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The global electrochemical glass market grew at a CAGR of around 10% during 2015-2020. Electrochemical glass, also known as dynamic glass, refers to an electronically tinted glass used in windows, doors, mirrors, and indoor applications. A low-voltage electrical charge is passed through a thin coating on the glass surface that activates an electrochromic layer, which can change color from transparent to translucent or opaque. Electrochemical glass helps to reduce overheating in highly glazed spaces by decreasing the G factor and light transition of glass, thereby keeping the interiors cooler and saving additional air-conditioning costs. As a result, these glasses are widely used across diverse industries, including construction, automotive, aerospace, marine, etc.
The rising environmental concerns towards high carbon emissions from conventional glasses in commercial and residential buildings are driving the need for energy-efficient solutions. Electrochemical glass helps in controlling the amount of heat generation based on ambient temperature, which further reduces the emission of greenhouse gases. Moreover, the growing construction of smart infrastructures is also propelling the demand for electrochemical glass for controlling overheating and maintaining room temperature. In line with this, several government bodies across the globe are increasingly investing in the sustainable development of green and energy-efficient buildings, thereby catalyzing the demand for electrochemical glass. Additionally, the rising number of refurbishment and remodeling activities has led to the replacement of conventional glasses with electrochemical glass across office buildings, institutions, retail facilities, healthcare centers, etc. Moreover, the growing demand for glare-free glass components, such as windshields, rear- and side-view mirrors, windows, etc., in automobiles is also propelling the market growth on a global level. The electrochemical glass in vehicles helps in minimizing extra glaze, improving vehicular efficiency, maintaining interior temperature, and enhancing passenger comfort. In the coming years, the increasing usage of electrochemical glass in various smart devices will also continue to further drive the market growth. Looking forward, IMARC Group expects the global electrochemical glass market to continue its strong growth during the next five years.
IMARC Group provides an analysis of the key trends in each sub-segment of the global electrochemical glass market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, material, technology, product and end use industry.
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The competitive landscape of the industry has also been examined with some of the key players being AGC Inc., ChromoGenics AB, Dupont De Nemours Inc., Econtrol-Glas GmbH & Co. KG, Gentex Corporation, Guardian Industries (Koch Industries Inc), Ravenbrick LLC, SAGE Electrochromics (Compagnie De Saint-Gobain) and View Inc.
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