Global Glass Flake Coatings Market: Trend Evaluation & Future Forecast During the Period 2018-2026

The global glass flake coatings market has been bifurcated into metal and concrete. The metal segment accounts for major share of the market. Metal substrates are increasingly used in various end-use industries such as petrochemicals, wastewater treatment, and marine.

 

Albany, NY -- (SBWIRE) -- 10/19/2018 -- A new report titled "Global Glass Flake Coatings Market: Trend Evaluation & Future Forecast during the Period 2018-2026 " has been included in the enormous research repository of Market Research Reports Search Engine (MRRSE) that compiles various facets of the Glass Flake Coatings market at a global level portraying a holistic analysis of the marketplace along with intelligence on key participants. The report covers an unbiased analysis on various market aspects, emphasizing major trends giving direction to the market, key opportunities paving new growth avenues, key drivers pushing the market's growth and challenges and restraints hindering the market for Glass Flake Coatings across the globe.

Glass flake coatings possess superior properties such as anticorrosion and anti-abrasion. They also offer barrier to high temperature and harsh chemicals. Glass flake coatings are widely used in various applications due to their characteristics of fire retardancy, mechanical reinforcement, dimensional stability, and UV light resistance. These coatings provide protection from physical and chemical corrosion. Therefore, they are extensively employed in marine, infrastructure, and construction industries.

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Based on resin type, the global glass flake coatings market has been segmented into epoxy, polyester, and vinyl polyester. Epoxy is a widely used resin type of glass flake coatings. The epoxy segment is likely to dominate the global glass flake coatings market during the forecast period, owing to its attributes of excellent barrier to mechanical and thermal constraints. Epoxy resins are environment-friendly and provide superior resistance from chemical and heat abrasion. Additionally, epoxy-based glass flake coatings are biocompatible. Thus, they are safe for usage in the food & beverages industry.

In terms of substrate, the global glass flake coatings market has been bifurcated into metal and concrete. The metal segment accounted for key share of the market in 2017. It is estimated to be a rapidly growing segment during the forecast period owing to the broad range of applications in various end-use industries. Demand for glass flake coatings in metal based substrates is high in chemical and wastewater treatment plants, and the marine industry.

Based on region, the global glass flake coatings market has been segregated into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Asia Pacific is estimated to lead the global glass flake coatings market in the next few years. The market in the region is projected to expand rapidly during the forecast period. Growth in various end-use industries such as marine, wastewater treatment, and power generation is primarily driving the demand for glass flake coatings in Asia Pacific. Expansion in the shipbuilding industry is also fueling the demand for glass flake coatings in the region.

The report analyzes and forecasts the glass flake coatings market at the global and regional levels. The market has been projected in terms of revenue (US$ Mn) from 2018 to 2026. The study includes drivers and restraints of the global glass flake coatings market. It also covers the expected impact of these drivers and restraints on demand for glass flake coatings during the forecast period. The report also highlights growth opportunities for the glass flake coatings market at the global and regional levels.

The report comprises a detailed value chain analysis, which provides a comprehensive view of the global glass flake coatings market. Porter's Five Forces model for the glass flake coatings market has also been included to help understand the competition landscape. The study encompasses market attractiveness analysis, wherein resin type, substrate, and end-user industry segments have been benchmarked based on their market size, growth rate, and general attractiveness.

The study provides a decisive view of the global glass flake coatings market by segmenting it in terms of resin type, substrate, end-user industry, and region. These segments have been analyzed based on present and future trends. Regional segmentation includes current and future demand for glass flake coatings in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report also covers individual resin type, substrate, and end-user industry segments of the market in all the regions.

The study includes profiles of major companies operating in the global glass flake coatings market. Key players profiled in the report are Akzo Nobel N.V., PPG Industries, Sherwin-Williams Jotun, Hempel A/S and Chugoku Marine Paints. Market players have been profiled in terms of company overview, business strategies, and recent developments.

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The report provides the estimated size of the global glass flake coatings market for 2018 and forecast for the next eight years. The size of the global glass flake coatings market has been provided in terms of revenue. Market numbers have been estimated based on resin type, substrate, end-user industry, and region. The market size and forecast for each resin type, substrate, and end-user industry segment have been provided at the global and regional levels.

Global Glass Flake Coatings Market, by Resin Type

Epoxy

Polyester

Vinyl Ester

Global Glass Flake Coatings Market, by Substrate

Metal

Concrete

Global Glass Flake Coatings Market, by End-user Industry

Oil & Gas

Marine

Industrial

Power Generation

Wastewater Treatment

Others (Paper & Pulp, Infrastructure, and Transportation)

Global Glass Flake Coatings Market, by Region

North America

U.S.

Canada

Latin America

Brazil

Mexico

Rest of Latin America

Europe

Germany

France

U.K.

Italy

Spain

Russia & CIS

Rest of Europe

Asia Pacific

China

Japan

India

ASEAN

Rest of Asia Pacific

Middle East & Africa

GCC

South Africa

Rest of Middle East & Africa

Key Takeaways

The report provides extensive analysis of market trends from 2017 to 2026 to identify opportunities and market developments

It provides analysis of resin types, substrates, and end-user industries wherein glass flake coatings are used

It identifies key factors responsible to build a roadmap for upcoming opportunities for the glass flake coatings market at the global, regional, and country levels

The report offers comprehensive analysis with respect to investments and regulatory scenario that would subsequently impact the outlook and forecast for the global glass flake coatings market between 2018 and 2026

The report provides detailed competition landscape of key players operating in the market to understand the competition level

It includes Porters' Five Forces analysis that highlights the power of buyers and suppliers in the market

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