Global Flat Glass Coatings Market to value over USD 6.2 billion by 2029 end and register a CAGR of over 20% from 2019 to 2029.
Advancing number of buildings are embracing green initiatives to become sustainable. Glass facades are accomplishing massive prevalence, particularly in the commercial architecture sphere. Copious amounts of technological innovations have developed the collective performance of glass in light transmission, thermal insulation, and in modulating solar heat. In addition, variations such as double glazed, solar control, and thermal insulation have also contributed significantly towards the employment of glass in buildings.
Global demand for green buildings has grown significantly over the past few years. Green buildings serve various social, environmental, and economic benefits. Flat glass coatings play a vital role in reducing building operational costs. Thus, the rise in the construction of green buildings will directly contribute to the rise in demand for flat glass coatings.
The Asia Pacific was estimated to be the largest regional market. Developing the factorile and construction industry is expected to be the major factors driving demand for these products over the forecast period.
North America is expected to drive the market, on account of the growing construction sector primarily in the U.S. and Mexico. Under the National Infrastructural Plan of Mexico, the government planned an approximate investment of USD 590 billion from 2014 to 2018. This is anticipated to promote construction for residential and commercial structures. Population growth, urbanization, and rising disposable income in Mexico are expected to play important regional growth drivers.
The global market is highly competitive with the existence of principal shareholders such as Arkema Inc.; Fenzi Spa; Ferro Corporation; Hesse Gmbh & Co. Kg; Dow Corning; and PPG Industries.
Product innovation is likely to open up new opportunities over the next few years. This is also expected to impel overall competitiveness as manufacturers are striving to increase their production capacities and product portfolios.
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1. By Resin Type
2. By Technology
Nano Coatings Technology
3. By Application
Photovoltaic Solar Power System
Concentrated Solar Power System
Automotive & Transportation
4. By Region
Rest of the World
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Tier 1 players- established companies in the market with a major market share
Tier 2 players
Emerging players which are growing rapidly
Key data points affecting market growth
Objectives of the Study:
To provide an exhaustive analysis on the global flat glass coatings market by resin type, by technology, by application, and by region
To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
To evaluate and forecast micro-markets and the overall market
To predict the market size, in key regions (along with countries)—North America, Europe, Asia Pacific, Latin America, and rest of the world.
To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions
Profiling of companies to evaluate their market shares, strategies, financials and core competencies
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