Global Mirror Coatings Market Size to Reach USD 27.25 Billion in 2030
Increasing demand for smart coatings in construction industry and rising demand for longer durability than traditional coatings are some key factors driving market revenue growth
Reports and Data has recently published a novel research report on global Mirror Coatings Market covering current market scenario and market developments between 2018 and 2030. The report offers in-depth analysis of historical and latest market trends along with revenue growth, market size, drivers, restraints, limitations and opportunities. The report is well curated using statistical methods such as SWOT analysis and Porter’s Five Force and presented using tables, graphs, charts, figures and other pictorial representations to help user understand the market dynamics. The data is collected using extensive primary and secondary research which is evaluated by experts and professionals in the industry.
Increasing application of smart coatings for architectural and decorative purposes is expected to boost revenue growth of the market. Smart coatings are used on a variety of surfaces throughout houses, including tabletops, glass panels, photo frames, electronic devices, and lighting fixtures, among others. Smart nanotechnology coating on surfaces can improve handling, durability, and oxidation resistance without affecting performance. Additionally, smart coatings can be designed to enhance reflectance of a glass surface at a specific wavelength of light. Reflective properties of smart coatings can help make the surface a good choice for a variety of aesthetic applications. These factors are expected to boost revenue growth of the global Mirror Coatings Market during the forecast period.
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Some Key Highlights in the Report
Single-layer segment accounted for largest revenue share in 2020 owing to rising demand for multiple functionalities in electronic devices and equipment.
Self-healing segment revenue is expected to grow at a significantly steady rate over the forecast period. Rising demand for polyurethane smart coatings due to increasing awareness about its long-lasting, easy-to-clean, and self-repairing functionalities is contributing to growth of the segment.
Mirror Coatings Market in Asia-Pacific accounted for largest revenue share in 2020. Large presence of construction and automotive industries using smart coatings in the region is expected to drive revenue growth of the Asia-Pacific market.
Companies profiled in the global market report include BASF SE, The Sherwin-Williams Company, PPG Industries, Inc., Eastman Chemical Company, RPM International, Inc., Axalta Coating Systems, LLC, Jotun A/S, Tesla Nanocoatings, Inc., NEI Corporation, and Helicity Technologies, Inc.
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Market Segmnetation:
Layers Outlook (Revenue, USD Billion; 2019-2030)
- Single-Layer
- Multi-Layer
Function Outlook (Revenue, USD Billion; 2019-2030)
- Anti-Microbial
- Anti-Corrosion
- Anti-Fouling
- Anti-Icing
- Self-Cleaning
- Self-Healing
Sensing Type Outlook (Revenue, USD Billion; 2019-2030)
- pH
- Ionic Strength
- Temperature
- Pressure
- Surface Tension
- Electric or Magnetic Fields
- Light
- Acoustics
- Mechanical Forces
End-Use Outlook (Revenue, USD Billion; 2019-2030)
- Automotive Transportation
- Marine
- Building Construction
- Aerospace Defense
- Electronics
- Medical
- IT Technologies
- Agriculture
- Household
- Others
Regional Outlook:
Key Regional Markets Covered in the Report:
North America (U.S.A., Canada, Mexico)
Europe (Italy, U.K., Germany, France, Rest of Europe)
Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East Africa)
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Key questions covered in the global Mirror Coatings Market report:
- What is the expected market size of the global Mirror Coatings Market during the forecast period?
- What factors are expected to hamper global Mirror Coatings Market growth over the forecast period?
- What key factors are expected to drive global revenue growth between 2021 and 2028?
- Which application segment is expected to dominate other application segments over the forecast period?
- Which region is expected to dominate in terms of revenue during the forecast period?
- What are the key outcomes of Porter’s Five Forces analysis and SWOT analysis?
- Which leading players are operating in the global Mirror Coatings Market?
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