Glass Coating Industry is Set to Fly High in Years to Come

Data Insights Market published a new research publication on "Glass Coating Industry Insights, to 2032" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Glass Coating Industry was mainly driven by the increasing R&D spending across the world.

Some of the key players profiled in the study are:
The Sherwin-Williams Company, Nippon Paint Singapore, Chugoku Marine Paints Ltd, KCC CORPORATION, Jotun A/S, PPG Industries Inc, BASF SE, Kansai Paint, Hempel A/S, Akzo Nobel N V.

Scope of the Report of Glass Coating Industry
The Glass Coating Industry size was valued at USD 1340 Million in 2023 and is projected to reach USD 6580 Million by 2032, exhibiting a CAGR of 5.00% during the forecast periods. The energy-efficient continuous demand for buildings, the automobile industry, and electrical and electronic advances are driving the growth of the glass coating market. UV protection, anti-reflection property, and better thermal insulation are some of the features of glass coatings. Glass coatings find applications in architectural glass, automotive windshields, solar panels, and consumer electronics. The industry is segmented by type into reflective, anti-reflective, solar control, and self-cleaning coatings. There are three main technologies used in making glass coatings: chemical vapor deposition, physical vapor deposition, and sol-gel processes.

The titled segments and sub-section of the market are illuminated below:
End-user Industry: Marine, Oil and Gas, Chemical, Industrial, Construction, Others, Substrate: Steel, Concrete, Resin: Polyester, Vinyl Ester, Epoxy

Market Drivers:
Significant Growth in Oil and Gas Industry
Increasing Need for Improving Lifespan of Equipments

Market Trends:
Significant Growth in Oil and Gas Industry

Restrains:
Volatility in Pricing of Coatings Market
Unfavorable Conditions Arising Due to COVID-19 Outbreak