Anti-reflective Coatings Market growing due to Importance of Asset Management in Industry
In the past few years, anti-reflective coatings have advanced as an effective reflection and glare reducing coating in electrical and optical applications. Anti-reflective coatings arrest the unwanted reflections from surfaces, thus increasing visibility. These coatings eliminate back-glare, which is one of the most common problems associated with eyeglasses and sunglasses. Most anti-reflective coatings exhibit features such as high transmittance and low reflectance. The coatings have gained significant importance in the electronics and solar industry owing to their features. Some of the materials used in manufacturing lenses and eyeglasses have high surface reflection, and anti-reflective coatings helps to reduce these reflections.
Based on end-users, the market for anti-reflective coatings is classified as eyewear, electronics, solar, automobile, and telecommunication among others. The market for anti-reflective coatings is mainly driven by the growing demand from the eyewear and electronics industry. Anti-reflective coatings are applied on eyeglasses, lenses, flat panel displays, touch screens and smartphone displays among others. Anti-reflective coatings can be used on a wide range of substrates such as glass, sapphire, quartz, and Yttrium aluminium garnet (YaG). Moreover, these coatings find applications in binocular lenses, kiosk displays, telescopes, riflescopes and video glasses. Increasing demand from the solar and telecommunication industry is likely to provide better opportunities for the anti-reflective coatings market over the forecast period. However, poor consumer awareness and usability issues, coupled with environmental regulations associated with the raw materials are expected to hinder market growth over the next few years.
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Eyewear dominated the demand for anti-reflective coatings in the past few years and constituted around 40% of the global demand in 2013. With increasing requirement for high light transmitting eyeglasses and lenses from eye wearers, the demand for anti-reflective coatings is expected to grow over the forecast period. They enhance the contrast levels of surroundings, thus increasing the visibility. Anti-reflective coatings also eliminate unwanted reflections, leading to a better night driving experience for eyeglasses and lenses users. Moreover, they reduce glare in bright sunlight thus providing a higher degree of comfort. Electronics is anticipated to be the second-largest end-user for anti-reflective coatings over the forecast period. Increasing demand for anti-reflective coatings from smartphone displays and flat panel displays is projected to show potential market growth. Moreover, anti-reflective coatings are used in the photolithography stage of semiconductor fabrication. It eliminates reflective notching and standing waves thus enhancing the process of lithography. Solar which is one of the fastest growing end-user segments for anti-reflective coatings is likely to impel the market growth over the forecast period. Automobiles are also considered one of the major outlets for anti-reflective coatings owing to increasing demand from window shields, GPS displays and dashboards.
North America was the largest regional market for anti-reflective coatings market and accounted for over 35% of the global demand in 2013. Increasing demand for anti-reflective coatings from eyeglasses, lenses and smartphone displays is driving the demand in this region. Demand for anti-reflective coatings in Europe is growing due to the solar and automobile industry. The demand for anti-reflective coatings from the eyewear industry in Europe is expected to show stable demand over the next few years. Asia Pacific is expected to be the fastest growing market for anti-reflective coatings over the forecast period. Increasing demand for anti-reflective coatings from countries such as China, India and South Korea is projected to encourage potential market growth in this region. Growing solar projects and eyewear industry in Brazil, South Africa and the Middle East has been a key factor for increasing demand for anti-reflective coatings in the Rest of the World region.
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Companies such as Carl Zeiss AG, Essilor International S.A., PPG Industries Inc., Honeywell International Inc., Royal DSM, Optical Coatings Japan, Hoya Corporation and JDS Uniphase Corporation are the major manufacturers in the anti-reflective coatings market. Most of the manufacturers in the industry offer anti-reflective coatings with anti-static, scratch resistance, easy-to-clean and fingerprint resistance features.
Table of Content
Chapter 1 Preface
Chapter 2 Executive Summary
Chapter 3 Anti-reflective Coatings Market – Industry Analysis
Chapter 4 Anti-reflective Coatings Market – End-user Analysis
Chapter 5 Anti-reflective Coatings Market – Regional Analysis
Chapter 6 Company Profiles
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