GITNUX MARKETDATA REPORT 2024

Glass Coating Industry Statistics

The global glass coating industry is expected to grow steadily, propelled by increasing demand for high-performance coatings in automotive, construction, and electronics sectors.

In this post, we explore key statistics and trends shaping the global glass coating industry. From market size and revenue shares to projected growth rates and demand dynamics, these data points provide valuable insights into the current landscape and future prospects of glass coatings across various sectors and regions.

Statistic 1

"The global glass coating market size was valued at USD 2.17 billion in 2020."

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Statistic 2

"The market is expected to expand at a compound annual growth rate (CAGR) of 20.1% from 2021 to 2028."

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Statistic 3

"On the basis of type, the market saw the largest revenue share of 33.1% from the Low-E glass segment in 2020."

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Statistic 4

"Europe held the largest revenue share of over 27.0% in the glass coating market in 2020."

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Statistic 5

"The Asia Pacific market is projected to witness the fastest CAGR of 25.1% from 2021 to 2028."

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Statistic 6

"The automotive sector accounted for the largest revenue share of over 33.6% in 2020 in the glass coating industry."

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Statistic 7

"The residential construction segment is expected to register the fastest CAGR of 23.1% from 2021 to 2028."

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Statistic 8

"The demand for Nanocoatings in the glass coating industry is expected to grow at a CAGR of 3.5% till 2026."

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Statistic 9

"The demand for Sol-gel glass coatings is estimated to witness the fastest growth, from 2021 to 2026."

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Statistic 10

"The market share for automotive glass coatings is expected to reach 35.01% by 2026."

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Statistic 11

"North America accounted for nearly 20% share of the global glass coatings market in 2019."

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Statistic 12

"Observational estimation reveals that the glass coating market in the Asia Pacific region would grow with a CAGR above 25% till 2026."

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Statistic 13

"The nano glass coatings market in North America was valued at $193.9 million in 2020."

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Statistic 14

"Hydrophobic coatings accounted for the largest market share of 56.30% in 2020 in the global nano glass coatings market."

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Statistic 15

"The consumption of solar control glass coatings is projected to reach approximately 91.02 kilotons in 2026."

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Statistic 16

"The demand for reflective coatings was high in 2019, and are expected to display a CAGR of 6.4% through 2027."

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Statistic 17

"The demand for glass coatings in the construction industry is expected to reach $768 million in 2026."

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Statistic 18

"In terms of technology, the liquid glass coatings market segment was valued at $890 million in 2019."

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Statistic 19

"The global market for automotive glass coatings is projected to reach $1.86 billion by 2023, exhibiting a CAGR of 7% during 2018-2023."

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Statistic 20

"The exterior end-use segment dominated the glass coating market with a share of 68.5% in 2020."

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In conclusion, the global glass coating industry is experiencing significant growth with various segments showing promising opportunities for the future. The market size is expanding at a robust CAGR, with key regions like Europe and Asia Pacific driving this growth. Specific types of glass coatings, such as Low-E glass and Nanocoatings, are witnessing strong demand and are expected to continue growing steadily. Different end-use segments, including automotive and residential construction, are playing crucial roles in shaping the market landscape. As advancements in technology and increasing awareness of the benefits of glass coatings continue to drive the industry forward, the outlook for the glass coating market appears favorable for the coming years.

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