Mirrorand Anti-corrosive Mirror Coatings Market: Introduction
TransparencyMarket Research delivers key insights on the global mirror andanti-corrosive mirror coatings market. In terms of revenue, theglobal mirror and anti-corrosive mirror coatings market is estimated to expandat a CAGR of 6.1% duringthe forecast period, owing to numerous factors, regarding which TMR offersthorough insights and forecasts in its report on the global mirror andanti-corrosive mirror coatings market. The global mirror and anti-corrosivemirror coatings market is broadly affected by several factors includingincrease in usage of mirror and anti-corrosive mirror coatings in variousapplications including architectural, automotive & transportation, solarpower, and decorative.
The rise inthe global demand for polyurethane anti-corrosive mirror coating and epoxyanti-corrosive mirror coatings has led to significant growth in usage of mirrorand anti-corrosive mirror coatings. The increase in the production and demandfor acrylic anti-corrosive mirror coatings is expected to be the primary driverof the global mirror and anti-corrosive mirror coatings market. The growth inarchitectural, automotive & transportation, and decorative applications isalso propelling the demand for mirror and anti-corrosive mirror coatings.
Mirror and Anti-corrosive MirrorCoatings Market: Dynamics
Mirrorcoatings are mirror-backing paints used in silver and aluminum mirrors foroptical reflection. These coatings preserve the quality of overall finishedproducts in terms of durability, color, and texture. Metal plating is one ofthe widely used methods of mirror coating. The procedure of application ofreflective layer in second surface mirrors is called silvering. In secondsurface mirrors, the metal plating is done on the back surface of thesubstrates. After metal coating, the layer of protective coating is applied; asa result, second surface mirrors are secured from both the sides.
Request Sample
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=82875
Mirrorcoatings offer protection against abrasion, scratching, rusting, chemicalcorrosion, etc.
Based onresin type, the polyurethane segment dominated the global mirror andanti-corrosive mirror coatings market in 2020. This can beprimarily ascribed to the increase in demand for mirror and anti-corrosivemirror coatings in various applications including architectural, automotive& transportation, solar power, decorative and others. The global architecturalsector is expected to expand considerably during the forecast period. Thus,rise in production of architectural, automotive & transportation,decorative and others is projected to boost the demand for mirror andanti-corrosive mirror coatings during the forecast period.
Manufacturersare focusing on the architectural applications, as the share held by thissegment in the mirror and anti-corrosive mirror coatings market is likely toincrease during the forecast period.
More Trending Reports
Mirror and Anti-corrosive MirrorCoatings Market: Prominent Regions
AsiaPacific holds the major share of the global mirror and anti-corrosive mirrorcoatings market. The market in the region is anticipated to expand at a CAGR ofmore than 6.6% during the forecast period.Increase in demand for mirror and anti-corrosive mirror coatings in variousapplications such as architectural and automotive & transportation isdriving the mirror and anti-corrosive mirror coatings market in Asia Pacific.China is a key country of the mirror and anti-corrosive mirror coatings marketin Asia Pacific. It held significant share of the mirror and anti-corrosivemirror coatings market in Asia Pacific in 2020. The countryis estimated to maintain its dominant position in the region during theforecast period.
Europe isalso a prominent region of the global mirror and anti-corrosive mirror coatingsmarket. Germany led the mirror and anti-corrosive mirror coatings market inEurope in 2020. Increase in demand for mirrorand anti-corrosive mirror coatings in architectural and decorative applicationsis driving the market in Germany.
Mirror and Anti-corrosive MirrorCoatings Market: Major Players
The globalmirror and anti-corrosive mirror coatings market is consolidated, with thepresence of key players. Prominent players operating in the global mirror andanti-corrosive mirror coatings market include Asahi India Glass Limited, SuyogGlass Industries, PGP Glass Private Limited, Saint-Gobain, JB Glass,Pilkington, SCHOTT AG, Vitro, AGC Inc., Tuffx Glass, TPRS, FENZI S.p.A.,Thorlabs Inc., JENOPTIK, Dynasil Corporation, Tianjin Xin Lihua Color MaterialsCo., Ltd, The Sherwin-Williams Company, Newport Thin Film Laboratory, Inc., andAccuCoat inc.
