Europe Optical Coating Market Size & Outlook, 2021-2028
Europe optical coating market, 2016-2028 (US$M)
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Europe optical coating market highlights
- The Europe optical coating market generated a revenue of USD 3,098.5 million in 2021.
- The market is expected to grow at a CAGR of 9.2% 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, UK is expected to register the highest CAGR from 2022 to 2028.
Europe data book summary
| Market revenue in 2021 | USD 3,098.5 million |
| Market revenue in 2028 | USD 5,749.2 million |
| Growth rate | 9.2% (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, Europe region accounted for 18.2% 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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Europe 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 28.6% in 2021. Horizon Databook has segmented the Europe 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.
Growth in residential projects owing to huge influx of migrants in Western Europe and Nordic countries including Germany, Netherlands, Denmark, Finland and Sweden is expected to augment demand for optical coating in construction sector.
Growing need to maintain interior temperature of the buildings and rising emphasis on constructing energy efficient green buildings is expected to propel the market growth in the region. Rising production following the economic recovery from the sales slump in automobile industry is expected to propel optical coatings market growth.
Increasing use of optical coatings in automotive displays and other automotive components including windows, infotainment systems, and headlamps is expected to propel the market demand in the region. Increasing use of standalone off grid solar power generating units in the region is expected to propel the market growth for optical coatings in the region.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe optical coating market , including forecasts for subscribers. This continent databook contains high-level insights into Europe optical coating market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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Europe optical coating market size, by country, 2016-2028 (US$M)
Europe Optical Coating Market Outlook Share, 2021 & 2028 (US$M)
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