Global demand for photovoltaic transparent glass is predicted to increase in the next few years due to rapid industrialization and
urbanization in developing economies. The rising awareness about renewable energy and surge in government subsidies on solar
products have encouraged the usage of solar energy in several developing countries. The government of China is planning to develop
16 solar thermal plants by 2020, boosting the demand for photovoltaic transparent glass systems in the country during the forecast
period.
Global demand for the solar energy is anticipated to rise significantly in the near future, offering high growth opportunities for the
global photovoltaic transparent glass market. The significant rise in demand for end-use applications, competitive production costs,
and high economic growth rate are factors propelling the photovoltaic transparent glass market in Asia Pacific and also prompting
companies to adopt expansion and R&D strategies in the region. These companies are concentrating on Asia Pacific to gain a larger
market share and meet the global demand. Numerous producers are shifting their plants to countries such as China and India owing to
factors such as high demand and low cost of raw materials and labor.
Major players operating in the global photovoltaic transparent glass market include Nippon Sheet Glass Co. Ltd, Sun Well Solar
Corporation, and Borosil.
Major regions analyzed under this research report are:
Europe
North America
Asia Pacific
Rest of the World
This report gives you access to decisive data such as:
Market growth drivers
Factors limiting market growth
Current market trends
Market structure
Market projections for the coming years
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