Adroit Market Research studied Global Optical Coatings Market Size, by Product (Anti-Reflective Coatings, Reflective Coatings, Filter Coatings, Conductive Coatings, Electrochromic Coatings and Others), by Application (Consumer goods and electronics, Solar, Medical, Architecture, Aerospace & Defense, Automotive and Telecommunication) and By Region (North America, Europe, Asia Pacific, Latin America and MEA).
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The global optical coating market is projected to reach 3671 Kilo tons and valued at USD 25 billion by 2025.The next generation networks such as fiber to the home and 5G are expected to use optical coating in the fiber networks, driving the growth of the global optical coating market. Worldview wide shift towards the solar region is taking place and these solar panels will be coated with an optical coating to improve its durability and functionality. Further rising application of the optical coating in medial filed is expected to further boost the market growth of the global optical coating market during the forecast period.
The anti-reflective coating is expected to be the highest valued product segment at USD 7.5 billion by 2025 and the volume is expected to reach to 1041 Kilo tons in the global optical coating market during the forecast period. Anti-reflective coatings are very useful in reducing the surface reflections and increasing the light transmission of the glass or glass lens. These are produced by various techniques including spraying, electro deposition, chemical coating, conversion coating, chemical vapor deposition, physical vapor deposition and plasma enhanced chemical vapor deposition. In the global optical coating market, anti-reflective coatings are used in industries including solar energy, telecommunication, laser, imaging systems, consumer electronics and semiconductors thus driving the market growth.
The reflective coating is expected to grow at the fastest CAGR of 12.3% in volume during the forecast period in the global optical coating market. Reflective coatings, also known as high reflective coatings are deposited on a substrate to increase the reflectivity of the surface or modulate the direction of light. Reflective coatings can be a single film or a layer of films depending on the application requirement. Reflective coatings find application in industries including space, lasers, electronics (camera) and mirrors.
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Consumer goods and electronics is expected to have the largest share of 32% in volume and is projected to be valued highest by the end of the forecast period in the global optical coating market. Technology improvements coupled with rising use of optical coatings in multiple components of smartphones including screen, camera lenses, and semiconductor chips are expected to propel market growth over the forecast period. Rising use of optical coating in smart devices to improve the touch sensing and display capabilities is expected to propel the market growth of the global optical coating market during the forecast period.
Optical coatings are being widely and actively used in solar power generation and utilization. Rising use of optical coatings namely conductive coatings, anti-reflective coatings in the solar industry owing to high-temperature resistance, absorptivity and stability is expected to drive the growth of the global optical coating market. Countries like India, China, and Mexico are expected to invest heavily in solar energy driving the growth of the countries in the global optical coating market.
The telecommunication industry is expected to grow at a significant rate as telecom players in the regions such as in North America, Europe and the Asia Pacific are investing in the next generation of network. Rising industrialization and urbanization coupled with growing demand for technologically advanced in telecom networks and connectivity is expected to propel the market growth for the global optical coating market during the forecast period.
North America is expected to continue its dominance in the global optical market during the forecast period. The region grew owing to the technological developments in the machines that are used for optical coatings. Additionally, the growing demand for consumer electronics is likely to be high and booming healthcare/medical sector is driving the growth of the region in the global optical coating market. North America is projected to have the largest share in volume and value during the forecast period.
The Asia Pacific is projected to be the most potential region in the global optical coating market. The region is expected to be at 1449 Kilo tons valued at USD 10 billion by the end of 2025. The electronics market in the region is projected to flourish driving the demand for optical coating. Additionally, telecom players in the region are rolling out fiber networks owing to the government initiatives and smart city projects. This is estimated to increase the demand for optical coating boosting the region growth in the global optical coating market by 2025.
Player such as PPG, Cascade Optical Corporation, Newport Corporation, Inrad Optical, Inc., Schott AG, Abrisa Technologies, Janos Technology Inc., Chroma Technology Corp., E.I. Dupont De Nemours Company and Alluxa are prjecetd to have an impact in the global optical coating market.
Segment Overview of Global Optical Coating Market
Application Overview, 2015-2025 (USD billion) (Kilo tons)
Consumer goods and electronics
Solar
Medical
Architecture
Aerospace & Defense
Automotive
Telecommunication
Others
Product type, 2015-2025 (USD billion) (Kilo tons)
Anti-Reflective Coatings
Reflective Coatings
Conductive Coatings
Electrochromic Coatings
Filter Coatings
Others
Regional Overview, 2015-2025 (USD billion) (Kilo tons)
North America
U.S.
Canada
Mexico
Europe
France
Germany
Spain
Asia Pacific
India
Japan
China
Latin America
Brazil
Middle East & Africa
UAE
Saudi Arabia
Qatar
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Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.
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The following manufacturers are covered in this report, with sales, revenue, market share for each company:
Market size by End User
According to distribution channel, the market for athleisure has been divided into store-based and non-store-based.
The store-based segment which is expected to dominate the athleisure market mainly because of the advantage of touch and feel, which is not the case with online retail.
However, online retail for the industry is expected to outplay brick and mortar retail in the coming years due to competitive pricing and buying convenience.The Athleisure Market is on the rise due increasing involvement of developing nations into sports and fitness activities.
Athleisure includes apparels such as sneaker, joggers, leggings, hoodies, and many more.
Many companies used high-end performance enhancing materials for their making while the many apparels are not defined in their athletic performance enhancing abilities.Under Armour, Inc. (US), Lululemon Athletica (Canada), Adidas AG (Germany), Nike, Inc. (US), H (Switzerland), Eysom (US), Outdoorvoices (US), Ten Thousand, Inc. (US), Isaora (US), Human Performance Engineering (UK).Get a Free Sample Copy of Report @ https://www.marketresearchfuture.com/sample_request/7412The Global Athleisure Market has been segmented based on apparel type, end-use, distribution channel, and region.By apparel type the market is segmented into sneakers, yoga pants, shorts, sports bras, leggings, tights & joggers, sports jackets, and others.By end-use the market is segmented into men and women.The global athleisure market has been classified based on distribution channel into store-based and non-store-based.The global athleisure market has been regionally segmented into North America, Europe, Asia-Pacific, and Rest of the World.Access Full Report @ https://www.marketresearchfuture.com/reports/athleisure-market-7412North America is expected to dominate due to higher product awareness and high demand of smart sports apparels and activewear in the region.
However, market for Asia-Pacific is expected to propel with the fastest growth rate during the forecast period.
The Spirulina Market is expected to grow at a CAGR of 10.3% from 2020-2030, according to a new research report by Next Move Strategy ConsultingSpirulina is a blue green algae with high nutrient content, usually consumed by human & animals.
It is also used as a complementary diet ingredient in aquaculture & poultry feeds owing to the presence of high protein & vitamin content.According to the report, growth in health consciousness among people and the rising demand for dietary supplements are major factors driving the spirulina market growth.
Additionally, high penetration of spirulina in industries such as cosmetics and pharmaceutical owing to the advantageous properties such as anti-aging, anti-wrinkles and othersare bringing changes in market tends.However, low stability & poor sustainability of spirulina derived colours is expected to restrict the market growth.Moreover, growth in research & development activities followed by untapped market opportunities in developing economies are anticipated to provide numerous opportunities to the market players in the coming few years.On the basis of type, spirulina market share is segmented into Arthrospira Platensis and Arthrospira Maxima.
Arthrospira Maxima dominates the global Spirulina market and will be the dominant throughout the forecasted period.On the basis of application, the Spirulina market is categorised into Nutraceuticals, Food & Beverages, Cosmetics, Animal Feed, and Others.Food & Beverages segment is likely to develop significantly over the period of time owing to fast growing food & beverage industry.On the basis of drug formulation, the spirulina market is bifurcated into Powder, Tablet & Capsule, Liquid, and Granule & Gelling Agent.
Powder segment is expected to account for the major market share & dominate the market growth over the forecast period.North America dominates the spirulina market in terms of market size over the forecast period, owing to rising health consciousness among people.
Hansen Holding A/S, Algenol Biofuels Inc., Dongtai City Spirulina Bio-engineering Co., Ltd., Prolgae, Parry Neutraceuticals, Sensient Technologies Corporation, DDW Inc., Algatec and Naturex S.A.Browse key industry insights from the report, “Spirulina Market Size By Type (ArthrospiraPlatensis and Arthrospira Maxima) By Application (Nutraceuticals, Food & Beverages, Cosmetics, Animal Feed, and Others), By Drug Formulation (Powder, Tablet & Capsule, Liquid, and Granule & Gelling Agent)Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, Russia, China, India, Japan, Australia, Indonesia, Malaysia, South Korea, Brazil, Mexico, South Africa, Saudi Arabia, UAE, Kuwait), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020–2030” in detail along with the table of contents:Key Insights from the Spirulina Market Report:Asia Pacific is the fastest growing region in Spirulina market owing to the rising demand of spirulina from various industries such as cosmetics, food , healthcare and others and government initiatives to promote local spirulina production.The Food & Beverages segment dominates the market in terms of application and is expected to grow at a significant CAGR to maintain the lead till 2030.Some of the major players in the market are DIC Corporation, Cyanotech Corporation, Chr.
