Vancouver, BC -- (SBWIRE) -- 02/02/2021 -- The industry for anti-reflective or anti-glare coatings is undergoing significant growth due to its increasing use in eyeglasses, appliances, solar power and the automobile industries. Due to growing competition for an anti-reflective lens, growing demand for solar photovoltaic cells, increasing spending in medicine and the development of the automobile industry, amongst many others, are responsible for the development of the market. The global Anti-reflective Coatings Market is projected to be valued at USD 6,875.3 Million by 2027, at a CAGR of 6.3% according to Emergen Research.

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The growing demand for an anti-reflective lens in eyewear is one of the significant factors influencing the market growth. The anti-reflective coating lens provides you a clearer vision, thus putting less strain on eyes while focusing and are particularly appropriate for individuals who spent substantial time in front of computers, which may lead to significant eye strain. The anti-reflection coating mitigates the presence of glare on lenses, allowing clear visibility. Moreover, they offer better longevity as compared to regular lenses and provide superior scratch-resistant, along with better dirt & water-resistant.
Market Drivers

The increasing need for anti-reflective coatings in digital equipment is a core driver of consumer requirement. The need for anti-reflective coatings is largely motivated by the increasing popularity of smartphones, which are tested multiple times per day. Such products enhance the brightness of the screen, whether indoors or in daylight. In addition, the increasing market for big ultra-HD televisions is commonly seen in advanced nations and is gathering traction in underdeveloped nations.

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Regional Landscape
North America's market domination is due to the increasing number for smart gadgets, eyeglasses & sunglasses and cars. Growing cases of child-to-adult corrective lenses, evolving habits, and growing people's knowledge of technology have a significant customer base for the industry. The demand in the Asia-Pacific region is foreseen to expand at faster rate during the projected time frame, due to a broad growth engine for consumer electronics and a rapid rise in solar panel production. In terms of sales, China is the largest manufacturer and manufacturer of anti-reflective coatings in the country.

Key participants include Carl Zeiss, Hoya Corporation, Royal DSM, Essilor International SA, PPG Industries, Optical Coatings Japan, Honeywell International Inc., DuPont, iCoat Company LLC, and Rodenstock GmbH, among others.

Resin Type Outlook (Revenue, USD Billion; 2017-2027)
Acrylic
Urethane
Epoxy
Others

Technology Outlook (Revenue, USD Billion; 2017-2027)
Electron Beam
Sputtering
Others

Application Outlook (Revenue, USD Billion; 2017-2027)
Eyewear
Electronic
Solar Panels
Automotive
Others

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Key questions answered in the report
What will be the market size in terms of value and volume in the next five years?
Which segment is currently leading the market?
In which region will the market find its highest growth?
Which players will take the lead in the market?
What are the key drivers and restraints of the market's growth?

Research Methodology
Data triangulation and market breakdown
Research assumptions Research data including primary and secondary data
Primary data includes breakdown of primaries and key industry insights
Secondary data includes key data from secondary sources

Report Objectives
Examine the size of the global Anti-Reflective Coatings market based on the parameters of value and volume.
Accurately calculate the market shares, consumption, and other essential aspects of different segments of the global Anti-Reflective Coatings market.
Explore the underlying dynamics of the global Anti-Reflective Coatings market.
Highlight significant trends of the global Anti-Reflective Coatings market based on factors including, production, revenue, and sales.
Extensively profile top players of the global Anti-Reflective Coatings market and showing how they compete in the industry.
Study manufacturing processes and the costs, product pricing, and various trends associated with them.
Analyze the performance of different regions and countries in the global Anti-Reflective Coatings market.
Forecast the market size and share of all segments and regions in the global landscape.

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Key Highlights From The Report
In May 2020, Super HiVision EX3+ anti-reflective coating by HOYA Vision Care was launched in the US. The innovative lens treatment provides superior scratch resistance, cleanability, and longevity offered by providers and patients of eye care with complete back-side ultra-violet protection.

Acrylic resins are a better optical display screen filter, providing better image clarity, 97.0% light transmission, superior glare reduction, and scratch-resistant coating, with lightweight characteristics.

Sputtering is a cleaner deposition process, allowing enhanced film densification and reduction of substrate residual stresses as deposition takes place at a low to mid-temperature range. Further, the rate of deposition and stress is controlled by the application of power and pressure.
The anti-reflective coating on solar photovoltaic cells assists in increasing the absorption of light in the cell. The anti-reflective coating is essential as the reflection of a solar cell made of bare silicon is more than 30.0%.

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Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
Chapter 3. Key Insights
Chapter 4. Anti-Reflective Coatings Market Segmentation & Impact Analysis
Chapter 5. Anti-Reflective Coatings Market By Resin Type Insights & Trends, Revenue (USD Million)
Chapter 6. Anti-Reflective Coatings Market By Technology Insights & Trends Revenue (USD Million)
Chapter 7. Anti-Reflective Coatings Market By Application Insights & Trends Revenue (USD Million)
Chapter 8. Anti-Reflective Coatings Market Regional Outlook
Chapter 9. Competitive Landscape
Continued…