Flat Glass Coatings Market Research Report – Forecast to 2030

Flat Glass Coatings Market: Information by Resin Type (Polyurethane, Acrylic, Epoxy, Others), Technology (Solvent-Based, Water-Based, Nano) Application (Solar Power, Mirror, Architectural, Automotive & Transportation), & Region—Forecast till 2030

ID: MRFR/CnM/4877-HCR | February 2023 | Region: Global | 140 Pages         

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Flat Glass Coatings Market

Flat Glass Coatings Market is projected to be worth USD 13.38 Billion by 2030, registering a CAGR of 20.30% during the forecast period (2022 - 2030).

Segmentation
By Resin Type Polyurethane Acrylic Epoxy Others
By Technology Solvent-Based Water-Based Nano
By Application Solar Power Mirror Architectural Automotive & Transportation
Key Players
Companies Profiled   Fenzi SpA (Italy)    Arkema (France)    Ferro Corporation (US)    Vitro (Mexico)    the Sherwin-Williams Company (US)    Nippon Paint Company Limited (Japan)    Nano-Care Deutschland AG (Germany)    Hesse GmbH & Co. KG (Germany)    Tribos Coatings (International) Ltd (UK)    CCM GmbH (Germany)   Glas Trösch Holding AG (Switzerland)
Drivers
Market Driving Forces    Increasing use of flat glass coatings in the automotive industry
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Flat Glass Coatings Market Overview Flat Glass Coatings Market is projected to be worth USD 13.38 Billion by 2030, registering a CAGR of 20.30% during the forecast period (2022 - 2030). Flat glass, also known as sheet glass or plate glass, is a type of glass that is made on a plane and is often used in windows, doors, mirrors, automotive glass, and solar panels. Flat glass is coated to impart features such as self-cleaning, corrosion resistance, dirt and water resistance, and energy efficiency, as well as to extend the product's shelf life. The flat glass coatings business is extremely lucrative, and it is expected to grow at a rapid pace over the next few years. During the forecast period, the polyurethane resin segment is expected to grow at the fastest rate. The expanding demand for flat glass in commercial and residential structures, as well as its growing use in the solar industry, are likely to be the primary drivers of worldwide market expansion. Furthermore, the growing use of flat glass coatings in the automotive industry is projected to help drive the flat glass coatings market forward. Stringent laws governing the use of solvent-based flat glass coatings, on the other hand, are projected to be a key stumbling block to the global market's expansion. Polyurethane resins are ideal for high-performance applications because of their longevity, high gloss, high strength, and ease of cleaning.

Global Flat glass coatings Market, by Application, 2017 (%)


Flat glass coatings Market


Source: MRFR Analysis


Regional Analysis


The global flat glass coatings market has been segmented into five regions, namely, Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa.


The market in Asia-Pacific is estimated to be the largest and fastest-growing during the forecast period. Rising government spending on the development of infrastructure in the region and increasing automobile production are the major factors contributing to the growth of the market. The North American flat glass coatings market was the second-largest in 2017 and is expected to remain so during the review period. The presence of major automobile manufacturers and the growing demand for green commercial buildings in the region have led to a surge in the use of flat glass coatings.


The market in the Middle East & Africa is also likely to exhibit steady growth owing to increasing construction in the region.


Segmentation


The global flat glass coatings market has been segmented on the basis of resin type, technology,  application, and region.


On the basis of resin type, the market has been categorized as polyurethane resin, acrylic resin, epoxy resin, and others.


On the basis of technology, the market has been segmented into solvent-based, water-based, and Nano.


Based on application, the global flat glass coatings market has been segmented into solar power, mirror, architectural, automotive and transportation, and others.


On the basis of region, the market has been segmented into North America, Asia-Pacific, Europe, Latin America, and the Middle East and Africa.


Key Players


Some of the manufacturers operating in the global flat glass coatings market are Fenzi SpA (Italy), Arkema (France), Ferro Corporation (US), Vitro (Mexico), the Sherwin-Williams Company (US), Nippon Paint Company Limited (Japan), Nano-Care Deutschland AG (Germany), Hesse GmbH & Co. KG (Germany),  Tribos Coatings (International) Ltd (UK), CCM GmbH (Germany), and Glas Trösch Holding AG (Switzerland).Recent Development:


On 30 November 2019, The Isecam Group (Turkey), a market leader in the flat glass industry in Eastern Europe and Western Asia, announced the launch of its second flat glass manufacturing facility in Manfredonia, Italy. Not only has the company renovated the furnace with a cutting-edge design, but it has also turned on the coating and laminating lines. On 8 November 2019, MetaShield LLC (the United States), a major manufacturer of advanced material technology solutions with nanoparticle-embedded coatings, introduced a nanotechnology-based anti-fingerprint coating. On a variety of consumer and commercial products, the new technology lowers fingerprints and smudges by up to 70%.

 Intended Audience



  • Flat glass coatings manufacturers

  • Traders and distributors of flat glass coatings

  • Research and development institutes

  • Potential investors

  • Raw material suppliers

  • Nationalized laboratories



Report Scope:

Report Attribute/Metric Details
  Market Size   2030: USD 13.38 Billion
  CAGR   2030: 20.30% CAGR
  Base Year   2021
  Forecast Period   2022-2030
  Historical Data   2019 & 2020
  Forecast Units   Value (USD Billion)
  Report Coverage    Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   resin type, technology, application, and region
  Geographies Covered    North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Fenzi SpA (Italy), Arkema (France), Ferro Corporation (US), Vitro (Mexico), the Sherwin-Williams Company (US), Nippon Paint Company Limited (Japan), Nano-Care Deutschland AG (Germany), Hesse GmbH & Co. KG (Germany), Tribos Coatings (International) Ltd (UK), CCM GmbH (Germany), and Glas Trösch Holding AG (Switzerland).
  Key Market Opportunities   commonly used in windows, doors, mirrors, automotive glass, and solar panels
  Key Market Drivers   Increasing use of flat glass coatings in the automotive industry


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Frequently Asked Questions (FAQ) :

Flat Glass Coatings Market is projected to reach USD 13.38 Billion by 2030

The market can grow with a 20.30% CAGR during the forecast period of 2022-2030.

Fenzi SpA (Italy), Arkema (France), Ferro Corporation (US), Vitro (Mexico), the Sherwin-Williams Company (US), Nippon Paint Company Limited (Japan), Nano-Care Deutschland AG (Germany),

The Asia Pacific market would trigger the flat glass coating market.

The applications are a mirror, solar power, automotive, architectural, and transportation, and others.

The polyurethane resin segment would dominate the market.