Report Description

Saudi Arabia mirror coatings market is projected to grow at a robust CAGR by 2028, due to the growing government investments in concentrated solar power, wherein the electricity is generated by concentrating the sun’s heat using a mirror coating on a generator. Additionally, the increasing adoption of mirror coatings in commercial & industrial buildings to reflect heat coupled with the rising need of low VOC mirror coatings that are eco-friendly is expected to drive the growth of the market in the next five years. Besides, rapidly increasing demands and use of mirror coatings across various end-user industries such as architecture, automotive, decorative, renewable energy, etc. Rising trend of green and sustainable mirror coatings coupled with increasing stringent regulations to reduce VOCs emissions are anticipated to fuel the market growth. Rapidly growing construction sector and expanding uses of mirror coatings in the solar power industry are expected to aid Saudi Arabia mirror coatings market growth. Research and development activities aimed towards experimenting with various kinds of mirror coatings to improve space exploration technologies is also positively impacting Saudi Arabia mirror coatings market growth in the coming years. Moreover, rising environmental concerns have led to greater adoption of green technologies in construction sector, which is expected to stimulate the market in the coming years.

 

Saudi Arabia mirror coatings market is segmented on the basis of resin type, technology, substrate, company, and geography. Based on resin type, the market is further divided into polyurethane, epoxy, acrylic and others. The polyurethane resin segment holds the largest market share and is expected to maintain its position in the next five years, because polyurethane resin-based coatings are used widely in industrial and architectural coating systems, CSP solar panels and commercial buildings for protection. Based on technology, the market is further fragmented into water-based coatings, solvent-based coatings and nanotechnology-based coatings. The nano coatings segment is anticipated to grow at a high rate by 2028 due to growing preference of advanced materials in the solar power industry and more R&D initiatives towards nanotechnology.

Based on application, the market is sub-divided into architectural applications, automotive & transportation applications, decorative applications, solar power, and others.

 Some of the leading players in the Saudi Arabia Mirror Coatings Market are Vitro, S.A.B. De C.V., Ferro, The Sherwin-Williams, Fenzi, Arkema, Casix, Glas Trösch, Mader, Pearl Nano etc.

Objective of the Study:

  • To analyse and forecast the market size of Saudi Arabia mirror coatings market, in terms of value and volume.
  • To classify and forecast Saudi Arabia mirror coatings market based on resin type, technology, substrate, application and regional distribution.
  • To identify drivers and challenges for Saudi Arabia mirror coatings market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Saudi Arabia mirror coatings market.
  • To conduct the pricing analysis for Saudi Arabia mirror coatings market.
  • To identify and analyse the profile of leading manufacturers involved in the Saudi Arabia mirror coatings market.


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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers in Saudi Arabia. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analysed the offerings, distribution channels and presence of all major manufacturers in Saudi Arabia.

TechSci Research calculated the market size of Saudi Arabia Mirror Coatings Market using a bottom-up approach, where data for various end user industries and its application across various product types were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.

Key Target Audience:

  • Mirror Coatings Manufacturers, Dealers, and Suppliers
  • Coatings Raw Material Suppliers
  • Nano Coating Technology Companies
  • Automotive Companies
  • Solar Panel Manufacturers
  • Regulatory organizations.
  • Research organizations and consulting companies.
  • Chemical Industries.
  • Market research and consulting firms.

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, distributors and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Attribute

Details

Base Year

2022

Historical Years

2018 – 2021

Estimated Year

2023E

Forecast Period

2024F – 2028F

Quantitative Units

Revenue in USD Million, Volume in Units and CAGR for 2018-2022 and 2023E-2028F

Report Coverage

Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

·         Resin Type

·         Technology

·         Substrate

·         Application

Region Scope

Western Region, Central Region, Southern Region, Eastern Region, Northern Region

Key Companies Profiled

Vitro, S.A.B. De C.V., Ferro, The Sherwin-Williams, Fenzi, Arkema, Casix, Glas Trösch, Mader, Pearl Nano.

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)

Report Scope:

In this report, Saudi Arabia Mirror Coatings Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Saudi Arabia Mirror Coatings Market, By Resin Type:
    • Polyurethane
    • Epoxy
    • Acrylic
    • Other Types of Resins
      • Alkyd
      • Silicone
  • Saudi Arabia Mirror Coatings Market, By Technology:
    • Water-Based Coatings
    • Solvent-Based Coatings
    • Nanotechnology-Based Coatings
  • Saudi Arabia Mirror Coatings Market, By Substrate:
    • Silver
    • Aluminium
  • Saudi Arabia Mirror Coatings Market, By Application:
    • Architecture & Construction
    • Automotive & Transportation Applications
    • Decorative Applications
    • Solar Power
      • Concentrated Solar Power Systems
      • CSP Considerations
    • Other Applications
  • Saudi Arabia Mirror Coatings Market, by Region:
    • Northern Region
    • Southern Region
    • Western Region
    • Eastern Region
    • Central Region

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Mirror Coatings Market segment.

Available Customizations:

With the given market data, TechSci Research offers customizations according the company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Profit Margin Analysis

Profit margin analysis in case of direct and indirect sales channel.

Table of content

1.    Product Overview

2.    Research Methodology

3.    Executive Summary

4.    Voice of Customers

4.1.1.     Brand Awareness

4.1.2.     Brand Satisfaction

4.1.3.     Factors Influencing Purchase Decisions

5.    Impact of COVID-19 on Saudi Arabia Mirror Coatings Market

6.    Saudi Arabia Mirror Coatings Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value & Volume

6.2.  Market Share & Forecast

6.2.1.     By Resin Type (Polyurethane, Epoxy, Acrylic and Others)

6.2.2.     By Technology (Water-Based Coatings, Solvent-Based Coatings and Nanotechnology-Based Coatings)

6.2.3.     By Substrate (Silver, Aluminium and Others)

6.2.4.     By Application (Architectural Applications, Automotive & Transportation Applications, Decorative Applications, Solar Power and Others)

6.2.5.     By Company (2022)      

6.2.6.     By Region

6.3.  Market Attractiveness Index

7.    Saudi Arabia Polyurethane Resin Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value & Volume

7.2.  Market Share & Forecast

7.2.1.     By Technology

7.2.2.     By Application

8.    Saudi Arabia Epoxy Resin Market Outlook

8.1.  Market Size & Forecast

8.1.1.     By Value & Volume

8.2.  Market Share & Forecast

8.2.1.     By Technology

8.2.2.     By Application

9.    Saudi Arabia Acrylic Resin Market Outlook

9.1.  Market Size & Forecast

9.1.1.     By Value & Volume

9.2.  Market Share & Forecast

9.2.1.     By Technology

9.2.2.     By Application

10.  Market Dynamics

10.1. Drivers

10.2. Challenges

11.  Supply Chain Analysis

12.  Import Export Analysis

13.  Market Trends & Developments

14.  Policy & Regulatory

15.  Saudi Arabia Economic Profile

16.  Competitive Landscape

16.1. Company Profile

16.1.1.  Vitro

16.1.2.  S.A.B. De C.V.

16.1.3.  Ferro

16.1.4.  The Sherwin-Williams

16.1.5.  Fenzi

16.1.6.  Arkema

16.1.7.  Casix

16.1.8.  Glas Trösch

16.1.9.  Mader

16.1.10.                Pearl Nano

Strategic Recommendations

Figures and Tables

Frequently asked questions

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Rising disposable income, expanding digital textile printing industry and rapid industrialization are expected to propel the Saudi Arabia mirror coatings market through 2028.

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Saudi Arabia mirror coatings market is segmented on the basis of resin type, technology, substrate, company, and geography.

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Based on resin type, the polyurethane segment is expected to hold the largest share in Saudi Arabia mirror coatings market during the forecast period.

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Some of the leading players in the Saudi Arabia mirror coatings market are Vitro, S.A.B. De C.V., Ferro, The Sherwin-Williams, Fenzi, Arkema, Casix, Glas Trösch, Mader, Pearl Nano etc.

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Sakshi Bajaal

Business Consultant
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