U.V. and Blue Light Blocking Coatings Market is Expected to Show a Decent Growth | BIS Research

FREMONT, Calif. - June 11, 2021 - PRLog -- The coating industry has been evolving significantly due to the changing requirements from the end-user industry, leading to changes in the manufacturing processes and innovation in the engineering application. Coatings are essentially applied for protection, preservation, and beautification of the products. They also aid in obtaining durability and additional customized features such as corrosion resistance, wear and tear resistance, and fouling resistance. As a result, the products offered by the industry have undergone a gradual shift from their traditional usage of providing finishes and aesthetic feel to being used for processes of surface treatment, thereby, adding value to another product.

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Technological advancements in the manufacturing sector with extensive on-going research to improve the existing manufacturing options have laid the foundation for the usage of innovative functional coatings. There has been a drastic change in the coatings industry which has resulted in several innovations such as blue light blocking coatings, ultraviolet light blocking coatings, anti-glare coatings, anti-reflective and anti-fingerprint coatings, among others. Organizations such as World Coatings Council (WCC), American Coatings Association (AMA), among several others indicate at a possible significant increase in the coatings market in the future.

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.

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The demand for U.V. and blue light blocking coatings varies according to various geographical regions. The market holds a prominent share in various countries of North America, Asia-Pacific, Middle East and Africa, South America and Europe. China is currently the largest revenue generating country in the U.V. and blue light blocking coatings market. Industrial advancements, technological advancements, extensive investments for dedicated R&D facilities, and presence of major display manufacturing companies are some of the major drivers that are propelling the growth of the market in the country.