Anti-Reflective Coatings Market

Anti-Reflective Coatings Market is valued at USD 4587.1 Million in 2021 and expected to reach USD 7610.3 Million by 2028 with a CAGR of 7.5% over the forecast period. 

Anti-Reflective Coatings Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2022-2028- Increasing demand of solar panels and rise in demand for eyeglasses, camera lenses, and microscope optics are some of the major factors expected to drive the growth of the Global Anti-Reflective Coatings Market.

Scope of Global Anti Reflective Coatings Market Report–

Anti-reflective coating improves vision, reduces eye strain and makes eyeglasses look more attractive. It is dielectric thin-film coating applied to an optical surface in order to the reflectance of that surface due to Fresnel reflection at least in certain wavelength range. To measure the quantum state of any system without disturbing that system. It is also known as AR, anti-glare, no-glare or glare-free coating. Additionally, AR coating is added to lenses to reduce glare caused by light hitting the back of the lenses. This modern invention improves vision and makes your eyeglasses more visually attractive. Anti-reflection coating on solar cell are similar to those used on other optical equipment such as camera lenses. they consist of a thin layer of dielectric material, with a specially chosen thickness so that interference effects in the coating cause the wave reflected from antireflection coating top surface to be out of phase with the wave reflected from semiconductor surface.

Due to the Covid-19 pandemic, most of the countries have gone under lockdown, which affected the operations of various industries. Pandemic has divested various industries in various ways. Due to the restriction on transportation raw material supply chain has disrupted and it impacted on production of anti-reflection coating as well. Additionally, the end user industries are affected badly like, solar panels industry, camera lenses manufacturing industries are shut down due to that the demand of antireflective coating in pandemic was also affected. 

The Anti-reflective coatings market is segmented on the basis of end user, technology, layer type and region & country level. On the basis of end user, the market is classified into eyewear, electronics, solar, automobile and others. On the basis of technology, the market is classified into electronic beam, ultraviolet and others. On the basis of layer type, the market is classified into single layered and multi layered.

Anti-Reflective Coatings Market Key Players

• Essilor International
• Carl Zeiss AG
• EI du Pont de Nemours and Company
• Koninklijke DSM NV
• Honeywell International
• PPG Industries
• Hoya Corporation
• ViaviSolutions, Inc.
• Optical Coatings Japan
• Rodenstock GmbH

Global Anti Reflective Coatings Market Segmentation:

By Layer Type

• Single Layered
• Multi Layered

By Technology

• Electronic Beam
• Ultraviolet 
• Others

By End User

• Eyewear
• Electronics
• Solar
• Automobile
• Others

The regions covered in Anti reflective coatings Market report are North America, Europe, Asia-Pacific, Latin America and Rest of the World. On the basis of country level, the market of Global Anti reflective coatings is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, India, Japan, South East Asia, Middle East Asia (Saudi Arabia, UAE, Egypt) GCC, Africa, etc.

Global Anti Reflective Coatings Market Dynamics-

The increasing demand from the solar power industry is one of the major factors driving the market growth. In the recent years,  the demand of antireflective coating is high in demand due to increasing number of solar power plants. In the solar power plant, the antireflective coating is used on the solar panels for reduce reflection and increase light absorption of solar cell similarly it increases the performance. From the past few years, the antireflective coating is used on solar panel glass surface. It improves the light transmittance and therefor increase the overall efficiency of the PV module. For example; China has the largest solar energy capacity in the world of 204,700 megawatts (MW), about 3.9% of China’s total energy consumption. The United States has the second-highest total solar PV capacity of any single country of 75,900 MW, about 2.8% of the United States’ total energy consumption. Additionally, increasing concern  regarding environment and rising awareness about renewable energy are also supplementing the market growth. For example; a new solar plant with 1,500-megawatt (MW) capacity will be developed in Abu Dhabi. Abu Dhabi Water & Electricity Authority (ADWEA) raised $650 million in debt with the remaining $222 million raised in equity.

Anti-reflection coatings are widely used throughout the field of optical technology such as in corrective eyeglasses, camera lenses, and microscope optics, to improve the transmittance and reduce the reflectance of glass and other transparent materials. To date, these coatings have suffered from relatively poor scratch resistance and high scratch visibility compared to standard glasses. 

However, lack of awareness regarding anti reflective coatings market along with less knowledge and expertise leads to restrain the growth of market. The implementation of anti-reflective coatings solutions is expensive and also time consuming and this may hinder the market growth up to some extent. In spite of all these factors, the emergence of new technologies in anti-reflective coatings will create opportunities offer more opportunities for the further growth of the global anti reflective coatings market.

North America is Anticipated to Dominate the Global Anti reflective coatings Market

North America is anticipated to capture the largest market share of the global anti reflective coatings market within the forecast period owing to the increasing consumption of eyeglasses, camera lenses, and microscope optics and solar panels in this region. For example, in United States solar power plants installation is gradually rising in order. Government is taking initiatives and investing into the solar power plants which is also supplementing growth of market. 

Europe is expected to witness a significant growth global anti reflective coatings market owing to the increasing adoption of solar power electricity in this region. For example; Germany is one of the largest solar power producers in the world with an installed capacity of nearly 60 gigawatt (GW) in 2021. Asia Pacific is an emerging market for the anti-reflective coatings due to the rising disposable income coupled with increasing awareness about solar power in this region.

News-

VSP Optics Launched New Techshield Anti-Reflective Coatings 

On November 5th, 2021; VSP Optics announced the launch of new TechShield Anti-Reflective (AR) Coatings. As part of its ongoing commitment to provide eye care professionals with innovative, high-quality products, TechShield AR Coatings now offer patients greater clarity, scratch resistance, smudge resistance, and cleanability.

On Special Requirments Anti-Reflective Coatings Market Report is also available for the below Regions and Countries:

North America

• U.S.
• Canada

Europe

• Germany
• France
• U.K.
• Italy
• Spain
• Sweden
• Netherland
• Turkey
• Switzerland
• Belgium
• Rest of Europe

Asia-Pacific

• South Korea
• Japan
• China
• India
• Australia
• Philippines
• Singapore
• Malaysia
• Thailand
• Indonesia
• Rest Of APAC

Latin America

• Mexico
• Colombia
• Brazil
• Argentina
• Peru
• Rest of South America

Middle East and Africa

• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest Of MEA

Report Analysis	Details
Historical data	2018 - 2021
Forecast Period	2022 - 2028
Market Size in 2021:	USD 4587.1 Million
Base year considered	2020
Forecast Period CAGR %:	7.5%
Market Size Expected in 2028:	USD 7610.3 Million
Tables, Charts & Figures:	175
Pages	200
Anti-Reflective Coatings Companies	Essilor International, Carl Zeiss AG, EI du Pont de Nemours and Company, Koninklijke DSM NV, Honeywell International, PPG Industries, Hoya Corporation, ViaviSolutions, Inc., Optical Coatings Japan, Rodenstock GmbH and other.
Segments Covered	By Layer Type, By Technology, By End User
Regional Analysis	North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa

Key Benefits of Global Anti Reflective Coatings Market Report–

• Anti-reflective coatings Market report covers in-depth historical and forecast analysis.
• Anti-reflective coatings Market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market Opportunities, Competitive Analysis, Regional and Country Level.
• Anti-reflective coatings Market report helps to identify opportunities in marketplace.
• Anti-reflective coatings Market report covers extensive analysis of emerging trends and competitive landscape.