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 |
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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.