Global Coated Glass Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2023 –2030 |
Market Size (Base Year) |
USD 35.36 Billion |
Market Size (Forecast Year) |
USD 72.55 Billion |
CAGR |
|
Major Markets Players |
Global Coated Glass Market, By Product (Heat Reflective, Low-E Glass), Function (Safety and Security, Fire Rated, Solar Control, Optics and Lightening, Others), Production Process (Magnetron Sputter Vacuum Deposition/Soft Coat, Pyrolytic/Hard Coat), Application (Automotive, Architectural, Electronics, Optical, Aerospace and Defense, Sports and Leisure) – Industry Trends and Forecast to 2030.
Coated Glass Market Analysis and Sizes
Overwhelmed population of the world, global warming, growing construction site, urbanization, and rapid industrialization, will lead towards the growth of global coated glass market. Coated glass plays a crucial role in energy-efficient building design. It can be coated with low-emissivity (Low-E) coatings that minimize heat transfer, reducing energy consumption for heating and cooling purposes.
Data Bridge Market Research analyses that the coated glass market which was USD 35.36 billion in 2022, would rocket up to USD 72.55 billion by 2030, and is expected to undergo a CAGR of 9.4% during the forecast period. This indicates that the market valueIn addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Coated Glass Market Scope and Segmentation
Report Metric |
Details |
Forecast Period |
2023 to 2030 |
Base Year |
2022 |
Historic Years |
2021 (Customizable to 2015-2020) |
Quantitative Units |
Revenue in USD Billion, Volumes in Units, Pricing in USD |
Segments Covered |
Product (Heat Reflective, Low-E Glass), Function (Safety and Security, Fire Rated, Solar Control, Optics and Lightening, Others), Production Process (Magnetron Sputter Vacuum Deposition/Soft Coat, Pyrolytic/Hard Coat), Application (Automotive, Architectural, Electronics, Optical, Aerospace and Defense, Sports and Leisure) |
Countries Covered |
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America. |
Market Players Covered |
AGC Inc (Japan), Saint-Gobain S.A. (France), Nippon Sheet Glass Co., Ltd., (Japan), Guardian Industries (U.S.), PPG Industries, Inc. (U.S.), Corning Incorporated (U.S.), Vitro (Mexico), Fuyao Glass Industry Group Co., Ltd., (China), Xinyi Glass Holdings Limited (Hong Kong), TAIWAN GLASS IND. CORP. (Taiwan) |
Market Opportunities |
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Market Definition
Coated glass offers excellent optical properties, including high transparency and low reflection. It can be designed to control light transmission, reflection, and absorption, making it ideal for applications where precise light management is required. Coated glass are used to decrease pollution and save energy, more over it is applied to protect the looks and beauty. The glass surface coated with more than one layer of metal or other substances. It is widely used in the automotive industry and construction site.
Global Coated Glass Market Dynamics
Drivers
- Rapidly Growing Construction Industry
The construction industry's expansion, particularly in emerging economies, is a significant driver for the coated glass market. Coated glass is widely used in architectural applications, such as facades, windows, and skylights, due to its energy-efficient and aesthetic properties. Thus, the high demand of coated glass in construction industry is expected to drive the growth of the market.
- Increasing Demand for Energy Efficiency
With the emphasis on sustainability and energy efficiency, there is an increasing demand for coated glass that helps reduce energy consumption in buildings. Coated glass with low-emissivity (Low-E) coatings is increasingly adopted to improve insulation, reduce heat transfer, and enhance overall energy efficiency.
Opportunities
Emerging of solar glass panel farms
Solar industries are also looking forward towards the coated glass marked, the rising reputation of floating solar farms is anticipated to enhance demand for solar panels further, this also anticipated incensement of coated glass demand. Requirement of coated glass has increased because solar industry has high demand of heat absorbing coated glasses and non-corrosive coated glasses, is likely to create ample opportunities for coated glass market during the forecast period of 2023 to 2030.
- Urbanization and Infrastructure Development
Rapid urbanization and infrastructure development in emerging economies are driving the demand for coated glass in construction projects, transportation systems, and smart cities. Thus this is expected to create ample opportunities for the market to create ample opportunities for the marker to grow.
Restraints/Challenges
- High Cost of the Product
Increasing cost and the fitting charges of the glass coated market restrain for global glass coated market, high demand in the market for industries and green commercial building construction may higher the rate of coated glass, another reason for increasing price is because of its production where labour has high chance to be infected with cancer because of that they have to pay high labour charge which directly increase the product cost.
This global coated glass market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the global coated glass market contact Data Bridge Market Research for an analyst brief, our team will help you take an informed market decision to achieve market growth.
Global Coated Glass Market Scope
The coated glass market is segmented on the basis of product, function, production process and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product
- Heat Reflective
- Low-E Glass
Function
- Safety and Security
- Fire Rated
- Solar Control
- Optics and Lightening
- Others
Production Process
- Magnetron Sputter Vacuum Deposition/Soft Coat
- Pyrolytic/Hard Coat
Application
- Automotive
- Architectural
- Electronics
- Optical
- Aerospace and Defense
- Sports and Leisure
Global Coated Glass Market Regional Analysis/Insights
The coated glass market is analysed and market size insights and trends are provided by country, product, function, production process and application as referenced above.
The countries covered in coated glass market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
The Asia Pacific region dominates the coated glass market due to strong demand in sectors such as automobile, construction, aerospace, research, and defense. It is also home to the highest number of glass product manufacturing units in the world.
North American is expected to witness significant growth during the forecast period. This is due to a significant increase in the use of facades for the building of the hotels and skyscrapers. Many developed countries are using these in commercial buildings.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Some of the major players operating in the coated glass market are:
- AGC Inc (Japan)
- Saint-Gobain S.A. (France)
- Nippon Sheet Glass Co., Ltd., (Japan)
- Guardian Industries (U.S.)
- PPG Industries, Inc. (U.S.)
- Corning Incorporated (U.S.)
- Vitro (Mexico)
- Fuyao Glass Industry Group Co., Ltd., (China)
- Xinyi Glass Holdings Limited (Hong Kong)
- TAIWAN GLASS IND. CORP. (Taiwan)
SKU-
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
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