Dublin, Oct. 29, 2024 (GLOBE NEWSWIRE) -- The "Global Automotive Functional Glass Coatings Market (2024 Edition): Market Size, Trends, Opportunities and Forecast By Coating Type, Application Area, Channel, Region, By Country: 2020-2030" report has been added to ResearchAndMarkets.com's offering.
Global Automotive Functional Glass Coatings Market was valued at USD 388.66 Million in 2023.
The Automotive Functional Glass Coatings Market has experienced robust growth due to advancements in automotive technology, increasing demand for enhanced vehicle aesthetics, and the need for improved vehicle performance. Functional glass coatings are applied to automotive glass to provide various functionalities such as UV protection, anti-glare, anti-reflective, hydrophobic, and self-cleaning properties. The market is driven by the growing focus on vehicle safety, comfort, and energy efficiency.
One of the primary drivers of the Functional Glass Coatings market is the increasing demand for advanced vehicle safety features. Coatings that provide UV protection and reduce glare improve driver visibility and comfort, enhancing overall safety. Additionally, coatings with hydrophobic properties help maintain clear visibility during adverse weather conditions, further contributing to safety.
The rising trend of vehicle customization and premiumization has also played a crucial role in the market's growth. Consumers are increasingly seeking vehicles with high-quality finishes and advanced features, including functional glass coatings that enhance the aesthetic appeal and functionality of automotive glass. This trend is particularly prominent in the luxury and premium vehicle segments.
The increasing focus on energy efficiency and sustainability has influenced the Functional Glass Coatings market. Coatings that provide thermal insulation help reduce the heat load on the vehicle's interior, improving energy efficiency and reducing the need for air conditioning. This, in turn, contributes to fuel savings and reduced carbon emissions.
Segment Insights
By coating type, the anti-reflective segment holds the largest market share, accounting for approximately 35% of the global Automotive Functional Glass Coatings Market in 2023. Anti-reflective coatings improve visibility by reducing glare and reflection, enhancing driver safety.
By application area, the windshields segment dominates the market, driven by the critical role of windshields in vehicle safety and the increasing adoption of advanced coatings for improved performance and aesthetics.
Geographical Insights
Asia Pacific represents the largest market for Functional Glass Coatings in the automotive industry, driven by rapid urbanization, rising disposable incomes, and the growing automotive industry. Countries like China, Japan, and South Korea are key markets, with expanding automotive production and a focus on advanced vehicle technologies.
Reasons to buy this report:
- In-Depth Comparative Assessment of Top 20 Markets in the Automotive Functional Glass Coatings Market: Comparative assessment of 20 leading countries highlighting the total addressable market, opportunities, lucrative segments and competitive positioning of leading companies.
- Comprehensive Historical, Present, and Future Analytics of the Automotive Functional Glass Coatings Market: A deep dive in the historical (2020-2023), current (2024) and forecast (2025-2030) market analytics of Automotive Functional Glass Coatings Market.
- Detailed Analysis of Automotive Functional Glass Coatings Market By Coating Type, Application Area, and Channel Across 20 Countries
- Beyond the Purchase: 90 Days of Support
- Direct Access to Analysts: Have questions after reading the report? Our expert analysts are just a call or email away.
- Customized Assistance: Whether you're integrating insights into your strategy or have questions about market dynamics, our team provides tailored support to meet your specific business needs.
- Data Customization Requests: During the support period, you have the flexibility to request additional data cuts or deeper dives into specific areas of interest.
- Gain insights specific to new entrants or new market areas to tap: The study provides detailed market entry strategies, including analysis of barriers to entry, pricing strategies, opportunities, trends, drivers, and challenges and product positioning using the Opportunity Portfolio Matrix (OPM)
- Strategic Company Movements: Tracking Competitive Developments and Key Players in the Market
Competitive Positioning
- Companies' Competitive Positioning
- Market Position Matrix
- Market Share Analysis of Automotive Functional Glass Coatings Market
Company Profiles
- Saint-Gobain Sekurit
- AGC Automotive
- PPG Industries, Inc.
- BASF SE
- Fenzi
- Arkema
- Schott
- KISHO
- Guardian Glass
- Vitro
Key Topics Covered:
1. Market Background
1.1 Scope and Product Outlook
1.2 Executive Summary
1.3 Research Methodology
2. Analyst Recommendations
3. Global Automotive Functional Glass Coatings Market: Historic and Forecast
3.1 Impact Analysis of Macro Economic Factors on Global Automotive Functional Glass Coatings Market
3.2 Automotive Functional Glass Coatings Market Type Matrix
3.3 Global Automotive Functional Glass Coatings Market: Dashboard
3.4 Global Automotive Functional Glass Coatings Market: Market Size and CAGR, By Value, 2020-2030 (USD Million & CAGR)
3.5 Global Automotive Functional Glass Coatings Market: Market Value Assessment
3.6 Assessment Degree of Impact of COVID-19 on Global Automotive Functional Glass Coatings Market
3.7 Global Automotive Functional Glass Coatings Market Segmentation: By Coating Type
3.7.1 Global Automotive Functional Glass Coatings Market, By Coating Type Overview
3.7.2 Global Automotive Functional Glass Coatings Market Attractiveness Index, By Coating Type (2025-2030)
3.7.3 Global Automotive Functional Glass Coatings Market Size, By Anti Reflective Coating, By Value, 2020H-2030F (USD Million & CAGR)
3.7.4 Global Automotive Functional Glass Coatings Market Size, By Hydrophobic Coatings, By Value, 2020H-2030F (USD Million & CAGR)
3.7.5 Global Automotive Functional Glass Coatings Market Size, By UV Protection Coatings, By Value, 2020H-2030F (USD Million & CAGR)
3.7.6 Global Automotive Functional Glass Coatings Market Size, By Anti-Scratch Coatings, By Value, 2020H-2030F (USD Million & CAGR)
3.7.7 Global Automotive Functional Glass Coatings Market Size, By Other Coating Types, By Value, 2020H-2030F (USD Million & CAGR)
3.8 Global Automotive Functional Glass Coatings Market Segmentation: By Application Area
3.8.1 Global Automotive Functional Glass Coatings Market, By Application Area Overview
3.8.2 Global Automotive Functional Glass Coatings Market Attractiveness Index, By Application Area (2025-2030)
3.8.3 Global Automotive Functional Glass Coatings Market Size, By Windshield, By Value, 2020H-2030F (USD Million & CAGR)
3.8.4 Global Automotive Functional Glass Coatings Market Size, By Side Windows, By Value, 2020H-2030F (USD Million & CAGR)
3.8.5 Global Automotive Functional Glass Coatings Market Size, By Rear Windows, By Value, 2020H-2030F (USD Million & CAGR)
3.8.6 Global Automotive Functional Glass Coatings Market Size, By Other Application Areas, By Value, 2020H-2030F (USD Million & CAGR)
3.9 Global Automotive Functional Glass Coatings Market Segmentation: By Channel
3.9.1 Global Automotive Functional Glass Coatings Market, By Channel Overview
3.9.2 Global Automotive Functional Glass Coatings Market Attractiveness Index, By Channel (2025-2030)
3.9.3 Global Automotive Functional Glass Coatings Market Size, By OEM, By Value, 2020H-2030F (USD Million & CAGR)
3.9.4 Global Automotive Functional Glass Coatings Market Size, By Aftermarket, By Value, 2020H-2030F (USD Million & CAGR)
4. Automotive Functional Glass Coatings Market, Region Analysis
4.1 Regional Coverage of the Study
4.2 Regional Snapshot
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