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Flat Glass Coatings Market Size, Share Global Analysis Report, 2020–2026
Flat Glass Coatings Market By Type (Polyurethane, Epoxy, Acrylic, Others), By Technology (Solvent-Based, Water-Based, and Nano Coatings), and By Application (Mirror Coatings, Solar Power, Architectural, Automotive & Application, Decorative, Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecast 2020–2026
Industry Insights
According to the report published by Facts & Factors, the global Flat Glass Coatings Market size was worth around USD 1 billion in 2019 and is predicted to grow around USD 3 billion by 2026 with a compound annual growth rate (CAGR) of roughly 20% between 2020 and 2026. The report analyzes the global Flat Glass Coatings Market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the Flat Glass Coatings Market.
The flat glass coatings market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire flat glass coatings market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of both volume (Ton) and value (USD Billion) from FY 2016 – 2026.
This specialized and expertise-oriented industry research report scrutinizes the technical and commercial business outlook of the flat glass coatings industry. The report analyzes and declares the historical and current trends analysis of the flat glass coatings industry and subsequently recommends the projected trends anticipated to be observed in the flat glass coatings market during the upcoming years.
Key Insights from Primary Research
- According to the primary researcher operating in the global flat glass coatings market, the market was valued at USD 1 billion and is expected to be valued at over USD 3 billion.
- The flat glass coatings market is predicted to witness a significant growth of nearly 20% during 2020-2026 due to the use of flat glass coating in various applications.
- By type analysis, the polyurethane segment headed the market, in 2019 and it is expected to grow over the forecast period owing to its use in green buildings, solar panels, etc.
- By technology analysis, the nanocoatings segment held the largest market share in 2019. The segment is expected to grow during the forecast period owing to its demand in the automotive and electronics industry.
- On the basis of application, the mirror coatings category led the market, in 2019 owing to its use in various applications such as automobiles, beauty, and cosmetics, etc.
Key Recommendations from Analysts
- Our analysts recommend that the Asia Pacific is expected to be the fastest-growing market for flat glass coatings during the years to come attributed to growing demand in this region.
- North America and the European region are projected to provide considerable growth opportunities owing to the use of glass coating in construction during the forecast period
- Due to the high performance of solvent-based technology, this segment is expected to boost market growth during the forthcoming years.
- Owing to the use of solar power in emerging countries, this segment is anticipated to offer lucrative opportunities in the future years.
- The growing demand in the construction industry and demand for green infrastructure may drive the market in the upcoming years.
Market Attractiveness By Application Analysis
The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the flat glass coatings industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.
Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the flat glass coatings industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the flat glass coatings market.
The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the flat glass coatings industry. The flat glass coatings market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.
The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the flat glass coatings sector. Key strategic developments in the Flat Glass Coatings market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the flat glass coatings market are appropriately highlighted in the report.
To offer exclusive features to glass products coatings are placed on glass surfaces. Flat glass is treated with coatings to provide features such as corrosion resistance, self-purification, energy efficiency, improved durability, and water and dirt retardation. Flat glass is widely used in the construction of commercial and residential buildings while coated glass is used in mirrors and other ornamental applications.
For ornamental products, the demand for flat glass coating is increasing. The market for ornamental mirrors in architecture and other applications is projected to improve. Rising lifestyles and increasing disposable income drive the market for flat glass coatings. The number of architectural buildings is estimated to increase the need for flat glass coatings in the near future. The development of the automobile industry and demand for solar panels is driving the market growth. The high-cost investment for coating may restrain the market growth.
Compared with solvent-based coatings, water-based coatings take extra curing and drying time. It requires more time during high humidity, water will not easily evaporate, resulting in poor cures and a decrease in performance. These parameters may impede the market growth. However, Increasing demand for energy savings and the idea of green construction may bring more opportunities in the market.
The flat glass coatings market research report delivers an acute valuation and taxonomy of the Flat Glass Coatings industry by practically splitting the market on the basis of different types, applications, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026.
The regional segmentation of the flat glass coatings industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. Further, country-wise data for the Flat Glass Coatings industry is provided for the leading economies of the world.
The flat glass coatings market is segmented based on type, technology, and application. On the basis of type segmentation, the market is classified into polyurethane, epoxy, acrylic, and others. In terms of technology segmentation, the market is bifurcated into solvent-based, water-based, and nano-coatings. And in terms of application, the market is classified into mirror coatings, solar power, architectural, automotive & application, decorative, and others.
Report Scope
Report Attribute |
Details |
Market Size in 2019 |
USD 1 Billion |
Projected Market Size in 2026 |
USD 3 Billion |
CAGR Growth Rate |
20% CAGR |
Base Year |
2019 |
Forecast Years |
2020-2026 |
Key Market Players |
Arkema, Ferro Corporation, FENZI, Sherwin-Williams Company, NIPPONPAINT, Vitro Architectural Glass, SunGuard-Guardian Glass, DIAMON-FUSION INTERNATIONAL, Hesse, Tribos Coatings, and others. |
Key Segment |
By Type, Technology, Application, and Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East &, Africa |
Purchase Options |
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Some of the essential players operating in the Flat Glass Coatings market, but not restricted to include:
- NIPPONPAINT
- DIAMON-FUSION INTERNATIONAL
- Hesse
- Vitro Architectural Glass
- Sherwin-Williams Company
- SunGuard-Guardian GlassArkema
- Ferro Corporation
- FENZI
- Tribos Coatings
The taxonomy of the flat glass coatings industry by its scope and segmentation is as follows:
By Type Segmentation Analysis
- Polyurethane
- Epoxy
- Acrylic
- Others
By Technology Segmentation Analysis
- Solvent-Based
- Water-Based
- Nano Coatings
By Application Segmentation Analysis
- Mirror Coatings
- Solar Power
- Architectural
- Automotive & Application
- Decorative
- Others
Regional Segmentation Analysis
- North America
- The U.S.
- Canada
- Europe
- Germany
- The UK
- France
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of the Middle East & Africa
Table of Content
Industry Major Market Players
- NIPPONPAINT
- DIAMON-FUSION INTERNATIONAL
- Hesse
- Vitro Architectural Glass
- Sherwin-Williams Company
- SunGuard-Guardian GlassArkema
- Ferro Corporation
- FENZI
- Tribos Coatings
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