The global coated glass market size is anticipated to reach USD 57.3 Billion until 2027. It is anticipated to register growth with 8.8% CAGR during the forecasted period, 2020 to 2027. This growth can be associated with increasing awareness regarding the construction of green buildings for proper air and light ventilation.
The soft segment of coating registered fastest CAGR of 9.3% from 2020 to 2027 on account of its feature reducing the transmission of U.V. radiation by 70%. The hard type coating segment gains an advantage over soft coating due to less cost of production.
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The application segment of architecture dominated the global market with a share of 92.5% due to rising awareness about global warming, energy efficiency, and increasing green building construction. On the other hand, the automotive application segment held second-largest share owing to several initiatives being undertaken by governing bodies for the usage of such glasses in automobile manufacturing.
Asia Pacific is expected to witness highest CAGR of 7.0% from 2020 to 2027 owing to several features like rapid economic growth, increasing disposable income and development across the construction industry. North America also contributed to a significant share in the global market in 2019 on account of surging number of commercial buildings and complexes which are installing coated glass across facades and windows.
The coated glass market includes key players such as AGC Inc.; Vitro; CEVITAL GROUP; Nippon Sheet Glass Co., Ltd; and Saint-Gobain S.A. These players are engaged in product development and innovation to gain a competitive advantage over other players. Also, several marketing strategies like capacity expansion, mergers, and acquisitions are being carried out by these manufacturers to widen their product reach and product portfolio.
Further key findings from the report suggest:
- Segment of soft coating registered highest CAGR of 9.3% during the forecasted period.
- Architectural application segment dominated the global market with share of 92.5% in 2019.
- The Asia Pacific is expected to witness highest CAGR of 7.0% from 2020 to 2027 across the global market.
Global Coated Glass Market: Key Players
Vitro; CEVITAL GROUP; Nippon Sheet Glass Co., Ltd; AGC Inc.; Saint-Gobain S.A.
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The study includes an accurate estimate of the current industry scenario along with the market size, market volume, and revenue garnered by the industry.
The report delivers radical data about the competitive landscape of the Coated Glass industry and a thorough bifurcation of the regions where the Coated Glass market has established a significant footing.
Other organizations include Euroglas, Abrisa Technologies, and Pilkington Group, which provide food items to the neighborhood and universal markets.Request a discount on the report @ https://www.reportsanddata.com/discount-enquiry-form/3348Radical Highlights of the Coated Glass Market Report:The research report provides an accurate analysis of the product range, application spectrum, regional analysis, and competitive landscape of the Coated Glass industry.
The market is categorized on the basis of the types into Hard coated, Soft coated, Low-E Glass, Solar control, and others.
The report offers key details about the production volume and price analysis.The report further provides key insights into the market share held by each product and application in the Coated Glass market.
The report also sheds light on the supply chains and the changes in the trends of the upstream raw materials and downstream distributors.The report explains the market share and sales volume of each company, along with the key details of the operations of these companies.
In a recent business intelligence study, FactMR presents the nitty-gritty of the global coated glass market considering 2014-2018 as the historic year and 2019–2029 as the stipulated timeframe.
The business report highlights the drivers, restraints, opportunities and trends affecting coated glass market growth.
Further, all the market shares associated with the market as well as the segments are expressed in terms of value and volume.Rising temperatures and increasingly stringent carbon emission norms position the global coated glass market to grow at a robust pace of over 8% CAGR during the forecast period (2019-2029).
Modern architecture is witnessing rampant adoption of coated glass in residential, as well as, commercial spaces.
The report presents detailed insights about each market player, including SWOT analysis, main market information, market share, revenue, pricing and gross margin.
Prominent players covered in this research are Guardian Industries, Nippon Sheet Glass Co., Ltd, Saint-Gobain S.A., SCHOTT AG and many more.Key Takeaways of Coated Glass Market StudyEast Asia accounts for a majority of global sales with more than 1/4rd of the total market value.
The global coated glass market size is expected to reach USD 31.1 billion by 2025, registering a CAGR of 12.1% over the forecast period, according to a new report by Radiant Insights, Inc. Increasing emphasis on energy-efficient products in architectural and automotive applications is anticipated to augment market growth over the forecast period.
Low-E glass helps in reducing energy costs and CO2 emissions as it reflects the outside heat in summers and retains heat inside the room in winters.
Download Free Sample Report @ https://www.radiantinsights.com/research/coated-glass-market/request-sample The soft coating segment held the largest share in 2018, accounting for a volume share of 56.7%.
In cold regions, heat retention is a priority, hence the coating is applied on outside face of the inner pane as the glass re-radiates heat back in the room.
Demand for coated glass is increasing in the automotive industry in order to address sustainability issues.
Key players are increasing their production capacities in developing economies as they find lucrative growth opportunities in the region.
The global coated glass market size is expected to reach USD 48.17 Billion by 2027, registering a revenue-based CAGR of 8.3% over the forecast period, according to a new report by Report and Data.
One of the key drivers of the industry is the growth of the building and construction industries and the growing focus on green buildings worldwide.
For both practical and ornamental purposes, the coated glass is used.Technological advancement in the transport sector has positively influenced manufacturers in terms of safety and high fuel efficiency to invest in R and to expand & improve the product range, stimulating the growth of the coated glass industry.
These products help to reflect excessive IR and UV radiation and provide safety, and resistance to thermal shock, thus propelling demand for coated glass on the market.
China held the highest share in the region, while emerging economies, such as India and the nations of Southeast Asia, are assessed to witness substantial growth in the coming years.
Rapid industrialization in the area is due to the development of the building and construction sector and such a factor will play a major role in driving coated glass industrial growth.Europe will register steady growth of over 3.5 percent.
