Flat Glass Coatings Market share | To Power Robustly And To Witness Profitable Growth During The Forecast Period 2022-2027
The global flat glass coatings
market share 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. 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 Share 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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