July 28, 2014
Wellesley, Mass., July 28, 2014 –BCC Research reveals in its new report, COATED FLAT GLASS: TECHNOLOGIES AND GLOBAL MARKETS, the global market for coated flat glass is expected to reach nearly $29.2 billion by 2019, registering a five-year compound annual growth rate (CAGR) of 5.5% from 2014 through 2019. Maximum growth is estimated to be recorded in the detergent enzyme segment with a CAGR of 11.3% during the forecast period.
The increasing demand for coated flat glass is mainly due to their application in the construction industry coupled with the global economic recovery. Commercial and residential buildings account for more than 92% of the global coated flat glass market. Europe and North America account for the largest markets growing at a CAGR of 5.7%. 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
“The global economic recovery and developing construction activities across the globe, rising personal income, increasing vehicle sales and growing demand for solar glass are driving the coated flat glass market,” says BCC Research analyst, Aneesh Kumar. “In the longer term, developing countries, including China, Brazil, India and others, will create many opportunities for the coated flat glass market.”
COATED FLAT GLASS: TECHNOLOGIES AND GLOBAL MARKETS provides an up-to-date analysis of recent developments and current trends in the global coated flat glass market. It identifies significant drivers of revenue growth in specific categories for coated flat glass. This report quantifies the projected impact of both internal and external forces that are affecting the global coated flat glass industry today and the industry for the next several years. Revenue forecasts from 2014 to 2019 are given for each major type of technology, application and regional market.
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Coated Flat Glass: Technologies and Global Markets( AVM100A )
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