The Scratch-resistant Glass and Coating Market for Consumer Electronics is being driven by Growing demand for electronic display
The Scratch-resistant Glass and Coating Market for Consumer Electronics is expected to grow at a CAGR of 10.48% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 2.60 billion. The global scratch-resistant glass and coating market for consumer electronics is experiencing significant growth due to advancements in glass and coating technologies. These innovations have resulted in the development of superior protection solutions for electronic device screens, offering enhanced scratch resistance, optical clarity, and durability. Notable advancements include the evolution of strengthened glass materials, such as chemically strengthened glass and sapphire glass. Corning Inc.'s Gorilla Glass is a prime example of this technology's progress, providing increased scratch resistance and overall toughness without compromising design or functionality. This has enabled consumer electronics manufacturers to offer superior screen protection, shaping the industry landscape in profound ways.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
184 |
Base year |
2023 |
Historic period |
2018-2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 10.48% |
Market growth 2024-2028 |
USD 2.60 billion |
Market structure |
market_structure.ucfirst |
YoY growth 2023-2024(%) |
9.47 |
Key countries |
US, China, Japan, Germany, and UK |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Scratch-resistant Glass and Coating Market encompasses various applications, including scientific instruments, building facades, luxury vehicles, medical devices, and consumer electronics such as windows, laptops, furniture, and phones. This market prioritizes glass with superior resistance, clarity, and durability for these industries. Glass for electronics in military applications, aerospace, solar panels, and optical instruments requires long-lasting, UV resistant, and high strength materials. Innovative materials like next-generation, impact resistant, lightweight, and eco-friendly options, as well as protective coatings, are essential for enhancing glass aesthetics, glass strength, glass impact tolerance, and glass longevity in artistic, construction, and wearable technology contexts. Material engineering and advanced materials play a crucial role in creating weatherproof, advanced, and protective glass surfaces for various industries.
The Scratch-resistant Glass and Coating Market for Consumer Electronics is a significant segment of the global Specialty Chemicals Market, as identified by Technavio. This market encompasses manufacturers of high-value-added chemicals utilized in the production of various products, such as fine chemicals, additives, advanced polymers, adhesives, sealants, specialty paints, pigments, and coatings. The Specialty Chemicals Market's expansion will be fueled by the increasing demand for specialty adhesives and sealants, which are extensively used in the manufacturing of consumer electronics, including screen sizes for tablets and eyewear, as well as windows and other applications. This trend is expected to significantly contribute to the market's growth throughout the forecast period.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
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