Electronics Industry Contributing to Growth for Scratch-Resistant Glass
Chemically strengthened glass provides benefits such as high scratch resistance, better optical clarity, and improved impact absorbance.
The scratch-resistant glass market is estimated to have reached $1.85 billion in 2017 and is projected to grow to $2.85 billion by 2022, expanding at a compound annual growth rate (CAGR) of 9.1%, according to a report available from Research and Markets. The major factor driving the growth of the market is the increasing demand for scratch-resistant glass for smartphones and tablets. However, the high cost of scratch-resistant glass is restraining growth in other application areas in the construction and infrastructure industry.
Chemically strengthened glass provides benefits such as high scratch resistance, better optical clarity, and improved impact absorbance. Chemically strengthened glass also helps in increasing the aesthetics of electronic devices and is used in a large number of smartphone brands and electronic gadgets. Asia-Pacific is expected to be the fastest-growing market for scratch-resistant glass during the forecast period, with China leading the market in 2016.
For more information, visit www.researchandmarkets.com.