Press release
Super-Hydrophobic Display-Glass Market Poised to Hit $3.18 Billion by 2029 with Accelerating Growth Trends
Super Hydrophobic Display Glass
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Super-Hydrophobic Display-Glass Market Size Growth Forecast: What to Expect by 2025?_x000D_
The size of the super-hydrophobic display-glass market has experienced a significant rise in recent years. The market size will expand from $1.27 billion in 2024 to $1.53 billion in 2025, growing at a compound annual growth rate (CAGR) of 20.5%. The growth during the historical period is a result of a surge in demand for surfaces that resist water and fingerprints. There has also been a rise in consumer electronics sales, expansion in the utilization of display applications in the automotive industry, growth in the healthcare device sector, and the introduction of supportive environmental laws from the government._x000D_
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How Will the Super-Hydrophobic Display-Glass Market Size Evolve and Grow by 2029?_x000D_
The market size for super-hydrophobic display-glass is set to experience substantial expansion over the coming few years. The projection states that it will reach a size of $3.19 billion by 2029, with a compound annual growth rate (CAGR) of 20.1%. This growth anticipation for the forecast period is driven by increased usage in industrial displays, escalation in disposable income in developing markets, the burgeoning smart device environment, government initiatives promoting local manufacturing, and the upswing in urbanization and digitalization. Key trends expected in the prediction period comprise advancements in customizable super-hydrophobic coatings, developments in ecologically sound and long-lasting glass products, a rise in strategic alliances and consolidations, penetration into emerging markets, and the integration of antimicrobial and anti-glare features._x000D_
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What Drivers Are Propelling the Growth of Super-Hydrophobic Display-Glass Market Forward?_x000D_
A surge in demand for consumer electronics is predicted to boost the expansion of the super-hydrophobic display-glass market. Everyday electronic devices like smartphones, televisions, laptops and home appliances come under the consumer electronics category. Rising income levels, leading to increased consumer expenditure, are contributing to the growing demand for these electronics. Higher disposable income allows individuals to invest in premium gadgets and to frequently update to the latest tech innovations. Super-hydrophobic display-glass enhances these electronic devices by providing resistance to water, oils, and other contaminants, minimizing smudges and fingerprints, and improving the device's strength and resistance to scratches and corrosion. This also helps maintain the clearness and touch sensitivity of the screen, ensuring a reliable and durable user experience. For instance, the Japan Electronics and Information Technology Industries Association stated in May 2023 that Japan's production of electronic equipment was around 771,457 million yen (approximately USD 5.6 billion), and consumer electronics production elevated to 32,099 million yen (approximately USD 233 million), up from 25,268 million yen (approximately USD 183 million) the previous year. As such, the boom in demand for consumer electronics is accelerating the growth of the super-hydrophobic display-glass market. The automotive industry's continued growth is expected to further stimulate the growth of the super-hydrophobic display-glass market. This industry encompasses the economic sector involved in the conception, production, marketing and sale of automobiles and their components. The automotive sector's growth is leading OEMs (Original Equipment Manufacturers) to seek upgraded display surfaces resistant to water, grit, and fingerprints. This need is further amplified by the rapid rise in touchscreen interfaces in connected and electric vehicles, leading to a shift from traditional glass to super-hydrophobic variants. The automotive industry's growth benefits super-hydrophobic display-glass by encouraging the use of advanced, water-repellent coatings on vehicle displays and windshields. This results in improved visibility, reduced upkeep, and increased safety under various driving conditions. The European Automobile Manufacturers' Association (ACEA) reported in May 2023 a 5.7% increase in the global production of motor vehicles in 2022, with a new total of 85.4 million units. Hence, the growing adoption in the automotive industry is fueling the super-hydrophobic display-glass market expansion._x000D_
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What Are the Key Segments in the Super-Hydrophobic Display-Glass Market?_x000D_
The super-hydrophobic display-glass market covered in this report is segmented as_x000D_
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1) By Product Type: Coated Glass, Laminated Glass, Tempered Glass, Other Product Types_x000D_
2) By Distribution Channel: Original Equipment Manufacturer (OEMs), Aftermarket, Online Retail, Other Distribution Channels_x000D_
3) By Application: Consumer Electronics, Automotive Displays, Industrial Displays, Medical Devices, Other Applications_x000D_
4) By End-User: Smartphones And Tablets, Laptops And Monitors, Automotive, Healthcare, Other End Users_x000D_
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Subsegments:_x000D_
1) By Coated Glass: Anti Reflective Coatings, Scratch Resistant Coatings, Smudge Resistant Coatings, Ultraviolet Protective Coatings_x000D_
2) By Laminated Glass: Acoustic Laminated Glass, Safety Laminated Glass, Decorative Laminated Glass, Solar Control Laminated Glass_x000D_
3) By Tempered Glass: Clear Tempered Glass, Tinted Tempered Glass, Frosted Tempered Glass, Patterned Tempered Glass_x000D_
4) By Other Product Types: Flexible Glass, Smart Glass, Reinforced Glass, Recycled Glass_x000D_
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Who Are the Key Players Shaping the Super-Hydrophobic Display-Glass Market's Competitive Landscape?_x000D_
Major companies operating in the super-hydrophobic display-glass market are AGC Inc., Nippon Electric Glass Co. Ltd. (NEG), NTT Advanced Technology Corporation, Surfactis Technologies, Abrisa Technologies Inc., Protexion LLP, Diamon-Fusion International Inc., Nasiol Coatings Ltd., Guardian Glass LLC, Aceso Optic, Lotus Leaf Coatings, Cytonix LLC, Tuff Industries Inc., EnduroShield Pty Ltd, JNS Glass & Coatings Inc., Pearl Global Inc., NanoRH Inc., Crystal Fusion Technologies Inc., Kisho Coating, Midknight Detailing _x000D_
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What Geographic Markets Are Powering Growth in the Super-Hydrophobic Display-Glass Market?_x000D_
North America was the largest region in the super-hydrophobic display-glass market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in super-hydrophobic display-glass report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa._x000D_
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