Scratch Resistant Glass Market Overview and Strategies:
Scratch resistant glass is a specific form of mineral or sapphire glass, which is largely used in smartphone displays, watch lenses, eyeglasses, and smart gadget displays. The scratch-resistant glass market can be either chemically strengthened glass or sapphire glass. These glasses generally have a chemical coating that helps resist minor scratches, offers drop performance, superior surface quality, high retained strength, resistance to scratch and sharp contact damage, optical clarity, and impact absorbance. The introduction of new display devices with high resolution and an increased screen size is boosting the application of scratch resistant glass as these products require glass equipped with anti-cracking properties.
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The demand for scratch resistant glass is increasing rapidly across the globe, owing to increasing demand for use in electronic display devices and smartphones wherein the market is expected to witness high growth owing to a substantial increase in the various shipments and sales of smartphones. An increasing adoption of advanced technology by smartphone manufacturers is expected to act as a major driver for market growth as well. The smartphone industry is strongly driven by many developing economies such as India, China, and South Korea owing to the increasing disposable incomes and changing lifestyles.
Scratch Resistant Glass Market Segmentation:
Smartphones & tablets are projected to be the largest segment of the scratch-resistant glass market in 2017. The ever-growing demand for sapphire glass and gorilla glass in display applications is expected to drive market growth over the forecast period. The Increase in demand for laptops and smartphones is further expected to fuel the scratch resistant glass market during the forecast period.
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Scratch Resistant Glass Market Regional Outlook:
North America accounts for a decent market share owing to rise in start-ups that are involved in the manufacturing of sustainable lighting solutions and connected devices under the Internet of things (IoT) product category. Asia Pacific is also a major market for scratch-resistant glass across the world, with the major contribution to the demand being from China. The growing adoption of scratch resistant glass in automotive and electronics applications is expected to further drive the growth of the market in the region.
Some of the key players operating in the global scratch resistant glass market: Asahi India Glass Limited, Corning Incorporated, Nippon Electric Glass Co., Ltd, Monocrystal, Guardian Industries, KYOCERA Corporation, and Schott AG.
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