Global Anti-reflective Coating Market by Types, Applications, and Regions — Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2020–2026

Global Anti-reflective Coatings Market is valued to reach USD 7.2 Billion by 2025, growing at CAGR of 6.01% over the forecast period 2020–2026. Key factors driving the market are increase in production of solar panels, growing demand for efficient optical devices from end-use applications and advancements in the field of fabrication and deposition techniques.

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Market Trends, Drivers, Restraints, and Opportunities:

Increase in the adoption of solar panels as an alternative to exhausting conventional resources is expected to fuel market growth. Governments in various countries are offering financial incentives for installing solar power systems to counter energy crisis. Application of anti-reflective coatings on solar panels helps in achieving light transmission and reduces light reflection.
Rise in population across the world is projected to increase the demand for automobiles. This, in turn, is projected to drive the demand for anti-reflective coatings. These coatings are used extensively in the manufacture of GPS displays, dashboards, and windshields.
Strict environmental laws on the use of several raw materials used for anti-reflective coatings are likely to hamper market growth.
Vision problems among youngsters due to extended use of digital devices such as computers, televisions, and smartphones are expected to create opportunities in the market.