Glass Coatings Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 – 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 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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