The global glass coatings market size is anticipated to reach USD 5.03 billion by 2026, according to a new research published by Polaris Market Research. In 2017, the nano glass coating segment dominated the global market, in terms of revenue. Asia-Pacific is expected to be the leading contributor to the global market revenue during the forecast period.
Several stringent energy regulations passed by governments worldwide have boosted the adoption of glass coatings. Growing concerns regarding energy efficiency, increasing need to reduce energy consumption, and growing demand from the automotive sector further support the market growth. The increasing sale of vehicles, especially in the developing countries, along with growing adoption of solar installations supports the market growth. Additionally, the increasing adoption of energy efficient buildings and reducing operation costs would boost the market growth during the forecast period. Other factors supporting market growth include supportive government regulations, increasing awareness, and growing demand from emerging economies. Increasing investments by vendors in technological advancements coupled with research and development further boost the market growth.
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The awareness regarding green buildings, and reduction in operation costs encourage the commercial sector to invest in glass coatings. Commercial structures such as manufacturing plants, offices, and institutes are adopting glass coating to reduce emissions, increase efficiency, and optimize energy use. Asia-Pacific generated the highest revenue in the glass coatings market in 2018. The increasing use in vehicles, and rising awareness regarding energy efficient buildings drive the market growth in the region. The increasing sale of vehicles in countries such as China, Japan, and India, and the growing demand from the construction sector drives the growth of the glass coatings industry in the region. Numerous key players have adopted partnership and expansion strategies to increase their market share in the markets of the Asia-Pacific.
The different end-users of glass coating include construction, automotive and transportation, aerospace, marine, and others. In 2018, the automotive segment accounted for the highest market share. The use of glass coatings in windows, doors, and windshields in automotive reduces the heat accumulation in vehicles, and offer high UV resistance and high optical activity.
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The well-known companies profiled in the report include Kyocera Corp, PPG Industries, Henkel A.G., The NSG Group, Saint-Gobain, Corning Inc, Murata Manufacturing Co. Ltd, Valspar Corporation, Euroglas GmbH, and The Sherwin-Williams. These companies are consistently launching new products to enhance their offerings in the market. With the advancement of technologies, companies are innovating and introducing new customized products to cater the growing needs of the customers. Leading companies are also acquiring other companies, and enhancing their product offerings to improve their market reach.
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Mar 12, 2020: The global Home Infusion Therapy market size is expected to reach USD 41.6 billion by 2027, according to a new report by Grand View Research, Inc., registering a CAGR of 7.3% over the forecast period.
Home infusion therapy is considered an alternative to an extended stay in hospitals or nursing homes for patients suffering from chronic diseases.
In October 2019, the Centers for Medicare & Medicaid Services issued a rule stating that all home infusion therapy payments will get covered under the Bipartisan Budget Act of 2018.
In February 2018, the Bipartisan Budget Act of 2018 was signed into a law which states that all temporary payments of home infusion therapy in U.S. will be covered by the government in accordance with this regulation.
This creates the need to infuse nutritional products that contain glutamine, phospholipids, glucose, and amino acids while administering medication to patients, which, in turn, is expected to boost the market growth in this region.Technological developments in home infusion therapy devices are also anticipated to make therapy more convenient and user-friendly for patients.
This app will help patients to safely administer the medicine as per the requirements.Further key findings from the report suggest:Infusion pumps emerged as the largest product segment in 2019 owing to increasing use of delivery fluids such as nutrients and medicationsThe needleless connectors segment is projected to register the highest CAGR over the forecast period as they offer advantages such as improved safetyThe anti-infective segment dominated the home infusion therapy market in 2019, as a large number of procedures are performed during the administration of medication such as antibiotics and antifungalsNorth America dominated the global market in 2019.
