Market Overview:
The global mirror coatings market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for mirror coatings from various end-use industries, such as architectural, automotive & transportation, decorative and solar power. In terms of type, the polyurethane segment is expected to lead the global mirror coatings market during the forecast period. This can be attributed to its properties such as high durability and resistance against abrasion.
Product Definition:
A mirror coating is a thin layer of material applied to the surface of a mirror that alters its reflectivity. Mirror coatings are important because they can improve the performance and efficiency of mirrors by reflecting more light back into the desired direction.
Polyurethane:
Polyurethane (PU) is a polymer, which is extensively used in the coating industry. It has high thermal stability and excellent chemical resistance. The mirror-like finish of polyurethane coatings makes them suitable for decorative applications such as wall coverings, flooring & carpets and automotive interiors.
Epoxy:
Epoxy is a thermosetting polymer, which contains carbon, oxygen and hydrogen. It is manufactured by the reaction of epichlorohydrin with phenol or crude oil. The raw materials are mixed in an appropriate ratio to form liquid resin which is then allowed to react under controlled conditions. Epoxy resins are used for manufacturing coatings that have high resistance against chemicals such as acid rain, rust and corrosion along with high heat resistance.
Application Insights:
The architectural application segment led the global mirror coatings market in 2017 and is projected to witness significant growth over the forecast period. This growth can be attributed to rising demand for high-quality construction materials in residential and commercial buildings, coupled with an increase in spending on renovation activities.
Mirror coatings are applied for decorative purposes as they enhance the aesthetic value of a building by providing protection against environmental factors such as UV rays, moisture, wind & snow etc. The product enhances the reflective properties of mirrors thus enhancing visibility during night time drives or when headlights are turned on at night time driving conditions.
The automotive & transportation sector is also anticipated to witness considerable growth over the next eight years owing to increasing investments from governments across various countries worldwide toward promoting electric vehicles production facilities and infrastructure development related thereto.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The regional growth can be attributed to increasing construction spending, coupled with growing automotive production in countries such as China, India, Japan and South Korea. In addition, rising demand for decorative coatings from various end-use industries will drive the market further.
The Asia Pacific was followed by Europe which accounted for a share of more than 20% in 2017 owing to high product penetration due to increased construction activities along with an increase in automobile production rates across several countries including Russia, Italy and Spain. Moreover, technological advancements related to mirror coating have led European manufacturers of paints & coatings offer these products at competitive prices thereby boosting their sales significantly over the past few years.
Growth Factors:
- Increasing demand for mirror coatings in the automotive and aerospace industries due to their superior optical properties.
- Growing popularity of smart mirrors, which use mirror coatings to display information such as time, weather, and traffic conditions.
- Rising demand for anti-reflective (AR) coatings in consumer electronics products such as smartphones and tablets.
- Increasing adoption of mirror coatings in medical applications such as endoscopy and microscopy.
- Technological advancements that have led to the development of new types of mirror coatings with better performance characteristics
Scope Of The Report
Report Attributes
Report Details
Report Title
Mirror Coatings Market Research Report
By Type
Polyurethane, Epoxy, Acrylic
By Application
Architectural, Automotive & Transportation, Decorative, Solar Power
By Companies
Fenzi, Pearl Nano, Ferro, Arkema, The Sherwin-Williams, Glas Trosch, Diamond-Fusion, Casix
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Mirror Coatings Market Report Segments:
The global Mirror Coatings market is segmented on the basis of:
Types
Polyurethane, Epoxy, Acrylic
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Architectural, Automotive & Transportation, Decorative, Solar Power
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Fenzi
- Pearl Nano
- Ferro
- Arkema
- The Sherwin-Williams
- Glas Trosch
- Diamond-Fusion
- Casix
Highlights of The Mirror Coatings Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Polyurethane
- Epoxy
- Acrylic
- By Application:
- Architectural
- Automotive & Transportation
- Decorative
- Solar Power
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Mirror Coatings Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Mirror coatings are a type of coating that is used to protect metal surfaces from corrosion. The coating is applied to the surface of the metal and then a mirror image of the original surface is created. This creates two layers of protection against corrosion and makes it difficult for dirt, water, or other contaminants to get onto the metal.
Some of the key players operating in the mirror coatings market are Fenzi, Pearl Nano, Ferro, Arkema, The Sherwin-Williams, Glas Trosch, Diamond-Fusion, Casix.
The mirror coatings market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Mirror Coatings Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Mirror Coatings Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Mirror Coatings Market - Supply Chain
4.5. Global Mirror Coatings Market Forecast
4.5.1. Mirror Coatings Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Mirror Coatings Market Size (000 Units) and Y-o-Y Growth
4.5.3. Mirror Coatings Market Absolute $ Opportunity
5. Global Mirror Coatings Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Mirror Coatings Market Size and Volume Forecast by Type
5.3.1. Polyurethane
5.3.2. Epoxy
5.3.3. Acrylic
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Mirror Coatings Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Mirror Coatings Market Size and Volume Forecast by Application
6.3.1. Architectural
6.3.2. Automotive & Transportation
6.3.3. Decorative
6.3.4. Solar Power
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Mirror Coatings Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Mirror Coatings Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Mirror Coatings Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Mirror Coatings Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Mirror Coatings Demand Share Forecast, 2019-2029
9. North America Mirror Coatings Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Mirror Coatings Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Mirror Coatings Market Size and Volume Forecast by Application
9.4.1. Architectural
9.4.2. Automotive & Transportation
9.4.3. Decorative
9.4.4. Solar Power
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Mirror Coatings Market Size and Volume Forecast by Type
9.7.1. Polyurethane
9.7.2. Epoxy
9.7.3. Acrylic
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Mirror Coatings Demand Share Forecast, 2019-2029
10. Latin America Mirror Coatings Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Mirror Coatings Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Mirror Coatings Market Size and Volume Forecast by Application
10.4.1. Architectural
10.4.2. Automotive & Transportation
10.4.3. Decorative
10.4.4. Solar Power
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Mirror Coatings Market Size and Volume Forecast by Type
10.7.1. Polyurethane
10.7.2. Epoxy
10.7.3. Acrylic
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Mirror Coatings Demand Share Forecast, 2019-2029
11. Europe Mirror Coatings Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Mirror Coatings Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Mirror Coatings Market Size and Volume Forecast by Application
11.4.1. Architectural
11.4.2. Automotive & Transportation
11.4.3. Decorative
11.4.4. Solar Power
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Mirror Coatings Market Size and Volume Forecast by Type
11.7.1. Polyurethane
11.7.2. Epoxy
11.7.3. Acrylic
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Mirror Coatings Demand Share, 2019-2029
12. Asia Pacific Mirror Coatings Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Mirror Coatings Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Mirror Coatings Market Size and Volume Forecast by Application
12.4.1. Architectural
12.4.2. Automotive & Transportation
12.4.3. Decorative
12.4.4. Solar Power
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Mirror Coatings Market Size and Volume Forecast by Type
12.7.1. Polyurethane
12.7.2. Epoxy
12.7.3. Acrylic
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Mirror Coatings Demand Share, 2019-2029
13. Middle East & Africa Mirror Coatings Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Mirror Coatings Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Mirror Coatings Market Size and Volume Forecast by Application
13.4.1. Architectural
13.4.2. Automotive & Transportation
13.4.3. Decorative
13.4.4. Solar Power
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Mirror Coatings Market Size and Volume Forecast by Type
13.7.1. Polyurethane
13.7.2. Epoxy
13.7.3. Acrylic
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Mirror Coatings Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Mirror Coatings Market: Market Share Analysis
14.2. Mirror Coatings Distributors and Customers
14.3. Mirror Coatings Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Fenzi
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Pearl Nano
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Ferro
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Arkema
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. The Sherwin-Williams
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Glas Trosch
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Diamond-Fusion
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Casix
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
