India Optical Coating Market Size & Outlook, 2021-2028
India optical coating market, 2016-2028 (US$M)
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India optical coating market highlights
- The India optical coating market generated a revenue of USD 838.5 million in 2021 and is expected to reach USD 1,722.5 million by 2028.
- The India market is expected to grow at a CAGR of 10.8% 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 838.5 million |
| Market revenue in 2028 | USD 1,722.5 million |
| Growth rate | 10.8% (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, India accounted for 4.9% 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 Asia Pacific, China optical coating market is projected to lead the regional market in terms of revenue in 2028.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 4,243.4 million by 2028.
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Optical Coating Market Scope
Optical Coating Market Companies
| Name | Profile | # Employees | HQ | Website |
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India 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 27.31% in 2021. Horizon Databook has segmented the India 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.
Large-scale construction activities for the development of infrastructure and to cater to the rising demand for property is expected to propel the demand in the construction industry.
The growing demand for commercial as well as residential infrastructure is expected to augment market growth for optical coatings. Rising demand for optically coated glazed glass, which is tough, abrasion resistant, and aesthetically appealing, is expected to propel demand in the country.
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Our clientele includes a mix of optical coating market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the India optical coating market , including forecasts for subscribers. This country databook contains high-level insights into India optical coating market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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India optical coating market size, by product, 2016-2028 (US$M)
India Optical Coating Market Outlook Share, 2021 & 2028 (US$M)
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