Sellbyville, DE -- (SBWIRE) -- 01/09/2019 -- The qualitative research study conducted by Global Market Insights, Inc. titled "Coated Glass Market" provides primary Data, surveys, Scope of the Product and vendor briefings. The market dynamic forces have been determined after conducting a detailed study of the Global Coated Glass Market.

Coated Glass Market size is set to surpass USD 24.5 billion by 2024. Increasing demand for clean source of energy along with addition of better aesthetical value to the buildings will drive coated glass market. Favorable government schemes along with growth in FDI funding in India and China has propelled the growth of construction and automotive industries in the region, thereby propelling product demand. Environmental concerns regarding CO2 emissions and consumer awareness towards energy efficient buildings will stimulate industry growth.

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Rising population and better living standards of people along with stringent regulations pertaining to environmental issues initiated by EPA and REACH for construction projects, will drive coated glass market size. Safety regulations implemented by FEMA and LEED coupled with increasing middle class disposable income to buy luxurious vehicles, will further stimulate industry growth.

Europe, with steady growth in Germany, UK and France coated glass market size will exceed 380 million square meters during the forecast period. Builders are more concerned towards safety & security, environmental protection and natural insulation in residential as well as commercial buildings. Superior solar performance, absorption, transmission and reflection properties of the product along with increasing approach towards achieving greater energy efficacy of the buildings will drive industry growth.

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Hard coat glass market demand from automotive windshield application will witness steady gains at over 4.5% by the end of forecast period. Increased usage of product in windscreens to offer convenient driving during harsh weather conditions such as fog, ice, mud and rain will boost product demand. Growing automotive manufacturing base in Asia Pacific region along with acoustic, thermal & visual comfort and style & taste of the products in automobiles will positively influence coated glass market size.

U.S. solar control glass market size from residential buildings will exceed USD 50 million at the end of 2024. Increasing expenditure on household remodeling and renovation activities in the U.S along with promotion of renewable energy resources will fuel industry growth. Rising application of the product in automobile interiors combined with increasing automotive production output is anticipated to drive market growth to a certain extent.

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Low-E coated glass market demand from commercial buildings may exceed USD 4 billion by 2024. The product offers low surface emissivity and helps in reduction of UV-value, thus it enhances energy efficiency of the buildings and minimizes CO2 emissions. Increased R&D spending and technological advancement in the product portfolio will surge industry growth.

Prominent industry players in coated glass market are Guardian Industries, Sisecam Group, Saint-Gobain, Abrisa Technologies, Scheuten Glas, Pilkington Group and PPG Industries. Shift in consumer trends towards energy efficient products along with growing demand for cleaner energy sources, will force manufacturers to develop and enhance product portfolio and take strategic initiatives to meet consumer demand.

About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.