Anti-Reflective Glass Coatings Market to Expand at 9.5% CAGR during 2017-2025
The
global anti-reflective
glass coatings market is
intensified in terms of competition and has robust landscape said by
Transparency Market Research. This is majorly due to the presence of
a large number of new companies that are actively working in the
anti-reflective glass coatings market. For instance, In May 2013,
Royal DSM unveiled its brand new KhepriCoat anti-reflective coating
producing space at the Chemelot site in the Netherlands. The coating
is basically utilized for the solar or sun-oriented application.
In March 2015, Zeiss
extended its lens coating portfolio and launcehed DuraVision Silver.
The item would assist the organization with increasing its range to
the cost-conscious user base. There are major organizations in the
anti-reflective glass coatings markets like Anthony International,
Guardian Glass, Falkberg, Schott AG, and Saint Gobain. Several
enterprises as well as PPG, Royal DSM, and Honeywell have started
concentrating on the solar application section for quickly rising
demand for the item.
According to, the
TMR analysts, the global anti-reflective glass coatings market is
projected to grow at a stellar 9.5% CAGR in the forecast period of
2017 to 2025 and reach US$1,790.5 mn by the end of 2025. Based on
technology, the global anti-reflective coatings market is segmented
into physical vapor deposition, and chemical vapor deposition. Among
these, the physical vapor deposition segment has the maximum revenue
share of the global anti-reflective coatings market. There are
factors like superior hardness, oxidation resistance, and wear
resistance of physical vapor disposition. These factors are combined
with its broad usage in optics, thin films, automotive, watches,
aerospace, medical, and cutting tools will drive the physical vapor
deposition segment in the global anti-reflective coatings market.
Geographically,
North America is leading the anti-reflective coatings market. The
domination is owing to rising use of these coatings in electronics
products which includes smart watches, smartphones, cameras, and
tablets is expected to fuel the anti-reflective coatings market
growth in the forthcoming years. The technological improvements in
electronic devices and augmented eye disease is leading growth of the
global anti-reflective coatings market.
Rising Demand for
Antiglare Lenses and Eyewear Will as a Boon for the Market
The global
anti-reflective coatings market is projected to feature substantial
growth in the forthcoming years. This is due to rising demand for
anti-reflective and antiglare lenses and eyewear. The antiglare
lenses and eyewear are developed by layering the glass surface with
an anti-reflective coating. This coating aids to remove back glare,
surge in diffusion and lowers the glare. Rising application in solar,
electrical, optical, and electronic usages is projected to drive the
anti-reflective coatings market growth in the forthcoming years.
The anti-reflective
coatings advertise is driven by the developing use of the product in
optical and electronic usages. These lenses increment the
productivity and improve quality of pictures of several gadgets, for
example, monitors and TV screens. The developing semiconductor and
electronic sector as well as the rising interest for smartphones and
flat panel displays will boost demand in the approaching years.
High Costs Involved
in The Production to Deter Growth of the Market
A couple of
limitations for anti-reflective glass coatings market have been high
expenses associated with the manufacturing of these glasses. This is
further is projected to hamper the market development to some degree.
Anti-reflective coatings are broadly used to expand the effectiveness
of solar panels. Quickly rising solar PV industry combined with
rising concentration on clean energy development is projected to
drive the anti-reflective glass coatings market in the forthcoming
years.
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The study presented
here is based on a Transparency Market Research report titled
“Anti-Reflective Glass Coatings Market (Technology - Physical Vapor
Deposition, Chemical Vapor Deposition; Application - Large Area Glass
Coatings (Picture Frames, Electronic Displays, Refrigerated Displays,
Solar, and Automotive) Small Batch-Coated Lenses) - Global Industry
Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025.”
The global
anti-reflective glass coatings market is segmented based on:
Technology
-
Physical Vapor Deposition
-
Chemical Vapor Deposition
Application
-
Large Area Glass Coatings
-
Picture Frames
-
Electronic Displays
-
Refrigerated Displays
-
Solar
-
Automotive
-
Others
-
Small Batch Coated Lenses (SBCL)
Geography
-
North America
-
U.S.
-
Canada
-
-
Europe
-
U.K.
-
Germany
-
France
-
Spain
-
Italy
-
Rest of Europe
-
-
Asia Pacific
-
China
-
Japan
-
India
-
Australia
-
South Korea
-
Rest of Asia Pacific
-
-
Latin America
-
Brazil
-
Mexico
-
Rest of Latin America
-
-
Rest of the World (ROW)
-
Middle East
-
South Africa
-
Russia
-
Rest of ROW
-
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