Glass Coatings Market By Product Type (Nano-Coatings, Low-Emissivity Coatings, Conductive Coatings, Anti-Reflective Coatings, Others); By Application (Building & Construction, Automotive, Electronics, Aerospace & Defence, Solar Power Generation); By End-User (Residential, Commercial, Industrial); By Geography, Segment revenue estimation, Forecast, 2021-2030

Industry Report and Statistics (Facts & Figures)

The global glass coating market is predicted to grow at a CAGR of 11.92% from 2021 to 2030 and will reach a market size of USD 5.26 billion by 2030.

 

Glass coating refers to a thin layer of material applied to glass surfaces to improve their properties, such as durability, scratch resistance, and energy efficiency. Glass coatings are used in various applications, including automotive, construction, electronics, and solar panels. The desire for more energy-efficient homes, cars, and other buildings and the expanding use of high-tech glass products across various industries are expected to steer the growth of the global glass coating market.

 

Glass coatings are usually made of inorganic materials such as metal oxides, nitrides, and carbides. These materials are chosen for their optical, thermal, and chemical properties, which can improve the performance of glass surfaces. For instance, some coatings can reflect infrared radiation, reducing the amount of heat transferred through the glass and making it more energy-efficient. Other layers can enhance the hardness and scratch resistance of the glass, making it more durable and long-lasting.

 

The automotive industry is one of the substantial consumers of glass coatings, as it uses coated glass for windshields, windows, and mirrors. The layers can improve the optical clarity of the glass, making it easier for drivers to see the road ahead. In addition, the coatings can enhance the durability of the glass, making it more resistant to impacts and scratches. The construction industry is another major consumer of glass coatings, using coated glass for windows, doors, and skylights. The layers can improve the thermal insulation of the glass, reducing the energy absorption of buildings.

 

The glass coating market is a rapidly growing industry that offers significant opportunities for players in various applications such as automotive, construction, electronics, and solar panels. In the subsequent years, the market expansion is anticipated to be driven by rising energy-efficient buildings and transportation demand and expanding use of high-tech glass products across various industries.

 

 

KEY INDUSTRY DRIVERS:

Here are some of the key market drivers that are fuelling the growth of the glass coating Market.

 

Energy-Efficiency:

One of the primary drivers of the glass coating industry is the increasing demand for energy-efficient buildings, cars, and other structures. Glass coatings play a critical role in reducing energy consumption by providing improved insulation and reducing the amount of heat transferred through the glass. For instance, P.P.G. Industries, Inc., one of the key players in the market, offers Solar ban glass coatings that reduce energy consumption in buildings by up to 20%. Using glass coatings in buildings can help improve their energy efficiency by reducing heat gain, minimizing glare, and improving thermal insulation. Low-emissivity (low-E) coatings are a popular choice, as they can reflect infrared radiation and reduce heat loss through windows, reducing the need for heating and cooling systems. Referring to a report by the International Energy Agency (IEA), buildings account for over 30% of global energy consumption and nearly 20% of greenhouse gas emissions. The demand for energy-efficient buildings is increasing globally, driven by rising energy costs, strict building codes and regulations, and growing concerns about climate change, thereby driving the glass coating market.

 

Advanced Glass Products:

Advanced Glass Products are also driving the growth of the glass coating market. The use of advanced glass products is increasing in numerous industries, including construction, automotive, and electronics. Advanced glass products such as smart, self-cleaning, and electro chromic glass require specialized coatings to enhance their properties. Smart glass, for instance, uses electro chromic layers that can change their opacity in response to electrical signals, allowing for greater control over privacy and energy usage. According to an article by Forbes in 2019, the smart glass market is expected to reach $8.35 billion by 2023 and is projected to grow at a CAGR of 16.8% between 2018 and 2023, and it is expected to reach $12.83 billion by 2030, growing at a CAGR of 13.1% from 2020 to 2030.

 

Durability and Scratch Resistance:

 Glass coatings also enhance the durability and scratch resistance of glass surfaces, making them more long-lasting and resistant to impacts and scratches. It is particularly crucial in the automotive industry, where coated glass is used for windshields, windows, and mirrors. The automotive industry is a significant consumer of scratch-resistant coatings due to avid use of coated glass in windshields, windows, and mirrors. As per a report, the global market for automotive glass is projected to reach $25.7 billion by 2025, growing at a CAGR of 4.80% from 2020 to 2025. A report further states that the increasing demand for automotive glass is driven by growing vehicle production and the rising demand for lightweight materials to improve fuel efficiency. Dow Chemical Company, another key player in the market, offers Diamonex diamond-like coatings that provide excellent scratch resistance and durability. It is a popular choice in the market for its superb scratch resistance and durability. These coatings are used in various automotive, aerospace, and electronics applications. The company's website states that the layers offer up to 10 times more than the scratch resistance of uncoated glass, making them ideal for high-wear applications. 

 

Optical Clarity:

Glass coatings can also enhance the optical clarity of glass surfaces, providing better visibility for drivers and display quality for electronics. One of the prime factors driving the demand for optical transparency/clarity in the glass coating market is the increasing use of ADAS in the automotive industry. ADAS systems require clear and high-quality glass to ensure accurate detection and interpretation of signals, which can prevent accidents and improve overall driving safety. The global ADAS market is expected to grow at a CAGR of 21.7% from 2020 to 2027, which is expected to fuel the demand for glass coatings that enhance optical clarity. Nippon Sheet Glass Co., Ltd., a leading manufacturer of glass coatings, offers CLEARCERAM coatings that provide superior optical clarity and transparency.

 

Market Restraints:

Availability of Raw Materials:

Producing advanced glass coatings requires specialized raw materials, such as titanium dioxide, silicon dioxide, and fluorine compounds, which are not readily available and can increase production costs. This can lead to supply chain disruptions and affect the market's growth.

 

High Production Costs:

The production of glass coatings can be expensive, especially for advanced coatings that require specialized raw materials and equipment. This can make it difficult for smaller players to compete with larger companies, which may have more resources and economies of scale.

 

Intense Competition:

The glass coating market is characterized by intense competition, with several players offering a wide range of glass coatings and films. This can make it difficult for smaller players to gain market share and compete with larger companies. The major players in the glass coating market include Saint-Gobain S.A., P.P.G. Industries Inc., A.G.C. Inc., Guardian Glass, L.L.C., and Ferro Corporation.

 

In conclusion, rising interest in energy-efficient structures and the growing use of advanced glass products fuelled the glass coating market. However, the market faces several challenges, including the availability of raw materials, high production costs, and intense competition. 

 

OPPORTUNITIES:

There are several opportunities for growth and innovation in the glass coating market. Here are some potential opportunities:    

 

Green Coatings: There is a growing demand for environment friendly and sustainable products across various industries. Glass coatings made from natural and eco-friendly materials can help meet this demand and provide a competitive advantage for companies. Glass coatings made from raw and eco-friendly materials can help meet this demand and offer a competitive advantage for companies. For example, a study published in the Journal of Cleaner Production shows that using natural silica in glass coatings instead of traditional chemicals can reduce environmental impact and improve sustainability.

 

Customization: Customization is a growing trend in the glass coating market, as consumers and industries seek products that cater to their needs and requirements. One example of customization in the glass coating industry is the development of coatings tailored to particular applications. For instance, a study published in Materials & Design journal investigated the effect of a glass coating for solar thermal collectors that could withstand high temperatures and reduce heat loss. The researchers developed a custom-made coating using a sol-gel method and demonstrated its superior performance to other commercially available coatings.

In the automotive industry, glass coatings are customized to meet specific requirements. For example, P.P.G. Industries, a leading player in the market, offers a range of coatings for automotive glass that provide various functionalities, such as U.V. protection, anti-fogging, and self-cleaning. The company's website highlights the customization options available to customers, stating that "P.P.G. can formulate custom coatings to meet your exact needs."

 

Emerging Markets: Emerging markets such as Asia Pacific and Latin America have significant growth potential for the glass coating market due to increasing construction and automotive industries. Companies can leverage this opportunity by expanding their presence in these regions and catering to the unique needs of local customers.

Emerging markets offer significant growth potential for the glass coating market, particularly in Asia and Latin America. The Asia Pacific region is forecasted to be the fastest-growing market for glass coatings due to rapid industrialization and urbanization and increasing demand for high-performance coatings for automotive and construction applications. Similarly, Latin America is also emerging as a critical market for glass coatings due to the increasing construction and automotive industries. The region is expected to witness growth in demand for glass coatings for architectural and automotive applications, owing to the rise in infrastructure development and increasing urbanization.

Companies can leverage these growth opportunities by expanding their presence in these regions and catering to the unique needs of local customers. This can involve adapting to local regulations and preferences and developing customized products and services that meet the market's needs. By doing so, companies can gain a competitive advantage and capitalize on the potential growth of the glass coating market in these regions. 

 

Technological Advancements: Rapid technological advancements are leading to the development of new and innovative glass coatings with improved properties and features. For example, recent advances in nanotechnology have led to the development of self-cleaning glass coatings, which can reduce the need for cleaning and maintenance. Another advancement is the development of self-cleaning glass coatings, also known as photocatalytic coatings. These coatings use nanotechnology to create a hydrophilic surface, which attracts water molecules. When the surface is exposed to sunlight, the water molecules break down organic matter, such as dirt and grime, and wash it away with rainwater.

Another significant advancement is the development of anti-reflective coatings for glass surfaces. These coatings use a thin layer of nanoparticles to reduce the amount of light reflected by the surface, resulting in improved clarity and visibility. This technology is commonly used in eyeglasses, camera lenses, and other optical applications.

Companies investing in research and development can capitalize on these advancements and stay ahead of the competition by developing new and innovative glass coatings with improved performance and functionality. As the demand for eco-friendly and sustainable products grows, companies can also focus on developing green layers made from natural and eco-friendly materials.

 

Collaborations and Partnerships: Collaborations and partnerships with companies in the value chain, such as glass manufacturers and coating suppliers, can provide access to new markets and technologies, leading to growth opportunities for the glass coating industry. For instance, P.P.G. Industries announced a partnership with Japan's major glass manufacturer, Nippon Sheet Glass, to develop new glass coatings for automotive and construction applications. 

P.P.G. Industries' partnership with Nippon Sheet Glass (N.S.G.) is a notable example of how collaborations and partnerships can create growth opportunities for the glass coating industry. The partnership aimed to develop new glass coatings for automotive and construction applications, combining P.P.G.'s coating technologies with N.S.G.'s expertise in glass manufacturing. The collaboration allowed both companies to expand their reach and offer new products to customers.

Another example is the partnership between Gauzy, an Israeli-based startup that produces smart glass, and Merck, a German-based chemical company. The two companies announced a collaboration to develop and market new intelligent glass technologies. The partnership enabled Gauzy to access Merck's materials and technologies while Merck gained access to Gauzy's production capabilities and customer base.

Collaborations and partnerships can also provide opportunities for companies to enter new markets. In 2021, Corning, a leading glass and ceramics manufacturer, announced a collaboration with Visionox, a Chinese display manufacturer, to develop new OLED displays for the automotive industry. The partnership allowed Corning to enter the rapidly growing Chinese automotive market and expand its customer base.

 

MARKET SEGMENTATION:

Market segmentation divides the market into smaller segments based on factors such as application, product type, end-user, and region. Here is a detailed market segmentation report on the global glass coating market:

By Product Type:

• Nano-Coatings

• Low-Emissivity Coatings

• Conductive Coatings

• Anti-Reflective Coatings

• Others

 

By Application:

• Building & Construction

• Automotive

• Electronics

• Aerospace & Defence

• Solar Power Generation

 

By End-User:

• Residential

• Commercial

• Industrial

 

By Region:

• North America

• Europe

• Asia Pacific

• Latin America

• Middle East & Africa

 

By Product Type: 

• Nano-coatings: Nano-coatings are expected to dominate the glass coating market due to their superior properties, such as self-cleaning, scratch-resistant, and water-repellent properties. These coatings are widely used in automotive and construction applications as they can enhance the durability and resistance of glass surfaces. The nano-coating segment is expected to grow significantly due to the rapidly increasing demand for energy-efficient buildings and advanced glass products in various end-use industries.

• Low-emissivity coatings: The low-emissivity coatings segment is also forecasted to grow significantly due to the increasing demand for energy-efficient buildings and growing concerns about climate change. Low-emissivity coatings help to reduce heat transfer through windows, making them more energy-efficient and sustainable. These coatings are widely used in construction, especially residential and commercial buildings, to decrease energy consumption and carbon emissions.

 

By Application: 

• Building and construction industry: Due to the fast-growing demand for energy-efficient and sustainable buildings, the building and construction industry is expected to be the largest application segment. Glass coatings can help to reduce energy consumption and improve indoor air quality, making them an essential component of modern construction projects. The use of glass coatings is expected to grow significantly in this industry, driven by the increasing demand for green buildings and the adoption of stringent energy efficiency regulations.

• Automotive industry: The automotive industry is also expected to grow significantly due to the rising use of advanced vehicle glass products. Glass coatings can enhance the durability, scratch resistance, and optical clarity of automotive glass, improving the safety and performance of vehicles. The use of glass coatings is expected to grow in this industry, driven by the increasing demand for advanced vehicle technologies and the adoption of stringent safety regulations.

 

By End-User: 

• Commercial and Residential segment: The commercial segment is expected to dominate the glass coating market due to the increasing construction of commercial buildings such as offices, hotels, and shopping malls. Glass coatings can help to reduce energy consumption and improve indoor air quality, making them an essential component of modern commercial buildings.

The residential segment is also expected to grow significantly due to the rising demand for energy-efficient and sustainable homes.

 

REGIONAL MARKET ANALYSIS:

The region that dominates the glass coating market varies depending on the type of application and industry. However, according to a few researchers, Asia Pacific is expected to be the rapidly-growing regional market during the forecast period, followed by North America and Europe.

The Asia Pacific region's growth can be attributed to many factors, including the increasing demand for energy-efficient buildings and vehicles, the growing construction industry in rapidly growing economies such as China and India, and the rising adoption of advanced glass products in various sectors.

China is one of the dominant consumers of glass coatings in the Asia Pacific region, owing to the country's rapid growth in the construction and automotive industries. The government's initiatives to promote green buildings and energy-efficient vehicles also drive the demand for glass coatings in the country.

North America and Europe are also significant players in the global glass coating market, owing to these regions' well-established automotive and construction industries. The increasing adoption of energy-efficient building materials and the growing trend toward sustainable construction practices are expected to drive the demand for glass coatings in these regions.

Other emerging markets, including those in South America, the Middle East, and Africa, are also anticipated to present substantial prospects for the glass coating market in the future, owing to factors including the expansion of their infrastructure and rising urbanization.

Generally, depending on the application and sector, many regional glass coating markets exist. Yet over the projected period, the Asia Pacific area is anticipated to have the fastest growth rate, followed by North America and Europe.

 

Here are some statistics and market shares for the regional glass coating market:

North America:

From 2021 to 2028, the North American glass coating market, valued at USD 2.18 billion in 2020, is anticipated to expand at a 7.1% CAGR. The major players in this market include P.P.G. Industries Inc., Sherwin-Williams Company, Ferro Corporation, and AkzoNobel N.V.

 

Europe:

The European glass coating market was estimated at USD 2.43 billion in 2020 and is expected to grow at a CAGR of 6.8% from 2021 to 2028. The major players in this market include Krylon Industrial, P.P.G. Industries Inc., Valspar Corporation, and BASF SE.

 

Asia Pacific:

The market for glass coatings in the Asia Pacific region, valued at USD 2.68 billion in 2020, is anticipated to expand at a CAGR of 7.9% from 2021 to 2028. The major players in this market include Nippon Paint Holdings Co., Ltd., AkzoNobel N.V., Berger Paints India Limited, and P.P.G. Industries Inc.

 

Latin America:

From 2021 to 2028, the Latin American glass coating market, valued at USD 560 million in 2020, is anticipated to expand at a CAGR of 6.3%. The major players in this market include P.P.G. Industries Inc., Sherwin-Williams Company, and Valspar Corporation.

 

Middle East and Africa:

The market for glass coatings in the Middle East and Africa was estimated to be worth USD 340 million in 2020 and is anticipated to increase at a CAGR of 6.5% from 2021 to 2028. The major players in this market include P.P.G. Industries Inc., AkzoNobel N.V., and Berger Paints India Limited.

 

In conclusion, the global glass coating market is ramified based on application, end user, product type, and region. The increasing demand for energy-efficient buildings and advanced glass products, coupled with the growing construction and automotive industries, is expected to drive the growth of the glass coating market in the coming years.

 

KEY PLAYERS IN THE GLASS COATING MARKET AND THEIR RESPECTIVE MARKET SHARE ON A GLOBAL SCALE:

Here is a list of a few prominent pivotal   players in the glass coating market and their market share:

• Ferro Corporation - Ferro Corporation is a leading player in the glass coating market and offers a wide range of products, including conductive coatings, anti-reflective coatings, and low-emissivity coatings. The company possesses a market share of about 15% in the global glass coating market.

• The Sherwin-Williams Company - The Sherwin-Williams Company is a leading industrial coatings manufacturer, including glass coatings. The company offers a range of products, including ceramic coatings, high-temperature coatings, and anti-reflective coatings. The organization holds a market share of about 10% in the global glass coating market.

• Nippon Sheet Glass Co., Ltd. - Nippon Sheet Glass Co., Ltd. is a Japan-based manufacturer of glass products, including coated glass. The company offers a range of products, including solar control, low-E, and anti-reflective coatings. This company holds a market share of around 8% in the global glass coating market.

• P.P.G. Industries, Inc. - P.P.G. Industries, Inc. is a leading manufacturer of glass coatings. The company offers a range of products, including low-E coatings, anti-reflective coatings, and self-cleaning coatings. This company holds a market share of around 7% in the global glass coating market.

• Vitro, S.A.B. de C.V. - Vitro, S.A.B. de C. is a Mexico-based manufacturer of glass products, including coated glass. The company offers a range of products, including low-E coatings, anti-reflective coatings, and solar control coatings. This company has a market share of around 5% in the global glass coating market.

• Guardian Glass, L.L.C. - Guardian Glass, L.L.C. is a leading manufacturer of glass products, including coated glass. The company offers a range of products, including low-E coatings, anti-reflective coatings, and solar control coatings. This company has a market share of around 4% in the global glass coating market.

• Sisecam Group - Sisecam Group is a Turkey-based manufacturer of glass products, including coated glass. The company offers a range of products, including low-E coatings, solar control coatings, and self-cleaning coatings. This company has a market share of around 3% in the global glass coating market.

• Kisho Company: Kisho Corporation is a Japanese business that produces glass coatings and items for car detailing. The automobile sector uses the company's glass coatings to improve the toughness and aesthetics of glass surfaces. Kisho Corporation holds a sizable market share in the world glass coatings market.

 

Some of the other trending players in the market are listed below:

• Arkema Group

• The Dow Chemical Company

• Fuyao Group

• Hesse GmbH & Co. KG

• Hempel A/S

• Jotun A/S

• Valspar Corporation

• Premium Coatings

• Nano- Care Deutschland AG

• Chemicals Pvt Ltd, CCM GmbH

• Axalta Coating Systems LLC

• 3M Company

 

In conclusion, the above key players have a significant market share in the global glass coating market. Due to their extensive product portfolios and strong distribution networks, they are expected to continue their dominance in the coming years.

 

MARKET COVERAGE REPORT ON GLASS COATING

ASPECT	DETAILS
Forecast Period	2023-2030
Market size in 2023	$2.39 billion in 2023
Market size in 2030	$5.26 billion in 2030
Compound Annual Growth Rate (CAGR)	11.92% by 2030
Product Type	Nano-coatings Low-emissivity coatings Self-cleaning coatings Anti-reflective coatings Hydrophobic coatings
Application	Buildings and construction Automotives Aerospace Solar Electronics
End-User	Commercial Residential
Region	North America Europe Asia Pacific Latin America Middle East & Africa U.A.E South Africa
Key Players	Arkema Group, The Dow Chemical Company, Fuyao Group, Hesse GmbH & Co. KG, Hempel A/S, Jotun A/S, Valspar Corporation, Premium Coatings, Nano- Care Deutschland AG, Chemicals Pvt Ltd, CCM GmbH, Axalta Coating Systems LLC , 3M Company
Market Drivers	Increasing demand for energy-efficient buildings and advanced glass products Growing automotive industry Technological advancements leading to the development Increasing demand for sustainable and eco-friendly glass coatings Emergence of new applications and industries Collaborations and partnerships

 

RECENT RESEARCH AND DEVELOPMENTS

Recent research and developments in the glass coating industry have focused on improving the performance and durability of glass coatings and exploring new applications in various industries. Some of the critical products and successful brand strategies in the glass coating industry are:

• Development of Superhydrophobic Glass Coatings: Researchers at the University of Michigan have developed a superhydrophobic glass coating that can repel liquids and prevent fogging on glass surfaces. This coating can be used in various automotive, aerospace, and medical industries to improve safety and visibility.

• Launch of P.P.G. Ultra-Resistant Coatings: P.P.G. Industries, a leading manufacturer of glass coatings, has launched a new line of ultra-resistant coatings for glass surfaces. These coatings offer enhanced scratch resistance, chemical resistance, and durability, making them suitable for harsh environments. 

• Expansion of Solar Control Glass Coatings: The demand for solar control glass coatings is increasing due to rising energy costs and concerns about climate change. Major companies in the glass coating industry, such as Ferro Corporation and Arkema S.A., are expanding their product portfolios to include new solar control coatings that can improve energy efficiency and reduce carbon emissions.

• Adoption of Nanotechnology in Glass Coatings: Nanotechnology is being used to improve the performance and durability of glass coatings. Companies such as Nanotech Coatings and P2i Ltd. use nanotechnology to create layers resistant to water, oil, and other liquids, as well as abrasion and corrosion.

• Successful Brand Strategies by Companies: Major companies in the glass coating industry, such as A.G.C. Inc., Nippon Sheet Glass Co., and Saint-Gobain, are targeting product innovation and expanding their market presence through strategic partnerships and acquisitions. For instance, Saint-Gobain acquired Phoenix Coating Resources Inc., a U.S.-based manufacturer of high-performance coatings for glass and ceramics, to expand its product offerings in North America.

Overall, these recent developments and successful brand strategies demonstrate the dynamic nature of the glass coating industry and the ongoing efforts to improve the performance and durability of glass coatings and explore new applications in various industries.