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India Solar Glass Market

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India Solar Glass Market

Author: Ajay Kumar Gupta
Format: Paperback
ISBN: 9788195830480
Code: NI362
Pages: 135
Price: Rs. 200,600.00   US$ 4,000.00

Published: 2024
Publisher: NIIR PROJECT CONSULTANCY SERVICES
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According to our study, the India’s solar glass market was valued at USD 833.25 million in 2022 and is expected to reach USD 5443.85 million by 2030, registering a CAGR of 26.53% in 2023-2030. The key factors for the growth of the market are the growing preference for renewable energy sources because of growing environmental concerns, and rapid increase in the development of renewable power to cope up with the increase in electricity demand.
The research report highlights the growth potential of the India’s solar glass market. Solar glass is expected to show enormous growth in the future market in India. However, reducing costs, and supply chain optimization remain crucial for the widespread adoption of solar glass. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the solar glass market.
Solar Glass is a type of glass that converts solar energy into electricity using solar cells. It is installed on the roofs or façades of buildings to generate enough energy to power the entire structure. Solar cells are mounted between two glass panes with a specific resin filler in these glasses. Solar cells are firmly wrapped from all sides with these polymers.
Borosil Renewables Ltd, Asahi India Glass Limited, CSG Holding Limited, Gujarat Guardian Limited and others prominent players are the key players in the India Solar Glass market. These manufacturers account for about 16% of the total India’s solar glass market and rest of market share are occupied by importers from China, Europe, USA etc. Based on solar glass type, the photovoltaic glass captured the largest market share, 67.29%, in 2022 and is projected to reach USD 3594.58 million by 2030. Based on application, the solar energy segment accounted for the largest revenue share, 44.21%, in 2022 and is anticipated to generate USD 2320.06 million by 2030. In terms of installation, the patterned glass technology segment captured the largest revenue share, 57.92%, in 2022 and is estimated to generate USD 3092.19 million by 2030. Based on thickness, 3.2 mm segment accounted for the largest revenue share, 43.06%, in 2022 and is estimated to generate USD 2265.64 million by 2030.
Key Features:
The report on India’s solar glass market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the solar glass market. It may include historical data, market segmentation by solar glass type, by thickness, by application, by installation and by module.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the solar glass are the rising applications of solar glass in numerous infrastructure development projects, supportive policies and initiatives of Indian government for solar plant installations, and surge in demand for solar glass in various end-user industries. It can also highlight the challenges faced by the industry, including high installation cost and lack of proper infrastructure.
Competitive Landscape: The research report provides analysis of the competitive landscape within the India’s solar glass market. It includes profiles of key players, their market share, investment analysis, and product offerings. The report can also highlight emerging players and their potential impact on the market in next few years.
Technological Developments: The research report can delve into the latest technological developments in the solar glass industry. This include Panasonic Holdings Corporation developed a prototype for power-generating windows with Perovskite solar cells that can convert the facade into a renewable energy source, and India-based Deeptech solar startup Renkube is developing an AI-powered light harvesting glass that helps panels gather more sunlight and redirect it to solar cells to increase energy yield.
Indian Government Policies and Incentives: The research report analyze the impact of government policies and incentives on the solar glass market. This may include imposition of Basic Customs Duty (BCD), 2022, Notification of The Ministry of Finance Regrading Countervailing Duty Imposition on Solar Glass Imported from Malaysia, 2021, Notification for Extension of Anti-Dumping Duty on Chinese Solar Glass for 2 Years etc. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the solar glass market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the solar glass industry in India. This includes projections of market size, growth rates, segmentation-wise growth rates, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the solar glass market.
Market Segmentation:
Solar Glass market is segmented by solar glass type, by thickness, by application, by installation and by module. For the period 2022-2030, the growth among segments provides accurate calculations and forecasts for consumption value by solar glass type, by thickness, by application, by installation and by module. In terms of value.
Segmentation by Solar Glass Type
Photovoltaic Glass
AR Coated Glass
Tempered Glass
TCO Glass
Multifunctional Glass
Thermal Insulation Glass
UV and IR Radiation Glass
Others
Segmentation by Thickness
2 mm
2.5 mm
2.8 mm
3.2 mm
4 mm
Segmentation by Application
Building and Construction
Residential
Commercial
Automotive Industry
Solar Energy
Infrastructure
Others
Segmentation by Module
Thin Film Modules
PV Module
Monofacial
Bifacial
Segmentation by Installation
Float Glass Technology
Patterned Glass Technology
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Borosil Renewables Ltd
Asahi India Glass Limited
CSG Holding Limited
Gujarat Guardian Limited
Key Questions Addressed in this Report
What is the 7-Year Outlook for the India Solar Glass Market?
What Factors are Driving Solar Glass Market Growth in India?
Which Technologies are Poised for the Fastest Growth by Market?
How do Solar Glass Market Opportunities Vary by End User Industry?
How Does Solar Glass Break Out Solar Glass Type, Thickness, Application, Installation And Module?

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Contents

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1 Research Objective
Objective of the study
1.1 Product Overview
1.2 Market Scope
1.3 Analysis Period of the Study
1.4 Data Reporting Unit
1.5 Key Stakeholders
2 Research Methodology
2.1 Research Methodology
2.2 Regional Split of Primary & Secondary Research
2.3 Secondary Research
2.4 Primary Research
2.4.1 Breakdown of Primary Research Respondents, By Industry Participants
2.5 Market Size Estimation
2.6 Assumptions for the Study
3 Executive Summary
4 India Solar Glass Market Overview
4.1 India Solar Glass Market Size & Forecast
4.2 India Solar Glass Market Size & Share Forecast, By Solar Glass Type
4.3 India Solar Glass Market Size & Share Forecast, By Thickness
4.4 India Solar Glass Market Size & Share Forecast, By Application
4.5 India Solar Glass Market Size & Share Forecast, By Module
4.6 India Solar Glass Market Size & Share Forecast, By Installation
5 APAC Solar Glass Market Overview
5.1 APAC Solar Glass Market Size & Forecast
5.2 APAC Solar Glass Market Size & Share Forecast, By Technology
5.3 APAC Solar Glass Market Size & Share Forecast, By Application
5.4 APAC Solar Glass Market Size & Share Forecast, By Country
6 China Solar Glass Market Overview
6.1 APAC Solar Glass Market Size & Forecast
6.2 APAC Solar Glass Market Size & Share Forecast, By Technology
6.3 APAC Solar Glass Market Size & Share Forecast, By Application
7 China Solar Glass Market Overview
7.1 China Solar Glass Market Size & Forecast
7.2 China Solar Glass Market Size & Share Forecast, By Technology
7.3 China Solar Glass Market Size & Share Forecast, By Application
8 Japan Solar Glass Market Overview
8.1 Japan Solar Glass Market Size & Forecast
8.2 Japan Solar Glass Market Size & Share Forecast, By Technology
8.3 Japan Solar Glass Market Size & Share Forecast, By Application
9 South Korea Solar Glass Market Overview
9.1 South Korea Solar Glass Market Size & Forecast
9.2 South Korea Solar Glass Market Size & Share Forecast, By Technology
9.3 South Korea Solar Glass Market Size & Share Forecast, By Application
10 Australia Solar Glass Market Overview
10.1 Australia Solar Glass Market Size & Forecast
10.2 Australia Solar Glass Market Size & Share Forecast, By Technology
10.3 Australia Solar Glass Market Size & Share Forecast, By Application
11 Indonesia Solar Glass Market Overview
11.1 Indonesia Solar Glass Market Size & Forecast
11.2 Indonesia Solar Glass Market Size & Share Forecast, By Technology
11.3 Indonesia Solar Glass Market Size & Share Forecast, By Application
12 Malaysia Solar Glass Market Overview
12.1 Malaysia Solar Glass Market Size & Forecast
12.2 Malaysia Solar Glass Market Size & Share Forecast, By Technology
12.3 Malaysia Solar Glass Market Size & Share Forecast, By Application
13 Vietnam Solar Glass Market Overview
13.1 Vietnam Solar Glass Market Size & Forecast
13.2 Vietnam Solar Glass Market Size & Share Forecast, By Technology
13.3 Vietnam Solar Glass Market Size & Share Forecast, By Application
14 Thailand Solar Glass Market Overview
14.1 Thailand Solar Glass Market Size & Forecast
14.2 Thailand Solar Glass Market Size & Share Forecast, By Technology
14.3 Thailand Solar Glass Market Size & Share Forecast, By Application
15 Singapore Solar Glass Market Overview
15.1 Singapore Solar Glass Market Size & Forecast
15.2 Singapore Solar Glass Market Size & Share Forecast, By Technology
15.3 Singapore Solar Glass Market Size & Share Forecast, By Application
16 Philippines Solar Glass Market Overview
16.1 Philippines Solar Glass Market Size & Forecast
16.2 Philippines Solar Glass Market Size & Share Forecast, By Technology
16.3 Philippines Solar Glass Market Size & Share Forecast, By Application
17 Rest of APAC Solar Glass Market Overview 83
17.1 Rest of APAC Solar Glass Market Size & Forecast
17.2 Rest of APAC Solar Glass Market Size & Share Forecast, By Technology
17.3 Rest of APAC Solar Glass Market Size & Share Forecast, By Application
18 Market Dynamics
18.1 Drivers
18.1.1 Rising applications of solar glass in numerous infrastructure development projects
18.1.2 Solar glass facades help in lowering power consumption
18.2 Limitations
18.2.1 Lack of proper infrastructure
18.2.2 High installation cost
18.3 Opportunities
18.3.1 Supportive Policies and Initiatives of Indian Government for Solar Plant Installations
18.3.2 Surge in demand for solar glass in various end-user industries
18.4 Trends
18.4.1 Increasing Demand for Green Building
18.5 Technological Landscape
18.6 Investment Analysis
18.7 Government Regulatory Framework and Policies for Solar Glass Market
18.8 Covid-19 Impact on India Solar Glass Market
18.9 Technological Trend Analysis for Solar Glass Thickness Reduction in The Indian Market
18.10 Detailed Overview of India Solar Glass Industry from Indian Government Perspective
18.11 Price Analysis of Solar Glass in India in (USD/Square Meter), 2021-2023
18.12 Price Analysis of Solar Glass in Asia Pacific Countries in (USD/Square Meter), 2023
18.13 Import-Export Analysis of Solar Glass in India
18.13.1 Import (Value and Volume)
18.13.2 Exports (Value and Volume)
18.14 Porter’s Five Forces Analysis
18.15 Company Market Share Analysis, 2022
18.16 Export Analysis of Solar Glass/Products in Asia Pacific Countries from India
19 Competitive Landscape
19.1 Company Profiles
19.1 Borosil Renewables
19.1.1 Business Overview
19.1.2 Financial Overview (USD Million)
19.1.3 Revenue by Geography, 2023
19.1.4 Key Solar Glass Products
19.1.5 Total Manufacturing Capacity of Solar Glass in Tons in 2023
19.1.6 Projected Capacity in the Next Two Three Years (Tons)
19.1.7 Recent Developments
19.1.8 Key Personnel
19.2 Asahi India Glass Limited
19.2.1 Business Overview
19.2.2 Financial Overview (USD Million)
19.2.3 Revenue by Business Segment, 2023
19.2.4 Revenue by Business Segment, 2023
19.2.5 Key Solar Glass Products
19.2.6 Total Manufacturing Capacity of Solar Glass in 2023
19.2.7 Recent Developments
19.2.8 Key Personnel
19.3 CSG Holding Co., Ltd.
19.3.1 Business Overview
19.3.2 Group Financial Overview (USD Million)
19.3.3 Revenue by Business Segment, 2023
19.3.4 Revenue by Region, 2023
19.3.5 Key Solar Glass Products
19.3.6 Total Manufacturing Capacity of Solar Glass in Tons in 2023
19.3.7 Recent Developments
19.3.8 Key Personnel
19.4 Gujarat Guardian Ltd
19.4.1 Business Overview
19.4.2 Financial Overview (USD Million)
19.4.3 Key Solar Glass Products
19.4.4 Recent Developments
19.4.5 Key Personnel


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