Scratch-Resistant Glass Market Recent Trends & Developements : Major Players are Corning, Asahi Glass, Nippon Electric Glass, Guardian, Schott and Monocrystal

[120 Pages Report] scratch-resistant glass market is estimated to grow from USD 1.69 Billion in 2016 to USD 2.85 Billion by 2022, at a CAGR of 9.1% during the forecast period. The base year considered for the study is 2016, and the market size is projected between 2017 and 2022. The increase in the use of scratch-resistant glass in the construction & infrastructure and automotive end-use industries is expected to drive the market in the coming years.

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The scratch-resistant glass market is segmented on the basis of product type, application, and region. Based on product type, the market is segmented into chemically-strengthened glass and sapphire glass. Chemically-strengthened glass is projected to be the largest and fastest-growing segment of the market during the forecast period, owing to its large-scale application in smartphones & tablets. The sapphire glass product type is estimated to be the second-largest product type in the scratch-resistant glass market in 2017 owing to the increasing application of sapphire glass in smartwatches and optical windows.

Based on application, the scratch-resistant glass market is segmented into smartphones & tablets, automotive, interior architecture, electronics, and others. Smartphones & tablets is estimated to be the largest segment of the scratch-resistant glass market in 2017, owing to the growing demand for scratch-resistant glass from smartphones & tablet applications and the growing penetration of scratch-resistant glass in electronics and automotive applications.

Asia Pacific is estimated to be the largest market for scratch-resistant glass in 2017. India and China are major markets for scratch-resistant glass due to the rising demand for scratch-resistant glass from the smartphones & tablets application in these countries. Also, these countries have shown a rapid increase in smartphone users in the recent past that is expected to continue over the forecast period.

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Corning Incorporated is a leading company in the global scratch-resistant glass market. It offers scratch-resistant Gorilla glass products through its specialty material business segment. The company has increased R&D investments year-on-year to develop new products, new production capabilities, and processes. As a part of its growth strategy, Corning focusses on new product developments, partnerships, and joint ventures & agreements to cater to the increasing demand for scratch-resistant glass and gain a competitive edge in the market. For instance, in August 2016, the company launched Corning Gorilla Glass SR+ for wearable devices. This glass offers high scratch resistance and toughness with better optical clarity and touch sensitivity.

Nippon Electric Glass is one of the world’s largest manufacturers of scratch-resistant glass and specialty glass. The company operates through two business segments, namely electronics & information technology and performance materials & others. The company manufactures scratch-resistant glass through its electronics & information technology segment under the brand name Dinorex. In October 2013, the company developed a scratch-resistant glass product under its Diamond Guardbrand for use in the European market.

Scope By Application:
• Smartphones & Tablets
• Automotive
• Interior Architecture
• Electronics
• Marine
• Consumer Good

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