this industry's growth has slightly slowed, more people are projected to adopt self-cleaning glasses in the years to come.
A hydrophobic coating on the surface of self-cleaning glasses frequently repels the majority of foreign particles and eliminates the majority of waste that has built up. Even hydrophilic coatings are used, but in smaller quantities due to their lower effectiveness.
Self-cleaning glasses help to cut down on maintenance costs, which has led to an increase in their use, in both residential and commercial structures.
High Price Bar is Expected to Hinder the Growth of the Market.
Costs are typically determined by the required window or glass area's size. A double-glazed self-cleaning glass unit measuring 1200 mm x 1200 mm and made of 4 mm glass typically costs roughly USD 195.73. You should budget around USD 756.98 for a 1000 mm x 1500 mm triple glazed self-cleaning glass skylight with a wood kerb. One also needs to account for the cost of installation by a qualified glazier in addition to the price of the self-cleaning glass. For a typical double window, installing self-cleaning glass will cost around USD 345, in total.
About 20% more money is spent on self-cleaning windows than on regular glass. As a result, it's important to assess your spending plan and take into account the total cost of installing self-cleaning windows and other self-cleaning glass.
Recent Development
- SEDCO and Hamad M. AlMousa Real Estate Co. (Firm) announced a collaboration agreement in September 2024-2032 for the development of a 1.9 million square metre native land plot in Al Qadisiyah, which is located in North Riyadh. The King Khalid International Airport is nearby, and the land development project is connected to important roadways and transportation hubs. The land development will take place over several phases, with the goal of dividing the project into sellable parcels and building the following critical infrastructure.
- According to a statement released by Kotak group in February 2023, the money raised by Gold Plus would be used to invest in the company's growth strategy, which includes building two new float glass production lines and one solar glass line in South India for a project costing up to 2,500 crores.
- The monarchy plans to invest more than USD 3 trillion in the domestic economy by 2030, but many believe this target will be difficult to meet. The most recent development projects in Saudi Arabia include Neom, Red Sea Project, and Qiddiya. The monarchy anticipates assistance from the corporate sector in achieving its ambitious plans and carrying them out.
- AlUla would include The Wadi of Hospitality, a 20-kilometer-long public space that links the five neighborhoods. Visitors have a choice of lodging and hospitality alternatives in each area of the heritage site, from hotels and eco-tourism resorts to opulent lodges and farms cut into the sandstone canyons. To reach its entire goal of 9,400 keys by 2035, the heritage site will also add a total of 5,000 extra room keys.
Market Segmentation
Global Self-Cleaning Glass market can be segmented into product type, application, end user and region. Based on product type, the market is segmented into hydrophobic coating and hydrophilic coating. Based on application, the market is segmented into windows, skylights, facades, exterior shop fronts, solar panels, automotive windows, and smartphones & tablets. Based on end user, the market is segmented into residential, commercial & industrial. Based on region, the market is segmented into North America, Asia-Pacific, Europe, South America, and Middle East.
Market Players
Major market players in the global self-cleaning glass are
Attribute | Details |
Base Year | 2022 |
Historic Data | 2018 – 2022 |
Estimated Year | 2023 |
Forecast Period | 2024 – 2028 |
Quantitative Units | Revenue in USD Million, and CAGR for 2018-2022 and 2023-2028 |
Report coverage | Revenue forecast, company share, growth factors, and trends |
Segments covered | Product Type Application End User |
Regional scope | North America, Asia-Pacific, Europe, South America, Middle East |
Country scope | United States, Canada, Mexico, China, Indian, Japan, South Korea, Indonesia, Germany, United Kingdom, France, Russia, Spain, Brazil, Argentina, Saudi Arabia, South Africa, UAE, Egypt, Israel |
Key companies profiled | Compagnie de Saint-Gobain S.A., TuffX Processed Glass Ltd, Morley Glass & Glazing ltd., ATIS Group, Australian Glass Group, Cardinal Glass Industries, Inc., Guardian Industries, Morn Building Materials Co. Ltd., Nippon Sheet Glass Co., Ltd., Nanovations Pty Ltd. |
Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |