|
Forecast Period
|
2025-2029
|
|
Market Size (2023)
|
USD 559 Million
|
|
Market Size (2029)
|
USD 1009.70 Million
|
|
CAGR (2024-2029)
|
10.21%
|
|
Fastest Growing Segment
|
Automotive
|
|
Largest Market
|
West India
|
India Scratch-Resistant
Glass market is expected to increase during the forecast period, owing to the rising
demand for scratch-resistant glass in consumer electronics, automotive, and
other type of applications.
Scratch-Resistant
Glass is a type of glass which is less susceptible to scratches than
conventional glass. With the use of technology, the glass is improved with a
diamond-like layer on one side and that offers several advantages such as less
prone to scratches, increase hardness etc. Moreover, scratch-resistant glass is
widely used in applications including kitchen and bathroom, furniture design,
shop and laboratory fittings, partition walls, sliding doors, interior glass
doors, interior glass doors, wall panels, lifts, balustrades, etc.
Increasing Penetration of Smartphones:
India’s economy is boosting due to the
increasing smartphone usage, internet penetration and social media usage. The rapidly
rising smartphone industry in India creates huge sales and production of
high-quality smartphones and the growing preference of individuals towards the
highly products and beneficial specifications, which will create the ample
opportunities for the growth of market because smartphones are susceptible to
scratches, which reduces the overall look after being damaged and scratched.
This will help manufacturers in delivering a better user experience since the
consumers do not have to expend on aftermarket repair services.
Rising
Government Incentive is Stimulating the Green Building Projects
Constructors are using scratch-resistant glasses
such as clear glass as a major component in the construction of green
buildings, as clear glass is known to be an excellent green material. Clean
windows reflect heat or UV rays to maintain an optimal temperature inside the
building. Clean glass in buildings also substantially reduce the need for
artificial lighting and allows daylight to make the interiors airy and more
open. There is a significant upsurge in green building project investments. For
instance, the Indian Green Building Council (IGBC) is collaboratively working
with various state and central government agencies to promote green building
movement across the country by giving loans to IGBC-rated green building
projects. In addition to this, in 2017 the Small Industries Development Bank of
India (SIDBI) is introduced which will provide financial support at lower rates
to all IGBC-rated green construction projects in the MSME sector. The Indian
Green Building Council (IGBC) predicts that by 2025, India will have 100,000
green buildings. Thus, government incentives are boosting green building
projects across the country and the construction of energy-efficient green
buildings will increase in the coming years, driving the scratch-resistant glass
market.
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Growing Use of Application in Consumer
Electronics
Growing applications of scratch-resistant
glass in consumer electronic devices such as smartphones, laptops/computers,
etc. has increased significantly during COVID-19 pandemic as people favour to
work online from their place of residence, thus increasing the demand for
screens with scratch-resistant glass. Moreover, the country is experiencing
high demand for scratch-resistant glass, owing to the increasing construction
activities including smart housing projects and expanding demand for smart
consumer electronics.
High Demand from Interior Architecture
Over the past decade, architectural and
interior designing developments have grown at a swift pace due to which, the
functionality of glass as a raw material for buildings has changed significantly.
In the current development, the adoption of scratch-resistant glass has seen
considerable growth and has emerged as one of the core materials that is
largely popular among designers and architects. Technological advancements have
played an essential role in enhancing the robustness and stability of scratch-resistant
glasses, such as decorative glass, due to which the demand for scratch-resistant
glass has witnessed exponential growth over the past few years. This factor is
expected to boost the scratch-resistant glass market during the assessment
period. Moreover, increasing prominence on transformation by Indian government,
surge in the number of smart cities and smart home projects, and advancements
in technology are some of the major factors driving the demand for scratch-resistant
glass. In addition, various advantages offered by scratch-resistant glass such
as transparency and clean is expected to propel the sales of scratch-resistant
glass across the country.
Market Segments
India Scratch-Resistant
Glass Market is segmented by product type, by application,
and by region. Based on product type, the market is segmented into chemically
strengthened glass and sapphire glass. Based on application, the market is
segmented into automotive, interior architecture, smartphones & tablets,
consumer electronics and others. Based on region, the market is segmented into North
India, South India, East India, West India.
Market Players
India Scratch-Resistant Glass
Market players include Asahi India Glass
Limited., Borosil Renewables Ltd., Saint-Gobain Sekurit India Ltd, La Opala RG
Ltd, FUSO Glass India Pvt Ltd, Glass Wall Systems India Pvt Ltd, Gold Plus
Glass Industry Ltd, Sisecam Flat Glass India Pvt Ltd., SCHOTT Glass India Pvt
Ltd, Zenith Safety Glass Co.
|
Attribute
|
Details
|
|
Base Year
|
2023
|
|
Historic Data
|
2019
– 2022
|
|
Estimated Year
|
2024
|
|
Forecast Period
|
2025
– 2029
|
|
Quantitative Units
|
Revenue in USD Million and CAGR for 2019-2023 and 2024-2029
|
|
Report coverage
|
Revenue
forecast, company share, growth factors, and trends
|
|
Segments covered
|
By Product Type
By Application
By Region
|
|
Regional Scope
|
North
India, South India, East India, West India
|
|
Key companies profiled
|
Asahi India Glass Limited., Borosil Renewables Ltd.,
Saint-Gobain Sekurit India Ltd, La Opala RG Ltd, FUSO Glass India Pvt Ltd,
Glass Wall Systems India Pvt Ltd, Gold Plus Glass Industry Ltd, Sisecam Flat
Glass India Pvt Ltd., SCHOTT Glass India Pvt Ltd, Zenith Safety Glass Co.
|
|
Customization scope
|
10%
free report customization with purchase. Addition or alteration to country, regional
& segment scope.
|
|
Pricing and purchase options
|
Avail customized purchase options to meet your exact research needs.
Explore purchase options
|
|
Delivery Format
|
PDF
and Excel through Email (We can also provide the editable version of the report
in PPT/Word format on special request)
|
Report Scope:
In this report, India Scratch-Resistant Glass Market has been
segmented into following categories, in addition to the industry trends which have
also been detailed below:
- India Scratch-Resistant Glass Market,
By Product Type:
- Chemically Strengthened Glass
- Sapphire Glass
- India Scratch-Resistant Glass
Market, By Application:
- Automotive
- Interior Architecture
- Smartphones & Tablets
- Consumer Electronics
- Others
- India Scratch-Resistant Glass Market, By Region:
- North India
- South India
- East India
- West India
Competitive Landscape
Company
Profiles: Detailed
analysis of the major companies present in India Scratch-Resistant Glass Market.
Available Customizations:
India Scratch-Resistant Glass Market with the
given market data, Tech Sci Research offers customizations according to a company’s
specific needs. The following customization options are available for the report:
Company Information
·
Detailed
analysis and profiling of additional market players (up to five).
India Scratch-Resistant Glass Market is an upcoming report to be released soon. If you wish an early delivery
of this report or want to confirm the date of release, please contact us at [email protected]