The global Scratch Resistant Glass Sheets Market is forecast to reach USD 4,896.8 Million by 2028, according to a new report by Reports and Data. The market is rising rapidly as the demand for Scratch Resistant Glass Sheets is getting higher in the smartphone industries. The revolutionary growth in the smartphone industries directly propels the scratch-resistant market. These protective glasses have been trendy and add to the value of the midrange and flagship smartphones. Having paid a premium price for the flagships, the consumers cannot afford an aftermarket screen replacement if the devices get scratches. This way, these kind of glasses are highly in demand by the consumer side of the smartphone tablet industries. The Asia Pacific region is forecasted to generate the highest revenue of USD 4.13 Billion in the year 2026, owing to its record increasing sales in the mid-range and premium smartphones in the developing economies such as India and Bangladesh.
The global Scratch Resistant Glass Sheets market research report provides a brief overview inclusive of competitive landscape and key developments in the market. It provides an extensive study analysis of the strategic alliances such as mergers and acquisitions, joint ventures, collaborations, product launches and brand promotions, corporate deals and partnerships, among others. It also offers insights into company overview, financial standing, business expansion plans, and revenue growth of each company. It also sheds light on product advancement, technological developments, and research and development activities.
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Key participants include Corning Incorporated, SCHOTT AG, AGC Inc., Nippon Electric Glass Co., Ltd., Edmund Optics, Crystalwise Technology, Rubicon Technology Inc., Precision Sapphire Technologies, Ltd., KYOCERA Corporation, and Monocrystal.
Further key findings from the report suggest:
- Smartphone tablets market had a market share of 28.6% throughout the forecast period. Smartphone tablet have the highest amount of usage of the Scratch Resistant Glass Sheetses as these devices are used as the daily drivers and have more chances to get scratches. The midrange lineups of smartphones are propelling the market.
- Heads-up displays, dashboards, mirror glasses, windshields, and sunroof, among others, are made by the Scratch Resistant Glass Sheetses. The goggles, space helmets, cockpit instruments, canopies, and windows in the aviation also have the usage of these glasses. The segment had a market revenue of USD 0.37 Billion in 2018. The CAGR is calculated to be 10.2% in the period 2019 - 2026.
- Because of the harsh environments, while sailing, most often the marine glasses are damaged. The discoloration due to water exposure, moisture absorption in the interlayer, and scratches from ice and salt in the oceans are some of its severe damages. The maritime industry observes a growth rate of 8.8% during the forecast period and will achieve a market share of 11.0% by 2026.
- The chemically strengthened glass is manufactured by the surface finishing process, which also combines different minerals to form a strong scratch resistance glass. This segment has the highest market share of 77.4% in 2018 and would grow at a CAGR of 7.9% in the forecast period.
- Above 8.5 includes diamonds and sapphires, which are some of the hardest materials available on earth. Sapphire glass falls under this segment and supposedly the strongest Scratch Resistant Glass Sheets available by now. Above 8.5 segment had a market share of 29.5%, being the most expensive solution in the market.
- North America is accounted to gain 30.1% of market possession by 2026 with a CAGR of 10.3% in the forecast period.
- Europe is forecasted to witness a significant growth in the overall market, with 19.7% of market possession by 2026 and CAGR of 9.1% during the forecast period.
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Key Questions Addressed in the Report:
- What is the expected revenue growth rate the global Scratch Resistant Glass Sheets market is expected to register during the forecast period?
- What are the key growth driving factors of Scratch Resistant Glass Sheets market?
- Who are the leading players in the market?
- What are the key outcomes of SWOT analysis and Porter’s Five Forces analysis?
- Which region is expected to account for the largest market share in the global Scratch Resistant Glass Sheets
Regional analysis covers study of the market in key geographical regions of the world including North America, Europe, Asia Pacific, Latin America, and Middle East Africa. The report further predicts the regions expected to account for the largest revenue share in the forecast period and the CAGR for the forecast period. The section further discusses in detail the production and consumption ratio, supply and demand, export and import, consumer demand and behavior, and presence of key players in each region. The section further offers a country-wise analysis to provide deeper insights into the global market.
An extensive analysis of the global market is included in the report which covers different factors from region-centric key statistical data to macro- and micro-economic factors that are crucial for forecast assessment. The study also offers a comprehensive analysis of the growth prospects, patents, technological advancements, and product launches in the market.
Type Outlook (Revenue, USD Billion; 2018-2028)
- Chemically Strengthened Glass
- Synthetic Sapphire
Applications Outlook (Revenue, USD Billion; 2018-2028)
- Display Screens
- Electronic Gadgets Body
- Automotive Interior Exterior
- Building Facade Interior Architecture
- Aviation Marine Interior Exterior
- Optical Components
- Camera Lenses
Hardness Scale Outlook (Revenue, USD Billion; 2018-2028)
- 1 to 7
- 7 to 8.5
- Above 8.5
End-Use Industries Outlook (Revenue, USD Billion; 2018-2028)
- Smartphone Tablets
- Consumer Goods Electronics
- Automotive Aerospace
- Building Construction
- Maritime Industry
- Home Décor
Regional Outlook (Revenue, USD Billion; 2018-2028)
- North America
- Asia Pacific
- Latin America
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Key Points Addressed in the Report:
- A detailed analysis of the global Scratch Resistant Glass Sheets market through assessment of key market aspects such as technology, product type, application, end-use, and overall industry dynamics.
- Qualitative and quantitative analysis of the market estimation and CAGR calculation for the forecast period.
- All-inclusive assessment of market dynamics with emphasis on drivers, restraints, opportunities, and limitations.
- Extensive profiling of key companies operating in the market including company overview, financial standing, product offerings, product portfolio, recent product and technological advancement, and business expansion plans.
Thank you for reading this article. You can also get chapter-wise sections or region-wise report coverage for North America, Europe, Asia Pacific, Latin America, and Middle East Africa.
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