Product Code: PM3844
The global optical coatings market size is expected to reach USD 28.40 billion by 2032, according to a new study by Polaris market research. The report "Optical Coatings Market Share, Size, Trends, Industry Analysis Report, By Technology (Vacuum Deposition, E-beam Evaporation, Sputtering Process, and Ion-Assisted Deposition (IAD)); By Type; By End-Use; By Region; Segment Forecast, 2023 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The industry is seeing rapid growth as a result of rising demand for optical coatings in industrial applications. Telecommunications, automobile optics, photonic devices, security devices, photovoltaic technology ophthalmics, sensors, construction, and biological and biomedical applications all use optical coatings. The electromagnetic spectrum of applications is projected to grow as industrial demands increase. Rapid improvements in optical technology, such as cameras, displays, sensors, and lenses, have produced an increasing demand for high-performance optical coatings. These coatings increase the operation and performance of optical equipment, resulting in better picture quality, light transmission, and stability.
Additionally, Optical coatings enable effective light transmission while minimizing signal losses, making them vital for current communication systems. Connections between continents have become increasingly active as optical fiber networks have expanded. The implementation of the Internet is also supporting the accelerating development of the optical industry. Complex filters are used to monitor optical fiber network signal transmission. The telecommunications sector will be the fastest-increasing market for these applications of coatings. However, these are the factors that are boosting the market growth over the forecast period.
Moreover, the leading market participants are spending on R&D and partnerships, resulting in technological improvements and the advent of new coating materials and methods. For instance, in June 2023, PPG collaborated with Satys to offer electrocoating (e-coat) of the OEM aircraft parts. Satys expected to establish a PPG AEROCRON e-coat priming facility in France.
Furthermore, Consumer electronics, solar panels, architecture, automotive, military and defense, medical, and telecommunications are just a few of the industries where optical coatings are being used fast. Reflective coatings are mostly used in the building, telecommunications, and space industries. Reflective coatings are increasingly being used in green buildings to retain heat and reduce energy consumption, which is projected to increase demand throughout the forecast period. Moreover, the rising demand for portable consumer electronics, combined with the expanding usage of handheld consoles, is likely to boost market expansion throughout the forecast period.
Optical Coatings Market Report Highlights
The transparent conductive coatings segment is anticipated to grow at a significant CAGR over the forecast period owing to the development of alternate energy resources.
Consumer electronics segment accounted for largest revenue share which is accelerated by the increasing consumer disposable income
Asia-Pacific is expected to grow at a substantial CAGR over the projected period because of the rising demand for devices
The global players include: 3M Company, BASF, Newport Corporations, PPG Industries, Schott, VIAVI Solutions, and ZEISS International.
Polaris market research has segmented the Optical Coatings market report based on technology, type, end-use, and region:
Optical Coatings, Technology Outlook (Revenue - USD Billion, 2019 - 2032)
- Vacuum Deposition
- E-beam Evaporation
- Sputtering Process
- Ion-Assisted Deposition (IAD)
Optical Coatings, Type Outlook (Revenue - USD Billion, 2019 - 2032)
- AR Coatings
- High Reflective Coatings
- Filter Coatings
- Transparent Conductive Coatings
- EC Coatings
- Beam splitter Coatings
- Polarized Coatings
- UV Coatings
- Optical Protective
- Others
Optical Coatings, End-Use Outlook (Revenue - USD Billion, 2019 - 2032)
- Military
- Defense
- Electronics and Semiconductor
- Transportation
- Infrastructure
- Solar Power
- Telecomm or Optical Communication
- Medical and Healthcare
- Others
Optical Coatings, Regional Outlook (Revenue - USD Billion, 2019 - 2032)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Netherlands
- Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Malaysia
- Latin America
- Argentina
- Brazil
- Mexico
- Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Optical Coatings Market Insights
- 4.1. Optical Coatings Market - Technology Snapshot
- 4.2. Optical Coatings Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Increasing use of optical coatings in semiconductors
- 4.2.1.2. Growing Healthcare Industry
- 4.2.2. Restraints and Challenges
- 4.2.2.1. High Production Costs
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. Optical Coatings Market Technology Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Optical Coatings Market, by Type
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Optical Coatings Market, by Type, 2019-2032 (USD Billion)
- 5.3. AR Coatings
- 5.3.1. Global Optical Coatings Market, by AR Coatings, by Region, 2019-2032 (USD Billion)
- 5.4. High Reflective Coatings
- 5.4.1. Global Optical Coatings Market, by High Reflective Coatings, by Region, 2019-2032 (USD Billion)
- 5.5. Filter Coatings
- 5.5.1. Global Optical Coatings Market, by Filter Coatings, by Region, 2019-2032 (USD Billion)
- 5.6. Transparent Conductive Coatings
- 5.6.1. Global Optical Coatings Market, by Transparent Conductive Coatings, by Region, 2019-2032 (USD Billion)
- 5.7. EC Coatings
- 5.7.1. Global Optical Coatings Market, by EC Coatings, by Region, 2019-2032 (USD Billion)
- 5.8. Beam splitter Coatings
- 5.8.1. Global Optical Coatings Market, by Beam splitter Coatings, by Region, 2019-2032 (USD Billion)
- 5.9. Polarized Coatings
- 5.9.1. Global Optical Coatings Market, by Polarized Coatings, by Region, 2019-2032 (USD Billion)
- 5.10. UV Coatings
- 5.10.1. Global Optical Coatings Market, by UV Coatings, by Region, 2019-2032 (USD Billion)
- 5.11. Optical Protective
- 5.11.1. Global Optical Coatings Market, by Optical Protective, by Region, 2019-2032 (USD Billion)
- 5.12. Others
- 5.12.1. Global Optical Coatings Market, by Others, by Region, 2019-2032 (USD Billion)
6. Global Optical Coatings Market, by End-Use
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Optical Coatings Market, by End-Use, 2019-2032 (USD Billion)
- 6.3. Military
- 6.3.1. Global Optical Coatings Market, by Military, by Region, 2019-2032 (USD Billion)
- 6.4. Defense
- 6.4.1. Global Optical Coatings Market, by Defense, by Region, 2019-2032 (USD Billion)
- 6.5. Electronics and Semiconductor
- 6.5.1. Global Optical Coatings Market, by Electronics and Semiconductor, by Region, 2019-2032 (USD Billion)
- 6.6. Transportation
- 6.6.1. Global Optical Coatings Market, by Transportation, by Region, 2019-2032 (USD Billion)
- 6.7. Infrastructure
- 6.7.1. Global Optical Coatings Market, by Infrastructure, by Region, 2019-2032 (USD Billion)
- 6.8. Solar Power
- 6.8.1. Global Optical Coatings Market, by Solar Power, by Region, 2019-2032 (USD Billion)
- 6.9. Telecomm or Optical Communication
- 6.9.1. Global Optical Coatings Market, by Telecomm or Optical Communication, by Region, 2019-2032 (USD Billion)
- 6.10. Medical and Healthcare
- 6.10.1. Global Optical Coatings Market, by Medical and Healthcare, by Region, 2019-2032 (USD Billion)
- 6.11. Others
- 6.11.1. Global Optical Coatings Market, by Others, by Region, 2019-2032 (USD Billion)
7. Global Optical Coatings Market, by Technology
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global Optical Coatings Market, by Technology, 2019-2032 (USD Billion)
- 7.3. Vacuum Deposition
- 7.3.1. Global Optical Coatings Market, by Vacuum Deposition, By Region, 2019-2032 (USD Billion)
- 7.4. E-beam Evaporation
- 7.4.1. Global Optical Coatings Market, by E-beam Evaporation, By Region, 2019-2032 (USD Billion)
- 7.5. Sputtering Process
- 7.5.1. Global Optical Coatings Market, by Sputtering Process, By Region, 2019-2032 (USD Billion)
- 7.6. Ion-Assisted Deposition (IAD)
- 7.6.1. Global Optical Coatings Market, by Ion-Assisted Deposition (IAD), By Region, 2019-2032 (USD Billion)
8. Global Optical Coatings Market, by Geography
- 8.1. Key findings
- 8.2. Introduction
- 8.2.1. Optical Coatings Market Assessment, By Geography, 2019-2032 (USD Billion)
- 8.3. Optical Coatings Market - North America
- 8.3.1. North America: Optical Coatings Market, by Type, 2019-2032 (USD Billion)
- 8.3.2. North America: Optical Coatings Market, by Technology, 2019-2032 (USD Billion)
- 8.3.3. North America: Optical Coatings Market, by End-Use, 2019-2032 (USD Billion)
- 8.3.4. Optical Coatings Market - U.S.
- 8.3.4.1. U.S.: Optical Coatings Market, by Type, 2019-2032 (USD Billion)
- 8.3.4.2. U.S.: Optical Coatings Market, by Technology, 2019-2032 (USD Billion)
- 8.3.4.3. U.S.: Optical Coatings Market, by End-Use, 2019-2032 (USD Billion)
- 8.3.5. Optical Coatings Market - Canada
- 8.3.5.1. Canada: Optical Coatings Market, by Type, 2019-2032 (USD Billion)
- 8.3.5.2. Canada.: Optical Coatings Market, by Technology, 2019-2032 (USD Billion)
- 8.3.5.3. Canada: Optical Coatings Market, by End-Use, 2019-2032 (USD Billion)
- 8.4. Optical Coatings Market - Europe
- 8.4.1. Europe: Optical Coatings Market, by Type, 2019-2032 (USD Billion)
- 8.4.2. Europe.: Optical Coatings Market, by Technology, 2019-2032 (USD Billion)
- 8.4.3. Europe: Optical Coatings Market, by End-Use, 2019-2032 (USD Billion)
- 8.4.4. Optical Coatings Market - UK
- 8.4.4.1. UK: Optical Coatings Market, by Type, 2019-2032 (USD Billion)
- 8.4.4.2. UK.: Optical Coatings Market, by Technology, 2019-2032 (USD Billion)
- 8.4.4.3. UK: Optical Coatings Market, by End-Use, 2019-2032 (USD Billion)
- 8.4.5. Optical Coatings Market - France
- 8.4.5.1. France: Optical Coatings Market, by Type, 2019-2032 (USD Billion)
- 8.4.5.2. France.: Optical Coatings Market, by Technology, 2019-2032 (USD Billion)
- 8.4.5.3. France: Optical Coatings Market, by End-Use, 2019-2032 (USD Billion)
- 8.4.6. Optical Coatings Market - Germany
- 8.4.6.1. Germany: Optical Coatings Market, by Type, 2019-2032 (USD Billion)
- 8.4.6.2. Germany.: Optical Coatings Market, by Technology, 2019-2032 (USD Billion)
- 8.4.6.3. Germany: Optical Coatings Market, by End-Use, 2019-2032 (USD Billion)
- 8.4.7. Optical Coatings Market - Italy
- 8.4.7.1. Italy: Optical Coatings Market, by Type, 2019-2032 (USD Billion)
- 8.4.7.2. Italy.: Optical Coatings Market, by Technology, 2019-2032 (USD Billion)
- 8.4.7.3. Italy: Optical Coatings Market, by End-Use, 2019-2032 (USD Billion)
- 8.4.8. Optical Coatings Market - Spain
- 8.4.8.1. Spain: Optical Coatings Market, by Type, 2019-2032 (USD Billion)
- 8.4.8.2. Spain.: Optical Coatings Market, by Technology, 2019-2032 (USD Billion)
- 8.4.8.3. Spain: Optical Coatings Market, by End-Use, 2019-2032 (USD Billion)
- 8.4.9. Optical Coatings Market - Netherlands
- 8.4.9.1. Netherlands: Optical Coatings Market, by Type, 2019-2032 (USD Billion)
- 8.4.9.2. Netherlands.: Optical Coatings Market, by Technology, 2019-2032 (USD Billion)
- 8.4.9.3. Netherlands: Optical Coatings Market, by End-Use, 2019-2032 (USD Billion)
- 8.4.10. Optical Coatings Market - Russia
- 8.4.10.1. Russia: Optical Coatings Market, by Type, 2019-2032 (USD Billion)
- 8.4.10.2. Russia.: Optical Coatings Market, by Technology, 2019-2032 (USD Billion)
- 8.4.10.3. Russia: Optical Coatings Market, by End-Use, 2019-2032 (USD Billion)
- 8.5. Optical Coatings Market - Asia Pacific
- 8.5.1. Asia Pacific: Optical Coatings Market, by Type, 2019-2032 (USD Billion)
- 8.5.2. Asia Pacific.: Optical Coatings Market, by Technology, 2019-2032 (USD Billion)
- 8.5.3. Asia Pacific: Optical Coatings Market, by End-Use, 2019-2032 (USD Billion)
- 8.5.4. Optical Coatings Market - China
- 8.5.4.1. China: Optical Coatings Market, by Type, 2019-2032 (USD Billion)
- 8.5.4.2. China.: Optical Coatings Market, by Technology, 2019-2032 (USD Billion)
- 8.5.4.3. China: Optical Coatings Market, by End-Use, 2019-2032 (USD Billion)
- 8.5.5. Optical Coatings Market - India
- 8.5.5.1. India: Optical Coatings Market, by Type, 2019-2032 (USD Billion)
- 8.5.5.2. India.: Optical Coatings Market, by Technology, 2019-2032 (USD Billion)
- 8.5.5.3. India: Optical Coatings Market, by End-Use, 2019-2032 (USD Billion)
- 8.5.6. Optical Coatings Market - Malaysia
- 8.5.6.1. Malaysia: Optical Coatings Market, by Type, 2019-2032 (USD Billion)
- 8.5.6.2. Malaysia.: Optical Coatings Market, by Technology, 2019-2032 (USD Billion)
- 8.5.6.3. Malaysia: Optical Coatings Market, by End-Use, 2019-2032 (USD Billion)
- 8.5.7. Optical Coatings Market - Japan
- 8.5.7.1. Japan: Optical Coatings Market, by Type, 2019-2032 (USD Billion)
- 8.5.7.2. Japan.: Optical Coatings Market, by Technology, 2019-2032 (USD Billion)
- 8.5.7.3. Japan: Optical Coatings Market, by End-Use, 2019-2032 (USD Billion)
- 8.5.8. Optical Coatings Market - Indonesia
- 8.5.8.1. Indonesia: Optical Coatings Market, by Type, 2019-2032 (USD Billion)
- 8.5.8.2. Indonesia.: Optical Coatings Market, by Technology, 2019-2032 (USD Billion)
- 8.5.8.3. Indonesia: Optical Coatings Market, by End-Use, 2019-2032 (USD Billion)
- 8.5.9. Optical Coatings Market - South Korea
- 8.5.9.1. South Korea: Optical Coatings Market, by Type, 2019-2032 (USD Billion)
- 8.5.9.2. South Korea.: Optical Coatings Market, by Technology, 2019-2032 (USD Billion)
- 8.5.9.3. South Korea: Optical Coatings Market, by End-Use, 2019-2032 (USD Billion)
- 8.6. Optical Coatings Market - Middle East & Africa
- 8.6.1. Middle East & Africa: Optical Coatings Market, by Type, 2019-2032 (USD Billion)
- 8.6.2. Middle East & Africa.: Optical Coatings Market, by Technology, 2019-2032 (USD Billion)
- 8.6.3. Middle East & Africa: Optical Coatings Market, by End-Use, 2019-2032 (USD Billion)
- 8.6.4. Optical Coatings Market - Saudi Arabia
- 8.6.4.1. Saudi Arabia: Optical Coatings Market, by Type, 2019-2032 (USD Billion)
- 8.6.4.2. Saudi Arabia.: Optical Coatings Market, by Technology, 2019-2032 (USD Billion)
- 8.6.4.3. Saudi Arabia: Optical Coatings Market, by End-Use, 2019-2032 (USD Billion)
- 8.6.5. Optical Coatings Market - UAE
- 8.6.5.1. UAE: Optical Coatings Market, by Type, 2019-2032 (USD Billion)
- 8.6.5.2. UAE.: Optical Coatings Market, by Technology, 2019-2032 (USD Billion)
- 8.6.5.3. UAE: Optical Coatings Market, by End-Use, 2019-2032 (USD Billion)
- 8.6.6. Optical Coatings Market - Israel
- 8.6.6.1. Israel: Optical Coatings Market, by Type, 2019-2032 (USD Billion)
- 8.6.6.2. Israel.: Optical Coatings Market, by Technology, 2019-2032 (USD Billion)
- 8.6.6.3. Israel: Optical Coatings Market, by End-Use, 2019-2032 (USD Billion)
- 8.6.7. Optical Coatings Market - South Africa
- 8.6.7.1. South Africa: Optical Coatings Market, by Type, 2019-2032 (USD Billion)
- 8.6.7.2. South Africa.: Optical Coatings Market, by Technology, 2019-2032 (USD Billion)
- 8.6.7.3. South Africa: Optical Coatings Market, by End-Use, 2019-2032 (USD Billion)
- 8.7. Optical Coatings Market - Latin America
- 8.7.1. Latin America: Optical Coatings Market, by Type, 2019-2032 (USD Billion)
- 8.7.2. Latin America.: Optical Coatings Market, by Technology, 2019-2032 (USD Billion)
- 8.7.3. Latin America: Optical Coatings Market, by End-Use, 2019-2032 (USD Billion)
- 8.7.4. Optical Coatings Market - Mexico
- 8.7.4.1. Mexico: Optical Coatings Market, by Type, 2019-2032 (USD Billion)
- 8.7.4.2. Mexico.: Optical Coatings Market, by Technology, 2019-2032 (USD Billion)
- 8.7.4.3. Mexico: Optical Coatings Market, by End-Use, 2019-2032 (USD Billion)
- 8.7.5. Optical Coatings Market - Brazil
- 8.7.5.1. Brazil: Optical Coatings Market, by Type, 2019-2032 (USD Billion)
- 8.7.5.2. Brazil.: Optical Coatings Market, by Technology, 2019-2032 (USD Billion)
- 8.7.5.3. Brazil: Optical Coatings Market, by End-Use, 2019-2032 (USD Billion)
- 8.7.6. Optical Coatings Market - Argentina
- 8.7.6.1. Argentina: Optical Coatings Market, by Type, 2019-2032 (USD Billion)
- 8.7.6.2. Argentina.: Optical Coatings Market, by Technology, 2019-2032 (USD Billion)
- 8.7.6.3. Argentina: Optical Coatings Market, by End-Use, 2019-2032 (USD Billion)
9. Competitive Landscape
- 9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
- 9.2. Partnerships/Collaborations/Agreements/Exhibitions
10. Company Profiles
- 10.1. 3M Company
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
- 10.2. Abrisa Technologies
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
- 10.3. Akzo Nobel
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
- 10.4. Artemis Optical
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
- 10.5. BASF
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
- 10.6. Byk-Chemie
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
- 10.7. Covestro
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
- 10.8. Eastman Chemical
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
- 10.9. Evaporated Coatings
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development
- 10.10. Gelest
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Development
- 10.11. Inrad Optics
- 10.11.1. Company Overview
- 10.11.2. Financial Performance
- 10.11.3. Product Benchmarking
- 10.11.4. Recent Development
- 10.12. Materion Corporation
- 10.12.1. Company Overview
- 10.12.2. Financial Performance
- 10.12.3. Product Benchmarking
- 10.12.4. Recent Development
- 10.13. Newport Corporations
- 10.13.1. Company Overview
- 10.13.2. Financial Performance
- 10.13.3. Product Benchmarking
- 10.13.4. Recent Development
- 10.14. Nippon Sheet Glass
- 10.14.1. Company Overview
- 10.14.2. Financial Performance
- 10.14.3. Product Benchmarking
- 10.14.4. Recent Development
- 10.15. Optical Coatings Japan
- 10.15.1. Company Overview
- 10.15.2. Financial Performance
- 10.15.3. Product Benchmarking
- 10.15.4. Recent Development
- 10.16. PPG Industries
- 10.16.1. Company Overview
- 10.16.2. Financial Performance
- 10.16.3. Product Benchmarking
- 10.16.4. Recent Development
- 10.17. Reynard Corporation
- 10.17.1. Company Overview
- 10.17.2. Financial Performance
- 10.17.3. Product Benchmarking
- 10.17.4. Recent Development
- 10.18. Schott
- 10.18.1. Company Overview
- 10.18.2. Financial Performance
- 10.18.3. Product Benchmarking
- 10.18.4. Recent Development
- 10.19. VIAVI Solutions
- 10.19.1. Company Overview
- 10.19.2. Financial Performance
- 10.19.3. Product Benchmarking
- 10.19.4. Recent Development
- 10.20. ZEISS International
- 10.20.1. Company Overview
- 10.20.2. Financial Performance
- 10.20.3. Product Benchmarking
- 10.20.4. Recent Development