An antireflective coating is a type of optical coating that is applied to the surface of lenses and other optical elements to reduce reflection. In typical imaging systems, this improves the efficiency since less light is lost due to reflection. Anti-reflective coatings virtually eliminate reflection and glare from the lenses. This allows more light to pass through, helping to see more clearly.
MARKET SCOPE
The "Global Anti-Reflective Coatings Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the anti-reflective coatings market with detailed market segmentation by end user and geography. The report provides key statistics on the market status of the leading anti-reflective coatings market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on end user, the global anti-reflective coatings market is segmented into eyewear, electronics, solar, automobile, and others.
MARKET DYNAMICS
Drivers:
- Depleting fossil fuels and global warming concerns have resulted in the installations of solar panels.
- Increasing use of anti-reflective coatings in consumer goods such as screens of smartphones, televisions, and laptops.
- The surging demand for non-conventional sources of energy and increasing implementation of anti-reflective coatings in solar and consumer goods applications.
- Rising R&D activities drive the anti-reflective coatings market.
Restraints
- High production costs and lack of awareness regarding maintenance and appropriate usage of these coatings.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The anti-reflective coatings market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the anti-reflective coatings market in these regions.
IMPACT OF COVID-19 ON ANTI-REFLECTIVE COATINGS MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The chemical & materials industry is one of the major industries suffering serious disruptions, such as supply chain breaks, technology events cancellations, and office shutdowns, as a result of this pandemic. The shutdown of various plants and factories in leading regions such as North America, Europe, Asia Pacific, South America, and the Middle East & Africa has affected the global supply chain and negatively impacted the manufacturing, delivery schedules, and sales of various goods. Furthermore, various companies have already announced possible delays in product deliveries and slump in future sales of their products.
MARKET PLAYERS
The report covers key developments in the anti-reflective coatings market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from anti-reflective coatings market are anticipated to lucrative growth opportunities in the future with the rising demand for anti-reflective coatings in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the anti-reflective coatings market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Honeywell International
- Hoya Corporation
- PPG Industries
- Carl Zeiss
- Royal DSM
- Optical Japan
- Essilor International
- JSD Uniphase Corp
- HOYA VISION CARE COMPANY
- Janos Tech