New Report Explores The Global Anti-Reflective Coatings Market
Anti-reflective
Coatings Market is valued around USD 3.78 Billion in 2019 and expected to reach
USD 7.83 Billion by 2030 with the CAGR of 6.7% over the forecast period.
Anti-reflective Coatings refers to the dielectric coatings capable of
transmitting light trough the surface and reduces the reflection. These
coatings have wide application in different industries and consist of alternate
layers of thin transparent films with contrast refractive index. These coatings
are wide used in optics industry, solar panels, electronics & others. It
also helps in the reduction of light loss from the source or supply.
Global Anti-reflective
Coatings Market report is segmented on the basis of technology, application
and by regional. Based upon technology, the anti-reflective coatings market is
fragmented into Vacuum Deposition, Electronic Beam Evaporation, Sputtering, and
Others. On the basis of application, the market is categorized into Eyewear,
Electronics, Solar Panels, Automobile, and Others. The regional bifurcation of
countries includes North America, Europe, Asia-Pacific, and RoW which are
further segmented into major countries such as U.S., UK, France, and others.
The anti-reflective coatings market is mainly driven by the constant expanding
demand from different industries as well as applications. There has been
technological advancement along with the presence of developed infrastructure.
There is tremendous growth in the consumer electronics as well as optics &
eyewear which in turn created demand for anti-reflective coatings. In addition,
depletion of fossil fuel as well as global warming has created the demand for
renewable energy which has created demand for solar energy. In addition, growth
in industrialization along with fast changing environment followed by growing
consumer awareness as well as rising disposable income is likely to fuel the
market growth. However, high cost of production in addition to the lack of
awareness with regards to the appropriate use & maintenance can restrict
the market growth over the forecast period.
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The developed regions such as North America and Europe are expected to
hold the major market share owing to the presence of giant industries along
with wide applications. Moreover, presence of developed infrastructure as well
as technological advancement is likely to contribute the market growth. Asia
Pacific is expected to dominate the anti-reflective coatings market in terms of
growth rate owing to the rapid industrialization followed by low labor cost
along with government initiatives. There has been constant development of optic
& eyewear industry supported by electronics as well as development in
disposable income is likely to enhance the market growth.
The major market players profiled in the anti-reflective coatings market
includes AccuCoat Inc., Dupont, COCO LENI, Evaporated Coatings Inc., EKSMA
Optics, Hoya Vision Care Company, Essilor, Majestic Optical Coatings, PPG
Industries Inc, Optics Balzers AG, Spectrum Direct, Honeywell International
Inc., Quantum Coating, ZEISS International, Optical Coatings Japan, Torr
Scientific Ltd, Optimum RX Lens Specialists, Zygo Corporation, Rodenstock GmbH,
and VIAVI Solutions Inc. among others.
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