United States Solar Photovoltaic Glass Market with CAGR of 30.2% – openPR.com

Global Solar Photovoltaic Glass Market: A Report on Growth and Sustainability

Market Overview and Contribution to Sustainable Development Goals (SDGs)

The global Solar Photovoltaic (PV) Glass market is projected to experience a compound annual growth rate (CAGR) of 30.2% between 2024 and 2031. This expansion is intrinsically linked to the global pursuit of the United Nations Sustainable Development Goals (SDGs), particularly those focused on energy, climate, and sustainable infrastructure.

• SDG 7 (Affordable and Clean Energy): The market’s primary driver is the increasing global demand for solar energy. PV glass is a critical component that enhances the efficiency and durability of solar panels, directly contributing to the accessibility and viability of clean energy for all.
• SDG 11 (Sustainable Cities and Communities): Innovations such as building-integrated photovoltaics (BIPV) enable structures to generate their own clean energy through facades, skylights, and rooftops. This supports the development of sustainable, resilient, and energy-efficient urban environments.
• SDG 13 (Climate Action): By facilitating the widespread adoption of solar power, the PV glass market plays a crucial role in reducing global reliance on fossil fuels, thereby mitigating greenhouse gas emissions and combating climate change.
• SDG 9 (Industry, Innovation, and Infrastructure): Continuous advancements in PV glass technology, including bifacial and anti-reflective coatings, represent significant industrial innovation. The expansion of manufacturing capacity for these products strengthens the renewable energy infrastructure essential for a sustainable future.

Market Drivers and Technological Advancements

Primary Growth Factors

The market’s robust growth is propelled by several factors aligned with global sustainability targets:

1. Rising Demand for High-Efficiency Solar Panels: Increased adoption of solar energy in residential, commercial, and utility-scale projects necessitates advanced PV glass to maximize energy conversion.
2. Government Policies and Incentives: Supportive renewable energy policies and financial incentives are accelerating the transition to clean energy, directly boosting demand for solar components.
3. Technological Innovation: Advancements in tempered, low-iron, anti-reflective, and bifacial glass are improving panel efficiency, lifespan, and performance, making solar energy more competitive and contributing to SDG 9.
4. Investment in Renewable Infrastructure: Growing global investments in clean energy projects, especially in emerging markets, create significant opportunities for the PV glass sector.

Recent Industry Developments and Regional Contributions to SDGs

United States

Recent developments in the U.S. underscore a commitment to SDG 7 and SDG 9 by enhancing domestic renewable energy capacity and innovation.

• First Solar (October 2025): Launched advanced PV glass with higher light transmittance, improving energy conversion efficiency for utility-scale projects.
• Corning (September 2025): Introduced tempered PV glass for BIPV, accelerating clean energy adoption in buildings and supporting SDG 11.
• Guardian Glass (August 2025): Expanded production of bifacial solar glass, improving energy yield and strengthening U.S. green energy manufacturing.
• Saint-Gobain (July 2025): Launched anti-reflective PV glass to increase light capture, enhancing the efficiency of large-scale solar infrastructure.

Japan

Japan’s industry advancements focus on integrating renewable energy into urban environments and improving energy security, aligning with SDG 7, SDG 11, and SDG 13.

• Asahi Glass (AGC) (October 2025): Launched high-transparency PV glass for BIPV, supporting Japan’s renewable energy targets and urban sustainability.
• Nippon Sheet Glass (September 2025): Introduced durable, weather-resistant PV glass for utility-scale farms, strengthening national solar infrastructure.
• Mitsubishi Chemical Corporation (August 2025): Developed bifacial PV glass to increase electricity generation, supporting Japan’s push for high-efficiency renewable solutions.
• Kyocera (July 2025): Launched anti-reflective solar glass to maximize sunlight capture, contributing to national carbon reduction goals.

Market Segmentation Analysis

By Photovoltaic Cell Type

The market is segmented by cell technology, each contributing differently to the clean energy transition.

• Monocrystalline: Dominates due to high efficiency, ideal for space-constrained applications.
• Multicrystalline: Widely used for its cost-effectiveness.
• Amorphous and Thin-Film: Gaining traction for flexible BIPV applications, crucial for SDG 11.

By Application

Applications are increasingly focused on integrating energy generation into the built environment, a key tenet of SDG 11.

• Roof Integration: The leading application for seamless energy generation.
• Facades, Skylights, and Curtain Walls: Growing segments driven by BIPV adoption in modern, sustainable architecture.
• Canopies and Carports: Expanding in commercial and public infrastructure to provide on-site power generation.

By End-User

Adoption across sectors highlights a broad-based shift towards decentralized clean energy generation.

• Commercial Buildings: The dominant segment, driven by large-scale installations and corporate sustainability goals.
• Residential Buildings: A rapidly growing segment as homeowners adopt sustainable energy solutions.
• Industrial Buildings: A substantial segment where solar integration helps reduce operational costs and meet ESG targets.

Regional Outlook and Sustainability Commitments

Geographic Market Distribution

• Europe (≈28% share): Leads the market, driven by stringent net-zero building policies and energy efficiency directives that promote BIPV, directly supporting SDG 11 and SDG 13.
• North America (≈27% share): A strong market fueled by supportive renewable energy policies and incentives for solar technology in construction, advancing SDG 7.
• Asia Pacific (≈25% share): Exhibits rapid growth due to large-scale manufacturing, government subsidies, and the adoption of renewable building technologies in its expanding construction sector.
• Latin America (≈10% share): Shows promising growth as countries expand solar infrastructure and diversify their energy mix to achieve clean energy goals.
• Middle East & Africa (≈10% share): An emerging market with significant solar potential, driven by green building projects and national sustainability initiatives like Saudi Arabia’s Vision 2030.

Major Market Players

Key Industry Stakeholders

• AGC Solar
• Nippon Sheet Glass Co., Ltd.
• Taiwan Glass Ind. Corp.
• Xinyi Solar Holdings Ltd.
• Sisecam Flat Glass
• Guardian Glass
• Saint-Gobain Solar
• Borosil Glass Works Ltd.
• Henan Huamei Cinda Industrial Co., Ltd
• Guangfeng Solar Glass

Analysis of Sustainable Development Goals in the Article

1. Which SDGs are addressed or connected to the issues highlighted in the article?

The article on the Solar Photovoltaic (PV) Glass market connects to several Sustainable Development Goals (SDGs) by focusing on the advancement and adoption of solar energy technology. The primary SDGs addressed are:

• SDG 7: Affordable and Clean Energy: The entire article is centered on solar energy, a key source of clean and renewable power. It discusses innovations that make solar energy more efficient and accessible for residential, commercial, and utility-scale use.
• SDG 9: Industry, Innovation, and Infrastructure: The text highlights technological advancements, new product launches (e.g., bifacial and anti-reflective glass), and the expansion of solar manufacturing capacity. This relates directly to building resilient infrastructure and fostering innovation.
• SDG 11: Sustainable Cities and Communities: The article discusses Building-Integrated Photovoltaics (BIPV) for rooftops, facades, and skylights, which contributes to creating sustainable buildings and urban environments that generate their own clean energy.
• SDG 13: Climate Action: By promoting a critical component of solar panels, the article addresses a core strategy for combating climate change. The adoption of solar energy is essential for reducing carbon emissions, as mentioned in the context of Japan’s “carbon reduction goals.”
• SDG 12: Responsible Consumption and Production: The article touches upon improving energy efficiency, increasing module lifespan, and the “increasing focus on sustainability, recycling, and eco-friendly manufacturing processes,” which align with sustainable production patterns.

2. What specific targets under those SDGs can be identified based on the article’s content?

Based on the article’s content, the following specific SDG targets can be identified:

1. Target 7.2: By 2030, increase substantially the share of renewable energy in the global energy mix.
   • Explanation: The article’s core theme is the growth of the solar PV glass market, driven by the “increasing adoption of solar energy in residential, commercial, and utility-scale projects.” This directly supports increasing the proportion of renewable energy.
2. Target 7.a: By 2030, enhance international cooperation to facilitate access to clean energy research and technology… and promote investment in energy infrastructure and clean energy technology.
   • Explanation: The article mentions “rising global investments in renewable energy infrastructure, particularly in emerging markets” and “collaborations between PV glass manufacturers, solar module producers, and research institutions,” which reflects this target.
3. Target 9.4: By 2030, upgrade infrastructure and retrofit industries to make them sustainable, with increased resource-use efficiency and greater adoption of clean and environmentally sound technologies.
   • Explanation: The development of advanced PV glass that “enhances energy conversion efficiency,” “improves overall energy yield,” and is used in BIPV for sustainable buildings directly contributes to upgrading infrastructure with clean technologies.
4. Target 9.5: Enhance scientific research, upgrade the technological capabilities of industrial sectors in all countries… encouraging innovation.
   • Explanation: The article is replete with examples of innovation, such as First Solar’s “advanced PV glass,” Corning’s “tempered PV glass for BIPV,” and Mitsubishi’s “bifacial PV glass,” demonstrating enhanced research and technological capabilities in the industry.
5. Target 11.6: By 2030, reduce the adverse per capita environmental impact of cities.
   • Explanation: The application of PV glass in “roof integration, skylight, facades, sunshade, curtain wall” in commercial and residential buildings helps reduce a city’s environmental footprint by enabling on-site clean energy generation.
6. Target 13.2: Integrate climate change measures into national policies, strategies and planning.
   • Explanation: The market’s growth is explicitly linked to “Government incentives, renewable energy policies,” “Japan’s renewable energy targets,” and “stringent energy efficiency directives and net-zero building policies” in Europe, showing the integration of climate action into national planning.

3. Are there any indicators mentioned or implied in the article that can be used to measure progress towards the identified targets?

The article implies several indicators that can be used to measure progress towards the identified targets:

• Indicator for Target 7.2: The projected market growth (“to grow at a CAGR of 30.2%”) and the increasing adoption across residential, commercial, and industrial sectors serve as a proxy for the Renewable energy share in the total final energy consumption.
• Indicator for Target 7.a: The mention of “rising global investments in renewable energy infrastructure, particularly in emerging markets” implies the indicator of International financial flows to developing countries in support of clean energy.
• Indicator for Target 9.4: Improvements in “energy conversion efficiency,” “electricity output,” and overall panel performance are direct measures of progress. These can be seen as proxies for the indicator CO2 emission per unit of value added.
• Indicator for Target 9.5: The continuous launch of new and advanced products by companies like First Solar, Corning, AGC, and Saint-Gobain implies significant Research and development expenditure within the industry, even if specific figures are not provided.
• Indicator for Target 11.6: The growing market for BIPV applications (facades, roofs, skylights) in urban settings implies an increase in the Proportion of urban solid waste regularly collected and with adequate final discharge out of total urban solid waste generated, by cities, by reducing the reliance on centralized, often fossil-fuel-based, power generation. More directly, it contributes to cleaner air and a lower carbon footprint for cities.
• Indicator for Target 13.2: The article’s reference to “Government incentives, renewable energy policies,” and specific national/regional goals (e.g., in the U.S., Japan, and Europe) points to the indicator of the Number of countries that have communicated the establishment or operationalization of an integrated policy/strategy/plan for climate action.

4. Summary Table of SDGs, Targets, and Indicators

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