Press Release

GLOBAL SCRATCH RESISTANT GLASS MARKET PROJECTED TO GROW AT A CAGR OF 7.90% FROM 2019 TO 2024 – AXIOM MRC

The global scratch resistant glass market was valued at USD 4.2 billion in 2017, growing at a CAGR of 7.90% from 2019 to 2024. The global market is estimated and forecasted in terms of revenue (USD billion) generated by the scratch resistant glass market.

Jul 5, 2018: Axiom Market Research & Consulting™ added a report on global scratch resistant glass market. The global scratch resistant glass market was valued at USD 4.2 billion in 2017, growing at a CAGR of 7.90% for the forecast period 2019 to 2024. The global market is estimated and forecasted in terms of revenue (USD billion) generated by the scratch resistant glass market.

The global scratch resistant glass market is segmented based on application and geography. The major application segments of the scratch resistant glass market are smartphones, tablets, LCD/LED and automotive. LCD/LED accounted for largest application segment accounting for more than 40% of market share in 2017. The new product introduction in large display category is projected to increase the implementation of scratch resistant glass in this application segment.

The global market is studied for the key regions such as, North America, Europe, Asia Pacific and Rest of the world. The North American region is projected to dominate the scratch resistant glass market by 2024. Moreover, the Asia-Pacific region is expected to be the fastest-growing market during the forecast period, since the demand from the electronic goods is projected to increase in the coming years.

The global scratch resistant glass market is driven by factors such as increase in demand for semiconductors and electronic products, and rising demand for smart phone manufacturing.

The leading players of the global scratch resistant glass market are Asahi Glass, Corning Glass, Nippon Electric Glass, Guardian, Kyocera, Schott Glass, Rayotek, Rubicon Technology, Crystalwise Technology, Crystran, Saint-Gobain, and Swiss Jewel among others.

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