Scratch-resistant Coating Market Analysis 2020-2027

A scratch-resistant coating or anti-scratch is a film that is applied to optical surfaces such as a lens and photographic film, intended to diminish the scratch effects. It helps to prevent regular scratches, as regular lens are highly prone to scratches. These scratches lead to impaired vision and damages the surface lens. Scratch-resistant coating is safer and durable. In addition, it witnesses increased demand from injection-molded parts, protective goggles, and cosmetics packaging industries, where scratch resistance is needed.

Scope of the report

COVID-19 impact analysis

• The global market for scratch-resistant coating is severely impacted by the outbreak of the COVID-19 pandemic.
• Owing to the outbreak of the COVID-19 pandemic and extended lockdown across the globe, less number of consumers are spending on optical displays, optical lenses, instruments, and cosmetics. This correspondingly decreases the demand for scratch-resistant coatings.
• Furthermore, social distancing norms in various industrial sectors with limited number of workers, highly affected the production for scratch resistant coatings.
• Owing to the lockdown implemented across various countries, national and international transport have been hampered, which has significantly impacted the supply chain of numerous industries across the globe, thereby increasing the supply–demand gap.
• Thus, limited production and reduction in material supply hampered the growth. Most of the firms are utilizing old stocks and delaying lead time for further replenishment, which will negatively impact the market growth in long time period.

Top impacting factors: market scenario analysis, trends, drivers, and impact analysis:

Scratch-resistant coatings are cost-effective and provide resistance to corrosion, which act the key drivers of the global market. They are specifically designed to prevent industrial materials from damage, heat, and pH. The ceramic scratch coating segment is expected to witness significant growth, due to increase in construction activities. In addition, increase in penetration of electronic devices such as smartphones and tablets boosts the demand for scratch-resistant coatings, thereby augmenting the growth of the market. However, the scratch-resistant coatings compounds coatings lead to leakage of chemicals into the environment, which hampers the growth of the global market during the forecast period.

Key segments covered

Key market players

The major players operating in the global scratch resistant coating industry are I. du Pont de Nemours and Company, PPG Industries, Arkema SA, Saint-Gobain, Jotun, Praxair Surface Technologies, Henkel, Sika AG, AkzoNobel, and Sherwin-Williams Company. Expansions, acquisitions, partnerships, and new product are the key developmental strategies adopted by these market players to expand their business in the potential markets. In addition, they have been focusing on strategies such as organic and inorganic growth developments, including contracts and investments.

Key benefits of the report

• This study presents the analytical depiction of the global scratch-resistant coating market industry along with the current trends and market estimation to determine the imminent investment pockets.
• The report represents information related to key drivers, restraints, and opportunities along with detailed analysis of the scratch-resistant coating market share.
• The current market is quantitatively analyzed from 2020 to 2027 to highlight the scratch resistant coating market growth scenario.
• The report provides a detailed global market analysis depending on competitive and how the competition will take shape in coming years.
• This report helps users in comprehending the key product segments and their future.

Questions answered in the global scratch-resistant coating market research report:

• Which are the leading players active in the global scratch-resistant coating market?
• What are the current trends that will influence the market in the next few years?
• What are the driving factors, restraints, and opportunities of the market?
• What should be the response of the scratch-resistant coating market players amid the COVID-19 pandemic?
• What are the projections for the future that would help in taking further strategic steps?
• What is the outlook of the industry?
• What are the emerging key segments in the scratch-resistant coating market?
• What are the major changes and assessments in market dynamics?