New Research: Lucintel Predicts a Thin Film Coating market

Did you know that Lucintel recently published a market research report entitled “Growth Opportunities of the Thin Film Coating Industry”?

This report for thin film coating market identifies and predicts future opportunities for growth in compost industry for various segments as well as for various regions such as North America, Europe, Asia Pacific, and the Rest of the World. It also identifies growth opportunities for thin film coating industry in the consumer electronics, tools & equipment, automotive, aerospace & defense, energy, medical, and others.

According to Lucintel’s market report, the thin film coating market is expected to grow with a CAGR of 4.4 % from 2019 to 2024. Some of the dominant players of the thin film coating market are Huntsman, Lonza Group, Zeon, SABIC, and Chemours and others.

There are some interesting developments in thin film coating market as competition heats up and players try to increase their market share. Some of the emerging trend, which has a direct impact on the dynamics of thin film coating industry, use of thin film coating for making flexible displays. Indium tin oxide (ITO) is almost exclusively used in transparent conductive coatings for high resolution display because of its two important properties, electrical conductivity and optical transparency.

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