Covid-19 Impact on Anti-Reflective Coatings Market:
The ongoing COVID-19 pandemic conditions have severely affected every sector around the world. Whereas, the chemicals and materials sectors were moderately affected during the pandemic. This is primarily due to the uncut demand for chemicals for healthcare, life science, and cleaning agents. However, other elements of chemical and material sectors such as paints, industrial oil, construction materials are facing diminution in demand. Strict lockdown resulted in a nearly 50-60% reduction in supply for raw materials, which directly affected the manufacturing process. Further, halt on many end-use industries directly affected the chemical demand all around the world.
Anti-Reflective Coatings Market Overview
The global market for Anti-Reflective Coatings is estimated to increase from US$ billion in 2023 to reach US$ billion by 2030, exhibiting a CAGR of 8.55% during 2030
Anti-reflective coatings are optical coatings applied to the surface of lenses and other optical elements to reduce reflection. The growth of the global anti-reflective coatings market is credited to the developments in eyewear, photovoltaics, and construction industries. Increasing installations of solar panels boost the demand for anti-reflective coatings. Additionally, anti-reflective coatings are especially helpful during prolonged computer use and in low-light conditions, such as driving at night.
Moreover, increasing demand for improved light-transmitting lenses and eyeglasses is expected to drive the growth of the global anti-reflective coatings market. The high level of durability of anti-reflective glass is helping to increase their uptake in automobile and solar power industries. Also, increasing demand for anti-reflective coatings from the various sector such as medical, telecommunications, consumer electronics, and defense and military is expected to boost the market growth.
However, the high production costs and lack of awareness about maintenance and proper usage of these coatings are hampering the growth of the market.
Anti-Reflective Coatings Market Segment Overview
The electron beam physical vapor deposition (EBPVD) technique is the standard AR coating technique. Also, the vacuum deposition technique is used to create single and multiple anti-reflective coatings. In addition, anti-reflective coatings provide excellent benefits such as protection against UV-rays, improved vision clarity, and extended life of the lenses. Also, it reduces blue light exposure. All these benefits are expected to increase the demand for anti-reflective coatings in the coming years.
Anti-Reflective Coatings Market Regional Overview
North America commanded a major share of the market and is predictable to maintain its supremacy over the forecast period. Excessive demand for anti-reflective coatings in eyewear applications and consumer goods such as smartphones, cameras, and flat panel displays. It boosts the market growth in this region. The market of the Asia Pacific is projected to grow at the fastest rate in the forthcoming years. Some important aspects such as rapid urbanization and favorable government initiatives on non-conventional energy sources, specifically solar panels. This fuels the demand for anti-reflective coatings in this region.
Anti-Reflective Coatings Market Competitor overview
· In March 2019, ZEISS International, an international technology enterprise operating in the fields of optics and optoelectronics, launched its advanced UV-protect technology that claims total UV protection i.e. up to 400nm in a clear eyeglass lens.
· In March 2020, PPG Industries Inc. announced the motorsports debut of its ballistic, canopy-like windscreen, a key component of the NTT INDYCAR SERIES. PPG windscreen contains an interior anti-reflective coating and an anti-fogging device.
Anti-Reflective Coatings Market, Key Players
· Essilor International
· Carl Zeiss AG
· E. I. du Pont de Nemours and Company
· Koninklijke DSM N.V.
· Honeywell International
· PPG Industries
· Hoya Corporation
· Viavi Solutions, Inc.
· Optical Coatings Japan
· Rodenstock GmbH.
· Royal DSM N.V
· YTC America Inc.
· MAC Thin Films
· ICOAT COMPANY, LLC
· Janos Tech
Anti-Reflective Coatings Market Segmentation
Anti-Reflective Coatings Market, By Substrate
· Glass
· Silicon
· Quartz
· Sapphire
· Plastic
· Others
Anti-Reflective Coatings Market, By Resin
· Epoxy
· Polyurethane
· Acrylic
· Others
Anti-Reflective Coatings Market, By Technology
· Electronic Beam Evaporation
· Vacuum Deposition
· Sol-Gel
· Sputtering
· Others
Anti-Reflective Coatings Market, By Application
· Eyewear
· Solar Panels
· Automotive
· Building And Construction
· Consumer Goods
· Others
Anti-Reflective Coatings market, By Region
The ongoing COVID-19 pandemic conditions have severely affected every sector around the world. Whereas, the chemicals and materials sectors were moderately affected during the pandemic. This is primarily due to the uncut demand for chemicals for healthcare, life science, and cleaning agents. However, other elements of chemical and material sectors such as paints, industrial oil, construction materials are facing diminution in demand. Strict lockdown resulted in a nearly 50-60% reduction in supply for raw materials, which directly affected the manufacturing process. Further, halt on many end-use industries directly affected the chemical demand all around the world.
Anti-Reflective Coatings Market Overview
The global market for Anti-Reflective Coatings is estimated to increase from US$ billion in 2023 to reach US$ billion by 2030, exhibiting a CAGR of 8.55% during 2030
Anti-reflective coatings are optical coatings applied to the surface of lenses and other optical elements to reduce reflection. The growth of the global anti-reflective coatings market is credited to the developments in eyewear, photovoltaics, and construction industries. Increasing installations of solar panels boost the demand for anti-reflective coatings. Additionally, anti-reflective coatings are especially helpful during prolonged computer use and in low-light conditions, such as driving at night.
Moreover, increasing demand for improved light-transmitting lenses and eyeglasses is expected to drive the growth of the global anti-reflective coatings market. The high level of durability of anti-reflective glass is helping to increase their uptake in automobile and solar power industries. Also, increasing demand for anti-reflective coatings from the various sector such as medical, telecommunications, consumer electronics, and defense and military is expected to boost the market growth.
However, the high production costs and lack of awareness about maintenance and proper usage of these coatings are hampering the growth of the market.
Anti-Reflective Coatings Market Segment Overview
The electron beam physical vapor deposition (EBPVD) technique is the standard AR coating technique. Also, the vacuum deposition technique is used to create single and multiple anti-reflective coatings. In addition, anti-reflective coatings provide excellent benefits such as protection against UV-rays, improved vision clarity, and extended life of the lenses. Also, it reduces blue light exposure. All these benefits are expected to increase the demand for anti-reflective coatings in the coming years.
Anti-Reflective Coatings Market Regional Overview
North America commanded a major share of the market and is predictable to maintain its supremacy over the forecast period. Excessive demand for anti-reflective coatings in eyewear applications and consumer goods such as smartphones, cameras, and flat panel displays. It boosts the market growth in this region. The market of the Asia Pacific is projected to grow at the fastest rate in the forthcoming years. Some important aspects such as rapid urbanization and favorable government initiatives on non-conventional energy sources, specifically solar panels. This fuels the demand for anti-reflective coatings in this region.
Anti-Reflective Coatings Market Competitor overview
· In March 2019, ZEISS International, an international technology enterprise operating in the fields of optics and optoelectronics, launched its advanced UV-protect technology that claims total UV protection i.e. up to 400nm in a clear eyeglass lens.
· In March 2020, PPG Industries Inc. announced the motorsports debut of its ballistic, canopy-like windscreen, a key component of the NTT INDYCAR SERIES. PPG windscreen contains an interior anti-reflective coating and an anti-fogging device.
Anti-Reflective Coatings Market, Key Players
· Essilor International
· Carl Zeiss AG
· E. I. du Pont de Nemours and Company
· Koninklijke DSM N.V.
· Honeywell International
· PPG Industries
· Hoya Corporation
· Viavi Solutions, Inc.
· Optical Coatings Japan
· Rodenstock GmbH.
· Royal DSM N.V
· YTC America Inc.
· MAC Thin Films
· ICOAT COMPANY, LLC
· Janos Tech
Anti-Reflective Coatings Market Segmentation
Anti-Reflective Coatings Market, By Substrate
· Glass
· Silicon
· Quartz
· Sapphire
· Plastic
· Others
Anti-Reflective Coatings Market, By Resin
· Epoxy
· Polyurethane
· Acrylic
· Others
Anti-Reflective Coatings Market, By Technology
· Electronic Beam Evaporation
· Vacuum Deposition
· Sol-Gel
· Sputtering
· Others
Anti-Reflective Coatings Market, By Application
· Eyewear
· Solar Panels
· Automotive
· Building And Construction
· Consumer Goods
· Others
Anti-Reflective Coatings market, By Region
- North America
- US
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East and Africa
- GCC
- South Africa
- Rest of Middle East and Africa
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Anti-Reflective Coatings Market Analysis (USD Billion), Insights and Forecast, 2021-2030
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Substrate
- 5.2.1. Glass
- 5.2.2. Silicon
- 5.2.3. Quartz
- 5.2.4. Sapphire
- 5.2.5. Plastic
- 5.2.6. Others
- 5.3. Market Analysis, Insights and Forecast – By Resin
- 5.3.1. Epoxy
- 5.3.2. Polyurethane
- 5.3.3. Acrylic
- 5.3.4. Others
- 5.4. Market Analysis, Insights and Forecast – By Technology
- 5.4.1. Electronic Beam Evaporation
- 5.4.2. Vacuum Deposition
- 5.4.3. Sol-Gel
- 5.4.4. Sputtering
- 5.4.5. Others
- 5.5. Market Analysis, Insights and Forecast – By Application
- 5.5.1. Eyewear
- 5.5.2. Solar Panels
- 5.5.3. Automotive
- 5.5.4. Building And Construction
- 5.5.5. Consumer Goods
- 5.5.6. Others
- 5.6. Market Analysis, Insights and Forecast – By Region
- 5.6.1. North America
- 5.6.2. Latin America
- 5.6.3. Europe
- 5.6.4. Asia Pacific
- 5.6.5. Middle East and Africa
6. North America Anti-Reflective Coatings Market Analysis (USD Billion), Insights and Forecast, 2021-2030
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Substrate
- 6.2.1. Glass
- 6.2.2. Silicon
- 6.2.3. Quartz
- 6.2.4. Sapphire
- 6.2.5. Plastic
- 6.2.6. Others
- 6.3. Market Analysis, Insights and Forecast – By Resin
- 6.3.1. General Aviation
- 6.3.2. Commercial Aircraft
- 6.3.3. Military Aircraft
- 6.4. Market Analysis, Insights and Forecast – By Technology
- 6.4.1. Electronic Beam Evaporation
- 6.4.2. Vacuum Deposition
- 6.4.3. Sol-Gel
- 6.4.4. Sputtering
- 6.4.5. Others
- 6.5. Market Analysis, Insights and Forecast – By Application
- 6.5.1. Eyewear
- 6.5.2. Solar Panels
- 6.5.3. Automotive
- 6.5.4. Building And Construction
- 6.5.5. Consumer Goods
- 6.5.6. Others
- 6.6. Market Analysis, Insights and Forecast – By Country
- 6.6.1. U.S.
- 6.6.2. Canada
7. Latin America Anti-Reflective Coatings Market Analysis (USD Billion), Insights and Forecast, 2021-2030
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Substrate
- 7.2.1. Glass
- 7.2.2. Silicon
- 7.2.3. Quartz
- 7.2.4. Sapphire
- 7.2.5. Plastic
- 7.2.6. Others
- 7.3. Market Analysis, Insights and Forecast – By Resin
- 7.3.1. Epoxy
- 7.3.2. Polyurethane
- 7.3.3. Acrylic
- 7.3.4. Others
- 7.4. Market Analysis, Insights and Forecast – By Technology
- 7.4.1. Electronic Beam Evaporation
- 7.4.2. Vacuum Deposition
- 7.4.3. Sol-Gel
- 7.4.4. Sputtering
- 7.4.5. Others
- 7.5. Market Analysis, Insights and Forecast – By Application
- 7.5.1. Eyewear
- 7.5.2. Solar Panels
- 7.5.3. Automotive
- 7.5.4. Building And Construction
- 7.5.5. Consumer Goods
- 7.5.6. Others
- 7.6. Market Analysis, Insights and Forecast – By Country
- 7.6.1. Brazil
- 7.6.2. Mexico
- 7.6.3. Rest of Latin America
8. Europe Anti-Reflective Coatings Market Analysis (USD Billion), Insights and Forecast, 2021-2030
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Substrate
- 8.2.1. Glass
- 8.2.2. Silicon
- 8.2.3. Quartz
- 8.2.4. Sapphire
- 8.2.5. Plastic
- 8.2.6. Others
- 8.3. Market Analysis, Insights and Forecast – By Resin
- 8.3.1. Epoxy
- 8.3.2. Polyurethane
- 8.3.3. Acrylic
- 8.3.4. Others
- 8.4. Market Analysis, Insights and Forecast – By Technology
- 8.4.1. Electronic Beam Evaporation
- 8.4.2. Vacuum Deposition
- 8.4.3. Sol-Gel
- 8.4.4. Sputtering
- 8.4.5. Others
- 8.5. Market Analysis, Insights and Forecast – By Application
- 8.5.1. Eyewear
- 8.5.2. Solar Panels
- 8.5.3. Automotive
- 8.5.4. Building And Construction
- 8.5.5. Consumer Goods
- 8.5.6. Others
- 8.6. Market Analysis, Insights and Forecast – By Country
- 8.6.1. UK
- 8.6.2. Germany
- 8.6.3. France
- 8.6.4. Italy
- 8.6.5. Spain
- 8.6.6. Russia
- 8.6.7. Rest of Europe
9. Asia Pacific Anti-Reflective Coatings Market Analysis (USD Billion), Insights and Forecast, 2021-2030
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Substrate
- 9.2.1. Glass
- 9.2.2. Silicon
- 9.2.3. Quartz
- 9.2.4. Sapphire
- 9.2.5. Plastic
- 9.2.6. Others
- 9.3. Market Analysis, Insights and Forecast – By Resin
- 9.3.1. Epoxy
- 9.3.2. Polyurethane
- 9.3.3. Acrylic
- 9.3.4. Others
- 9.4. Market Analysis, Insights and Forecast – By Technology
- 9.4.1. Electronic Beam Evaporation
- 9.4.2. Vacuum Deposition
- 9.4.3. Sol-Gel
- 9.4.4. Sputtering
- 9.4.5. Others
- 9.5. Market Analysis, Insights and Forecast – By Application
- 9.5.1. Eyewear
- 9.5.2. Solar Panels
- 9.5.3. Automotive
- 9.5.4. Building And Construction
- 9.5.5. Consumer Goods
- 9.5.6. Others
- 9.6. Market Analysis, Insights and Forecast – By Country
- 9.6.1. China
- 9.6.2. India
- 9.6.3. Japan
- 9.6.4. Australia
- 9.6.5. South East Asia
- 9.6.6. Rest of Asia Pacific
10. Middle East & Africa Anti-Reflective Coatings Market Analysis (USD Billion), Insights and Forecast, 2021-2030
- 10.1. Key Findings / Summary
- 10.2. Market Analysis, Insights and Forecast – By Substrate
- 10.2.1. Glass
- 10.2.2. Silicon
- 10.2.3. Quartz
- 10.2.4. Sapphire
- 10.2.5. Plastic
- 10.2.6. Others
- 10.3. Market Analysis, Insights and Forecast – By Resin
- 10.3.1. Epoxy
- 10.3.2. Polyurethane
- 10.3.3. Acrylic
- 10.3.4. Others
- 10.4. Market Analysis, Insights and Forecast – By Technology
- 10.4.1. Electronic Beam Evaporation
- 10.4.2. Vacuum Deposition
- 10.4.3. Sol-Gel
- 10.4.4. Sputtering
- 10.4.5. Others
- 10.5. Market Analysis, Insights and Forecast – By Application
- 10.5.1. Eyewear
- 10.5.2. Solar Panels
- 10.5.3. Automotive
- 10.5.4. Building And Construction
- 10.5.5. Consumer Goods
- 10.5.6. Others
- 10.6. Market Analysis, Insights and Forecast – By Country
- 10.6.1. GCC
- 10.6.2. South Africa
- 10.6.3. Rest of Middle East & Africa
11. Competitive Analysis
- 11.1. Company Market Share Analysis, 2018
- 11.2. Key Industry Developments
- 11.3. Company Profile
- 11.4. Essilor International
- 11.4.1. Business Overview
- 11.4.2. Segment 1 & Service Offering
- 11.4.3. Overall Revenue
- 11.4.4. Geographic Presence
- 11.4.5. Recent Development
- 11.5. Carl Zeiss AG
- 11.6. E. I. du Pont de Nemours and Company
- 11.7. Koninklijke DSM N.V.
- 11.8. Honeywell International
- 11.9. PPG Industries
- 11.10. Hoya Corporation
- 11.11. Viavi Solutions, Inc.
- 11.12. Optical Coatings Japan
- 11.13. Rodenstock GmbH.
- 11.14. Royal DSM N.V
- 11.15. YTC America Inc.
- 11.16. MAC Thin Films
- 11.17. ICOAT COMPANY, LLC
Research Process
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
