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Scratch resistant glass is a type of glass that is coated with scratch and abrasion resistant coatings to avoid damages and abrasion. These glasses provide multiple benefits such as better impact tolerance, enhanced optical clarity, and high scratch resistance. These glasses are generally made from sapphire glass or mineral-based glass and us coated with chemical coating to avoid scratch and abrasion. These glasses are 10 times more resistant to scratches than normal glass and hence are widely employed in electronics sector.
Increasing demand for smartphones and tablets is expected to boost the market growth. The high growth in shipment and sales of smartphones across the globe is creating demand for glass screen protectors. Additionally, increasing technological advancements in smartphone manufacturing is expected to propel the market growth.
However, high penetration of alternative screen protectors along with the presence of retail availability is expected to hamper the market growth.
Key Market Driver -
Increasing demand from smartphones and tablets application segment.
Key Market Restraint -
Availability of alternative screen protectors.
Based on product type, the global scratch-resistant glass and coating market is segmented chemically strengthened glass, sapphire glass, and others. Based on application, market is segmented into smartphones & tablets, automotive, interior architecture, electronics, and other applications.
From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
The global Scratch-resistant Glass and Coating market consists of global & regional players operating. Some of the key players in the market include Corning Incorporated, Nippon Electric Glass, Guardian Industries, Asahi Glass, Schott AG, Monocrystal, and others.
The market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. America accounted for the largest share in market in terms of value in 2015. Technological advancements and adoption of newer technologies is expected to further drive the regional market. Asia pacific is expected to be the fastest growing market due to large manufacturing base for electronics and smartphones. Europe is expected to show significant growth due to the high demand for smartphones and electronic devices. Latin America and Middle East & Africa shall exhibit sluggish growth by the end of forecast period.
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