Anti-Reflective Coatings Market size was valued USD 4140.6 million in 2020 and is anticipated to reach USD 8939.2 million by 2030, by growing with CAGR of 8.0%. Anti-reflective coating is an optical coating applied on the lenses like eye-ware, electronic lenses and other optical element to reduce reflection. Antireflective coating are optical thin film coating that helps to reduce the reflection. Anti-reflective coating vision, reduce eye strain and glasses look more attractive. About 82.3% of global population use mobile and laptop in their day to day life, it help to reduce the effect of light by reflecting it and reduce the harm to eyes.
Market Segmentation:
On the basis of technology, the anti-reflective coatings market is segmented into vacuum deposition, electronic beam evaporation, sputtering anti-reflective coatings, and others. By resin basis, the market is divided into urethane, acrylic, epoxy and others. On the application basis, market is categorized into eyewear, electronics, solar panels, automobile, and others. On geography basis, anti-reflective coatings market is divided into Asia Pacific, North America, Europe, and RoW.
Market Dynamics and Factors:
Increase in the use of computer, television, flat panel, mobiles and other electronics display is the main driving factor of anti-reflective coatings market. Antireflective coating are used to reduce glare from electronics display and low reflectivity, as a result display become easier to read. Moreover, increase in the electrical and electronics industry help the anti-reflective coatings market growth. There is lack of consumer awareness about the benefits is hampering the anti-reflective coatings market growth. Some countries have very strict norms concerning raw material use in the manufacture of these coating and is expected to be the challenge for the anti-reflective coatings market growth in long run.
Geographic Analysis:
North America is leading the anti-reflective coatings market due to high demand of smart phones, solar panels, spectacles and auto mobile. North America market is expected to grow with the CAGR of 7.11% in forecast period. Asia Pacific is dominating the market with the largest consumption in country like India and China. Asia Pacific is the leading manufacturing region in the electronic segments, which include mobile, camera and tablets that helps the market growing. Europe has stable growth in the market due to steady pace in the electronics market.
Competitive Scenario:
Major player in the global anti-reflective coatings industry are Dupont, Carl Zeiss AG, Essilor International S.A., Honeywell International Inc., Hoya Corporation, YTC America Inc., iCoat Company LLC, Janos Technology LLC, JDS Uniphase Corporation, Koninklijke DSM N.V., Optical Coatings Japan, PPG Industries Inc., Rodenstock GmbH, Royal DSM N.V, and others.
Antireflective Coatings Market Report Scope
| Report Attribute | Details |
| Analysis Period | 2020–2030 |
| Base Year | 2021 |
| Forecast Period | 2022–2030 |
| Market Size Estimation | Million (USD) |
| Growth Rate (CAGR%) | 8 % |
|
| By Technology (Vacuum Deposition, Electronic Beam Evaporation, Sputtering, and Others), By Resin (Urethane, Acrylic, Epoxy and Others), By Application (Eyewear, Electronics, Solar Panels, Automobile, and Others) |
| Geographical Segmentation | North America (U.S., Canada, Mexico) Europe (UK, Germany, Italy, France, Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Rest of APAC), South America (Brazil, Argentina, Rest of SA), MEA (UAE, Saudi Arabia, South Africa) |
| Key Companies Profiled | Dupont, Carl Zeiss AG, Essilor International S.A., Honeywell International Inc., Hoya Corporation, YTC America Inc., iCoat Company LLC, Janos Technology LLC, JDS Uniphase Corporation, Koninklijke DSM N.V., Optical Coatings Japan, PPG Industries Inc., Rodenstock GmbH, Royal DSM N.V, and others. |
