Anti-Reflective Glass Coatings Market by Regional Analysis, Key Players and Forecast 2025
Top players operating in the global anti-reflective glass coatings market
include Tru Vue, Inc., DSM, PPG Industries, Honeywell International
Inc., Saint Gobain, Falkberg, Schott AG, Guardian Glass, and Anthony
International, notes Transparency Market Research (TMR). Leading players
opt for a mix of strategies to retain their stronghold in the market.
Several of these players are resorting to offering differentiated
offering by introducing high-performance anti-reflective glass coatings
optimized for specific industrial applications, in a move to garner a
competitive edge over their rivals. They are also investing
substantially on research and development activities aimed at developing
advanced technologies and at affordable pricing for end users, to
consolidate their shares over the forecast period, observes TMR.
In recent years, one of the chief
strategies adopted by top players to gain a better foothold in the
market has been making partnership deals with regional suppliers.
Furthermore, a number of prominent companies are focusing on their
consolidation of manufacturing facilities, in order to get a better
foothold in the market.
The global anti-reflective coatings
market is projected to rise at an impressive CAGR of 9.5% from 2017 to
2025 and is estimated to reach a valuation of 1,790.5 square meter by
the end of the forecast timeline.
The major technologies employed for
anti-reflective glass coatings are physical vapor deposition and
chemical vapor deposition. Of the two, the physical vapor deposition
method currently accounts for the leading share in the global market.
The technology segment is expected to hold its sway over the forecast
period, as well. The growth is fueled by the widespread demand for this
technology, notably the superiorly of the underlying sputtering
technology in anti-reflective coatings.
Regionally, Asia Pacific is projected to
be the most attractive market and it will rise at the dominant CAGR over
the assessment period. The regional market is estimated to reach 440.3
square meter by the end of 2025. The growth can be attributed to the
vast strides being taken by electronics manufacturing industry in
countries such as China and India, thereby accounting for the
substantial demand.
Use in Projector Monitor Lenses Accounts for Prominent Demand For Anti-Reflective Glass Coatings
The growth of the anti-reflective glass
coatings is driven primarily by their rising applications in a wide
range of lighting solutions in end-use industries, notably in consumer
electronics, construction, telecommunications, and eyewear. The
widespread use of anti-reflective glass coating technology for making
projector monitor lenses is a notable factor boosting the market.
Several attractive features are propelling the demand for
anti-reflective glass coatings in these applications, such as markedly
high transmissions and low reflectivity leading to striking clear
transparency of the glasses. Since the coatings allow for a remarkable
display in high resolution, apart from high color fidelity, they find
prominent applications in display glass materials in the building and
construction industry. Increasing focus on including glasses for
aesthetics in commercial buildings is a notable factor bolstering the
application in making facades and shop windows. The striking durability
of anti-reflective glass coatings as well as high optical qualities is a
significant factor stoking the demand in automobile and solar panel
manufacturing industries.
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Advancements in Processing Technologies open up Lucrative Avenues
Strict regulations and norms for the use
of raw materials used in making anti-reflective glass coatings is a
crucial aspect impeding the demand for these coatings. Nevertheless,
constant advancements in processing technologies and a continued focus
of product innovations is what will drive the demand for these coating
over the forecast period. Furthermore, substantial advances in material
sciences and nanotechnology related to glass coatings in recent years
augur well for the overall market. Furthermore, the development of
anti-reflective coatings for specialized optical applications, such to
be use in adverse environment will further boost its applications in the
coming years.
The study presented here is based on a report by Transparency Market Research (TMR) titled “Anti-Reflective
Glass Coatings Market (Technology – Physical Vapor Deposition and
Chemical Vapor Deposition; Application – Large Area Glass Coatings
(Picture Frames, Electronic Displays, Refrigerated Displays, Solar, and
Automotive) and Small Batch-Coated Lenses) – Global Industry Analysis,
Size, Share, Growth, Trends, and Forecast 2017 – 2025