In a recent business intelligence study, FactMR presents the nitty-gritty of the global coated glass market considering 2014-2018 as the historic year and 2019–2029 as the stipulated timeframe. The business report highlights the drivers, restraints, opportunities and trends affecting coated glass market growth. Further, all the market shares associated with the market as well as the segments are expressed in terms of value and volume.
Rising temperatures and increasingly stringent carbon emission norms position the global coated glass market to grow at a robust pace of over 8% CAGR during the forecast period (2019-2029). Coated glass characteristics such as solar control, and enhanced illumination garner consumer traction. Reduction of carbon emissions from cooling systems is a priority for organizations. Coated glass aids energy savings by reducing the amount of cooling or heating required in corporate and commercial buildings. Modern architecture is witnessing rampant adoption of coated glass in residential, as well as, commercial spaces. Architects at the forefront of modern designs, employ coated glass in strategic ways to extract maximum sun blocking, while enhancing visual appeal. When coupled with high-temperature outliers in GCC countries, analysts project a meteoric growth in Middle East.
The coated glass market study outlines the key regions – Latin America, North America, MEA, Europe and APEJ – along with the countries contributing the most in the respective regions. The report presents detailed insights about each market player, including SWOT analysis, main market information, market share, revenue, pricing and gross margin. Prominent players covered in this research are Guardian Industries, Nippon Sheet Glass Co., Ltd, Saint-Gobain S.A., SCHOTT AG and many more.
Key Takeaways of Coated Glass Market Study
East Asia accounts for a majority of global sales with more than 1/4rd of the total market value. The region exhibits an impressive 7% CAGR growth. Middle East & Africa offers the most remunerative growth opportunities, on the back of, market penetration of international coating standards coupled with increasing disposable income of high-net-worth individuals. Owing to low emissivity and cost-efficient production processes, the soft coating segment will grow 2X from 2019 to 2029.
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Architectural applications will continue to lead product demand on the back of increasing infrastructure development and the consequent need for energy efficient buildings. Optical applications exhibit the highest growth rate of more than 15% CAGR till 2029. Consumer preference for sun blocking characteristics in lenses and anti-glare glasses propel the coated glass demand from this segment. Automotive applications will show the second highest growth of over 10% CAGR during the forecast period. Commercial and consumer vehicles are rapidly employing sun reflective glasses to address temperature control and anti-glare needs while driving.
The global coated glass market size is expected to reach USD 48.17 Billion by 2027, registering a revenue-based CAGR of 8.3% over the forecast period, according to a new report by Report and Data.
One of the key drivers of the industry is the growth of the building and construction industries and the growing focus on green buildings worldwide.
For both practical and ornamental purposes, the coated glass is used.Technological advancement in the transport sector has positively influenced manufacturers in terms of safety and high fuel efficiency to invest in R and to expand & improve the product range, stimulating the growth of the coated glass industry.
These products help to reflect excessive IR and UV radiation and provide safety, and resistance to thermal shock, thus propelling demand for coated glass on the market.
China held the highest share in the region, while emerging economies, such as India and the nations of Southeast Asia, are assessed to witness substantial growth in the coming years.
Rapid industrialization in the area is due to the development of the building and construction sector and such a factor will play a major role in driving coated glass industrial growth.Europe will register steady growth of over 3.5 percent.
Allied Market Research published an exclusive report, titled, “Coated Glass Market by Function (Safety & Security, Solar Control, Optics & Lightening, Fire Rated, and Others), Production Process (Pyrolytic/Hard Coat and Magnetron Sputter Vacuum Deposition/Soft Coat), Product (Low-E Glass and Heat Reflective), and Application (Architectural, Electronics, Automotive, Optical, Aerospace & Defense, and Sports & Leisure) - Global Opportunity Analysis and Industry Forecast, 2021-2028”.
The study begins with a detailed analysis of major determinants of the market such as drivers, challenges, restraints, and upcoming opportunities.
Leading market players analyzed in the report include AGC Solar, Nippon Sheet Glass, Xinyi Solar Holdings, Sisecam Flat Glass, Borosil Glass Works Ltd, Interfloat Corporation, Hecker Glastechnik GmbH, Corning Inc., Guardian Industries, Saint Gobain.
Get Detailed Analysis of COVID-19 Impact on Coated Glass Market by Function Market @https://www.alliedmarketresearch.com/request-for-customization/3562?reqfor=covid The Coated Glass Market by Function industry report includes growth factors of the market along with major challenges and restraining factors that might hinder the market growth.
This analysis aids new market entrants and existing manufacturers to prepare for future challenges and take advantage of opportunities to strengthen their market position.
In addition, it presents revenue forecasts for each year along with sales and sales growth of the Coated Glass Market by Function.
The global coated glass market size is expected to reach USD 31.1 billion by 2025, registering a CAGR of 12.1% over the forecast period, according to a new report by Radiant Insights, Inc. Increasing emphasis on energy-efficient products in architectural and automotive applications is anticipated to augment market growth over the forecast period.
Low-E glass helps in reducing energy costs and CO2 emissions as it reflects the outside heat in summers and retains heat inside the room in winters.
Download Free Sample Report @ https://www.radiantinsights.com/research/coated-glass-market/request-sample The soft coating segment held the largest share in 2018, accounting for a volume share of 56.7%.
In cold regions, heat retention is a priority, hence the coating is applied on outside face of the inner pane as the glass re-radiates heat back in the room.
Demand for coated glass is increasing in the automotive industry in order to address sustainability issues.
Key players are increasing their production capacities in developing economies as they find lucrative growth opportunities in the region.
The study includes an accurate estimate of the current industry scenario along with the market size, market volume, and revenue garnered by the industry.
The report delivers radical data about the competitive landscape of the Coated Glass industry and a thorough bifurcation of the regions where the Coated Glass market has established a significant footing.
Other organizations include Euroglas, Abrisa Technologies, and Pilkington Group, which provide food items to the neighborhood and universal markets.Request a discount on the report @ https://www.reportsanddata.com/discount-enquiry-form/3348Radical Highlights of the Coated Glass Market Report:The research report provides an accurate analysis of the product range, application spectrum, regional analysis, and competitive landscape of the Coated Glass industry.
The market is categorized on the basis of the types into Hard coated, Soft coated, Low-E Glass, Solar control, and others.
The report offers key details about the production volume and price analysis.The report further provides key insights into the market share held by each product and application in the Coated Glass market.
The report also sheds light on the supply chains and the changes in the trends of the upstream raw materials and downstream distributors.The report explains the market share and sales volume of each company, along with the key details of the operations of these companies.
