Table of Content

"1    INTRODUCTION    30
1.1    OBJECTIVES OF THE STUDY    30
1.2    MARKET DEFINITION    30
1.3    MARKET SCOPE    31
FIGURE 1    MIRROR COATINGS MARKET SEGMENTATION    31
1.3.1    INCLUSIONS AND EXCLUSIONS    31
1.3.2    REGIONS COVERED    32
1.3.3    YEARS CONSIDERED FOR THE STUDY    32
1.4    CURRENCY    33
1.5    UNIT CONSIDERED    33
1.6    LIMITATIONS    33
1.7    STAKEHOLDERS    33
2    RESEARCH METHODOLOGY    34
2.1    RESEARCH DATA    34
FIGURE 2    MIRROR COATINGS MARKET: RESEARCH DESIGN    34
2.1.1    SECONDARY DATA    35
2.1.1.1    Key data from secondary sources    35
2.1.2    PRIMARY DATA    36
2.1.2.1    Key data from primary sources    36
2.1.2.2    Breakdown of primary interviews    37
FIGURE 3    BREAKDOWN OF PRIMARY INTERVIEWS    37
2.1.2.3    Key industry insights    37
2.1.2.4    Primary data sources    38
2.2    MARKET SIZE ESTIMATION    38
2.2.1    BOTTOM-UP APPROACH    38
FIGURE 4    MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH    38
2.2.2    TOP-DOWN APPROACH    39
FIGURE 5    MARKET SIZE ESTIMATION: TOP-DOWN APPROACH    39
2.3    DATA TRIANGULATION    40
FIGURE 6    DATA TRIANGULATION: MIRROR COATINGS MARKET    40
2.4    ASSUMPTIONS    41
2.5    LIMITATIONS    41
2.6    RISK ANALYSIS ASSESSMENT    42
2.7    GROWTH RATE ASSUMPTIONS/GROWTH FORECAST    42
3    EXECUTIVE SUMMARY    43
TABLE 1    MIRROR COATINGS MARKET SNAPSHOT (2021 VS. 2026)    43
FIGURE 7    MIRROR COATINGS MARKET, BY RESIN TYPE, 2021 VS. 2026 (USD MILLION)    44
FIGURE 8    MIRROR COATINGS MARKET, BY TECHNOLOGY, 2021 VS. 2026 (USD MILLION)    44
FIGURE 9    MIRROR COATINGS MARKET, BY END-USE INDUSTRY    45
FIGURE 10    GEOGRAPHICAL SNAPSHOT OF THE MIRROR COATINGS MARKET: APAC IS THE LARGEST AND FASTEST-GROWING MARKET    45
4    PREMIUM INSIGHTS    47
4.1    MIRROR COATINGS: MARKET OVERVIEW    47
FIGURE 11    EMERGING ECONOMIES TO OFFER LUCRATIVE GROWTH OPPORTUNITIES FOR PLAYERS IN THE MIRROR COATINGS MARKET    47
4.2    MIRROR COATINGS MARKET, BY RESIN TYPE    47
FIGURE 12    POLYURETHANE RESINS SEGMENT TO LEAD THE MARKET DURING THE FORECAST PERIOD    47
4.3    MIRROR COATINGS MARKET: DEVELOPED VS. EMERGING COUNTRIES    48
FIGURE 13    MARKETS IN EMERGING COUNTRIES TO GROW AT HIGHER CAGRS  FROM 2021 TO 2026    48
4.4    APAC: MIRROR COATINGS MARKET, BY END-USE INDUSTRY (2020)    48
FIGURE 14    ARCHITECTURAL END-USE INDUSTRY AND CHINA ACCOUNTED FOR THE HIGHEST MARKET SHARES IN 2020    48
4.5    APAC: MIRROR COATINGS MARKET, BY COUNTRY/REGION,  2021 VS. 2026    49
FIGURE 15    MARKET IN INDIA TO GROW AT THE HIGHEST CAGR IN THE APAC DURING THE FORECAST PERIOD    49
5    MARKET OVERVIEW    50
5.1    INTRODUCTION    50
5.2    MARKET DYNAMICS    50
FIGURE 16    OVERVIEW OF FACTORS GOVERNING THE MIRROR COATINGS MARKET    50
5.2.1    DRIVERS    51
5.2.1.1    Rising demand for mirror coatings in the construction and automotive industries    51
5.2.1.2    Increased demand from the APAC    52
5.2.1.3    Increasing focus on concentrated solar power (CSP)    52
5.2.2    RESTRAINTS    52
5.2.2.1    Drawbacks of water-based coatings    52
5.2.3    OPPORTUNITIES    53
5.2.3.1    Rising demand for low-VOC, green, and sustainable mirror coatings    53
5.2.4    CHALLENGES    53
5.2.4.1    Stringent regulatory policies and environmental challenges    53
5.3    PORTER’S FIVE FORCES ANALYSIS    53
TABLE 2    MIRROR COATINGS MARKET: PORTER’S FIVE FORCES ANALYSIS    53
FIGURE 17    MIRROR COATINGS MARKET: PORTER’S FIVE FORCES ANALYSIS    54
5.3.1    INTENSITY OF COMPETITIVE RIVALRY    54
5.3.2    BARGAINING POWER OF BUYERS    55
5.3.3    BARGAINING POWER OF SUPPLIERS    55
5.3.4    THREAT OF SUBSTITUTES    55
5.3.5    THREAT FROM NEW ENTRANTS    56
5.4    MACROECONOMIC INDICATORS    56
5.4.1    INTRODUCTION    56
5.4.2    TRENDS AND FORECAST OF GDP    56
TABLE 3    GDP TRENDS AND FORECASTS, PERCENTAGE CHANGE, 2019-2026    56
5.4.3    TRENDS AND FORECASTS FOR THE GLOBAL CONSTRUCTION INDUSTRY    57
FIGURE 18    GLOBAL SPENDING IN THE CONSTRUCTION INDUSTRY, 2014–2035    58
5.4.4    TRENDS AND FORECASTS FOR THE GLOBAL AUTOMOTIVE INDUSTRY    59
TABLE 4    AUTOMOTIVE INDUSTRY PRODUCTION (2019–2020)    59
5.4.5    TRENDS IN THE CONCENTRATED SOLAR POWER (CSP) INDUSTRY    60
FIGURE 19    SOLAR PV MARKET, GLOBAL CUMULATIVE INSTALLED CAPACITY (GW),  2010–2030    60
5.5    IMPACT OF COVID-19    61
5.6    COVID-19 ECONOMIC ASSESSMENT    61
FIGURE 20    ECONOMIC OUTLOOK FOR MAJOR COUNTRIES    62
5.6.1    ECONOMIC IMPACT OF COVID-19: SCENARIO ASSESSMENT    63
FIGURE 21    FACTORS THAT IMPACTED THE ECONOMIES OF SELECT G20 COUNTRIES IN 2020    63
5.7    IMPACT OF COVID-19 ON END-USE INDUSTRIES    64
5.7.1    IMPACT ON THE CONSTRUCTION INDUSTRY    64
5.7.2    IMPACT ON THE AUTOMOTIVE INDUSTRY    64
5.8    IMPACT OF COVID-19 ON REGIONS    65
5.8.1    IMPACT OF COVID-19 ON THE APAC    65
5.8.2    IMPACT OF COVID-19 ON NORTH AMERICA    65
5.8.3    IMPACT OF COVID-19 ON EUROPE    65
5.8.4    IMPACT OF COVID-19 ON THE MIDDLE EAST & AFRICA    66
5.8.5    IMPACT OF COVID-19 ON SOUTH AMERICA    66
5.9    VALUE CHAIN ANALYSIS    67
FIGURE 22    MIRROR COATINGS MARKET: VALUE CHAIN ANALYSIS    67
5.10    PRICING ANALYSIS    67
FIGURE 23    AVERAGE PRICE COMPETITIVENESS IN MIRROR COATINGS MARKET, BY REGION    68
5.11    PAINTS & COATINGS ECOSYSTEM AND INTERCONNECTED MARKETS    68
FIGURE 24    PAINTS & COATINGS: ECOSYSTEM    68
5.12    EXPORT-IMPORT TRADE STATISTICS    69
5.12.1    TOP EXPORTERS OF GLASS MIRRORS, 2019    69
5.12.2    TOP IMPORTERS OF GLASS MIRRORS, 2019    69
5.12.3    TARIFFS    69
5.12.4    COUNTRIES WITH HIGHEST IMPORT TARIFFS, 2018    69
5.13    REGULATIONS    70
5.13.1    IATF 16949    70
5.13.2    ISO 9001    70
5.14    PATENT ANALYSIS    70
5.14.1    METHODOLOGY    70
5.14.2    PUBLICATION TRENDS    71
FIGURE 25    NUMBER OF PATENTS PUBLISHED, 2015-2021    71
5.14.3    TOP JURISDICTION    71
FIGURE 26    PATENTS PUBLISHED BY JURISDICTION, 2015-2021    71
5.14.4    TOP APPLICANTS    72
FIGURE 27    PATENTS PUBLISHED BY MAJOR APPLICANTS, 2015-2021    72
TABLE 5    RECENT PATENTS BY OWNERS    72
5.15    CASE STUDY ANALYSIS    73
5.16    TECHNOLOGY ANALYSIS    75
6    MIRROR COATINGS MARKET, BY RESIN TYPE    76
6.1    INTRODUCTION    77
TABLE 6    MIRROR COATINGS MARKET SIZE, BY RESIN TYPE,
2016–2019 (USD MILLION)    77
TABLE 7    MIRROR COATINGS MARKET SIZE, BY RESIN TYPE,
2020–2026 (USD MILLION)    77
TABLE 8    MIRROR COATINGS MARKET SIZE, BY RESIN TYPE, 2016–2019 (TON)    77
TABLE 9    MIRROR COATINGS MARKET SIZE, BY RESIN TYPE, 2020–2026 (TON)    78
6.2    POLYURETHANE    78
6.2.1    POLYURETHANE ENABLES A COATING SOLUTION WHICH CAN BE USED FOR ALL MARKET END USES    78
TABLE 10    POLYURETHANE RESIN MARKET SIZE IN MIRROR COATINGS, BY REGION,  2016–2019 (USD MILLION)    79
TABLE 11    POLYURETHANE RESIN MARKET SIZE IN MIRROR COATINGS, BY REGION,  2020–2026 (USD MILLION)    79
TABLE 12    POLYURETHANE RESIN MARKET SIZE IN MIRROR COATINGS, BY REGION,  2016–2019 (TON)    79
TABLE 13    POLYURETHANE RESIN MARKET SIZE IN MIRROR COATINGS, BY REGION,  2020–2026 (TON)    80
6.3    EPOXY    80
6.3.1    OUTSTANDING MECHANICAL PROPERTIES ARE LEADING TO MARKET GROWTH    80
TABLE 14    EPOXY RESIN MARKET SIZE IN MIRROR COATINGS, BY REGION,  
2016–2019 (USD MILLION)    81
TABLE 15    EPOXY RESIN MARKET SIZE IN MIRROR COATINGS, BY REGION,  
2020–2026 (USD MILLION)    81
TABLE 16    EPOXY RESIN MARKET SIZE IN MIRROR COATINGS, BY REGION,
2016–2019 (TON)    81
TABLE 17    EPOXY RESIN MARKET SIZE IN MIRROR COATINGS, BY REGION,
2020–2026 (TON)    82
6.3.2    ACRYLIC    82
6.3.2.1    Low weight and shatter resistance makes it a preferred choice for various industries    82
TABLE 18    ACRYLIC RESIN MARKET SIZE IN MIRROR COATINGS, BY REGION,
 2016–2019 (USD MILLION)    83
TABLE 19    ACRYLIC RESIN MARKET SIZE IN MIRROR COATINGS, BY REGION,  
2020–2026 (USD MILLION)    83
TABLE 20    ACRYLIC RESIN MARKET SIZE IN MIRROR COATINGS, BY REGION,
2016–2019 (TON)    83
TABLE 21    ACRYLIC RESIN MARKET SIZE IN MIRROR COATINGS, BY REGION,
2020–2026 (TON)    84
6.3.3    OTHER RESINS    84
6.3.3.1    Alkyd resins    84
6.3.3.2    Silicone    85
TABLE 22    OTHER RESINS MARKET SIZE IN MIRROR COATINGS, BY REGION,  
2016–2019 (USD MILLION)    85
TABLE 23    OTHER RESINS MARKET SIZE IN MIRROR COATINGS, BY REGION,  
2020–2026 (USD MILLION)    85
TABLE 24    OTHER RESINS MARKET SIZE IN MIRROR COATINGS, BY REGION,
2016–2019 (TON)    86
TABLE 25    OTHER RESINS MARKET SIZE IN MIRROR COATINGS, BY REGION,
2020–2026 (TON)    86
7    MIRROR COATINGS MARKET, BY TECHNOLOGY    87
7.1    INTRODUCTION    88
TABLE 26    MIRROR COATINGS MARKET SIZE, BY TECHNOLOGY,
2016–2019 (USD MILLION)    88
TABLE 27    MIRROR COATINGS MARKET SIZE, BY TECHNOLOGY,
2020–2026 (USD MILLION)    88
TABLE 28    MIRROR COATINGS MARKET SIZE, BY TECHNOLOGY, 2016–2019 (TON)    88
TABLE 29    MIRROR COATINGS MARKET SIZE, BY TECHNOLOGY, 2020–2026 (TON)    89
7.2    WATER-BASED COATINGS    89
7.2.1    THE QUALITY AND STRENGTH OF COATINGS MANUFACTURED USING THE WATER-BASED TECHNOLOGY DEPEND UPON THE USE OF RAW MATERIALS    89
7.2.2    ADVANTAGES OF WATER-BASED COATINGS    89
TABLE 30    WATER-BASED COATINGS MARKET SIZE IN MIRROR COATINGS, BY REGION,  2016–2019 (USD MILLION)    90
TABLE 31    WATER-BASED COATINGS MARKET SIZE IN MIRROR COATINGS, BY REGION,  2020–2026 (USD MILLION)    90
TABLE 32    WATER-BASED COATINGS MARKET SIZE IN MIRROR COATINGS, BY REGION,  2016–2019 (TON)    90
TABLE 33    WATER-BASED COATINGS MARKET SIZE IN MIRROR COATINGS, BY REGION,  2020–2026 (TON)    91
7.3    SOLVENT-BASED COATINGS    91
7.3.1    SOLVENT-BASED COATINGS ARE MORE FLEXIBLE THAN WATER-BASED COATINGS DURING THE CURING PROCESS    91
TABLE 34    SOLVENT-BASED COATINGS MARKET SIZE IN MIRROR COATINGS, BY REGION,  2016–2019 (USD MILLION)    91
TABLE 35    SOLVENT-BASED COATINGS MARKET SIZE IN MIRROR COATINGS, BY REGION,  2020–2026 (USD MILLION)    92
TABLE 36    SOLVENT-BASED COATINGS MARKET SIZE IN MIRROR COATINGS, BY REGION,  2016–2019 (TON)    92
TABLE 37    SOLVENT-BASED COATINGS MARKET SIZE IN MIRROR COATINGS, BY REGION,  2020–2026 (TON)    92
7.4    NANOTECHNOLOGY-BASED COATINGS    93
7.4.1    USE OF NANOTECHNOLOGY-BASED COATINGS ALSO RESULTS IN PERFORMANCE ENHANCEMENTS AND WEAR AND FATIGUE RESISTANCE    93
TABLE 38    NANOTECHNOLOGY-BASED COATINGS MARKET SIZE IN MIRROR COATINGS, BY REGION, 2016–2019 (USD MILLION)    93
TABLE 39    NANOTECHNOLOGY-BASED COATINGS MARKET SIZE IN MIRROR COATINGS, BY REGION, 2020–2026 (USD MILLION)    94
TABLE 40    NANOTECHNOLOGY-BASED COATINGS MARKET SIZE IN MIRROR COATINGS, BY REGION, 2016–2019 (TON)    94
TABLE 41    NANOTECHNOLOGY-BASED COATINGS MARKET SIZE IN MIRROR COATINGS,  2020–2026 (TON)    94
8    MIRROR COATINGS MARKET, BY SUBSTRATE    95
8.1    INTRODUCTION    96
TABLE 42    MIRROR COATINGS MARKET SIZE, BY SUBSTRATE,
2016–2019 (USD MILLION)    96
TABLE 43    MIRROR COATINGS MARKET SIZE, BY SUBSTRATE,
2020–2026 (USD MILLION)    96
TABLE 44    MIRROR COATINGS MARKET SIZE, BY SUBSTRATE, 2016–2019 (TON)    96
TABLE 45    MIRROR COATINGS MARKET SIZE, BY SUBSTRATE, 2020–2026 (TON)    97
8.2    SILVER-BASED MIRROR COATINGS    97
8.2.1    SILVER-BASED MIRRORS ARE MORE REFLECTIVE THAN ALUMINUM AND PREFERRED DUE TO THIS PROPERTY    97
TABLE 46    SILVER-BASED COATINGS MARKET SIZE IN MIRROR COATINGS, BY REGION,  2016–2019 (USD MILLION)    97
TABLE 47    SILVER-BASED COATINGS MARKET SIZE IN MIRROR COATINGS, BY REGION,  2020–2026 (USD MILLION)    98
TABLE 48    SILVER-BASED COATINGS MARKET SIZE IN MIRROR COATINGS, BY REGION,  2016–2019 (TON)    98
TABLE 49    SILVER-BASED COATINGS MARKET SIZE IN MIRROR COATINGS, BY REGION,  2020–2026 (TON)    98
8.3    ALUMINUM-BASED MIRROR COATINGS    99
8.3.1    ALUMINUM-BASED MIRROR COATING HAS A HIGH DEMAND BECAUSE OF ITS HIGH REFLECTANCE IN THE UV AND INFRARED RANGES    99
TABLE 50    ALUMINUM-BASED COATINGS MARKET SIZE IN MIRROR COATINGS, BY REGION,  2016–2019 (USD MILLION)    99
TABLE 51    ALUMINUM-BASED COATINGS MARKET SIZE IN MIRROR COATINGS, BY REGION,  2020–2026 (USD MILLION)    99
TABLE 52    ALUMINUM-BASED COATINGS MARKET SIZE IN MIRROR COATINGS, BY REGION,  2016–2019 (TON)    100
TABLE 53    ALUMINUM-BASED COATINGS MARKET SIZE IN MIRROR COATINGS, BY REGION,  2020–2026 (TON)    100
8.4    OTHER MIRROR COATINGS    100
TABLE 54    OTHER COATINGS MARKET SIZE IN MIRROR COATINGS, BY REGION,  
2016–2019 (USD MILLION)    100
TABLE 55    OTHER COATINGS MARKET SIZE IN MIRROR COATINGS, BY REGION,
 2020–2026 (USD MILLION)    101
TABLE 56    OTHER COATINGS MARKET SIZE IN MIRROR COATINGS, BY REGION,
2016–2019 (TON)    101
TABLE 57    OTHER COATINGS MARKET SIZE IN MIRROR COATINGS, BY REGION,
 2020–2026 (TON)    101
9    MIRROR COATINGS MARKET, BY END-USE INDUSTRY    102
9.1    INTRODUCTION    103
TABLE 58    MIRROR COATINGS MARKET SIZE, BY END-USE INDUSTRY,
 2016–2019 (USD MILLION)    103
TABLE 59    MIRROR COATINGS MARKET SIZE, BY END-USE INDUSTRY,
2020–2026 (USD MILLION)    103
TABLE 60    MIRROR COATINGS MARKET SIZE, BY END-USE INDUSTRY,
2016–2019 (TON)    103
TABLE 61    MIRROR COATINGS MARKET SIZE, BY END-USE INDUSTRY,
2020–2026 (TON)    104
9.2    ARCHITECTURAL    104
9.2.1    INCREASE IN THE USE OF MIRRORS IN THE ARCHITECTURAL INDUSTRY IS LEADING TO MARKET GROWTH    104
TABLE 62    ARCHITECTURAL MARKET SIZE IN MIRROR COATINGS, BY REGION,  
2016–2019 (USD MILLION)    105
TABLE 63    ARCHITECTURAL MARKET SIZE IN MIRROR COATINGS, BY REGION,  
2020–2026 (USD MILLION)    105
TABLE 64    ARCHITECTURAL MARKET SIZE IN MIRROR COATINGS, BY REGION,
2016–2019 (TON)    105
TABLE 65    ARCHITECTURAL MARKET SIZE IN MIRROR COATINGS, BY REGION,
2020–2026 (TON)    106
9.3    AUTOMOTIVE & TRANSPORTATION    106
9.3.1    GROWTH IN SALES OF CARS AND HIGH DEPENDENCE UPON THE MIRROR IS ACCOUNTING FOR A MAJOR SHARE OF THE MARKET    106
TABLE 66    AUTOMOTIVE & TRANSPORTATION MARKET SIZE IN MIRROR COATINGS, BY REGION, 2016–2019 (USD MILLION)    107
TABLE 67    AUTOMOTIVE & TRANSPORTATION MARKET SIZE IN MIRROR COATINGS, BY REGION, 2020–2026 (USD MILLION)    107
TABLE 68    AUTOMOTIVE & TRANSPORTATION MARKET SIZE IN MIRROR COATINGS, BY REGION, 2016–2019 (TON)    107
TABLE 69    AUTOMOTIVE & TRANSPORTATION MARKET SIZE IN MIRROR COATINGS, BY REGION, 2020–2026 (TON)    108
9.4    DECORATIVE    108
9.4.1    THE ILLUSION OF OPENNESS IN SMALL SPACES IS INCREASING THE USAGE OF DECORATIVE MIRRORS    108
TABLE 70    DECORATIVE MARKET SIZE IN MIRROR COATINGS, BY REGION,  
2016–2019 (USD MILLION)    109
TABLE 71    DECORATIVE MARKET SIZE IN MIRROR COATINGS, BY REGION,  
2020–2026 (USD MILLION)    109
TABLE 72    DECORATIVE MARKET SIZE IN MIRROR COATINGS, BY REGION,
2016–2019 (TON)    109
TABLE 73    DECORATIVE MARKET SIZE IN MIRROR COATINGS, BY REGION,
2020–2026 (TON)    110
9.5    SOLAR POWER    110
9.5.1    USE OF MIRROR COATINGS HAS BROUGHT THE ERA DEFINING REVOLUTIONARY CHANGE    110
9.5.2    CONCENTRATED SOLAR POWER SYSTEMS    110
9.5.3    CSP CONSIDERATIONS    111
TABLE 74    CSP GLOBAL CAPACITIES AND ADDITIONS, 2020 (MW)    112
TABLE 75    CSP VS. PV TECHNOLOGY    113
TABLE 76    SOLAR POWER MARKET SIZE IN MIRROR COATINGS, BY REGION,  
2016–2019 (USD MILLION)    113
TABLE 77    SOLAR POWER MARKET SIZE IN MIRROR COATINGS, BY REGION,  
2020–2026 (USD MILLION)    113
TABLE 78    SOLAR POWER MARKET SIZE IN MIRROR COATINGS, BY REGION,
2016–2019 (TON)    114
TABLE 79    SOLAR POWER MARKET SIZE IN MIRROR COATINGS, BY REGION,
2020–2026 (TON)    114
9.6    OTHER END-USE INDUSTRIES    114
TABLE 80    OTHER END-USE INDUSTRIES MARKET SIZE IN MIRROR COATINGS, BY REGION,  2016–2019 (USD MILLION)    114
TABLE 81    OTHER END-USE INDUSTRIES MARKET SIZE IN MIRROR COATINGS, BY REGION,  2020–2026 (USD MILLION)    115
TABLE 82    OTHER END-USE INDUSTRIES MARKET SIZE IN MIRROR COATINGS, BY REGION,  2016–2019 (TON)    115
TABLE 83    OTHER END-USE INDUSTRIES MARKET SIZE IN MIRROR COATINGS, BY REGION,  2020–2026 (TON)    115
10    MIRROR COATINGS MARKET, BY REGION    116
10.1    INTRODUCTION    117
TABLE 84    MIRROR COATINGS MARKET SIZE, BY REGION, 2016–2019 (USD MILLION)    117
TABLE 85    MIRROR COATINGS MARKET SIZE, BY REGION, 2020–2026 (USD MILLION)    117
TABLE 86    MIRROR COATINGS MARKET SIZE, BY REGION, 2016–2019 (TON)    118
TABLE 87    MIRROR COATINGS MARKET SIZE, BY REGION, 2020–2026 (TON)    118
10.2    APAC    119
10.2.1    IMPACT OF COVID-19 ON THE APAC    119
FIGURE 28    APAC: SNAPSHOT    120
TABLE 88    APAC: MIRROR COATINGS MARKET SIZE, BY COUNTRY,
2016–2019 (USD MILLION)    121
TABLE 89    APAC: MIRROR COATINGS MARKET SIZE, BY COUNTRY,
2020–2026 (USD MILLION)    121
TABLE 90    APAC: MIRROR COATINGS MARKET SIZE, BY COUNTRY, 2016–2019 (TON)    121
TABLE 91    APAC: MIRROR COATINGS MARKET SIZE, BY COUNTRY, 2020–2026 (TON)    122
TABLE 92    APAC: MIRROR COATINGS MARKET SIZE, BY RESIN TYPE,
 2016–2019 (USD MILLION)    122
TABLE 93    APAC: MIRROR COATINGS MARKET SIZE, BY RESIN TYPE,
2020–2026 (USD MILLION)    122
TABLE 94    APAC: MIRROR COATINGS MARKET SIZE, BY RESIN TYPE, 2016–2019 (TON)    122
TABLE 95    APAC: MIRROR COATINGS MARKET SIZE, BY RESIN TYPE, 2020–2026 (TON)    123
TABLE 96    APAC: MIRROR COATINGS MARKET SIZE, BY TECHNOLOGY,
 2016–2019 (USD MILLION)    123
TABLE 97    APAC: MIRROR COATINGS MARKET SIZE, BY TECHNOLOGY,
2020–2026 (USD MILLION)    123
TABLE 98    APAC: MIRROR COATINGS MARKET SIZE, BY TECHNOLOGY,
 2016–2019 (TON)    123
TABLE 99    APAC: MIRROR COATINGS MARKET SIZE, BY TECHNOLOGY,
 2020–2026 (TON)    124
TABLE 100    APAC: MIRROR COATINGS MARKET SIZE, BY SUBSTRATE,
 2016–2019 (USD MILLION)    124
TABLE 101    APAC: MIRROR COATINGS MARKET SIZE, BY SUBSTRATE,
2020–2026 (USD MILLION)    124
TABLE 102    APAC: MIRROR COATINGS MARKET SIZE, BY SUBSTRATE, 2016–2019 (TON)    124
TABLE 103    APAC: MIRROR COATINGS MARKET SIZE, BY SUBSTRATE, 2020–2026 (TON)    125
TABLE 104    APAC: MIRROR COATINGS MARKET SIZE, BY END-USE INDUSTRY,  
2016–2019 (USD MILLION)    125
TABLE 105    APAC: MIRROR COATINGS MARKET SIZE, BY END-USE INDUSTRY,  
2020–2026 (USD MILLION)    125
TABLE 106    APAC: MIRROR COATINGS MARKET SIZE, BY END-USE INDUSTRY,
 2016–2019 (TON)    125
TABLE 107    APAC: MIRROR COATINGS MARKET SIZE, BY END-USE INDUSTRY,
2020–2026 (TON)    126
10.2.2    CHINA    126
10.2.2.1    Growing industries to drive market    126
10.2.3    JAPAN    127
10.2.3.1    Government initiatives to increase the use of renewable energy sources is helping growth of the mirror coatings market    127
10.2.4    SOUTH KOREA    128
10.2.4.1    Automotive and electronics industries to support market growth    128
10.2.5    MALAYSIA    129
10.2.5.1    Significant auto manufacturing hub to boost demand    129
10.2.6    INDIA    129
10.2.6.1    Government initiatives to help grow end-use industries    129
10.2.7    TAIWAN    130
10.2.7.1    Capacities of solar power plants are increasing and helping boost the mirror coatings market    130
10.2.8    VIETNAM    130
10.2.8.1    Growing construction industry and urbanization    130
10.2.9    REST OF APAC    131
10.3    NORTH AMERICA    131
10.3.1    IMPACT OF COVID-19 ON NORTH AMERICA    131
FIGURE 29    NORTH AMERICA: SNAPSHOT    132
TABLE 108    NORTH AMERICA: MIRROR COATINGS MARKET SIZE, BY COUNTRY,
 2016–2019 (USD MILLION)    132
TABLE 109    NORTH AMERICA: MIRROR COATINGS MARKET SIZE, BY COUNTRY,  
2020–2026 (USD MILLION)    133
TABLE 110    NORTH AMERICA: MIRROR COATINGS MARKET SIZE, BY COUNTRY,
2016–2019 (TON)    133
TABLE 111    NORTH AMERICA: MIRROR COATINGS MARKET SIZE, BY COUNTRY,
2020–2026 (TON)    133
TABLE 112    NORTH AMERICA: MIRROR COATINGS MARKET SIZE, BY RESIN TYPE,  
2016–2019 (USD MILLION)    133
TABLE 113    NORTH AMERICA: MIRROR COATINGS MARKET SIZE, BY RESIN TYPE,  
2020–2026 (USD MILLION)    134
TABLE 114    NORTH AMERICA: MIRROR COATINGS MARKET SIZE, BY RESIN TYPE,
2016–2019 (TON)    134
TABLE 115    NORTH AMERICA: MIRROR COATINGS MARKET SIZE, BY RESIN TYPE,
2020–2026 (TON)    134
TABLE 116    NORTH AMERICA: MIRROR COATINGS MARKET SIZE, BY TECHNOLOGY,  2016–2019 (USD MILLION)    134
TABLE 117    NORTH AMERICA: MIRROR COATINGS MARKET SIZE, BY TECHNOLOGY,  2020–2026 (USD MILLION)    135
TABLE 118    NORTH AMERICA: MIRROR COATINGS MARKET SIZE, BY TECHNOLOGY,  2016–2019 (TON)    135
TABLE 119    NORTH AMERICA: MIRROR COATINGS MARKET SIZE, BY TECHNOLOGY,  2020–2026 (TON)    135
TABLE 120    NORTH AMERICA: MIRROR COATINGS MARKET SIZE, BY SUBSTRATE,  
2016–2019 (USD MILLION)    135
TABLE 121    NORTH AMERICA: MIRROR COATINGS MARKET SIZE, BY SUBSTRATE,  
2020–2026 (USD MILLION)    136
TABLE 122    NORTH AMERICA: MIRROR COATINGS MARKET SIZE, BY SUBSTRATE,
2016–2019 (TON)    136
TABLE 123    NORTH AMERICA: MIRROR COATINGS MARKET SIZE, BY SUBSTRATE,
2020–2026 (TON)    136
TABLE 124    NORTH AMERICA: MIRROR COATINGS MARKET SIZE, BY END-USE INDUSTRY,  2016–2019 (USD MILLION)    136
TABLE 125    NORTH AMERICA: MIRROR COATINGS MARKET SIZE, BY END-USE INDUSTRY,  2020–2026 (USD MILLION)    137
TABLE 126    NORTH AMERICA: MIRROR COATINGS MARKET SIZE, BY END-USE INDUSTRY,  2016–2019 (TON)    137
TABLE 127    NORTH AMERICA: MIRROR COATINGS MARKET SIZE, BY END-USE INDUSTRY,  2020–2026 (TON)    137
10.3.2    US    138
10.3.2.1    Largest mirror coatings market in North America    138
10.3.3    CANADA    138
10.3.3.1    Increasing automobile production to lead to high demand    138
10.3.4    MEXICO    139
10.3.4.1    Low-cost manufacturing to play a key role in driving the market    139
10.4    EUROPE    140
10.4.1    IMPACT OF COVID-19 ON EUROPE    141
FIGURE 30    EUROPE: SNAPSHOT    142
TABLE 128    EUROPE: MIRROR COATINGS MARKET SIZE, BY COUNTRY,
2016–2019 (USD MILLION)    143
TABLE 129    EUROPE: MIRROR COATINGS MARKET SIZE, BY COUNTRY,
2020–2026 (USD MILLION)    143
TABLE 130    EUROPE: MIRROR COATINGS MARKET SIZE, BY COUNTRY, 2016–2019 (TON)    144
TABLE 131    EUROPE: MIRROR COATINGS MARKET SIZE, BY COUNTRY, 2020–2026 (TON)    144
TABLE 132    EUROPE: MIRROR COATINGS MARKET SIZE, BY RESIN TYPE,
2016–2019 (USD MILLION)    144
TABLE 133    EUROPE: MIRROR COATINGS MARKET SIZE, BY RESIN TYPE,
2020–2026 (USD MILLION)    145
TABLE 134    EUROPE: MIRROR COATINGS MARKET SIZE, BY RESIN TYPE,
2016–2019 (TON)    145
TABLE 135    EUROPE: MIRROR COATINGS MARKET SIZE, BY RESIN TYPE,
2020–2026 (TON)    145
TABLE 136    EUROPE: MIRROR COATINGS MARKET SIZE, BY TECHNOLOGY,
 2016–2019 (USD MILLION)    145
TABLE 137    EUROPE: MIRROR COATINGS MARKET SIZE, BY TECHNOLOGY,  
2020–2026 (USD MILLION)    146
TABLE 138    EUROPE: MIRROR COATINGS MARKET SIZE, BY TECHNOLOGY,
 2016–2019 (TON)    146
TABLE 139    EUROPE: MIRROR COATINGS MARKET SIZE, BY TECHNOLOGY,
 2020–2026 (TON)    146
TABLE 140    EUROPE: MIRROR COATINGS MARKET SIZE, BY SUBSTRATE,
2016–2019 (USD MILLION)    146
TABLE 141    EUROPE: MIRROR COATINGS MARKET SIZE, BY SUBSTRATE,
2020–2026 (USD MILLION)    147
TABLE 142    EUROPE: MIRROR COATINGS MARKET SIZE, BY SUBSTRATE,
2016–2019 (TON)    147
TABLE 143    EUROPE: MIRROR COATING MARKET SIZE, BY SUBSTRATE,
2020–2026 (TON)    147
TABLE 144    EUROPE: MIRROR COATINGS MARKET SIZE, BY END-USE INDUSTRY,  
2016–2019 (USD MILLION)    147
TABLE 145    EUROPE: MIRROR COATINGS MARKET SIZE, BY END-USE INDUSTRY,  
2020–2026 (USD MILLION)    148
TABLE 146    EUROPE: MIRROR COATINGS MARKET SIZE, BY END-USE INDUSTRY,
2016–2019 (TON)    148
TABLE 147    EUROPE: MIRROR COATINGS MARKET SIZE, BY END-USE INDUSTRY,
2020–2026 (TON)    148
10.4.2    GERMANY    149
10.4.2.1    Industrial production hub is making it a major market for mirror coatings    149
10.4.3    FRANCE    149
10.4.3.1    COVID-19 has impacted industries and they are in the stages of recovery    149
10.4.4    ITALY    150
10.4.4.1    Increasing automobile production and exports to drive demand    150
10.4.5    UK    151
10.4.5.1    Strong presence in the automotive market is boosting the mirror coatings market    151
10.4.6    TURKEY    151
10.4.6.1    Growth in public and private infrastructure projects driving the market    151
10.4.7    NETHERLANDS    152
10.4.7.1    Increased investments on the development of industries    152
10.4.8    BELGIUM    152
10.4.8.1    The establishment of multinational firms is driving the market    152
10.4.9    SPAIN    153
10.4.9.1    Large automotive sector to lead to market growth    153
10.4.10    REST OF EUROPE    153
10.5    SOUTH AMERICA    154
10.5.1    IMPACT OF COVID-19 ON SOUTH AMERICA    154
TABLE 148    SOUTH AMERICA: MIRROR COATINGS MARKET SIZE, BY COUNTRY,  
2016–2019 (USD MILLION)    154
TABLE 149    SOUTH AMERICA: MIRROR COATINGS MARKET SIZE, BY COUNTRY,  
2020–2026 (USD MILLION)    154
TABLE 150    SOUTH AMERICA: MIRROR COATINGS MARKET SIZE, BY COUNTRY,
2016–2019 (TON)    155
TABLE 151    SOUTH AMERICA: MIRROR COATINGS MARKET SIZE, BY COUNTRY,
2020–2026 (TON)    155
TABLE 152    SOUTH AMERICA: MIRROR COATINGS MARKET SIZE, BY RESIN TYPE,  
2016–2019 (USD MILLION)    155
TABLE 153    SOUTH AMERICA: MIRROR COATINGS MARKET SIZE, BY RESIN TYPE,  
2020–2026 (USD MILLION)    155
TABLE 154    SOUTH AMERICA: MIRROR COATINGS MARKET SIZE, BY RESIN TYPE,
2016–2019 (TON)    156
TABLE 155    SOUTH AMERICA: MIRROR COATINGS MARKET SIZE, BY RESIN TYPE,
2020–2026 (TON)    156
TABLE 156    SOUTH AMERICA: MIRROR COATINGS MARKET SIZE, BY TECHNOLOGY,  2016–2019 (USD MILLION)    156
TABLE 157    SOUTH AMERICA: MIRROR COATINGS MARKET SIZE, BY TECHNOLOGY,  2020–2026 (USD MILLION)    156
TABLE 158    SOUTH AMERICA: MIRROR COATINGS MARKET SIZE, BY TECHNOLOGY,  2016–2019 (TON)    157
TABLE 159    SOUTH AMERICA: MIRROR COATINGS MARKET SIZE, BY TECHNOLOGY,  2020–2026 (TON)    157
TABLE 160    SOUTH AMERICA: MIRROR COATINGS MARKET SIZE, BY SUBSTRATE,  
2016–2019 (USD MILLION)    157
TABLE 161    SOUTH AMERICA: MIRROR COATINGS MARKET SIZE, BY SUBSTRATE,
 2020–2026 (USD MILLION)    157
TABLE 162    SOUTH AMERICA: MIRROR COATINGS MARKET SIZE, BY SUBSTRATE,
2016–2019 (TON)    158
TABLE 163    SOUTH AMERICA: MIRROR COATINGS MARKET SIZE, BY SUBSTRATE,
2020–2026 (TON)    158
TABLE 164    SOUTH AMERICA: MIRROR COATINGS MARKET SIZE, BY END-USE INDUSTRY,  2016–2019 (USD MILLION)    158
TABLE 165    SOUTH AMERICA: MIRROR COATINGS MARKET SIZE, BY END-USE INDUSTRY,  2020–2026 (USD MILLION)    158
TABLE 166    SOUTH AMERICA: MIRROR COATINGS MARKET SIZE, BY END-USE INDUSTRY,  2016–2019 (TON)    159
TABLE 167    SOUTH AMERICA: MIRROR COATINGS MARKET SIZE, BY END-USE INDUSTRY,  2020–2026 (TON)    159
10.5.2    BRAZIL    159
10.5.2.1    Emerging economy and growth in automotive industry to fuel the market    159
10.5.3    ARGENTINA    160
10.5.3.1    Increase in affordability and demand for modernization is leading to market growth    160
10.5.4    REST OF SOUTH AMERICA    160
10.6    MIDDLE EAST & AFRICA    161
10.6.1    IMPACT OF COVID-19 ON THE MIDDLE EAST & AFRICA    161
TABLE 168    MIDDLE EAST & AFRICA: MIRROR COATINGS MARKET SIZE, BY COUNTRY,  2016–2019 (USD MILLION)    162
TABLE 169    MIDDLE EAST & AFRICA: MIRROR COATINGS MARKET SIZE, BY COUNTRY,  2020–2026 (USD MILLION)    162
TABLE 170    MIDDLE EAST & AFRICA: MIRROR COATINGS MARKET SIZE, BY COUNTRY,  2016–2019 (TON)    162
TABLE 171    MIDDLE EAST & AFRICA: MIRROR COATINGS MARKET SIZE, BY COUNTRY,  2020–2026 (TON)    162
TABLE 172    MIDDLE EAST & AFRICA: MIRROR COATINGS MARKET SIZE, BY RESIN TYPE,  2016–2019 (USD MILLION)    163
TABLE 173    MIDDLE EAST & AFRICA: MIRROR COATINGS MARKET SIZE, BY RESIN TYPE,  2020–2026 (USD MILLION)    163
TABLE 174    MIDDLE EAST & AFRICA: MIRROR COATINGS MARKET SIZE, BY RESIN TYPE,  2016–2019 (TON)    163
TABLE 175    MIDDLE EAST & AFRICA: MIRROR COATINGS MARKET SIZE, BY RESIN TYPE,  2020–2026 (TON)    163
TABLE 176    MIDDLE EAST & AFRICA: MIRROR COATINGS MARKET SIZE, BY TECHNOLOGY,  2016–2019 (USD MILLION)    164
TABLE 177    MIDDLE EAST & AFRICA: MIRROR COATINGS MARKET SIZE, BY TECHNOLOGY,  2020–2026 (USD MILLION)    164
TABLE 178    MIDDLE EAST & AFRICA: MIRROR COATINGS MARKET SIZE, BY TECHNOLOGY,  2016–2019 (TON)    164
TABLE 179    MIDDLE EAST & AFRICA: MIRROR COATINGS MARKET SIZE, BY TECHNOLOGY,  2020–2026 (TON)    164
TABLE 180    MIDDLE EAST & AFRICA: MIRROR COATINGS MARKET SIZE, BY SUBSTRATE,  2016–2019 (USD MILLION)    165
TABLE 181    MIDDLE EAST & AFRICA: MIRROR COATINGS MARKET SIZE, BY SUBSTRATE,  2020–2026 (USD MILLION)    165
TABLE 182    MIDDLE EAST & AFRICA: MIRROR COATINGS MARKET SIZE, BY SUBSTRATE,  2016–2019 (TON)    165
TABLE 183    MIDDLE EAST & AFRICA: MIRROR COATINGS MARKET SIZE, BY SUBSTRATE,  2020–2026 (TON)    165
TABLE 184    MIDDLE EAST & AFRICA: MIRROR COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (USD MILLION)    166
TABLE 185    MIDDLE EAST & AFRICA: MIRROR COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2020–2026 (USD MILLION)    166
TABLE 186    MIDDLE EAST & AFRICA: MIRROR COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (TON)    166
TABLE 187    MIDDLE EAST & AFRICA: MIRROR COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2020–2026 (TON)    167
10.6.2    SOUTH AFRICA    167
10.6.2.1    Automotive industry to boost demand    167
10.6.3    SAUDI ARABIA    167
10.6.3.1    Saudi Arabia is investing significantly in upgrading infrastructure    167
10.6.4    UAE    168
10.6.4.1    Infrastructure development to boost the coatings demand    168
10.6.5    REST OF MIDDLE EAST & AFRICA    168
11    COMPETITIVE LANDSCAPE    169
11.1    COMPETITIVE SCENARIO    169
11.1.1    OVERVIEW OF STRATEGIES ADOPTED BY KEY MIRROR COATINGS PLAYERS    169
11.2    COMPETITIVE SCENARIO    170
11.2.1    MARKET EVALUATION MATRIX    170
TABLE 188    COMPANY FOOTPRINT    170
TABLE 189    COMPANY INDUSTRY FOOTPRINT    170
TABLE 190    COMPANY REGION FOOTPRINT    171
11.3    COMPANY EVALUATION QUADRANT    171
11.3.1    STARS    171
11.3.2    EMERGING LEADERS    171
11.3.3    PERVASIVE    171
11.3.4    EMERGING COMPANIES    171
FIGURE 31    MIRROR COATINGS MARKET (GLOBAL): COMPETITIVE LEADERSHIP MAPPING, 2020    172
11.4    STRENGTH OF PRODUCT PORTFOLIO    173
FIGURE 32    PRODUCT PORTFOLIO ANALYSIS OF TOP PLAYERS IN MIRROR COATINGS MARKET    173
11.5    MARKET RANKING    173
11.5.1    MARKET RANKING OF KEY PLAYERS (2010)    174
11.6    COMPETITIVE SITUATIONS AND TRENDS    174
11.6.1    MERGERS & ACQUISITIONS    174
TABLE 191    MERGERS & ACQUISITIONS, 2014–2021    174
11.6.2    JOINT VENTURES AND PARTNERSHIPS    175
TABLE 192    JOINT VENTURES AND PARTNERSHIPS, 2014–2021    175
12    COMPANY PROFILES    176
12.1    KEY PLAYERS    176
(Business overview, Products offered, MnM view, Right to win, Strategic choices made, and Weaknesses and competitive threats)*
12.1.1    FENZI GROUP    176
TABLE 193    FENZI GROUP: BUSINESS OVERVIEW    176
TABLE 194    FENZI GROUP: OTHERS    177
12.1.2    TIANJIN XIN LIHUA COLOR MATERIALS CO., LTD (NBC)    178
TABLE 195    TIANJIN XIN LIHUA COLOR MATERIALS CO. LTD (NBC): BUSINESS OVERVIEW    178
12.1.3    THE SHERWIN-WILLIAMS COMPANY    179
TABLE 196    THE SHERWIN-WILLIAMS COMPANY: BUSINESS OVERVIEW    179
TABLE 197    THE SHERWIN WILLIAMS COMPANY: DEALS    179
12.1.4    CASIX    181
TABLE 198    CASIX: BUSINESS OVERVIEW    181
12.1.5    FERRO CORPORATION    182
TABLE 199    FERRO CORPORATION: BUSINESS OVERVIEW    182
FIGURE 33    FERRO CORPORATION: COMPANY SNAPSHOT    183
TABLE 200    FERRO CORPORATION: DEALS    183
12.1.6    GLAS TRÖSCH HOLDING AG    185
TABLE 201    GLAS TRÖSCH HOLDING AG: BUSINESS OVERVIEW    185
12.1.7    GENERAL OPTICS (ASIA) LIMITED    187
TABLE 202    GENERAL OPTICS (ASIA) LIMITED: BUSINESS OVERVIEW    187
12.1.8    NEWPORT THIN FILM LABORATORY (NTFL)    188
TABLE 203    NEWPORT THIN FILM LABORATORY: BUSINESS OVERVIEW    188
12.1.9    GRINCOAT COMPANY LTD.    189
TABLE 204    GRINCOAT COMPANY LTD.: BUSINESS OVERVIEW    189
12.1.10    DYNASIL CORPORATION    190
TABLE 205    DYNASIL CORPORATION: BUSINESS OVERVIEW    190
12.1.11    AGC GROUP    191
TABLE 206    AGC GROUP: BUSINESS OVERVIEW    191
12.1.12    EVAPORATED COATINGS, INC.    192
TABLE 207    EVAPORATED COATINGS, INC.: BUSINESS OVERVIEW    192
12.1.13    ACCUCOAT INC.    193
TABLE 208    ACCUCOAT INC: BUSINESS OVERVIEW    193
12.1.14    JENOPTIK AG    194
TABLE 209    JENOPTIK AG: BUSINESS OVERVIEW    194
TABLE 210    JENOPTIK AG: DEALS    194
12.1.15    ASML BERLIN (BERLINER GLAS)    195
TABLE 211    ASML BERLIN (BERLINER GLAS): BUSINESS OVERVIEW    195
TABLE 212    ASML BERLIN (BERLINER GLAS): DEALS    195
12.1.16    GUARDIAN INDUSTRIES    196
TABLE 213    GUARDIAN INDUSTRIES: BUSINESS OVERVIEW    196
12.1.17    JML OPTICAL    197
TABLE 214    JML OPTICAL: BUSINESS OVERVIEW    197
12.1.18    THE MADER GROUP    198
TABLE 215    THE MADER GROUP: BUSINESS OVERVIEW    198
12.1.19    OPHIR OPTICS GROUP    199
TABLE 216    OPHIR OPTICS GROUP: BUSINESS OVERVIEW    199
12.1.20    SAINT-GOBAIN    200
TABLE 217    SAINT GOBAIN: BUSINESS OVERVIEW    200
*Details on Business overview, Products offered, MnM view, Right to win, Strategic choices made, and Weaknesses and competitive threats might not be captured in case of unlisted companies.
13    APPENDIX    201
13.1    INSIGHTS FROM INDUSTRY EXPERTS    201
13.2    DISCUSSION GUIDE    202
13.3    KNOWLEDGE STORE: MARKETSANDMARKETS’  SUBSCRIPTION PORTAL    205
13.4    AVAILABLE CUSTOMIZATIONS    207
13.5    RELATED REPORTS    207
13.6    AUTHOR DETAILS    208"