Flat glass coatings have evolved in the last few years with the industry successfully garnering investments from other industries. To understand the future dynamics of this industry it is important to understand the various factors that influence the growth of flat glass coating applications. The method of resin type and technology and application based on the region are factors that also impact the market demand for flat glass coatings.
Both commercial and residential property owners make use of glass coating with an objective to layer soft coat on panels for better performance in terms of comfort, energy saving and solar panels. Flat glass is widely used in applications like Mirror, solar power, beauty and cosmetics, Decorative and so on. Though the rising prices are a hurdle but something that can be easily overcome. Furthermore, there is a need to grow the knowledge base across different dimensions of flat glass coating and affects the expansion of industries.
The flat glass coating is segmented as water-based and solvent-based coatings. The initial coating requires more time to dry and is often sprayed. Meanwhile, the water-based coating is cost effective and preferred in commercial building among the construction sector. This helps business have maximum cost at minimum benefits. The solvent-based glass coating, performs better due to its high quality and is therefore used for automobile and solar power and mirrors. Across various sectors, water based glass coating helps to improve the performance of glass. The quality of coating is depended on the raw material and additives and pigments.
Among the two types water-based glass coatings contribute to the larger market growth of flat glass coating industry due to its wide use in Brushing, Spraying, Dipping, Flowing and Rolling. Most of these methods are equally effective and is selected on the basis of required coating experts. The method of spraying is preferred as it meets various industrial application guidelines.
In terms on consumption the architectural sector is considered as the largest consumer and has overtaken the demands over the years. As per industry predictions the flat glass coatings have taken over the mirror application. This is due to the application in the mirror segment that consumed more than half of the volume. Overall more than 75% of the market value is expected to consume an estimated market of almost 23%.
Across countries are working towards the use of solar power as alternative energy across various environmental conversation policies. This has further caused growth in the demand for solar PV glass and profits for the companies.
Supporting the use of solar power as an energy source converses energy in environment and strategies. This has further grown the demand for solar PV glass that works on coating and has caused additional profits for the flat glass coating companies.
Flat glass is a reliable and commonly preferred by both commercial and residential architectures across the world. For both cold and warm climates these work as an effective temperature controller.