Global Flat Glass Coatings Market Size to Reach 7455.8 Million by 2028

WASHINGTON, Feb. 23, 2022 (GLOBE NEWSWIRE) -- Vantage Market Research’s recent analysis of the Global Flat Glass Coatings Market finds that increase in the infrastructural development activities is expediting market growth. Primarily due to the extensive usage in building construction-both in commercial and residential sectors through different emerging economies, the total Global Flat Glass Coatings Market is estimated to reach 7455.8 Million by 2028.

The market stood at a revenue of 1,986.2 Million in the year 2021, and is expected to grow at a Compound Annual Growth Rate (CAGR) of 20.8%.

Furthermore, the increasing technological advancements are also anticipated to augment the growth of the Global Flat Glass Coatings Market, states Vantage Market Research, in a report, titled “Flat Glass Coatings Market by Resin Type (Polyurethane, Epoxy, Acrylic, Others), by Technology (Solvent-Based, Water-Based, Nano Coatings), by Application (Mirror Coatings, Solar Power, Architectural, Automotive & Application), by Region (North America, Europe, Asia Pacific, Latin America) - Global Industry Assessment (2016 - 2021) & Forecast (2022 - 2028)”.

Using industry data and interview with experts, you can learn about topics such as regional impact analysis, global forecast, competitive landscape analysis, size & share of regional markets.

Free sample includes, Industry Operating Conditions, Industry Market Size, Profitability Analysis, SWOT Analysis, Industry Major Players, Historical and Forecast, Growth Porter's 5 Forces Analysis, Revenue Forecasts, Industry Trends, Industry Financial Ratios.

The report also presents the country-wise and region-wise analysis of the Vantage Market Research and includes a detailed analysis of the key factors affecting the growth of the market.

Sample Report further sheds light on the Major Market Players with their Sales Volume, Business Strategy and Revenue Analysis, to offer the readers an advantage over others.

Market Dynamics:

Increasing inventions in glass technology to Fuel Global Flat Glass Coatings Market

Flat glass coating is getting popular, especially in the commercial construction industry. Multiple technical inventions in glass technology have enhanced the prevalent performance in light transmission, thermal insulation, and modulating solar heat, as well. Inventions, such as double glazed, solar control, and thermal insulation, have led to improved product application and installations. The global requirement for green buildings has grown enormously. Green buildings suit different social, environmental, as well as financial advantages. Flat Glass Coatings play a vital role in lowering the functioning costs of building. Thus, a peak in the construction of green buildings will instantly contribute to market growth.

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Increasing Architectural Designs and Unique Properties to Stimulate the Market Growth

The demand for decorative mirrors is anticipated to increase in beauty & maquillage, architecture, and additional industries. The peak in the number of architectural designs and growth in disposable earnings and developing lifestyles are aspects driving the glass coatings market. This attributes to the additional qualities and effects such as water & dirt retardation, corrosion antagonism, enhanced durability, and improved energy efficiency, and many others. Thus, acting as a factor to drive Flat Glass Coatings Market

COVID-19 Impact Analysis:

The COVID-19 outbreak has affected various industries worldwide. Governments across the world implemented strict lockdown measures and social distancing norms in order to restrict the swift spread of the pandemic. Manufacturing facilities around the world were shut down during the initial stages of the pandemic. Moreover, the economic crisis after the pandemic might lead to a significant delay in the commercial roll-out of the coatings industry. Small and medium-scale companies are the backbone of technology providers and are witnessing a steep drop in revenue since the emergence of the pandemic in 2020. Hence, market players faced numerous challenges as disruptions in the supply chain were observed. However, things will improve in the second half of 2022 as more supplies will come online. The impact of COVID-19 on the market demand is considered while estimating the current and forecast market size and growth trends of the market for all the regions and countries based on the following data points:

Impact Assessment of COVID-19 Pandemic

North America

Europe

Asia Pacific

Latin America

Middle East & Africa

Quarterly Market Revenue Forecast by Asia Pacific 2020 & 2021

Key Strategies Undertaken by Companies to Tackle COVID-19

Long Term Dynamics

Short Term Dynamics

The report on Flat Glass Coatings Market highlights:

Assessment of the market

Premium Insights

Competitive Landscape

COVID Impact Analysis

Historic Data, Estimates and Forecast

Company Profiles

Global and Regional Dynamics

Regional Analysis:

Asia Pacific Dominates the Global Flat Glass Coatings Market

Asia Pacific has dominated the Global Flat Glass Coatings Market in 2021 and is likely to continue the same trend during the forecast period. This is attributable to the increasing adoption of these technologies and rising investment in R&D activities across the region. Furthermore, rising application in solar industries in these regions is also expected to support the regional growth of the market.

Asia Pacific is likely to witness fastest growth in the Flat Glass Coatings Market during the forecast period. This is attributable to the rapidly expanding construction sector, primarily in the U.S. and Mexico. Additionally, the increasing population growth, urbanization, and rising disposable income levels expected to support the growth of the Flat Glass Coatings Market in near future.

List of Prominent Players in the Flat Glass Coatings Market:

Fenzi

Arkema

Ferro

Vitro

Sherwin-Williams

Nippon Paint

Nano-Care Deutschland

Hesse

Tribos Coatings

Apogee Enterprises (Viracon)

CCM GmbH

Glas Trösch

Nanoshine

Diamon-Fusion

Casix

Warren Paint & Color

Nanonix Japan

Anhui Sinograce Chemical

Yantai Jialong Nano Industry

Sunguard (Guardian Glass)

Advanced Nanotech Lab

Pearl Nano

Nanotech Coatings

Bee Cool Glass Coatings

DOW Corning