Filter coatings materials have high demand from various industries such as electronics, telecommunication/optical communication, and transportation which is projected to drive growth of the global filter coatings market significantly during the forecast period.
The global filter coatings market report has been segmented on the basis of type, end-use industry, and region.
On the basis of type, the global filter coatings market has been segmented into filter coatings, anti-reflective (AR) coatings, transparent conductive coatings, reflective coatings, and others (beam splitter and electrodeposition [Ec] coatings). The anti-reflective (AR) coatings segment is estimated to account for major share in terms of revenue in the global filter coatings market over the forecast period, owing to its ability to provide high efficiency, reduce back glare, better picture quality, increased transmission power of optical components, and anti-reflective coatings are used in lenses, consumer electronics, and optoelectronics applications.
On the basis of end-use industry, the global filter coatings market has been segmented into electronics, telecommunication/optical communication, and transportation, solar, defense & military, others (medical and infrastructure). The electronics segment is expected to account for significant share in the global filter coatings market in terms of revenue, owing increasing demand from electronics and semiconductor industry.
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On the basis of region, the global filter coatings market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Market in North America is estimated to account for major revenue share in the global filter coatings market, and is anticipated to register highest growth in terms of revenue in the next ten years, owing to increasing demand for the product from solar, defense & military, medical, and infrastructure industries in this region.
Key players operating in the global market include E. I. du Pont de Nemours and Company, Nippon Sheet Glass Co., Ltd, PPG Industries, Inc., Newport Corporation, Zeiss Group, Optical Coatings Japan, Abrisa Technologies, Artemis Optical Ltd., Schott AG, and Reynard Corporation.