市場調查報告書
商品編碼
1505167
全球鍍膜玻璃市場2024-2031Global Coated Glass Market 2024-2031 |
預計在預測期(2024-2031 年)鍍膜玻璃市場將以 7.4% 的複合年成長率成長。鍍膜玻璃是一種經過薄而透明的塗層處理以改善其性能特徵的玻璃。這種塗層通常在製造過程中施加到玻璃的一個或多個表面。支持市場成長的一個主要因素是對節能和永續建築材料的需求不斷增加。
市場動態
Global Coated Glass Market Size, Share & Trends Analysis Report by Coating (Hard Coating and Soft Coating), and by Application (Architectural, Automotive, Optical, and Others), Forecast Period (2024-2031)
Coated glass market is anticipated to grow at a CAGR of 7.4% during the forecast period (2024-2031). Coated glass is a type of glass that has been treated with a thin, transparent coating to improve its performance characteristics. This coating is typically applied to one or more surfaces of the glass during the manufacturing process. A major factor supporting the market growth is the increasing demand for energy-efficient and sustainable building materials.
Market Dynamics
Elevated Emphasis on Energy Efficiency: Driving the Coated Glass Market
Awareness and concern regarding energy efficiency and sustainability are pivotal drivers shaping the global coated glass market. As environmental consciousness grows, there is a heightened emphasis on adopting green building practices. Coated glass, renowned for its energy-saving properties and contribution to reducing carbon emissions, emerges as a favored choice in modern construction projects. This heightened awareness prompts architects, developers, and consumers to prioritize energy-efficient materials, propelling the demand for coated glass in the market.
Rapid Urbanization and Infrastructure Development
Rapid urbanization and infrastructure development in emerging economies significantly impact the dynamics of the coated glass market. As urban populations swell and cities expand, there is an urgent need for modern infrastructure and buildings to accommodate this growth. Coated glass finds extensive application in skyscrapers, commercial complexes, and urban developments, driven by its ability to enhance aesthetics, energy efficiency, and overall building performance. The surge in construction activities in urban areas fuels the demand for coated glass products, propelling the market growth. For instance, in December 2023, Emirates Glass LLC, a prominent player in the glass industry, reaffirmed its commitment to innovation and quality by investing in new machinery and equipment. The company introduced a state-of-the-art Jumbo Series production line featuring Vortex Pro Convection technology. This cutting-edge production line is capable of manufacturing coated glass with superior emissivity levels, offering both high and low values of 8cm and 0.02cm, respectively.
Market Segmentation
Automotive is Projected to Emerge as the Largest Segment
The automotive segment is expected to hold the largest share of the market. The primary factor supporting the segment's growth includes the increasing demand for advanced safety, comfort, and aesthetic features in vehicles. Coated glass offers several benefits that cater to these requirements, including enhanced durability, UV protection, thermal insulation, and glare reduction. These properties not only improve the overall driving experience by providing a more comfortable and visually appealing environment but also contribute to occupant safety by offering better impact resistance and shatterproof qualities.
Soft Coating Segment to Hold a Considerable Market Share
The soft coating segment holds a considerable market share in the global coated glass market due to its versatile applications and superior performance characteristics. Soft coatings, also known as low-emissivity (Low-E) coatings, are applied to glass surfaces using specialized techniques, resulting in enhanced thermal insulation and solar control properties. This enables soft-coated glass to regulate indoor temperature effectively, minimize heat loss in cold climates, and reduce solar heat gain during hot weather, thereby improving energy efficiency in buildings and vehicles.
The global coated glass market is further segmented based on geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia-Pacific), and the Rest of the World (the Middle East & Africa, and Latin America).
Europe's Accelerated Growth in Coated Glass Market Amidst Environmental Imperatives
Europe is emerging as the fastest-growing market in the global coated glass market due to stringent regulations and standards regarding energy efficiency and environmental sustainability that are driving the adoption of coated glass in the region. European countries are increasingly focused on reducing carbon emissions and improving building energy performance, leading to a surge in demand for energy-efficient building materials such as coated glass, also the renovation and modernization of existing infrastructure, particularly in urban areas, are fueling the demand for coated glass products that offer improved thermal insulation, solar control, and soundproofing properties. For instance, in August 2023, Eurostat, the statistical office of the European Union (EU) based in Luxembourg, reported a 0.5% increase in industrial production in the euro area and a 0.4% rise in the EU in June 2023 compared to the previous month of May 2023.
Asia-Pacific Holds Major Market Share
Among all the regions, Asia-Pacific holds a significant share due to rapid urbanization, infrastructural development, and growing construction activities in the region. Countries like China, India, and Japan are experiencing significant economic growth, leading to increased investments in residential, commercial, and industrial infrastructure. As a result, there is a soaring demand for coated glass in building facades, windows, and other architectural applications to enhance energy efficiency, thermal insulation, and aesthetic appeal. Additionally, the automotive sector in Asia-Pacific is witnessing robust growth, driving the adoption of coated glass for vehicle windows and windshields to improve safety, comfort, and sustainability. For instance, in November 2023, Nippon Sheet Glass Co., Ltd. unveiled the commencement of operations for a fresh solar glass production line in Malaysia. Simultaneously, the company repurposed an existing production line to cater specifically to transparent conductive oxide (TCO) glass manufacturing. This strategic initiative reflects the company's commitment to advancing renewable energy solutions and addressing pressing global environmental challenges.
The major companies serving the global coated glass market include AGC Inc., Central Glass Co. Ltd., Fuyao Glass Industry Group Co., Ltd., Corning Incorporated, and SYP Glass Group Co., Ltd., among others. The market players are increasingly focusing on business expansion and product development by applying strategies such as collaborations, mergers, and acquisitions to stay competitive in the market. For instance, in January 2023, Guardian Glass, a prominent manufacturer specializing in coated and fabricated glass, revealed its acquisition of Vortex Glass through a signed agreement. As part of the acquisition, Guardian Glass will obtain the fabrication business assets of Vortex Glass across key locations in California, Miami, and Florida. This strategic move aims to bolster Guardian Glass's operational footprint and enable it to meet the increasing demand for coated glass within the US.