Scratch Resistant Glass Market Overview:
Scratch-resistant glass is a mineral or sapphire crystal, widely used in watch lenses, eyeglasses, smart phone screens and smart device screens. Scratch-resistant glass has a chemical coating that helps resist minor scratches. Gorilla glass is a new product developed and manufactured by Corning, which corresponds to the scratch resistance of the sapphire crystal. Scratch-resistant glass offers drop performance, high strength, scratch and contact resistance, superior surface quality, optical clarity and shock absorption. Scratch-resistant glass is mainly used in smartphones, tablets, LCD / LED screens and automobiles.
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The global Scratch Resistant Glass market will reach xxx Million USD by 2023 growing at a CAGR of xx% during the forecast period 2018-2023.
Scratch Resistant Glass Market Drivers and Restraints:
The use of scratch-resistant glass on watches and optical windows is increasing. The use is also increasing in the information and entertainment devices in the automotive industry. Smartphones are the biggest consumer of scratch resistant glass, due to the high demand for those screens. The smartphone sector in developed countries is well developed and developing rapidly in the emerging economies. These factors should drive the global market for scratch resistant glass during the forecast period.
Geographic Segmentation of Scratch Resistant Glass Market:
The Asia-Pacific region is an important market for scratch-resistant glass around the world, with the main contribution from China. Asian countries such as China, Japan, South Korea and Taiwan have a strong base of smart phone manufacturers. In addition, India is a manufacturing site for smartphones and electronic devices. As a result, the Asia-Pacific region is expected to experience the largest increase in the demand for scratch-resistant glass in the near future. The increase in the number of new companies involved in the manufacture of sustainable lighting solutions and connected devices in the Internet of Things (IoT) product category is driving the North American market. The growing demand for OLED and portable devices is expected to increase the consumption of scratch resistant glass during the forecast period. The contribution of Latin America, and the Middle East and Africa to the worldwide demand for scratch resistant glass is lower compared to other regions. However, the demand for scratch resistant glass in these areas is expected to increase rapidly during the forecast period.
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Key Players of Scratch Resistant Glass Market:
Key players in the Scratch Resistant Glass Market include Corning Incorporated, Asahi India Glass Limited, Nippon Electric Glass Co., Ltd, Monocrystal, Guardian Industries, KYOCERA Corporation, and Schott AG.
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