Antiglare Glass Market Size, Industry Analysis Report, Regional Outlook, Application Development Potential, Price Trends, Competitive Market Share & Forecast, 2020 - 2026
Report ID: GMI820
Antiglare Glass Market size will see a significant growth from 2016 to 2024. This glass has a special coating to prevent reflections. It finds application in prescription eyewear, sunglasses, screens of electronic gadgets and even in the construction purposes. Increasing demand of stylish sunglasses and electronic gadgets will drive the market for antiglare glass in the forecast period.
Global antiglare glass market size will be propelled by the growing market of sunglasses. With growing awareness about the harmful UV rays from the sun and optical safety, the demand for sunglasses is expected to rise in the forecast period. Also, the demand of fashionable sunglasses has seen a healthy growth with the upgradation of the social status and enhancement of lifestyles.
Another factor that will drive the antiglare glass market share is the growth in the demand of prescription eyewear. The global eyewear market recorded close to USD 100 billion in 2015. Prolonged exposure to the screens of computers and mobile phones owing to the high number of desk jobs using computers lead to weakening of the eye muscles. This will increase the demand of eyewear from 2016 and 2024.
Escalating demand of electronic devices and gadgets will also propel the antiglare glass market from 2016 to 2024. Advent of the digital age has shown a considerable increase in the demand of electronic gadgets. The number of smartphones user was over 2 billion in 2015 and is expected to cross 6 billion by 2020. The usage of antiglare glass for the mobile phone and computer screens will have a positive impact on the product market in the forecast period.
The antiglare glass market will see a substantial with the rise of conglomerates. Most commercial skyscrapers are designed with antiglare glass external walls and windows. The upcoming demand of skyscrapers in the emerging nations will positively affect the market from2016 to 2024.
Expensive cost of coatings and cleaning agents may restrain the market growth of antiglare glass. Also, the coatings on antiglare glass have an affinity to scratches and smudges because of the regular requirement of cleaning. This hampers the popularity of antiglare glass among common public.
The industry is categorized based on products reflective coatings used for lamination. The different product segments are index matching, single layer interference, multi-layer interference, absorbing, moth eye and circular polarizer. Index matching type glass coating is the simplest form of antiglare glass. However, with time the coating of this glass damages because of chemical reactions with the environment. Moth eye type glass is made from tungsten oxides and iron oxides and is used in photonic devices.
Based on applications, antiglare glass market share has two major types. The first application sector is optical lenses that are used in optometry as well as photography. They provide better quality images by reducing the distortion due to reflection. With growing demand of prescription eyewear and sunglasses, the antiglare optical lenses will have an escalating demand from 2016 to 2024. Also, with the growing popularity of social media, the demand for good quality camera and camera smartphones will grow healthily. This will propel the antiglare glass market in the forecast timeframe.
The second application sector for antiglare glass is in flat glass. This finds further use in buildings to reduce reflection off the window glass. Antiglare flat glass is also used in making the screens of electronic devices like computers, phones and e-book readers to reduce their harmful effects on human eyes. Another use of antireflective flat glass is in photolithography to reduce the image distortions off the surface of the substrate.
North America, led by U.S. antiglare glass market size, is expected to dominate the market for antiglare glass in the upcoming years. The US market for commercial buildings stands at over USD 150 billion and is expected to grow at a CAGR of over 5%. This will drive the demand of antiglare flat glass positively. With upgradation of lifestyles, the demand for luxury eyewear brand will also drive the market for antiglare glass.
Asia Pacific will also find rising demand owing to the increasing working population, especially in China and India. The growing demand of antiglare prescription eyewear for readers and regular computer users, will have a good impact on the market. Tropical regions of Asia Pacific as well as Latin America is expected have a growing demand for antiglare sunglasses from 2016 to 2024.
The market has several competitors with the development of innovative products. Some of the notable companies are Essilor International, Janos Technology LLC, Carl Zeiss AG, PPG Industries Inc., Honeywell International Inc., Optical Coatings Japan along with many more. Essilor’s Crizal antiglare glass has an extensive use in eyewear. PPG Industries have Solarphire as a high transmissivity solar glass.
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