Optical Coatings Market - Trends Forecast Till 2028

Optical Coatings Market by Technology, (Vacuum Deposition, E-Beam Evaporation, Sputtering Process, and Ion Assisted Deposition (IAD)), Type, End-Use Industry, and Geography (North America, Europe, Asia-Pacific, Middle East & Africa and South America)

Published Date: May, 2021

Base Year Estimate: 2020

Report ID: D-CM-OCM-165

Format:  

Number of Pages: 428

Domain: Chemicals & Materials

Optical Coatings Market – Trends Forecast Till 2028

The global optical coatings market size is estimated at USD 12.6 billion in 2021 and is projected to reach USD 19.0 billion by 2026, at a CAGR of 8.5% during the forecast period 2021-2028

The growing demand for optical coatings in industrial applications from emerging economies of APAC and Europe are some of the factors that have supported long-term expansion for the Optical Coatings Market.

 Optical Coatings Market Analysis

The optical Coatings Market is segmented into Technology, Type, End-Use Industry, and Geography.

The technology segment is segmented into vacuum deposition technology, E-beam evaporation, a sputtering process, and ion-assisted deposition (IAD) technology.

The type segment is segmented into AR coatings, high reflective coatings, transparent conductive coating, filter coatings, beam splitter, and EC coatings.

The end-use industry is segmented into electronics & semiconductors, military & defense, transportation, telecommunication/optical communication, infrastructure, solar power, and medical.

Geographically, Optical Coatings Market is sub-segmented into North America, Europe, Asia-Pacific, Middle East, and Africa, and South America and insights are provided for each region and major countries within the regions

Key players in Optical Coatings Market are Dupont (US), PPG Industries Ohio, Inc. (US), Nippon Sheet Glass Co., Ltd. (Japan), ZEISS International (Germany), Newport Corporation (US), Inrad Optics (US), Inc., Artemis Optical Limited (UK), Abrisa Technologies (US), Reynard Corporation (US), II-VI Aerospace & Defense (US)

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Research Methodology

Secondary Research

In the secondary research process, various secondary sources, such as Hoovers and Bloomberg BusinessWeek, were referred to for identifying and collecting information for this study. These secondary sources included annual reports, press releases & investor presentations of companies, white papers, certified publications, articles by recognized authors, gold standard & silver standard websites, food safety organizations, regulatory bodies, and databases.

Primary Research

The optical coatings comprise several stakeholders, such as raw material suppliers, end-product manufacturers, and regulatory organizations in the supply chain. The optical coatings market is witnessing high growth owing to demand longer shelf-life of food products, increasing demand for customer-friendly packaging, and a rising number of retail chains in developing countries. Growth in the market is also backed by the growing consumer preference for packed & processed food, rising per-capita income, and development of end-use industries. The supply side is characterized by market consolidation activities undertaken by raw material suppliers. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information.

The primary Respondent breakdown is given below:

Optical Coatings Market Primary Respondents

Market Sizing

Top-down and bottom-up approaches were used to estimate and validate the total size of the optical coatings market. These methods were also used extensively to estimate the size of the various subsegments in the market.

Data Validation

Impact analysis has been conducted for deriving the market size. After collecting the in-depth quantitative and qualitative data we contact the primary respondent to gain a 98.8% of confidence level on our data.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Reasons to Acquire

  • Increase your understanding of the market for identifying the best and suitable strategies and decisions based on sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends, and factors
  • Gain authentic and granular data access for the optical coatings market to understand the trends and the factors involved in changing market situations
  • Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
  • In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope

 

Report Feature

Descriptions

Market Revenue In 2021

USD 12.6 billion

Growth Rate

CAGR of 8.5 % during the forecasting period, 2021-2028

Historical Data

2018-2019

Forecast Years

2021-2028

Base Year

2020

Units Considered

Revenue in USD billion and CAGR from 2021 to 2028

Report Segmentation

Technology, Type, End-Use Industry, and Geography

Report Attribute

Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling

Regional Level Scope

North America, Europe, Asia-Pacific, South America, and the Middle East and Africa

Country Level Scope

U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe)

Companies Profiled

Dupont (US), PPG Industries Ohio, Inc. (US), Nippon Sheet Glass Co., Ltd. (Japan), ZEISS International (Germany), Newport Corporation (US), Inrad Optics (US), Inc., Artemis Optical Limited (UK), Abrisa Technologies (US), Reynard Corporation (US), II-VI Aerospace & Defense (US)

Available Customization

In addition to the market data for Optical Coatings Market, Delvens offers client-centric reports and customized according to the company’s specific demand and requirement.

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