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Home›Poly-lateral›The global anti-reflective coatings market will be driven by the growing demand for anti-reflective coatings in the electronics industry during the forecast period 2022-2027

The global anti-reflective coatings market will be driven by the growing demand for anti-reflective coatings in the electronics industry during the forecast period 2022-2027

By Allen Rodriquez
June 20, 2022
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The new report by Expert Market Research titled “Global Anti-Reflective Coatings Market Report and Forecast 2022-2027”, gives an in-depth analysis of the global anti-reflective coatings market, assessing the market based on its segments such as applications, technologies , and major regions. The report tracks the latest industry trends and studies their impact on the overall market. It also assesses market dynamics, covering key demand and price indicators, as well as market analysis based on SWOT and Porter’s Five Forces models.

Get a free sample report with table of contents: https://tinyurl.com/2p8nknh4

Key highlights of the report include:

Market Overview (2017-2027)

  • Historical market size (2021): 3.4 billion USD
  • Forecast CAGR (2022-2027): 8.90%
  • Forecasted market size (2027): 5.7 billion USD

The growing application of anti-reflective coatings in electronic devices and their increasing usage is driving the growth of the anti-reflective coatings industry. They are used in computer monitors, television, smartphone screens and other screens such as automotive windshields to reduce glare, improve vision and image quality. Additionally, the increasing instances of sight problems, such as refractive errors and increasing usage of lenses, are also contributing to the steady growth of the anti-reflective coatings industry. Anti-reflective coatings are applied to lenses to reduce eye fatigue, optimize visual acuity and improve vision. The emerging need for unconventional energy resources and the application of anti-reflective coatings in solar panels to increase the amount of light absorbed into the cell are expected to help the market during the forecast period.

Industry definition and major segments

Anti-reflective coatings, also known as AR coatings or anti-reflective coatings, are thin-film, transparent structures applied to the surface of the optical lens or other optical surfaces to obstruct reflection. It is used in various applications, such as cameras, microscopes, telescopes to improve the quality of images by reducing reflections.

Read the full report with table of contents: https://tinyurl.com/ywhdx55v

The Anti-Reflective Coatings industry, by Application, is split into

  • Eyeglasses
  • Electronic
  • Solar
  • Automotive
  • Others

Based on technology, the industry can be segmented into:

  • Electron beam evaporation
  • Spray
  • Others

Market trends

Government initiatives to introduce unconventional energy sources like solar panels are leading to the increasing use of anti-reflective coatings, thus propelling the growth of the market. In 2019, scientists at the Department of Science and Technology (DST) R&D Center, Govt. of India, has developed a bilateral anti-reflective and scratch-resistant coating on glass and silicon wafer substrates to improve the conversion efficiency of solar thermal systems. Efforts by industry players to launch new products and increase their market potential are leading to the gradual development of the anti-reflective coating industry. For example: in May 2020, VSP Optics introduced TechShield®, an anti-reflective coating with antibacterial technology. It is certified by the International Organization for Standardization and the product offers exceptional visual performance, better scratch and stain resistance, easier cleaning and defense against blue light and UV. Also, research activities conducted to improve the functionality and long-term durability of anti-reflective coatings are expected to bolster the industry over the forecast period during the forecast period.

Main market players

The major market players are iCoat Company LLC, PPG Industries, Rodenstock GmbH, Janos Technology Inc., and Cascade Optical Corporation, among others. The report covers market shares, capacities, plant rotations, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports and advisory services to our clients. We serve a wide clientele ranging from Fortune 1000 companies to small and medium-sized businesses. Our reports cover over 100 industries in established and emerging markets researched by our trained analysts who track the latest economic, demographic, business and market data globally.

At Expert Market Research, we tailor our approach based on the needs and preferences of our clients, providing them with valuable, actionable and up-to-date market insights, helping them realize their optimal growth potential. We offer market intelligence across a range of verticals including Pharmaceuticals, Food & Beverage, Technology, Retail, Chemicals & Materials, Energy & Mining, Packaging and agriculture.

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* At Expert Market Research, we always strive to give you the latest information. The figures in the article are only indicative and may differ from the actual report.

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