|
|
(Transportation-News.com, October 31, 2021 ) The mirror coatings market size is expected to reach USD 892.0 millionby 2022, at a CAGR of 7.60% between 2017 and 2022.Mirrorcoatings are used to protect substrates, such as silver and aluminum fromabrasion, chemical corrosion, scratching, water-repellent, rusting, and others.The market includes backing paints used in silver and aluminum mirrors. These coatingsare usedinarchitectural, automotive &transportation, decorative, solarpower, and other applications.
Download PDF Brochure at https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=191664369
Acquisitionswasthe major strategyadopted by key players in the mirror coatingsmarketfrom 2014 to 2017.This strategyhelped companies operating in the mirror-coatingsmarket enhance their product portfolios andexpand their global presence. Key companies are also focused on entering new markets by launching technologically advanced eco-friendlymirrorcoatingsfor varied end-use industries. Some of the leading manufacturersof mirrorcoatingsincludeArkema (France), Fenzi (Italy), Ferro Corporation (US), Sherwin-Williams Company (US), Vitro Architectural Glass (Mexico), SunGuard(Guardian Glass) (US), Diamon-Fusion International (US), Pearl Nano (US), Mader (France), Tianjin Xin Lihua Color Materials (China), High Ding Industrial (Grincoat) (Taiwan), and Casix (China).
Sherwin-Williams Companyis a key player in the mirrorcoatingsmarket. The company offersmirrorcoatingsunder their Valspar Mirror Coatings and Solutionsdivision. The company accounted for ashare 70% of the totaldevelopmental activities that took place in the mirrorcoatingsmarket between 2014 and 2017. As a part of itsinorganic growth strategies, the companyis focusedon enhancing its presence globally. For instance, in 2016, Sherwin-Williams acquired Valspar Corporation (US) with an investment of USD 1.3 billion. The acquisition of Valspar increasedSherwin-Williams' geographical reach and revenue in the mirrorcoatings market.
Request Sample of Report at https://www.marketsandmarkets.com/requestsampleNew.asp?id=191664369
Another key player that has established a strong foothold in themirrorcoatingsmarketis Vitro Architectural Glass. Thiscompany concentrates on expanding its customer base through acquisitions. For instance, in October 2016,it successfully acquired the glass coatings business from PPG (US). PPG received approximately USD 740 million in cash proceeds and recorded a pre-tax gain ofUSD 421 million. The acquired business includes PPG’sentire mirrorcoatings manufacturing and glass coatings operations in the US and Canada, which includes four manufacturing plants with a total of five mirrorcoatings furnaces, a research and development center, and four distribution and fabrication facilities in Canada.This strategy has strengthened the Vitro mirrorcoatings business in the North American region.
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
MarketsandMarkets™
Mr. Aashish Mehra
1-888-600-6441
raviraj.tak@marketsandmarkets.com
Source: EmailWire.Com 
Source: EmailWire.com
|
