Global Flat Glass Coatings Market Size By Resin (Polyurethane, Epoxy, Acrylic), By Technology (Solvent-Based, Water-Based, Nano Coatings), By Application (Mirror Coatings, Solar Power, Architectural), By Geographic Scope And Forecast
Published on: 2024-08-02 | No of Pages : 320 | Industry : latest updates trending Report
Publisher : MIR | Format : PDF&Excel
Global Flat Glass Coatings Market Size By Resin (Polyurethane, Epoxy, Acrylic), By Technology (Solvent-Based, Water-Based, Nano Coatings), By Application (Mirror Coatings, Solar Power, Architectural), By Geographic Scope And Forecast
Flat Glass Coatings Market Size And Forecast
Flat Glass Coatings Market size was valued at USD 1.9 Billion in 2021 and is projected to reach USD 10.3 Billion by 2030, growing at a CAGR of 18.10% from 2022 to 2030.
The rise in demand for decorative products is anticipated to boost the global Flat Glass Coatings Market during the forecast period. Demand for decorative mirrors is expected to increase in beauty & cosmetics, architecture, and other applications. The rise in the number of architectural structures is projected to augment the Flat Glass Coatings Market in the near future. An increase in disposable income and changing lifestyles are factors driving the Flat Glass Coatings Market. The Global Flat Glass Coatings Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Flat Glass Coatings Market Definition
Coatings are applied on glass surfaces to offer special features to glass products. Flat glass is processed with coatings to provide certain qualities and properties, such as self-cleaning, water and dirt retardation, corrosion resistance, energy efficiency, increased durability, to the glass. Glass surface is exposed to vapors, which bind to the glass surface, thereby forming a coating. Coated glass is used in mirrors and other decorative applications. Applying coatings to the glass surfaces adds special features and gives rise to a wide range of products.
<span data-sheets-userformat='{"2"12865,"3"{"1"0},"9"0,"12"0,"15""Calibri","16"12}' data-sheets-value='{"1"2,"2""Global Flat Glass Coatings Market Analysis\r\nAccording to Market Research, the Global Flat Glass Coatings Market was valued at USD 1.81 billion in 2019 and is projected to reach USD 7.45 billion by 2027, growing at a CAGR of 20.9% from 2020 to 2027.\r\nRise in demand for decorative products is anticipated to boost the global flat glass coatings market during the forecast period. Demand for decorative mirrors is expected to increase in beauty & cosmetics, architecture, and other applications. Rise in number of architectural structures is projected to augment the flat glass coatings market in the near future. Increase in disposable income and changing lifestyles are factors driving the flat glass coatings market.\r\nGlobal Flat Glass Coatings Market Definition\r\nCoatings are applied on glass surfaces to offer special features to glass products. Flat glass is processed with coatings to provide certain qualities and properties, such as self-cleaning, water and dirt retardation, corrosion resistance, energy efficiency, increased durability, to the glass. Glass surface is exposed to vapors, which bind to the glass surface, thereby forming a coating. Coated glass is used in mirrors and other decorative applications. Applying coatings to the glass surfaces adds special features and gives rise to a wide range of products. Processing of flat glass with coatings offers different qualities and properties such as water & dirt retardation, corrosion resistance, improved durability, and enhanced energy efficiency, and many others. Exposure of flat glass surface to vapors leads to the formation of coatings. Different resins can be used for flat glass coatings such as polyurethane resin, acrylic, epoxy, and many others. An increase in demand for decorative products contributes to the growth of the flat glass coatings market. Flat glass is widely used in construction of commercial and residential buildings. \r\nGlobal Flat Glass Coatings Market Overview\r\nRising adoption of solar installations along with demand for environment-friendly renewable sources of energy are anticipated to drive demand for solar panels, augmenting flat glass coatings market. Moreover, rising awareness for energy conservation, self-sufficiency, and favorable government regulations are anticipated to further drive demand from architectural applications over the years to come. Countries such as Italy, U.K., U.S., Japan, China, India, and Germany featuring unilateral legislations to the Kyoto Protocol, aimed at reducing the greenhouse gas (GHG) emissions is also anticipated to promote market growth.\r\nIn addition, Rise in demand for decorative products is anticipated to boost the global flat glass coatings market during the forecast period. Demand for decorative mirrors is expected to increase in beauty & cosmetics, architecture, and other applications. Rise in number of architectural structures is projected to augment the flat glass coatings market in the near future. Increase in disposable income and changing lifestyles are factors driving the flat glass coatings market. Glass facades are attaining massive popularity, particularly in the commercial building construction sector. Numerous technological innovations have improved the overall performance of glass in light transmission, thermal insulation, and modulating solar heat. In addition, innovations such as double glazed, solar control, and thermal insulation have also contributed essentially towards applications of glass in buildings.\r\nFurthermore, Growing need for utilization of sustainable energy, reduction in carbon footprint, and favorable government policies targeted at reducing consumption of fossil fuel are likely to propel growth of the solar power sector. Solar module industry is anticipated to register major demand for flat glass coatings in solar projects. De