Coated Glass Market: Soft Coating Segment Held The Largest Revenue Share

 Coated Glass Industry Overview

The global coated glass market size was valued at USD 32.32 billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 9.3% from 2022 to 2030. The rising penetration of green buildings and the need to improve energy efficiency and rising awareness associated with it are projected to benefit the market growth over the coming years. Coated glass is used in residential and commercial buildings to keep the inside rooms cool and allow maximum visible light. By reflecting the infrared energy, the temperature inside the building is cooler and therefore it reduces the dependence on air conditioning systems. The product is also used in colder regions, to maintain the warm temperature of the room. In the building & construction industry, coated glass is generally used in the form of insulated glazing units in façades and windows. As a result, the growth of the construction industry in the U.S. is predicted to benefit the market.

Gather more insights about the market drivers, restrains and growth of the Global Coated Glass market

 

The growth of the U.S. market is likely to be supported by the USD 1.2 trillion Bipartisan Infrastructure Bill in the country, which is projected to drive the put-in-place construction value for transport infrastructure at an average rate of 8.9% from 2020 to 2025. This is anticipated to benefit the expansion of bridges, rails, ports, water transport, telecommunications, broadband, EVs, and energy. The construction industry has recovered well since the beginning of 2021, as the COVID-19 cases have reduced significantly, benefiting the resumption of industrial activities. The residential sector in the U.S. is likely to benefit from low mortgage rates and strong demand for bigger homes. However, lack of skilled labor and rising costs for building materials remain short-term challenges for market players.

Jumbo-coated architectural glass is the major trend in the U.S. market. As a result, companies are establishing jumbo coaters to serve their demand. For instance, in 2021, Guardian Glass started production of super jumbo coated glass with the dimension of 130” x 240”. The production has started at the company’s Carleton, Michigan facility.


Browse through Grand View Research's Advanced Interior Materials Industry Research Reports.

  • Microencapsulation Market - The global microencapsulation market size is estimated at USD 11,896.2 million in 2022 and is anticipated to expand at a compounded annual growth rate (CAGR) of 10.3 % from 2023 to 2030. Increasing interest in microencapsulation technology for adequate protection of active drugs such as cisplatin, lidocaine, naltrexone, progesterone, insulin, proteins, peptides, and vaccines is expected to drive market growth.

 

  • Cold Spray Technology Market - The global cold spray technology market size was valued at USD 1.04 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 6.4% over the forecast period. Rising demand from the aerospace industry as a repair technique for lightweight aerospace alloys is expected to drive the industry over the forecast period.

 

Coated Glass Market Segmentation

Grand View Research has segmented the global coated glass market based on coating, application, and region:

Coated Glass Coating Outlook (Revenue, USD Billion; Volume, Kilotons, 2017 - 2030)

  • Hard
  • Soft

Coated Glass Application Outlook (Revenue, USD Billion; Volume, Kilotons, 2017 - 2030)

  • Architecture
  • Automotive
  • Optical
  • Others

Coated Glass Regional Outlook (Revenue, USD Billion; Volume, Kilotons, 2017 - 2030)

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa


Key Companies profiled:

Some of the prominent players in the global coated glass market:

  • China Glass Holding, Ltd.
  • AGC Inc.
  • Euroglas
  • Guardian Industries
  • Central Glass Co. Ltd.
  • Fuyao Glass Industry Group Co., Ltd.
  • CEVITAL GROUP


Order a free sample PDF of the Coated Glass Market Intelligence Study, published by Grand View Research.

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

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