Glass Coatings: Development and Innovation made in the Technology is projected to boost the Global Market during the Forecast Period

Pune, India, November 1, 2017, /MRFR Press Release/- Market Research Future Published a Half-Cooked Research Report on Global Glass Coatings Market

Glass Coatings are utilized to give high performance and surface finish to materials, which can be applied in a wide array of applications. It offers excellent UV resistance, high optical activity, and cleansing properties. The properties mentioned above are projected to propel the growth of the Global Glass Coating Market during the forecast period. Additionally, growing use in end-use industries such as construction, paints & coatings, automotive & transport and others likely to add fuel to the global market growth.

Key Players:          

Some of the prominent players operating in the Global Glass Coating Market: PPG Industries (U.S.A.), Morgan Advanced Materials (U.K.), SCHOTT AG (Germany), Kyocera Corp (Japan), The NSG Group (Japan), Murata Manufacturing Co. Ltd (Japan), Saint-Gobain (France), Corning Inc. (U.S.A.), and Emirates Float Glass (U.A.E), among others.

Market Segmentation:

The Global Glass Coatings Market is differentiated into type, technology, application, and region. Based on the type, the market is classified into the pyrolytic coating, magnetron sputtering coating, and sol-gel coating. Among these, the pyrolytic coating segment accounts for the significant share of the Global Glass Coating market due to its excellent features such as reliability, sustainability, and durability; it is expected to continue its dominance followed by magnetron sputtering coating over the forecast period 2017-2023. Advancement in the pyrolytic technology has brought a decline in the magnetron sputtering coating market in the recent years due to latter’s short life and take a long time for production. It is estimated that sol-gel coating is projected to grow at a significant CAGR during the forecast period due to improved nanotechnology.

By Technologies, the market is segmented into nano Glass Coating and liquid glass coating. The liquid glass coating technology is the prominent contributor to the market due to its beauty, lifelong duration, and excellent protection from dirt, pollutants, sand, and debris, among others. The nano glass coating is projected to dominate the market due to its non-toxic, easy application and extended life over the review period.

By Application, the market is classified into construction, paints &coatings, automotive and transport, marine, aviation, and others. Among these, the paints and coatings segment is set to grow at a higher CAGR during the forecast period.

Segmental Analysis:

Based on geography, the Global Glass Coating is segregated into five regions namely Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa. Among these, Asia Pacific holds the significant share of the global glass coating market followed by Europe and North America due to its growing applications in end-user industries such as construction, paints & coating, marine, and others. The introduction and the advancement in the technology have boosted the market growth in the European countries such as Germany, Italy, the U.K, and France. The Global Glass Coating Market has witnessed a significant development in the North American and the Middle East & African region due to prominent trends such as energy storage, and optical effect. Also, the Latin American region is expected to show rapid growth due to growing usage in heavy-end industries over the forecast period.

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