Coated Glass Market Synopsis

Coated Glass Market Size Was Valued at USD 38.1 Billion in 2023, and is Projected to Reach USD 89.1 Billion by 2032, Growing at a CAGR of 9.9% From 2024-2032.

Coated glass, in the context of glass manufacturing and especially when relating to this study, can be defined as glass which has been treated with a very thin layer of a certain type of material to improve its properties or performance. This coating can be used for different purposes, it may act as a thermal barrier, that is it reduces glare which is another advantage of the coating, increase strength or it may be used as a colored coat with some specific kind of optical properties. It is important for coatings to be deposited through methods such as – chemical vapor deposition, sputtering or pyrolysis. Generally, coated glasses can have certain set of properties and perform specific functions depending on the coating type and the intended application of the said product.

• Huge growth has been observed in the coated glass market in the past few years owing to its rising demand in the global markets in the various sectors including construction, automotive, electronics and solar. Most commonly, coated glass is found in the construction industry where the coated glass is applied to energy efficient windows for better heat insulation and reduction of heating and air conditioning expenses. Along the same line it has been seen that innovation in coat technology have made it possible to come up with self-cleaning and anti-reflective coating which are helping to create more demands for the coated glass in architectural industries. In a car manufacturing sector, the coated glass is more preferred for car windscreen and car windows as far as safety, ultraviolet radiation, and beauty are concerned. Also, the increased focus on sustainability is an essential reason to use coated glass in solar panels to improve the efficiency and lifespan of the product.
• There is still much growth potential for coated glass in the years to come given the sustainable development of cities, construction, and advancement of technology. Higher focus towards the green building and constructions coupled with growth in smart glass technology paves way for the growth of the coated glass market in the near future. In addition, development of advanced coated glass for automotive electronics application due to a gradual shift to electric vehicles and preference for lightweight materials that will enhance performance as well as energy efficiencies will foster the demand for coated glass products. However, novel trends like embedding the coatings with smart technologies and working on smart and versatile coatings together will add new horizons for the players and will help the coated glass market to amplify the effect of growth and innovation shortly.

Coated Glass Market Trend Analysis

Increasing demand for smart glass solutions

• Smart glass/switchable glass has the unique feature of adapting its properties through changes in the application conditions/ stimuli/ voltage. Smart glass provides flexible regulation of certain characteristics: translucence, darkness, insulation, and the possibility of an increased level of comfort, energy savings, and confidentiality. Smart glass is widely being incorporated into several industries today with especial emphasis on construction, car industry, aviation, and even consumer goods. Although the development of smart glass has been moderate due to the complexity in designing and fabricating materials, innovations in materials science and manufacturing processes will open new opportunities to expand the application and market of smart glass for sustainable and intelligent architecture, automotive industry, and electronics soon.

Development of multifunctional coatings

• Generally, people have used film to coat glasses to some purpose for instance; anti-glare, anti-reflection and self-cleaning. This is because most consumers are developing an interest in durable protective coatings that can offer a second function apart from protection to the surface. In diverse applications, Mult surface coatings can correspond to multiple needs to organize both resources and applications for higher efficacy, effectiveness, and improved performance. With such prospects, one can conclude that with today’s advances in nanotechnology, material science, and techniques of coating deposition the precedent can be undoubtedly used for creation of new coated glass products that would correspond to the current trends in the market and satisfy the demand for the use of all-inclusive coated glass products across various industries.

Coated Glass Market Segment Analysis:

Coated Glass Market Segmented on the basis of coating and application.

By Coating, Hard Coating segment is expected to dominate the market during the forecast period

• The coated glass market segment reflecting remarkable revenues is the segment for hard coating for coated glass during the given time span. It is however, quite interesting to note that hard coatings are extremely resistant to scratching, abrasion and chemicals and hence enjoys many applications. Some of the segment including automotive, electronics and construction prefer hard coat glass because of the resilience to weather conditions and they do not turn foggy easily.
• besides, the demand for touch screen devices such as smart phones, tablets, and automotive infotainment units also drives have coated glass for longer durability, reliability and excellent performance. . Over the time, the application of technologies to develop improved hardness and scratch resistance properties in the hard coatings will further promote its dominance in the coated glass market while meeting end-user demands in various industries, including automotive, construction, and consumer electronics.

By Application, Architecture segment expected to hold the largest share

• However, it should be noted that the architecture segment will continue to dominate the coated glass market in the future as well. This can be concluded that the increasing concern with efficiency, sustainability and aesthetics in construction has led to this dominance. Loose cast glass with a coating is important in architectural designs in the current society since they possess some essential features like thermal insulation, solar regulation, glare prevention, and aesthetics. As more associations and organizations around the globe become conscious of environmental concerns and plot carrying out stricter building codes, requirements for coated glass as a sustainable building material are also on the rise.
• A wide variety of coated glass solutions are being designed and installed by architects and builders with the aim of achieving green building certifications, to offer comfortable and esthetically pleasing spaces that allow for maximum natural lighting, and at the same time using minimum energy. In addition, new coat technologies have opened up the possibilities for production of speciality coated glass products like smart glass with inherent abilities for self-cleaning and electrochromic effects among others that resulted in the increased utilization of coated glass in buildings. Thus, the prospects of the architecture segment seem promising as more people settle in urban areas and construction activity remains high, therefore, the coated glass segment will also remain active.

Coated Glass Market Regional Insights:

North America is Expected to Dominate the Market Over the Forecast period

• North America is expected to continue being the most significant region for coated glass consumption and sales over the forthcoming years due to the various reasons discussed below. Fortunately, the construction industry is very active in the region, and there is no compromise when it comes to energy efficiency standards for buildings and other structures, this creates a market for coated glass products mainly used in commercial and residential building projects. Also, the automotive industry in North America is expanding rapidly, especially, customers’ demand automotive glass products that are coated for enhanced features, such as safety and luxury appearance.
• In additions, increasing use of new technologies and improving demands of coating materials along with enhancing manufacturing processes are some of the factors strengthening growth of the market in that region. A renewed focus on sustainability, particularly, in protecting environment along with more and more spending into infrastructure development in North America is anticipated to ensure that it remains the market leader for coated glass in the years to come providing numerous opportunities for players involved in the market to grow and maximize their share in the worldwide market.

Active Key Players in the Coated Glass Market

• AGC Inc. (Japan)
• Central Glass Co. Ltd. (Japan)
• CEVITAL GROUP (Algeria)
• China Glass Holding, Ltd. (China)
• Euroglas (Germany)
• Fuyao Glass Industry Group Co., Ltd. (China)
• Guardian Industries (United States)
• Nippon Sheet Glass Co., Ltd. (Japan)
• Saint-Gobain (France)
• SCHOTT AG (Germany)
• Other key Players

Key Industry Developments in the Coated Glass Market:

• In November 2023, Nippon Sheet Glass Co., Ltd. announced a new production line for solar glass in Malaysia as it started operations. Existing production line was converted into a TCO glass (transparent conductive oxide) production line. The coated solar glass is a part of company’s strategy to shift towards renewable energy and solve global environmental issues.
• In January 2023, Guardian Glass, a prominent manufacturer of coated and fabricated glass, has announced the signature of an agreement to acquire Vortex Glass. In order to meet the increasing demand for coated glass in the United States, Guardian Glass will acquire the fabrication business assets of Vortex Glass in California, Miami, and Florida, and will subsequently expand its operations.

Chapter 1: Introduction
 1.1 Scope and Coverage

Chapter 2:Executive Summary

Chapter 3: Market Landscape
 3.1 Market Dynamics
  3.1.1 Drivers
  3.1.2 Restraints
  3.1.3 Opportunities
  3.1.4 Challenges
 3.2 Market Trend Analysis
 3.3 PESTLE Analysis
 3.4 Porter's Five Forces Analysis
 3.5 Industry Value Chain Analysis
 3.6 Ecosystem
 3.7 Regulatory Landscape
 3.8 Price Trend Analysis
 3.9 Patent Analysis
 3.10 Technology Evolution
 3.11 Investment Pockets
 3.12 Import-Export Analysis

Chapter 4: Coated Glass Market by Coating
 4.1 Coated Glass Market Snapshot and Growth Engine
 4.2 Coated Glass Market Overview
 4.3 Hard
  4.3.1 Introduction and Market Overview
  4.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.3.3 Key Market Trends, Growth Factors and Opportunities
  4.3.4 Hard: Geographic Segmentation Analysis
 4.4 Soft
  4.4.1 Introduction and Market Overview
  4.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.4.3 Key Market Trends, Growth Factors and Opportunities
  4.4.4 Soft: Geographic Segmentation Analysis

Chapter 5: Coated Glass Market by Application
 5.1 Coated Glass Market Snapshot and Growth Engine
 5.2 Coated Glass Market Overview
 5.3 Architectural
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Architectural: Geographic Segmentation Analysis
 5.4 Automotive
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Automotive: Geographic Segmentation Analysis
 5.5 Optical
  5.5.1 Introduction and Market Overview
  5.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.5.3 Key Market Trends, Growth Factors and Opportunities
  5.5.4 Optical: Geographic Segmentation Analysis

Chapter 6: Company Profiles and Competitive Analysis
 6.1 Competitive Landscape
  6.1.1 Competitive Benchmarking
  6.1.2 Coated Glass Market Share by Manufacturer (2023)
  6.1.3 Industry BCG Matrix
  6.1.4 Heat Map Analysis
  6.1.5 Mergers and Acquisitions
  
 6.2 AGC INC (JAPAN)
  6.2.1 Company Overview
  6.2.2 Key Executives
  6.2.3 Company Snapshot
  6.2.4 Role of the Company in the Market
  6.2.5 Sustainability and Social Responsibility
  6.2.6 Operating Business Segments
  6.2.7 Product Portfolio
  6.2.8 Business Performance
  6.2.9 Key Strategic Moves and Recent Developments
  6.2.10 SWOT Analysis
 6.3 CENTRAL GLASS CO LTD (JAPAN)
 6.4 CEVITAL GROUP (ALGERIA)
 6.5 CHINA GLASS HOLDING LTD (CHINA)
 6.6 EUROGLAS (GERMANY)
 6.7 FUYAO GLASS INDUSTRY GROUP CO LTD (CHINA)
 6.8 GUARDIAN INDUSTRIES (UNITED STATES)
 6.9 NIPPON SHEET GLASS CO LTD (JAPAN)
 6.10 SAINT-GOBAIN (FRANCE)
 6.11 SCHOTT AG (GERMANY)
 6.12 OTHER ACTIVE KEY PLAYERS

Chapter 7: Global Coated Glass Market By Region
 7.1 Overview
 7.2. North America Coated Glass Market
  7.2.1 Key Market Trends, Growth Factors and Opportunities
  7.2.2 Top Key Companies
  7.2.3 Historic and Forecasted Market Size by Segments
  7.2.4 Historic and Forecasted Market Size By Coating
   7.2.4.1 Hard
   7.2.4.2 Soft
  7.2.5 Historic and Forecasted Market Size By Application
   7.2.5.1 Architectural
   7.2.5.2 Automotive
   7.2.5.3 Optical
  7.2.6 Historic and Forecast Market Size by Country
   7.2.6.1 US
   7.2.6.2 Canada
   7.2.6.3 Mexico
 7.3. Eastern Europe Coated Glass Market
  7.3.1 Key Market Trends, Growth Factors and Opportunities
  7.3.2 Top Key Companies
  7.3.3 Historic and Forecasted Market Size by Segments
  7.3.4 Historic and Forecasted Market Size By Coating
   7.3.4.1 Hard
   7.3.4.2 Soft
  7.3.5 Historic and Forecasted Market Size By Application
   7.3.5.1 Architectural
   7.3.5.2 Automotive
   7.3.5.3 Optical
  7.3.6 Historic and Forecast Market Size by Country
   7.3.6.1 Bulgaria
   7.3.6.2 The Czech Republic
   7.3.6.3 Hungary
   7.3.6.4 Poland
   7.3.6.5 Romania
   7.3.6.6 Rest of Eastern Europe
 7.4. Western Europe Coated Glass Market
  7.4.1 Key Market Trends, Growth Factors and Opportunities
  7.4.2 Top Key Companies
  7.4.3 Historic and Forecasted Market Size by Segments
  7.4.4 Historic and Forecasted Market Size By Coating
   7.4.4.1 Hard
   7.4.4.2 Soft
  7.4.5 Historic and Forecasted Market Size By Application
   7.4.5.1 Architectural
   7.4.5.2 Automotive
   7.4.5.3 Optical
  7.4.6 Historic and Forecast Market Size by Country
   7.4.6.1 Germany
   7.4.6.2 UK
   7.4.6.3 France
   7.4.6.4 Netherlands
   7.4.6.5 Italy
   7.4.6.6 Russia
   7.4.6.7 Spain
   7.4.6.8 Rest of Western Europe
 7.5. Asia Pacific Coated Glass Market
  7.5.1 Key Market Trends, Growth Factors and Opportunities
  7.5.2 Top Key Companies
  7.5.3 Historic and Forecasted Market Size by Segments
  7.5.4 Historic and Forecasted Market Size By Coating
   7.5.4.1 Hard
   7.5.4.2 Soft
  7.5.5 Historic and Forecasted Market Size By Application
   7.5.5.1 Architectural
   7.5.5.2 Automotive
   7.5.5.3 Optical
  7.5.6 Historic and Forecast Market Size by Country
   7.5.6.1 China
   7.5.6.2 India
   7.5.6.3 Japan
   7.5.6.4 South Korea
   7.5.6.5 Malaysia
   7.5.6.6 Thailand
   7.5.6.7 Vietnam
   7.5.6.8 The Philippines
   7.5.6.9 Australia
   7.5.6.10 New Zealand
   7.5.6.11 Rest of APAC
 7.6. Middle East & Africa Coated Glass Market
  7.6.1 Key Market Trends, Growth Factors and Opportunities
  7.6.2 Top Key Companies
  7.6.3 Historic and Forecasted Market Size by Segments
  7.6.4 Historic and Forecasted Market Size By Coating
   7.6.4.1 Hard
   7.6.4.2 Soft
  7.6.5 Historic and Forecasted Market Size By Application
   7.6.5.1 Architectural
   7.6.5.2 Automotive
   7.6.5.3 Optical
  7.6.6 Historic and Forecast Market Size by Country
   7.6.6.1 Turkey
   7.6.6.2 Bahrain
   7.6.6.3 Kuwait
   7.6.6.4 Saudi Arabia
   7.6.6.5 Qatar
   7.6.6.6 UAE
   7.6.6.7 Israel
   7.6.6.8 South Africa
 7.7. South America Coated Glass Market
  7.7.1 Key Market Trends, Growth Factors and Opportunities
  7.7.2 Top Key Companies
  7.7.3 Historic and Forecasted Market Size by Segments
  7.7.4 Historic and Forecasted Market Size By Coating
   7.7.4.1 Hard
   7.7.4.2 Soft
  7.7.5 Historic and Forecasted Market Size By Application
   7.7.5.1 Architectural
   7.7.5.2 Automotive
   7.7.5.3 Optical
  7.7.6 Historic and Forecast Market Size by Country
   7.7.6.1 Brazil
   7.7.6.2 Argentina
   7.7.6.3 Rest of SA

Chapter 8 Analyst Viewpoint and Conclusion
8.1 Recommendations and Concluding Analysis
8.2 Potential Market Strategies

Chapter 9 Research Methodology
9.1 Research Process
9.2 Primary Research
9.3 Secondary Research