Analysis of Coated Glass market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Coated glass improves energy efficiency of infrastructure. Increasingly stringent construction regulations across the globe warrant an increase in energy efficiency of buildings.
Surging emphasis on reducing carbon emissions from corporate, as well as, industrial plants is impelling demand for coated glass in commercial applications.
Reflection properties such as solar control, helps in reducing excessive heat and promotes decreased consumption of electricity by cooling systems.
The coated glass market is set to project a growth trajectory of more than 8% CAGR during the forecast period (2019 – 2029).
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Architectural applications of coated glass currently make up 90% of the global coated glass sales.
Growth of this segment is promising throughout the projection period considering the significant value addition of coated glass in energy efficient architecture. Double digit growth rates can be witnessed in automotive, and optical applications.
Rising global temperature has made coated glass an industry standard in automotive. Owners of commercial, as well as, personal vehicles opt for coated glass windows, on the back of, surging need for sun blocking while driving.
Similarly, omnipresent need for sun blocking in optical lenses bolster demand from optic end-use. During the projection period, the optical and automotive coatings segment will grow at 16% and 10% CAGR respectively.
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APAC (East Asia and Southeast Asia & Oceania) will remain firmly in the lead with more than 40% share of the total market value.
Developing economies such as India, Indonesia are investing heavily in construction of energy efficient infrastructure.
Coated glasses are an ideal alternative to the traditional tint glasses, as the former only allows short wave light to pass through, while the latter only reduces the amount of heat and light transfer.
Middle east & Africa offer the most lucrative opportunities with a stellar CAGR of over 11% from 2019 to 2029.
GCC countries such as Saudi Arabia, Oman, and Kuwait face extremely high temperatures every year.
Hence, the development of new and renovation of old infrastructure will drive the demand for sun reflective coated glass throughout the forecast period.
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.
Noteworthy coated glass companies are, but not limited to,
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The global coated glass market is segmented on the basis of coating, application and region.
This taxonomy and the detailed TOC prepared are confidential and intended exclusively for the individual or entity with whom it is being shared. Reading, disseminating, distributing, or copying this to any party other than addressee(s) is unauthorized and prohibited.
Country-specific assessment on demand for coated glass has been provided for each regional market, along with the market size valuation and forecast price point assessment, price index and impact analysis of key regional and country-wise dynamics, which were obtained through quotes from numerous coated glass manufacturers, experts, and suppliers.
Y-o-Y growth projections have also been offered on all regional markets incorporated in the report. Moreover, future trends, growth prospects, and other possibilities related to the market have been answered in the report.
The report provides company-level market share analysis, which has been derived on the basis of the company’s annual sales and segmental revenue in all the target end-use industries.
The market has been forecasted based on constant currency rates.
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The Prominent manufacturers covered: 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.
The largest segment in the Coated Glass market is Application.
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