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Glass Coating Market Size, Share, Industry, Forecast and outlook (2024-2031)

Published: January 2024 || SKU: CH3031
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Glass Coating Market is segmented By Type (Pyrolytic Coating, Sol-Gel Coating, Magnetic Sputtering, Coating, Others), By Coating Type (Solar Reflective Glass, Low-E Coating, Functional Coating, Self-Cleaning Coating, Anti-Reflective Coating, Photovoltaic Coating, Others), By Technology (Solvent-Based, Water-Based, Nano-Based), By Application (Windshields, Specialty Glass, Microwave, Glass Beverage, Coating, Ceramic, Gold, Others), By End User (Automotive, Architectural, Appliance, Container, Decoration, Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2024-2031

 

Glass Coating Market Overview

The Glass Coating Market is expected to grow at a high CAGR of 8.8% during the forecasting period (2024-2031). 

Glass coatings are used as energy-saving coating materials that provide an esthetic demand to glass substrates. Moreover, the coating is highly long-lasting and offers benefits like protection from chemical & mechanical stress, increased scratch resistance, and shatter protection. Furthermore, the layers are abrasion & chemical resistant and protect against UV radiation. They are widely employed in the automotive, building & construction, marine, and aviation industries. The coatings consist of silicon dioxide particles with hardened resin and are applied to vehicles and buildings to resist contamination and increase shine.

Glass Coating Market Scope

Metrics

Details

Market CAGR

8.8%

Segments Covered

By Type, By Coating Type,  By Technology, By Application, By End User and By Region

Report Insights Covered

Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other vital insights.

Fastest Growing Region

Asia Pacific

Largest Market Share 

North America

 

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Glass Coating Market Dynamics and Trends

The increasing demand for energy efficiency, energy costs, and rising adoption of green buildings are expected to boost the market growth in the forecast period. Moreover, the growing demand for glass coating in the automotive sector increased vehicle sales and grew the glass coating market growth. Besides, the increasing awareness among consumers regarding energy-efficient structures increases the demand in residential and commercial buildings.

Furthermore, the increasing urbanization and infrastructural plans by governments will continue to grow market growth. Moreover, fast transport, renewable energy, social and commercial infrastructure, government service, and defense infrastructure will further increase the development. Moreover, the buildings adopt green initiatives to become sustainable, and glass facades attain massive popularity, particularly in the commercial building sector. Besides, the technology and innovations that have improved the overall performance of glass in thermal insulation, light transmission, modulating solar heat, double glazed, and solar control have contributed to the glass coating market's growth.

Glass Coating Market Segmentation Analysis

By type, the market is segmented into a pyrolytic coating, sol-gel coating, magnetic sputtering coating, and others. By coating type, the market is segmented into solar reflective glass, low-E coatings, functional coating, self-cleaning coatings, anti-reflective coatings, photovoltaic coatings, and others. By technology: solvent-based, water-based, and nano-based. By resin, polyurethane, acrylic, epoxy, others. The market is segmented into windshields, conductive, specialty glass, microwave, glass beverage, coatings, gold, ceramics, and others by the application. The market is segmented into automotive glass, architectural, appliance, container, decoration, and others by end-user.

Low E coatings include single silver low-E, double silver low-E, triple silver low-E. The difference between them is of silver layers numbers inside the coating compared with the exact insulated glass 2.8W/M2. K U value, double glazed units with low-E coatings can reach 1.5W/M2. K U. The most advanced low-E IGU combination is Triple silver low-E coated+12WAR+clear +12WAR Triple silver low-E coated value that can be 0.6w/m2.k.This kind of glass is used in passive buildings and keeps the minimum temperature difference between indoor and outdoor. Moreover, the greenhouse/solar glass industry requires high light transmittance and provides higher solar energy to penetrate the glass. Simultaneously, anti-reflective coatings will boost the light transmittance by 2.5% and decrease the light reflective to about 2%. Even though the difference looks small, but the extensive scale application will make a big difference. Besides, anti-reflective coatings are also used in museums to ensure a better visiting effect.

Global Glass Coating Market Geographical Share

The Asia Pacific dominates the region's glass coatings market due to the increase in demand of automotive and construction industries. The developed countries like China, Australia, South Korea, and Japan are anticipated to be significant contributors to the regional order. Moreover, the automobile sector's development and innovation are expected to boost the forecast period's glass coating market. Besides, the construction industry is expanding rapidly in developing economies countries in this region.

North America is expected to lead the glass coatings market due to the increased demand for repair & refurbishment activities in the region's construction field. Moreover, the company also practices in the niche sector on organic dyes for glass coating application. Simultaneously, the glass coatings market in Latin America, and Middle East & Africa is expanding at a slow pace compared to that in developed economies. Besides, the population growth, urbanization, and rising disposable income in Mexico are expected to boost the market in the forecast period.

Glass Coating Market Companies and Competitive Landscape

The glass coating market is fragmented with the presence of regional and global players. The competitive outline lies with the increase in the regional company and growing investment in upstream application. 3M, Sherwin-Williams, Henkel A.G., Akzo Nobel N.V., Valspar Corporation, Axalta Coatings, Euroglas GmbH, PPG industries, Morgan Advanced Materials, Kyocera Corp. are the major player in the coating market. The major players are adopting several growth strategies such as product launches, acquisitions, and collaborations, contributing to growing the glass coating market globally.

Kyocera Corp.

Kyocera’s new touch LCD panels have unique features and provide superior visibility and durability than conventional LCD touch panels' film/glass structure. By delivering its current LCD models with the new glass/glass touch panels, Kyocera releases a new line of high-value-added touch panel LCDs ideally suited for use in industrial equipment. Moreover, LCDs manufacture mainly for industrial applications like factory automation, medical equipment, and measurement instruments. Besides, it develops the overall visibility in outdoor applications by advancing glass structure touch-panel-equipped LCDs as a perfect unit with inner touch panel for a design that transfers the polarizer surface coating, typically used directly to the LCD, to the touch substrate drastically to reduce the number of inner reflections among the touch panel substrates and the LCD. The market of an LCD panel is expected to boost the market growth in the forecast period.

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FAQ’s

  • The market is growing at a high CAGR of 8.8%.

  • Major players are 3M, Sherwin-Williams, Henkel A.G., Akzo Nobel N.V., Valspar Corporation, Axalta Coatings, Euroglas GmbH, PPG industries, Morgan Advanced Materials, Kyocera Corp.

  • North America is the Largest Market Share in Glass Coating Market.

  • Asia Pacific is the fastest growing market share during the forecast period.
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