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Press Release: Coated Glass Market Growth Driven by Energy Efficiency and Sustainable Construction Trends
Coated Glass Market
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Key Market Drivers: Energy Efficiency and Green Building Trends
Governments and businesses worldwide are focusing on sustainable construction to minimize energy usage and carbon emissions. Coated glass, particularly Low-E (low-emissivity) glass, is being increasingly adopted in both residential and commercial buildings to improve insulation and reduce heat transfer. This results in significant energy savings, especially in heating and cooling costs. The rise in green certifications such as LEED and BREEAM further accelerates the demand for energy-efficient materials in construction.
As global energy efficiency regulations tighten, the use of coated glass is becoming a standard in new building projects. The International Energy Agency (IEA) reports that buildings account for 36% of global energy consumption, highlighting the importance of adopting materials that reduce energy waste. Coated glass is also contributing to the automotive industry's energy-saving efforts by improving fuel efficiency. The material helps regulate temperatures inside vehicles, reducing the need for air conditioning and lowering energy consumption.
Technological Advancements and Industry Expansion
In addition to construction and automotive sectors, the coated glass market is growing in electronics and solar energy. The rise of smart glass and the demand for energy-efficient displays in consumer electronics are pushing the use of coated glass, as it improves display quality while minimizing energy consumption. Furthermore, the solar energy industry is heavily reliant on coated glass for photovoltaic panels, where it enhances energy absorption and overall efficiency.
Market Challenges: Health Risks and Environmental Concerns
Despite its many benefits, the coated glass market faces challenges, primarily due to the health risks associated with metallic coatings. These coatings, which often contain metals such as silver, titanium, and nickel, can be hazardous to workers during manufacturing and disposal. Exposure to metal particles can cause respiratory issues and skin irritation, leading to concerns about safety standards in production facilities. Improper disposal of coated glass can also contribute to environmental contamination.
As environmental and health regulations become stricter, companies may face increased costs to comply with these safety requirements, which could slow down market growth in some regions.
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Segment Insights: Hard vs. Soft Coatings
The coated glass market is divided into two main categories: hard coatings and soft coatings. Hard coatings currently dominate the market due to their superior durability and scratch resistance. They are widely used in automotive windshields, architectural glass, and industrial machinery, providing long-lasting performance in harsh environmental conditions. Hard-coated glass is also cost-effective for large-scale projects, making it a popular choice for commercial and residential applications.
On the other hand, soft coatings, particularly Low-E glass, are expected to be the fastest-growing segment due to their energy efficiency and superior insulation properties. Soft-coated glass reduces heat transfer, making it highly desirable for energy-efficient buildings and green construction projects. Advancements in production technology have made soft coatings more durable and affordable, further boosting their demand. Additionally, the rising popularity of smart glass and solar panels, where soft coatings enhance performance, contributes to the segment's rapid growth.
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Coated Glass Top Companies and Competitive Landscape
Market competition in the Coated Glass industry is characterized by the presence of global and regional players such as Saint-Gobain, AGC Inc., Guardian Glass, Nippon Sheet Glass, and Vitro Architectural Glass dominate the industry with strong product portfolios. Mergers and acquisitions are common strategies to expand market presence and enhance production capabilities.
Companies are also investing in research and development to improve coating technologies, particularly in smart glass and energy-efficient solutions. With increasing demand for sustainable and high-performance glass solutions, competition is expected to intensify, driving further advancements and market expansion.
In in November 2023, Nippon Sheet Glass Co., Ltd. announced a new production line for solar glass in Malaysia as it started operations. Existing production line was converted into a TCO glass (transparent conductive oxide) production line. The coated solar glass is a part of company's strategy to shift towards renewable energy and solve global environmental issues.
Some of the key companies in the global Coated Glass Market include:
AGC Inc.
Central Glass Co. Ltd.
CEVITAL GROUP
China Glass Holding, Ltd.
Euroglas
Fuyao Glass Industry Group Co., Ltd.
Guardian Industries
Nippon Sheet Glass Co., Ltd.
Saint-Gobain
SCHOTT AG
Coated Glass Latest Industry Updates
In January 2023, Guardian Glass, a leading coated and fabricated glass manufacturer announced acquisition of Vortex Glass with signing of an agreement. Guardian Glass will acquire the fabrication business assets of Vortex Glass in California, Miami, and Florida and expand its operations to cater to rising demand for coated glass in the US.
In 2022, Mithun architects selected SolarbanO 67 SolexiaO glass by Vitro Architectural Glass for the LEEDO Platinum-certified Middle Earth Expansion for the university of California.
Coated Glass Market Segmentation Analysis
Coating Outlook (Revenue, USD Billion; 2020-2033)
Hard Coating
Soft Coating
Application Outlook (Revenue, USD Billion; 2020-2033)
Architecture
Automotive
Optical
Other Applications
Regional Outlook (Revenue, USD Billion; 2020-2033)
North America
United States
Canada
Mexico
Europe
Germany
France
United Kingdom
Italy
Spain
Benelux
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
Latin America
Brazil
Rest of Latin America
Middle East and Africa
Saudi Arabia
UAE
South Africa
Turkey
Rest of MEA
The latest report on the global Coated Glass market offers strategic insights into the market landscape to stakeholders, investors, and business owners to help them make efficient and lucrative business decisions based on key statistical data and facts. The report aims to offers a thorough outlook of the Coated Glass market based on various key elements, such as market drivers, limitations, threats, restraining factors, and growth prospects. The report aims to deliver a comprehensive understanding of the Coated Glass market growth and expansion in each key region of the world. It offers accurate estimations about the expected market size and growth over the projected timeline of 2024-2033.
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Coated Glass Market Size@ https://www.emergenresearch.com/industry-report/coated-glass-market/market-size
Coated Glass Market Share@ https://www.emergenresearch.com/industry-report/coated-glass-market/market-share
Coated Glass Market Trends@ https://www.emergenresearch.com/industry-report/coated-glass-market/market-trends
Coated Glass Regional Market Demand@ https://www.emergenresearch.com/industry-report/coated-glass-market/regional-market-demand
Coated Glass Market Analysis@ https://www.emergenresearch.com/industry-report/coated-glass-market/market-analysis
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