Antifog Coatings Market Growth Drivers, Opportunities, Share Report And Forecast To 2033

The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

Antifog Coatings Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $6.93 billion In 2028 At A CAGR Of 5.5% :

The antifog coatings market size has grown strongly in recent years. It will grow from $5.33 billion in 2023 to $5.6 billion in 2024 at a compound annual growth rate (CAGR) of 5.1%. The growth in the historic period can be attributed to strong economic growth in emerging markets, growth in world population, focus on workplace safety, government support for automobile industry and increase in territorial and political conflicts.

The antifog coatings market size is expected to see strong growth in the next few years. It will grow to $6.93 billion in 2028 at a compound annual growth rate (CAGR) of 5.5%. The growth in the forecast period can be attributed to global population growth and urbanization, rapid growth in ecommerce, government mandates for helmet safety, increasing infrastructure development expenditure by governments and growth in sports sector. Major trends in the forecast period include focusing on uv-cure high performance anti-fog coatings, focusing on new technologies, indulging in research and development to innovate, launch new goods and services and focusing on quick cure antifog coatings for long-lasting anti-fog performance.

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Antifog Coatings Market Major Segments
The antifog coatings market covered in this report is segmented -

1) By Product: Foggy Guard Coating (FGC), Defog Coating (DFC)
2) By Substrate: Acrylic, Glass, PET, Polycarbonate, Polyamide
3) By End User: Helmet Visors And Face Shields, Flat Polycarbonate Sheets, Commercial Freezer Window, Automobile Anti-Fog Led Headlights, Other End Users

Key Driver - Rising E-Commerce Growth Fuels Demand For Antifog Coatings

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 sportswear, 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. Increasing demand from e-commerce companies for logistics to cater to the growing demand from end customers is expected to increase the demand for commercial vehicles and drive the demand for antifog coatings. With reduced 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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Prominent Trend - Fsi Coating Technologies Introduces Uv-Cure High-Performance Anti-Fog Coating

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, launched 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.

Antifog Coatings Market Players
Major companies operating in the antifog coatings market report are 3M Company, Hydromer Inc, Mitsui Chemicals, Tosaf Compounds Ltd, TOCALO Co. Ltd, Croda International plc, FSI Coating Technologies, Emery Oleochemicals Group, NEI Corporation, iCoat Company, Bostik, Hilco Vision, Shamir Glacier, Starshield Technologies Private Limited, Banzai Solutions, Huzhou Guoneng New Material Company Ltd, Xingtai Shineway Corporation Company Limited, Guangzhou Aurora Health Products Company, Shandongh Rusian Chemical Technology Company Limited, Optical Coating Technologies, Peerless Plastics and Coatings, Hoya Lens UK Limited, Weilburger Coatings GmbH, WeeTect, PPUH Select Ltd, FSI Coating Technologies anti-fog coatings, SDC Technologies, Coburn Technologies, ABRISA TECHNOLOGIES, Dymax Corp, Industrial Hard Carbon LLC, Chemsol Inc.

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Largest And Fastest Growing Region In The Market
North America was the largest region in the antifog coatings market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the antifog coatings market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Antifog Coatings Market Report Structure
3. Antifog Coatings Market Trends And Strategies
4. Antifog Coatings Market - Macro Economic Scenario
5. Antifog Coatings Market Size And Growth
…..
27. Antifog Coatings Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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