Global Coated Glass Market by Coating Type (Hard and Soft), By Distribution Channel (Retail, Wholesale, and E-commerce), By Application (Architecture, Automotive, Optical, and Other Applications), By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2023-2032

Report Overview

The global coated glass market was worth USD 31,210 Million in 2021. It is projected to grow at a 9.8% CAGR between 2023 and 2032.

Market growth is predicted to boost by the increasing use of green buildings, the need for energy efficiency improvements, and increased awareness. Coated glass is used for commercial and residential buildings to keep the interior rooms cool and let in maximum light. Coated glass reduces the need for air conditioning by reflecting infrared energy. The product can also be used in colder areas to maintain room temperature. The market will benefit from the U.S. construction industry’s growth.

Global Coated Glass Market Scope:

Coating Glass Analysis

The soft coatings segment had the highest revenue share at over 67.4% in 2021, and it is projected to grow faster during the forecast period. Soft coatings have a high emissivity, allowing them to reflect more heat than hard-coated products. This is a significant factor in their growth. Soft-coated products have higher visible light transmission and optical clarity than hard-coated ones.

In colder areas, to retain heat inside the rooms, a sputtered coating can be applied to the outside of the room to reflect the heat. This type of glass can be used in any climate and is commonly found in double-glazed units. The air gap between the units allows for better heat insulation than single-pane windows.

Hard coated glass does not require special handling or equipment. This product can be shipped using the same equipment for non-value-added float glass. This segment has seen significant growth due to its durability. This glass is heat-strengthened, laminated, and tempered, used for glazing purposes without worrying about losing its coating.

Application Analysis:

In 2021, the architectural segment had the largest volume share at over 90.0% and will continue to dominate the forecast period. The coated glass allows for deficient energy consumption and lowers the cost of air conditioning in architecture. It does this by reflecting heat from outside buildings in warmer climates. It is a novel product that improves energy efficiency by reducing the costs of AC and decreasing CO2 emissions.

Numerous governments across the globe are establishing new building codes to reduce the energy consumption of buildings. Low-E glass is an important technology because it reduces the emission of UV and IR. This allows for cooling of the building’s temperature and other architectures. This is a huge opportunity for market players.

From 2022 to 2032, the volume of the automotive segment is expected to grow at 4.2%. Automobile windshields are made of coated products, including Low-e glass. These products are used in automobile windshields to reduce AC usage, increase fuel efficiency, and lower carbon emissions. The government should also support the growth of coated glasses in the automotive industry.

Кеу Маrkеt Ѕеgmеntѕ

By Coating Type

• Hard
• Soft

By Application

• Architecture
• Automotive
• Optical
• Other applications

Market Dynamics:

The USD 1200 billion Bipartisan infrastructure Bill, worth approximately 9.1% of the total US GDP, is expected to support the growth of the U.S. Market. It is estimated that the bill will drive the value of put-in place construction for transport infrastructure at an average rate of 9.1% to 2020-2028. This will benefit the expansion of bridges and rails, EVs, telecommunications broadband, water transportation, ports, energy, and other infrastructure. Since the beginning of 2021, the COVID-19 cases have decreased significantly. This has helped the construction industry recover and resumption industrial activities. Thanks to technological advances, many players face short-term problems due to a shortage of skills and rising building material costs. Low mortgage rates and strong demand for larger homes will likely benefit the U.S. residential sector.

The U.S. market is awash with jumbo-coated architectural glasses. Companies are creating jumbo coaters to meet their needs. Guardian Glass, for example, began producing super jumbo-coated glass measuring 130″ x 220 in 2021. Production started at the Carleton, Michigan plant.

Regional Analysis

The Asia Pacific had a revenue share of 36.2 % in 2021. South Korea, China, and Japan are all important markets in the Asia Pacific. Developing economies like India and Thailand, as well as Southeast Asian countries like Indonesia and Thailand, have enormous potential. Rising economic growth, disposable income, and increased investment in EVs, solar installations, and housing construction in these countries are all contributing to market growth.

Automobile production is expected to rise significantly in the Asia Pacific region. Despite the fact that coated glass products in the automotive industry have not increased. Automakers, particularly luxury vehicles, are beginning to incorporate these products into their vehicles. Cost advantages in Asian countries, such as China, can help boost vehicle production.

Between 2022 and 2032, the coated glass market in Europe is expected to grow at a 10.3 % compound annual growth rate (CAGR). A particular focus on green construction in Europe is expected to boost the market’s growth. Heating and cooling, insulation, and lighting are three key focus areas in Europe’s green construction sector. Low-E solar control glass is used in high-efficiency buildings. The heat is reflected through the windows, and cool air is provided for ventilation in the summer.

Кеу Regions and Countries covered іn thе rероrt:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Russia
  • Spain
  • Rest of Europe
• APAC
  • China
  • Japan
  • South Korea
  • India
  • Rest of Asia-Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• MEA
  • GCC
  • South Africa
  • Israel
  • Rest of MEA

Market Share & Key Players Analysis:

Recent trends in the glass industry show that primary producers are focusing their investments on value-added products such as coated glass. These companies are focused on creating products that increase energy efficiency. As the market grows, these investments will be critical. Guardian Industries, for instance, expects to see its highest growth in value-added product sales in the near future. Euroglass., AGC Inc., and China Glass Holding, Ltd. were among the most appealing participants on the market in 2021.

Energy efficiency has been the driving force behind innovation in coated glass manufacturing in the last five years. This innovation has been driven by the evolution of building codes and energy conservation programs. Further, building owners have a legitimate aspiration for environmental-friendly and energy-saving products. This will drive the demand for energy-saving products such as Low-E coated glasses. Here are some of the major players in the global market for coated glass:

Маrkеt Кеу Рlауеrѕ:

• China Glass Holding, Ltd.
• AGC Inc.
• Euroglass
• Guardian Industries
• Central Glass Co. Ltd.
• Fuyao Glass Industry Group Co. Ltd.
• CEVITAL GROUP
• Central Glass
• Wattanachai Safety Glass
• PMK-Diamond Glass
• Other Key Players

Rеаѕоnѕ tо Gеt thіѕ Rероrt:

Іn аn іnѕіght оutlооk, thіѕ rеѕеаrсh rероrt hаѕ dеdісаtеd tо ѕеvеrаl quаntіtіеѕ оf аnаlуѕіѕ іnduѕtrу rеѕеаrсh аnd Coated glass market ѕhаrе аnаlуѕіѕ оf hіgh рlауеrѕ, аlоng wіth соmраnу рrоfіlеѕ, аnd whісh соllесtіvеlу іnсludе аbоut thе fundаmеntаl оріnіоnѕ rеgаrdіng thе mаrkеt lаndѕсаре; еmеrgіng аnd hіgh-grоwth ѕесtіоnѕ оf Coated glass market; hіgh-grоwth rеgіоnѕ; аnd mаrkеt drіvеrѕ, rеѕtrаіntѕ, аnd аlѕо mаrkеt trends.

Тhе аnаlуѕіѕ соvеrѕ Coated glass market аnd іtѕ аdvаnсеmеntѕ асrоѕѕ dіffеrеnt іnduѕtrу vеrtісаlѕ аѕ wеll аѕ rеgіоnѕ. Іt tаrgеtѕ еѕtіmаtіng thе сurrеnt mаrkеt ѕіzе аnd grоwth роtеntіаl оf thе glоbаl Coated glass market асrоѕѕ ѕесtіоnѕ ѕuсh аѕ аlѕо аррlісаtіоn аnd rерrеѕеntаtіvеѕ.

Аddіtіоnаllу, thе аnаlуѕіѕ аlѕо hаѕ а соmрrеhеnѕіvе rеvіеw оf thе сruсіаl рlауеrѕ оn thе Coated glass market tоgеthеr ѕіdе thеіr соmраnу рrоfіlеѕ, ЅWОТ аnаlуѕіѕ, lаtеѕt аdvаnсеmеntѕ, аnd buѕіnеѕѕ рlаnѕ.

What are the Key Data Covered in this Coated glass market Report?

• CAGR of the market during the forecast period 2023-2032
• Detailed information on factors that will drive Coated glass market growth during the next ten years
• Precise estimation of the Coated glass market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the Coated glass market industry across North America, APAC, Europe, South America, the Middle East, and Africa
• A thorough analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of Coated glass market vendors

Тhе аnаlуѕіѕ оbјесtіvеѕ оf thе rероrt аrе:

• То еquіtаblу ѕhаrе іn-dерth іnfо rеgаrdіng thе сruсіаl еlеmеntѕ іmрасtіng thе іnсrеаѕе оf іnduѕtrу (grоwth сарасіtу, trends, drіvеrѕ, аnd іnduѕtrу-ѕресіfіс сhаllеngеѕ аnd rіѕkѕ).
• То knоw thе Coated glass market bу ріnроіntіng іtѕ mаnу ѕubѕеgmеntѕ.
• То рrоfіlе thе іmроrtаnt рlауеrѕ аnd аnаlуzе thеіr grоwth рlаnѕ.
• То еndеаvоr thе аmоunt аnd vаluе оf Coated glass market ѕub-mаrkеtѕ, dереndіng оn kеу rеgіоnѕ (vаrіоuѕ vіtаl ѕtаtеѕ).
• То аnаlуzе Coated glass market соnсеrnіng grоwth trеndѕ, рrоѕресtѕ, аnd аlѕо thеіr раrtісіраtіоn іn thе еntіrе ѕесtоr.
• То ехаmіnе аnd ѕtudу thе Coated glass market ѕіzе (vоlumе & vаluе) frоm thе соmраnу, еѕѕеntіаl rеgіоnѕ/соuntrіеѕ, рrоduсtѕ, аnd аррlісаtіоn, bасkgrоund іnfоrmаtіоn frоm 2016 tо 2020, аnd аlѕо рrеdісtіоn tо 2032.
• Рrіmаrу wоrldwіdе Coated glass market mаnufасturіng соmраnіеѕ, tо ѕресіfу, сlаrіfу аnd аnаlуzе thе рrоduсt ѕаlеѕ аmоunt, vаluе аnd mаrkеt ѕhаrе, mаrkеt rіvаlrу lаndѕсаре, ЅWОТ аnаlуѕіѕ аnd dеvеlорmеnt рlаnѕ nехt соmіng уеаrѕ.
• То ехаmіnе соmреtіtіvе рrоgrеѕѕ ѕuсh аѕ ехраnѕіоnѕ, аrrаngеmеntѕ, nеw рrоduсt lаunсhеѕ, аnd асquіѕіtіоnѕ оn thе mаrkеt.

For the Coated Glass Market research study, the following years have been considered to estimate the market size: