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Coated Glass Market Is Set To Project A Growth Trajectory Of More Than 8% CAGR by 2029

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the market is projected to undergo robust growth at more than 8% CAGR over the course of forecast period (2019-2029). Governments across the globe are imposing stringent construction regulations which warrant the growth of coated glass market, particularly owing to demand growth in energy-efficient buildings, finds Fact.MR.

“Demand for coated glass is impelled by greater emphasis of governments on curbing carbon emissions from industrial plants and from corporate sector. Highly-favored attributes of coated glass such as solar control promotes reduced electricity consumption owing to less utilization of cooling systems,” says Fact.MR analyst.

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Market Overview:

The global coated glass market has been on a steady growth trajectory, with applications spanning from architectural and automotive sectors to consumer electronics and solar energy. Coated glass is manufactured by depositing multiple layers of specialized materials, such as metal oxides and thin films, onto glass surfaces. These coatings provide various functionalities, making coated glass a popular choice for modern building construction and automotive design.

In the architectural sector, coated glass is primarily used for energy-efficient windows. These windows reduce heat gain, control light transmission, and offer enhanced insulation, ultimately leading to reduced energy consumption for heating and cooling. The demand for sustainable and green buildings has driven the adoption of energy-efficient coated glass, resulting in energy cost savings and reduced carbon footprints.

Noteworthy coated glass companies are, but not limited to, 

  • AGC Inc.
  • Central Glass Co. Ltd.
  • CEVITAL GROUP
  • China Glass Holding Ltd.
  • Euroglas
  • Fuyao Glass Industry Group Co.Ltd.
  • Guardian Industries
  • Nippon Sheet Glass Co.Ltd
  • Saint-Gobain S.A.
  • SCHOTT AG
  • Sisecam Group
  • Taiwan Glass Ind. Corp.
  • Vitro S.A.B. DE C.V.
  • Xinyi Glass Holdings Co. Ltd.
  • Cardinal Glass Industries.

Current Industry News and Trends:

  • Energy Efficiency and Sustainability: The increasing emphasis on energy efficiency and sustainability is a significant driver of the coated glass market. As governments and industries strive to reduce energy consumption and greenhouse gas emissions, the demand for energy-efficient coated glass in buildings and vehicles has surged. This trend is likely to continue as environmental concerns remain a priority.
  • Smart Glass: Smart glass, with properties like electrochromism and thermochromism, is gaining popularity. These glasses can change their opacity or color in response to external factors, providing both energy efficiency and enhanced privacy. Smart glass technologies are increasingly used in architectural applications, adding a futuristic and functional aspect to modern buildings.
  • Photovoltaic Coatings: Coated glass is also used in the photovoltaic industry to enhance solar panel efficiency. Anti-reflective and self-cleaning coatings on solar panels improve light absorption and reduce dust buildup, leading to increased energy generation. As the demand for renewable energy sources grows, so does the use of coated glass in the solar energy sector.
  • Advanced Coating Technologies: Advancements in coating technologies have led to the development of self-cleaning coatings that use photocatalytic reactions to break down organic matter and hydrophilic coatings that facilitate the easy removal of dirt and water. These technologies are particularly appealing for high-rise buildings and hard-to-reach surfaces, reducing maintenance costs.
  • Safety and Security Coatings: The importance of safety and security has driven the adoption of laminated glass with coated interlayers. These coatings improve impact resistance, making them suitable for applications like hurricane-resistant windows and blast-resistant glass in critical infrastructure.
  • Consumer Electronics: With the growing market for smartphones, tablets, and other electronic devices, the demand for coated glass with advanced functionalities, such as anti-scratch and anti-fingerprint coatings, continues to rise. Manufacturers are consistently innovating to meet consumer expectations for durability and performance.

Global Coated Glass Market: In-Depth Assessment on Key Segments

The global coated glass market is segmented on the basis of coating, application and region.

  • By Coating :
    • Hard
    • Soft
  • By Application :
    • Architectural
    • Automotive
    • Optical
    • Others
  • By Region :
    • North America
    • Latin America
    • Europe
    • East Asia
    • South Asia & Oceania
    • Middle East & Africa

This taxonomy and the detailed TOC prepared are confidential and intended exclusively for the individual or entity with whom it is being shared. Reading, disseminating, distributing, or copying this to any party other than addressee(s) is unauthorized and prohibited.

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