Optical Coating Market Revenue, Growth Revenue, Trends, Growth Factors, Region Analysis
Market Overview The optical coatings market share was valued at a global market value worth USD 12.6 billion during the historic forecast period that had ended in 2019. For the ongoing forecast period of 2021-2030, the optical coatings market revenue is projected to reach USD 19.0 billion during the forecast period of 2021-2030, at a global CAGR of 8.5%. Market Research Future (MRFR) reveals in a detailed report. Optical coatings are extensively used in several applications, including UV resistance, anti-glare chemical resistance, and scratch abrasion protection. Market Potential and Pitfalls The global optical coating market revenue is witnessing positive growth trends owing to the surging use of coatings on precision optics. The increasing call for refractive optics, which can be used to minimize unwanted reflections and increase throughput is encouraging the growth of optical coating market globally. Soaring demand for consumer electronics and constantly changing lifestyle of