The UAE mirror coatings market is predicted to grow at a strong CAGR in the next five years, 2017-2027. The market growth can be attributed to the growing application of mirror coatings in commercial and industrial buildings. Mirror coatings reflect sunlight falling on the glass while allowing natural light to pass through. Thus, mirror coatings do not let the heat build up, which helps in keeping buildings cool.
The Important Factors of the united arab emirates Mirror Coatings Market
The emergence of new varieties of mirror coatings by market players, owing to their increasing demand across various end-user industries such as architectural, automotive & transportation, decorative, and solar power is anticipated to fuel the growth of the UAE mirror coatings market in the coming years.
Moreover, the increasing use of mirror coatings for concentrating solar power to produce electricity coupled with the rising need for sustainable and non-toxic mirror coatings is expected to drive the united arab emirates mirror coatings market in the forecast period. Enhanced focus on sustainability and stringent regulations by the government on increasing the use of eco-friendly coatings are driving the demand for low-VOC, green, and sustainable mirror coatings, which is expected to fuel the market growth.
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The united arab emirates mirror coatings market is segmented on the basis of resin type, technology, substrate, application, and region. Based on resin type, the market is divided into polyurethane, epoxy, acrylic, and others. The polyurethane segment is expected to lead the market by 2027, as polyurethane resin-based coatings find widespread use in industrial and architectural coating systems, CSP solar panels, and commercial buildings, to achieve protective coating. Based on the technology, the market is divided into water-based coatings, solvent-based coatings, and nanotechnology-based coatings. The nano coatings segment is estimated to lead the market over the next five years due to an increasing preference for advanced materials in the solar power industry leading to an increase in nanotechnology R&D.
Some of the leading players in the UAE mirror coatings market
- Vitro
- S.A.B. De C.V.
- Ferro
- The Sherwin-Williams
- Fenzi
- Arkema
- Casix
- Glas Trösch
- Mader
- Pearl Nano, etc.
Attribute | Details |
Historic Data | 2017 – 2020 |
Estimated Year | 2022 |
Forecast Period | 2023 – 2027 |
Quantitative Units | Revenue in USD Million, Volume in Units, CAGR for 2017-2021 and 2022-2027 |
Report coverage | Revenue Forecast, Volume Forecast, Company Share, Competitive Landscape, Growth Factors, And Trends |
Segments covered | · By Resin Type
· By Technology · By Substrate · By Application |
Region scope | Dubai, Abu Dhabi, Sharjah, Rest of UAE |
Key companies profiled | Sinopec, Aramco Far East (Beijing) Business Services Company Limited, PetroChina Company Limited |
Customization scope | 10% free report customization with purchase. Addition or alteration to regional & segment scope. |
Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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Report Scope:
In this report, the united arab emirates mirror coatings market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
- UAE Mirror Coatings Market, By Resin Type:
- Polyurethane
- Epoxy
- Acrylic
- Other Types of Resins
- Alkyd
- Silicone
- UAE Mirror Coatings Market, By Technology:
- Water-Based Coatings
- Solvent-Based Coatings
- Nanotechnology-Based Coatings
- united arab emirates Mirror Coatings Market, By Substrate:
- Silver
- Aluminium
- UAE Mirror Coatings Market, By Application:
- Architecture & Construction
- Automotive & Transportation Applications
- Decorative Applications
- Solar Power
- Concentrated Solar Power Systems
- CSP Considerations
- Other Applications
- UAE Mirror Coatings Market, By Region:
- Dubai
- Abu Dhabi
- Sharjah
- Rest of UAE
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the UAE mirror coatings market.