The global anti-reflective coatings market is expected to reach $4,858 million by 2022 from $2,818 million in 2015, registering a CAGR of 8.2% from 2016 to 2022. Antireflective coatings are optical coatings designed to reduce reflection through optical surfaces. These coatings provide enhanced vision and contrast when used in typical imaging systems or complex systems such as telescopes or solar panels. In addition, they efficiently boost transmission through lens surface. When used in eyewear, antireflective coatings provide clear & sharp vision and provide resistance to scratches, water, and dust. Antireflective glasses protect eyes from glare when working on computers for long hours and prevent eye strain and fatigue.
The growth of the antireflective coatings market is driven by rise in demand for antireflective coatings from the eyewear & photovoltaics industry rise in adoption from the construction industry. However, high cost associated with the products and lack of awareness among consumers & service providers restrain the market growth. Moreover, ongoing advancements in the antireflective coatings market, such as development of improved coatings that provide better power output in solar panels, self-cleaning coatings, or coatings with improved durability, is anticipated to provide lucrative opportunities for its growth.
Recent advancements in the antireflective coatings market include the development of antireflective coatings to be used in glasses having lenses made of plastics. Plastic is gradually replacing glass as a lens material, and thus R&D activities focused on producing antireflective coatings for plastic lenses have also increased. Researchers from the Fraunhofer Society exhibited these new coatings at the K 2016 Trade Fair, held in Dsseldorf.
The global antireflective coatings market is segmented on the basis of application, technology, and geography. Based on technology, the market is categorized into vacuum deposition, electronic beam evaporation, sputtering, and others. Applications covered in the study include eyewear, electronics, solar panels, automobile, and others. Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key Market Players
Essilor International Carl Zeiss AG E. I. du Pont de Nemours and Company Koninklijke DSM N.V. Honeywell International PPG Industries Hoya Corporation Viavi Solutions, Inc. Optical Coatings Japan Rodenstock GmbH
KEY BENEFITS FOR STAKEHOLDERS
The report provides an extensive analysis of the drivers, restraints, and opportunities in the global antireflective coatings market. This report entails detailed quantitative analysis of the current market trends for the period of 20142022 to identify the prevailing opportunities in the market. The estimations provided in the report are based on comprehensive analysis of the key developments in the industry. Top winning strategies and company profiles of key market players are mentioned in this report that assist in better decision-making. Country-level analysis is done to provide deeper market insight. In-depth analysis of the global antireflective coatings market helps to understand the regional market and assist stakeholders in strategic business planning. The developments strategies adopted by key manufacturers are enlisted in the report to understand the competitive scenario of the market.
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KEY MARKET SEGEMENTS
By Technology
Vacuum Deposition Electron Beam Evaporation Sputtering Others
By Application
Eyewear Electronics Solar Panels Automobile Others
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By Geography
North America U.S. Canada Mexico Europe Germany UK Turkey France Russia Rest of Europe Asia-Pacific China Japan South Korea India Rest of Asia-Pacific LAMEA Brazil Argentina UAE Qatar Rest of LAMEA
(The above companies are not profiled, but can be done on clients request)
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