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Global Scratch Resistant Glass Market, 2026 - The Market is Forecast to Reach $7.98 Billion(June 13, 2018)
Dublin, June 13, 2018 (GLOBE NEWSWIRE) -- The "Global Scratch Resistant Glass Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2018 To 2026" report has been added to ResearchAndMarkets.com's offering.
The global Scratch Resistant Glass market is set to grow with a CAGR of 7.9% throughout the forecast period to reach US$ 7,989.0 Mn by 2026.
For instance, mirrors will be able to assess the health condition of the person standing front of it. High penetration of smartphone users in the developing regions, rising demand from smartphones and tablets application, growth in demand for premium consumer electronics owing to rising disposable income and changing lifestyles are among the key factors driving the scratch resistant glass market. Moreover, emerging demand from automotive and architecture & construction industries is estimated to propel the demand for scratch resistant glass market growth across the world.
Industry players such as Corning is aggressively focusing on research and development of next generation glass that can give birth to innovative consumer electronic technologies. For example, Corning introduced gorilla glass 5 that raises the bar for protection higher than ever. Corning has gorilla 3 and 4 as well in the market that shows the focus and strength of product innovation.
The scratch resistant glass market is segmented on the basis of application and geography. Based on application, the LCD/LED led the market, accounted for around 32% in terms of value in 2017. This is primarily due to the growing application of LED/LCD in consumer electronics devices such as TVs, personal computers, lights, etc.
Based on geography, Asia-Pacific led the global scratch resistant glass market accounted for more than 34% of the total market value generated worldwide in 2017. Asia Pacific is also identified as the fastest growing region, primarily due to lower manufacturing costs coupled with less stringent government regulations in the region has led major OEM manufacturers to establish manufacturing bases in the region, thus driving the regional industry growth. The use of scratch resistant glass results in high price of end-use products and rising use of lamination and coatings in electronic devices as a substitute are some factors restraining the market growth.
New product development and expansion are the major strategies implemented by key manufactures in the global scratch resistant glass market. For example, in 2016, Corning Incorporated, launched new flagship cover glass Gorilla Glass 5 with the aim of providing protection to devices from everyday drops.
Key Topics Covered:
Chapter 1. Preface
1.1. Report Scope and Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offering
1.2. Research Scope
1.3. Research Methodology
1.4. Market Size Estimation
1.6. Market Segmentation
Chapter 2. Executive Summary
2.1. Global Scratch Resistant Glass Market Snapshot
2.2. Global Scratch Resistant Glass Market Size (Million Sq. Meter, US$ Mn), by Application, 2017
2.3. Global Scratch Resistant Glass Market Size (Million Sq. Meter, US$ Mn), by Geography, 2017
Chapter 3. Market Overview
3.2. Market Dynamics
22.214.171.124. Emerging Demand for Scratch Resistant Glass from Automotive Electronics Application
126.96.36.199. High Cost of Scratch Resistant Glass
188.8.131.52. Extensive R&D in Various End-use Industry is Creating Immense Opportunity for Scratch Resistant Glass
3.3. Attractive Investment Proposition, by Geography, 2017
3.4. Competitive Landscape: Market Positioning of Key Players, 2017
Chapter 4. Global Scratch Resistant Glass Market, by Application, 2016 - 2026 (Million Sq. Meter, US$ Mn)
4.1.1. Scratch Resistant Glass Market Share Analysis (Value, %), by Application, 2017 vs. 2026
4.6. Others (Interior Architecture, commercial industry, etc.)
Chapter 5. Global Scratch Resistant Glass Market, by Geography, 2016 - 2026 (Million Sq. Meter, US$ Mn)
Chapter 6. Company Profiles
- Corning Incorporated
- Asahi Glass
- Nippon Electric Glass
- Guardian Industries
- Schott AG
- Kyocera Group
- Edmund Optics
- Crystalwise Technology
For more information about this report visit https://www.researchandmarkets.com/research/gnv7hr/global_scratch?w=12
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