Abrasion Resistant Optical Clear Coatings Market - Forecast(2022 - 2027)
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Abrasion Resistant Optical Clear Coatings market size is forecast to reach $9.2 billion by 2026, after growing at a CAGR of 6.6% during 2021-2026. Recent advancements in technology in the field of optical deposition techniques and fabrication coupled with the increasing demand for efficient optical devices in various end-use industries are expected to drive the market over the forecast period. In addition, abrasion resistant optical clear coatings will not be scratched when being cleaned, unlike an uncoated Polycarbonate surface which scratches very easily, and when testes with calo tester abrasion resistant optical clear coatings seem to be a thin film coating, thus, gaining momentum. Contact: (+1) 970-2363677 Email: sales@industryarc.com
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Key Takeaways Europe dominates the abrasion resistant optical clear coatings market, owing to the flourishing electronics industry in the region. The increasing use of reflective coatings for heat retention and reducing energy usage in green buildings is anticipated to push demand over the forecast period. Moreover, the growing use of handheld consoles, combined with increasing demand for portable consumer electronics, is further fuelling the market growth. Furthermore, increased use of display windows, solar panels, heaters, LCD production, heads-up displays, radio frequency interference shielding, LED displays, and instrument display windows are intended to drive the growth of the optical coatings market. Contact: (+1) 970-2363677 Email: sales@industryarc.com
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By Distribution Channel- Segment Analysis The electronics industry held the largest share in the Abrasion Resistant Optical Clear Coatings market in 2020 and is growing at a CAGR of 5.68% owning to rapidly growing demand for smartphones and rising consumer disposable income. In addition, technological innovation in the field of smart TVs and smart consumer devices, including smartwatches and smartphones is further having a positive effect on market growth.
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Abrasion Resistant Optical Clear Coatings market Industry Outlook • AkzoNobel N.V. • Saint-Gobain • Jotun A/S • The Sherwin-Williams Company • Hempel A/S • Praxair Surface Technologies • Henkel and Sika AG
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