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Mirror Coatings Market worth 892.0 Million USD by 2022


(EnergyIndustry.Net, July 14, 2020 ) The report "Mirror Coatings Market by Resin Type (Polyurethane, Epoxy, Acrylic), Technology (Solvent and Water-Based, Nano Coatings), Substrate (Silver, Aluminium), Application (Architectural, Automotive & Transportation, Decorative, Solar Power)-Global Forecast to 2022 " The mirror coatings market is estimated to be USD 618.4 Million in 2017 and is projected to grow at a CAGR of 7.60% between 2017 and 2022 to reach USD 892.0 Million by 2022, in terms of value. The market includes mirror backing paints used in silver and aluminum mirrors. Mirror coatings are protective coatings used against abrasion, chemical corrosion, scratching, rusting, and others for mirror coatings products. Various applications of mirror coatings include architectural, automotive & transportation, decorative solar power, and others.

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Based on resin type, the polyurethane segment led the mirror coatings market in 2016 and is expected to grow at the highest CAGR during the forecast period

Polyurethane resins are made from reacting polyalcohol and organic di-isocyanate. Polyurethane resin-based coatings are easy to clean, highly durable, and are tough. Polyurethane resin coatings are preferred in various applications worldwide, owing to these properties. Polyurethane resin-based coatings are also used across various applications, such as architectural, CSP solar panels decorative mirror, and others. Polyurethane resins are used as topcoats in mirror coatings which are usually applied over the primer to attain a long-term protective coating.

Based on technology, the nano coatings segment of the mirror coatings market is expected to grow at the highest CAGR during the forecast period

The nano coatings segment is projected to witness high growth in the next five years. The growing CSP solar power industry is expected to boost the nano coatings segment during the forecast period. Nano coatings protect substrates from corrosion, rusting, and microbial attack. These coatings are dirt or water repellent, scratchproof, temperature-resistant, and emit low VOC emissions.

Don't miss out on business opportunities in Refinery Catalysts Market. Speak to Our Analyst and gain crucial industry insights that will help your business grow.

Browse in-depth TOC on "Mirror Coatings Market”
91 – Market Data Tables
3- Figures
150 - Pages

The mirror coatings market in Asia Pacific is projected to grow at the highest CAGR during the forecast period

The mirror coatings market in Asia Pacific is expected to grow at the highest CAGR during the forecast period, due to the rising demand for mirror coatings from emerging economies, such as India, China, South Korea, Vietnam, Taiwan, and Singapore in this region. China is the leading market for mirror coatings in APAC. The growth of various applications, such as architectural, automotive & transportation, and CSP solar power is driving the mirror coatings market in China.

Arkema (France), Fenzi (Italy), Ferro Corporation (US), Sherwin-Williams Company (US), Vitro Architectural Glass (Mexico), Sunguard (Guardian Glass) (US), Diamon-Fusion International (US), Pearl Nano (US) Mader (France), Tianjin Xin Lihua Color Materials (China), High Ding Industrial (Grincoat) (Taiwan), and Casix (China) are some of the key players operating in the mirror coatings market.

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About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.


Mr. Aashish Mehra


Source: EmailWire.Com

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