• Login
    • Join
  • FOLLOW:
  • Subscribe Free
    • Magazine
    • eNewsletter
    Checkout
    • Magazine
    • News
    • Research
    • Markets & Technologies
    • Raw Materials
    • Top Companies
    • Directories
    • Jobs
    • Events
    • Microsites
    • More
  • Magazine
  • News
  • Research
  • Markets & Technologies
  • Raw Materials
  • Top Companies
  • Directories
  • Jobs
  • Events
  • Microsites
  • Current / Back Issues
    Features
    Business Corner
    Editorial
    Digital Edition
    eNewsletter Archive
    Our Team
    Editorial Guidelines
    Subscribe Now
    Advertise Now
    World Reports
    eBook
    Top Features
    Coatings World Company Profile: Siltech Corp.

    Coatings World Interviews Axalta CEO Robert Bryant

    Resins Update

    Building a Sustainable Future

    Paint for Commercial Vehicles Goes Greener
    Breaking News
    Online Exclusives
    Distributor News
    Financial News
    Paint & Coatings Manufacturer News
    People In the News
    Price Increases
    Product News
    Video Bites
    Raw Materials & Equipment
    Suppliers News
    Live From Shows
    Top News
    PPG Highlights 2020 Performance at Annual Shareholders Meeting

    Evonik Joins MIT-IBM Watson AI Lab

    Stahl Outlines Sustainable Development Ambitions in 2020 ESG Report

    AkzoNobel Announces 2nd Global Startup Challenge

    VideoBite: Engineered Polymer Solutions
    Top Companies report
    Market Research
    White Papers / Tech Papers
    Technical Papers
    Product Spec Sheets
    World Reports
    Adhesives and Sealants
    Aerospace Coatings
    Architectural Coatings
    Automotive Coatings
    Automotive Refinish
    Business Operation
    Color Trends & Forecast
    Construction Chemicals
    Corrosion Control
    Industrial Coatings
    Laboratory Equipment
    Marine Coatings
    Market Trends & Forecast
    Powder Coatings
    Production Equipment
    Radcure Coatings
    Special Purpose Coatings
    Wood Coatings
    "Green" Coatings

    HMG Paints Reports Positive Feedback on Contract Matt Emulsion

    Hempel Protects O2 Tidal Energy Turbine

    PPG Adds SEM Products to PPG ADJUSTRITE Commercial Estimating System

    HGTV Home by Sherwin-Williams Launches Ovation Plus

    Nippon Paint Marine’s New Self-polishing Antifouling Paint Applied to 5 Bulk Carriers
    Additives
    Binders
    Pigments
    Solvents

    Evonik Joins MIT-IBM Watson AI Lab

    Stahl Outlines Sustainable Development Ambitions in 2020 ESG Report

    VideoBite: Engineered Polymer Solutions

    Shepherd Color Unveils Bismuth Vanadate Yellow Pigment

    BASF Increases Kaolin Product Portfolio Prices
    Buyers Guide
    Company Capabilities
    Distributor Guide
    Add New Company
    International Buyers Guide Companies
    Eagle Specialty Products

    Active Minerals

    Pilot Chemical Company

    Clariant Additives

    Keim Additec Surface USA LLC
    Industry Events
    Webinars
    Live From Show Event
    Top Events
    Cleveland Coatings Society Zoom Meeting

    PCI Powder Coating Week

    Southern Society for Coatings Technology Annual Meeting and Technical Conference

    11th Asia Pacific Floor Fair and Guangzhou Paint & Coatings Fair

    Coatings for Africa
    Companies
    White Papers/Tech Papers
    Product Spec Sheets
    Equipment
    Literature/Brochures
    Videos
    International Buyers Guide Companies
    Eagle Specialty Products

    Shepherd Color Company, The

    Keim Additec Surface USA LLC

    Pilot Chemical Company

    Siltech Corporation
    • Magazine
      • Current / Back Issues
      • Features
      • Editorial
      • Business Corner
      • Digital Edition
      • eNewsletter Archive
      • Editorial Guidelines
      • Subscribe Now
      • Advertise Now
    • Breaking News
    • Directories
      • Buyers Guide
      • Distributor Guide
      • Corporate Capabilities
      • Trade Associations
      • Add Your Company
    • Markets & Technologies
      • Adhesives and Sealants
      • Aerospace Coatings
      • Architectural Coatings
      • Automotive Coatings
      • Automotive Refinish
      • Business Operation
      • Color Trends & Forecast
      • Construction Chemicals
      • Corrosion Control
      • Industrial Coatings
      • Laboratory Equipment
      • Marine Coatings
      • Market Trends & Forecast
      • Powder Coatings
      • Production Equipment
      • Radcure Coatings
      • Special Purpose Coatings
      • Wood Coatings
      • "Green" Coatings
    • Raw Materials
      • Additives
      • Binders
      • Pigments
      • Solvents
    • World Reports
      • Africa Report
      • China Report
      • India/Asia Pacific Report
      • Europe Report
      • Latin America Report
      • Market Research
      • Russian Report
    • Top Companies
    • Online Exclusives
    • Slideshows
    • Experts Opinions
    • Blog
    • eBook
    • Infographics
    • Videos
    • Podcasts
    • Whitepapers
    • Jobs
    • Microsites
      • Companies
      • White Papers/Tech Papers
      • Product Spec Sheets
      • Equipment
      • Literature/Brochures
      • Videos
    • Events
      • Industry Events
      • Live From Show Event
      • Webinars
    • About Us
      • About Us
      • Contact Us
      • Advertise With Us
      • Privacy Policy
      • Terms of Use
    Market Research

    Optical Coatings Global Market Seeing Solid Growth, Reports BCC Research

    ...

    Related CONTENT
    • Winning in a More Dynamic and Inclusive Market
    • Global Market for Rigid Packaging Adhesives Forecast to Grow by 4.3% (CAGR) to $18.2B by 2021
    • Global Market for Rigid Packaging Adhesives Forecast to Grow by 4.3% (CAGR) to $18.2B by 2021
    • Optical Coatings Global Market Seeing Solid Growth, Reports BCC Research
    • MarketLine: Global Paints and Coatings Market Value Surpassed $141 billion in 2015
    01.23.17
    New applications and innovative coatings to improve existing applications are key drivers in the optical coatings global market. BCC Research anticipates in its new report that the global value for coatings in the commercial segment should gallop along at a five-year compound annual growth of 11.5%, as compared with a projected 3.2% CAGR in the consumer segment.

    Optical coatings are one or more layers of thin film applied on the surface of an optical component. These layers of film create interference to the incoming light and hence alter the reflection and transmission properties of the optical system. Typically value-added materials, coatings improve the property of the optical system, but do not alter the intrinsic properties of the end-use products.

    The global market for optical coatings is expected to reach $14.2 billion in 2021, up from $9.5 billion in 2016, rising at a five-year compound annual growth rate (CAGR) of 8.3%. The commercial segment, the largest market, should grow from $5.4 billion in 2016 to $9.4 billion in 2021, demonstrating a five-year CAGR of 11.5%. The consumer segment is expected to reach $4.1 billion and $4.8 billion in 2016 and 2021, respectively, with a five-year CAGR of 3.2%.

    The commercial category includes the telecom, defense, architecture, medical, solar, transportation and industrial segments. This segment's strong growth reflects a recovering construction industry in the Americas and healthy growth rates in lighting and machine vision applications, and automotive sensors.

    Optical technology content in vehicles is growing as cameras and radar-based sensors enter the mainstream market. Installation rates of low-cost coated solar panels are expected to remain strong. Optical coatings increase solar panel efficiency, lowering the cost per kilowatt. Global value in this segment is projected to increase to almost $9.4 billion in the commercial segment in 2021.

    Custom coating design opportunities support a fragmented industry in which consolidation remains a trend as better capitalized firms acquire smaller ones. Some manufacturers acquire coating technology to vertically integrate their product processing while contract with third parties to produce components. Another trend is the movement of high volume, low margin coating to Taiwan and China.

    The consumer category includes flat-screen TVs, computers, tablets, cell phones and eyeglass coatings. In 2015, global value for coatings in the consumer segment was more than $3.8 billion.

    "BCC Research projects slow but steady growth in this segment, which should demonstrate a 3.2% CAGR of 3.2% from 2016 through 2021," says BCC Research analyst Gaurav Bhushan. "The slow growth reflects maturing product markets, tepid economic recovery in developed countries, and slowing growth in emerging markets."

    Optical Coatings: Technologies and Global Markets (PHO006B) analyzes the optical coatings, which may be devices but more typically are a value-added feature of optical elements such as lenses, mirrors, or flat-screen displays. Global market drivers and trends, with data from 2015, estimates for 2016, and projections of CAGRs through 2021 also are provided.
    Related Searches
    • industrial
    • coatings
    • china
    • solar
    Suggested For You
    Winning in a More Dynamic and Inclusive Market Winning in a More Dynamic and Inclusive Market
    Global Market for Rigid Packaging Adhesives Forecast to Grow by 4.3% (CAGR) to $18.2B by 2021 Global Market for Rigid Packaging Adhesives Forecast to Grow by 4.3% (CAGR) to $18.2B by 2021
    Global Market for Rigid Packaging Adhesives Forecast to Grow by 4.3% (CAGR) to $18.2B by 2021 Global Market for Rigid Packaging Adhesives Forecast to Grow by 4.3% (CAGR) to $18.2B by 2021
    Optical Coatings Global Market Seeing Solid Growth, Reports BCC Research Optical Coatings Global Market Seeing Solid Growth, Reports BCC Research
    MarketLine: Global Paints and Coating Market Value Surpassed $141 Billion in 2015 MarketLine: Global Paints and Coating Market Value Surpassed $141 Billion in 2015
    MarketLine: Global Paints and Coatings Market Value Surpassed $141 billion in 2015 MarketLine: Global Paints and Coatings Market Value Surpassed $141 billion in 2015

    Related Market Research

    • Architectural Coatings | Breaking News
      Future Of Egypt Paints & Coating Industry And Post Covid-19 Pandemic Impact

      Future Of Egypt Paints & Coating Industry And Post Covid-19 Pandemic Impact

      ...
      Allied Market Research 03.18.21

    • Breaking News | Market Reports
      Significant Contraction of Global Paints, Coatings Market in 2020

      Significant Contraction of Global Paints, Coatings Market in 2020

      Top 11 global paint and coating producers experienced a sales turnover decline greater than -6% (Euro value) compared to 2019.
      Chem Research 03.11.21

    • Market Reports
      Results of Paint Contractor/U.S. Architectural Coatings Industry Research Report

      Results of Paint Contractor/U.S. Architectural Coatings Industry Research Report

      Report looks at business trends in 4Q20 vs. 4Q19.
      Northcoast Research 03.01.21


    • Additives | Market Reports
      Emulsion Polymers Market to Hit $66 Billion by 2027: Transparency Market Research

      Emulsion Polymers Market to Hit $66 Billion by 2027: Transparency Market Research

      ...
      Transparency Market Research 01.14.21

    • Breaking News | Market Reports  | Pigments
      Aluminum Pigments Market Expected to Reach $706 Million By 2027: Transparency Market Research

      Aluminum Pigments Market Expected to Reach $706 Million By 2027: Transparency Market Research

      Projected to grow at a CAGR of nearly 6.6% between 2019 and 2027.
      Transparency Market Research 01.01.21

    • Market Reports
      October 2020 European Paint, Coating Production 1.2% Above Previous Year’s Level

      October 2020 European Paint, Coating Production 1.2% Above Previous Year’s Level

      ...
      CHEM Research 12.31.20


    • Breaking News | Market Reports  | Radcure Coatings
      UV Curable Coatings Market Worth $11.4 Billion by 2025

      UV Curable Coatings Market Worth $11.4 Billion by 2025

      Valued at $6.5 billion in 2020; forecasted to register 12% CAGR.
      MarketsandMarkets 12.14.20

    • Breaking News | Market Reports  | Market Trends & Forecast
      Growth for the Global Paints and Coatings Market in Q3-2020

      Growth for the Global Paints and Coatings Market in Q3-2020

      The global demand for paints and coatings has resumed growth in the third quarter of 2020.
      Coatings World staff 11.09.20

    • Binders | Market Reports
      Coating Resins Market to Reach $52 Billion By 2027: Forencis Research

      Coating Resins Market to Reach $52 Billion By 2027: Forencis Research

      ...
      Forencis Research 10.19.20


    • Breaking News | Market Reports  | Pigments
      High-Performance Pigment Market to Reach $7.58 Billion in 2025: Smithers

      High-Performance Pigment Market to Reach $7.58 Billion in 2025: Smithers

      Global demand for high-performance and special effect pigments in 2020 will be 217,100 tons, with a value of $6.22 billion, according to Smithers.
      Smithers 10.16.20

    • Breaking News | Market Reports
      Coherent Market Insights: Paint And Coatings Market To Surpass $220 Billion By 2027

      Coherent Market Insights: Paint And Coatings Market To Surpass $220 Billion By 2027

      ...
      Coatings World staff 10.12.20

    • Breaking News
      Deloitte Study: The Future of Work in Oil, Gas and Chemicals

      Deloitte Study: The Future of Work in Oil, Gas and Chemicals

      COVID-19 and the oil downturn make workforce and business transformation a strategic imperative.
      Coatings World staff 10.06.20


    • Market Reports
      Intumescent Coatings Market to Cross $1.3 Billion by 2026: Global Market Insights

      Intumescent Coatings Market to Cross $1.3 Billion by 2026: Global Market Insights

      ...
      Global Market Insights 09.29.20

    • Market Reports  | Pigments
      Iron Oxide Pigment Market to Reach $1,951.8 Million By 2025: Transparency Market Research

      Iron Oxide Pigment Market to Reach $1,951.8 Million By 2025: Transparency Market Research

      ...
      Transparency Market Research 09.28.20

    • Construction Chemicals | Market Reports
      Construction Chemical Additives Market Expected to Grow at 9.7% CAGR of 9.7% Between 2020-25

      Construction Chemical Additives Market Expected to Grow at 9.7% CAGR of 9.7% Between 2020-25

      ...
      Infogrowth 09.25.20

    Trending
    • Raw Material Availability, Prices Hikes May Be 2021’s Biggest Issue For Coatings, Ink Sectors
    • Sika Expands Production Capacity In Qatar
    • Hempel Protects O2 Tidal Energy Turbine
    • Evonik Joins MIT-IBM Watson AI Lab
    • Raw Material Price Increases Pile Pressure On Paint Manufacturers
    Breaking News
    • PPG Highlights 2020 Performance at Annual Shareholders Meeting
    • Evonik Joins MIT-IBM Watson AI Lab
    • Stahl Outlines Sustainable Development Ambitions in 2020 ESG Report
    • AkzoNobel Announces 2nd Global Startup Challenge
    • VideoBite: Engineered Polymer Solutions
    View Breaking News >
    CURRENT ISSUE

    April 2021

    • Coatings World Company Profile: Siltech Corp.
    • UV-Curable Coatings
    • Coatings World Interviews Axalta CEO Robert Bryant
    • Resins Update
    • Building a Sustainable Future
    • Paint for Commercial Vehicles Goes Greener
    • View More >

    Cookies help us to provide you with an excellent service. By using our website, you declare yourself in agreement with our use of cookies.
    You can obtain detailed information about the use of cookies on our website by clicking on "More information”.

    • About Us
    • Privacy Policy
    • Terms And Conditions
    • Contact Us

    follow us

    Subscribe
    Nutraceuticals World

    Latest Breaking News From Nutraceuticals World

    Study on Kemin’s DailyZz Botanical Supplement Yields Sleep Quality, Next-Day Performance Benefits
    FDA’s Dr. Cara Welch Opening Speaker at the 9th AHPA Botanical Congress
    Arla Foods Enters New Partnership to Reduce Malnutrition With Dried Papaya Snack
    Coatings World

    Latest Breaking News From Coatings World

    Jebsen & Jessen, Innospec Sign Distribution Agreement
    Axalta Schedules 1Q 2021 Earnings Conference Call
    SONGWON, Chemo International Inc. Announce Distribution Partnership
    Medical Product Outsourcing

    Latest Breaking News From Medical Product Outsourcing

    FDA Grants De Novo Clearance to Medtronic’s GI Genius Model
    Acutus Medical Receives FDA Clearance of AcQCross
    Thermo Fisher Scientific to Acquire PPD for $17.4 Billion
    Contract Pharma

    Latest Breaking News From Contract Pharma

    Obituary Notice: Russell “Russ” Haines
    Abenza Chooses North Carolina for New Biologics Manufacturing Site
    Catalent Adds Cryogenic Capabilities at Philadelphia Facility
    Beauty Packaging

    Latest Breaking News From Beauty Packaging

    Lush Launches Recycling Scheme in UK and Ireland
    Loud Lacquer Partners with Hush Puppies
    Tula Teams Up with 5 Influencers To Launch Skin Kits
    Happi

    Latest Breaking News From Happi

    PCPC Virtual Summit Features Legal & Regulatory Conference
    Biolage Unveils ColorBalm Hair Conditioners With Hair Color Benefits
    New Synthetic Biology Coalition Formed in US
    Ink World

    Latest Breaking News From Ink World

    Kumon North America Adds Speedmaster XL 106 from Heidelberg
    SE-DA Invests in Kornit Presto S
    Acrylic Resins Market Worth $21.9 Billion by 2025: MarketsandMarkets
    Label & Narrow Web

    Latest Breaking News From Label & Narrow Web

    FINAT to hold online networking, educational forum
    Epson SurePress reaches milestone
    Maxcess updates user interface for Fife guiding Sensor
    Nonwovens Industry

    Latest Breaking News From Nonwovens Industry

    First Quality to Discontinue Tampon Operations
    Freedonia Tracks Demand for Personal Hygiene Nonwovens
    TMC Supplies Sevinçler with D-Namic Stacker and Bagger
    Orthopedic Design & Technology

    Latest Breaking News From Orthopedic Design & Technology

    Mainstay Medical Launches ReActiv8 in Australia
    Biogennix Rolls Out Agilon Strip Bone Graft
    Global Bone Tumor Ablation Devices Market to Top $111 Million by 2027
    Printed Electronics Now

    Latest Breaking News From Printed Electronics Now

    Virtual ASMC 2021 Spotlights Advanced Semiconductor Manufacturing Excellence
    LG Display Cuts Down CO2-eq Emissions by 3 Million Tons in 2020
    European Commission's Innovation Radar Acknowledges 3 ARMOR Innovations

    Copyright © 2021 Rodman Media. All rights reserved. Use of this constitutes acceptance of our privacy policy The material on this site may not be reproduced, distributed, transmitted, or otherwise used, except with the prior written permission of Rodman Media.

    AD BLOCKER DETECTED

    Our website is made possible by displaying online advertisements to our visitors.
    Please consider supporting us by disabling your ad blocker.


    FREE SUBSCRIPTION Already a subscriber? Login