Global Anti-reflective Coatings Market

Global Anti-reflective Coatings Market Size, Share, Growth Analysis, By Technology(Electron Beam Evaporation, Sputtering), By Application(Eyewear, Electronics) - Industry Forecast 2024-2031

Report ID: SQMIG15E2276 | Region: Global | Published Date: April, 2024
Pages: 184 | Tables: 65 | Figures: 75

Global Anti-reflective Coatings Market News

  • In February 2024, International Research Group launched New anti-reflective coating for silicon solar cell. The novel anti-reflective coating is based on silicon dioxide and zirconium dioxide. It reportedly minimizes a solar cell’s reflection loss, while enhancing its light absorption properties.

  • In September 2023, HOYA Vision Care, North America, launched the Super HiVision Meiryo EX4—an anti-reflective (AR) lens coating technology treatment. The treatment is designed to be 2.5 times more scratch resistant than standard coating, with durability and long-term cleanability.

  • SpaceX declared in January 2023 that it will launch new Starlink satellites with anti-reflective coatings in the hopes of averting the satellites' potential to harm astronomy.

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Global Anti-Reflective Coatings Market size was valued at USD 5.22 Billion in 2022 and is poised to grow from USD 5.62 Billion in 2023 to USD 10.18 Billion by 2031, at a CAGR of 7.7% during the forecast period (2024-2031).

The global anti-reflective coatings market is a highly competitive landscape with several key players vying for market share. These companies are focused on product development, strategic partnerships, and mergers and acquisitions to strengthen their market position. Collaborations and partnerships are also prevalent in the market, allowing companies to combine their expertise and resources for mutual benefit. Such collaborations enable the development of innovative and customized anti-reflective coatings for specific applications and industries. Mergers and acquisitions are another significant aspect of the competitive landscape, enabling companies to expand their product portfolios and global reach. Such strategic moves help companies strengthen their market presence and gain a competitive edge by leveraging synergies and complementary capabilities. 'Essilor International S.A. (France)', 'Carl Zeiss AG (Germany)', 'Royal DSM (Netherlands)', 'PPG Industries, Inc. (US)', 'Honeywell International Inc. (US)', 'DuPont de Nemours, Inc. (US)', 'Koninklijke DSM N.V. (Netherlands)', 'Opticote Inc. (US)', 'Rodenstock GmbH (Germany)', 'Hoya Corporation (Japan)', 'Schott AG (Germany)', 'JDS Uniphase Corporation (US)', 'Asahi Glass Co., Ltd. (Japan)', 'Nippon Sheet Glass Co., Ltd. (Japan)', 'Guardian Industries (US)', '3M Company (US)', 'Saint-Gobain (France)', 'Abrisa Technologies (US)', 'Janos Technology, LLC (US)', 'Optitune Oy (Finland)'

The demand for electronic devices such as smartphones, tablets, and laptops continue to rise, driving the need for anti-reflective coatings. Consumers expect enhanced visual experiences with reduced glare and improved display clarity, creating a significant market opportunity for anti-reflective coatings in the electronics sector.

Growing Demand for Anti-Reflective Coatings in the Automotive Sector: The automotive industry is witnessing an increasing adoption of anti-reflective coatings in vehicle displays, heads-up displays (HUDs), and mirrors. These coatings enhance visibility, reduce glare, and improve safety, providing a clear view to drivers. The trend towards advanced driver assistance systems (ADAS) and the integration of smart technologies in vehicles drive the demand for anti-reflective coatings in the automotive sector.

North America holds a dominant position in the global anti-reflective coatings market. The region boasts a strong presence of key players in the optics, electronics, and automotive industries, which are major consumers of anti-reflective coatings. The demand for anti-reflective coatings in North America is driven by factors such as technological advancements, high disposable income, and a strong focus on innovation. Additionally, the region's well-established infrastructure and advanced manufacturing capabilities contribute to its leading position in the market. North America's emphasis on improving visual experiences and the adoption of anti-reflective coatings in various applications solidify its dominance in the global market.

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