Flat Glass Coatings Market 2018 Global Market Challenge, Driver, Trends & Forecast to 2023

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Flat Glass Coatings Market Research Report
Forecast to 2023
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
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Flat Glass Coatings Market - 2023
Global Flat Glass Coatings Market
Information by Resin Type (Polyurethane, Acrylic,
Epoxy, Others), Technology (Solvent-Based,
Water-Based, Nano) Application (Solar Power,
Mirror, Architectural, Automotive
Transportation), RegionForecast till
2023 Market Overview Flat glass, also known as
sheet glass or plate glass, is a class of glass
that is produced in plane form and most commonly
used in windows, doors, mirrors, automotive
glass, and solar panels, among others. Coatings
are applied to flat glass to impart properties
such as self-cleaning, corrosion resistance, dirt
and water resistance, and energy efficiency and
to enhance the shelf life of the product. The
flat glass coatings market is highly lucrative
and is projected to exhibit tremendous growth
during the forecast period of 2018 to 2023.
According to MRFR analysis, the global flat glass
coatings market was valued at USD 1 billion in
2017 and is projected to grow at a CAGR of over
12 during the assessment period. The rising
demand for flat glass in commercial, as well as
residential buildings along with its rising
application in the solar industry, are expected
to be the major factors driving the growth of the
global market. Moreover, the increasing use of
flat glass coatings in the automotive industry is
also expected to positively contribute to the
growth of the flat glass coatings market.
However, stringent regulations pertaining to the
use of solvent-based flat glass coatings are
expected to be a major factor hampering the
growth of the global market. The polyurethane
resin segment is anticipated to register the
highest CAGR during the forecast period.
Polyurethane resins offer benefits such as
durability, high gloss, high strength, and easy
to clean which makes them suitable for
high-performance applications.
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Flat Glass Coatings Market - 2023
Regional Analysis The global flat glass coatings
market has been segmented into five regions,
namely, Asia-Pacific, North America, Europe,
Latin America, and the Middle East Africa. The
market in Asia-Pacific is estimated to be the
largest and fastest-growing during the forecast
period. Rising government spending on the
development of infrastructure in the region and
increasing automobile production are the major
factors contributing to the growth of the market.
The North American flat glass coatings market was
the second-largest in 2017 and is expected to
remain so during the review period. The presence
of major automobile manufacturers and the growing
demand for green commercial buildings in the
region have led to a surge in the use of flat
glass coatings. The market in the Middle East
Africa is also likely to exhibit steady growth
owing to increasing construction in the
region. Segmentation The global flat glass
coatings market has been segmented on the basis
of resin type, technology, application, and
region. On the basis of resin type, the market
has been categorized as polyurethane resin,
acrylic resin, epoxy resin, and others. On the
basis of technology, the market has been
segmented into solvent-based, water-based, and
Nano. Based on application, the global flat
glass coatings market has been segmented into
solar power, mirror, architectural, automotive
and transportation, and others. On the basis of
region, the market has been segmented into North
America, Asia-Pacific, Europe, Latin America, and
the Middle East and Africa.
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Flat Glass Coatings Market - 2023
Key Players Some of the manufacturers operating
in the global flat glass coatings market are
Fenzi SpA (Italy), Arkema (France), Ferro
Corporation (US), Vitro (Mexico), the
Sherwin-Williams Company (US), Nippon Paint
Company Limited (Japan), Nano-Care Deutschland AG
(Germany), Hesse GmbH Co. KG (Germany), Tribos
Coatings (International) Ltd (UK), CCM GmbH
(Germany), and Glas Trösch Holding AG
(Switzerland). Intended Audience Flat glass
coatings manufacturers Traders and distributors
of flat glass coatings Research and development
institutes Potential investors Raw material
suppliers Nationalized laboratories
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