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Scratch-Resistant Glass Market Size-Share 2021, Analysis by Manufacturers, Competitive Landscape, Future Growth, Strategy and Forecast to 2027- Corning, Asahi Glass, Nippon Electric Glass, Guardian Industries
The Scratch-Resistant Glass Market report is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report.The Global Scratch-Resistant Glass Market Size is Projected to Reach at a CAGR of 10% during 2021-2027.
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Market Overview
Major factors driving the market studied are the increasing sales of premium smartphones and tablets along with increasing usage of the product in LCD’s and leds. High prices and the use of coatings & film lamination along with declining automotive production are expected to hinder the growth of the market studied.
Chemically strengthened glass dominated the market in 2018 and is expected to grow during the forecast period owing to its superior properties such as better optical clarity, improved impact absorbance and high scratch resistance. This type of glass also helps in enhancing the aesthetics of the devices and have enhanced usage in electronic gadgets and smartphones.
Asia-Pacific dominated the market across the globe with the largest consumption from the countries such as China, India and ASEAN Countries.
Top Leading Companies:
Corning, Asahi Glass, Nippon Electric Glass, Guardian Industries, Monocrystal, Rubicon Technology, Kyocera Group, Crystalwise Technology, Edmund Optics, Schott AG, Saint-Gobain, Crystal Applied Technology, Swiss Jewel Company, Thorlabs, Precision Sapphire Technologies
Recent Development:
Corning has acquired 19 companies, including 3 in the last 5 years. A total of 7 acquisitions came from private equity firms. It has also divested 5 assets. Corning’s largest acquisition to date was in 2000 when it acquired NetOptix for $2.0B. Corning has acquired in 7 different US states, and 5 countries. The Company’s most targeted sectors include communications (24%) and electrical equipment (24%). Corning is engaged in the manufacture of speciality glass and ceramics. The Company creates and makes keystone components that enable systems for consumer electronics, mobile emissions control, optical communications and life sciences. Corning was founded in 1851 and is based in Corning, New York.
Schott AG has acquired 4 companies, including 2 in the last 5 years. Schott AG has acquired in 3 different US states, and 2 countries. The Company’s most targeted sectors include distribution (25%) and electrical equipment (25%). SCHOTT is a multinational, technology-based group developing and manufacturing special glass, speciality materials, components and systems.
Scratch-Resistant Glass Market Segmentation by Type:
Chemically-strengthened Glass
Sapphire Glass
Scratch-Resistant Glass Market Segmentation by Application:
Smartphones & Tablets
Automotive
Interior Architecture
Electronics
Others
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Asia-Pacific Region to Dominate the Market
Asia-Pacific region dominated the global market share. With growing application in countries such as China, Japan and India the utilization of scratch-resistant glass is increasing in the region.
Some of the largest producers of scratch-resistant glass are located in Asia-Pacific. Some of the leading companies in the production of scratch-resistant glass are AGC Inc. (Asahi Glass), Nippon Electric Glass Co., Ltd., Saint-Gobain, Crystalwise Technology Inc., KYOCERA Corporation.
China’s consumer electronics segment is expected to reach USD 190.23 billion by 2024, at a growth rate of 2.3%. This creates a major scope for this market in the utilization of scratch-resistant glass in the coming future.
Rising disposable incomes along with a growing population in countries such as China, Japan, and India are likely to boost the smartphone and tablets and consumer electronics industries, which is likely to enhance product demand over the forecast period. Government policies in countries such as the Philippines and Indonesia to increase manufacturing facilities is likely to enhance the market demand for scratch-resistant glass.
Regional Scratch-Resistant Glass Market (Regional Output, Demand & Forecast by Countries)
North America (United States, Canada, Mexico)
South America (Brazil, Argentina, Ecuador, Chile)
Asia Pacific (China, Japan, India, Korea)
Europe (Germany, UK, France, Italy)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And additional.
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Highlights of the Scratch-Resistant Glass Market Report:
Detailed overview of Scratch-Resistant Glass Market
Changing the Scratch-Resistant Glass market dynamics of the industry
In-depth market segmentation by Type, Application, etc.
Historical, current and projected Scratch-Resistant Glass market size in terms of volume and value
Recent industry trends and developments
Competitive landscape of Scratch-Resistant Glass Market
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth.
The research includes historic data from 2016 to 2021 and forecasts until 2027 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.
Finally, the Scratch-Resistant Glass Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request, and market development rate and figure, and so on. Scratch-Resistant Glass industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.
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