The global antireflective 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.
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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 Dusseldorf.
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.
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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
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 2014-2022 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.
The COVID-19 pandemic in 2019 engulfed the world. It caused a worldwide halt. The entire global economy was affected. In addition, many people have also lost their lives. Around 252,297,094 cases and 5,091,465 deaths have been reported worldwide so far for COVID-19. The pandemic spread to almost every country in the world. In most industries, the pandemic resulted in some form of loss. As a result of the pandemic, the global Antireflective Coatings Market also experienced a slowdown. Statista estimates that the chemical industry’s total worldwide revenue stood at approximately US$ 3.94 trillion in 2019. In 2014, the chemical industry generated revenues of US$ 5.4 trillion at a record high.
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The degree of competition among prominent global companies has been developed by analyzing several leading Antireflective Coatings Market , including market competition, market share, the most recent advancements in the industry, innovative product launches, partnerships, mergers, and acquisitions by leading companies.
Vacuum Deposition Electron Beam Evaporation Sputtering Others
Eyewear Electronics Solar Panels Automobile Others
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
Other prominent market players are
Eksma Optics Evaporated Coatings, Inc. Torr Scientific Limited Optics Balzers Enki Technology Zygo Corporation Spectrum Direct Ltd. Quantum Coating Lumentum Operations LLC Majestic Optical Coatings Optimum RX Lens Specialists
What are the aspects of this report that relate to regional analysis?
The report’s geographical regions include North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
The report provides a comprehensive analysis of market trends, including information on usage and consumption at the regional level.
Reports on the market include the growth rates of each region, which includes their countries, over the coming years.
How are the key players in the market assessed?
This report provides a comprehensive analysis of leading competitors in the market.
The report includes information about the key vendors in the market.
The report provides a complete overview of each company, including its profile, revenue generation, cost of goods, and products manufactured.
The report presents the facts and figures about market competitors, alongside the viewpoints of leading market players.
A market report includes details on recent market developments, mergers, and acquisitions involving the key players mentioned.
Key questions answered in the global Antireflective Coatings Market report are:
How does a global company acquire markets?
What are its core strategies and policies?
What factors will influence the chemical market over the forecast period?
What are the factors driving and restraining the market for chemicals?
What are the leading competitors in the global market?
Which region is growing at a higher pace in the global market?
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What factors are taken into consideration when assessing the key market players?
The report analyzes companies across the globe in detail.
The report provides an overview of major vendors in the market, including key players.
Reports include information about each manufacturer, such as profiles, revenue, product pricing, and other pertinent information about the manufactured products.
This report includes a comparison of market competitors and a discussion of the standpoints of the major players.
Market reports provide information regarding recent developments, mergers, and acquisitions involving key players.
What are the key findings of the report?
This report provides comprehensive information on factors expected to influence the market growth and market share in the future.
The report offers the current state of the market and future prospects for various geographical regions.
This report provides both qualitative and quantitative information about the competitive landscape of the market.
Combined with Porter’s Five Forces analysis, it serves as SWOT analysis and competitive landscape analysis.
It provides an in-depth analysis of the market, highlighting its growth rates and opportunities for growth.
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