Coated Glass Market Research Scope and Assumptions 2030

Coated Glass Industry Overview

The global coated glass market size was valued at USD 32.32 billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 9.3% from 2022 to 2030.

The rising penetration of green buildings and the need to improve energy efficiency and rising awareness associated with it are projected to benefit the market growth over the coming years. Coated glass is used in residential and commercial buildings to keep the inside rooms cool and allow maximum visible light. By reflecting the infrared energy, the temperature inside the building is cooler and therefore it reduces the dependence on air conditioning systems. The product is also used in colder regions, to maintain the warm temperature of the room. In the building & construction industry, coated glass is generally used in the form of insulated glazing units in façades and windows. As a result, the growth of the construction industry in the U.S. is predicted to benefit the market.

Gather more insights about the market drivers, restrains and growth of the Global Coated Glass Market 

U.S. coated glass market, by coating, 2020 - 2030 (USD Billion)

The growth of the U.S. market is likely to be supported by the USD 1.2 trillion Bipartisan Infrastructure Bill in the country, which is projected to drive the put-in-place construction value for transport infrastructure at an average rate of 8.9% from 2020 to 2025. This is anticipated to benefit the expansion of bridges, rails, ports, water transport, telecommunications, broadband, EVs, and energy. The construction industry has recovered well since the beginning of 2021, as the COVID-19 cases have reduced significantly, benefiting the resumption of industrial activities. The residential sector in the U.S. is likely to benefit from low mortgage rates and strong demand for bigger homes. However, lack of skilled labor and rising costs for building materials remain short-term challenges for market players.

Jumbo-coated architectural glass is the major trend in the U.S. market. As a result, companies are establishing jumbo coaters to serve their demand. For instance, in 2021, Guardian Glass started production of super jumbo coated glass with the dimension of 130” x 240”. The production has started at the company’s Carleton, Michigan facility.

Browse through Grand View Research’s Advanced Interior Materials Industry Research Reports.

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Market Share Insights

  • September 2021: Guardian Glass started production of super jumbo coated glass with the dimension of 130” x 240”

Key Companies profiled:

Some of the prominent players in the global coated glass market:

  • China Glass Holding, Ltd.
  • AGC Inc.
  • Euroglas
  • Guardian Industries
  • Central Glass Co. Ltd.
  • Fuyao Glass Industry Group Co., Ltd.
  • CEVITAL GROUP

Order a free sample PDF of the Coated Glass Market Intelligence Study, published by Grand View Research.

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