Flat Glass Coatings Market Statistics 2020 – Global Leading Players, Industry Updates, Growth Trends, Business Prospects and Future Forecast to 2027
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 Flat
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 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.
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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