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Indian solar glass continues to grow at a phenomenal rate and is expected to reach a valuation of nearly $1 billion by 2028 at a CAGR of 9.2% (Kompass report). The demand for solar energy has outpaced domestic production due to government initiatives and the growing solar energy industry, resulting in a surge in investment and the rise of new players like Vishakha Renewables challenging established players like Borosil Renewables.

Considering the huge investment that has been made in the solar industry and the long pipeline of solar projects that are planned, it is obvious that solar glass production in India is a lucrative enterprise for the glass industry. In his report, Yogender Singh Malik discusses the solar glass industry and market in India, pointing to escalating environmental concerns and the rapid development of renewable energy sources as the key factors driving the growth of this market. In light of these grounds facts and indeed market predictions, it might be fair to say that India’s market for solar glass is in a good position and one that is likely to pay off in the near and long term.

Consumers and manufacturers alike can both reduce costs and carbon footprints by recycling glass waste from used containers, not only because it is an environmental issue but also because it offers an opportunity to reduce costs. In recent years, there have been rapid increases in environmental consciousness and urbanisation in Asia, which has resulted in the growth of the recycling market.

It has become increasingly important for governments and businesses in the region to focus on sustainable development goals in order to enhance recycling infrastructure and reduce rubbish. Though container glass reuse and recycling is not as advanced in most parts of Asia as it is in Europe and the US, the region, according to Rohan Gunasekera, presents tremendous potential for the glass recycling industry to thrive for the specific factors mentioned here and he believes it will benefit both society and business.

There has been a substantial increase in demand for float glass in Vietnam during the last two decades, as a result of the country’s steady economic expansion, which in turn stimulated the demand for raw and processed flat glass in the construction sector and other sectors of the economy. While conventional float lines have been experiencing a slowed demand since COVID-19 and conflict in East Europe and West Asia, Vietnam continues to manufacture energy-saving glasses and solar glasses due to strong demand at home and abroad.

Today, Vietnam has become one of the largest producers of float glass in ASEAN and Asia Pacific due to its higher consumption of float glass in recent decades.

A number of factors are driving this growth in the Vietnam float glass market, underlining its crucial role in a wide range of industries, writes Jahir Ahmed in an incisive report on this industry in the country.

A growing demand for energy-saving green buildings in the Middle East has led to fierce competition among the world’s leading solar and energy-saving glass fabricators for a share of the $12 billion a year market for coated glass and glass facades, currently one of the fastest-growing markets worldwide. According to Jahir Ahmed, this is a significant development in that region, and it offers a number of opportunities for those in the coated glass and glass facade markets.

Since its establishment in 2008, Sphinx Glass has become one of Egypt and the MENA’s fastest-growing float glass producers, having large market shares in architectural, automotive, and silvering segments. Asian Glass spoke exclusively to Mohamed Khattab, the CEO of Sphinx Glass, about the company’s business policies and what it has planned for the future.