Global Coated Glass Market: Trends, Growth Drivers, and Forecast Analysis 2024-2030
The global coated glass market size is anticipated to reach USD 71.71 billion by 2030 and is anticipated to expand at a CAGR of 9.6% from 2024 to 2030, according to a new report by Grand View Research, Inc. Expansion of the solar industry supported by favorable government regulations is likely to contribute to the growth of the market. Solar industry across the globe is anticipated to witness significant growth, especially in terms of capacity. Factors such as depletion of non-renewable resources, growing electricity demand, reductions in cost of solar installations, advancements in technology, and government regulations are propelling an increase in solar capacities. These factors are expected to play a vital role in penetration of coated glass in solar industry over the forecast period. China is estimated to be a key market for coated glass at a global level. China was the largest construction industry in Asia Pacific between 2017 and 2021. Construction has witnesse...