Coated glass is defined as a glass which is covered with anouter layer, film, etc. having a coating of a mineral, especially China clay toprovide a very smooth surface to the glass. Coatings on glasses are done tocontrol the exposure of the glass surface to vapors, which bind to the glassforming a permanent coating. Additionally, coatings improves reflection,transmission & absorption properties and provides scratch & corrosiveresistance. Coating is an integral part of glass manufacturing. Consequently,coated glass has experiences increasing demand from the entire automobilemanufacturing processes. Coated glass is popular in commercial glazing as itprovides superior solar control performance than clear or tinted glassproducts; therefore, it improves the energy efficiency of the building. The coatedglass market is expanding significantly, owing to the rapid adoption ofcoated glass among different end-use applications.
Factorssuch as rapid urbanization, demand for affordable housing, rise in population,and development of the services sector such as IT & ITES, fuel the coatedglass market. Moreover, increase in demand for decorative glass with digitalprints and adoption of green building techniques and energy efficienttechnologies are driving the market. Demand from the seals and protectivecoatings market, owing to its sealing and scratch resistance properties, is oneof the major drivers of the coated glass market. Rise in the adoption ofrenewable energy resources in emerging economies, has impelled the demand forcoated glass, due to its properties such as efficient and optimum conductivityof heat and light makes it ideal for using into solar cells.
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Coatedglass reflect unwanted UV and IR radiation, making them desirable forautomotive applications where reduction in heat loads is critical, thuspropelling the demand for coated glass from the automotive industry. However,problems associated with the coating such as damages on the coated glassproducts when exposed to air limits the product life, thereby restraining thecoated glass market. Moreover, large energy expenditures, significant wasteswhich are resulting in environmental concerns and high costs of manufacturingdue to their complex structures are some major factors which are hindering thegrowth of coated glass market.
On thebasis of function, the coated glass market is classified into safety &security, solar control, optics & lightening, and others (insulation andpackaging). In terms of production process, the coated glass market issegmented into pyrolytic or hard-coat and magnetron sputter vacuum depositionor soft-coat. Based on product type, the market is divided into low-E glass andheat reflective. In terms of applications, the market is segmented intoarchitectural, electronics, automotive, optical, aerospace & defense, andsports & leisure.
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Based ongeography, the coated glass market is segmented into North America, LatinAmerica, Asia Pacific, Europe, and Middle East & Africa. Asia Pacific isexpected to dominate the coated glass market during the forecasted periodfollowed by North America, which is one of the fastest expanding markets.
Keyplayers operating in the coated glass market are AGC Solar, Nippon Sheet GlassCompany Ltd., Xinyi Solar Holdings Ltd., Sisecam Flat Glass, Borosil GlassWorks Ltd, Hecker Glastechnik GmbH & Co.KG, Guardian Industries, and SaintGobain.
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