PPT-Anti Reflective (AR) Coatings Market: GMI

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Anti Reflective (AR) Coatings Market 2016 2023
Anti Reflective (AR) Coatings Market Size,
Potential, Industry Outlook, Regional Analysis,
Application Development, Competitive Landscape
Forecast, 2016 - 2023
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Global Market Scenario of Anti Reflective (AR)
Coatings

• Global anti reflective coatings market size was
  estimated at over 320 kilo tons in 2013 and is
  likely to reach above 500 kilo tons by 2023.
• This market is likely to grow with an estimated
  CAGR of above 6 up to 2023.
• This market was worth above USD 2.5 million in
  2013 and is likely to be worth more than USD 5
  million by 2023.
• Increase in protective coatings market demand
  from end-use industries such as automobile,
  electronics, eyewear, and telecommunications and
  solar is likely to drive anti-reflective coatings
  market.
• Eyewear market applications accounted for more
  than 35 of the total demand in 2014. This
  application is likely to witness steady growth
  rates up to 2023 owing to growing importance of
  wearing high light transmitting lenses and
  glasses.

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• Electronics was second largest end-use segment
  and is likely to witness significant growth rates
  over the forecast period. Increasing demand for
  flat display screens coupled with growth in smart
  phone production is likely to support market
  growth.
• Increasing installation of solar panels owing to
  conserve energy owing to depleting conventional
  resources is likely to favor anti-reflective
  coatings market growth.
• Increasing automobile production particularly in
  emerging economies such as China, India,
  Thailand, Indonesia and Mexico is likely to drive
  demand.
• Low consumer awareness regarding usability
  coupled with stringent environmental norms on
  usage of certain raw materials is likely to
  challenge to industry growth.
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360 Analysis

• Application Analysis
• Eyewear market applications accounted for more
  than 35 of the total demand in 2014. This
  application is likely to witness steady growth
  rates up to 2023 owing to growing importance of
  wearing high light transmitting lenses and
  glasses.
• Electronics was second largest end-use segment
  and is likely to witness significant growth rates
  over the forecast period.
• Increasing installation of solar panels owing to
  conserve energy owing to depleting conventional
  resources is likely to favor anti-reflective
  coatings market growth.
• Regional Analysis
• North America was the leading regional consumer
  and accounted for a major chunk of the market
  share in 2014. Growing demand for eyeglasses,
  lenses and flat panel display screens in the U.S.
  and Canada is likely to favor growth in North
  America. Europe is likely to witness considerable
  gains over the forecast period owing to
  increasing number of solar panel installations
  and growth in automobile production in UK, France
  and Germany.
• Middle East Africa and Latin America anti
  reflective coatings markets are also likely to
  witness significant growth rates owing to booming
  eyewear industry coupled with growth in solar
  power project initiatives by government of
  various regions such as Brazil, South Africa and
  UAE.

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• Competitive Market Share
• The global anti reflective coatings market share
  is moving towards consolidation as this industry
  is witnessing frequent mergers acquisitions
  between large scale and small scale industries..
  Small medium size enterprises find themselves
  difficult to sustain under tough economic
  conditions. Key companies operating in this
  market include Royal DSM, Honeywell
  International, Carl Zeiss and PPG Industries.
  Other prominent manufactures include JSD Uniphase
  Corp, Optical Japan, Hoya Corporation and Essilor
  International.
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