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Global Mirror Coatings Market to Reach $920.8 Million by 2027
In the changed post COVID-19 business landscape, the global market for Mirror Coatings estimated at US$650.3 Million in the year 2020, is projected to reach a revised size of US$920.8 Million by 2027, growing at a CAGR of 5.1% over the analysis period 2020-2027. Polyurethane, one of the segments analyzed in the report, is projected to record a 5.5% CAGR and reach US$647 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Epoxy segment is readjusted to a revised 4.1% CAGR for the next 7-year period.

The U.S. Market is Estimated at $175.3 Million, While China is Forecast to Grow at 8.2% CAGR
The Mirror Coatings market in the U.S. is estimated at US$175.3 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$197.2 Million by the year 2027 trailing a CAGR of 8.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.8% and 4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.6% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$124.7 Million by the year 2027.


Acrylic Segment to Record 4.8% CAGR
In the global Acrylic segment, USA, Canada, Japan, China and Europe will drive the 4.8% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$38.9 Million in the year 2020 will reach a projected size of US$53 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Latin America will expand at a 5.2% CAGR through the analysis period.