Flat Glass Coating Market Size to Grow $11.0 billion by 2031, growing at a CAGR of 20.3% | Valuates Reports

Flat Glass Coating Market

The flat glass coating market attained $1.9 billion in 2021, and is projected to reach $11.0 billion by 2031, growing at a CAGR of 20.3% from 2022 to 2031.

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Coatings are used on glass surfaces to give specific advantages to glass items. Flat glass is treated with coatings to offer particular traits and features, such as self-cleaning, water and dirt retardation, corrosion resistance, energy efficiency, and greater durability to the glass. Glass surface is exposed to vapors that bond to the glass surface, and consequently, produces a coating. Coated glass is generally utilized in mirrors and other aesthetic applications. When the coatings are applied on the glass surfaces it adds particular properties to it and gives rise to a broad range of products. Due to the exposure of flat glass surfaces, a coating is produced when vapors are generated. Different resins, such as polyurethane resin, acrylic, and epoxy, can be used to cover flat glass. Increasing demand for ornamental goods adds to the expansion of the flat glass coatings market. Flat glass is predominantly utilized in the construction of commercial and residential buildings.

An increase in demand for ornamental items is anticipated to stimulate the worldwide flat glass coatings market during the forecast period. In beauty & cosmetics, architecture, and other industries, the need for ornamental mirrors is growing. The increase in the number of architectural constructions is anticipated to boost the flat glass coatings market. In addition, an increase in disposable income and a change in lifestyles are potential growth opportunities for the flat glass coatings market. Glass facades are gaining immense popularity, particularly in the construction of commercial buildings. However, the high cost of nano coatings is expected to have a negative impact on the flat glass coatings market throughout the forecast period.

The Asia-Pacific (APAC) region is anticipated to lead the flat glass coatings market during the forecast period. This is mostly attributable to increasing demand for flat glass coatings in developing nations such as Japan and South Korea for automotive and construction industries. The industrial sector in Japan and South Korea is expected to expand due to the recent increase in government spending for infrastructure construction and an increase in foreign direct investments. In turn, this is anticipated to generate a large volume demand in Japan and South Korea for such coatings, driving up market growth.

The global flat glass coating market is segmented into resin type, technology, application, and region. Depending on resin type, the market is classified into polyurethane, epoxy, acrylic and others (silicone and alkyd). On the basis of technology, it is categorized into solvent-based, water-based and nano coatings). On the basis of application, it is categorized into mirror coatings, solar power, architectural, automotive, decorative and others. Region wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.

The major players operating in the global flat glass coating market 3M Company, Apogee Enterprises, Inc, Arkema Group, Be cool glass coating, FENZI SpA, Ferro Corporation, Gulbrandsen, Hesse Gmbh & Co. KG, Nippon Paints Holdings Co. Ltd, Nukote Coating Systems International, PPG Industries Inc., The Sherwin-Williams Company, Unelko Corporation, Vitro, Yantai Jialong Nano Industry Co., Ltd. Other players operating in the Flat glass coatings market are Vitro Architectural Glass, SunGuard, DIAMON-FUSION, Tribos Coatings.

By Technology
• Nano coatings
• Solvent based
• Water Based

By Application
• Mirror Coating
• Solar Power
• Architectural
• Automotive
• Decorative
• Others

By Resin Type
• Polyurethane
• Epoxy
• Acrylic

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