This MRFR report holds an objective outlook towards the global market for Optical Coatings highlighting the recent historical developments, current market trends and expected growth over the next five years. The market estimations in the report covers the expected growth of the market’s overall valuation from 2018 to 2023. The market perspective in the report breaks down the key elements of the Global Optical Coatings Market as well as delivers a commentary on relevant macro and micro-economic aspects. As a part of the analysis, it also covers a discussion on market prospects of popular optical coating types namely- anti-reflective coatings, beam-splitter coatings, electrochromic (EC) coatings, filter coatings (short-pass & long-pass, bandpass, notch filter, others), high reflective coatings, transparent conductive coatings, and partial reflection coatings. The scope of the research also extends to coating methods such as vacuum deposition/ evaporative deposition and sputter deposition. Coating materials discussed in the report include metallic materials and dielectric materials. The findings in the report also indicate that electronics & telecommunication, automotive, healthcare, aerospace & defense, and solar will remain among the key end-use industries for Optical Coatings during the assessment period. All the parameters of the market were examined under five major geographies- Europe, Asia Pacific, North America, the Middle East & Africa (MEA) and Latin America, with the respective country-level market sizes.
Edmund Optics Inc, Thorlabs inc, Angstrom Engineering Inc, Optiforms Inc, Abrisa Technologies, Carl Zeiss Jena GmbH, Inrad Optics, MKS Instruments, Reynard Corporation, PPG industries, Optics Balzers AG, AMETEK, II-VI Incorporation, DowDuPont Inc, Berliner Glas, Optical Coatings Japan
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Market Research Future prepares its reports after conducting extensive analysis on the changing market trends. Comprehensive and reliable research methodologies are utilized for examining the key market divergences as well as identification of market opportunities and threats. A multi-level verification process ensures the generation of highly accurate market data. Statistical observations are finalized after a thorough investigation and analysis of all the market elements. The market facts and information gathered are verified through primary and secondary inputs that include extensive interviews with industry experts, whitepaper reference available in the public domain, and fact sheets of key players among others. Top-down and bottom-up approaches are consulted to reach to concrete conclusions on the market, ensuring optimum quality of the information.
Base Year – 2017
Projection Period – From 2018 to 2024
Market Denomination – USD Million
Conversion Rate – Considered as per the respective financial years
The market for Optical Coating is expected to grow from USD 7,964.8 Mn to over USD 11,700 Mn by the year 2023, indicating towards a healthy CAGR for the market during the review period. Optical coatings are used in a range of applications, which include anti-glare chemical resistance, UV resistance, and scratch & abrasion protection. Optical Coatings are being increasingly used by spectacle manufacturers to enhance the various properties of their products. Over the years, an array of new optical coatings have come up with specific applications. Industries such as automotive, electronics and telecommunication are prominent end-users of such coatings. The technological advancements in the optical coating fabrication is also a key force behind the rapid adoption for optical coating in the manufacturing sector.
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