Global Optical Coatings Market Will Be Worth of Usd 10.39 Billion in 2019, Growing at a Cagr of 7.2% by 2019.

Transparency Market

Research

Optical Coatings Market : Global Industry Analysis,

Size, Share, Growth, Trends And Forecast, 2013 - 2019

Published Date

17-March-2014

88 Page Report

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Rising Demand for Electronics in Emerging Economies to

Boost Sales from Global Optical Coatings Market, Says TMR

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Optical Coatings Market

REPORT DESCRIPTION

Optical Coatings Market : Global Industry Analysis, Size, Share, Growth, Trends And Forecast, 2013 2019

The global optical coatings market exhibits a fragmented vendor landscape, which is also the reason behind its

high price-sensitivity. The market is expected to be more technology-driven in the forthcoming years, thus

connoting potential increase in competition. According to Transparency Market Research (TMR), companies

such as PPG Industries, 3M Precision Optics, Newport Corporation, and Optical Coatings Japan held not more

than 25% of the global optical coatings market in 2012. To gain competitive advantage, these companies have

been focusing mergers and acquisitions.

As per TMR, the global optical coatings market stood at US$6.4 bn in 2012. Rising at a CAGR of 7.2%, the

market is expected to reach US$10.39 bn by the end of 2019. Regionally, North America dominated the global

market with a share of 36.9% in 2012. By application, infrastructure led the market in 2012, with a share of

42.7%.

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Demand for Optical Coatings to Significantly Rise as Sales of Smartphone Increase

“The escalating demand for smartphones will bolster sales opportunities for the optical coatings market,” says

a lead TMR analyst. Traditionally, optical coatings were used in mobile phones as means of providing

protective layer. However,...