Coated Flat Glass: Technologies and Global Markets

Date: 20 June 2014

Coated flat glass industry has witnessed significant growth in the global market since the last five years.

This BCC Research report provides an up-to-date and in-depth study of recent developments and trends in the global coated flat glass market. It also records the projected impact of internal and external forces affecting the global coated flat glass industry, and thereafter, through 2019 with five-year CAGR projections from 2014 to 2019.Detailed profiles of major companies are also highlighted in this report.

Use this report to:

-Identify the largest segments of l the coated flat glass global market, which are low-E glass, which reflects heat back into a room in order to maintain warmth and lower heating costs; and solar control glass, which reflects heat from the sun away from a window in order to reduce cooling costs.

- Examine coating technologies, such as chemical vapor deposition, magnetron sputtering, as well as other processes, such as plasma vapor deposition and wet processes.

- Gain information about the projected impact of both internal and external forces that are affecting the global coated flat glass industry today and that will affect the industry for the next several years.

Highlights

- BCC Research projects that the global market for coated flat glass will grow from nearly $21.2 billion in 2013 to nearly $22.4 billion by 2014 and $29.2 billion by 2019 at a five-year compound annual growth rate (CAGR) of 5.5%, from 2014 through 2019.

- Europe accounts for the largest market for coated flat glass in 2013, recording nearly $10.0 billion of the total market. The market in Europe is expected to grow at a five-year CAGR (2014 to 2019) of 5.7%, accounting for $13.9 billion by 2019.

- BCC Research estimates that the North American market will account for $5.5 billion in 2014 and $7.3 billion of the overall market by 2019, increasing at a five-year CAGR (2014 to 2019) of 5.7%.

INTRODUCTION

The global market for coated flat glass has been growing at a significant rate in pace with the flat glass industry for the past five years. The global economic downturns have affected many end-user industries of coated flat glass, including construction, automotive and solar glass industries, which in turn affected the coated flat glass market to a considerable extent. In addition, advancements in glass coating technologies have resulted in the reduction of global energy consumption, mainly from the construction and the automotive sectors, as architects and designers attempt to achieve zero-energy buildings and reduce CO2 emissions.

To assess the market, flat glass coatings are broadly divided into four types based on the coating technologies: pyrolytic coatings; magnetron sputtering coatings; sol-gel coatings and other coatings, which include self-cleaning nanotechnology coatings; and other technologies, which account for a very small market share. Pyrolytic glass coatings are mostly used in the residential buildings and commercial buildings. In addition, they are used in automotive applications and solar glass applications to some extent. Magnetron sputtering coatings are mostly used in commercial and residential buildings, due to their high performance, and sol-gel coatings are mostly used in the solar glass applications.

Glass coating is mainly used to save energy and reduce the carbon emissions and in addition to that the other features are solar protection, self-cleaning, corrosion resistance and special transmission/reflection properties. Coating technology is used to produce a variety of products like low-E glass, solar control glass, anti-reflective glass, hydrophobic, self-cleaning glass and other products.

Coated flat glass is mainly in the construction industry, which accounts for more than 92.8% of the total coated flat glass market globally and to a lesser extent in automotive original equipment manufacturer, solar energy and other pplications. The construction building sector includes both residential and commercial buildings, which is further divided into new and refurbish segments for the assessment of the coated flat glass market in the construction industry.

They are used to minimize heat loss or heat gain and reduce light transmission and increase light reflectance, which can significantly affect the overall heating, lighting and cooling costs of a building.

Globally, the demand for coated flat glass is driven by the increasing demand for their application in the construction industry coupled with the global economic recovery. In addition, legislations and regulations focusing on reduction of CO2 emissions and energy saving are contributing toward growth in the coated flat glass market. In the long-term, solar energy market is expected to drive the market for coated flat glass, with increasing demand for renewable energy production.

The global market for coated flat glass is growing, primarily driven by the developed markets, mainly Europe and North America due to the compulsory regulations. In addition, the upgrading of the existing buildings in these regions offers a huge opportunity for the coated flat glass market, mainly for low-E glass, which has insulating and solar control properties to increase the energy efficiency. However, in the longer-term, the developing countries, including China, Brazil, India and others, will create many opportunities for the coated flat glass market. NSG Group, AGC, Saint-Gobain and Guardian are the major global manufacturers of coated flat glass. This report also highlights the vendor landscape with a focus on major companies with profiles in detail.

STUDY GOALS AND OBJECTIVES

The goal of this report is to provide an up-to-date analysis of recent developments and current trends in the global coated flat glass market. Identifying significant drivers of revenue growth in specific categories for coated flat glass is an additional aim. The objective of this kind of systematic research is to quantify the projected impact of both internal and external forces that are affecting the global coated flat glass industry today and that will affect the industry for the next several years.

REASONS FOR DOING THE STUDY

With the recovery of the global economy, construction activities have geared up globally, including in North America and Japan, which has increased the demand for coated flat glass. In addition, with the recovery of the global economy, vehicle sales activities have geared up globally, including in the North American countries, which have increased the demand for new vehicles due to stalled demand because of the recession, resulting in increased demand for the automotive coated flat glass market.

Increasing raw material prices and stricter environmental regulations on CO2 emission levels in the production of coated flat glass have forced companies to develop coatings with advanced technologies and comply with the latest and future environmental regulations. Pressure is increasing in the Asia-Pacific region and other developing regions for environmental-friendly coated flat glass to reduce energy consumption and reduce CO2 emissions worldwide. This creates a huge market growth opportunity for the coated flat glass players in the emerging markets and developed markets to expand their growth.

SCOPE OF REPORT

The scope of this report is broad and covers coated flat glass, different types of coating technologies and its applications. The market is broken down by coating technologies, applications and regional market. Revenue forecasts from 2014 to 2019 are given for each major type of technology, application and regional market.

The report also includes a discussion of the major players across each of the regional markets for coated flat glass; it explains the major market drivers of the global coated flat glass industry, current trends within the industry and major applications, challenges and the regional dynamics of the global coated flat glass market.

The report concludes with a special focus on the vendor landscape, which covers the detailed profiles of the major vendors in the coated flat glass industry globally and the market share of the major players by region.

INTENDED AUDIENCE

This report is intended especially for manufacturers, suppliers, end users and others with a vital interest in flat glass coatings and applications. In addition, because of this report’s business focus, it will be useful to sales executives and business managers as an up-to-date guide that includes challenges, drivers and trends that are expected to be significant factors in the current and future markets.

INFORMATION SOURCES

The findings and conclusions of this report are based on information gathered from both primary and secondary research sources. The primary sources of information were Internet searches, industry association data and interviews conducted with coated flat glass and flat glass manufacturing companies and distributors. In addition, other secondary sources were consulted for the report, including industry journals and publications, product literature, white papers and technical journals, and financial reports for industry suppliers.

The base year for analysis and projection is 2013. With 2013 as a baseline, market projections were developed for 2014 to 2019. These projections are based on a combination of a consensus among the primary contacts combined with our understanding of the key market drivers, and their impact of historical and analytical perspectives. The analytical methodologies used to generate the market estimates are described in detail in the market analysis. All dollar projections presented in this report are in 2013 constant dollars.