Flat Glass Coatings Market - Forecast and Analysis (2020-2027) by Type, by Application, by End-User Industry and by Region
The global flat glass coatings market has been
segmented into five regions—Asia-Pacific, North America, Europe, Latin America,
and the Middle East & Africa.
Asia-Pacific accounted for the majority of the market
share in 2017 due to the high demand for flat glass coatings in construction
and automobile applications. The growing personal disposable income in the
region has augmented the demand for automobiles, which, in turn, is positively
contributing to the growth of the market.
Moreover, the rising energy requirement in the region
has boosted the use of solar energy to reduce the dependence on crude imports,
which is also projected to surge the demand for Glass Coatings Market. China and India are the major markets for flat glass coatings
in Asia-Pacific. North America accounted for the second-largest market share in
2017 and is projected to show the same trend during the forecast period. The
European market for flat glass coatings is expected to show steady growth
during the forecast period. However, this may be hampered by stringent
environmental regulations for the VOC content in coatings in the region.
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Segmentation
The global 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.
Based on application, the global flat glass coatings
market has been segmented into solar power, mirror, architectural, automotive
and transportation, and others.
By region, the market is segmented into North America,
Asia-Pacific, Europe, Latin America, and the Middle East & 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).
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