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Antireflective Coatings Market : Analysis, Business Structure, Regions, Top Players Eksma Optics, Evaporated Coatings, Torr Scientific Limited, Optics Balzers, Enki Technology, Zygo Corporation, Spectrum Direct Ltd., Quantum Coating

02-21-2019 07:47 PM CET | Health & Medicine

Press release from: Allied Market Research

Antireflective Coatings Market : Analysis, Business

Antireflective coatings are dielectric coatings designed to decrease reflection and increase transmittance through a lens or any other optical surface. These coatings are able to control both transmission and reflection properties with respect to UV rays, visible light, and near-IR spectral bands. Antireflective coatings find applications in multiple industries such as eyewear, electronics, solar panels, automobile, and others.

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Antireflective Coatings Market report, published by Allied Market Research, forecasts that the global market is expected to garner $4,858 million by 2022, registering a CAGR of 8.2% during the period 2016 - 2022. Based on application, automobile and solar panel are expected to show the highest growth rates throughout the forecast period.

The global antireflective coatings market is expected to grow at a significant rate during the forecast period owing to rise in adoption of antireflective coatings by eyewear & photovoltaic industries and increase in awareness about importance of antireflective coatings in optical glasses In addition, increase in the energy efficiency of solar panels by using anti-reflective coatings has supplemented the market growth. However, high costs associated with products is a major restraint of this market. Moreover, innovation in the existing technologies of application serves as a great opportunity for the expansion of the antireflective coatings market.

The antireflective coatings market is expected to show a high growth rate in developing economies of the Asia-Pacific region. This is attributed to the vast adoption of emerging technologies such as antireflective coatings and smart glass in automotive sectors, especially in India and China.

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Moreover, the surge in adoption of antireflective coatings in the photovoltaic industry in countries such as Brazil and Argentina drives the growth of the market. Increase in the installation of solar panels in these counties has further accelerated market growth. Eyewear segment dominated the market in 2015, accounting for over one-third of the share.

Key findings of Antireflective Coatings Market:

- North America dominated the global antireflective coatings market in 2015, accounting for the maximum of the share, both in terms of revenue and volume.

- In 2015, anti-reflective coatings used in eyewear accounted for a majority of the share and is expected to maintain its lead throughout the forecast period.

- Turkey is expected to show the highest growth rate in the European antireflective coatings market, registering a CAGR of 10.1%.

- In 2015, the vacuum deposition technology market accounted for maximum and is expected to maintain its lead, growing at a CAGR of 7.7%.

- Asia-Pacific is expected to grow at the fastest rate, registering a CAGR of 9.2%.

- In 2015, North America antireflective coatings market generated the highest revenue and is expected to offer lucrative opportunities to market players, owing to an increase in demand for these coatings in the eyewear segment.

- Rise in awareness about the coatings in eyeglasses to enhance visibility has resulted in a growth of production in the U.S. Asia-Pacific is projected to show highest growth rate throughout the forecast period owing to the development of automotive industry in the developing economies.

Major players profiled in this report are 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, and Rodenstock GmbH.

Chapter: 3 MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE

3.2. KEY FINDINGS

3.2.1. Top Investment Pockets
3.2.2. Top Winning Strategies

3.3. MARKET DYNAMICS

3.3.1. Drivers
3.3.1.1. A rise in demand for antireflective coatings from eyewear and photovoltaic industry
3.3.1.2. Growing adoption in the electronics industry
3.3.2. Restraints
3.3.2.1. Increase in the production cost due to expensive application techniques
3.3.2.2. Lack of awareness regarding storage and utilization of antireflective coatings

3.3.3. Opportunities
3.3.3.1. Technological advancement in existing antireflective coating techniques
3.3.3.2. Growing utilization of antireflective coatings in construction

3.4. PATENT ANALYSIS
3.4.1. Patent Analysis by Year
3.4.2. Patent Analysis by Region
3.4.3. Patent Analysis by Company

3.5. PORTERS FIVE FORCES ANALYSIS
3.5.1. Bargaining Power of Suppliers
3.5.2. Bargaining Power of Buyers
3.5.3. Threat of New Entrants
3.5.4. Threat of Substitution
3.5.5. Intensity of Competitive Rivalry

About Us:-

Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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