6.5% Annual Growth Seen for Coatings Market

Global demand for thin-film optical coatings was valued at approximately $6.5 billion in 2013 and is expected to grow by 6.5 percent annually in the coming years, according to a market forecast from Acmite Market Intelligence.

Electronics and semiconductors combined present the largest application market, while fiber optics and telecommunications combined is the fastest-growing market. Instrumentation and security markets will continue their steady growth, Acmite predicts, and global trends in energy efficiency and solar energy will provide potential for suppliers.

The report examines the current products and application areas, provides extensive 2013 market data, and market forecasts through 2018 to 2022.

For more information, visit www.acmite.com.