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The global Mirror Coatings Market report published by Reports and Data offers a comprehensive overview of the market dynamics and recent events in the industry to help the user/reader to understand the market scenario. The report provides assessment of emerging and current market trends, drivers, constraints, limitations and opportunities that are may occur during the forecast period. The report sheds light on the market dynamics along with details about market size, market share, and revenue growth along with production and manufacturing of various products. The data is collected through extensive primary and secondary research and is evaluated by professionals and experts in the industry. The statistical data is well-presented in from of diagrams, charts, tables and other pictorial presentations for better user readability.
The global mirror coatings market is forecast to reach USD 1,208.6 Million by 2026, according to a new report by Reports and Data. The market is rising rapidly as the demand for mirrors or mirror-like products are increasing year on year due to rise in temperature in hot and temperate countries and economic enhancement in the developing countries has helped the common people to spend a premium amount on the luxury home decorative furniture which mostly are incorporated with mirror coatings.
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Key Players Profiled in the Report Include:
Fenzi, Ferro, Diamond-Fusion, Mader, Guardian Glass, Tianjin Xinlihua Color Materials Co. Ltd., Casix, The Sherwin-Williams, Grincoat, Vitro SAB de CV.
Market Overview:
The materials and chemicals industry is rapidly gaining traction in the last few years and is expected to register significant revenue growth throughout the forecast period. Raw material and chemicals are widely used across various industrial sector such as biotechnology and pharmaceutical, paper and pulp, food and beverages, agriculture, chemical and medical. Revenue growth of the global Mirror Coatings market is significantly driven by factors such as increasing investments by various market players to develop and launch enhanced products, rapid urbanization and industrial developments, rising per capita income and increasing adoption of green energy. In addition, rising funds by private and public organizations for equipment and rising adoption of biodegradable products due to increasing awareness about carbon emission concerns is further boosting market growth.
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The Mirror Coatings market Share is segmented on the basis of product types and applications offered by the market to impart an easy understanding of the Mirror Coatings market operations and covers:
Type of Resins Outlook (Revenue, USD Million; 2016-2026)
Polyurethane
Epoxy
Acrylic
Others
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Technology Outlook (Revenue, USD Million; 2016-2026)
Water-Based Coatings
Solvent-Based Coatings
Nano-Coatings
Applications Outlook (Revenue, USD Million; 2016-2026)
Automotive
Building & Construction
Home Décor
Consumer Goods
Concentrating Solar Power (CSV) Panels
Others
Regional Perspective:
The global Mirror Coatings market Size has been categorized into several significant regions, such as North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. This section of the report analyzes the presence of the global Mirror Coatings market across the major regions. It determines the market share, market size, revenue contribution, sales network and distribution channel, and other key elements of each regional segment.
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Further key findings from the report suggest:
Automotive vehicles widely employ mirror or reflecting glasses to get rid of the extreme sunny daylights. Some portions of the windshields, sunroofs, and windows are made using the reflecting or mirror glasses. The market has been hugely driven by automotive applications. The segment had a market share of 23.3% in 2018 and will be growing with a CAGR of 8.1% during the forecast period.
Home Décor instruments incorporate mirrors and mirror-like reflecting furniture or accessories, which adds to the overall market revenue. The CAGR for this segment is 7.2% during the forecast period, and the revenue in 2018 was USD 112.1 Million for this segment.
Consumer Goods include numerous products which employ mirrors or mirror-like materials and increase the market for mirror coatings. Eyewear, highly reflecting mirror-like costumes, and camera-lenses, to name a few of the consumer goods. Consumer goods had a market share of 14.3% in 2018 and are expected to grow with a CAGR of 7.0% in 2019-2026.
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