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<span class="tdb-weather-deg">6.8</span> <span class="tdb-weather-unit">C</span> </div> <div class="tdb-weather-city">Berlin</div> </div></div> </div></div><div class="vc_column tdi_32 wpb_column vc_column_container tdc-column td-pb-span4"> <style scoped>.tdi_32{vertical-align:baseline}.tdi_32>.wpb_wrapper,.tdi_32>.wpb_wrapper>.tdc-elements{display:block}.tdi_32>.wpb_wrapper>.tdc-elements{width:100%}.tdi_32>.wpb_wrapper>.vc_row_inner{width:auto}.tdi_32>.wpb_wrapper{width:auto;height:auto}</style><div class="wpb_wrapper" ><div class="td_block_wrap tdb_header_logo tdi_33 td-pb-border-top td_block_template_1 tdb-header-align" data-td-block-uid="tdi_33" > <style>.tdi_33{margin-bottom:-5px!important}@media (min-width:768px) and (max-width:1018px){.tdi_33{margin-bottom:0px!important}}</style> <style>.tdi_33 .tdb-logo-a,.tdi_33 h1{flex-direction:row}.tdi_33 .tdb-logo-a,.tdi_33 h1{align-items:center;justify-content:center}.tdi_33 .tdb-logo-svg-wrap{display:block}.tdi_33 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(max-width:1018px){.tdi_65{width:calc(100% - 230px)!important}}@media (max-width:767px){.tdi_65{width:100%!important}}</style><div class="wpb_wrapper" ><div class="td_block_wrap tdb_single_categories tdi_66 td-pb-border-top td_block_template_1 " data-td-block-uid="tdi_66" > <style>@media (min-width:1019px) and (max-width:1140px){.tdi_66{margin-bottom:0px!important}}@media (min-width:768px) and (max-width:1018px){.tdi_66{margin-bottom:0px!important}}@media (max-width:767px){.tdi_66{margin-bottom:0px!important}}</style> <style>.tdb_single_categories{margin:0 0 10px 0;line-height:1;font-family:'Open Sans','Open Sans Regular',sans-serif}.tdb_single_categories a{pointer-events:auto;font-size:10px;display:inline-block;margin:0 5px 5px 0;line-height:1;color:#fff;padding:3px 6px 4px 6px;white-space:nowrap;position:relative;vertical-align:middle}.tdb_single_categories a:hover .tdb-cat-bg{opacity:0.9}.tdb_single_categories a:hover .tdb-cat-bg:before{opacity:1}.tdb-category 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href="https://www.solarbeglobal.com/category/allnews/markets_policy/market/" ><span class="tdb-cat-bg"></span>Market Dynamics</a></div></div><div class="td_block_wrap tdb_title tdi_67 tdb-single-title td-pb-border-top td_block_template_1" data-td-block-uid="tdi_67" > <style>.tdi_67{margin-bottom:3px!important;padding-top:10px!important;padding-bottom:0px!important}@media (max-width:767px){.tdi_67{margin-bottom:0px!important}}</style> <style>.tdb_title{margin-bottom:19px}.tdb_title.tdb-content-horiz-center{text-align:center}.tdb_title.tdb-content-horiz-center .tdb-title-line{margin:0 auto}.tdb_title.tdb-content-horiz-right{text-align:right}.tdb_title.tdb-content-horiz-right 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.tdb-title-text{font-family:Gelasio!important;line-height:1.1!important;font-weight:600!important}@media (min-width:1019px) and (max-width:1140px){.tdi_67 .tdb-title-text{font-size:30px!important}}@media (min-width:768px) and (max-width:1018px){.tdi_67 .tdb-title-text{font-size:24px!important}}@media (max-width:767px){.tdi_67 .tdb-title-text{font-size:26px!important}}</style><div class="tdb-block-inner td-fix-index"><h1 class="tdb-title-text">China’s dominance in solar PV glass expected to decline</h1><div></div><div class="tdb-title-line"></div></div></div><div class="vc_row_inner tdi_70 vc_row vc_inner wpb_row td-pb-row" > <style scoped>.tdi_70{position:relative!important;top:0;transform:none;-webkit-transform:none}.tdi_70,.tdi_70 .tdc-inner-columns{display:block}.tdi_70 .tdc-inner-columns{width:100%}@media (min-width:768px){.tdi_70{margin-left:-0px;margin-right:-0px}.tdi_70>.vc_column_inner,.tdi_70>.tdc-inner-columns>.vc_column_inner{padding-left:0px;padding-right:0px}}</style><div class="vc_column_inner tdi_72 wpb_column vc_column_container tdc-inner-column td-pb-span6"> <style scoped>.tdi_72{vertical-align:baseline}.tdi_72 .vc_column-inner>.wpb_wrapper,.tdi_72 .vc_column-inner>.wpb_wrapper .tdc-elements{display:block}.tdi_72 .vc_column-inner>.wpb_wrapper .tdc-elements{width:100%}.tdi_72{padding-top:10px!important}@media (min-width:768px) and (max-width:1018px){.tdi_72{padding-top:5px!important;width:100%!important}}</style><div class="vc_column-inner"><div class="wpb_wrapper" ><div class="td_block_wrap tdb_single_author tdi_73 td-pb-border-top td_block_template_1 tdb-post-meta" data-td-block-uid="tdi_73" > <style>@media (min-width:768px) and (max-width:1018px){.tdi_73{margin-top:1px!important}}@media (max-width:767px){.tdi_73{margin-top:1px!important}}</style> <style>.tdb-post-meta{margin-bottom:16px;color:#444;font-family:'Open Sans','Open Sans Regular',sans-serif;font-size:11px;font-weight:400;clear:none;vertical-align:middle;line-height:1}.tdb-post-meta span,.tdb-post-meta i,.tdb-post-meta time{vertical-align:middle}.tdb_single_author{line-height:30px}.tdb_single_author a{vertical-align:middle}.tdb_single_author .tdb-block-inner{display:flex;align-items:center}.tdb_single_author .tdb-author-name-wrap{display:flex}.tdb_single_author .tdb-author-name{font-weight:700;margin-right:3px}.tdb_single_author .tdb-author-by{margin-right:3px}.tdb_single_author .tdb-author-photo img{display:block}.tdi_73{display:inline-block}.tdi_73 .tdb-author-name-wrap{align-items:baseline}.tdi_73 .tdb-author-by{margin-right:5px;font-size:13px!important;line-height:20px!important;font-style:italic!important;font-weight:400!important}.tdi_73 .avatar{width:20px;height:20px;margin-right:6px;border-radius:50%}.tdi_73 .tdb-author-name{color:#000;font-size:13px!important;line-height:20px!important;font-style:italic!important;font-weight:600!important}</style><div class="tdb-block-inner td-fix-index"><div class="tdb-author-name-wrap"><span class="tdb-author-by">By</span> <a class="tdb-author-name" href="https://www.solarbeglobal.com/author/wangwei/">Vera Wang</a></div></div></div><div class="td_block_wrap tdb_single_date tdi_74 td-pb-border-top td_block_template_1 tdb-post-meta" data-td-block-uid="tdi_74" > <style>.tdi_74{margin-left:10px!important}</style> <style>.tdb_single_date{line-height:30px}.tdb_single_date a{vertical-align:middle}.tdb_single_date .tdb-date-icon-svg{position:relative;line-height:0}.tdb_single_date svg{height:auto}.tdb_single_date svg,.tdb_single_date svg *{fill:#444}.tdi_74{display:inline-block;font-family:Source Sans Pro!important;font-size:13px!important;line-height:20px!important;font-style:italic!important;font-weight:400!important}.tdi_74 svg{width:14px}.tdi_74 .tdb-date-icon{margin-right:5px}</style><div class="tdb-block-inner td-fix-index"><time class="entry-date updated td-module-date" datetime="2024-07-01T14:51:42+08:00">07/01/2024</time></div></div> <div class="td_block_wrap 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.tdc-placeholder-title:before{position:absolute;top:50%;-webkit-transform:translateY(-50%);transform:translateY(-50%);margin:auto;display:table;width:100%}.tdb_single_content .tdb-block-inner.td-fix-index{word-break:break-word}.tdi_79 .tdb-block-inner{max-width:700px;margin-left:auto;margin-right:auto}.tdi_79,.tdi_79>p,.tdi_79 .tdb-block-inner>p{font-size:20px!important}.tdi_79 h1{font-weight:600!important}.tdi_79 h2{font-weight:600!important}.tdi_79 h3:not(.tds-locker-title){font-weight:600!important}.tdi_79 h5{font-size:22px!important}.tdi_79 li{font-size:16px!important}.tdi_79 li:before{margin-top:1px;line-height:16px!important}.tdi_79 h1,.tdi_79 h2,.tdi_79 h3:not(.tds-locker-title),.tdi_79 h4,.tdi_79 h5,.tdi_79 h6{color:#4c4084}.tdi_79 a{color:#dd9933}.tdi_79 a:hover{color:#4c4084}@media (max-width:767px){.tdb_single_content .id_ad_content-horiz-left,.tdb_single_content .id_ad_content-horiz-right,.tdb_single_content .id_ad_content-horiz-center{margin:0 auto 26px auto}}@media (max-width:767px){.tdb_single_content .id_ad_content-horiz-left{margin-right:0}}@media (max-width:767px){.tdb_single_content .id_ad_content-horiz-right{margin-left:0}}@media (max-width:767px){.tdb_single_content .td-a-ad{float:none;text-align:center}.tdb_single_content .td-a-ad img{margin-right:auto;margin-left:auto}.tdb_single_content .tdc-a-ad{float:none}}@media (max-width:767px){.tdi_79,.tdi_79>p,.tdi_79 .tdb-block-inner>p{line-height:1.5!important}}</style><div class="tdb-block-inner td-fix-index"> <p>China’s dominance of the global solar PV glass market is set to diminish in the coming years. Zheng Tianhong, an analyst at Shanghai Metals Market (SMM), indicates that export restrictions and the growth of overseas production will reduce China’s market share from 93% in 2023 to 90% by 2025.</p> <figure class="wp-block-image size-full"><img fetchpriority="high" decoding="async" width="800" height="450" src="https://www.solarbeglobal.com/wp-content/uploads/2024/07/pv-glass-光伏玻璃-edited.jpg" alt="China's dominance in solar PV glass expected to decline" class="wp-image-55665" srcset="https://www.solarbeglobal.com/wp-content/uploads/2024/07/pv-glass-光伏玻璃-edited.jpg 800w, https://www.solarbeglobal.com/wp-content/uploads/2024/07/pv-glass-光伏玻璃-edited-300x169.jpg 300w, https://www.solarbeglobal.com/wp-content/uploads/2024/07/pv-glass-光伏玻璃-edited-768x432.jpg 768w, https://www.solarbeglobal.com/wp-content/uploads/2024/07/pv-glass-光伏玻璃-edited-150x84.jpg 150w, https://www.solarbeglobal.com/wp-content/uploads/2024/07/pv-glass-光伏玻璃-edited-696x392.jpg 696w, https://www.solarbeglobal.com/wp-content/uploads/2024/07/pv-glass-光伏玻璃-edited-747x420.jpg 747w" sizes="(max-width: 800px) 100vw, 800px" /></figure> <div style="height:48px" aria-hidden="true" class="wp-block-spacer"></div> <p>By 2025, global PV glass production capacity is expected to reach 167,800 tons per day, with a compound annual growth rate (CAGR) of 23.23%. As of 2023, the production capacity stands at 110,500 tons per day, dominated by China due to its competitive advantages in energy costs, raw materials, and labor. The concentration of downstream module production in China further supports this dominance.</p> <p>However, increasing international restrictions on Chinese products are pushing Chinese glass companies to expand abroad. This trend is anticipated to boost overseas production capacity, reducing China’s global market share to 90% by 2025.</p> <p>Overseas PV glass production has been rapidly increasing, driven by abundant resources and favorable policies. Key production hubs include Vietnam, Malaysia, and India, where raw materials are affordable and accessible. Proximity to downstream module manufacturers also facilitates this growth.</p> <p>Future capacity expansions are expected in regions with significant module manufacturing, as well as in rapidly developing PV markets in Europe and North America. New production facilities are also planned for Canada and the Middle East.</p> <h3 class="wp-block-heading">China PV Glass Price Trends and Forecast</h3> <p>In 2024, PV glass prices in China are expected to follow a flattened M-shaped curve. Price peaks are anticipated at the end of Q2 and Q4, driven by heightened demand for module installations.</p> <p>From June to August 2024, prices are projected to decline. In June, weakened demand for modules and rising glass inventory levels are expected to lead to price drops. Although some glass companies have offered discounts to reduce inventory, the overall price trend will likely be downward.</p> <p>In July, prices are expected to fall further as module demand remains low, while new glass production lines increase supply. The intense pressure from module manufacturers to lower prices will also contribute to this decline. August is expected to see prices reach their lowest point of the year.</p> <p>From September to December 2024, prices are likely to rise due to strong year-end demand for installations. By November, module manufacturers will have mostly replenished their inventories. However, as new production capacities come online, supply pressure will increase, heightening the risk of price drops. Overall, the trend will show an initial rise followed by a subsequent fall.</p> </div></div><div class="td_block_wrap tdb_single_tags tdi_82 td-pb-border-top td_block_template_1" data-td-block-uid="tdi_82" > <style>.tdb_single_tags{margin-bottom:2px;font-family:'Open Sans','Open Sans Regular',sans-serif;font-weight:600}.tdb_single_tags span,.tdb_single_tags a{font-size:11px}.tdb_single_tags span{text-transform:uppercase}.tdb_single_tags a:hover{background-color:var(--td_theme_color,#4db2ec);border-color:var(--td_theme_color,#4db2ec);color:#fff}.tdb_single_tags ul{display:inline-block;margin:0;list-style-type:none;font-size:0}.tdb_single_tags li{display:inline-block;margin-left:0}.tdi_82 span{margin-right:4px;padding:2px 8px 3px;color:#fff;background-color:#222;font-size:12px!important}.tdi_82 a{margin-right:4px;padding:1px 7px 2px;border:1px solid #ededed;color:#111;font-size:15px!important;font-style:italic!important}@media (min-width:1019px) and (max-width:1140px){.tdi_82 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