Global Coated Glass Market Share Analysis 2024, Forecast To 2033
8 Mar, 2024
The coated glass market has experienced significant growth, climbing from $31.8 billion in 2023 to $34.8 billion in 2024, with a compound annual growth rate (CAGR) of 9.4%. This growth is fueled by factors such as architectural advancements and the increasing demand for energy efficiency. Forecasts suggest continued strong growth, with the market projected to reach $48.51 billion by 2028, growing at a CAGR of 8.7%. This growth is attributed to trends such as smart glass innovations and advancements in nanotechnology.
Global Coated Glass Market Key Driver
The rise in construction activities, as evidenced by the significant increase in housing units started and construction spending, is fueling the growth of the coated glass market. Coated glass, known for its durability and various protective properties, is a crucial component in modern construction projects, offering resistance to scratches, water, dirt, and UV rays. The surge in construction activities, indicated by a 15.6% rise in housing unit starts and a 3.8% increase in construction spending, underscores the growing demand for coated glass in the construction sector, thereby driving market growth.
Get A Free Sample Of The Global Coated Glass Market ReportGlobal Coated Glass Market Segments
The coated glass market covered in this report is segmented –
1) Coating Type:Online Coatings, Offline Coatings, Dielectric Coatings, Dichroic Coatings, Mirror Silvering
2) Type:Low E-Glass, Heat Reflective
3) Function:Safety And Security, Solar Control, Optics, Fire Rated, Other Functions
4) Application:Automotive, Aerospace And Defense, Optical, Electronics, Architecture, Other Applications
By Geography: The countries covered in the coated glass market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Asia-Pacific was the largest region in the coated glass market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the coated glass market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Major Coated Glass Industry Players
AGC Inc.; Central Glass Co Ltd.; Cardinal Glass Industries Inc.; China Glass Holdings Limited; Euroglas GmbH; Fuyao Glass Industry Group Co Ltd.; Guardian Industries Corporation; Saint-Gobain SA; Schott AG; Sisecam Group; Taiwan Glass Group; Vitro Architectural Glass; Xinyi Glass Holdings Co Ltd.; Interfloat Corporation; PPG Industries Ltd.; Arkema SA; Nippon Sheet Glass Co Ltd.; Vitro Architectural Glass; CSG Holding Co. Ltd.; Corning Inc.; North Glass Technology Co Ltd.; Gold Plus Glass Industry Limited; Asahi India Glass Ltd; Borosil Glass Work Ltd.; Safelite AutoGlass; Specialty Glass Products Inc.; Ellsworth Adhesives; Hecker Glastechnik GmbH; Shanghai North Glass Technology Industrial Co Ltd.; Aremco Products Inc.
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Coated Glass Market Overview
Coated glass refers to the glass' surface having been covered in one or more layers of metal, metal oxide, or other materials, or metal ions having moved over it. They are used for long-lasting, robust defense, scratch resistance, and resistance to water, dirt, ice, and snow. Additionally, they offer self-cleaning, corrosion resistance, and solar protection.