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Dublin, March 13, 2018 (GLOBE NEWSWIRE) -- The "Flat Glass Coatings Market by Resin Type (Polyurethane, Epoxy, Acrylic), Technology (Solvent & Water-Based, Nano Coatings), Application (Mirror, Solar Power, Architectural, Automotive & Transportation, Decorative) & Region - Global Forecast to 2022" report has been added to ResearchAndMarkets.com's offering.
The Flat Glass Coatings Market is Projected to Grow from USD 1,075.8 Million in 2017 to USD 2,789.6 Million By 2022, at a CAGR of 20.99% Between 2017 and 2022.
Based on technology, the water-based segment of the flat glass coatings is expected to have the highest market share, in terms of volume, during the forecast period. The quality and strength of coatings manufactured using water-based technology depend on the use of raw materials, such as resins, additives, and pigments. Water-based coatings are used as a topcoat in building and construction where cost is a prime factor.
Whereas in automobiles, solar power, and mirrors, water-based coatings are used as basecoat as performance is a prime factor in these applications. Water-based coatings can be applied on flat glass surfaces through brushing, spraying, dipping, flowing, and rolling methods.
Based on application, the mirror coatings segment accounted for the largest share of 76.10% of the overall flat glass coatings market in 2016, in terms of volume. Mirrors are used across all the major applications, such beauty & cosmetics, architectural, decorative, and automotive & transportation. Though the consumption of flat glass is more in the architectural application, the penetration of coatings in the mirror application is also very high.
Among regions, Asia Pacific is the fastest-growing market for flat glass coatings. This growth is mainly attributed to the region's booming economies, such as China, India, Taiwan, Indonesia, Vietnam, and Malaysia. China leads the Asia Pacific flat glass coatings market in terms of demand.
The growth of the flat glass coatings market in China can be attributed to the availability of cheap labor, easy availability of raw material, lower taxes, and less stringent environmental regulations, which work in favor of the flat glass coating manufacturers as these factors help in reducing the final price of flat glass coatings.
Key Topics Covered:
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.5 Unit Considered
2 Research Methodology
2.1 Research Data
2.2 Market Size Estimation
2.3 Data Triangulation
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities for Flat Glass Coating
4.2 Flat Glass Coatings Market, By Resin Type
4.3 Flat Glass Coatings Market, By Technology
4.4 Flat Glass Coatings Market, Developed Vs. Developing Countries
4.5 Apac Flat Glass Coatings Market, By Country And Application
5 Market Overview
5.2 Market Dynamics
220.127.116.11 Rising Demand for Architectural Glass & Mirror in Residential And Commercial Buildings
18.104.22.168 Increased Demand from Apac
22.214.171.124 High Demand from Automotive & Transportation Application
126.96.36.199 High Growth in Solar Power Application
188.8.131.52 Growing Need for Energy-Efficient Buildings
184.108.40.206 Need for More Drying Time in Water-Based Coating Technology
220.127.116.11 Demand for Green Buildings
18.104.22.168 Stringent Regulatory Policies And Environmental Challenges
5.3 Porter's Five Forces Analysis
5.3.1 Intensity of Competitive Rivalry
5.3.2 Bargaining Power of Buyers
5.3.3 Bargaining Power of Suppliers
5.3.4 Threat of Substitutes
5.3.5 Threat of New Entrants
5.4 Macroeconomic Overview And Key Drivers
5.4.2 Trends And Forecast of GDP
5.4.3 Trends And Forecast of Construction Industry
5.4.4 Trends in Automotive Industry
5.4.5 Trends in Solar Power Industry
6 Flat Glass Coatings Market, By Resin Type
6.2 Polyurethane Resin
6.5.1 Alkyd Resin
6.5.2 Silicone Resin
7 Flat Glass Coatings Market, By Technology
7.2 Solvent-Based Coatings
7.3 Water-Based Coatings
7.4 Nano Coatings Technology
8 Flat Glass Coatings Market, By Application
8.3 Solar Power
8.3.1 Photovoltaic Solar Power System
8.3.2 Concentrated Solar Power System
8.5 Automotive & Transportation
9 Flat Glass Coatings Market, By Region
10 Competitive Landscape
10.2 Market Ranking
10.3 Competitive Scenario
10.3.2 New Product Launch
11 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/kl6hjv/2_78_bn_flat?w=12
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