he global flat glass coatings market is forecast to reach USD 5.98 Billion by 2026, according to a new report by Reports and Data. The coating on the flat glass is done to add special features to the glass products such as water and dirt retardation, increased durability, self-cleaning, corrosion resistance, and energy efficiency, among other things. 

The market will continue to develop as a result of rising construction investment due to the fast urbanisation of the world and infrastructure plans by different governments, along with a greater emphasis on embracing green initiatives to become sustainable. The market expansion is also being supported by the quick development of the transportation, renewable energy, social and commercial infrastructure, government housing, and defence infrastructure. Additionally, it is predicted that during the projection period, there will be an increase in the number of green commercial building construction projects, notably in the regions of North America, Asia Pacific, and MEA.

Key participants include Arkema Inc., Ferro Corporation, Nanotech Coatings, Fenzi Spa, Vitro S.A.B. De C.V, Hesse Gmbh & Co. Kg, Nippon Paint Holdings Co., Ltd, Yantai Jialong Nano Industry Co., Ltd, 3M, Unelko Corporation, and The Sherwin-Williams Company, among others.

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Further key findings from the report suggest

• Water-based coatings held the largest market share of 37.1% in the year 2018. This type of coating takes a longer period to dry up but is cheap and is used by several commercial and building sectors that wants to minimize cost.
• Polyurethane resin provides long term high-performance coating when applied over intermediate and primer coats. It is used in solar panels, architectural systems, and greenhouses. It held a market share of 33.4% during the forecast period.
• Epoxy coatings provide a tough, protective coating with excellent hardness. It is used as anti-corrosion, mostly in industrial and automotive applications. It is forecasted to hold a market share of 21.9% in the year 2026.
• Automotive and transportation is forecasted to grow with a CAGR of 21.5% during the forecast period. The growth of flat glass coatings in this sector is promising, as the industry provides a plethora of opportunities. The development of innovative solutions due to the evolving consumer needs and rising demand, rapid transformation in vehicle design and technologies with intense competition will impact the market for flat glass coatings positively.

Resin Outlook (Volume, Kilo Tons; 2016-2026 and Revenue, USD Billion; 2016-2026)

• Polyurethane
• Epoxy
• Acrylic
• Others

Technology Outlook (Volume, Kilo Tons; 2016-2026 and Revenue, USD Billion; 2016-2026)

• Solvent-Based
• Water-based
• Nano-based

Applications Outlook (Volume, Kilo Tons; 2016-2026 and Revenue, USD Billion; 2016-2026)

• Solar Power
• Architectural
• Automotive & Transportation
• Mirror
• Others

Regional Outlook (Volume, Kilo Tons; 2016-2026 and Revenue, USD Billion; 2016-2026)

• North America
  • U.S.
• Europe
  • UK
  • France
• Asia Pacific
  • China
  • India
  • Japan
• MEA
• Latin America
  • Brazil

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