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.

According to the US Department of Health and Human Services, near sightedness 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.

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Market Coverage

                 The market number available for – 2023-2031

                 Base year- 2023

                 Forecast period- 2024-2031

Segment Covered- 

       By Application

       By Technology

       By Layer Type

Regions Covered-

       North America

       Europe

       Asia-Pacific

       Rest of the World

Competitive Landscape- Carl Zeiss AG, DuPont de Nemours, Inc., EssilorLuxottica, and HOYA Corp., among others.

Anti-reflective Coatings Market Report Segment

By Application

       Eyewear     

       Electronics   

       Semiconductors       

       Solar Panels   

       Automotive Displays 

       Others

By Technology

       Vacuum Deposition                 

       Electronic Beam Evaporation        

       Sputtering

By Layer Type

       Single Layered     

       Multi Layered

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Anti-reflective Coatings Market Report Segment by Region

North America                                                                                                           

·        United States

·        Canada                     

Europe

·        UK

·        Germany

·        Spain

·        France

·        Italy

·        Rest of Europe

Asia-Pacific

·                  India

·                  China

·                  Japan              

·                  South Korea

·                  Rest of APAC

Rest of the World

       Latin America

       Middle East and Africa 

Company Profiles

       AccuCoat Inc.

       AGC Inc.          

       COCO LENI

       Edmund Optics India Pvt Ltd.

       EKSMA Optics

       Evaporated Coatings Inc. 

       Honeywell International Inc.

       iCoat Company LLC            

       Koninklijke DSM N.V.

       Majestic Optical Coatings LLC

       Optics Balzers AG

       PPG Industries, Inc.

       Rodenstock GmbH

       Torr Scientific Ltd.

       VIAVI Solutions Inc.       

       Zygo Corporation

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