San Francisco, 11 December 2018: The global scratch resistant glass market is
expected to reach USD 8.17 billion by 2025, according to a new report by Grand
View Research, Inc. The growing sales for premium smartphones coupled with
growing concerns regarding screen strength is expected to drive market growth.
The demand for scratch resistant glass is
the highest LCD/LED manufacturing. The growing demand for sapphire glass and
gorilla glass in display applications is expected to drive market growth over
the forecast period. The introduction of new display devices with high
resolution and 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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| Scratch Resistant Glass Market |
North America accounted for the maximum
market share owing to rise in startups involved in the manufacturing of
sustainable lighting solutions and connected devices under the Internet of
things (IoT) product category. The growing demand for OLED’s and wearables is
expected to further augment the consumption of scratch resistant glass over the
forecast period. Asia Pacific market is expected to grow rapidly over the
forecast period owing to rising demand for budget smartphones.
Access
Research Report of Scratch Resistant Glass Market @ www.grandviewresearch.com/industry-analysis/scratch-resistant-glass-market
Further key findings from the report suggest:
· Smartphone application segment is
anticipated to grow at a CAGR of 10.8% from 2017 to 2025 owing to increasing
demand for smartphones with high screen toughness.
· Automotive application segment is projected
to grow at a CAGR of 9.9% from 2017 to 2025 owing to research on in car
infotainment and improving the passenger safety.
· Asia Pacific market share is expected to
reach over 30% in 2025 owing to rise in local demand backed by growing
smartphone manufacturing activity in the region.
· Middle East & Africa is projected to
grow at a CAGR of 8.1% from 2017 to 2025 owing to growing demand for
smartphones and LED lighting solutions.
· The market players are engaged in research
on developing technologies for the manufacturing of products at an affordable
price as consumers still prefer screen protector films.
Browse more reports of this category by Grand View
Research at: www.grandviewresearch.com/industry/specialty-glass-ceramic-and-fiber
Grand View Research has segmented the
global scratch resistant glass market on the basis of application and region:
Application Outlook (Volume, Million Square
Meters; Revenue, USD Million, 2014 - 2025)
·
Smartphones
·
Tablets
·
LCD/LED
·
Automotive
·
Others
Regional Outlook (Volume, Million Square
Meters; Revenue, USD Million, 2014 - 2025)
·
North America
·
Europe
·
Asia Pacific
·
Central & South Africa
·
Middle East & Africa
Access Press Release of
Scratch Resistant Glass Market@ www.grandviewresearch.com/press-release/global-scratch-resistant-glass-market
About
Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco.
The company provides syndicated research reports, customized research reports, and consulting services. To help
clients make informed business decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
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