Coated Glass Market Expanding at 7.4% Growth Up to 2024 with Saint-Gobain, PPG Industries, Şişecam, Guardian Industries, SCHOTT, Pilkington to Be the Major Key Players
Global Market Insights, Inc. predicts in its forecast report, the soft coated glass market segment is set to cross USD 2.5 billion at the end of 2024 as majorly used in construction applications as replacement windows for existing homes and glazing applications in conservatories and new houses.
SELBYVILLE, Del., Nov. 19, 2018 /PRNewswire-PRWeb/ -- The hard coated glass market demand from automotive windshield application will witness steady gains at over 4.5% during 2018-2024. Increased usage of product in windscreens to offer convenient driving during harsh weather conditions such as fog, ice, mud and rain will boost product demand. Growing automotive manufacturing base in Asia Pacific region along with acoustic, thermal & visual comfort and style & taste of the products in automobiles will positively influence coated glass market size.
The report says global coated glass market will cross USD 24.5 billion by 2024 due to the increasing demand for clean source of energy along with addition of better aesthetical value to the buildings will drive coated glass market. Favorable government schemes along with growth in FDI funding in India and China has propelled the growth of construction and automotive industries in the region, thereby propelling product demand. Environmental concerns regarding CO2 emissions and consumer awareness towards energy efficient buildings will stimulate industry growth.
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Solar control glass market demand from construction applications will witness gains at over 4% during the projected timespan. The products are used in combination to create multi-functional glazing which results in noise reduction, low-maintenance, enhanced safety & security and aesthetic appeal. They have a microscopically thin coating on one side of the glass which reflects the heat from the sun to the outside and keeps the interiors cooler, thereby enhancing the energy efficiency of the building and stimulating coated glass market growth.
U.S. solar control glass market size from residential buildings will exceed USD 50 million at the end of 2024. Increasing expenditure on household remodeling and renovation activities in the U.S along with promotion of renewable energy resources will fuel industry growth. Rising application of the product in automobile interiors combined with increasing automotive production output is anticipated to drive market growth to a certain extent.
Europe coated glass market size driven by France, Germany, Russia, Poland and UK will register steady growth at over 3.5%. Growth in green buildings, hospitals, offices and institutions have enhanced the construction output in Europe.
Browse key coated glass market insights from the 2018 report spread across 500 pages offering 1316 market data tables as well as 18 figures & charts along with the table of contents:
https://www.gminsights.com/industry-analysis/coated-glass-market
Brazil low-E glass demand from automotive windshield will surpass USD 55 million by 2024. Fiat Chrysler Automobiles, Honda, Toyota, Volkswagen and General Motors are opening or expanding their automotive production facilities in the region to boost up the local economy.
India soft coat glass market size is likely to register significant gains close to 6% during the forecast timeline. Increasing construction projects along with styling flexibility, transmittance and reflection properties of these product will drive regional industry growth. The product offers thermal performance and neutral appearance similar to its counterparts, resulting into coated glass market demand.
Low-E coated glass market demand from commercial buildings may exceed USD 4 billion by 2024. The product offers low surface emissivity and helps in reduction of UV-value; thus it enhances energy efficiency of the buildings and minimizes CO2 emissions. Increased R&D spending and technological advancement in the product portfolio will surge industry growth.
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Top key players mentioned in this Coated Glass Market report include Saint-Gobain, PPG Industries, Şişecam, Guardian Industries, SCHOTT, Pilkington, Asahi Glass Co., Ltd., Glaze-Tech Industries, Schott AG, Euroglas, Abrisa Technologies, Cardinal Glass Industries, Inc., Press Glass, FUSO Glass, Glaze-Tech Industries, Metro Performance Glass and some others.
Browse Related Reports:
1. Flat Glass Market Size By Product (Laminated, Tempered, Basic Float, Insulating), By Application (Construction, Automotive), Industry Analysis Report, Regional Outlook (North America, Central & South America, China, Indian Sub-Continent, Oceania, Europe, Post-Soviet States, Middle East, Africa) Application Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024
Flat Glass Market size surpassed USD 80 billion in 2016 and demand should exceed 120 million tons by 2024.
Read more at: https://www.gminsights.com/industry-analysis/flat-glass-market
2. Automotive Glass Market Size By Product (Laminated, Tempered), By Application (Sidelite, Backlite, Windscreen), By End-Use (Aftermarket Replacement Glass, Original Equipment Manufacturer), By Vehicle (Light Commercial Vehicle, Heavy Commercial Vehicle, Passenger Cars), Industry Analysis Report, Regional Outlook (U.S, Canada, Germany, UK, France, Italy, Spain, Russia, China, India, Japan, Australia, Malaysia, Indonesia, South Korea, Brazil, Argentina, Mexico, Saudi Arabia, UAE, South Africa), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2018 – 2024.
Automotive Glass Market size was valued at over USD 12 billion in 2017 and is predicted to exhibit around 7% CAGR between 2018 and 2024.
Read more at: https://www.gminsights.com/industry-analysis/automotive-glass-market
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