Global Anti-reflective Coatings Market Trends, Growth & Report 2023-2028

According to the latest report by IMARC Group, titled “Anti-reflective Coatings Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” offers a comprehensive analysis of the industry, which comprises insights on the global anti-reflective coatings market trends. The report also includes competitor and regional analysis, and contemporary advancements in the market.

The global anti-reflective coatings market size reached US$ 83.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach a value of US$ 247.5 Billion by 2028, exhibiting a growth rate (CAGR) of 19.5% during 2023-2028.

Anti-reflective coatings are optical coatings used to minimize reflections from the optical surface. They enhance visibility and contrast in common imaging systems and sophisticated systems such as telescopes and solar panels. They effectively improve the surface transmittance of the lens, offer a clear view of eyewear, and are scratch, water, and dust resistant. Currently, anti-reflective coatings find extensive applications in manufacturing eyeglasses, touch screens in electronic devices, flat panel displays, and smartphone displays across the globe.

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Industry Trends & Drivers

The global anti-reflective coatings market is primarily driven by the rising product utilization in the eyewear and photovoltaic industry. Moreover, the increasing production of vehicles with advanced features, such as windshields, global positioning system (GPS) displays, and dashboards, is positively influencing the market growth. Besides this, the rising product demand from the healthcare industry for use in scientific and medical screen displays is contributing to the market growth. Furthermore, the increasing applications of anti-reflective coatings on solar panel glasses to reduce light reflection and deliver better light transmission has catalyzed market growth.

Apart from this, the surging adoption of anti-reflective coatings in numerous end use industries, such as solar, eyewear, automotive, construction, and telecommunication, to improve light throughput, minimize stray light, and reduce back reflections is propelling the market growth. Other factors, including the rising prevalence of vision impairment, inflating consumer disposable incomes, technological advancements, and changing consumer lifestyles, are also anticipated to drive the market further, and changing consumer lifestyles, are also anticipated to drive the market further.

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

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 and Torr Scientific Ltd.

Report Segmentation:

The report has been segmented the market into following categories:

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

Regional Insights:

• Asia Pacific
• North America
• Europe
• Middle East and Africa
• Latin America

On the geographical front, Asia Pacific enjoys the leading position in the market. This can be attributed to the rising establishment of international companies in the region, on account of low manufacturing costs and cheap labor.

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