Most of the companies are manufacturing anti-reflective coatings that are mechanically & chemically durable, meet the international optics specifications, and available in standard and large dimensions. For instance, MATERION is a company that manufactures anti-reflective optical coatings with the above-said properties. Photovoltaic cells need a protective layer of glass in order to increase the efficiency by minimizing the light being reflected form the substrate surface, to do this anti-reflective thin film coatings are applied. Thin film coatings are also used in reflectors and dichroic filters that allow the light of specific wavelength to pass as well as they find application in fluorescence and lighting microscopy. Thus, with a wide range of applications of thin film coatings, it is expected that thin film coatings market will rise during the forecast period.
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Thin Film Coatings Market: Regional Outlook
Asia Pacific is expected to witness high growth in terms of volume and value in the thin film coatings market during the forecast period, which can be attributed to the growing electronic and medical industries. Packaging industry is also growing in the region, which can be attributed to the growing population thereby, accelerating the growth of the thin film coatings market in the region.
North America and Europe are expected to witness significant growth in the thin film coatings market during the forecast period, attributing to the growth in the healthcare industry etc. thus fueling the thin film coatings consumption in regions thereby leading to the growth of thin film coatings market.
Latin America and the Middle East and Africa are expected to witness steady growth in the thin film coatings market.
Thin Film Coatings Market: Key Participants
Examples of some of the key participants in the Thin Film Coatings Market are:
- Precision Optical
- Alluxa
- Micro Point Pro Ltd (MPP)
- Thin Films Inc.
- EP LABORATORIES, INC
- ULVAC-PHI, INCORPORATED
- oerlikon balzers
- Reynard Corporation
- Torr Scientific Ltd
- IDEX Corporation.
- MATREION
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Thin Film Coatings Market: Segmentation
The thin film coatings market can be segmented based on Coating Material, End-use Sector, and Types of Coating.
By Coating Material, the thin film coatings market can be segmented as:
- Ceramic
- Metal
- Electronics
- Medical Devices Defense
- Military & De
- Packaging
- Aerospace
- Automotive
- Others
- Anti-Reflection Coatings
- Infrared Coatings
- Visible Coatings
- Ultraviolet Coatings (UV)
- Filter coatings
- Conductive Coatings
- Other
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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