Global Glass Coatings Market to Reach $11.5 Billion by 2030
The global market for Glass Coatings estimated at US$3.3 Billion in the year 2023, is expected to reach US$11.5 Billion by 2030, growing at a CAGR of 19.5% over the analysis period 2023-2030. Sol-Gel Coating, one of the segments analyzed in the report, is expected to record a 21.3% CAGR and reach US$5.1 Billion by the end of the analysis period. Growth in the Pyrolytic Coating segment is estimated at 19.3% CAGR for the next 7-year period.
The U.S. Market is Estimated at $1 Billion, While China is Forecast to Grow at 19% CAGR
The Glass Coatings market in the U.S. is estimated at US$1 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$2 Billion by the year 2030 trailing a CAGR of 19% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 17.4% and 16.1% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 13.1% CAGR.
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