The global glass coating market is anticipated to record a CAGR of 22.1% over the forecast period Top keyplayers are 3M Company, Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis,

Introduction to Glass Coating Market Overview

The glass coatings are durable and protects from water, dirt and others. Additionally, the glass coatings protects from corrosion and helps in easy cleaning. The glass coatings are used in various applications such as construction, automotive, aviation and others.

The glass coatings are available in wide range of prices to provide hard, durable, corrosion protection and extra shine effects. The glass coatings prevent the paint from scratches, rain and harmful UV.

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Market Size and Forecast

The global glass coating market is witnessing substantial growth on account of increasing number of automotive and transport vehicles. This drives the global glass coating market during the forecast period. Additionally, advancement in automotive industry coupled with the increasing disposable income across the globe is expected to drive glass coating market.According to the Federal Reserve Bank of Chicago, sales of light vehicle sales increased by 2.1% in China, rest of Asia by 3.4%, Europe by 2.6% and Latin America by 6.2% in 2018-19.

sales of light vehicle

The high sales of light vehicles is uplifting the demand for automotive sector which in turn is expected to drive the glass coating market. The global glass coating market is anticipated to record a CAGR of 22.1% over the forecast period. The glass coating market is expected to reach a value of USD 4.8 billion at the end of the forecast period.
Growth Drivers

High application in Construction Industry

Rapid economic development coupled with the continuously expanding construction industry in turn is expected to boost the glass coating market during the forecast period. Additionally, increasing construction of buildings coupled with the rising application of glass coatings is driving the demand for the glass coating globally.

Rapidly expanding automotive industry

Latest technological advancements in automotive sector is increasing the application of glass coatings on the vehicles. This is estimated to propel the glass coating market significantly during the forecast period. Additionally, increasing demand for protection from various factors such as dirt, corrosion, rain and others coupled with the rising disposable income is expected to further drive the glass coating market across the globe.

Restraints

High Cost

The glass coatings are offered at relatively high prices owing to limited the application of glass coatings for various purposes. This is expected to restraint the global glass coating market in the coming future.

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Market Segmentation

Our-in depth analysis of the global glass coating market includes the following segments:

By Coating Type

Pyrolytic Coating
Magnetic Sputtering Coating
Sol-Gel Coating
By Technology

Liquid Glass Coating
Nano Glass Coating
By Application

Construction
Paints & Coating
Automotive
Aviation
Others
By Vehicle Type

Electric Vehicles
Passenger Cars
Light Motor Vehicles
Heavy Motor Vehicles
Non-Electric Vehicles
Passenger Cars
Light Motor Vehicles
Heavy Motor Vehicles
By Region

On the basis of regional analysis, global glass coating market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region.

North America is anticipated to lead the global glass coatings market during the forecast period on the account of rapidly expanding aerospace and construction sector. Additionally, the high demand from the U.S. is further driving the market growth of the glass coating in the region.

Asia Pacific is expected to witness significant growth during the forecast period owing to widespread expansion of constructional and automotive industry in the countries such as China, Japan, India and others.

Global glass coating market is further classified on the basis of region as follows:

North America (United States, Canada), Market size, Y-O-Y growth Market size, Y-O-Y growth & Opportunity Analysis, Future forecast & Opportunity Analysis
Latin America (Brazil, Mexico, Argentina, Rest of LATAM), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
Europe (U.K., Germany, France, Italy, Spain, Hungary, BENELUX (Belgium, Netherlands, Luxembourg), NORDIC (Norway, Denmark, Sweden, Finland), Poland, Russia, Rest of Europe), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
Asia-Pacific (China, India, Japan, South Korea, Malaysia, Indonesia, Taiwan, Hong Kong, Australia, New Zealand, Rest of Asia-Pacific), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis

Key Players

3M Company, Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis, Nano-Care Deutschland AG, PPG Industries, Valspar Corporation, Premium Coatings And Chemicals Pvt Ltd, CCM GmbH, Opticote

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