the market is projected to undergo robust growth at more than 8% CAGR over the course of forecast period (2019-2029). Governments across the globe are imposing stringent construction regulations which warrant the growth of coated glass market, particularly owing to demand growth in energy-efficient buildings, finds Fact.MR.
“Demand for coated glass is impelled by greater emphasis of governments on curbing carbon emissions from industrial plants and from corporate sector. Highly-favored attributes of coated glass such as solar control promotes reduced electricity consumption owing to less utilization of cooling systems,” says Fact.MR analyst.
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Noteworthy coated glass companies are, but not limited to,
- AGC Inc.
- Central Glass Co. Ltd.
- CEVITAL GROUP
- China Glass Holding Ltd.
- Euroglas
- Fuyao Glass Industry Group Co.Ltd.
- Guardian Industries
- Nippon Sheet Glass Co.Ltd
- Saint-Gobain S.A.
- SCHOTT AG
- Sisecam Group
- Taiwan Glass Ind. Corp.
- Vitro S.A.B. DE C.V.
- Xinyi Glass Holdings Co. Ltd.
- Cardinal Glass Industries.
Global Coated Glass Market: In-Depth Assessment on Key Segments
The global coated glass market is segmented on the basis of coating, application and region.
- By Coating :
- Hard
- Soft
- By Application :
- Architectural
- Automotive
- Optical
- Others
- By Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- Middle East & Africa
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Advanced Manufacturing Technologies Shape Competitive Landscape
Industry 4.0 technologies such as cobots and automated guided vehicles are reducing production costs associated with coated glass manufacturing.
Deployment of advanced, integrated, and augmented working systems enable manufacturers to conduct real time interaction with international customers and cater to emerging made-to-order manufacturing trends.
Market players are focused on developing robust positions in emerging markets via strategic partnerships, capacity expansion, and advancements in material science.
Market players are innovating products for niche customer segments to tap into potential revenue sources.
For instance, hydrophilic glasses clean and prevent fog collection, whereas, icephobic glass prevent snow collection on surfaces.