Mirror Coatings Global Market Research Reports – Analysis and Forecast To 2027, Arkema Group.

by Industry No1 Premier Industry Insights and market intelligence
The global mirror coatings market is registering significant growth in the market, owing to the increasing use of mirrors in various end-user industries and applications, as mirrors have become an integral part of various applications such as automotive, transportation, housing, and others.

The perceived intensity of the coating on the mirror is dependent on the basic tint of the lens. 

Mirror coatings are used to create effects on spectacle lenses ranging from a light shimmer to a total mirror coating. These coatings are created by vacuum deposition of the interference layer and can be obtained by constructive interference.

The mirror coatings market is segmented into polyurethane, epoxy, acrylic, and others. Among all these, the polyurethane type category is expected to register the highest CAGR in the coming years, owing to its property of providing extreme durability. 

This can be attributed to the growing preference for advanced materials in the solar power industry, which is pushing the manufacturers to invest in the technology for more innovative solutions, resulting in market growth.

The mirror coatings market is classified into solvent-based coating, water-based coating, nano-coating, and others. Of all these, nanocoatings are predicted to witness the fastest growth in the market during the forecast period.  

Increasing demand for these coatings in the solar power industry is the major factor that is driving the mirror coatings market growth in recent years.

The demands for mirrors are increasing significantly in the construction industry, owing to the increasing demand for more decorative buildings. Hence the increasing demand for mirrors is driving the coatings demand, contributing towards the market growth.

Asia-Pacific is projected to register the highest growth in the global market, which can be attributed to the growing and expanding construction industry in the region, owing to meet the demand of the increasing population. 

Arkema Group, The Sherwin-Williams Company, Vitro, S.A.B. De C.V., Fenzi, Ferro, Tianjin Xin Lihua Color Materials Co., Ltd., Casix, Vitro, S.A.B. De C.V., Pearl Coating, and Mader Group

Source: VynZ Research

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Created on Sep 8th 2021 05:20. Viewed 104 times.


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