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Scratch-resistant Coating Market: Global Opportunity Analysis and Industry Forecast, 2020–2027
| A07695 | Pages: NA | Feb 2021 | 171 Views | | |
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COVID-19
Pandemic disrupted the entire world and affected many industries.
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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
Report Metric | Details |
Market size available for years | 2020–2027 |
Base year considered | 2019 |
Forecast period | 2020–2027 |
Forecast units | Value (USD) and Volume (Ton) |
Segments covered | Product, Application, End user, and Region |
Regions covered | North America (U.S. and Canada), Europe (Germany, UK, France, and the Rest of Europe), Asia-Pacific (China, Japan, India, and the Rest of Asia-Pacific), Latin America (Brazil, Mexico, and the Rest of LATAM), and the Middle East & Africa |
Companies covered | I. du Pont de Nemours and Company, PPG Industries, Arkema SA, Saint-Gobain, Jotun, Praxair Surface technologies, Henkel, Sika AG, Azko Nobel, and Sherwin-Williams Company |
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
Segment | Subsegment |
By Product |
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By Application |
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By End user |
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By Region |
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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?
We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:
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With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.
Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, web-casts and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast
Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:
- Validates and improves the data quality and strengthens research proceeds
- Further develops analyst team’s market understanding and expertise
- Supplies authentic information about market size, share, growth and forecasts
Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:
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- Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)
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AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
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