Market Size of Solar Photovoltaic Glass Industry
| Study Period | 2019 -2029 |
| Market Volume (2024) | 27.11 Million tons |
| Market Volume (2029) | 63.13 Million tons |
| CAGR (2024 - 2029) | 18.42 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Solar Photovoltaic (PV) Glass Market Analysis
The Solar Photovoltaic Glass Market size is estimated at 27.11 Million tons in 2024, and is expected to reach 63.13 Million tons by 2029, growing at a CAGR of 18.42% during the forecast period (2024-2029).
The COVID-19 outbreak brought several short-term and long-term consequences in various industries like manufacturing and construction, which affected the solar photovoltaic glass market. The industry was widely impacted due to supply chain disruptions and a halt in the production of chemical manufacturing companies. However, the post-pandemic increase in construction activities in the residential and non-residential sectors is expected to boost the market for solar photovoltaic glass.
- Over the short term, the increasing demand for renewable energy is expected to stimulate the market demand.
- The rising adoption of alternate clean power sources is expected to hinder the growth of the market studied.
- Technological advancements in solar PV manufacturing offer various opportunities for the growth of the solar photovoltaic glass market.
- The Asia-Pacific region is expected to dominate the market and is likely to witness the highest CAGR during the forecast period.
