The global self-cleaning glass market is projected to grow from an estimated $99.1 million in 2018 to $122.7 million by 2023, increasing at a CAGR of 4.4%, according to a report available from Research and Markets. The growth of the construction industry is the major factor driving the self-cleaning glass market, as is the low lifetime cost of self-cleaning glass. Reduced costs for labor and detergent otherwise required to wash the glass reduces the lifetime cost of self-cleaning glass. Increasing demand for self-cleaning glass for use on solar panels offers another opportunity for growth.
The residential construction application segment is projected to be the fastest-growing application of the self-cleaning glass market from 2018-2023. The growth of this segment can be attributed to the overall growth of the global construction industry, as well as increasing demand for self-cleaning glass in conservatories and rooftops.
