Global Anti-reflective Coatings Market to be Valued at over US$4.9 bn in 2020, Driven by Robust Demand from the Electronics Industry
The featured report, “Anti-reflective
Coatings Market - Global Industry Analysis, Size, Share, Growth, Trends and
Forecast, 2014 - 2020”, from
Transparency Market Research (TMR) offers the latest insights into the global anti-reflective coatings
market. According to this
report, the global anti-reflective coatings market will expand at an 8.2% CAGR
during the forecast period from 2014 to 2020. In 2013, the global
anti-reflective coatings market was estimated at US$2.9 bn and by 2020, it is
expected to be worth more than US$4.9 bn.
The global anti-reflective coatings market will
almost double in value in the next few years. Factors such as the growing
demand for high light transmitting eyeglasses and lenses and growing
consumption of these coatings in the electronics sector are driving the global
anti-reflective coatings market. Furthermore, the expanding eyewear, flat
display, and semiconductors markets are also boosting the overall
anti-reflective coatings market. Players in the global anti-reflective coatings
market will also benefit from the rising demand from the solar energy industry.
Browse Market Research Report
with TOC & Analysis: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=2387
Nevertheless, the global anti-reflective
coatings market will be restrained by the lack of awareness among consumers,
usability issues, and the stringent environment regulations related with raw
materials.On the basis of end use, the global anti-reflective coatings market
is segmented into automobiles, solar power, electronics, eyewear, and others
such as telecommunication. Anti-reflective coatings are gaining popularity in
these end-use industries due to their ability to enhance visibility, as they
block unwanted reflections from various types of surfaces. Anti-reflective
coatings are primarily used in the optical and electrical sectors to reduce
glare and minimize reflection.
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