Press release
Sales of Mirror Coating is Expected to Gain Steadfast Traction with the Increase in Demand From Cosmetics Industry | Fact.MR
Award-winning consulting firm Fact.MR has recently published a new report on the global mirror coatings market for the forecast period of 2021 to 2031. According to the study, the market is anticipated to surge at a healthy CAGR of over 6% through 2031, reaching over US$ 1 billion in valuation.Click HERE to Get Complete Synopsis of the Report- https://www.factmr.com/report/mirror-coatings-market
Historically, the market posted credible gains, reaching nearly US$ 700 million in 2020, amid extensive uptake across the renewable energy generation sector, particularly solar cell panel manufacturing. As of 2019, global solar photovoltaics (PV) generation increased 22%, or 131 TWh, representing the second-largest absolute generation growth of all renewable technologies, according to an IEA report. Hence, manufacturers are leveraging mirror coatings to enhance energy generation capacities.
Opportunities are also opening up across architectural applications, amid rising demand for commercial- and residential-grade infrastructure amid rapid urbanization.
For instance, Euramax offers extensive mirror-based exterior building cladding solutions made from coated metal. It is the perfect alternative to polished stainless steel, thus eliminating corrosion concerns, thereby offering superior exterior durability.
Likewise, Edmund Optics manufactures a wide range of precision parabolic, spherical and flat mirror with several different substrate materials.
For detailed insights on enhancing your product footprint, request for a sample here- https://www.factmr.com/connectus/sample?flag=S&rep_id=6133
“Prominent mirror coating manufacturers are fulfilling the dual objective of enhancing the aesthetic value of existing infrastructure while simultaneously offering high reflective properties, prompting a flurry of product launches,” remarks a Fact.MR analyst.
Key Takeaways from Market Study
By resin, acrylic mirror coatings to expand at a CAGR of over 6% through 2031
Demand for polyurethane mirror coatings to experience noteworthy surge, reaching nearly US$ 600 million by 2031
In terms of technology, nano mirror coatings are poised to account for a lucrative revenue share
Demand across architectural applications is expected to remain especially strong amid rapid infrastructure development
The U.S. market was valued at around US$ 190 million in 2020, and is poised to experience an impressive upswing
China to experience a staggering CAGR of approximately 10%, surpassing US$ 200 million valuation by 2031
Need more information about Report Methodology? Click here- https://www.factmr.com/connectus/sample?flag=RM&rep_id=6133
Report Also Addresses:
Market Estimates and Forecasts (2016-2031)
Key Drivers and Restraints Shaping Market Growth
Segment-wise, Country-wise, and Region-wise Analysis
Competition Mapping and Benchmarking
Brand Share and Market Share Analysis
Key Product Innovations and Regulatory Climate
COVID-19 Impact on Mirror Coating Sales and How to Navigate
Recommendation on Key Winning Strategies
Full Access of this Exclusive Report is Available at- https://www.factmr.com/checkout/6133/S
Competitive Landscape
Prominent mirror coating manufacturers include
Arkema Group
Ferro Corporation
Casix Inc.
Mader Group
Guardian Glass
Cemex S.A.B
Diamon Fusion International Inc.
FENZI S.p.A
Glas Trosch Holding AG
Pearl Nano LLC
The Sherwin-Williams Company
Vitro Architectural Glass
Zhejiang Hongding Industrial Co. Ltd.
Tianjin Xin Lihua Color Materials Co. Ltd.
Vitro Architectural Glass offers the Solarcool® and Vistacool® reflective coated glass solutions which not only provide high aesthetic value but offer high reflective properties when applied to first surface.
Likewise, Glas Trosch Holding AG offers the HY-TEC GLASS range of anti-reflective glass and mirrored glass sheets respectively. Some of its product lines include the LUXAR® Class anti-reflective glass and SPYMIRROR glass.
For More Insights: https://www.prnewswire.com/news-releases/bentonite-producing-hotspots-to-emerge-as-primary-investment-destinations-for-geosynthetic-clay-liner-manufacturers-factmr-study-301222404.html
More Valuable Insights Available
Fact.MR, in its new offering, presents an unbiased analysis of the mirror coatings market, presenting historical demand data (2016-2020) and forecast statistics for the period of 2021-2031. The study divulges essential insights on the market on the basis of resin (polyurethane, acrylic, and epoxy), technology (solvent-based, water-based, and nano coatings) and application (architectural, automotive & transportation, decorative, and others), across five major regions of the world (North America, Europe, Latin America, Asia Pacific, and the Middle East & Africa).
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About Fact.MR
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We have offices in US and Dublin, whereas our global headquarter is in Dubai.While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise.
Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed.
Reach out to us with your goals, and we’ll be an able research partner.
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