The Glass Industry Faces a ~15% Price Hike: What''s Behind the
Starting September 9th, you will notice a roughly 10% increase in the quotes we provide. This adjustment reflects the increased costs we are incurring due to the higher glass prices. We
Government rules that are favorable to the development of solar PV plants is one of the factors driving the growth of the solar PV glass market. Additionally, the market for solar PV glass is growing due to the surge in demand for solar systems on a residential, commercial, and utility scale.
These shifts together position the solar photovoltaic glass market for resilient growth throughout the decade. By glass type, anti-reflective coatings led with a 57% solar photovoltaic glass market share in 2024, while TCO glass is projected to expand at 22.46% CAGR through 2030.
Based on type the solar glass market is classified as 3.2mm, 2.5mm, 2.0mm and others. Based on application the solar glass market is classified as single glass module, double glass module and others. "Various Green Benefits and Hazardous Eliminations to Double the Market Share"
With global energy prices on the rise, driven by geopolitical tensions and supply chain disruptions, the cost to operate these plants has surged. As energy costs account for a significant portion of production expenses, this increase directly impacts the final price of glass products.
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