Press release
Transparent Conductive Coatings Market is Expected to Register Highest CAGR of 8.0% by 2023
Transparent Conductive Coatings Market
The Transparent Conductive Coatings (TCC) market is experiencing robust growth and is expected to reach $7.6 billion by 2023, with a compound annual growth rate (CAGR) of 8%. This market is being driven by increasing demand for energy-efficient products, such as organic photovoltaic cells.
The transparent conductive coatings industry has changed significantly in recent years with the use of new materials such as heated glass for displays and solar cells, anti-static surfaces and transparent electrodes. Clear conductive coatings are used by a variety of companies including the organic electronics and touch screen industries.
One of the most important industrial materials is glass. Applying a transparent conductive coating to a glass surface can change the mechanical, chemical, electrical, and optical properties of the material.
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Transparent conductive coatings can be deposited on glass substrates using wet chemical and vapor deposition processes. The market is expected to witness significant growth in the near future as new technologies are observed in the market.
Transparent conductive coatings are commonly used in electrical and optical applications to improve visibility by blocking unwanted reflections from many types of surfaces. Used to effectively reduce glare and reflections. Glasses with a transparent conductive coating allow the wearer's eyes to see clearly. Telescopes, rifle scopes, binocular lenses, kiosk displays and video goggles are other market applications for transparent conductive coatings.
The global market for transparent conductive coatings is mainly driven by the growing demand for these coatings in the eyewear and electronics industries. Solar photovoltaic modules are another segment with great potential in the transparent conductive coating market.
The growing demand for comfortable lenses and glasses with high light transmittance will provide great opportunities for the growth of transparent conductive coating technologies and products. The above factors are expected to impel the growth of the Transparent Conductive Coatings Market during the forecast period (2015-2025).
Market segmentation
• By resin type:
• Acrylic
• Epoxy
• Polyurethane
• Others
By product type:
• Single Layer Interference
• Multilayer interference
• Index-Matching
• Absorbent
• Circular Polarizer
• Mottenauge
Use:
• Binoculars
• Video glasses
• Telescope
• Smartphone screen
• Newsstand display
• Telescopic sight
• Flat plate
End user:
• Glasses
• Electronic products
• Car
• Sunlight
• Others
By region:
• North America
• American latina
• Eastern Europe
• Eastern Europe
• Japan
• Asia Pacific (APEJ)
• Middle East and Africa (MEA)
The global Transparent Conductive Coatings Market is anticipated to rise at a considerable rate during the forecast period (2015-2025). North America is an important market for clear conductive coatings due to the growing demand for clear conductive coatings for lenses, eyewear and smartphone screens in the region.
According to FMI forecasts, the Asia-Pacific transparent conductive coatings market is expected to register the fastest CAGR during the forecast period. The European demand for transparent conductive coatings is mainly driven by the automotive and solar industries. FMI forecasts that Asia Pacific will be the fastest growing region for the transparent conductive coatings market during the forecast period.
Major players in the global Transparent Conductive Coatings Market are focused on product innovation and mergers and acquisitions to outperform their competitors. Companies in this market are focused on finding new applications and technologies for transparent conductive coatings to grow and expand the market.
Some of the major players in the global transparent conductive coatings market are PPG Industries Inc., Royal DSM, Hoya Corporation, Rodenstock GmbH, Optical Coatings, Essilor International SA, Janos Technology LLC, JDS Uniphase Corporation, Honeywell International Inc, and others.
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This report provides a comprehensive analysis of:
• Market Segments for Transparent Conductive Coatings
• Transparent Conductive Coatings Market Dynamics
• Historical Actual Market Size, 2012-2014
• Transparent Conductive Coatings Market Size and Forecast 2015 to 2025
• Value chain of supply and demand
• Current trends/problems/challenges in the transparent conductive coatings market
• Competition and Affiliates
• Technology
• value chain
• Drivers and Restraints of Transparent Conductive Coatings Market
Regional Analysis:
• Nordamerika (USA, Kanada)
• Latin America (Mexico. Brazil)
• Western Europe (Germany, Italy, France, UK, Spain)
• Eastern Europe (Poland, Russia)
• Asia Pacific (China, India, ASEAN, Australia and New Zealand)
• Japan
• Middle East and Africa (GCC, S.Africa, N.Africa)
This report is a compilation of first-hand information from industry analysts, qualitative and quantitative assessments, input from industry experts and participants across the value chain.
The report provides an in-depth analysis of the key market trends, macroeconomic indicators and driving factors, as well as segment-based market attractiveness. The report also maps the qualitative impact of various market factors across market segments and geographies.
Report Highlights:
• Detailed overview of the top markets
• Changed market dynamics of the industry.
• deep market segmentation
• Historical, current and forecast market size in terms of volume and value
• Current industry trends and developments
• competitive landscape
• Strategies for key players and product offerings.
• Potential and niche segments/regions with promising growth
• A neutral view of market performance
• Essential information for market participants to maintain and improve their market position'
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The Chemicals and Materials division of Persistence Market Research offers distinct and pin-point analysis about chemicals and materials industry. Chemical coverage extends from commodity, bulk, specialty and petrochemicals to advanced materials, composites and nanotechnology in particular with special emphasis on 'green alternatives', recycling and renewable technology developments, supply-demand-trade assessment. Our research studies are widely referred by chemical manufacturers, research institutions, channel partners and government bodies for developing - 'The Way Forward'.
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