- In August 2021, The Sherwin-Williams Company signed an agreement to acquire the European Industrial Coatings Business of Sika. This strategic acquisition is expected to strengthen Sherwin-Williams' presence in the industrial coatings market across Europe, enhancing its product portfolio and distribution network. The move supports the company’s long-term growth strategy and is likely to positively influence the mirror coatings market by expanding access to advanced coating technologies and broadening market reach
- In July 2020, Fenzi Group entered into a partnership with Arsenal Capital Partners. This collaboration is aimed at accelerating the company's growth by providing additional capital to boost investment in manufacturing capacity, R&D, and strategic acquisitions. The partnership is expected to enhance Fenzi’s ability to innovate and scale operations, thereby supporting the expansion of high-performance mirror coatings and strengthening its position in both existing and emerging markets
- In June 2020, scientists and engineers at NASA's Goddard Space Flight Center (GSFC) developed telescope mirror coatings that offer the highest reflectivity ever reported in the far-ultraviolet (FUV) spectral band. The increased reflectivity of these coatings enhances the quality of images captured by telescopes, significantly improving throughput and sensitivity. This innovation is expected to drive advancements in optical systems for space exploration, scientific research, and other applications, potentially opening new opportunities in the mirror coatings market, particularly in sectors such as aerospace, defense, and scientific instrumentation, where high-performance coatings are essential
