Glass Coating Market Growth Trends, Cost Structure, Driving Factors and Future Prospects 2023

On the Basis of Geography, the Global Glass Coatings Market is divided into Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Asia Pacific is the major shareholder of the Global Glass Coatings Market due to growing use in end-use industries such as construction, paints & coatings, marine, energy, automobile & transport, and others. Japan is the major player of this market and is anticipated to continue its dominance followed by China, South Korea, and India over the assessment period. Growing production of smartphones, tablets, TVs, and computers is likely to fuel the demand for Glass Coating Market during the forecast period.

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Rapid urbanization and rising demand from the major industries such as automobile & transport, energy storage, marine, and others in the European region are likely to propel the market growth at a high CAGR during the forecast period. Germany is one of the leading players of this market followed by the U.K., Italy, and France; and is expected to continue the same over the review period. The pyrolytic coating segment is leading the market in this region and expected to be replaced by the magnetic sputtering coating during the forecast period due to various disadvantages such as short life, long production hours, among others.

The North American countries such as the U.S. and Canada are contributor to the Global Glass Coating Market due to developed technologies such as nano glass coating and liquid Glass Coating. The liquid glass coating segment holds the major share of the glass coating market due to its aesthetic appearance, long life duration, and protection from pollutants. Sol-gel coating and nano Glass Coating segments are projected to grow at a high CAGR during the forecast period due to benefits and advantages offered by the product such as excellent UV protection, and protection from naturally acid contaminants.

The Middle East & Africa is estimated to grow rapidly due to increasing usage in various applications such as packaging, medicals, and drug delivery carriers. Nigeria is one of the leading players in this region followed by South Africa, Ghana, and others. Moreover, a sustainable development has achieved in the Latin American region such as Brazil, Uruguay, and Argentina due to growing use in heavy vehicles, automobile and transport, marine, and others industries.

Key Players:

The major players functioning in the Global Glass Coating Market are 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.

Segmental Analysis:

The Global Glass Coating Market is classified into Type, Technology and Application.

On the Basis of the Type, the market is classified into pyrolytic coatings, magnetic sputtering coating, and sol-gel coatings.

On the Basis of Technology, the market is divided into liquid glass coating and nano glass coating.

On the Basis of Application, the market is further classified into construction, paints & coatings, automotive and transport, marine, aviation, and others.

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