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Glass Flake Coatings Coatings Market 2018-2025 Analysis by Top Key Venders are Akzo Nobel, PPG Industries, Jotun, Hempel, Chugoku Marine
Global Glass Flake Coatings Market
The global glass flake market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of acetaldehyde market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
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The Global Glass Flake Coatings Market is expected to reach USD 2.12 billion by 2025, from USD 1.47 billion growing at a CAGR of 4.52% during forecast period of 2018 to 2025.
Glass flakes are very thin glass plates with a minimum thickness of 5 to 2 micrometres. There are two main processes to manufacture glass flakes. The first one is the bubble method in which a glass marble is converted into liquid and then blown into a bubble. After that it is smashed into glass flakes and sieved by particles size distribution. Anti-corrosive coatings, paints and pigments uses glass flakes to reduce corrosion In composite materials, glass flakes are used as a reinforcement material. The addition of glass also improves the flexibility, hardness and abrasion resistance of coating.
According to American Coating Association, in 2016, nearly 1.2 billion in paints and coating products and was recorded the highest level in the decade. China was reported as the third largest export market for U.S. coating products at USD 97 million in the same year and Japan and U.K. were out of the five leading export market for U.S. at USD 47 million and 42 million respectively. Above all the data depicts that the market of glass flakes coating around the globe is growing and will derive the demand for glass flakes.
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The key players operating in the global glass flake market are
• Akzo Nobel
• PPG Industries
• Jotun
• Hempel
• Chugoku Marine
• Sherwin-Williams,
• Nippon Paint,
• Kansai Paints,
• RPM International,
• KCC Corporation,
• S K Kaken,
• Berger Paints,
• Shalimar Paints,
• BASF,
• Duluxgroup,
• Grauer & Weil,
• Samhwa Paints,
• Yung Chi Paint & Varnish,
• Other Key Market Players
Reasons to Purchase this Report
• Current and future of global Glass Flake Coatings Market outlook in the developed and emerging markets
• The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period.
• Regions/countries that are expected to witness the fastest growth rates during the forecast period
• The latest developments, market shares, and strategies that are employed by the major market players
Customization of the Report
• The report includes the complete segmentation displayed above across all above mentioned countries
• All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)
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