Anti-Reflective Coatings Market

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Anti-Reflective Coatings Market Share, Size, Analysis, Growth,
Trends and Forecasts to 2024 | Hexa Research
" The global Anti-Reflective Coatings Market is
projected to exceed USD 6 billion by 2024. Experts
foresee market volumes to be over 500 kilo tons the
same year."
Volumes in the global Anti-Reflective Coatings Market are estimated to be over 510 kilo tons by 2024. With a
CAGR exceeding 6% from 2016 to 2024 (forecast period), the market would be valued about USD 6 billion in
2024. Demand for AR coatings is mainly pushed by higher preference for anti-glare & anti-reflection
lenses/eyewear.
The consumption of such coatings in optical and electrical/electronic applications has created huge industry
opportunities. These applications should trigger further demand in the near future. The advantages of AR
coatings include back glare removal, improved transmittance, and lower reflectance. Their use d elivers much
better picture quality on devices; like monitors, televisions, etc. Moreover, AR coatings can capture clearer
and ‘close-to-real’ images from optical lenses.
Chief factors favoring the market are burgeoning worldwide population and the need for ‘vision correction.’
Boom in electronics & semiconductor industries coupled with expansion across flat panel displays is expected
to positively impact market consumption.
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Focus on renewable energy is projected to create new avenues for AR coatings. Owing to their anti-reflective
properties, they could become integral to solar panels in the forthcoming years. However, consumers in the
Anti-Reflective Coatings Market are not fully aware of the uses and benefits of these products. This inhibits
market growth. Furthermore, soaring prices of key raw materials, like magnesium chloride may have an adverse
effect.
The industry is split on the basis of end-users and geographies. Electronics, telecommunications, eye-wear,
automotives, and solar constitute the end-users. Eye-wear dominated in 2015. The demand for ‘anti-reflective’
spectacles and lenses is proliferating due to superior optical experience offered by AR coatings. Consumers are
willing to spend more on comfort and higher visibility, especially while driving at night.
Electronics was the second-largest segment in 2015. It is said to grow lucratively during the forecast period. AR
coatings are mainly used in smartphone displays and flat glass panels. They are also incorporated in
semiconductors. Solar would grow at the fastest rate till 2024. When used in solar panels, AR coatings transmit
more light and curb its reflection.
Geographically, the Anti-Reflective Coatings Market is divided into North America, Asia Pacific, Europe, Latin
America, and the MEA (The Middle East & Africa). North America has been leading since 2013. This can be
attributed to abundant demand for flat panel displays, lenses, and eyeglasses in the U.S. and Canada. Europe
should generate high demand for solar panel applications. Robust automotives industry in France, Germany,
and the U.K. may spur Europe.
Asia Pacific is predicted to emerge as an important region by 2024. It is the manufacturing hub of many
industries. Large-scale solar projects in India, China, and Bangladesh will contribute regional expansion.
Famous players in the worldwide anti-reflective (AR) coatings market comprise Honeywell International Inc.,
Carl Zeiss AG, Essilor International S.A., and Optical Coatings Japan. Royal DSM, JDS Uniphase Corporation, and
Hoya Corporation are the other well-known vendors.
To stay competitive, majority of these participants emphasize on developing easy -to-clean products with
scratch & fingerprint resistance and anti-static properties. Due to the challenging economic environment
globally, small & medium manufacturers are finding it difficult to sustain their businesses. This fuels industry
consolidation by way of mergers & acquisitions.
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Table of Content of Anti-Reflective Coatings Market
1. Methodology & Scope
1.1 Research Methodology
1.1 Initial Data Exploration
1.2 Statistical Modeling and Forecast
1.3 Industry Insights and Validation
1.2 Research Scope & Assumptions
1.3 List of Data Sources
2. Executive Summary
2.1 Industry Summary of Anti-Reflective Coatings Market
3. Industry Outlook
3.1 Anti-Reflective Coatings Market Segmentation
3.2 Anti-Reflective Coatings Market Size and Growth Prospects
3.3 Anti-Reflective Coatings Market Dynamics
3.4 Key Opportunities Prioritized
3.5 Industry Analysis - Porter's
3.6 Market Share Analysis
3.7 Market PESTEL Analysis, 2016
4. Application Framework
4.1 Anti-Reflective Coatings Market share by application, 2016 & 2024
5. Regional Outlook
5.1 North America
5.2 Europe
5.3 Asia Pacific
5.4 Latin America
5.5 MEA (Middle East and Africa)
5.6 RoW (Rest of the World)
6. Competitive Landscape
6.1 Honeywell International Inc.
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6.1.1 Company Overview
6.1.2 Revenue Analysis
6.1.3 Product Benchmarking
6.1.4 Strategic Initiatives
6.2 Carl Zeiss AG
6.2.1 Company Overview
6.2.2 Revenue Analysis
6.2.3 Product Benchmarking
6.2.4 Strategic Initiatives
6.3 Essilor International S.A.
6.3.1 Company Overview
6.3.2 Revenue Analysis
6.3.3 Product Benchmarking
6.3.4 Strategic Initiatives
6.4 Optical Coatings Japan
6.4.1 Company Overview
6.4.2 Revenue Analysis
6.4.3 Product Benchmarking
6.4.4 Strategic Initiatives
6.5 Royal DSM
6.5.1 Company Overview
6.5.2 Revenue Analysis
6.5.3 Product Benchmarking
6.5.4 Strategic Initiatives
6.6 JDS Uniphase Corporation
6.6.1 Company Overview
6.6.2 Revenue Analysis
6.6.3 Product Benchmarking
6.6.4 Strategic Initiatives
6.7 Hoya Corporation
6.7.1 Company Overview
6.7.2 Revenue Analysis
6.7.3 Product Benchmarking
6.7.4 Strategic Initiatives
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The global Anti-Reflective Coatings Market is projected to exceed USD 6 billion by 2024. Experts foresee market volumes to be over 500 kilo tons the same year.

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