The Asia Pacific mirror coatings market is set to project a CAGR of 7.50% during the forecast period, 2021-2028. The easy availability of viable anti-corrosion solutions, strong regional shipping traffic, and lower labor costs, boost the coating industry of the region. Such factors are expected to influence the market growth of mirror coatings. China, Vietnam, Australia & New Zealand, India, Japan, South Korea, Indonesia, Thailand, and the rest of Asia Pacific, are assessed for the Asia Pacific mirror coatings market growth evaluation.
ASIA PACIFIC MIRROR COATINGS MARKET FORECAST 2021-2028
Asia Pacific Mirror Coatings Market Forecast by Resin Type (Polyurethane, Epoxy, Acrylic, Other Resin Types) by Technology (Solvent-based, Water Based, Nanocoatings) by Substrate (Silver, Aluminium, Other Substrates) by End-user (Building & Construction, Automotive and Transportation, Energy, Other End-users) and by Geography.
The Asia Pacific mirror coatings market is set to project a CAGR of 7.50% during the forecast period, 2021-2028. The easy availability of viable anti-corrosion solutions, strong regional shipping traffic, and lower labor costs, boost the coating industry of the region. Such factors are expected to influence the market growth of mirror coatings.
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China, Vietnam, Australia & New Zealand, India, Japan, South Korea, Indonesia, Thailand, and the rest of Asia Pacific, are assessed for the Asia Pacific mirror coatings market growth evaluation. In China, the construction industry is estimated to project more than a 4% growth rate during the forecast period. The demographics of the country are set to influence the growth of residential construction. The increasing household income levels, and the migration of people from rural to urban areas, are set to fuel the demands in the residential construction sector. The growing focus on affordable housing by private and public sectors further contributes to the growing demands. Further, the aging population results in increased demand for the construction of new hospitals and healthcare facilities. Also, non-residential infrastructure is set to record considerable growth.
The automobile industry of South Korea is the fifth-largest producer of passenger cars in the world. It represents over 13% of the manufacturing output in Korea. However, in 2019, automobile production witnessed a continuous decline. Also, the demand for sales reduced from its peak in 2017. As of February 2020, automobile exports fell by more than 25%, given the demand collapse in target export countries. This is set to have a domino effect on the mirror coatings demand in the country.
General Optics (Asia) Limited (GOAL) manufactures and supplies mirror coatings. The company offers integrated solutions, along with having expertise in the manufacture and export of optical instruments, components, and devices. It exports its products to France, Germany, the United States, Belgium, Singapore, the Netherlands, etc. The company has its headquarters in Pondicherry, India.
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- RESEARCH SCOPE & METHODOLOGY
- STUDY OBJECTIVES
- SCOPE OF STUDY
- METHODOLOGY
- ASSUMPTIONS & LIMITATIONS
- EXECUTIVE SUMMARY
- MARKET SIZE & ESTIMATES
- MARKET OVERVIEW
- MARKET DYNAMICS
- KEY DRIVERS
- HIGH DEMAND FROM THE CONSTRUCTION SECTOR
- INCREASING APPLICATION IN SOLAR POWER INDUSTRY
- KEY RESTRAINTS
- LIMITATIONS OF EPOXY ANTI-CORROSION COATING
- STRINGENT GOVERNMENT REGULATIONS
- KEY DRIVERS
- KEY ANALYTICS
- IMPACT OF COVID-19 ON MIRROR COATINGS MARKET
- KEY INVESTMENT INSIGHTS
- PORTER’S FIVE FORCE ANALYSIS
- BUYER POWER
- SUPPLIER POWER
- SUBSTITUTION
- NEW ENTRANTS
- INDUSTRY RIVALRY
- OPPORTUNITY MATRIX
- VENDOR LANDSCAPE
- MARKET BY RESIN TYPE
- POLYURETHANE
- EPOXY
- ACRYLIC
- OTHER RESIN TYPES
- MARKET BY TECHNOLOGY
- SOLVENT-BASED
- WATER BASED
- NANOCOATINGS
- MARKET BY SUBSTRATE
- SILVER
- ALUMINIUM
- OTHER SUBSTRATES
- MARKET BY END-USER
- BUILDING & CONSTRUCTION
- AUTOMOTIVE AND TRANSPORTATION
- ENERGY
- OTHER END-USERS
- GEOGRAPHICAL ANALYSIS
- ASIA PACIFIC
- KEY GROWTH ENABLERS
- KEY CHALLENGES
- KEY PLAYERS
- COUNTRY ANALYSIS
- CHINA
- JAPAN
- INDIA
- SOUTH KOREA
- INDONESIA
- THAILAND
- VIETNAM
- AUSTRALIA & NEW ZEALAND
- REST OF ASIA PACIFIC
- ASIA PACIFIC
- COMPETITIVE LANDSCAPE
- KEY STRATEGIC DEVELOPMENTS
- MERGER & ACQUISITIONS
- PRODUCT LAUNCH & DEVELOPMENTS
- BUSINESS EXPANSION
- COMPANY PROFILES
- ABRISA TECHNOLOGIES
- ACCUCOAT INC
- BERLINER GLAS
- CASIX
- DYNASIL CORPORATION
- EDMUND OPTICS INC
- EVAPORATED COATINGS INC
- FENZI SPA
- FOSTA-TEK OPTICS
- GENERAL OPTICS (ASIA LIMITED)
- GUARDIAN GLASS LLC
- JML OPTICAL
- MADER
- OPHIR OPTRONICS SOLUTIONS LTD
- ZEISS INTERNATIONAL
- KEY STRATEGIC DEVELOPMENTS
LIST OF TABLES
TABLE 1: MARKET SNAPSHOT – MIRROR COATINGS
TABLE 2: ASIA PACIFIC MIRROR COATINGS MARKET, BY RESIN TYPE, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
TABLE 3: ASIA PACIFIC MIRROR COATINGS MARKET, BY RESIN TYPE, FORECAST YEARS, 2021-2028 (IN $ MILLION)
TABLE 4: ASIA PACIFIC MIRROR COATINGS MARKET, BY TECHNOLOGY, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
TABLE 5: ASIA PACIFIC MIRROR COATINGS MARKET, BY TECHNOLOGY, FORECAST YEARS, 2021-2028 (IN $ MILLION)
TABLE 6: ASIA PACIFIC MIRROR COATINGS MARKET, BY SUBSTRATE, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
TABLE 7: ASIA PACIFIC MIRROR COATINGS MARKET, BY SUBSTRATE, FORECAST YEARS, 2021-2028 (IN $ MILLION)
TABLE 8: ASIA PACIFIC MIRROR COATINGS MARKET, BY END-USER, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
TABLE 9: ASIA PACIFIC MIRROR COATINGS MARKET, BY END-USER, FORECAST YEARS, 2021-2028 (IN $ MILLION)
TABLE 10: ASIA PACIFIC MIRROR COATINGS MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
TABLE 11: ASIA PACIFIC MIRROR COATINGS MARKET, BY COUNTRY, FORECAST YEARS, 2021-2028 (IN $ MILLION)
TABLE 12: LEADING PLAYERS OPERATING IN ASIA PACIFIC MIRROR COATINGS MARKET
LIST OF FIGURES
FIGURE 1: KEY INVESTMENT INSIGHTS
FIGURE 2: PORTER’S FIVE FORCE ANALYSIS
FIGURE 3: OPPORTUNITY MATRIX
FIGURE 4: VENDOR LANDSCAPE
FIGURE 5: ASIA PACIFIC MIRROR COATINGS MARKET, GROWTH POTENTIAL, BY RESIN TYPE, IN 2020
FIGURE 6: ASIA PACIFIC MIRROR COATINGS MARKET, BY POLYURETHANE, 2021-2028 (IN $ MILLION)
FIGURE 7: ASIA PACIFIC MIRROR COATINGS MARKET, BY EPOXY, 2021-2028 (IN $ MILLION)
FIGURE 8: ASIA PACIFIC MIRROR COATINGS MARKET, BY ACRYLIC, 2021-2028 (IN $ MILLION)
FIGURE 9: ASIA PACIFIC MIRROR COATINGS MARKET, BY OTHER RESIN TYPES, 2021-2028 (IN $ MILLION)
FIGURE 10: ASIA PACIFIC MIRROR COATINGS MARKET, GROWTH POTENTIAL, BY TECHNOLOGY, IN 2020
FIGURE 11: ASIA PACIFIC MIRROR COATINGS MARKET, BY SOLVENT-BASED, 2021-2028 (IN $ MILLION)
FIGURE 12: ASIA PACIFIC MIRROR COATINGS MARKET, BY WATER BASED, 2021-2028 (IN $ MILLION)
FIGURE 13: ASIA PACIFIC MIRROR COATINGS MARKET, BY NANOCOATINGS, 2021-2028 (IN $ MILLION)
FIGURE 14: ASIA PACIFIC MIRROR COATINGS MARKET, GROWTH POTENTIAL, BY SUBSTRATE, IN 2020
FIGURE 15: ASIA PACIFIC MIRROR COATINGS MARKET, BY SILVER, 2021-2028 (IN $ MILLION)
FIGURE 16: ASIA PACIFIC MIRROR COATINGS MARKET, BY ALUMINIUM, 2021-2028 (IN $ MILLION)
FIGURE 17: ASIA PACIFIC MIRROR COATINGS MARKET, BY OTHER SUBSTRATES, 2021-2028 (IN $ MILLION)
FIGURE 18: ASIA PACIFIC MIRROR COATINGS MARKET, GROWTH POTENTIAL, BY END-USER, IN 2020
FIGURE 19: ASIA PACIFIC MIRROR COATINGS MARKET, BY BUILDING & CONSTRUCTION, 2021-2028 (IN $ MILLION)
FIGURE 20: ASIA PACIFIC MIRROR COATINGS MARKET, BY AUTOMOTIVE AND TRANSPORTATION, 2021-2028 (IN $ MILLION)
FIGURE 21: ASIA PACIFIC MIRROR COATINGS MARKET, BY ENERGY, 2021-2028 (IN $ MILLION)
FIGURE 22: ASIA PACIFIC MIRROR COATINGS MARKET, BY OTHER END-USERS, 2021-2028 (IN $ MILLION)
FIGURE 23: ASIA PACIFIC MIRROR COATINGS MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)
FIGURE 24: CHINA MIRROR COATINGS MARKET, 2021-2028 (IN $ MILLION)
FIGURE 25: JAPAN MIRROR COATINGS MARKET, 2021-2028 (IN $ MILLION)
FIGURE 26: INDIA MIRROR COATINGS MARKET, 2021-2028 (IN $ MILLION)
FIGURE 27: SOUTH KOREA MIRROR COATINGS MARKET, 2021-2028 (IN $ MILLION)
FIGURE 28: INDONESIA MIRROR COATINGS MARKET, 2021-2028 (IN $ MILLION)
FIGURE 29: THAILAND MIRROR COATINGS MARKET, 2021-2028 (IN $ MILLION)
FIGURE 30: VIETNAM MIRROR COATINGS MARKET, 2021-2028 (IN $ MILLION)
FIGURE 31: AUSTRALIA & NEW ZEALAND MIRROR COATINGS MARKET, 2021-2028 (IN $ MILLION)
FIGURE 32: REST OF ASIA PACIFIC MIRROR COATINGS MARKET, 2021-2028 (IN $ MILLION)
- GEOGRAPHICAL ANALYSIS
- ASIA PACIFIC
- KEY GROWTH ENABLERS
- KEY CHALLENGES
- KEY PLAYERS
- COUNTRY ANALYSIS
- CHINA
- JAPAN
- INDIA
- SOUTH KOREA
- INDONESIA
- THAILAND
- VIETNAM
- AUSTRALIA & NEW ZEALAND
- REST OF ASIA PACIFIC
- ASIA PACIFIC
- MARKET BY RESIN TYPE
- POLYURETHANE
- EPOXY
- ACRYLIC
- OTHER RESIN TYPES
- MARKET BY TECHNOLOGY
- SOLVENT-BASED
- WATER BASED
- NANOCOATINGS
- MARKET BY SUBSTRATE
- SILVER
- ALUMINIUM
- OTHER SUBSTRATES
- MARKET BY END-USER
- BUILDING & CONSTRUCTION
- AUTOMOTIVE AND TRANSPORTATION
- ENERGY
- OTHER END-USERS
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