Anti-reflective Coatings Market
Anti-reflective Coatings market Trend, Opportunity, and Forecast Analysis, 2024-2033
Anti-reflective Coatings market is segmented by Application, End-Use, and by Region. KDMI analyst’s growth analysis foresees market revenue to cross USD 10.5 Billion by 2033 by growing with a CAGR of 6.1% during 2024-2033.
Anti-reflective Coatings market Highlights
The global Anti-reflective Coatings market is expected to cross a market size of USD 10.5 Billion by the end of 2033. The market size was valued at USD 5.8 Billion in 2023 and is expected to expand at a CAGR of 6.1% between 2024-2033.
- Over the mid-term, the increasing concern for eye related diseases is the primary factor anticipated to drive the global Anti-reflective Coatings market.
- Expensive cost of coatings is a major factor to challenge the market growth.
- The North America Anti-reflective Coatings market is projected to dominate the global market.
Anti-reflective Coatings Market: Report Scope |
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Base Year |
2023 |
Base Year Market Size |
USD 5.8 Billion |
Forecast Year |
2024-2033 |
Forecast Year Market Size |
USD 10.5 Billion |
CAGR Value |
6.1% |
Anti-reflective Coatings market Key Trends/Major Growth Drivers |
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Restraint Factors |
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Anti-reflective Coatings market Segmentation |
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Anti-reflective Coatings market Key Players |
Crizal, Cyxus, Guardian Industries Corp, Janos Technology, Abrisa Technologies, Schott Amiran, Felix G, Royal DSM, Honeywell International Inc., Saint-Gobain and others. |
Anti-reflective Coatings market Outlook
Anti-reflective Coatings is used to protect human eyes from the harmful rays coming from electronic gadgets and others. Anti-reflective Coatings provides the comfortability of the eyes and it reduces glare from light sources. It can prevent the harmful UV (ultraviolet) rays from the sun for protecting the eyes muscles.
The penetration of technologies such as screens of computers, laptops, and other electronic gadgets is rising and growing engagement of consumers with these technologies is resulting in a rising in the prevalence of eye related issues. According to the statistics by the World Health Organization (WHO), 2.2 billion people had a near or distance vision impairment worldwide. Since Anti-reflective Coatingsaid to prevent such problems and allows to see clearly of the screen without having any strain to the eyes, hence, the demand for Anti-reflective Coatings market is projected to increase, and so is the expansion of the market growth. Anti-reflective Coatings has several benefits such as it improves eye vision, reduces eye strain and others. Guardian Industries Corp, Royal DSM, and Honeywell International Inc. are some of the significant parties in the global market for antiglare coating.
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Anti-reflective Coatings market Analysis – Analyst’s Observation
The consumers these days are more concerned about their eyes and wellness then they were ever before. Growing awareness among consumers about the harmful UV rays from the sun is one of the major factors that is a growing demand for antiglare coating. In the other statistics by the WHO, about 15 million people are blind due to cataracts and about 10% of this are due to an exposure to UVR. However, the expensive cost of coatings and durability issues may hamper the growth of the Anti-reflective Coatings market.
Based on applications, the Anti-reflective Coatings market has two major applications. The first application area is optical lenses which are used in optometry as well as photography. They provide better quality images by reducing the distortion due to reflection. The second application for Anti-reflective Coatings is in flat glass. The Anti-reflective Coatings in the flat glass is one of the key drivers for the growth of Anti-reflective Coatings market owing to a wide range of applications of flat glasses with an anti-glance coating in areas such as automotive, construction, electronics and others. For example, flat glasses are used for the night driving and it reduces 60% of road accidents due to the reflecting light. Additionally, in terms of devices, the electronics segments are dominating the market of the antiglare coating.
As an increasing number of desk jobs using computers, and laptops lead to a weakening of the eye muscles. This rise in the prevalence of eye-related conditions and the ability of the Anti-reflective Coatings to prevent such health issues is likely to foster the growth of the segment in the coming years. Based on the application the commercial segment held the largest significant market for antiglare coating. Since the rise in construction works such as hotels, shopping malls, business centers, hospitals, and others raise the demand for Anti-reflective Coatings in the market. Now a day’s eyewear is emerging as a fashion trend among youngsters.
How is the Global Anti-reflective Coatings market Segmented?
Our experts at KD Market Insights have segmented the global Anti-reflective Coatings market research report as:
By Application |
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By End-Use |
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By Region |
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What are the Probable Factors Influencing the North America Anti-reflective Coatings market Forecast?
The North America Anti-reflective Coatings market is majorly driven by the presence of a strong consumer electronics market, which is driving the demand for smartphones, tablets, laptops, and monitors. According to the statistics by the Pew Research Center, about 97 of Americans now owned a cellphone. Moreover, the expanding healthcare industry in the region, which is contributing to an increase in demand for medical devices and diagnostic equipment with superior display technologies, is poised to drive in demand for antiglare coatings in the region.
As per our analysts at KD Market Insights, the following five players lead the North America Anti-reflective Coatings market growth:
- 3M
- Honeywell International Inc.
- PPG Industries, Inc.
- Eastman Chemical Company
- Corning Incorporated
Key Countries to Watch for in North America Anti-reflective Coatings market |
Key Insights |
United States Anti-reflective Coatings market to Register the Largest Regional Market Share in 2033 |
USD 2.205 Billion |
Canada Anti-reflective Coatings market to Grow with the Highest CAGR During 2024-2033 |
6.8% |
Which Key Players Top the Global Anti-reflective Coatings market Share?
As per our analysts at KD Market Insights, the competitive landscape of global Anti-reflective Coatings market facilitates our readers in identifying their closest competitors. The manufacturers who are associated with Anti-reflective Coatings market are raising their focus on expanding their presence, as well as their market share. The market has also been witnessing an upward movement in the number of collaborations between research institutions and key players, aimed at introducing advanced technologies and innovation of new products. Here is a list of the key players who top the global Anti-reflective Coatings market share:
- Crizal
- Cyxus
- Guardian Industries Corp.
- Janos Technology
- Abrisa Technologies
- Schott Amiran
- Felix G
- Royal DSM
- Honeywell International Inc.
- Saint-Gobain
What are the Recent Developments Observed in the Anti-reflective Coatings market?
Over the years, the experts at KD Market Insights have been observing the recent developments associated with global Anti-reflective Coatings market trends. Our expert’s market forecast analysis has recorded the market players adopting plentiful of key strategies including new product launches, mergers & acquisitions, and collaborations.
For instance, Samsung stated that it has unveiled its lineup of OLED TV that features a new ‘OLED Glare Free’ coating.
Further, Megasol stated that it has launched a photovoltaic tile that has an antiglare coating.
- Executive Summary
- Market Overview
- Key Findings
- Market Trends
- Market Outlook
- Introduction
- Scope of the Report
- Research Methodology
- Definitions and Assumptions
- Acronyms and Abbreviations
- Market Dynamics
- Drivers
- Restraints
- Opportunities
- Challenges
- Global Anti-reflective Coatings market
- Market Overview
- Market Size and Forecast
- Market Segmentation
- By Application
- By End-Use
- By Region
- Market Segmentation by Application
- Electronic Displays, Automotive, Construction, Eyewear, Others
- Market Segmentation by End-Use
- Residential, Commercial, Industrial, Others
- Regional Analysis
- North America
- United States
- Market Size and Forecast
- Key Trends and Developments
- Market Analysis by Application and End-Use
- Canada
- Market Size and Forecast
- Key Trends and Developments
- Market Analysis by Application and End-Use
- Mexico
- Market Size and Forecast
- Key Trends and Developments
- Market Analysis by Application and End-Use
- United States
- Europe
- United Kingdom
- Market Size and Forecast
- Key Trends and Developments
- Market Analysis by Application and End-Use
- Germany
- Market Size and Forecast
- Key Trends and Developments
- Market Analysis by Application and End-Use
- France
- Market Size and Forecast
- Key Trends and Developments
- Market Analysis by Application and End-Use
- Italy
- Market Size and Forecast
- Key Trends and Developments
- Market Analysis by Application and End-Use
- Spain
- Market Size and Forecast
- Key Trends and Developments
- Market Analysis by Application and End-Use
- Rest of Europe
- Market Size and Forecast
- Key Trends and Developments
- Market Analysis by Application and End-Use
- United Kingdom
- Asia Pacific
- China
- Market Size and Forecast
- Key Trends and Developments
- Market Analysis by Application and End-Use
- Japan
- Market Size and Forecast
- Key Trends and Developments
- Market Analysis by Application and End-Use
- India
- Market Size and Forecast
- Key Trends and Developments
- Market Analysis by Application and End-Use
- Australia
- Market Size and Forecast
- Key Trends and Developments
- Market Analysis by Application and End-Use
- South Korea
- Market Size and Forecast
- Key Trends and Developments
- Market Analysis by Application and End-Use
- Rest of Asia Pacific
- Market Size and Forecast
- Key Trends and Developments
- Market Analysis by Application and End-Use
- China
- Latin America
- Brazil
- Market Size and Forecast
- Key Trends and Developments
- Market Analysis by Application and End-Use
- Argentina
- Market Size and Forecast
- Key Trends and Developments
- Market Analysis by Application and End-Use
- Colombia
- Market Size and Forecast
- Key Trends and Developments
- Market Analysis by Application and End-Use
- Rest of Latin America
- Market Size and Forecast
- Key Trends and Developments
- Market Analysis by Application and End-Use
- Brazil
- Middle East & Africa
- South Africa
- Market Size and Forecast
- Key Trends and Developments
- Market Analysis by Application and End-Use
- Saudi Arabia
- Market Size and Forecast
- Key Trends and Developments
- Market Analysis by Application and End-Use
- UAE
- Market Size and Forecast
- Key Trends and Developments
- Market Analysis by Application and End-Use
- Rest of Middle East & Africa
- Market Size and Forecast
- Key Trends and Developments
- Market Analysis by Application and End-Use
- South Africa
- North America
- Competitive Landscape
- Market Share Analysis
- Company Profiles
- Crizal
- Cyxus
- Guardian Industries Corp.
- Janos Technology
- Abrisa Technologies
- Schott Amiran
- Felix G
- Royal DSM
- Honeywell International Inc.
- Saint-Gobain
- Strategic Recommendations
- Appendix
- List of Tables
- List of Figures
- References
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Request for Customized Report- Publication date: 24th May 2024
- Base year: 2022
- Forecast year: 2023-2033
- Format: PDF, PPT,Word,Excel