The global Optical Coating Market is expected to cross USD 19.70 billion by 2022. An optical surface presents an ideal optical behaviour. Thin film optics is a significant subject that encompasses the whole of optics and optical coating. Commercially, the performance of an optical coating lies in the difference between the layer interfaces, thickness of individual layers, and presence of number of layers.
Optical coating market is highly driven by the rise in use of AR coatings for camera, mobile, smartphones, solar cells, and corrective lenses. Rise in demand from end-use industries, military, aerospace, and defense is likely to propel the market growth in the forecast period. Increasing use of application in electronics is expected to highly contribute to the market growth in the forecast period.
Product segment for optical coating market includes anti-reflective coatings, high-reflective coatings, transparent conductive coatings and optical filter coatings. Anti-reflective coating segment is expected to gain a higher market share in the global scenario due to rise in transmission and increase in solar and transportation industries.
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Application segment for optical coating industry includes military & defense, healthcare, transportation, construction, electronics and automotive. Electronics and automotive segments account for a significant market share in the forecast period due to rise in demand and consumption. Production of LED lighting and PCB coating is likely to stimulate the market growth during forecast period. Technological segment for optical coatings market include E-Beam Evaporation, IAD, process and vacuum deposition and sputtering process.
Geographical segmentation for optical coating market includes North America, Latin America, Europe, Asia-Pacific, Middle East and Africa. North American regions are expected to account for a significant market share in the forecast period due to rise in production, increase in number of manufacturers, and rise in demand for filter coatings in electronic & semiconductor industry.
Asia-Pacific’s industry is likely to gain a significant CAGR in the forecast period due to increase in use of optical coatings for semiconductor and electrical purpose. The key players in the optical coating industry include ZEISS Group, PPG Industries, DuPont Inc, and Nippon Sheet Glass Co & Ltd.
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Global Optical Coatings Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 – 2022)
• Anti-reflective Coating
• Reflective Coating
• Filter Coating
• Conductive Coating
• Electrochromatic Coating
Global Optical Coating Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 – 2022)
• Consumer Electronics
• Aerospace & Defense
Global Optical Coatings Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 – 2022)
• North America
• Asia Pacific
• Latin America
• Middle East & Africa
Related Reports of this Category available at Million Insights: https://www.millioninsights.com/industry/chemicals-and-materials
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