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Sales of Flat Glass Coatings To Increase from Top -use Industries During Forecast Period 2023 – 2032 : Fact.MR

The flat glass coatings market refers to the use of coatings on flat glass surfaces for various applications such as energy efficiency, glare reduction, and aesthetics. These coatings can be applied to both commercial and residential buildings. The market is driven by the increasing demand for energy-efficient buildings and the growing construction industry.

Low-emissivity (Low-E) coatings are widely used for energy efficiency in the flat glass market. These coatings can help reduce the amount of heat entering a building, therefore reducing the energy consumption required for heating and cooling. Other types of coatings include solar control coatings, which are used to reduce glare and heat gain, and decorative coatings, which are used to enhance the aesthetics of a building.

The flat glass coatings market is expected to grow at a high rate in the coming years due to the increasing adoption of energy-efficient buildings, rising construction activity, and growing awareness about the benefits of coatings. Additionally, the market is also driven by the growth in the automotive and solar power industries. However, the market may be hindered by the high cost of coatings and the presence of substitute products.

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Key Segments Covered

  • Application
    • Flat Glass Mirror Coatings
    • Flat Glass Coatings for Solar Power Generation
    • Flat Glass Coatings for Architectural Applications
    • Flat Glass Coatings for Automotive Applications
    • Flat Glass Coatings for Other Applications
  • Resin
    • Polyurethane Flat Glass Coatings
    • Epoxy Flat Glass Coatings
    • Acrylic Flat Glass Coatings
    • Other Resin Flat Glass Coatings
  • Technology
    • Solvent-based Flat Glass Coatings
    • Water-based Flat Glass Coatings
    • Nano Flat Glass Coatings

Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Brazil, Mexico, Argentina, Chile, Peru, Rest of LATAM)
  • EU – (Germany, France, Italy, Spain), UK, BENELUX (Belgium, Netherlands, Luxemburg), NORDIC (Norway, Denmark, Iceland, Sweden), Eastern Europe (Poland, Ukraine, Czech Rep. etc.), Rest of Europe
  • CIS & Russia
  • Japan
  • Asia Pacific Excluding Japan (Greater China, India, S. Korea, ASEAN Countries, Rest of APEJ)
  • Middle East and Africa (GCC Countries, Turkey, Iran, Israel, South Africa , Rest of MEA)

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Key Takeaways from Market Study

  • Acrylic flat glass coatings to experience massive surge, expected to record a stellar 15% CAGR through 2031
  • Polyurethane flat glass coatings likely to be valued at nearly US$ 2 billion by the end of the forecast period
  • Demand for flat glass mirror coatings to emerge the strongest, holding above 40% market share in 2020
  • Water-based flat glass coatings to emerge dominant by technology, capturing over 50% revenue share by 2031
  • Flat glass coating sales in the U.S. topped US$ 400 million in 2020, attributed to high uptake in solar power generation
  • China to spearhead growth in East Asia, expected to reach nearly US$ 1 billion by 2031
  • India, Australia, and South Korea to collectively generate over US$ 600 million in revenu

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