Global anti-reflective coatings market is anticipated to grow at a CAGR of 7.6% during the forecast period (2024-2031). A major factor supporting the growth of the market is the increasing demand for eyewear applications. Anti-reflective coatings enhance vision, reduce eye strain, and offer an attractive look to eyeglasses. Specifically, eye lenses with anti-reflective coatings offer sharper vision with less glare during driving at night and provide comfort during prolonged computer or other display screen uses, compared with eyeglass lenses without anti-reflective coatings. In addition, increasing numbers of people suffer from presbyopia, in which the eye lens stiffens with age, making it challenging to read at close range.
Browse the full report description of “Anti-reflective Coatings Market Size, Share & Trends Analysis Report by Application (Eyewear, Electronics, Semiconductors, Solar Panels, Automotive Displays, and Others). by Technology (Vacuum Deposition, Electronic Beam Evaporation, and Sputtering). and by Layer Type (Single Layered and Multi Layered). Forecast Period (2024-2031).” at https://www.omrglobal.com/industry-reports/anti-reflective-coatings-market
According to the US Department of Health and Human Services, nearsightedness affects approximately 23.9% of the population over 40, or approximately 34.0 million Americans. Additionally, according to the International Myopia Institute, Myopia affected nearly 30.0% of the world population in 2020 and is expected to rise to 50.0% by 2050, thereby likely driving the demand for eyeglasses, which are used for addressing myopia. The rising number of eyeglasses will further enhance the demand for the market.
According to the WHO, as of October 2022, around 2.2 billion people have near or distant vision impairment across the globe. Moreover, global costs of productivity losses associated with vision impairment are estimated to be $411.0 billion. This is likely to enhance the demand for respective eye lenses while addressing these impairments, further enhancing the demand for anti-reflective coatings in the country.
Market Coverage
• The market number available for – 2023-2031
• Base year- 2023
• Forecast period- 2024-2031
• Segment Covered-
o By Application
o By Technology
o By Layer Type
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- Carl Zeiss AG, DuPont de Nemours, Inc., EssilorLuxottica, and HOYA Corp., among others.
Key questions addressed by the report.
Global Anti-reflective Coatings Market Report Segment
By Application
By Technology
By Layer Type
Global Anti-reflective Coatings Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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