Flat glass, also known as sheet glass or plate glass, is a class of glass that is produced in plane form and most commonly used in windows, doors, mirrors, automotive glass, and solar panels, among others. The flat glass coatings market is highly lucrative and is projected to exhibit tremendous growth during the forecast period of 2018 to 2023. According to MRFR analysis, the global flat glass coatings market was valued at USD 1 billion in 2017 and is projected to grow at a CAGR of over 12% during the assessment period.

The rising demand for flat glass in commercial, as well as residential buildings along with its rising application in the solar industry, are expected to be the major factors driving the growth of the global market. Coatings are applied to flat glass to impart properties such as self-cleaning, corrosion resistance, dirt and water resistance, and energy efficiency and to enhance the shelf life of the product.

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The polyurethane resin segment is anticipated to register the highest CAGR during the forecast period. Polyurethane resins offer benefits such as durability, high gloss, high strength, and easy to clean which makes them suitable for high-performance applications.

Key Players and Competition Analysis

Some of the manufacturers operating in the global flat glass coatings market are Fenzi SpA (Italy), Arkema (France), Ferro Corporation (US), Vitro (Mexico), the Sherwin-Williams Company (US), Nippon Paint Company Limited (Japan), Nano-Care Deutschland AG (Germany), Hesse GmbH & Co. KG (Germany).

Segmentation Analysis

The global flat glass coatings market has been segmented on the basis of resin type, technology, application, and region. On the basis of resin type, the market has been categorized as polyurethane resin, acrylic resin, epoxy resin, and others. On the basis of technology, the market has been segmented into solvent-based, water-based, and Nano. Based on application, the global flat glass coatings market has been segmented into solar power, mirror, architectural, automotive and transportation, and others.

Regional Analysis

The global flat glass coatings market has been segmented into five regions, namely, Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa. The market in Asia-Pacific is estimated to be the largest and fastest-growing during the forecast period. Rising government spending on the development of infrastructure in the region and increasing automobile production are the major factors contributing to the growth of the market. The market in the Middle East & Africa is also likely to exhibit steady growth owing to increasing construction in the region. Browse the market data and information spread across 140 pages with 47 data tables and 12 figures of the report “Flat glass coatings market by Application Industry Outlook Sources Forecast to 2023” in-depth alongside table of content (TOC) at: https://www.marketresearchfuture.com/reports/flat-glass-coatings-market-6338

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