Flat Glass Coatings Market Global Trends, Market Share, Industry Size, Growth, Opportunities, and Market Forecast 2019 to 2029

Flat Glass Coatings Market Global Trends, Market Share, Industry Size, Growth,
Opportunities, and Market Forecast 2019 to 2029
Global Flat Glass Coatings Market to value over USD 6.2 billion by 2029 end and
register a CAGR of over 20%from 2019 to 2029.
Rapid industrialization and colossal infrastructural developments ranging across
various emerging economies are likely to contribute significantly to the requirement
for flat glass coatings during the forecast period. Increasing development and
construction, and funds to fuel the same on account of growing urbanization and
large infrastructural plans will continue to augment market growth. Government
initiatives to expand and develop transportation, advanced renewable energy and
improved social and commercial infrastructure will further supplement the
expansion. Sprouting green commercial architecture, particularly in North America,
Asia Pacific, and the Middle East and Africa are anticipated to fuel demand for flat
glass coatings over the forecast period.
The 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 and cosmetics, architecture, and other applications.
The rise in a number of architectural structures is projected to augment the flat glass
coatings market in the near future. An 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,
the high cost of nanocoatings is likely to hamper the flat glass coatings market during
the forecast period.
Drivers:
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The surge of flat glass coatings used in the commercial and
residential construction sector
Increasing consciousness to promote sustainability and thus the demand for
solar power and automotive application
Opportunities:
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Expansion of the construction industry
Increasing demand for green infrastructure
Challenges:
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Strict government regulations and policies
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Market Segmentation:
By Resin Type
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Polyurethane Resin
Epoxy
Acrylic
Others
Alkyd Resin
Silicone Resin
By Technology
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Solvent-Based Coatings
Water-Based Coatings
Nano Coatings Technology
Water-based coatings were estimated as the largest technology segment. Waterbased has numerous added advantages over solvent-based coating technology.
Solvent-based coatings possess harmful Volatile Organic Compounds (VOCs), which
are emitted into the environment. As a result, regulatory authorities have laid
several stringent regulations for manufacturers.
By Application
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Mirror
Silver
Aluminum
Solar Power
Photovoltaic Solar Power System
Concentrated Solar Power System
Architectural
Automotive & Transportation
Decorative
Others
Mirror was estimated as the largest application segment of the flat glass coatings
market. Mirrors are used widely across applications in beauty, architectural,
automotive, and decorative applications. Moreover, the growing demand for smart
mirrors is likely to drive the market over the forecast period. Smart mirrors act as an
effective substitute for rear-view mirrors in automobile applications. They offer
integrated GPS navigation, backup camera, and Bluetooth connectivity which aids
effectively in driving the vehicle.
By Region
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North America
Europe
Asia Pacific
Latin America
Rest of the World
North America is projected to hold a higher share of the flat glass coatings market,
followed by Asia Pacific and Europe, during the forecast period. The 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 the Asia
Pacific. China and India are estimated to constitute a 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.
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Competitive Landscape:
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Tier 1 players- established companies in the market with a major market
share
Tier 2 players
Emerging players which are growing rapidly
New Entrants
FutureWise Takeaways
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Growth prospects
SWOT analysis
Key trends
Key data points affecting market growth
Objectives of the Study:
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To provide an exhaustive analysis on the global flat glass coatings market by
resin type, by technology, by application and by region
To cater comprehensive information on factors impacting market growth
(drivers, restraints, opportunities, and industry-specific restraints)
To evaluate and forecast micro-markets and the overall market
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To predict the market size, in key regions (along with countries)—North
America, Europe, Asia Pacific, Latin America, and the rest of the world.
To record evaluate and competitive landscape mapping- product launches,
technological advancements, mergers and expansions
Profiling of companies to evaluate their market shares, strategies, financials
and core competencies
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Global Flat Glass Coatings Market to value over USD 6.2 billion by 2029 end and register a CAGR of over 20%from 2019 to 2029. Rapid industrialization and colossal infrastructural developments ranging across various emerging economies are likely to contribute significantly to the requirement for flat glass coatings during the forecast period. Increasing development and construction, and funds to fuel the same on account of growing urbanization and large infrastructural plans will continue to augment market growth.

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