Market Size of Scratch Resistant Glass Industry
| 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 Industry Segmentation
The Scratch Resistant Glass market report include:
| Product Type | |
| Sapphire Glass | |
| Chemically Strengthened Glass |
| Application | |
| Smartphones & Tablets | |
| Automotive | |
| Electronics | |
| Other Applications |
| Geography | ||||||||
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Scratch Resistant Glass Market Size Summary
The scratch resistant glass market is poised for significant growth, driven by the rising demand for premium smartphones and tablets, as well as increased utilization in LCD and LED applications. Despite challenges such as high costs and the impact of declining automotive production, the market is expected to expand steadily. Chemically strengthened glass, known for its superior optical clarity, impact absorbance, and high scratch resistance, has been a dominant force in the market. This type of glass not only enhances the aesthetics of devices but also sees increased application in electronic gadgets and smartphones. The Asia-Pacific region leads the global market, with substantial consumption in countries like China, India, and ASEAN nations, fueled by the growing demand for tablets in industrial applications and the introduction of new technologies.
The market's growth is further supported by the increasing production of smartphones, particularly with the rise of 5G technology, which is anticipated to boost the use of scratch resistant glass in this segment. The Indian smartphone market, one of the fastest-growing globally, contributes significantly to this trend. The presence of major producers in the Asia-Pacific region, including companies like AGC Inc. (Asahi Glass), Nippon Electric Glass Co., Ltd., and Saint-Gobain, underscores the region's dominance. Additionally, rising disposable incomes and population growth in countries such as China, Japan, and India are expected to enhance demand in the consumer electronics sector. Government initiatives to boost manufacturing in countries like the Philippines and Indonesia further support market expansion. The demand for portable devices and OLED technology is also anticipated to drive consumption, with the market characterized by fragmentation and competition among key players.
Scratch Resistant Glass Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Drivers
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1.1.1 Increasing Demand from the Smartphone and Tablets Applications
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1.1.2 Growing Elecronic Display Demand
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1.2 Restraints
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1.2.1 High Product Cost
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1.2.2 Other Restraints
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1.3 Industry Value Chain Analysis
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1.4 Porter's Five Force Analysis
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1.4.1 Bargaining Power of Suppliers
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1.4.2 Bargaining Power of Buyers
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1.4.3 Threat of New Entrants
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1.4.4 Threat of Substitute Products
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1.4.5 Degree of Competition
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2. MARKET SEGMENTATION
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2.1 Product Type
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2.1.1 Sapphire Glass
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2.1.2 Chemically Strengthened Glass
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2.2 Application
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2.2.1 Smartphones & Tablets
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2.2.2 Automotive
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2.2.3 Electronics
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2.2.4 Other Applications
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2.3 Geography
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2.3.1 Asia-Pacific
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2.3.1.1 China
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2.3.1.2 India
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2.3.1.3 Japan
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2.3.1.4 South Korea
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2.3.1.5 ASEAN Countries
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2.3.1.6 Rest of Asia-Pacific
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2.3.2 North America
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2.3.2.1 United States
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2.3.2.2 Canada
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2.3.2.3 Mexico
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2.3.3 Europe
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2.3.3.1 Germany
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2.3.3.2 United Kingdom
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2.3.3.3 Italy
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2.3.3.4 France
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2.3.3.5 Rest of Europe
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2.3.4 South America
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2.3.4.1 Brazil
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2.3.4.2 Argentina
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2.3.4.3 Rest of South America
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2.3.5 Middle-East & Africa
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2.3.5.1 Saudi Arabia
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2.3.5.2 South Africa
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2.3.5.3 Rest of Middle-East & Africa
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Scratch Resistant Glass Market Size 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.
