Coated Glass Market Report 2025

The coated glass market size has grown strongly in recent years. It will grow from $34.32 billion in 2024 to $37.17 billion in 2025 at a compound annual growth rate (CAGR) of 8.3%. The growth in the historic period can be attributed to architectural advancements, automotive industry growth, energy efficiency requirements, consumer demand for UV protection, increased focus on safety.

The coated glass market size is expected to see strong growth in the next few years. It will grow to $53.55 billion in 2029 at a compound annual growth rate (CAGR) of 9.6%. The growth in the forecast period can be attributed to rise in consumer awareness, smart glass innovations, green building trends, electronics and display market, advancements in nanotechnology. Major trends in the forecast period include augmented reality (AR) application, integration with IoT device, thin-film coating technologies, dynamic light control, anti-reflective coatings.

The increasing number of construction activities is expected to drive the growth of the coated glass market in the future. Construction activities involve determining the necessary stages to create a structure and implementing innovative techniques, materials, and technologies in building construction, infrastructure, and other projects. Coated glass is utilized in these activities for its durability, scratch resistance, and ability to repel water, dirt, ice, and snow. Additionally, it offers UV protection, corrosion resistance, and self-cleaning properties. For instance, in November 2023, the Office for National Statistics, a UK-based government department, reported that the value of new construction work in current prices in Great Britain increased by 15.8% in 2022, reaching a record high of $173.51 billion (£132,989 million). This growth was driven by contributions from both the private sector, which added $18.38 billion (£14,093 million), and the public sector, which contributed $5.3 billion (£4,068 million). During Quarter 3 (July to September) of 2022, there were 374,332 Value Added Tax (VAT) and Pay As You Earn (PAYE) registered construction firms operating in the industry across Great Britain, marking a 5.9% increase compared to 2021. Thus, the rise in construction activities is fueling the growth of the coated glass market.

The rapid pace of industrialization is expected to further propel the coated glass market's growth. Industrialization involves the transformation of an economy or society from agrarian and craft-based activities to a more industrial and manufacturing-based structure. Coated glass finds diverse applications in industrial settings, contributing to energy efficiency, safety, and aesthetic enhancements in both architectural and manufacturing processes. The use of coated glass enhances building insulation, reduces glare, and provides additional protective features, aligning with sustainable and advanced industrial practices. Eurostat reported a 0.5% increase in industrial production in the euro area and a 0.4% increase in the EU in June 2023 compared to May 2023, underscoring the momentum of industrialization. This trend in rapid industrialization is anticipated to be a significant driver for the growth of the coated glass market.

A predominant trend in the coated glass market is the focus on product innovation, with companies actively adopting new technologies to maintain their market positions. An illustrative example is Guardian Industries, a US-based manufacturer of glass and building materials, which introduced two innovative products, SunGuard SNR 35 and SunGuard SNR 50, in March 2022. These coated glass products offer exceptional low solar heat gain, a neutral silver look, and superb neutral reflection, providing architects with versatile options to achieve specific styles and bring their designs to life. SNR 50, with a 48% visible light transmission and a solar heat gain coefficient of 0.25, strikes a balance between medium reflectivity and a neutral aesthetic. On the other hand, SNR 35 features a clean, shiny appearance with a lower solar heat gain coefficient of 0.17, offering even greater energy savings. Both products can be combined with various substrates, including UltraClear low-iron glass, and are available in different thicknesses, providing architects with flexibility in design.

Major companies in the coated glass market are concentrating on the development of technology-driven solutions such as transparent glass coating to contribute to the sustainability of buildings. Transparent glass coating involves the application of a thin layer or film to glass surfaces, enhancing properties, appearance, or functionality while maintaining transparency. In July 2023, Heat Cure Glass Coating, an India-based manufacturing company, launched heat cure glass coating products with nanotechnology-based transparent liquid coating. This coating provides protection from heat and harmful rays, contributing to maintaining a comfortable internal temperature in buildings. Notably, the coating is reported to have a shelf life of up to 12 years without maintenance and offers over 76% visible light transmission over 3mm glass. This emphasis on technology-driven solutions aligns with the industry's commitment to sustainable building practices in the coated glass market.

In March 2023, LX International Corporation, a South Korea-based company specializing in commodity trading and mining, completed the acquisition of Hankuk Glass Industries Inc. The financial details of this acquisition were not disclosed. With this strategic move, LX International has fortified its revenue base and expanded its business portfolio. The acquisition serves LX International's objective of diversifying its operations by venturing into additional material industries. Hankuk Glass Industries Inc., based in South Korea, primarily engages in the manufacturing and sale of glass plates, coated glass, and glazed glass. These products find predominant use in building and residential windows.

Major companies operating in the coated glass market include AGC Inc., Central Glass Co Ltd., Cardinal Glass Industries Inc., China Glass Holdings Limited, Euroglas GmbH, Fuyao Glass Industry Group Co Ltd., Guardian Industries Corporation, Saint-Gobain SA, Schott AG, Sisecam Group, Taiwan Glass Group, Vitro Architectural Glass, Xinyi Glass Holdings Co Ltd., Interfloat Corporation, PPG Industries Ltd., Arkema SA, Nippon Sheet Glass Co Ltd., Vitro Architectural Glass, CSG Holding Co. Ltd., Corning Inc., North Glass Technology Co Ltd., Gold Plus Glass Industry Limited, Asahi India Glass Ltd, Borosil Glass Work Ltd., Safelite AutoGlass, Specialty Glass Products Inc., Ellsworth Adhesives, Hecker Glastechnik GmbH, Shanghai North Glass Technology Industrial Co Ltd., Aremco Products Inc.

Asia-Pacific was the largest region in the coated glass market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the coated glass market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the coated glass market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Coated glass refers to glass surfaces treated with one or more layers of metal, metal oxide, or alternative materials, or having undergone a process where metal ions are deposited onto it. These coatings are employed to ensure durability, robust defense, resistance against scratches, and protection from water, dirt, ice, and snow. Moreover, they provide additional benefits such as self-cleaning capabilities, resistance to corrosion, and solar protection.

The primary types of coated glass coatings include online coatings, offline coatings, dielectric coatings, dichroic coatings, and mirror silvering. Online coatings involve the application of a tin-based chemical solution or powder onto hot glass during the float glass production process, resulting in a single-layer composite coating with a greyish appearance. Coated glass types include low e-glass and heat-reflective glass, each serving various functions such as enhancing safety and security, controlling solar heat, improving optics, achieving fire-rated properties, among others. These types of glass find diverse applications in industries such as automotive, aerospace and defense, optical technology, electronics, architecture, and other sectors due to their multifunctional properties and suitability for various purposes.

The coated glass market research report is one of a series of new reports that provides coated glass market statistics, including coated glass industry global market size, regional shares, competitors with a coated glass market share, detailed coated glass market segments, market trends and opportunities, and any further data you may need to thrive in the coated glass industry. This coated glass market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The coated glass market consists of sales of self-coating glass, insulation glass coatings, and building glass coatings. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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