Flat Glass Coatings Market

Flat Glass Coatings Market is valued at USD 2321.4 Million in 2021 and is expected to reach USD 8613.5 Million by 2028 with a CAGR of 20.6% over the forecast.

Global Flat Glass Coatings Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2021-2028- Significant growth in infrastructure development in various emerging economies is one of the major factors driving the growth of the Global Flat Glass Coatings Market.

Scope of Global Flat Glass Coatings Market Report-  

Flat glass refers to all kinds of glass manufactured in sheets, including flat glass, cast glass, and what is known as blown flat glass. Flat glass coatings are referred as the solvent-based coatings used to enhance the aesthetics, functionality, durability, and performance of the glass and are made of mono-component or multiple components. These coatings offer superior performance in terms of aesthetics and performance. These type of coatings also reduce the greenhouse effect caused by CO2 emissions. Rising demand from solar energy sector for manufacturing solar panels shall exhibit market growth. 

The Covid-19 pandemic had a significant impact on the growth of the global flat glass coatings market. Lockdowns and other restrictions imposed by the government to prevent the spread of infection led to shortages of raw materials as well as manpower, which affected the market supply chain. Lack of raw materials and supply chain disruptions led to termination of subcontractor contracts to control costs. Demand from construction and construction companies was also shown a decline, due to the shutdowns of construction activities, supply chains after restrictions have been lifted, and market players in the sector have no way to reduce the impact of the pandemic on their businesses. Demand for building envelope systems will increase as governments around the world develop supportive policies and seek to restore economics.

The global flat glass coatings market is segmented based on resin type, technology, application, and geography. Based on resin type, the market is segmented into polyurethane, epoxy, acrylic, and others (Silicone and Alkyd). Based on technology, the market is segmented into solvent-based, water-based, and nano coatings. Based on application, the market is segmented into mirror coatings, solar power, architectural, automotive & application, decorative, and others.

The regions covered in the global flat glass coatings market report are North America, Europe, Asia-Pacific, Latin America, and the Rest of the World. Based on a country level, the market of the global flat glass coatings market is subdivided into the U.S., Mexico, Canada, U.K., France, Germany, Italy, China, India, Japan, Southeast Asia, Middle East Asia, GCC, Africa, etc.

Key Players for Global Flat Glass Coatings Market-

Some of the major players operating in the flat glass coatings market report are Arkema, FENZI and Sherwin-Williams Company, Architectural Glass, AVIC Sanxin Co., Ltd., DIAMON-FUSION INTERNATIONAL, Tribos Coatings, Emirates Float Glass LLC, Phoenicia Flat Glass Industries Ltd, Vitro, Rongsheng Glass Nigeria Limited, BOLOUR SHISHEH TABAN CO., SunGuard, NIPPONPAINT,  Hesse, EMERGE GLASS INDIA PVT. LTD., Interglass Flat Glass Factory, Bangkok Glass Plc/ BGF Kabinburi Glass, VASA among other domestic and others.

Global Flat Glass Coatings Market Dynamics-

Although coated glass is widely used in the solar industry, the market is expanding rapidly. In the last decade alone, the average annual growth rate of solar energy in the United States has been approximately 33%. More than 121 gigawatts (GW) of solar capacity have now been installed across the country, enough to power 23.3 million homes, owing to strong federal policies such as the Solar Investment Tax Credit, the rapidly declining costs, and the growing private and public sector. Increased use of coatings in solar glass panels is driving the market. Consumers' preference for green and clean energy sources in meeting the demand for solar panels. The U.S. According to the Department of Energy, light-to-electrical coverage increases the coating efficiency and output by about 3-6%. Flat glass coating also reduces the cost of maintaining the solar panel. 

In addition, increasing government initiatives supporting the construction of green buildings are also supplementing the growth of the market. For example; the World Green Building Council has designed to promote Net Zero, a global program working towards total sector decarbonization by 2050. The main goal of the program is to develop tools, programs, and resources to collaborate with the Green Building Councils on the network. 

Furthermore, the rise in demands for everyday conveniences and ways of life has increased interest in enhancing mirrors, which are often more expensive than standard mirrors. The flooding of solar energy in emerging nations, as well as the predominance of solar energy in private applications, has contributed to the global expansion of the solar PV glass market, increasing the need for level glass coatings. Demand for this specialty has grown significantly as a result of recent corporate development. The flooding of solar energy in emerging nations, as well as the predominance of solar energy in private applications, has contributed to the global expansion of the solar PV glass market, increasing the need for flat glass coatings. Over the last several years, there has been a growing global interest in green buildings. For instance; LEED (Leadership in Energy and Environmental Design) is one of the most popular green building certification programs in the world, with over 96,000 LEED projects in 167 countries and territories. U.S. Developed by the Green Building Council (USGBC), it provides building owners and operators with a framework for identifying and implementing practical and measurable green building design, construction, operations and maintenance measures. Flat glass coatings play an important role in reducing the operating costs of a building. 

However, the high cost of these coatings may hamper the market growth. In spite of that, research and development could lead to the development of new products and may offer more growth opportunities in the near future.

Global Flat Glass Coatings Market Regional Analysis-

Asia Pacific is expected to witness a fastest growth in the global flat glass coatings market owing to the increasing population growth and development of infrastructure in this region. China is the world's largest manufacturer and supplier of flat glass. In addition, India is fast becoming one of the world's leading manufacturers of consumer electronics and home appliances. The production of flat glass will be aided by increased foreign direct investment and domestic manufacturing units of consumer electronics companies which will increase the use of flat glass coating.

In North America, glass coating is becoming more widely used as the demand for energy-efficient buildings has increased. According to the BrandEssence Electric Power Research report, by 2020, solar energy will account for 3% of US electricity generation from all sources. Moreover, countries and established businesses in the region are aggressively investing in solar energy technology to reduce their dependence on conventional energy sources. As a result, flat glass coating is projected to become more popular, and U.S. The government has drafted building energy codes and standards which is likely to boost economic growth.

Report Analysis	Details
Historical data	2018 - 2021
Forecast Period	2022 - 2028
Market Size in 2021:	USD 2321.4 Million
Base year considered	2021
Forecast Period CAGR %:	20.6%
Market Size Expected in 2028:	USD 8613.5 Million
Tables, Charts & Figures:	175
Pages	200
Flat Glass Coatings Companies	Arkema, FENZI and Sherwin-Williams Company, Architectural Glass, AVIC Sanxin Co., Ltd., DIAMON-FUSION INTERNATIONAL, Tribos Coatings, Emirates Float Glass LLC, Phoenicia Flat Glass Industries Ltd, Vitro, Rongsheng Glass Nigeria Limited, BOLOUR SHISHEH TABAN CO., SunGuard, NIPPONPAINT,  Hesse, EMERGE GLASS INDIA PVT. LTD., Interglass Flat Glass Factory, Bangkok Glass Plc/ BGF Kabinburi Glass, VASA among other domestic and others.
Segments Covered	By Resin Type, By Technology, By Application
Regional Analysis	North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa

Global Flat Glass Coatings Market Segmentation:

 By Resin Type

• Polyurethane 
• Epoxy 
• Acrylic 
• Others (Silicone and Alkyd) 

By Technology

• Solvent-Based 
• Water-Based 
• Nano Coatings 

By Application

• Mirror Coatings 
• Solar Power 
• Architectural 
• Automotive & Application 
• Decorative 
• Others 

Flat Glass Coatings Market Key Players

• Arkema
• FENZI and Sherwin-Williams Company
• Architectural Glass
• AVIC Sanxin Co., Ltd.
• DIAMON-FUSION INTERNATIONAL
• Tribos Coatings
• Emirates Float Glass LLC
• Phoenicia Flat Glass Industries Ltd
• Vitro
• Rongsheng Glass Nigeria Limited
• BOLOUR SHISHEH TABAN CO.
• SunGuard
• NIPPONPAINT
• Hesse
• EMERGE GLASS INDIA PVT. LTD.
• Interglass Flat Glass Factory
• Bangkok Glass Plc/ BGF Kabinburi Glass
• VASA
• Others

On Special Requirments Flat Glass Coatings Market Report is also available for the below Regions and Countries:

North America

• U.S.
• Canada

Europe

• Germany
• France
• U.K.
• Italy
• Spain
• Sweden
• Netherland
• Turkey
• Switzerland
• Belgium
• Rest of Europe

Asia-Pacific

• South Korea
• Japan
• China
• India
• Australia
• Philippines
• Singapore
• Malaysia
• Thailand
• Indonesia
• Rest Of APAC

Latin America

• Mexico
• Colombia
• Brazil
• Argentina
• Peru
• Rest of South America

Middle East and Africa

• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest Of MEA

Key Benefits in Global Flat Glass Coatings Market- 

• Global Flat Glass Coatings Market report covers in-depth historical and forecasts analysis. 
• Global Flat Glass Coatings Market report covers in-depth historical and forecasts analysis. 
•  Market research report provides detailed information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market Opportunities, Competitive Analysis, and Regional and Country levels. 
• Global Flat Glass Coatings Market report helps to identify opportunities in the marketplace. 
• The global Flat Glass Coatings Market report covers extensive analysis of emerging trends and the competitive landscape.