Asia Pacific Optical Coating Market Size & Outlook
Asia Pacific optical coating market, 2016-2028 (US$M)
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Asia Pacific optical coating market highlights
- The Asia Pacific optical coating market generated a revenue of USD 6,396.1 million in 2021.
- The market is expected to grow at a CAGR of 10.2% from 2022 to 2028.
- In terms of segment, anti-reflective coatings was the largest revenue generating product in 2021.
- Reflective Coatings is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, China is expected to register the highest CAGR from 2022 to 2028.
Asia Pacific data book summary
| Market revenue in 2021 | USD 6,396.1 million |
| Market revenue in 2028 | USD 12,585.2 million |
| Growth rate | 10.2% (CAGR from 2021 to 2028) |
| Largest segment | Anti-reflective coatings |
| Fastest growing segment | Reflective Coatings |
| Historical data covered | 2016 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Anti-Reflective Coatings, Reflective Coatings, Filter Coatings, Conductive Coatings, Electrochromic Coatings |
| Key market players worldwide | Cascades Inc, Inrad Optics Inc, Fujikura Ltd, PPG Industries Inc, Viavi Solutions Inc, Flat Glass Group Co Ltd Shs -H- Reg S, Berlinger & Co AG |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 37.6% of the global optical coating market in 2021.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2028.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 12,585.2 million by 2028.
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Optical Coating Market Scope
Optical Coating Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific optical coating market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to optical coating market will help companies and investors design strategic landscapes.
Anti-reflective coatings was the largest segment with a revenue share of 28.61% in 2021. Horizon Databook has segmented the Asia Pacific optical coating market based on anti-reflective coatings, reflective coatings, filter coatings, conductive coatings, electrochromic coatings covering the revenue growth of each sub-segment from 2016 to 2028.
Growing demand for commercial as well as residential infrastructure is expected to augment market growth for optical coatings. The rise in use of optical coatings including anti-reflective and UV Filter in the construction of offices, shopping malls, museums, airports and other commercial buildings is expected to drive the market demand.
Rising demand for optically coated glazed glass which is tough, abrasion resistant and aesthetic in view is expected to propel optical coating demand in the region. However, the slower growth rate of the construction industry in China owing to structural change in China’s economy is expected to restrain growth.
The rising youth population coupled with growing demand for consumer electronic products namely mobiles, tablets, cameras, LED screens, video game consoles and personal computers are expected to augment demand over the forecast period.
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Our clientele includes a mix of optical coating market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific optical coating market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific optical coating market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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Asia Pacific optical coating market size, by country, 2016-2028 (US$M)
Asia Pacific Optical Coating Market Outlook Share, 2021 & 2028 (US$M)
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