Flat Glass Coatings Market
The Flat Glass Coatings Market is expected to expand at an annual rate of 20.4% over the forecast period. Rapid urbanization and a surge in infrastructural developments across developing nations are the major factors fuelling market growth.
Flat glass coatings are applied to the glasses to change their look and offer glossy surfaces, sturdiness, and energy efficiency. These coatings are used in the production of anti-reflective gas, solar control gas, and low e-glass. Flat glass coatings help in decreasing the operational cost of buildings. Thus, as per the Flat Glass Coatings Market research report, with the rising demand for green buildings because of environmental, social, and economic benefits, the demand for flat glass will increase. The increasing expenditure on construction because of the rapid urbanization and an expansion in social & commercial infrastructure, defense, inexhaustible energy, and transport will drive the market growth. Glass coatings are energy effective, decrease carbon discharge, chemical resilience, and better comfort, which has stimulated their deployment across the construction of buildings in both residential and commercial sector.
By application, the mirror coating is anticipated to hold a larger share over the forecast period due to its increasing usage in architectural, automotive, and beauty applications. Also, there has been a huge demand for decorative mirrors across solar power and automotive & transportation which will further drive the Flat Glass Coatings Market share.
By region, the North American region is projected to expand at a larger CAGR over the forecast period due to the growing urban population, accelerating disposable income, and expansion in the construction industry. Also, the improving lifestyles of people and the growing demand for green buildings with the rising demand for decorative mirrors across the construction sector will bolster the market growth. The region has a strong presence of leading companies such as Ferro Corp., The Sherwin-Williams Company, and 3M Company which will propel the Flat Glass Coatings market size.
Flat Glass Coatings Market Segmentation:
Flat Glass Coatings Market by Resin Type
Flat Glass Coatings Market by Technology
- Nano Coatings
Flat Glass Coatings Market by Application
- Mirror Coatings
- Solar Power
- Automotive & Application
Flat Glass Coatings Market by Region:
- Asia Pacific
- Rest of APAC
- North America
- United States of America
- United Kingdom
- Rest of Europe
- South Africa
- Saudi Arabia
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