The increasing penetration of electronic appliances such as smartphones, tablets, and PCs due to growing populace, along with burgeoning demand for UV and blue light blocking coating among end-user industries such as the optical industry, and automotive industry are some of the major factor propelling the growth of Global Ultraviolet (UV) and Blue Light Blocking Coatings market over the forecast period. Moreover, the robust expanding electronic industry in the developed and developing countries due to rapid urbanization, rising millennial inclination towards blue light blocking glasses to prevent the visibility of the human eye and introduction of television and monitors with UV and blue light blocking coating are anticipated to place a lucrative opportunity for the growth of the market in the forthcoming timeline.
According to MarkNtel Advisors’ research report “Global Ultraviolet (UV) and Blue Light Blocking Coatings Market Analysis, 2020”, the Global Ultraviolet (UV) and Blue Light Blocking Coatings market is anticipated to grow at a CAGR during 2021-26F. Based on Technology, Vacuum Deposition acquired the significant market share in 2019. Moreover, Sol Gel is expected to grow at a considerable rate in the coming years.
“Global Ultraviolet (UV) and Blue Light Blocking Coatings Market Analysis, 2020” provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for Ultraviolet (UV) and Blue Light Blocking Coatings providers across the Globe. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitor's capabilities on 16 parameters. This will help companies in the formulation of Go to Market Strategies and identifying the blue ocean for its offerings.
North America Acquired Considerable Market Share
North America acquired considerable market share in Global Ultraviolet (UV) and Blue Light Blocking Coatings market in 2019. The US dominated the North America region owing to the factors such as launch of technologically advance smartphone, strong growth in automotive industry and burgeoning deployment of UV and blue light coating in television and PC. Furthermore, introduction of innovative coating is anticipated to upsurge the growth of the Ultraviolet (UV) and Blue Light Blocking Coatings Market in the forthcoming period as stated in MarkNtel Advisors’ research report “Global Ultraviolet (UV) and Blue Light Blocking Coatings Market Analysis, 2020”.
According to MarkNtel Advisors’, the key players with a considerable market share in the Global Ultraviolet (UV) and Blue Light Blocking Coatings market are 3M, B+D, Carl Zeiss AG, Blueberry Glasses, Cyxus, Essilor International S.A., Gunnar Optiks LLC, HOYA Corporation, ICOAT COMPANY, LLC, IOT Neochromes, IZIPIZI, PPG Industries, Inc., PRIVE REVAUX, Swanwick Sleep, ZENNI OPTICAL Inc. etc.
Key questions answered in the study: