Check with seller Worldwide Mirror Coatings Market Research Report Forecast to 2028

Published date: April 15, 2021
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MARKET OUTLOOK

According to report, the Global Mirror Coatings Market is expected to display a positive market trend during the projected duration of 2021-2028, while exhibiting a CAGR of 6.87%.

Glasses and mirrors are used extensively in residential and commercial constructions, for a range of applications. Therefore, there is a huge demand for mirror coatings from the construction industry. This is one of the primary factors driving the market growth. Further, there has been a rise in solar power projects in recent years, which is also contributing to market growth. In addition, there is a growing demand for heavy construction materials, which benefits market growth. However, factors like drawbacks associated with epoxy coatings and stringent regulations by the government are challenging the market growth process.

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REGIONAL OUTLOOK

The global market for mirror coatings is segmented into the Asia-Pacific, Europe, North America, Latin America, and the Middle East and Africa.

The Asia-Pacific market is expected to show the fastest growth rate globally in the years to come. This is because, Southeast Asian countries, such as Thailand, the Philippines, Hong Kong, Indonesia, Japan, Singapore, China, and South Korea, are major hubs for ship construction and repair. In addition, the easy availability of viable anti-corrosion solutions, low cost of labor, and strong regional shipping traffic help in boosting the maritime contribution of the APAC region to the coating industry. All these factors are driving the Asia-Pacific mirror coatings market towards growth.

COMPETITIVE OUTLOOK

The companies that have been mentioned in the market report include Accucoat Inc, Berliner Glas, Dynasil Corporation, Fosta-Tek Optics, Ophir Optronics Solutions Ltd, General Optics (Asia Limited), JML Optical, Mader, Zeiss International, Evaporated Coatings Inc, Guardian Glass, Edmund Optics Inc, Abrisa Technologies, Fenzi SpA, and Casix.

Browse our full report with Table of content:
https://www.bharatbook.com/marketreports/global-mirror-coatings-market-2021-2028/2428136

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