The global demand for Glass Flake Coatings Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period 2022 - 2028.
Glass flake coatings are made of renewable materials such as plasticizers, resins and nylon rubber, which require less energy during manufacturing. Glass flake coatings are used widely in maritime, oil and gas, chemical and petrochemical, and construction industries. Glass flake coatings reduce moisture vapour diffusion and gas through the coating and paint. These coatings also have anti-abrasion and anti-corrosion properties and offer resistance to moisture, gas, oil, chemicals, and many solvents.
The glass flake coatings coat the steel used in the construction of large and medium ships, storage tanks, offshore and onshore platforms, and pipelines, which is the main reason for its high demand in the current scenario. Moreover, the rising demand for advanced and high-efficiency coatings and the need to improve the performance and longevity of equipment and devices are fueling the market growth. Furthermore, the growing scope of the chemical & petrochemical industry is another key factor expected to support revenue growth. In addition, glass flake coating's various features and advantages, such as high-temperature resistance and high tensile strength, are expected to boost the implementation of these products, which are projected to drive market growth. However, continuous fluctuation in the price of glass flake coatings may hamper market growth.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of glass flake coatings. The growth and trends of glass flake coatings industry provide a holistic approach to this study.
This section of the glass flake coatings market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Substrate Type
By End-Use Industry
- Vinyl Ester
- Oil & Gas
- Chemical & Petrochemical
This section covers the regional outlook, which accentuates current and future demand for the Glass Flake Coatings market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Glass Flake Coatings Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the glass flake coatings market include Akzo Nobel (Netherlands), PPG Industries (US), Jotun (Norway), Hempel (Denmark), Chugoku Marine (Japan), The Sherwin-Williams Company (US), KCC Corporation (South Korea), Nippon Paint (Japan), Kansai Paint (Japan), and RPM International (US). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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