NanoMarkets
believes that the value of the coatings, glass and other materials
used by the smart windows sector will grow to around $ 770 million by
2021.
Glen
Allen, Virginia (December 12, 2013) -- Revenues from smart
windows in buildings and vehicles are growing and according to a new
report from NanoMarkets, an industry analysis firm, the value of the
coatings, glass and other materials used by the smart (i.e.,
self-tinting) windows sector will be almost $ 545 million by 2019
growing to around $ 770 million by 2021. For more information on the
report, "Smart Windows Materials Markets" please visit:
http://www.nanomarkets.net/market_reports/report/smart_windows_materials_markets_2014_2021.
NanoMarkets
has issued previous reports on smart windows, smart auto glass and
mirrors within the past year. See
http://www.nanomarkets.net/glass_glazing.
About
the report:
In
the past five years or so, smart (i.e. self-dimming) windows have
taken off in both residential and commercial building markets. They
are also increasingly used in automobiles and trucks. There are
several different smart windows technologies, but all of them are
materials plays in one way or another. NanoMarkets believes that, as
a result, there are important opportunities for materials firms that
are emerging from the smart windows "revolution."
In
this report NanoMarkets discusses the opportunities for materials in
smart windows and mirrors using electrochromic, photochromic,
thermochromic, PDLC, SPD and microblinds. The forecasts and analysis
cover not only the active smart materials used in these technologies,
but also the substrate materials; both plastic and glass. The report
contains revenue and volume (area) forecasts for each smart windows
technology with breakouts by film, glass and coatings.
In
addition, this report analyzes a number of different business models
being used in the smart windows sector and shows how materials play
into the total smart windows value chain. We also discuss the role of
technology licensing, as well as direct supply of smart coatings and
other materials to glass and windows firms.
The
report also analyzes the materials-related strategies of leading
firms in this space including: 3M, Asahi Glass, BASF, Chameleon
Photochromic Smart Film, Chromogenics Coolkote, Corning, DuPont,
Eastman Chemical/Solutia, GE, Gentex, Guardian Industries, Hitachi,
NDFOS, NSG, Pleotint, PPG, Ravenbrick, Research Frontiers, Sage,
Saint-Gobain, Scienstry, Southwall, Solvay, Suntek, SWITCH Materials,
Toray, Transition Window Tint, US e-Chromics, and View.
From
the report:
Electrochromic
smart windows (including glass and film) will reach $445 million by
2019 making electrochromics the largest segment of the entire smart
windows business. NanoMarkets believes this may have much to do with
the fact that this sector can boast significant investment by
influential firms such as Corning, GE and Saint-Gobain, and Seagate.
Alternatives to the electrochromic materials platform do not have the
same level of clout behind them.
Smart
windows materials platforms that are alternatives to electrochromics
may have a struggle ahead but can ultimately survive as niche
technologies, successful in certain niches, primarily because of
their price, switching speeds or suitability for use in privacy
glass. For example, it is widely acknowledged that PDLC will be used
almost exclusively for privacy glass. However, from the perspective
of specialty chemical companies, these
non-electrochromic
technologies represent only limited opportunities. They will consume
relatively small amounts of active materials and will not be worth
large investments.
Until
smart windows technology fully matures, NanoMarkets believes the
specialty chemical companies will bide their time, merely supplying
research quantities of active materials to smart windows firms and
not supporting any one kind of materials platform. By contrast the
glass/film companies can be "arms dealers" and sell to all
"sides," benefitting from the growth of smart windows as a
whole. NanoMarkets expects the smart windows sector to consume $220
million in glass and film by 2019.
About
NanoMarkets:
NanoMarkets
tracks and analyzes emerging markets in energy, electronics and other
area created by developments in advanced materials. The firm is a
recognized leader in industry analysis and forecasts in the specialty
chemicals industry and has been covering the smart windows sector for
five years.
Visit
http://www.nanomarkets.net
for a full listing of NanoMarkets' reports and other services.
Media
Contact:
Robert
Nolan
NanoMarkets,
LC
PO
BOX 3840
Glen
Allen, VA 23058
(804)
938-0030
