Flat Glass Coatings Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2026
- Transparency Market Research
- Paints and Coatings
Coatings are applied on glass surfaces to offer special features to glass products. Flat glass is processed with coatings to provide certain qualities and properties, such as self-cleaning, water and dirt retardation, corrosion resistance, energy efficiency, increased durability, to the glass. Glass surface is exposed to vapors, which bind to the glass surface, thereby forming a coating. Coated glass is used in mirrors and other decorative applications.
The flat glass coatings market can be segmented based on type, technology, application, and region. Based on type, the flat glass coatings market can be divided into solvent based, water based, and nanocoating based In terms of technology, the market can be bifurcated into chemical vapor deposition and physical vapor deposition. Chemical vapor deposition coating is also called hard coat, while physical vapor deposition coating is known as soft coat. In terms of application, the flat glass coatings market can be segregated into mirror, automotive, solar panel, decorative, and others. Based on region, the flat glass coatings market can be split into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Rise in demand for decorative products is anticipated to boost the global flat glass coatings market during the forecast period. Demand for decorative mirrors is expected to increase in beauty & cosmetics, architecture, and other applications. Rise in number of architectural structures is projected to augment the flat glass coatings market in the near future. Increase in disposable income and changing lifestyles are factors driving the flat glass coatings market. Demand for solar panels is rising owing to the growth in awareness about renewable energy resources. This, in turn, is expected to trigger the flat glass coatings market in the next few years. Demand for nanocoatings is anticipated to rise in automotive applications. However, high cost of nanocoatings is likely to hamper the flat glass coatings market during the forecast period.
In terms of type, solvent based and water based segments are estimated to account for large share of the flat glass coatings market throughout the forecast period. The nanocoatings segment is projected to expand at a fast pace in the near future. Demand for chemical vapor deposition technology is anticipated to increase during the forecast period. Based on application, the solar panel segment is estimated to expand at a rapid pace in the next few years. Demand for flat glass coatings is also likely to increase in automotive applications. The mirror segment is estimated to hold major share of the flat glass coatings market throughout the forecast period.
North America is projected to hold higher share of the flat glass coatings market, followed by Asia Pacific and Europe, during the forecast period. Demand for flat glass coatings in North America is rising in decorative applications. Demand for flat glass coatings in decorative and mirror applications is expected to be high in Asia Pacific. China and India are estimated to constitute prominent share of the flat glass coatings market in the region in the near future. The flat glass coatings market in Latin America and Middle East & Africa is likely to expand at a moderate pace in the near future.
Key players operating in the flat glass coatings market include Arkema Group, Nippon Paint M Sdn Bhd, JELD-WEN Glass, and Stewart Engineers, Inc.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.
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