Global Anti-reflective Glass Coatings Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Anti-reflective Glass Coatings Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

An antireflective or anti-reflection (AR) coating is a type of optical coating applied to the surface of lenses and other optical elements to reduce reflection. In typical imaging systems, this improves the efficiency since less light is lost due to reflection. In complex systems such as telescopes and microscopes the reduction in reflections also improves the contrast of the image by elimination of stray light. This is especially important in planetary astronomy. In other applications, the primary benefit is the elimination of the reflection itself, such as a coating on eyeglass lenses that makes the eyes of the wearer more visible to others, or a coating to reduce the glint from a covert viewer's binoculars or telescopic sight.

Market Overview:

The latest research study on the global Anti-reflective Glass Coatings market finds that the global Anti-reflective Glass Coatings market reached a value of USD 1971.0 million in 2022. It’s expected that the market will achieve USD 2865.0 million by 2028, exhibiting a CAGR of 6.43% during the forecast period.

Drivers

The anti-reflective coatings market is mainly driven by the growth in demand in the eyewear and electronics industries. Anti-reflective coatings are used in glasses, lenses, flat panel displays, touch screens and smartphone display. Anti-reflective coatings can be used on various substrates such as glass, sapphire, quartz and yttrium aluminum garnet (YaG). In addition, these coatings can be used for binoculars, kiosk displays, telescopes, rifle mirrors and video glasses. During the forecast period, the growth of solar and telecommunications industry demand may provide better opportunities for the anti-reflective coatings market. Due to the growing demand for window covers, GPS displays and dashboards, cars are also considered to be one of the main drivers of anti-reflective coatings.

Limitations

Poor consumer awareness and usability issues, coupled with environmental regulations related to raw materials, will hinder the market growth of anti-reflective coatings. While scratches in any optical lens is bad, the AR layer makes scratches much more visible. The reflection of the glass increases if the thin coating is scrapped off. Cleaning with water is essential to avoid this. Due to the transparency of the lenses, they may look dirty. Although anti-reflective coatings are indeed dirtier than ordinary glasses, they are more noticeable because there is no glare to cover up the dust. Another major factor hindering the growth of this market is the fluctuation of raw material prices. Fluctuations in the prices of raw materials used to manufacture coatings are the main challenges of the global anti-reflective coating market.

Opportunities

Anti-reflective coatings are widely used to improve the efficiency of solar panels. The fast-growing solar photovoltaic market, coupled with increasing attention to the development of clean energy, will continue to drive market demand. In addition, anti-reflective coatings are also used for scientific and medical screen displays, so demand is increasing. Increased investment in healthcare by developing countries, coupled with the growth of the medical device industry, is expected to have a positive impact on demand. Manufacturers have been trying to develop effective low-cost coating technology. Shortening delivery time, on time delivery, high quality and reasonable price are some of the major consumer requirements in the anti-reflective coating market. Good contact with suppliers and the use of advanced technology are the main factors that make anti-reflective coating products unique.

Region Overview:

In 2022, the share of the Anti-reflective Glass Coatings market in North America stood at 42.68%.

Company Overview:

Essilor International is one of the major players operating in the Anti-reflective Glass Coatings market, holding a share of 12.97% in 2023.

Essilor International

Essilor International S.A. is a French-based international ophthalmic optics company that designs, manufactures and markets lenses to correct or protect eyesight. The company formed from the merger of ophthalmic firms Essel and Silor in 1972. Its activities are largely focused on research and development.

Carl Zeiss

ZEISS is active in four business segments with approximately equal revenue, Industrial Quality and Research, Medical Technology, Consumer Markets and Semiconductor Manufacturing Technology in almost 50 countries, has 30 production sites and around 25 development sites worldwide.

Segmentation Overview:

Among different product types, Sputtering segment is anticipated to contribute the largest market share in 2028.

Electron Beam Evaporation

Physical vapor deposition is the most widely used technology for anti-reflective coatings. It includes electron beam evaporation method, ion beam sputtering, ion plating, ion implantation, etc. Other techniques for depositing AR coatings include chemical vapor deposition, sol-gel method and spin method.

Sputtering

Sputtering technology is expected to experience significant growth during the forecast period due to its high mechanical and environmental durability and higher accuracy and absorption. The utilization of these technologies depends to a large extent on the required output, cost, substrate and materials to be coated.

Application Overview:

In the Anti-reflective Glass Coatings market, 49.2% of the total value was generated through the Eyewear segment by application in 2022.

Eyewear

Opticians may recommend the use of anti-reflection lenses because the reduced reflection enhances the appearance of the lens. Generally speaking, this type of lens can reduce glare, but the reduction is very small. Eliminating reflections allows more light to pass through, thereby slightly increasing contrast and visual acuity.

Electronics

Anti-reflection coatings are increasingly used in smartphone displays and flat panel displays. In addition, anti-reflective coatings are used in the lithography stage of semiconductor manufacturing. It eliminates reflection traps and standing waves, thereby enhancing the lithography process.

Solar

The Anti Reflective Coating on a solar cell helps to increase the amount of light absorbed into the cell. This anti reflective coating is very much needed as the reflection of a bare silicon solar cells is relatively high. For the thin AR Coating, silicon nitride or titanium oxide is used.

Automotive

The use of anti-reflective coatings in the automotive industry has various advantages, such as improved protection of the cockpit. Automotive lidar is a sensor that can draw the surrounding environment of self-driving cars. The external window on the radar can be coated with an anti-reflective coating for the wavelength of the light source. The rear of the window consists of a transparent coating, which is also electrically conductive and can heat the window without freezing

Key Companies in the global Anti-reflective Glass Coatings market covered in Chapter 3:

3M Company
Cascade Optical Corporation
Carl Zeiss
PPG
Essilor International
GroGlass
Saint-Gobain
Honeywell
Guardian Industries Corporation
Glass Trösch
Hoya Corporation
Abrisa Technologies
Royal DSM

In Chapter 4 and Chapter 14.2, on the basis of types, the Anti-reflective Glass Coatings market from 2018 to 2029 is primarily split into:

Electron Beam Evaporation
Sputtering
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Anti-reflective Glass Coatings market from 2018 to 2029 covers:

Eyewear
Electronics
Solar
Automotive
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)