Pune, India -- (SBWIRE) -- 07/21/2018 -- Global Glass Coating Market – Synopsis

Glass Coating, in addition to providing aesthetic appearance to the glass products, also offers them with a durable protection, and repellence for the water, dirt or snow. Moreover, application of Glass Coatings makes the products sustainable & offers them corrosion resistance and cleansing properties. Due to these advantages, Glass Coating is used in various applications such as building and construction, automotive, marine, aviation, and others.

Glass Coating is the most convenient & practically, the most cost-efficient alternative to add special properties that offer protection from mechanical and chemical stress, increased scratch resistance and shatter protection. Hence, Glass Coating is extensively applied to all kind of glasses used in the automotive industry. Attributing to the growing demand from burgeoning automotive industry, the Global Glass Coatings Market has ascended on the global platform.

Considering the rapid market expansion, & the growth potential the market holds, Market Research Future recently published an in-depth study report, giving out the complete market insights for the period 2017 – 2023.
In its analysis MRFR asserts that the Global Glass Coating Market is forecasted to grow exponentially by 2023, registering a staggering CAGR during the review period.

Additionally, factors contributing to the market growth include rising population, industrialization, urbanization & improving economy worldwide. Burgeoning end-use industries like automobile & transport, building & construction is providing impetus to the market growth of Glass Coating Market. Moreover, the augmenting demand from industries like petrochemicals, steel, aerospace & marine fosters the Global Glass Coating Market growth.

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Global Glass Coating Market – Competitive Landscape

The Glass Coating market is fiercely competitive with the presence of several large and small players operating in the market. Growth in terms of product innovations and technologies in the market are also expected to create strong investment opportunities for the global players. Market players are focusing on improving their market performance and are expanding by acquiring promising companies in the fast-growing markets.

Industry/ Innovation/ Related News:

March 20, 2018 – Research Published - India - A Research Team collaborating with the Science and Engineering Research Board, Department of Science and Technology, Government of India, has developed Super-hydrophobic LLDPE/SiO2 nanoparticles coatings. The fabrication of durable porous and non-porous super- hydrophobic LLDPE/SiO2 nanoparticles coatings offers glass substrates with the excellent self-cleaning property.

March 23, 2018 – Researchers at the LBNL (Lawrence Berkeley National Laboratory, US) published their study for the smart photovoltaic windows (Glass Coating) they have developed. The Glass Coating applied (temperature-activated material) on a normal transparent glass window can not only block the sunlight but can also generate the electricity, substantial enough to power up an entire building and charge electric cars.

Global Glass Coating Market – Segments

For the convenience of the report and enhanced understanding; MRFR has segmented the Market into 4 key dynamics;

By Types: Comprises Sol-Gel Coatings, Magnetron Sputtering Coating, and Pyrolytic Coating among others.

By Applications: Paints & Coatings, Construction, Marine, Automotive & Transport, Aviation & Aerospace among others.

By Technologies: Liquid Glass Coating and Nano Glass Coating among others

By Regions: North America, Europe, APAC and Rest of the World.

The Segment - Pyrolytic Coating by Types is estimated to be the largest segment during the forecast period, attributing to the growing demand from the automotive industry.

Whereas segment Magnetron Sputtering Coating will account for the second largest segment by Type.

While Segment Sol-gel Coating by types is expected to expand at a higher growth rate due to advancing nanotechnology.

Segment Nano Glass Coating by Technology is projected to dominate the global market owing to its long lasting durability & excellent UV resistance.

On the other hand, Segment Construction Industry by Applications will be registering a higher CAGR during 2017-2023.

Glass Coating Market – Geographical Analysis

Globally, the Asia Pacific region accounts for the largest market share of the Glass Coating Market. Owing to the augmented demand from the end-user industries like paints & coatings, automotive, and construction, Glass Coating Market in some of the APAC countries like India, Japan, China and South Korea is growing pervasively. Attributing to the technological advancements and success achieved in the production of smartphones, tablets, & computers, Asia Pacific region is likely to continue its dominance in the Global Glass Coating Market during the forecast period 2017-2023.

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