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Global Optical Coatings Market to Grow at a CAGR of 8% from 2017 to 2021: Technavio

Published on 2017-02-16. Author : SpecialChem

Technavio has announced that the global optical coatings market is expected to grow at a CAGR of close to 8% during the forecast period 2017 to 2021.

Technavio’s Report

  • The report by Technavio provides an in-depth analysis of the global optical coatings market regarding revenue and emerging market trends. 
  • The report also includes an up-to-date analysis and forecasts for various market segments and all geographical regions

Technavio research analysts categorize the market based on the type

Optical PR

The Top Three Revenue Contributing Type Segments:

Global anti-reflective coatings market:
  • Anti-glare coatings are thin-film coatings, which are applied on the optical surface to increase the efficiency of the optics
  • These films improve the efficiency by enhancing contrast, increasing transmission, and eliminating ambiguous images

The anti-reflective coatings are durable and possess decent physical and environmental damage. Due to these properties, it is profoundly used in various lenses and optics. The application of anti-reflective coatings are increasing in the construction, energy, optics, and imaging industries,” says Ajay Adikari, a lead analyst at Technavio for research on paints, coatings, and pigments.

Global optical filter coatings market:
  • Optical filters cover a wide range of wavelength from deep ultraviolet (UV) to far infrared (IR) light
  • Optical coating materials can be used in various complex applications in the life science and medical sectors
  • Typically, optical filters are used in medical, quality assurance, photography, instrument manufacture, astronomy, aerospace, and decorative lighting applications

Global transparent conductive coatings market:
  • Transparent conductive coatings are commonly used to reduce glare and improve the clarity of digital displays
  • These coatings can be enhanced to provide excellent electrical and optical properties and improved long-term stability
  • They are used in applications where the high transmission of visible light is required with an electrically conductive surface such as security, military, medical displays, display windows, aerospace applications, and many more
  • The growing demand for display-added devices and smartphones is likely to propel the growth of the market for transparent conductive coatings during the forecast period

About Technavio

TechNavio currently has more than 3000 market research reports on a huge range of topics, including 50+ reports on organic products- Natural and Organic Personal Care Product Market in the US 2014-2018 and Natural and Organic Food Market in the US 2014-2018

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Source: Technavio
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