Antifog Coatings market forecast 2023-2032 - major trends, lucrative segments and fastest growing regions

As per The Business Research Company's Antifog Coatings Opportunities And Strategies Market Report 2023, The antifog coatings market reached a value of nearly $4,894.1 million in 2021, having grown at a compound annual growth rate (CAGR) of 2.0% since 2016. The market is expected to grow from $4,894.1 million in 2021 to $5,820.9 million in 2026 at a rate of 3.5%. The market is then expected to grow at a CAGR of 4.1% from 2026 and reach $7,110.9 million in 2031.

The rapidly growing e-commerce market is expected to drive the antifog coatings market in the forecast period. The growing e-commerce market allows more people to access electronics, sunglasses and sport wear and other products, generating demand for antifog coatings. According to the US Department of Commerce Retail Indicator Division, e-commerce sales were $870 billion in the US in 2021, a 14.2% increase over 2020 and a 50.5% increase over 2019. Increasing demand from e-commerce companies for logistics to cater the growing demand from end-customers is expected to increase the demand for commercial vehicles and drive the demand for antifog coatings. With reducing delivery times and leaner supply chains, the demand for last-mile delivery in e-commerce is expected to drive the demand for commercial vehicles, thus generating demand for antifog coatings. For instance, commercial vehicle sales in India increased by 25% in February 2022 over the previous year. Hence, the growing e-commerce market is expected to drive the demand for antifog coatings.

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UV-cure high performance anti-fog coating provides outstanding long-term anti-fog performance, a smooth, easy-to-clean surface, and resistance to abrasion, chemicals, and UV rays. For example, in August 2021, FSI Coating Technologies (FSICT), a US-based company involved in producing high performance anti-fog coatings, is launching Visgard UV AF anti-fog coating. The CrystalSpin UV AF Anti-Fog Coating Machine from FSICT may be used to apply this coating, which improves the strength and appearance of ophthalmic and safety eyewear lenses. Additionally, FSICT provides a full line of thermal cure Visgard multipurpose high-performance water washable and water sheeting anti-fog coating materials for a variety of industrial applications and substrates. Visgard has superior adhesion, long-lasting anti-fog performance, and top-notch abrasion, chemical, and UV protection, among other advantages.

Opportunities -The top opportunities in the antifog coatings market segmented by product will arise in the defog coating (DFC) segment, which will gain $616.5 million of global annual sales by 2026. The top opportunities in segment by substrate will arise in the glass segment, which will gain $284.2 million of global annual sales by 2026. The top opportunities in segment by application will arise in the helmet visors, face shields, goggles and safety equipment segment, which will gain $332.9 million of global annual sales by 2026.

Antifog Coatings Market Segmentation:
The Antifog Coatings market is segmented

By Product -
The antifog coatings market is segmented by product into
a) Foggy Guard Coating (FGC)
b) Defog Coating (DFC)

By Substrate -
The antifog coatings market is segmented by substrate into
a) Acrylic
b) Glass
c) PET
d) Polycarbonate
e) Polyamide

By Application -
The antifog coatings market is segmented by application into
a) Helmet Visors, Face Shields, Goggles and Safety Equipment
b) Flat Polycarbonate Sheets
c) Commercial Freezer Window
d) Automobile Components
e) Display Surfaces
f) Other Applications

Major players in the Antifog Coatings market include 3M Company, Hydromer, Inc., Mitsui Chemicals, Tosaf Compounds Ltd., TOCALO Co., Ltd

The regions covered in the global Antifog Coatings market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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The latest report from The Business Research Company, 'Global Antifog Coatings Opportunities And Strategies Market Report - Forecast To 2032,' provides a comprehensive global perspective with data and statistics from 60+ geographies, analyzing 7000+ market segments. The regional and country breakdowns section offers insights into each geography's market analysis, size, historic and forecast growth, and key strategies for industry competitiveness.

Antifog Coatings Market Report Table Of Content

1. Executive Summary
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
....................................................
19. Competitive Landscape and Company Profiles
20. Key Mergers and Acquisitions
21. Opportunities And Strategies
22. Antifog Coatings Market, Conclusions And Recommendations
23. Appendix

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