Coated Glass Market Research Report 2024 |Top Key Players Pilkington, Guardian Industries, PPG Industries, Cardinal Glass Industries, Abrisa, Şişecam, Metro Performance Glass
The revenue graph of coated glass market has been rather synonymous to the demand for energy efficiency globally. In fact, the hoopla created around this determinant has brought a tremendous transformation in the glass manufacturing process- from conventional to green approach.
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To support the sustainability march, both private and government entities are vigorously putting their efforts in research activities to come with advanced coating materials that save energy. In this regard, recently, it has come to fore that vanadium-coated smart glasses are capable of reducing energy consumption, by blocking any kind of thermal radiation from the glass shield.
It is prudent to mention that coated glass market, despite encompassing a diversified application spectrum, has been anticipated to witness significant monetary returns from automotive sector. The substantially increasing product demand for automotive windshields, on virtue of its assistance in reflecting unwanted UV and IR radiation would be the pivotal factor contributing toward the growth of coated glass industry from this application. Another profound factor that has played its card in proliferating the market share is the expanding automotive manufacturing base across APAC belt.
In recent times, coated glass industry has witnessed a new wave of contemporary innovations in this sector, grounding on two major rationales- size and complexity of automotive windshield. In the regard, AGP eGlass has recently made it to the headlines with the announcement of its manufacturing of largest windshield in the history of passenger vehicles. Dubbed as Big Sky, this large panoramic windshield is reportedly deployed in Tesla’s most hyped electric SUV range, Model X. Allegedly, this breakthrough windshield having an approximate size of 3sqm, features advanced dual shade zone in a bid to offer enhanced cabin experience. If reports are to be relied, this state-of-art facility integrates AGP’s advanced bending capabilities, which is nearly up to 4 sqm of glass surfaces.
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The appreciable efforts undertaken by the automakers toward bringing upgradation in vehicular design, would undeniably open new growth avenues for coated glass market over the coming years. In fact, the hard coat glass industry size from automotive windshields is anticipated to record a y-o-y growth rate of 4.5% over 2017-2024.
However, as like any other business vertical, coated glass market is also vulnerable to an array of daunting challenges, supply demand gap in the availability of chief raw materials being at the pinnacle. Add to it, with high transportation and infrastructural cost, the profit market further squeezes. Nonetheless, the rising awareness toward cleaner energy sources in tandem with governmental backing regarding the same, is expected to bring a renewed dynamism in coated glass industry. In terms of commercialization, Global Market Insights, Inc., forecasts overall coated glass market size to exceed a valuation of USD 24.5 billion by 2024.
Partial Chapter of the Table of Content:
Chapter 3. Coated Glass Industry Insights
3.1. Industry segmentation
3.2. Industry size and forecast, 2013 - 2024
3.3. Industry ecosystem analysis
3.3.1. Vendor matrix
18.104.22.168. Company name
22.214.171.124. Regional presence
3.3.2. Distribution channel analysis
3.4. Technology landscape
3.5. Raw material analysis
3.5.1. Soda ash
3.5.3. Natural gas
3.6. Regulatory landscape
3.7. Pricing analysis
3.7.1. Regional Pricing
126.96.36.199. North America
188.8.131.52. Asia Pacific
3.7.2. Cost structure analysis
184.108.40.206. Raw material breakup (% range)
220.127.116.11. Annual production cost (% range)
3.8. Industry impact forces
3.8.1. Growth drivers
18.104.22.168. North America: Growing demand for clean source of energy with enhanced usage of solar panels in buildings
22.214.171.124. Europe: Technological advancement in automotive industry for convenient driving
126.96.36.199. Asia Pacific: Increased usage of heat reflective glass in buildings
3.8.2. Industry pitfalls & challenges
188.8.131.52. High production cost
184.108.40.206. Environmental impact on glass durability
3.9. Innovation & sustainability
3.10. Growth potential analysis, 2016
3.10.1. Emerging business models
3.11. Porter's analysis
3.11.1. Buyer’s power
3.11.2. Supplier’s power
3.11.3. Threat of substitutes
3.11.4. Threat of new entrants
3.11.5. Degree of competition
3.12. Competitive landscape, 2016
3.12.1. Strategy dashboard
3.13. PESTEL analysis
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As per reliable estimates, out of the total 73.46 million passenger vehicles that were produced globally in the year 2017, approximately 25 million units got assembled in China. This astoundingly mammoth coverage is expected to generate a considerably massive product demand over the coming years. Reportedly, China coated glass market size is projected to register a CAGR of 7% over 2017-2024.
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About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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