Solar glass is likely to find its high demand owing to the ongoing investments from state and private companies in the green energy sector. The escalating importance of solar glass in India’s green energy sector clearly shows us one thing. What are the Key Drivers of Growth in the Solar Glass Market?
Known for their innovative technology and commitment to quality, Vishakha is helping power India’s push towards cleaner energy. They provide solar glass that enhances the efficiency of solar panels, making them a trusted choice in the market. Asahi India Glass Ltd. (AIS) is another prominent player in the solar glass industry.
By 2023, the solar glass market in India is expected to reach a respectable 474.2 thousand tonnes. This, however, is only an initial expectation.A sharply positive annual growth rate of 8.03% is predicted for the period between 2024 and 2032, doubling the market to 970.3 thousand tonnes by 2032.
Some of the existing large players are global companies and already have a good presence in solar glass outside India. Globally, from the technology perspective, they already had that technology but then the module production itself was in a very nascent stage in India.
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