The trends of the blue light and U.V. light blocking coatings market vary with different geographical regions. The market holds a prominent share in various countries of North America, Europe, China, Asia-Pacific & Japan (APAC), Middle East and Africa, and South America. The report also provides a country-based analysis for all the leading countries in every region, including the U.S., China, Japan, Italy, Germany, and France, among others. Each geographical region analysis details the individual push-and-pull force, in addition to the key players and applications in that particular region.
Innovative designing coupled with a wide variety of technological advancements and intensive research to minimize reflectance in consumer goods such as smartphones, laptops, television screens, and optical lenses, among others is propelling the demand for U.V. light and blue light blocking coatings. Different companies are actively adopting U.V. and blue light blocking coatings to manufacture end-user products with the help of suitable materials and technology. The usage of U.V. and blue light blocking coatings in consumer goods industries not only blocks harmful radiations but also aids in the better performance of the product. For instance, in case of optical devices, the application of this coating helps in reducing strain on eyes thereby improving vision of the of the wearer. Adoption of both U.V. and blue light blocking coating is gradually increasing due to rising awareness among consumers, and ongoing research and development in different industry verticals.
The region is a dynamic market for U.V. and blue light blocking coatings, which is considerably expanding owing to the high growth rate in countries such as India, Taiwan, and Japan, among others. Product designs and quality for various end user industries such as automotive, consumer goods, building and construction, and steel, among others are being taken to higher levels of sophistication with the help of these coatings. The rapid industrialization along with the extensive adoption of U.V. and blue light blocking coatings has led to the availability of low-cost manufacturing structure. The region consists of multiple small and medium businesses (SMBs), which are transitioning to make innovative changes to achieve optimal efficiency and enhance their product quality. The Asian Paints Industry Council (APIC) is a government organization that monitors the paints and coatings business of Asia-Pacific region which includes countries such as India, Japan, Taiwan, Thailand, and South Korea, among others. APIC represents the region on a global level to World Coatings Council (WCC) and addresses the coatings industry on key international issues. APIC also showed interest in developing alternate methods for manufacturing ultraviolet light blocking coatings for commercial uses in order to reduce the VOC content emitted while production. The potential growth in the APAC region is supported by a large industrial base, extensive research and development in countries such as Japan, South Korea and Taiwan has caused the rapid growth in this field.
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Vacuum deposition coating is used for a wide variety of applications in automotive, consumer goods, and building and construction industry. The vacuum deposition coating process deposits a thin layer of coating on the surface of products by condensation method, which helps in increasing the wear and corrosion resistance of the coatings applied as compared to conventional coating methods. Techniques such as sputtering, electron beam, ion plating, and arc deposition, are used for the deposition of these coatings on the glass surfaces.
The consumer goods application is estimated to be the largest application segment in terms of volume. The demand for U.V. and blue light blocking coatings is mainly attributed to the increasing production of displays and lenses which are used in manufacturing consumer goods, such as smartphones, television, monitors, wearables, and tablets, among others. Wearables, which include smartwatches and lenses, are estimated to be growing at highest rate among consumer goods. The increasing market penetration of blue light blocking lenses, owing to their property to reduce excessive sunlight and regulating the melatonin level, has increased the consumption of blue light blocking coatings in the lens application.
UPCOMING INDUSTRY TRENDS 