Market Analysis Report Anti-Reflective Coatings Market | Seite 2

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Focus on renewable energy is projected to create new avenues for AR coatings. Owing to thei r anti-reflective
properties, they could become integral to solar panels in the forthcoming years. However, consumers in the
Anti-Reflective Coatings Market are not fully aware of the uses and benefits of these products. This inhibits
market growth. Furthermore, soaring prices of key raw materials, like magnesium chloride may have an
adverse effect.
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market
The industry is split on the basis of end-users and geographies. Electronics, telecommunications, eye-
wear, automotives, and solar constitute the end-users. Eye-wear dominated in 2015. The demand for
‘anti-reflective’ spectacles and lenses is proliferating due to superior optical experience offered by AR
coatings. Consumers are willing to spend more on comfort and higher visibility, especially while driving
at night.
Electronics was the second-largest segment in 2015. It is said to grow lucratively during the forecast
period. AR coatings are mainly used in smartphone displays and flat glass panels. They are also
incorporated in semiconductors. Solar would grow at the fastest rate till 2024. When used in solar
panels, AR coatings transmit more light and curb its reflection.
Geographically, the Anti-Reflective Coatings Market is divided into North America, Asia Pacific,
Europe, Latin America, and the MEA (The Middle East & Africa). North America has been leading since
2013. This can be attributed to abundant demand for flat panel displays, lenses, and eyeglasses in the
U.S. and Canada. Europe should generate high demand for solar panel applications. Robust
automotives industry in France, Germany, and the U.K. may spur Europe.
Asia Pacific is predicted to emerge as an important region by 2024. It is the manufacturing hub of many
industries. Large-scale solar projects in India, China, and Bangladesh will contribute regional
expansion.
Famous players in the worldwide anti-reflective (AR) coatings market comprise Honeywell International
Inc., Carl Zeiss AG, Essilor International S.A., and Optical Coatings Japan. Royal DSM, JDS Uniphase
Corporation, and Hoya Corporation are the other well-known vendors.
To stay competitive, majority of these participants emphasize on developing easy-to-clean products
with scratch & fingerprint resistance and anti-static properties. Due to the challenging economic
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