Global Anti-Reflective Glass Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2022 - 2027

Report Code: CMR 15858 Report Format: PDF + Excel

Global Anti-Reflective Glass Market Overview

Global anti-reflective glass market size is forecast to grow at a CAGR of 8.5% during the forecast period 2022-2027. Anti-reflective glass is a specialized type of glass used to reduce reflections. Anti-reflective coatings on glass produce a clear finish with residual reflectance reduced to as little as 1%.  Anti-reflective coatings produce a glass that is very clear, without coloration or tint. In addition, anti-reflective coatings can be designed for the UV, visible, or IR spectrum on borosilicate, soda lime, and heat-tempered glass.  Anti-reflective glass is used in architectural applications where full transparency through the glass is of high importance, such as shop fronts or showrooms. Anti-reflective glass in LCD display makes the picture look brighter and vivid so it is being widely used in electronics which also acts as a driver for the global anti-reflective glass market.

COVID-19 Impact

The COVID-19 pandemic disrupted economics and affected every industry. The electronics industry is no exception. Due to lockdowns and stay-at-home mandates production came to a halt due to factories shutting down. There was also the problem of unavailability of workers due to safety concerns over the spread of the virus. This led to global supply chain disruptions and shortages. IPC, an electronics equipment trade organization, a survey of 150 participating electronics manufacturers and suppliers was conducted, 65% of them reported delays from suppliers due to the spread of coronavirus. The problem being many manufacturers' supply chains relies on China, which is the hub of electronic component manufacturing. This also affected the global anti-reflective glass market.

Report Coverage

The report: “Global Anti-Reflective Glass Market – Forecast (2022-2027)”, by IndustryARC, covers an in-depth analysis of the following segments of the global anti-reflective glass industry.

By Type: One-Sided and Two-Sided

By Substrate: Soda Lime Glass, Borosilicate Glass, Quartz, Fused Silica, and Others

By Technology: Thin Film Coating, Pyrolytic Coating, Dip Coating, and Others

By Application: LED, Architectural Windows, Solar Panels, Electronic Display, and Others

By End-Use Industry: Automotive (Passenger Vehicles, Commercial Vehicles, and Heavy Duty Vehicles), Electronics (TVs, Smartphones, Laptops & Computers, Smartwatches, Cameras, and Others), Solar Energy, Building and Construction (Façade, Partitions, Balustrades, Wall Panels, Windows, Railings, Others), and Others (Frames for Paintings and Photographs, Exhibit Cases, Storefront Displays, Advertising Panels, and Others)

By Geography: North America (USA, Canada, and Mexico), Europe (UK, Germany, France, Italy, Netherlands, Spain, Russia, Belgium, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia and New Zealand, Indonesia, Taiwan, Malaysia, and Rest of APAC), South America (Brazil, Argentina, Colombia, Chile, and Rest of South America), Rest of the World (Middle East and Africa)

Key Takeaways

  • Asia-Pacific dominates the global anti-reflective glass market, on account of a large number of end use industries in this region. According to Invest India, the electronics device industry in India is anticipated to reach $400 billion by 2025
  • Anti-reflective glass reflects a very low percentage of light and offers maximum transparency and optical clarity. This makes it suitable for all applications where transparency is required such as in storefront displays, exhibit cases, and showrooms.
  • Anti-reflective glass can be coated on one or both sides. The coating can be designed for the UV, visible, or IR spectrums on any type of substrate even on heat-tempered glass or Gorilla Glass.

Figure: Asia-Pacific Anti-Reflective Glass Market Revenue, 2021-2027 (US$ Billion) 

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Global Anti-Reflective Glass Market Segment Analysis – By Type

The two-sided segment held the largest share in the global anti-reflective glass market in 2021 up to 60%. Anti-reflective glass is a heat tempered glass that is coated on one or two sides to diminish reflections and increase the light transmission in order to minimize the surface glare and increase transmission and brightness thereby offering better contrast. Anti-reflective coating on both sides of the glass is generally preferred as a single surface coating improves the transmission to 95% and a two-sided coating improves light transmitted to 98-99%. Anti-reflective glass is being increasingly used in solar panels. The efficiency of the solar panels is directly proportional to the amount of energy irradiated which depends on transmission. So, double-sided coating boosts solar glass transmission by roughly 5%. For instance, PPG’s Solarphire 2XAR two-sided, anti-reflective glass can achieve solar transmittance of up to 96.3% in the visible and near-infrared spectrum, from 400 to 1,100 nm, which enables photovoltaic components to collect and concentrate solar energy more efficiently. Therefore, the two-sided segment is forecasted to dominate the global anti-reflective glass market.

Global Anti-Reflective Glass Market Segment Analysis – By End Use Industry

The building and construction segment held the largest share of more than 30% in the global anti-reflective glass market in 2021. Anti-reflective glass is a specialized glass that is treated to reduce the amount of reflection seen from the face of the glass. Due to their clear appearance, they are widely used in buildings. They are used for shop fronts and commercial frontages, where vision is important, particularly at night time, for instance, panoramic restaurants, air traffic control towers, petrol station windows, etc. Building and construction industry has begun using a lot of glass due to the ongoing trend of green buildings. As glass is 100% recyclable it is an excellent material for use in green buildings. The International Finance Corporation estimates that green buildings represent a US$24.7 trillion investment opportunity by 2030. The construction sector is critical to economic recovery. Therefore, the building and construction sector is set to dominate the market for global anti-reflective glass market.

Global Anti-Reflective Glass Market Segment Analysis – By Geography

The Asia-Pacific region held the largest share in the global anti-reflective glass market in 2021 up to 45%, owing to a large number of electronic manufacturing industries in the region. Asia is the world’s largest electronic products manufacturing and exporting region, on account of the region’s low labour costs, availability of skilled workers, and increasing foreign direct investment. In 2021, the electronics and IT industries enjoyed a surge in server and semiconductor sales as the shift to work from home drove network augmentation and demand for 5G smartphones, while consumers stuck at home replaced their televisions with large-screen 4K models. It is expected that Asia’s electronics industry, led by China, India, South Korea, and Japan will continue to grow and further strengthen its position in the global market over the coming years. China has a massive electronics base and manufacturing facilities for semiconductors. In India, the government introduced the Production-Linked Incentive (PLI) schemes for large-scale electronics manufacturing and IT hardware for enhancing India’s manufacturing capabilities and enhancing exports.  The Make in India and Digital India initiatives are further driving the market growth. According to the Japan Electronics and Information Technology Industries Association (JEITA), global production by Japanese electronics and IT companies is expected to grow 8% YoY in 2021 to 37,300 billion yen and in 2022 up 2% to 38,000 billion yen. Anti-reflective glass is specially designed for high-performance applications for a wide variety of displays, especially LCD displays. Therefore, the growth in the electronics sector also drives the growth of the anti-reflective glass industry in the region.

Global Anti-Reflective Glass Market Drivers

Rapid Adoption of Solar Energy and Increasing Solar Energy Capacity

Concerns over depletion of fossil fuels, volatile crude oil prices, pollution, and global warming are driving the adoption of solar energy. In addition, the race to net-zero is leading to the widespread implementation of solar projects. Governments all over the world are framing policies for the adoption of solar energy. The government of India launched various schemes to encourage the generation of solar power in the country like Solar Park Scheme, VGF Schemes, CPSU Scheme, Defence Scheme, Canal bank & Canal top Scheme, Bundling Scheme, Grid Connected Solar Rooftop Scheme, etc. The Solar Investment Tax Credits have proved to be one of the most successful US government schemes in encouraging solar power generation. According to data from China’s National Energy Administration, at the end of 2020, distributed solar accounted for about 78 GW (30%) of the 253 GW of China’s installed solar generation capacity. According to data released by Svensk Solenergi and the Swedish Energy Agency, Sweden reached a 1GW solar capacity milestone in mid-April 2021.   Another advantage of using anti-reflective glass in solar panels is that the glare from the solar panels will be reduced. This allows the panels to be installed near airports without blinding the pilots. Hence, the implementation of solar energy acts as a driver for the global anti-reflective glass market. 

Increasing Applications in Electronics

Anti-reflective glass is a non-conductive, wide-band coating designed to perfectly minimize reflection and maximize transmittance on glass over the visible, UV, or IR spectrums. Anti-reflective glass helps reduce surface reflections while increasing light throughput or brightness of the viewed image. Standard anti-reflective glass is not diffusive and is, therefore, able to maintain the highest levels of image resolution and clarity. This makes it an ideal choice for LCD displays, smartphones, gaming devices, medical devices, and other electronic devices. Anti-reflective glass is oleophobic. Due to this property the screen does not collect fingerprints making it ideal for touchscreen devices. It is used in hospital equipment screens as it delivers clear and unrestricted images to ensure effective supervision of a patient’s condition and make correct treatment assessments. It is also used in digital signage not just for advertisements but also for public transportation systems as digital signboards provide information about arrival/departure time and other important information. Thus, the increasing applications of anti-reflective glass in electronics drive the global anti-reflective glass market. 

Global Anti-Reflective Glass Market Challenges

Shortage of Raw Materials for Making Glass

The raw materials used to make glass are Silica (70%), Soda ash (15%), limestone, or dolomite (8%) and the remaining percentage includes feldspar or other trace materials. Dense soda ash, light soda ash, and baking soda are the three types primary grades of soda ash available in the market. Dense soda ash is used in the manufacturing of glass as it regulates the temperature of the furnace. 50% of the soda ash produced is used in the glass industry. According to the Trading Economics Website, soda ash is widely traded on spot in Europe and Asia. The price of soda ash has increased from 11,150 per ton to 26,475 per ton in 2021. Economic recovery caused an increase in demand for soda ash which led to a shortage and therefore the price surge. Also, the shortage of containers contributed to the price surge. Tata Chemicals, the largest producer of soda ash in the world stated that the rise in soda ash prices has helped the company's stocks to rally by 200% in the past year. Since the beginning of 2021, the stocks have gained 85%. Thus, the shortage of raw materials for making glass can restrict the growth of the global anti-reflective glass market. 

Global Anti-Reflective Glass Industry Outlook

Product launches, acquisitions, and R&D activities are key strategies adopted by players in this market. Global anti-reflective glass top 10 companies include:

  1. Saint-Gobain S.A
  2. Abrisa Technologies
  3. Essilor International
  4. GroGlass
  5. Guardian Glass
  6. IQ Glass
  7. JMT Glass
  8. Asahi Glass Company
  9. Schott
  10. Tec Groupe

Recent Developments

  • In December 2021, Guardian Glass Europe launched Guardian SunGuard SNX 70. SunGuard SNX 70 is a new triple silver-coated glass that boasts outstanding solar control and light transmission approaching 70% plus high thermal insulation.

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Stained Glass Market- Forecast (2021 - 2026)
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1. Global Anti-Reflective Glass Market- Market Overview
    1.1 Definitions and Scope
2. Global Anti-Reflective Glass Market - Executive Summary
    2.1 Key Trends by Type
    2.2 Key Trends by Substrate
    2.3 Key Trends by Technology
    2.4 Key Trends by Application
    2.5 Key Trends by End Use Industry
    2.6 Key Trends by Geography
3. Global Anti-Reflective Glass Market – Comparative analysis
    3.1 Market Share Analysis- Major Companies
    3.2 Product Benchmarking- Major Companies
    3.3 Top 5 Financials Analysis
    3.4 Patent Analysis- Major Companies
    3.5 Pricing Analysis (ASPs will be provided)
4. Global Anti-Reflective Glass Market - Startup companies Scenario Premium Premium
    4.1 Major startup company analysis:
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Product portfolio
        4.1.4 Venture Capital and Funding Scenario
5. Global Anti-Reflective Glass Market – Industry Market Entry Scenario Premium Premium
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing Business Index
    5.3 Successful Venture Profiles
    5.4 Customer Analysis – Major companies
6. Global Anti-Reflective Glass Market - Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Porters Five Force Model
        6.3.1 Bargaining Power of Suppliers
        6.3.2 Bargaining Powers of Buyers
        6.3.3 Threat of New Entrants
        6.3.4 Competitive Rivalry
        6.3.5 Threat of Substitutes
7. Global Anti-Reflective Glass Market – Strategic Analysis
    7.1 Value/Supply Chain Analysis
    7.2 Opportunity Analysis
    7.3 Product/Market Life Cycle
    7.4 Distributor Analysis – Major Companies
8. Global Anti-Reflective Glass Market – By Type (Market Size -$Million/Billion)
    8.1 One-Sided
    8.2 Two-Sided
9. Global Anti-Reflective Glass Market- By Substrate (Market Size -$Million/Billion)
    9.1 Soda Lime Glass
    9.2 Borosilicate Glass
    9.3 Quartz
    9.4 Fused Silica
    9.5 Others
10. Global Anti-Reflective Glass Market- By Technology (Market Size -$Million/Billion)
    10.1 Thin Film Coating
    10.2 Pyrolytic Coating
    10.3 Dip Coating
    10.4 Others
11. Global Anti-Reflective Glass Market – By Application (Market Size -$Million/Billion)
    11.1 LED
    11.2 Architectural Windows
    11.3 Solar Panels
    11.4 Electronic Displays
    11.5 Others
12. Global Anti-Reflective Glass Market – By End Use Industry (Market Size -$Million/Billion)
    12.1 Automotive
        12.1.1 Passenger Vehicles
        12.1.2 Commercial Vehicles
        12.1.3 Heavy Duty Vehicles
    12.2 Electronics
        12.2.1 TVs
        12.2.2 Smartphones
        12.2.3 Laptops & Computers
        12.2.4 Smartwatches
        12.2.5 Cameras
        12.2.6 Others
    12.3 Solar Energy
    12.4 Building and Construction
        12.4.1 Façade
        12.4.2 Partitions
        12.4.3 Balustrades
        12.4.4 Wall Panels
        12.4.5 Windows
        12.4.6 Railings
        12.4.7 Others
    12.5 Others
        12.5.1 Frames for Paintings and Photographs
        12.5.2 Exhibit Cases
        12.5.3 Store Front Displays
        12.5.4 Advertising Panels
        12.5.5 Others
13. Global Anti-Reflective Glass Market - By Geography (Market Size -$Million/Billion)
    13.1 North America
        13.1.1 USA
        13.1.2 Canada
        13.1.3 Mexico
    13.2 Europe
        13.2.1 UK
        13.2.2 Germany
        13.2.3 France
        13.2.4 Italy
        13.2.5 Netherlands
        13.2.6 Spain
        13.2.7 Russia
        13.2.8 Belgium
        13.2.9 Rest of Europe
    13.3 Asia-Pacific
        13.3.1 China
        13.3.2 Japan
        13.3.3 India
        13.3.4 South Korea
        13.3.5 Australia and New Zeeland
        13.3.6 Indonesia
        13.3.7 Taiwan
        13.3.8 Malaysia
        13.3.9 Rest of APAC
    13.4 South America
        13.4.1 Brazil
        13.4.2 Argentina
        13.4.3 Colombia
        13.4.4 Chile
        13.4.5 Rest of South America
    13.5 Rest of the World
        13.5.1 Middle East
            13.5.1.1 Saudi Arabia
            13.5.1.2 UAE
            13.5.1.3 Israel
            13.5.1.4 Rest of the Middle East
        13.5.2 Africa
            13.5.2.1 South Africa
            13.5.2.2 Nigeria
            13.5.2.3 Rest of Africa
14. Global Anti-Reflective Glass Market – Entropy
    14.1 New Product Launches
    14.2 M&As, Collaborations, JVs and Partnerships
15. Global Anti-Reflective Glass Market – Industry/Competition Segment Analysis Premium
    15.1 Company Benchmarking Matrix – Major Companies
    15.2 Market Share at Global Level - Major companies
    15.3 Market Share by Key Region - Major companies
    15.4 Market Share by Key Country - Major companies
    15.5 Market Share by Key Application - Major companies
    15.6 Market Share by Key Product Type/Product category - Major companies
16. Global Anti-Reflective Glass Market – Key Company List by Country Premium Premium
17. Global Anti-Reflective Glass Market Company Analysis - Business Overview, Product Portfolio, Financials, and Developments
    17.1 Company 1
    17.2 Company 2
    17.3 Company 3
    17.4 Company 4
    17.5 Company 5
    17.6 Company 6
    17.7 Company 7
    17.8 Company 8
    17.9 Company 9
    17.10 Company 10 and more
"*Financials would be provided on a best-effort basis for private companies"

LIST OF TABLES

1.Global GLOBAL ANTI-REFLECTIVE GLASS MARKET, BY TYPE Market 2019-2024 ($M)
1.1 One-Sided Market 2019-2024 ($M) - Global Industry Research
1.2 Two-sided Market 2019-2024 ($M) - Global Industry Research
2.Global GLOBAL ANTI-REFLECTIVE GLASS MARKET, BY END-USE Market 2019-2024 ($M)
2.1 Residential Market 2019-2024 ($M) - Global Industry Research
2.2 Commercial Market 2019-2024 ($M) - Global Industry Research
2.3 Industrial Market 2019-2024 ($M) - Global Industry Research
3.Global GLOBAL ANTI-REFLECTIVE GLASS MARKET, BY TYPE Market 2019-2024 (Volume/Units)
3.1 One-Sided Market 2019-2024 (Volume/Units) - Global Industry Research
3.2 Two-sided Market 2019-2024 (Volume/Units) - Global Industry Research
4.Global GLOBAL ANTI-REFLECTIVE GLASS MARKET, BY END-USE Market 2019-2024 (Volume/Units)
4.1 Residential Market 2019-2024 (Volume/Units) - Global Industry Research
4.2 Commercial Market 2019-2024 (Volume/Units) - Global Industry Research
4.3 Industrial Market 2019-2024 (Volume/Units) - Global Industry Research
5.North America GLOBAL ANTI-REFLECTIVE GLASS MARKET, BY TYPE Market 2019-2024 ($M)
5.1 One-Sided Market 2019-2024 ($M) - Regional Industry Research
5.2 Two-sided Market 2019-2024 ($M) - Regional Industry Research
6.North America GLOBAL ANTI-REFLECTIVE GLASS MARKET, BY END-USE Market 2019-2024 ($M)
6.1 Residential Market 2019-2024 ($M) - Regional Industry Research
6.2 Commercial Market 2019-2024 ($M) - Regional Industry Research
6.3 Industrial Market 2019-2024 ($M) - Regional Industry Research
7.South America GLOBAL ANTI-REFLECTIVE GLASS MARKET, BY TYPE Market 2019-2024 ($M)
7.1 One-Sided Market 2019-2024 ($M) - Regional Industry Research
7.2 Two-sided Market 2019-2024 ($M) - Regional Industry Research
8.South America GLOBAL ANTI-REFLECTIVE GLASS MARKET, BY END-USE Market 2019-2024 ($M)
8.1 Residential Market 2019-2024 ($M) - Regional Industry Research
8.2 Commercial Market 2019-2024 ($M) - Regional Industry Research
8.3 Industrial Market 2019-2024 ($M) - Regional Industry Research
9.Europe GLOBAL ANTI-REFLECTIVE GLASS MARKET, BY TYPE Market 2019-2024 ($M)
9.1 One-Sided Market 2019-2024 ($M) - Regional Industry Research
9.2 Two-sided Market 2019-2024 ($M) - Regional Industry Research
10.Europe GLOBAL ANTI-REFLECTIVE GLASS MARKET, BY END-USE Market 2019-2024 ($M)
10.1 Residential Market 2019-2024 ($M) - Regional Industry Research
10.2 Commercial Market 2019-2024 ($M) - Regional Industry Research
10.3 Industrial Market 2019-2024 ($M) - Regional Industry Research
11.APAC GLOBAL ANTI-REFLECTIVE GLASS MARKET, BY TYPE Market 2019-2024 ($M)
11.1 One-Sided Market 2019-2024 ($M) - Regional Industry Research
11.2 Two-sided Market 2019-2024 ($M) - Regional Industry Research
12.APAC GLOBAL ANTI-REFLECTIVE GLASS MARKET, BY END-USE Market 2019-2024 ($M)
12.1 Residential Market 2019-2024 ($M) - Regional Industry Research
12.2 Commercial Market 2019-2024 ($M) - Regional Industry Research
12.3 Industrial Market 2019-2024 ($M) - Regional Industry Research
13.MENA GLOBAL ANTI-REFLECTIVE GLASS MARKET, BY TYPE Market 2019-2024 ($M)
13.1 One-Sided Market 2019-2024 ($M) - Regional Industry Research
13.2 Two-sided Market 2019-2024 ($M) - Regional Industry Research
14.MENA GLOBAL ANTI-REFLECTIVE GLASS MARKET, BY END-USE Market 2019-2024 ($M)
14.1 Residential Market 2019-2024 ($M) - Regional Industry Research
14.2 Commercial Market 2019-2024 ($M) - Regional Industry Research
14.3 Industrial Market 2019-2024 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Global Anti-Reflective Glass Market Revenue, 2019-2024 ($M)
2.Canada Global Anti-Reflective Glass Market Revenue, 2019-2024 ($M)
3.Mexico Global Anti-Reflective Glass Market Revenue, 2019-2024 ($M)
4.Brazil Global Anti-Reflective Glass Market Revenue, 2019-2024 ($M)
5.Argentina Global Anti-Reflective Glass Market Revenue, 2019-2024 ($M)
6.Peru Global Anti-Reflective Glass Market Revenue, 2019-2024 ($M)
7.Colombia Global Anti-Reflective Glass Market Revenue, 2019-2024 ($M)
8.Chile Global Anti-Reflective Glass Market Revenue, 2019-2024 ($M)
9.Rest of South America Global Anti-Reflective Glass Market Revenue, 2019-2024 ($M)
10.UK Global Anti-Reflective Glass Market Revenue, 2019-2024 ($M)
11.Germany Global Anti-Reflective Glass Market Revenue, 2019-2024 ($M)
12.France Global Anti-Reflective Glass Market Revenue, 2019-2024 ($M)
13.Italy Global Anti-Reflective Glass Market Revenue, 2019-2024 ($M)
14.Spain Global Anti-Reflective Glass Market Revenue, 2019-2024 ($M)
15.Rest of Europe Global Anti-Reflective Glass Market Revenue, 2019-2024 ($M)
16.China Global Anti-Reflective Glass Market Revenue, 2019-2024 ($M)
17.India Global Anti-Reflective Glass Market Revenue, 2019-2024 ($M)
18.Japan Global Anti-Reflective Glass Market Revenue, 2019-2024 ($M)
19.South Korea Global Anti-Reflective Glass Market Revenue, 2019-2024 ($M)
20.South Africa Global Anti-Reflective Glass Market Revenue, 2019-2024 ($M)
21.North America Global Anti-Reflective Glass By Application
22.South America Global Anti-Reflective Glass By Application
23.Europe Global Anti-Reflective Glass By Application
24.APAC Global Anti-Reflective Glass By Application
25.MENA Global Anti-Reflective Glass By Application
26.3 M Company, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Saint-Gobain S.A., Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Guardian Industries Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Abrisa Technologies, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Schott Amiran, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Tec Groupe, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Essilor International, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.GroGlass, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.JMT Glass, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.Huihua Glass Company Ltd., Sales /Revenue, 2015-2018 ($Mn/$Bn)