Scratch Resistant Glass Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 8.00 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Scratch Resistant Glass Market Analysis
The market for scratch resistant glass is expected to grow at a CAGR more than 8% during the forecast period. Major factors driving the market studied are the increasing sales of premium smartphones and tablets along with increasing usage of the product in LCD's and LED's. High prices and use of coatings & film lamination along with declining automotive production are expected to hinder the growth of the market studied.
- Chemically strengthened glass dominated the market in 2018 and is expected to grow during the forecast period owing to its superior properties such as better optical clarity, improved impact absorbance and high scratch resistance. This type of glass also helps in enhancing the aesthetics of the devices and have enhanced usage in electronic gadgets and smartphones.
- Asia-Pacific dominated the market across the globe with the largest consumption from the countries such as China, India and ASEAN Countries.
Scratch Resistant Glass Market Trends
This section covers the major market trends shaping the Scratch Resistant Glass Market according to our research experts:
Increasing Demand from Smartphones and Tablets
- Sapphire glasses and gorilla glasses in smartphone and tablets applications is likely to stimulate market growth over the forecast period. Increasing demand of tablets in industrial applications is expected to drive the market. Introduction of new technologies and products along with enhanced toughness of the product will increase the demand of the product in the smartphones and tablets segment.
- The smartphone production volume is expected to reach 1,520 million units by 2021.According to International Data Corporation (IDC), design innovation in the smartphone industry will be the focused area along with increasing sales of 5G smartphones, globally. 5G smartphones experienced a slow start in 2019, capturing only 0.5% of the overall shipments, but it is expected that the shipments may increase to 23% by 2023, which would further enhance the usage of scratch resistant glasses in the smartphones' category.
- The Indian smartphone market is one of the fastest growing market globally and ranks second largest market globally after China. According to industry statistics, the number of smartphone users in India is likely to increase to 829 million users by 2022.
- Owing to all the above-mentioned factors for scratch resistant glass, its market is expected to grow rapidly over the forecast period.
Asia-Pacific Region to Dominate the Market
- Asia-Pacific region dominated the global market share. With growing application in countries such as China, Japan and India the utilization of scratch resistant glass is increasing in the region.
- Some of the largest producers of scratch resistant glass are located in Asia-Pacific. Some of the leading companies in the production of scratch resistant glass are AGC Inc. (Asahi Glass), Nippon Electric Glass Co.,Ltd., Saint-Gobain, Crystalwise Technology Inc., KYOCERA Corporation.
- China's consumer electronics segment is expected to reach USD 190.23 billion by 2024, at a growth rate of 2.3%. This creates a major scope for this market in the utilization of scratch resistant glass in the coming future.
- Rising disposable incomes along with growing population in countries such as China, Japan, and India are likely to boost the smartphone and tablets and consumer electronics industries, which is likely to enhance product demand over the forecast period. Government policies in countries such as Philippines and Indonesia to increase manufacturing facilities is likely to enhance the market demand for scratch resistant glass.
- Chemically strengthened glass offers various benefits such as high dimensional stability and enhanced shock absorption characteristics and hence, is used in manufacturing sustainable lighting solutions and connected devices in the Internet of Things (IoT) product category. Increasing demand for portable devices and OLED is likely to boost the consumption of scratch resistant glass in the coming years.
- The aforementioned factors, coupled with government support, are contributing to the increasing demand for scratch resistant glass during the forecast period.
Scratch Resistant Glass Industry Overview
The global scratch resistant glass market is fragmented with top 5 players accounting for a major share of the market. The major companies include AGC Inc. (Asahi Glass), Guardian Glass LLC, Corning Incorporated, Corning Incorporated, Nippon Electric Glass Co.,Ltd. and Saint-Gobain.
Scratch Resistant Glass Market Leaders
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AGC Inc. (Asahi Glass)
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Guardian Glass LLC
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Corning Incorporated
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Nippon Electric Glass Co.,Ltd
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Saint-Gobain
*Disclaimer: Major Players sorted in no particular order
Scratch Resistant Glass Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
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4.1 Drivers
- 4.1.1 Increasing Demand from the Smartphone and Tablets Applications
- 4.1.2 Growing Elecronic Display Demand
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4.2 Restraints
- 4.2.1 High Product Cost
- 4.2.2 Other Restraints
- 4.3 Industry Value Chain Analysis
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4.4 Porter's Five Force Analysis
- 4.4.1 Bargaining Power of Suppliers
- 4.4.2 Bargaining Power of Buyers
- 4.4.3 Threat of New Entrants
- 4.4.4 Threat of Substitute Products
- 4.4.5 Degree of Competition
5. MARKET SEGMENTATION
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5.1 Product Type
- 5.1.1 Sapphire Glass
- 5.1.2 Chemically Strengthened Glass
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5.2 Application
- 5.2.1 Smartphones & Tablets
- 5.2.2 Automotive
- 5.2.3 Electronics
- 5.2.4 Other Applications
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5.3 Geography
- 5.3.1 Asia-Pacific
- 5.3.1.1 China
- 5.3.1.2 India
- 5.3.1.3 Japan
- 5.3.1.4 South Korea
- 5.3.1.5 ASEAN Countries
- 5.3.1.6 Rest of Asia-Pacific
- 5.3.2 North America
- 5.3.2.1 United States
- 5.3.2.2 Canada
- 5.3.2.3 Mexico
- 5.3.3 Europe
- 5.3.3.1 Germany
- 5.3.3.2 United Kingdom
- 5.3.3.3 Italy
- 5.3.3.4 France
- 5.3.3.5 Rest of Europe
- 5.3.4 South America
- 5.3.4.1 Brazil
- 5.3.4.2 Argentina
- 5.3.4.3 Rest of South America
- 5.3.5 Middle-East & Africa
- 5.3.5.1 Saudi Arabia
- 5.3.5.2 South Africa
- 5.3.5.3 Rest of Middle-East & Africa
6. COMPETITIVE LANDSCAPE
- 6.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
- 6.2 Market Share Analysis**
- 6.3 Strategies Adopted by Leading Players
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6.4 Company Profiles
- 6.4.1 AGC Inc. (Asahi Glass)
- 6.4.2 Corning Incorporated
- 6.4.3 Crystalwise Technology Inc.
- 6.4.4 Edmund Optics
- 6.4.5 Guardian Glass LLC
- 6.4.6 Kyocera Corporation
- 6.4.7 Monocrystal
- 6.4.8 Nippon Electric Glass Co.,Ltd.
- 6.4.9 Rubicon Technology
- 6.4.10 Saint-Gobain
- 6.4.11 Schott AG
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
- 7.1 Technological Advancements for Delicate Products
Scratch Resistant Glass Industry Segmentation
The Scratch Resistant Glass market report include:
| Product Type | Sapphire Glass | |
| Chemically Strengthened Glass | ||
| Application | Smartphones & Tablets | |
| Automotive | ||
| Electronics | ||
| Other Applications | ||
| Geography | Asia-Pacific | China |
| India | ||
| Japan | ||
| South Korea | ||
| ASEAN Countries | ||
| Rest of Asia-Pacific | ||
| Geography | North America | United States |
| Canada | ||
| Mexico | ||
| Geography | Europe | Germany |
| United Kingdom | ||
| Italy | ||
| France | ||
| Rest of Europe | ||
| Geography | South America | Brazil |
| Argentina | ||
| Rest of South America | ||
| Geography | Middle-East & Africa | Saudi Arabia |
| South Africa | ||
| Rest of Middle-East & Africa |
Scratch Resistant Glass Market Research FAQs
What is the current Scratch Resistant Glass Market size?
The Scratch Resistant Glass Market is projected to register a CAGR of greater than 8% during the forecast period (2024-2029)
Who are the key players in Scratch Resistant Glass Market?
AGC Inc. (Asahi Glass) , Guardian Glass LLC, Corning Incorporated , Nippon Electric Glass Co.,Ltd and Saint-Gobain are the major companies operating in the Scratch Resistant Glass Market.
Which is the fastest growing region in Scratch Resistant Glass Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Scratch Resistant Glass Market?
In 2024, the Asia Pacific accounts for the largest market share in Scratch Resistant Glass Market.
What years does this Scratch Resistant Glass Market cover?
The report covers the Scratch Resistant Glass Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Scratch Resistant Glass Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Scratch Resistant Glass Industry Report
Statistics for the 2024 Scratch Resistant Glass market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Scratch Resistant Glass analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
