Antiglare Glass Market share is slated to gain significant traction over 2021-2027, with the increasing popularity of antiglare and antireflection eyewear and lenses. The demand for high-quality eyewear is growing worldwide due to increased awareness about the harmful effects of UV rays from the sun as well as digital screens. Also, fashion trends are evolving consistently, and new aesthetically improved eyewear products are entering the market.
As consumers, especially the younger populations, look to keep up with the newest trends in fashion, the adoption of sunglasses and other eyewear could increase substantially in the future. Antiglare glasses are made up of lenses covered with an antireflective coating, also known as an antiglare coating or AR coating. These glasses are being widely used in display screens of gadgets such as mobile phones, TVs, laptops, tablets, and many others. These lenses enhance efficiency as well as the image nature of these gadgets.
Expansion of semiconductor and electronics sectors, the growing popularity of flat panel displays, and premium smartphones will augment antiglare glass market share in the coming years. In September 2020, Apple had patented a new antiglare glass technology which could replace the company’s original glossy display in its future iPhones and iPads.
In North America, the construction sector is fast becoming a key end-user for antiglare flat glass, which is being used for designing external walls and windows in commercial skyscrapers. Rapid growth in urbanization and resulting urban development could lead to substantial commercial expansion in the near future. The need for efficient antiglare and antireflection technologies in modern buildings will certainly bolster the antiglare glass market outlook through 2027.
Essilor International (merged with Luxottica), PPG Industries Inc., Janos Technology LLC (Fluke Corporation, Danaher Corporation), Honeywell International Inc., Optical Coatings Japan, and Carl Zeiss AG are currently among the prominent companies constituting the global antiglare glass industry. With the growing use of eyewear and consumer electronics gadgets with antiglare glass, these companies are focusing on improving their product quality and expanding their offerings.
In May 2020, for example, Essilor had expanded Crizal Drive, its antireflective coating used in antiglare glasses, across a broader range of designs. Offering higher efficiency, the glasses minimize the levels of reflection from other vehicles for the driver while driving at night, resulting in reduced sensation of glare for the wearer.
To further expand the range of their product offerings and gain a competitive advantage, many antiglare glass makers are also adopting strategies such as mergers, acquisitions, and partnerships with other companies. Citing an instance, in March 2021, EssilorLuxottica had announced plans to acquire Minneapolis based Walman Optical. Walman has a network of 35 facilities across the U.S., including hubs for optical instruments, vision care products, and labs for lens finishing.
Impact of COVID-19 crisis on antiglare glass market trends
The coronavirus outbreak and its rapid spread during 2020 has caused numerous difficulties for the antiglare glass industry, with social restrictions and lockdown measures in place and a significant decline in manufacturing. With only industries providing essential services allowed to function, the construction sector took a major hit in the first half of 2020.
Also, disruption in supply chains and reduced workforce posed as major challenges for glass manufacturers. Antiglare glass demand dropped significantly as the production of electronics declined and major construction projects had been forced to shut down temporarily.
However, ease of restrictions in many parts of the world and resumption of manufacturing activities could help augment antiglare glass market forecast in 2021 and beyond. As the demand for consumer electronics products returns to normal and infrastructure projects resume, the industry could record commendable gains in the near future.