Market revenue in 2021 | USD 62.3 million |
Market revenue in 2028 | USD 98.3 million |
Growth rate | 6.7% (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 |
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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 27.77% in 2021. Horizon Databook has segmented the UAE 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.
The government has implemented a law, wherein developers have to offer 15-20% off on the projects in the affordable housing category. There are number of projects including Capital District- Abu Dhabi, which is valued at USD 40,000 million and is expected to be completed by 2030 and Mohammed bin Rashid City valued at USD 55,000 million and is expected to be completed by 2023. This is expected to drive the optical coatings market.
The new Dubai office projects are focusing on the undersupplied high-end/prime location market. The office construction projects include Renaissance City valued at USD 25,000 million and is expected to be completed by 2020 and Masdar City valued at USD 22,000 million is expected to be completed by 2026. Increased development of offices is expected to drive the optical coatings market.
Horizon Databook provides a detailed overview of country-level data and insights on the UAE optical coating market , including forecasts for subscribers. This country databook contains high-level insights into UAE optical coating market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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