#borosil renewables share

[sharemarketinsider]

Waaree Energies: A Rising Star in India’s Renewable Energy Sector

[wowhealthfitness20]

Borosil Renewables share price: Borosil Renewables hits all-time high, rises for fourth straight session

Borosil Renewables share price: Borosil Renewables hits all-time high, rises for fourth straight session

MUMBAI: Borosil Renewables extended gains for fourth session in a row, and jumped to a record high on Wednesday, cheering the successful completion of fund raising of Rs 200 crore through a qualified institutions placement (QIP) last week. At 9:25 am, the small cap stock was up 7.74 per cent at Rs 200.50, while Sensex climbed 0.40 per cent to 46,153.15 points. The stock had scaled an all-time…

[jonathandesverneyusanews]

Borosil Renewables share price: Borosil Renewables up over 5%, extends gains for third straight session

Borosil Renewables share price: Borosil Renewables up over 5%, extends gains for third straight session

MUMBAI: Shares of Borosil Renewables climbed for third session in a row, as they rose more than 5 per cent on Tuesday, extending the gains after the company announced the successful completion of fund raising of Rs 200 crore through a qualified institutions placement (QIP). At 9:22 am, the small cap stock was up 5.70 per cent at Rs 179.95, while Sensex climbed 0.79 per cent to 45,912.31 points.…

[benwne]

Check Borosil Renewables share price, financial data and complete stock analysis. Get Borosil Renewables stock rating based on quarterly result, profit and loss account, balance sheet, shareholding pattern and annual report.

[techsciresearch]

Solar Energy Glass Market To Grow With an Impressive CAGR During the Forecast Period

Favorable government initiatives are driving the growth in Global Solar Energy Glass Market in the forecast period, 2022-2026.

According to TechSci Research report, “Solar Energy Glass Market - Global Industry Size, Share, Trends, Opportunity and Forecast, 2016-2026, Segmented By Type (Anti-Reflective Coated Glass, Tempered Glass, TCO Glass, and Others), By Application (Residential, Commercial, and Utility-Scale), By End User (Crystalline Silicon PV Modules and Thin Film PV Modules), By Region”, the global solar energy glass market would potentially project an impressive growth in the forecast period, 2022-2026, with an impressive CAGR on the account of surging demand for the photovoltaic panels. Also, growing focus on the renewable energy and their utilization for the conversion into electrical energy is further driving the growth of the global solar energy glass market in the upcoming five years. Additionally, increasing installed capacity of solar energy is also significantly showing the robust growth of the global solar energy glass market in the next five years. Moreover, government initiatives toward increasing the awareness about the solar energy and its utilization for the energy conservation and conversion is further supporting the growth of the global solar energy glass market in the future five years. Over-dependence on the fossil fuels, coal, reducing the green house gas emission, and subsequently controlling the air pollution and diversification of the power supply is aiding the growth of the global solar energy glass market in the forecast years.

Building integrated photovoltaics category is a primary application of solar glasses. It is specifically designed to replace conventional building materials in roofs, skylights, facades, and windows to efficiently generate power. Solar energy glass has a frame of glass that consumes the heat and sun rays along with the radiant light that is mobilized using the glass. These kinds of glasses are also used in photovoltaic modules. Solar energy is converted into electrical energy that is then utilized in various end user sectors. Commercial usage of electricity converted from solar energy substantiate the applications of the solar energy glass.

Browse over XX market data Figures spread through 110 Pages and an in-depth TOC on " Global Solar energy glass Market"

https://www.techsciresearch.com/report/solar-energy-glass-market/7886.html

The global solar energy glass market is segmented by type, application, end user, competitional landscape, and regional distribution. Based on application, the market is further bifurcated into residential, commercial, and utility-scale. The demand for solar energy glass is rapidly growing in the residential area. Thus, residential application is anticipated to hold the largest revenue shares of the market and dominate the market segment on the respective grounds. Moreover, the rapidly increasing awareness about the solar energy glass among the population is further aiding the growth of the global solar energy glass market in the upcoming five years.

Onyx Solar Group LLC, Shenzhen Topray Solar Co., Ltd., Borosil Glass Works Limited, Trina Solar, JA Solar Holdings Co. Ltd., Sharp Corporation, Brite Solar, Wuxi Suntech Power Co., Ltd., Gruppo STG, Polysolar Ltd., are some of the market players holding the major shares of the global Solar energy glass market. Market players are actively involved in the research and technological development in the product developments. The advanced technology has made it possible for the industry to provide excellent services through Solar energy glass. Further advancement would aid the market value and brand establishment in the future five years. New market players may focus on the research and development to provide options that satisfies the consumer demand as well as benefits the market players in building their brand value. Other competitive strategies include mergers & acquisitions and new product developments.

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“Asia Pacific region is anticipated to dominate the regional segmentation of the global market. The market growth is expected to grow on the backbone of the largest producer market in China. The developing nation China is currently aiming to improve smart manufacturing in PV basic material that is anticipated to support the global solar energy glass market in the upcoming five years. Also, the government initiatives and policies in the countries like India, Vietnam are expected to further support the growth of the market in the future five years. North America is anticipated to hold the significant growth in the upcoming five years on the grounds of rising solar panel manufacturing in the larger economies like United States, and Canada. Surging local demands from these countries is further aiding the growth of the global solar energy glass market in the next five years,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Global Solar Energy Glass Market - Global Industry Size, Share, Trends, Opportunity and Forecast, 2016-2026, Segmented By Type (Anti-Reflective Coated Glass, Tempered Glass, TCO Glass, and Others), By Application (Residential, Commercial, and Utility-Scale), By End User (Crystalline Silicon PV Modules and Thin Film PV Modules), By Region”, has evaluated the future growth potential of global solar energy glass and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in global solar energy glass market.

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[market-research-industry]

Coated Glass Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025

Coated glass is defined as a glass which is covered with an outer layer, film, etc. having a coating of a mineral, especially China clay to provide a very smooth surface to the glass. Coatings on glasses are done to control the exposure of the glass surface to vapors, which bind to the glass forming a permanent coating. Additionally, coatings improves reflection, transmission & absorption properties and provides scratch & corrosive resistance. Coating is an integral part of glass manufacturing. Consequently, coated glass has experiences increasing demand from the entire automobile manufacturing processes. Coated glass is popular in commercial glazing as it provides superior solar control performance than clear or tinted glass products; therefore, it improves the energy efficiency of the building. The coated glass market is expanding significantly, owing to the rapid adoption of coated glass among different end-use applications.

Factors such as rapid urbanization, demand for affordable housing, rise in population, and development of the services sector such as IT & ITES, fuel the coated glass market. Moreover, increase in demand for decorative glass with digital prints and adoption of green building techniques and energy efficient technologies are driving the market. Demand from the seals and protective coatings market, owing to its sealing and scratch resistance properties, is one of the major drivers of the coated glass market. Rise in the adoption of renewable energy resources in emerging economies, has impelled the demand for coated glass, due to its properties such as efficient and optimum conductivity of heat and light makes it ideal for using into solar cells.

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Coated glass reflect unwanted UV and IR radiation, making them desirable for automotive applications where reduction in heat loads is critical, thus propelling the demand for coated glass from the automotive industry. However, problems associated with the coating such as damages on the coated glass products when exposed to air limits the product life, thereby restraining the coated glass market. Moreover, large energy expenditures, significant wastes which are resulting in environmental concerns and high costs of manufacturing due to their complex structures are some major factors which are hindering the growth of coated glass market.

On the basis of function, the coated glass market is classified into safety & security, solar control, optics & lightening, and others (insulation and packaging). In terms of production process, the coated glass market is segmented into pyrolytic or hard-coat and magnetron sputter vacuum deposition or soft-coat. Based on product type, the market is divided into low-E glass and heat reflective. In terms of applications, the market is segmented into architectural, electronics, automotive, optical, aerospace & defense, and sports & leisure.

Based on geography, the coated glass market is segmented into North America, Latin America, Asia Pacific, Europe, and Middle East & Africa. Asia Pacific is expected to dominate the coated glass market during the forecasted period followed by North America, which is one of the fastest expanding markets.

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Key players operating in the coated glass market are AGC Solar, Nippon Sheet Glass Company Ltd., Xinyi Solar Holdings Ltd., Sisecam Flat Glass, Borosil Glass Works Ltd, Hecker Glastechnik GmbH & Co.KG, Guardian Industries, and Saint Gobain.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

Customer Experience Maps

Insights and Tools based on data-driven research

Actionable Results to meet all the business priorities

Strategic Frameworks to boost the growth journey

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The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

North America

Asia Pacific

Europe

Latin America

The Middle East and Africa

Companies in the Coated Glass market have increasingly shifted gears with wide application of digital technology across the continuum, from raw material sourcing to manufacturing to generation of final output, to warehousing to final distribution operations. Among the various affects, the market is witnessing new growth economics due to thinning of line between specialty and commodity businesses that are associated with the larger ecosystem. At the same time, new growth parameters are being vigorously being debated as industry stakeholders put greater emphasis on the circular economy processes.

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[digitalfime]

Want to play the solar boom in India? This stock is your best bet

Want to play the solar boom in India? This stock is your best bet

MUMBAI: Borosil Renewables, India’s only solar glass manufacturer, could benefit from the imposition of 40 per cent customs duty on solar modules and 25 per cent on solar cells. The sharp increase in prices of photovoltaic glass (PV) due to high demand could also boost its share price, analysts said. The stock has rallied 56 per cent in the past one month and on Monday climbed 4 per cent in a…

[nandusontakkey]

Borosil Renewables share technical analysis | Trading for Beginners

[ainvestops]

Best stocks to buy: Up to 100% return in this sale season! The 5% stocks that have rallied right under your nose

Against the wind, I am going home again… It would be such a wonderful thing if you could hum such a song in times of coronavirus. A handful of stocks on Dalal Street are indeed doing such a thing amid this merciless bear hammering.

They are not only keeping their heads above water amid the ongoing global equity selloff, but have even managed to deliver positive returns on a year-to-date basis.

BSE benchmark Sensex has tanked more than 13,000 points in just one month, as fears of the coronavirus pandemic have spooked investor sentiment, triggering a massive fall in stocks.

Data available with Ace Equity showed only 5 per cent of BSE-listed stocks have managed to stay in positive on a year-to-date basis ever since the selloff started on February 19.

With a gain of over 150 per cent, Ruchi Soya Industries topped the chart. In fact, the scrip has climbed from Rs 46.10 on February 19 to trade at Rs 115.25 on March 19. The stock has been on secular bull run since November 2019 after NCLT approved Patanjali Ayurved’s bid to acquire the edible oil processor. The company had gone into insolvency in December 2017, which saw the stock plunge to Rs 3.32 in November last year.

Among others, YES Bank, Garnet Construction, Starteck Finance, Gujarat State Financial Corporation, NRB Industrial Bearings, DQ Entertainment, Qgo Finance, Magellanic Cloud and Suchitra Finance have gained between 40 per cent and 100 per cent during this period.

YES Bank shares turned highly volatile earlier this month after RBI took over its board and imposed a moratorium on its operations. The central bank in coordination with the government then implemented a restructuring package and lifted the moratorium on March 18. The private lender’s newly-appointed CEO Prashant Kumar says there is now absolutely no worry on the liquidity front. Moody’s has also upgraded its rating for the lender, helping the stock to swell.

The India Cements, Essar (India), BASF, KCD Industries, Gujarat Apollo Industries and Kavit Industries are other top gainers.

This, when none of the stocks that are part of the benchmark Sensex are in the positive on a year-to-date basis any more.

Some shares like Borosil Renewables, Tata Chemicals, Indiabulls Housing Finance, Alok Industries, Future Retail and Intellect Design have eroded 60-82 per cent market value in this period.

“This is probably a once-in-a-decade buying opportunity for investors,” says Jyoti Roy, Deputy Vice President and Equity Strategist at Angel Broking.

“Companies like Bata and Titan are looking attractive in the consumption space after the recent correction. However, the next two weeks to one month would be crucial for the market, considering the rising number of Covid-19 cases in the US,” she said.

Sahaj Agrawal, Head of Research- Derivatives at Kotak Securities, said the volatile swings may continue as India VIX remains elevated. “An immediate trend reversal in the market is unlikely, but a bounceback from here is highly probable. Long-term investors can consider accumulating shares gradually.”

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The post Best stocks to buy: Up to 100% return in this sale season! The 5% stocks that have rallied right under your nose appeared first on Invest Ops.

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[boldlykeenblizzard]

Best stocks to buy: Up to 100% return in this sale season! The 5% stocks that have rallied right under your nose

Against the wind, I am going home again… It would be such a wonderful thing if you could hum such a song in times of coronavirus. A handful of stocks on Dalal Street are indeed doing such a thing amid this merciless bear hammering.

They are not only keeping their heads above water amid the ongoing global equity selloff, but have even managed to deliver positive returns on a year-to-date basis.

BSE benchmark Sensex has tanked more than 13,000 points in just one month, as fears of the coronavirus pandemic have spooked investor sentiment, triggering a massive fall in stocks.

Data available with Ace Equity showed only 5 per cent of BSE-listed stocks have managed to stay in positive on a year-to-date basis ever since the selloff started on February 19.

With a gain of over 150 per cent, Ruchi Soya Industries topped the chart. In fact, the scrip has climbed from Rs 46.10 on February 19 to trade at Rs 115.25 on March 19. The stock has been on secular bull run since November 2019 after NCLT approved Patanjali Ayurved’s bid to acquire the edible oil processor. The company had gone into insolvency in December 2017, which saw the stock plunge to Rs 3.32 in November last year.

Among others, YES Bank, Garnet Construction, Starteck Finance, Gujarat State Financial Corporation, NRB Industrial Bearings, DQ Entertainment, Qgo Finance, Magellanic Cloud and Suchitra Finance have gained between 40 per cent and 100 per cent during this period.

YES Bank shares turned highly volatile earlier this month after RBI took over its board and imposed a moratorium on its operations. The central bank in coordination with the government then implemented a restructuring package and lifted the moratorium on March 18. The private lender’s newly-appointed CEO Prashant Kumar says there is now absolutely no worry on the liquidity front. Moody’s has also upgraded its rating for the lender, helping the stock to swell.

The India Cements, Essar (India), BASF, KCD Industries, Gujarat Apollo Industries and Kavit Industries are other top gainers.

This, when none of the stocks that are part of the benchmark Sensex are in the positive on a year-to-date basis any more.

Some shares like Borosil Renewables, Tata Chemicals, Indiabulls Housing Finance, Alok Industries, Future Retail and Intellect Design have eroded 60-82 per cent market value in this period.

“This is probably a once-in-a-decade buying opportunity for investors,” says Jyoti Roy, Deputy Vice President and Equity Strategist at Angel Broking.

“Companies like Bata and Titan are looking attractive in the consumption space after the recent correction. However, the next two weeks to one month would be crucial for the market, considering the rising number of Covid-19 cases in the US,” she said.

Sahaj Agrawal, Head of Research- Derivatives at Kotak Securities, said the volatile swings may continue as India VIX remains elevated. “An immediate trend reversal in the market is unlikely, but a bounceback from here is highly probable. Long-term investors can consider accumulating shares gradually.”

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[panchalpooja-blog]

Solar Photovoltaic Glass Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025

Solar photovoltaic glass is a technology that enables the conversion of light into electricity by incorporating transparent solar cells. In solar photovoltaic glass, solar cells are inserted between two sheets of glass panes and are used for photovoltaic applications in different forms. Solar photovoltaic glass is either of crystalline silicon or thin film form. In crystalline silicon solar cells, glass panes are ultra-clear figured glass, while the glass used for thin film solar cells is super clear float glass. Solar photovoltaic glass is designed to replace the traditionally used building materials in parts such as windows, rooftops, and fronts. This helps in creation of renewable energy through creative architectural design.

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Solar photovoltaic glass offers numerous benefits. It can be installed as part of a house. Furthermore, high temperature does not affect its performance. Solar photovoltaic glass also provides better insulation than standard glass. It is designed to reduce heat gain. The solar photovoltaic glass market is expected to expand significantly in the near future owing to the increase in the usage of renewable energy sources and implementation of stringent government regulations and policies concerning the adoption of clean energy. Governments of various countries are taking initiatives to encourage the adoption of viable energy for building materials this is anticipated to positively influence the solar photovoltaic glass market during the forecast period. Furthermore, energy generated by solar photovoltaic glass reduces greenhouse gas and carbon emissions and ensures energy cost savings. Increase in demand for power and lower costs associated with solar photovoltaic glass installations as compared to the conventional energy sources are estimated to offer lucrative opportunities for the solar photovoltaic glass market during the forecast period. Furthermore, increase in awareness about the benefits of renewable sources of energy and the growing need to limit carbon emission levels are projected to boost the market for solar photovoltaic glass during the forecast period.

High installation costs, increase in prices of raw materials, and need to purchase power conversion devices are factors hampering the solar photovoltaic glass market. Changing environmental conditions is another key restraint of the solar photovoltaic glass market. High technological costs in emerging regions is also likely to act as a barrier to market growth.

The solar photovoltaic glass market can be segmented based on technology module, type, and application. In terms of technology module, the solar photovoltaic glass market can be divided into crystalline silicon modules, amorphous silicon modules, thin film modules, and multi-junction modules. Based on type, the solar photovoltaic glass market can be classified into anti-reflective (AR) coated, tempered, transparent conductive oxide (TCO) coated, and others. In terms of application, the solar photovoltaic glass market can be segregated into residential, non-residential, and utility segments.

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Geographically, the solar photovoltaic glass market can be segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Asia Pacific led the global solar photovoltaic glass market in 2016. It is anticipated to be the dominant region during the forecast period, owing to high demand for solar photovoltaic glass in countries such as China, India, Japan, and South Korea. Favorable regulations in North America and Europe are also projected to create opportunities for the solar photovoltaic glass market in the region. Increase in investments to explore the potential of the solar photovoltaic glass in Middle East & Africa and Latin America is likely to propel the solar photovoltaic glass market in these regions.

Key players operating in the solar photovoltaic glass market include AGC Solar, Henan Huamei Cinda Industrial Co., Ltd., Borosil Glass Works Ltd., Hecker Glastechnik GmbH & Co. KG, Saint-Gobain Solar, Guangdong Golden Glass Technologies, Euroglas, Nippon Sheet Glass Co., Ltd., Sisecam Flat Glass, Taiwan Glass Ind. Corp., Xinyi Solar Holdings Ltd., and Emmvee Toughened Glass Private Limited.

[trendingnewz-blog]

Photovoltaic Transparent Glass Market Demand for Electricity Have Boosted Demand | 2024

Photovoltaic glass (PV glass) refers to a technology that enables the conversion of light into electricity. It is a typical glass with integrated solar cells that transform solar energy into electricity, generating power within the facade and roof of a building. These solar cells are embedded between two glass panes filled with special resin, securely wrapping them on all sides. Both individual cells have two electric connections which are linked to other cells in the module to form a system that generates direct electric current. Polycrystalline solar cells are mostly blue or opaque. They are made from poured silicon blocks and thereby inexpensive; however, they exhibit lower efficiency.

They are typically classified into three types: mono-crystalline, multi-crystalline, and amorphous. Mono-crystalline solar cells are blue or black, opaque, and highly efficient. They are made from silicon crystals through a complicated manufacturing process. Amorphous solar cells are non-crystalline in nature, transparent, and can be used as window glazing in regular windows and sunspaces. They can also be integrated into roofs. Transparent modules can also be a part of energy-efficient glazing, wherein they are used instead of regular glass.

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Increasing awareness about renewable energy and the rising demand for electricity have boosted the need for photovoltaic transparent glass. The electricity thus generated is expected to play a significant role in addressing the electricity-related issues in remote areas. The technology is anticipated to help electrify remote places where the supply of electricity is scarce. The integration of photovoltaic transparent glass systems with the automotive technology is likely to boost the efficiency of automobiles.

In terms of region, the global photovoltaic transparent glass market has been distributed over North America, Asia Pacific, Middle East & Africa, Europe, and Latin America. Europe dominated the global photovoltaic transparent glass market in 2016. Germany has been leading the region on account of its multiple photovoltaic glass installations. The global photovoltaic transparent glass market has been expanding at a significant rate for the last few years due to high government subsidies available in several countries. Asia Pacific is likely to expand due to the development of the renewable energy sector in the region. It is projected to be a rapidly expanding market for photovoltaic transparent glass during the forecast period. Latin America is also likely to expand substantially during the forecast period. The U.S. held a significant share in the photovoltaic transparent glass market in North America in 2016. The country is estimated to dominate the market in the region in the near future. 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.

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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.

[mountainghost-blog]

Global Technical Glass Market to Record Increase in Revenue by 2018-2026

Pegged at the global revenue of more than US$ 26 billion, technical glass sales are witnessing most of the revenue generation from consumer electronics.

A recently released intelligence outlook by Persistence Market Research forecasts that the global revenue through sales of technical glass will reach the peak of year on year growth in 2019.

Expanding at a robust rate, the global revenue through sales of technical glass will exceed US$ 26 Bn in 2019.

The total consumption volume will reach beyond 15,000 KT the same year.

“A visible paradigm shift to green building technology, coupled with government initiated regulations regarding the new construction of energy-efficient buildings and sustainable renovation of existing infrastructure, is providing a robust push to the sales of technical glass,” explains a senior research analyst at the comapny.

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Borosilicate to Discover Higher Applicability

Alkali-lead silicate glass is currently holding around a third of the total market value, whereas soda-lime accounts for over 35% share in the total market revenue.

The report projects soda-lime glass type, the most economical and preferred raw material, to gradually lose its market value share to the rapidly popularizing alkali-lead silicate glass owing to superior attributes of the latter.

Borosilicate glass type is also an important material segment, especially for technical and pharmaceutical applications, that has been projected for the highest year over year revenue growth of more than 8.5% in 2019.

Thin Glass Sales to Buckle up

By the form of technical glass, flat glass has been the top selling type worldwide, especially owing to substantial consumption by the pharmaceutical industry.

Attributed to escalating preference for flat glass in solar panels and touch panels, it remains the largest shareholder by form in technical glass landscape. Glass powder, and tubes & rods are identified to be the next important segments by form in terms of sales.

However, PMR indicates a huge incremental opportunity for thin film crystalline glass over the course of coming years. The brisk uptake in energy storage systems and solar panels operating on battery is likely to create a slew of business opportunities for thin glass manufacturers.

Consumer Electronics Continue to Host the Goldmine

With more than 40% share of the total market revenue at present, consumer electronics lead the pack of end use industries associated with technical glass landscape.

Widening adoption of technical glass as a primary raw material for display applications such as LED, OLED, and LCD enables the consumer electronics sector to secure the top consumer position in technical glass space.

Pharmaceuticals and laboratories also register significant consumption of technical glass, as reported by research, followed by the architectural design segment. The latter has been thriving at a faster pace in recent years, estimated for a just-under 9% year on year revenue growth to be achieved in 2019.

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China Remains Top Ranker in Regional Growth Bandwagon

With around 40% market value share at present, Chinese market is witnessing the most prominent boost to growth by soaring sales of borosilicate and soda-lime glass, which are cumulatively holding more than 70% share of the region’s market.

The mature market in China is however poised for around 10% yearly revenue growth in 2019, backed by a massive incremental opportunity.

APEJC’s market for technical glass is reportedly projected for attractive growth avenues in the near future. Whereas, MEA and Latin America remain the high growth-low volume regional markets for technical glass sales.

“As worldwide investors are looking up to the large-scale renewable energy production sector, solar is clearly the fastest growing clean energy technology alternative over others. China currently is a significant market for investors and providers of solar energy solutions, making the country a highly attractive territory for solar panel manufacturers and thereby, technical glass makers,” says the analyst.

Strategy Analysis through Competition Tracking

In a fairly consolidated competitive landscape of technical glass, the organized sector i.e. Tier 1 and Tier 2 players account for over 80% revenue share. Tier 1 companies dealing in technical glass such as Saint-Gobain, Nippon Sheet Glass Co., Ltd., Guardian Industries, and Corning Incorporated receive most of their revenue through the strong overseas sales network.

According to exclusive strategic insights by PMR,

Leading market players are signing long-term contractual deals with the key manufacturers and suppliers of technical glass materials.

As a part of their differentiation strategy, companies active in technical glass landscape are focusing on the diversification of material and service offerings, in addition to diversifying the service locations.

Competitive pricing is another vital factor for technical glass material manufacturers, against the industry’s longstanding concern regarding an expensive manufacturing set up.

Strategic expansion in high growth potential regions is trending among technical glass manufacturers looking forward to achieve global market presence at reduced transportation costs.

Post successful launch of new production facilities of Saint-Gobain at two locations in India, a majority of technical glass manufacturers are strategizing manufacturing facility expansion across Asia Pacific.

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Photovoltaic Transparent Glass Market Dynamics, Forecast, Analysis and Supply Demand -2024

Photovoltaic glass (PV glass) refers to a technology that enables the conversion of light into electricity. It is a typical glass with integrated solar cells that transform solar energy into electricity, generating power within the facade and roof of a building. These solar cells are embedded between two glass panes filled with special resin, securely wrapping them on all sides. Both individual cells have two electric connections which are linked to other cells in the module to form a system that generates direct electric current. Polycrystalline solar cells are mostly blue or opaque. They are made from poured silicon blocks and thereby inexpensive; however, they exhibit lower efficiency.

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They are typically classified into three types: mono-crystalline, multi-crystalline, and amorphous. Mono-crystalline solar cells are blue or black, opaque, and highly efficient. They are made from silicon crystals through a complicated manufacturing process. Amorphous solar cells are non-crystalline in nature, transparent, and can be used as window glazing in regular windows and sunspaces. They can also be integrated into roofs. Transparent modules can also be a part of energy-efficient glazing, wherein they are used instead of regular glass.

Increasing awareness about renewable energy and the rising demand for electricity have boosted the need for photovoltaic transparent glass. The electricity thus generated is expected to play a significant role in addressing the electricity-related issues in remote areas. The technology is anticipated to help electrify remote places where the supply of electricity is scarce. The integration of photovoltaic transparent glass systems with the automotive technology is likely to boost the efficiency of automobiles.

In terms of region, the global photovoltaic transparent glass market has been distributed over North America, Asia Pacific, Middle East & Africa, Europe, and Latin America. Europe dominated the global photovoltaic transparent glass market in 2016. Germany has been leading the region on account of its multiple photovoltaic glass installations. The global photovoltaic transparent glass market has been expanding at a significant rate for the last few years due to high government subsidies available in several countries. Asia Pacific is likely to expand due to the development of the renewable energy sector in the region. It is projected to be a rapidly expanding market for photovoltaic transparent glass during the forecast period. Latin America is also likely to expand substantially during the forecast period. The U.S. held a significant share in the photovoltaic transparent glass market in North America in 2016. The country is estimated to dominate the market in the region in the near future. 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.

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The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

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Photovoltaic Glass Market is reflective of a CAGR of 27.3% during the forecast period 2018 – 2026

Increasing focus on green energy brought about by a rising awareness of the current environmental depletion is shifting the focus of global governments towards renewable sources of energy for the generation of electricity. Solar energy generation is witnessing widespread acceptance across the world and this has created a positive impact on the market for solar technologies such as photovoltaic modules. According to a new research publication by Persistence Market Research, the long-term outlook on the global photovoltaic glass market is expected to remain positive, with the market value projected to increase from US$ 4,905.9 Mn in 2017 to a whopping US$ 41,757.3 Mn by the end of 2026. This is reflective of a CAGR of 27.3% during the forecast period 2018 – 2026.

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Opportunity Analysis of the Global Photovoltaic Glass Market Reveals Huge Untapped Opportunities for Manufacturers

The development of off-grid electricity systems presents huge growth opportunities for photovoltaic glass manufacturers. With over a billion of the world’s population having no access to electricity, off-grid technology is being looked upon as the most viable solution to resolving the electricity issues in deep pockets across key developing countries in the world. This includes provision of basic lighting and heating services to some of the remote corners of the world where grid connections are not feasible. Solar energy is a major source of renewable energy to deploy off-grid electricity systems and countries such as China and a few countries in the South East Asia Pacific region have leveraged the potential of small-scale solar technology applications to provide electricity to citizens in remote rural areas.

Integration of solar energy systems with power grids has metamorphosed from the simplified traditional unidirectional generator model transmitting and distributing power to consumers, to a more complex model with distributed generator systems in an electricity grid. Also, irregular phase alteration in renewable energy causes issues in grid balancing, requiring adequate storage of renewable energy from a technical standpoint.

Waste generated from photovoltaic glass is posing challenges to the environment and these need to be addressed in an effective manner. According to the International Energy Agency, management of photovoltaic panel waste could create an opportunity valued at over US$ 15 Bn by the end of FY 2050. This will necessitate the setting up of photovoltaic panels with a capacity of more than 4,500 GW by 2050. Needless to say, the revenue opportunity for manufacturers of photovoltaic glass is immense. Currently, Europe is the leader in photovoltaic waste management. Managing photovoltaic waste is essential especially considering scenarios where old photovoltaic panels can be recycled to manufacture new panels.

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Organized Sector Dominant in the Global Photovoltaic Glass Market

The global photovoltaic glass market is characterized by the presence of prominent Tier-1 and Tier-2 companies in the organized sector, which holds about 77% of the global market share. Increasing demand from end-use sectors is pushing key players to strategize speedy geographical expansion especially in developing economies. Some of the key market participants currently operating in the global photovoltaic glass market report include Asahi Glass Co., Ltd., Nippon Sheet Glass Co., Ltd, Hanergy Holding Group Limited, First Solar, Saint-Gobain, Flat Glass Group Co., Ltd., GUANGDONG GOLDEN GLASS TECHNOLIGIES LTD., Yingli Solar, TAIWAN GLASS IND. CORP., Xinyi Energy Holdings Limited, Borosil Glass Works Ltd. and Jinko Solar.

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