Electrochemical Glass Market Size Worth USD 6.58 Billion in 2028

The global electrochemical glass market size is expected to reach USD 6.58 Billion at a steady revenue CAGR of 12.3% in 2028, according to latest analysis by Emergen Research. Growth of the global electrochemical glass market is driven by rising demand for tinted doors, windows, and mirrors, increasing demand from various end-use industries such as automotive, construction, marine, and aerospace, and rapid urbanization and infrastructure development in various developing countries across the globe.

Electrochemical glasses limit the need to use additional equipment or appliances to heat or cool a room based on ambient temperature, and this helps in energy saving. The glasses help to reduce overheating in glazed spaces by lowering light transition and G factor of glass, thus, keeping interiors cool and saving on air-conditioning costs. Electrochemical glass limits the number of elements present on the facade and it allows occupants of a building to enjoy natural light without being exposed to heat or glare. Windows can adapt automatically and optimize for comfort of residents or occupants.

Rising environmental concerns regarding high carbon emissions has led builders to use more sustainable products and solutions to reduce their carbon footprint. Rising usage of sustainable electrochemical glasses in residential and commercial buildings is driving market revenue growth currently, and the trend is expected to continue over the forecast period.

Market Size – USD 2.58 Billion in 2020, Market Growth – at a CAGR of 12.3%, Market Trends – Rising demand for more sustainable products

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Scope of The Report

The Electrochemical Glass market is further segmented in terms of applications, end-user, end-use, geographic presence, by-products as well as services. In addition, the subject matter experts evaluating the industry provide an all-inclusive category-specific industry outlook. A comprehensive collection of data on major companies occupying a strong foothold in the industry adds immense value to the overall research. The assessment of the wining strategies followed by these companies can help business owners not only strategize but also execute business operations by referring the statistics about competitor analysis. Careful assessment of the industry analysis across different regions along with vital information on the market size, share and growth rate makes this report a wonderful resource for business evangelists.

Global Electrochemical Glass market competition by TOP MANUFACTURERS, with production, price, and revenue (value) and market share for each manufacturer; the top players including:

Some major players in the market include Dupont De Nemours Inc., AGC Inc., Gentex Corporation, SAGE Electrochromics, Guardian Industries, ChromoGenics AB, Econtrol-Glas GmbH Co, Ravenbrick LLC, View Inc., and Asahi Glass Co. Ltd.

Emergen Research has segmented the global electrochemical glass market on the basis of material, technology, product, end-use, and region:

Material Outlook (Revenue, USD Billion; 2018–2028)

Transition Metal Oxide (TMO)
Nanocrystal
Polymer
Viologen
Reflective Hydride

Technology Outlook (Revenue, USD Billion; 2018–2028)

Passive Glasses
Low E-Glasses
Active Glasses

Product Outlook (Revenue, USD Billion; 2018–2028)

Mirrors
Windows
Displays
Doors
Sunglasses
Others

End-use Outlook (Revenue, USD Billion; 2018–2028)

Residential
Transportation
1. Aerospace
2. Marine
3. Automotive
4. Others
Commercial
1. Corporate
2. Educational Buildings
3. Healthcare and Lab Facilities
4. Others
Others

Regional Analysis of the Market:

North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Some Key Highlights from the Report

In May 2021, Halio, Inc. selected Clark Pacific as its California-preferred prefabrication provider. Clark is a provider of prefabricated systems which are transforming construction and building design and offers fully integrated prefabricated building envelope system with benefits of energy savings and design flexibility of electrochemical glass.
Electrochemical glasses are being used in goggles and sunglasses to switch to different shades of darkness and respond to ambient light in a few seconds. The color of these shades vary and are designed to have high customer appeal. The sunglasses function indoors as well, are lightweight, are ideal for hikes in the woods during a sunny day and for construction workers working against a skyline of high-glare building facades.
Transportation segment accounted for a significantly large revenue share in 2020 as a number of automotive manufacturers are incorporating electrochemical glass in windows for antiglare property and dynamic light adjustment. The glass also reduces heat generation and provides privacy vehicle occupants. Electrochemical glasses can be used in sunroofs, windows, skylights, rearview mirrors, doors, and windshields, among others.
Electrochemical glass market in Europe accounted for a significantly large revenue share in 2020 due to high adoption of advanced technological products in countries in the region. Moreover, new construction projects and renovation activities on existing and older infrastructure in countries in the region is supporting market growth. Construction activities in Europe generated USD 19 Billion in 2018. Surge in trend of smart homes and smart offices is also contributing to growth of the market. Smart home industry in the region witnessed a growth of 20.4% in last quarter of 2019 as compared to 2018.

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The Electrochemical Glass Market report also includes an investment analysis and growth trend analysis to help readers maximize their return on investment. It highlights the growth opportunities existing in the global Electrochemical Glass market segments. It offers an extensive investigation of the import-export status and the rates of production and consumption. The Electrochemical Glass Market report also provides some of the essential market aspects to draw a forecast for the coming years based on the information derived as part of the historical analysis and an analysis of the current market scenario.

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