Brazil Optical Coating Market Size & Outlook, 2021-2028
Brazil optical coating market, 2016-2028 (US$M)
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Brazil optical coating market highlights
- The Brazil optical coating market generated a revenue of USD 248.3 million in 2021 and is expected to reach USD 455.5 million by 2028.
- The Brazil market is expected to grow at a CAGR of 9.1% 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.
Optical coating market data book summary
| Market revenue in 2021 | USD 248.3 million |
| Market revenue in 2028 | USD 455.5 million |
| Growth rate | 9.1% (CAGR from 2021 to 2028) |
| Largest segment | Anti-reflective coatings |
| Fastest growing segment | Reflective Coatings |
| Historical data | 2016 - 2020 |
| Base year | 2021 |
| Forecast period | 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, Brazil accounted for 1.5% of the global optical coating market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Latin America, Brazil optical coating market is projected to lead the regional market in terms of revenue in 2028.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 455.5 million by 2028.
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Optical Coating Market Scope
Optical Coating Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil 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 28.92% in 2021. Horizon Databook has segmented the Brazil 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.
Developing infrastructure in Brazil is expected to augment demand for electrochromic coatings for windows and decorative purposes. In addition, the presence of major aerospace companies namely Embraer, with over 90% of the local market share, and the growing utilization of these coatings in window systems, surface solutions, and airframe manufacturing for the aerospace sector is expected to propel the demand for these coatings over the forecast period.
Rising construction activities including roads, airports, ports and housing projects are expected to propel optical coatings demand in the economy. Growth in residential infrastructure which holds a 31.0% market share in the construction industry is expected to propel the market demand for optical coatings in the region owing to the growing use of glass in house construction.
The growing electronics industry due to the provision of tax incentives for manufacturers is expected to drive the optical coatings market demand in the region. Rising investment by telecom operators to improve consumer services and the development of wire line and wireless technology in the economy is expected to propel market demand over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil optical coating market , including forecasts for subscribers. This country databook contains high-level insights into Brazil optical coating market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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Brazil optical coating market size, by product, 2016-2028 (US$M)
Brazil Optical Coating Market Outlook Share, 2021 & 2028 (US$M)
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