Global Glass Flake Coating Market Trends, Applications, Analysis, Growth, and Forecast: 2017 to 2027

"Global Glass Flake Coating Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2027” is a recent report generated by MarketResearch.biz, which offers in-depth insights, revenue details, and other vital information regarding the global glass flake coating market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global glass flake coating market report has been segmented on the basis of resin type, substrate type, end-use industries, and region.

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Introduction

Glass flake coating consist of resin matrix covered with micron thick glass and properly graded flakes which can join in multiple layers forming a barrier to permeation and extend service life of coating. The laminar arrangement of the glass flakes in coating offers an excellent barrier against outdoor weather conditions. Glass flake coatings holds various properties such as high temperature resistance, high tensile strength, and excellent moisture resistance. These coatings are commonly employed in critical and complex applications. Glass flake coatings have various applications in different end-use industries such as marine, chemical & petrochemical, oil & gas, construction, and others. In addition, glass flake coatings have excellent drying properties even at very low temperature, which makes it suitable in cold stores applications.

Dynamics

Increasing demand for glass flake coating across various end-use industrial verticals such as oil & gas and marine is major factor expected to drive growth of the potential market over the next 10 years. Rising application scope in the chemical & petrochemical industry is another key factor expected to support revenue growth of the potential market over the next few years. In addition, various features and advantages offered by glass flake coating such as high temperature resistance, high tensile strength, and others are other factor expected to boost adoption of these products, which in turn projected to drive growth of the target market over the forecast period. Moreover, glass flake coating find application in different industrial sectors with improved efficiency, which in turn expected to drive growth of the global market in the next few years.

Region Analysis

The Asia Pacific market is expected to account for significant share in terms of revenue in the global glass flake coating market. In addition, Asia Pacific market is also anticipated to register fastest growth in terms of revenue over the next few years, owing to increasing demand from oil & gas and chemical industries in countries in this region. Increasing investments by various public and private manufacturers in Asia Pacific region and rising demand from different application sectors are other factors projected to drive growth of the Asia Pacific market in the next 10 years. The market in China is expected to account for significant share in terms of revenue in the Asia Pacific. In addition, growing awareness regarding various advantages and properties offered by these coating materials among manufacturers in countries in this region are other factors driving growth of the end-use industries, which in turn is expected to fuel growth of the global market in this region.

Global Market Segmentation:

Segmentation by resin type:

• Epoxy
• Vinyl Ester
• Polyester

Segmentation by substrate type:

• Steel
• Concrete

Segmentation by end-use industries:

• Oil & Gas
• Marine
• Chemical & Petrochemical
• Others (power generation and wastewater treatment)

Segmentation by region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

• Akzo Nobel N.V.
• PPG Industries, Inc.
• Jotun AS
• Hempel A/S
• Chugoku Marine Paints, Ltd.
• The Sherwin-Williams Company
• Nippon Paint Holdings Co., Ltd.
• Kansai Paint Co., Ltd.
• RPM International Inc.
• KCC Corporation