Press release
Glass Coating Market Gain Impetus due to the Growing Demand over 2022
Glass Coating Market
Glass coating is done to reduce carbon emissions and conserve energy. The main cause of the increase in demand for glass coatings is the expanding demand and sales in the automobile sector. There are two main categories of glass coatings: liquid glass coating and nano coating. The nano coating is a non-stick coating that is used to lessen dirt particles' interaction with glass.
The main benefit of the nano coating is that it ensures durability and permanence. The functionality is made possible for a long time by the UV stability. Along with the substrate, they also offer excellent abrasion resistance. Applications can be separated into industrial and manual categories.
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The glass coating provides long lasting durable protection, scratch resistance, water, dirt, ice and snow repellence. They also provide solar protection, corrosion resistance and self-cleaning properties. The major share of the global glass coating market is attributed to the construction and automotive industry. The global glass coating market is projected to grow at a moderate CAGR in the forecast period.
The growth in the sales of vehicles is expected to be the major reason for the rise in demand for glass coating, thereby proving to be a major driver for the glass coating market. The rising construction in the developed countries as well as developing countries is anticipated to be the major demand driving factors for the global glass coating market.
The increasing raw material prices can be a major restraining factor for the global glass coating market. The major players can opt for mergers and acquisitions to increase their footprints in the glass coating market. Moreover, technological advancements coupled with extensive research and development activities can be also create new opportunities for the major players in the glass coating market.
Market Segmentation
Basis of coating technology
Nano glass coating
Liquid glass coating
Others
Based on the types of coating
Pyrolytic coatings
Magnetron sputtering coatings
Sol-gel coatings
Other coatings
Basis on end use applications
Automotive
Marine
Aviation
Building and construction
Aerospace
Household
Others
Basis of geography
North America
Latin America
Western Europe
Eastern Europe
Asia Pacific
Middle East
Africa and Japan
Asia Pacific is the largest market in terms of value share in the global glass coating market, owing to the increasing demand, manufacturing and sales in this region. India and China are expected to be the fastest growing countries in the global glass coating market.
North America is also one of the major regions in terms of demand in the global glass coating market. Japan and Asia Pacific are expected to grow at fast rates in the upcoming years. Middle East and Africa is also anticipated to be expand at a fast rate in the forecast period.
Some of the key players identified in the global glass coating market are The 3M Company, PPG Industries, Valspar Corporation, Premium Coatings And Chemicals Pvt Ltd, CCM GmbH
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data.
It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geography, technology and applications
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The report covers exhaustive analysis on:
Glass Coating Market Segments
Glass Coating Market Dynamics
Historical Actual Market Size, 2012 - 2014
Glass Coating Market Size & Forecast 2015 to 2025
Supply & Demand Value Chain
Glass Coating Market Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain
Glass Coating Market Drivers and Restraints
Regional analysis for Glass Coating Market includes
North America
Latin America
Europe
Asia Pacific & Japan
The Middle East and Africa
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Report Highlights:
Shifting Industry dynamics
In-depth market segmentation
Historical, current and projected industry size Recent industry trends
Key Competition landscape
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth
A neutral perspective towards market performance
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