The global scratch resistant glass market reached a value of US$ 5.14 Billion in 2021. Looking forward, the analyst expects the market to reach a value of US$ 8.53 Billion by 2027 exhibiting a CAGR of 8.40% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Scratch resistant glass refers to a kind of safety glass coated with a hard protective layer. It contains a chemical compound coating that resists scratches and is lightweight, strong, and durable. It is commonly available in sapphire and chemically strengthened glass variants. Scratch resistant glass is widely used in cabinets, sliding doors, smartphones, kitchen, wall panels, lifts, partition doors, glass furniture, tablets, bathroom, and laboratory fittings. Scratch resistant glass acts as a protective layer and exhibits high strength, temperature stability, rigidity, flexibility, and durability. In comparison to regular glass, scratch resistant glass has an increased lifespan and maintains its original elegance.
Scratch Resistant Glass Market Trends: The increasing demand for smartphones across the globe is one of the key factors driving the growth of the market. Scratch resistant glass is widely used on phones and tablets to protect the phone display against drops and other damage. Additionally, the significant growth in the construction industry is favoring the market growth. Since scratch resistant glass is commonly used in numerous interior and exterior elements of various structures, such as doors, windows, cabinets, and elevators, this is acting as a major growth-inducing factor. Various product innovations, such as the development of lightweight and thinner scratch resistant glass used in sunglasses, are providing a significant boost to the market growth. In line with this, the widespread product adoption in the automotive industry in manufacturing windshields and sunroofs is positively impacting the market growth. Apart from this, the rising consumer expenditure power, increasing infrastructural development, and widespread product utilization in the manufacturing of smart wearables are anticipated to drive the market toward growth further.
Key Market Segmentation: the analyst provides an analysis of the key trends in each sub-segment of the global scratch resistant glass market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on product type, material and application.
Breakup by Product Type: Sapphire Glass Chemically Strengthened Glass
Breakup by Material: Silica Hydrofluoric Acid Aluminum Oxide Others
Breakup by Application: Smartphones and Tablets Automotive Electronics Others
Breakup by Region: North America United States Canada Asia-Pacific China Japan India South Korea Australia Indonesia Others Europe Germany France United Kingdom Italy Spain Russia Others Latin America Brazil Mexico Others Middle East and Africa
Competitive Landscape: The competitive landscape of the industry has also been examined along with the profiles of the key players being AGC Inc., Compagnie de Saint-Gobain S.A., Corning Incorporated, Crystalwise Technology Inc., Edmund Optics Inc., Guardian Industries (Koch Industries Inc.), Kyocera Corporation, Nippon Electric Glass Co. Ltd., Rubicon Technology Inc., Schott AG and Swiss Jewel Company.
Key Questions Answered in This Report: How has the global scratch resistant glass market performed so far and how will it perform in the coming years? What has been the impact of COVID-19 on the global scratch resistant glass market? What are the key regional markets? What is the breakup of the market based on the product type? What is the breakup of the market based on the material? What is the breakup of the market based on the application? What are the various stages in the value chain of the industry? What are the key driving factors and challenges in the industry? What is the structure of the global scratch resistant glass market and who are the key players? What is the degree of competition in the industry?
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175 pages •
By The Business Research Company
• Jun 2022
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