Optical coatings market forecast is $7.4 billion by 2012

October 28, 2008--Buoyed by interest from the nanotechnology, display, and biotechnology sectors, the market for optical coatings is projected to reach $7.4 billion by 2012, according to market intelligence firm Global Industry Analysts (San Jose, CA). Demand from the electronics and instrumentation sector, medical, and transportation industries will propel market expansion.

October 28, 2008--Buoyed by interest from the nanotechnology, display, and biotechnology sectors, the market for optical coatings is projected to reach $7.4 billion by 2012, according to market intelligence firm Global Industry Analysts (San Jose, CA). Demand from the electronics and instrumentation sector, medical, and transportation industries will propel market expansion.

The market report, available at www.strategyr.com/Optical_Coatings_Market_Report.asp says that thanks to continuous innovations, the optical coatings industry is driving new markets and business opportunities. Coatings are utilized in various sectors including environmental, chemical, and abrasion resistance; EMI shielding; climate control; biological protection; and high and low temperature operation, in addition to applications in optical fibers and filters. The market is set to experience significant growth buoyed by interest from the nanotechnology, display, and biotechnology sectors. Demand from the electronics and instrumentation sector, where optical coatings are used in flat-panel displays, laser optics, computer and television screens, and camera lenses, will propel market expansion. Medical and transportation industries are the other key end-use areas.

The U.S. is the largest market for optical coatings worldwide, worth an estimated $2.81 billion in 2008 as stated by Global Industry Analysts. Asia is the second largest regional market followed by Europe at third position. The U.S. and Asia together account for about 86% of the global optical coatings market. Transmissive or anti-reflective coatings represent the largest segment with sales estimated at $3 billion in 2008. The global market for reflective coatings is projected to reach $699 million by 2012.

Leading players profiled in the study include Abrisa USPG Glass and Coatings, ZC&R Coatings for Optics, AccuCoat, Princeton Instruments, AFE Technology Coatings, Align Optics, Andover Corporation, Applied Films, Applied Coatings, Barr Associates, Bookham, Brewer Science, CVI Melles Griot, DELTA Light & Optics, Denton Vacuum, DiCon Fiberoptics, Dontech, Dynavac, Edmund Optics, EMF Corporation, Evaporated Coatings, Exotic Electro-Optics, Fosta Tek Optics, Hampton Scientific, Helia Photonics, Hoya Corporation USA, VLOC Incorporated, Iridian Spectral Technologies, Janos Technology, and JDS Uniphase Corporation, among others.

For more information, visit www.strategyr.com.

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