TEMPERED COATINGS MARKET ANALYSIS

Tempered Coatings MarketSize and Trends

The global tempered coatings market was valued at US$ 50.23 Bn in 2022 and is expected to reach US$ 86.95 Bn exhibiting a CAGR of 7.1% during the forecast period 2023-2030.

Figure 1. Global Tempered Coatings Market Revenue Share (%), By Type, 2022

Among type, plain glass held a dominant position in the global tempered coatings market in 2022, accounting for 60% market revenue share, followed by colored glass. Increasing demand of plain glass in building & construction sector is expected to drive the segment growth in upcoming years.

Market Trends

Rising number of industrial applications

Rising number of industrial applications and increasing number of construction activities in nations such as India, China, and some Southeast nations will help to boost the market growth in upcoming years. Tempered coating glass commonly used in automotive window panes, building windows, furniture, and interior activities in building. Increasing the disposable income, technological upgrades, new product developments, and original equipment manufacturers that can witness the significant growth in global tempered coating glass market.

Figure 2. Global Tempered Coatings Market Revenue Share (%), By Shape, 2022

Among shape, flat tempered glass segment held a dominant position in the global tempered coatings glass market in 2022, accounting for 59% of the market share. Flat tempered glass is heat resistant, protect from UV rays and sound reduction which can helps to boost the global tempered coatings glass market growth in forecast period.