DUBLIN--(BUSINESS WIRE)--The "Anti-reflective Coatings Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
The global anti-reflective coatings market size reached US$ 4.41 Billion in 2021. Looking forward, the market to reach US$ 6.47 Billion by 2027, exhibiting a CAGR of 6.6% during 2021-2027
Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Anti-reflective coatings refer to the optical coatings that are formulated to minimize reflections from an optical surface. Along with controlling transmission and reflection of ultraviolet, visible, and near-infrared radiations, these dielectric coatings also contribute to the controlling of temperature and humidity.
As a result of these coatings, vision clarity is improved and blue light and ultraviolet ray penetration is prevented. When applied to lenses, mirrors, or other optical surfaces, they reduce reflection, increase transmission, and enhance the throughput by controlling the reflexive index.
Additionally, they improve visibility and contrast for complex imaging systems, such as telescopes and solar panels. Eyewear coated with anti-reflective materials provides a crisp view while being resistant to scratching, dust, and water. As a result, these materials find widespread applications in the semiconductor, automotive, construction, electronics, solar power, and aerospace industries.
Anti-reflective Coatings Market Trends:
The market is majorly driven by the escalating demand for anti-reflective coatings for manufacturing lenses and glasses. In addition to this, the rising adoption of high transmitting anti-reflective glasses in the construction industry is providing an impetus to the market.
Also, the rapid product utilization as a protective element on the screens of smartphones, televisions, laptops, and other electronic gadgets is a significant growth-inducing factor for the market. Moreover, the growing rates of solar panel installations due to increasing demand for renewable sources of energy are augmenting the product demand on the global level.
The market is further driven by continual product innovations, such as the advent of oil repellant, self-cleaning and nano scale oxide coatings.
Some of the other factors contributing to the market growth include the growing prevalence of vision impairment, rapid urbanization and industrialization, and extensive research and development (R&D) activities.
Key Questions Answered in This Report:
- How has the global anti-reflective coatings market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global anti-reflective coatings market?
- What are the key regional markets?
- What is the breakup of the market based on the technology?
- What is the breakup of the market based on the layer type?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global anti-reflective coatings market and who are the key players?
- What is the degree of competition in the industry?
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being
- AGC Inc.
- Carl Zeiss AG
- DuPont de Nemours Inc.
- Essilor International (EssilorLuxottica SA)
- Evaporated Coatings Inc.
- Honeywell International Inc.
- HOYA Corporation
- iCoat Company LLC
- Koninklijke DSM N.V.
- Quantum Coating Inc.
- Spectrum Direct Limited
- Torr Scientific Ltd.
Key Market Segmentation:
Breakup by Technology:
- Vacuum Deposition
- Electronic Beam Evaporation
- Sputtering
- Others
Breakup by Layer Type:
- Single Layered
- Multi Layered
Breakup by Application:
- Eyewear
- Electronics
- Solar Panels
- Automobile
- Others
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Middle East and Africa
For more information about this report visit https://www.researchandmarkets.com/r/mxkyai