Stratview Research has published a new report titled “Scratch-Resistant Glass Market” which is segmented by Product Type (Chemically Strengthened Glass, Sapphire Glass), by Application Type (Smartphones & Tablets, Automotive, Interior Architecture, Electronics, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).
As per the study, the market is expected to reach USD 3.87 billion by 2028 from USD 2.06 billion in 2021 at a CAGR of 9.37% during the forecast period of 2022-2028.
Scratch-Resistant glass is mainly sapphire glass or glass made up of minerals with a coating of chemicals to resist such scratches. Also, some glasses are processed by offering them a diamond-like coating on the surface to provide permanent protection.
Report Highlights
This report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can affect the market dynamics of the industry. It provides a thorough analysis of the market segments which include products, applications, and competitor analysis.
The market is bifurcated into various segments. Below given is the segment-wise analysis –
By Product Type
The market is segmented as chemically strengthened glass and sapphire glass.
The Chemically Strengthened Glass segment dominated the market and is expected to witness higher growth during the forecast period, owing to the substantial increase in demand from applications, such as smartphones and tablets.
By Application Type
The market is segmented as smartphones & tablets, automotive, interior architecture, electronics, and others.
The Smartphone & Tablet Application segment dominated the market and is expected to grow at a substantial rate during the forecast period.
Increasing demand for smartphones & tablets coupled with significant technological advancement in the segment is the major factor behind its dominance in the global scratch-resistant glass market.
Which Region is expected to remain the largest market?
Asia-Pacific is expected to remain the largest market for scratch-resistant glass during the forecast period. Asia-Pacific is the manufacturing capital of smartphones & tablets and the electricals & electronics industry, owing to the presence of a large number of players, proximity to raw materials, cheap labor, and a huge consumer base.
Further, China, Japan, South Korea, Taiwan, and India are the growth engines of the region. North America and Europe are the other major markets for scratch-resistant glass and are expected to witness significant growth during the forecast period.
Who are the Key Players in the Market?
This report provides market intelligence most comprehensively. It also provides critical insights into the key players active in the market, which will enable strategic decision-making for the existing market players as well as those willing to enter the market.
The following are the key players active in the Scratch-Resistant Glass Market:
- Corning Incorporated
- AGC Inc.
- Nippon Electric Glass Co., Ltd.
- Guardian Industries
- Rubicon Technology, Inc.
- Kyocera Group
- Crystalwise Technology, Inc.
- Edmund Optics Inc.
- Schott AG
- Compagnie de Saint-Gobain S.A.
- Crystal Applied Technology Inc.
- Precision Sapphire Technologies.
Key questions answered by the report.
- What is the projected CAGR for revenue from the Scratch-Resistant Glass Market during the forecast period?
- What would the market be valued at by 2028?
- What is a major driving factor for the growth of the market?
- Which region accounted for the largest revenue share in the Scratch-Resistant Glass Market?
- Which are the major market players?
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Stratview Research is a global market research firm, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients insightful market data to aid strategic decision-making. These exclusive reports are the result of exclusive research methodology and are available for key industries such as chemicals, composites, advanced materials, technology, renewable energy, and more.
