Glass Coating Market Global Leading Players, Size, Share, Industry Updates, Future Growth, Business Prospects, Forthcoming Developments and Forecast to 2023

Global Glass Coating Market Information- by Type, Technology (Nano Glass Coating and Liquid Glass Coating), and Application (Construction, Paints & Coatings, Automotive and Transport, Marine, Aviation, Aerospace) - Forecast till 2023

Pune, India - July 22, 2019 /MarketersMedia/ —

Market Insight:

The Global Glass Coating Market is anticipated to grow at a moderate CAGR during the forecast period (2017-2023), reports Market Research Future (MRFR). Glass Coating is used to give high performance and surface finish to materials, thus making it essential in a wide array of applications. It provides excellent UV resistance, high optical activity, and cleansing properties. On account of these properties, the Global Glass Coating Market during the forecast period is projected to grow phenomenally. Moreover, accelerated demand from end-use industries such as construction, paints & coatings, automotive & transport, and others is likely to be of added advantage to the global market growth. Also, the fact that glass coating is utilized to save energy and reduce carbon emissions makes it highly appealing across various industries.

Furthermore, increasing sales of vehicles are expected to propel the rise in demand for Glass Coating, thereby shaping the market size favorably. Another observation made by MRFR is that there has been a steady rise in the construction industry in developed countries as well as developing countries, a major driver that has led to substantial market growth in the recent past.

On the flip side, high cost of coated glass serves as an obstacle in the Global Glass Coatings Market growth. However, sidelining the restraints, it is noted as per analysis that the future prospects for the global market seem bright. This growth can be partially attributed to new solar panel glass windows that require specific coating. Hence, new emerging applications of Glass Coating in a plethora of industries mark the positive rise the market is witnessing. For instance, in May 2018, ZNShine Solar launched the G12 evolution era series which are used to increase light transmission performance of the glass when used as coating.

Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/4641

Key Players:

The Key Players competing in the global market are SCHOTT AG (Germany), Kyocera Corp (Japan), PPG Industries (U.S.A.), Morgan Advanced Materials (U.K.), The NSG Group (Japan), Murata Manufacturing Co., Corning Inc.(U.S.A.), and Emirates Float Glass (U.A.E), Saint-Gobain( France) and others.

Industry Development:

Huawei's sub-brand Honor has partnered with Flipkart and launched "Honor 9N" in India. The upcoming smartphone will possess a full-view notch display and a 2.5 diameter curved glass design with 12 layers of premium glass with nano coating. This partnership will help Huawei which is a China-based company to strengthen its position in the Indian smartphone market, with the move also affecting the Global Glass Coating Market positively in the long run.

Market Segmentation:

As per MRFR analysis, the market has been segmented on the basis of Type, Technology and Application.

The Type Segment is sub-segmented into pyrolytic coating, magnetron sputtering coating, and sol-gel coatings. Among all types, pyrolytic coating claims the maximum market share of the Global Glass Coatings Market. Pyrolytic Coatings are applied using chemical vapor deposition method, which offers excellent optical activity performance. On the other hand, magnetron sputtering coating comes second holding the second-largest market share. It is applied via physical vapor deposition method, and it helps reduce thermal damage and also improves secondary electron emission. Whereas, the sol-gel coatings are prepared by wet-chemical technique that helps protect the glass from abrasion, corrosion resistance and also provide long-lasting duration. The report predicts that the sol-gel coating segment is set to surge at the highest CAGR during the forecast period.

The Technology Segment is sub-segmented into Nano glass coating and liquid Glass Coating. Nano Glass Coating provides various benefits such as durability, protecting paint from naturally acidic contaminants and ultra violet damage and also act as a barrier between the vehicle and scratches. These advantages make them ideal for Glass Coating, triggering their demand. Nano Glass coating is projected to dominate the global market during the forecast period.

The Application Segment is sub-segmented into construction, paints & coatings, automotive and transport, marine, aviation, aerospace, and others. Among these, the construction industry is expected to grow at the highest CAGR during the forecast period. Glass Coating is in high demand in construction due to various benefits, such as energy efficiency, visible transmittance, greenhouse effect and high strength.

Have Any Query? Ask Our Expert @ https://www.marketresearchfuture.com/enquiry/4641

Regional Analysis:

The Global Glass Coating Market is regionally segmented on the basis of Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa.

Globally, Asia Pacific holds a significant share of the Global Glass Coating Market trailed by Europe and North America owing to its growing applications in end-user industries such as construction, paints & coating, marine, and others.

Technological advancement in the field has boosted the market growth in North America as well as countries in Europe such as Germany, Italy, the U.K, and France. Continuous research and development activities adopted by the regional market players leads to new and more enhanced products, resulting in a sharp rise in the demand for Glass Coating in the region.

The global market has also witnessed tremendous development in the Middle East & Africa region due to prominent trends such as energy storage and optical effect. Environmental concerns drive the market growth immensely, as Glass Coating helps save energy and protects from harmful UV rays as well. Hence, keeping in mind the eco-friendly benefits glass coating provides, the market enjoys massive growth in the region.

Lastly, the Latin America region is estimated to show steady growth on account of increasing usage of glass coating in heavy-end industries throughout the forecast period.

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact Info:
Name: Abhishek Sawant
Email: Send Email
Organization: Market Research Future
Address: Market Research Future, Office No. 524/528, Amanora Chambers, Magarpatta Road, Hadapsar, Pune - 411028, Maharashtra, India, +1 646 845 9312
Phone: +1 646 845 9312
Website: https://www.marketresearchfuture.com/reports/glass-coating-market-4641

Source URL: https://marketersmedia.com/glass-coating-market-global-leading-players-size-share-industry-updates-future-growth-business-prospects-forthcoming-developments-and-forecast-to-2023/88899339

Source: MarketersMedia

Release ID: 88899339

Latest News

Threat to US elections not limited to Russia in 2020

Dec 15, 2019

WASHINGTON — Russia interfered in the 2016 election and may try to sway next year's vote as well. But it's not the only nation with an eye on U.S. politics. American officials sounding the alarm about foreign efforts to disrupt the 2020 election include multiple countries in that warning. Concerns abound not only about possible hacking of campaigns, but also about the spread of disinformation on social media and potential efforts to breach voting databases and even alter votes. The anxiety goes beyond the possibility that U.S. adversaries could directly affect election results: The mere hint of foreign meddling could...

China says US has 'weaponized' visas to target exchanges

Dec 15, 2019

BEIJING — China on Wednesday accused the U.S. of having "weaponized" the issuance of visas following the reported inability of a top Chinese space program official to obtain permission to travel to a key conference in Washington. Foreign Ministry spokeswoman Hua Chunying told reporters that the head of the Chinese delegation to the International Astronautical Congress wasn't able to obtain a visa following an Oct. 12 interview, making it difficult for Chinese representatives to attend important events at the meeting. Reports said the vice chairman of the China National Space Administration, Wu Yanhua, had planned to attend the congress. Hua...

Huawei exec: Chinese tech giant wants to be 'transparent'

Dec 15, 2019

WASHINGTON — A top executive of Chinese tech giant Huawei said Friday that the company is prepared to be "open and transparent" as it looks to persuade the U.S. government that it can be trusted and that national security concerns about its technology are unfounded. "The first thing we need to do is we need to demystify this company," Paul Scanlan, chief technology officer of Huawei's carrier business group, said in an interview with The Associated Press. "We are a Chinese company, we are based in China, the majority of the people are ethnically Chinese, so there's nothing to say...

Illegal BASE jumper calls police after cell tower mishap

Dec 15, 2019

MENOMONIE, Wis. — A BASE jumper who jumped illegally from a northwestern Wisconsin cellphone tower ended up calling the police on himself after his parachute became caught on a guy wire, leaving him dangling perilously 50 feet (15 meters) from the ground. Police say the 20-year-old man jumped from the 300-foot (90-meter) Charter Communications tower in Menomonie on Thursday morning. After his rescue at around 9:30 a.m., the man was treated at Mayo Clinic Health System and arrested for criminal trespass. BASE jumping stands for building, antenna, span and earth — the four common objects from which BASE jumpers launch...

China criticizes Apple for app that tracks Hong Kong police

Dec 15, 2019

HONG KONG — Apple became the latest company targeted for Chinese pressure over protests in Hong Kong after the ruling Communist Party's main newspaper criticized the tech giant Wednesday for a smartphone app that allows activists to report police movements. HKmap.live, designed by an outside supplier and available on Apple Inc.'s online store, "facilitates illegal behavior," the People's Daily said in a commentary. "Is Apple guiding Hong Kong thugs?" the newspaper said. Beijing has pressed companies including Hong Kong's Cathay Pacific Airways to take the government's side against the protests, which are in their fourth month. Apple didn't immediately respond...

About Us

Science Tech Today is all about the present with what’s new in the Science and Technology world. “Keep up with today, and don’t be left behind.”

Subscribe Now!