Date: Feb 2022
Date: Feb 2022
The Market Statsville Group (MSG) publishes the new report on the "Anti-Fingerprint Coating Market by Technology (Vacuum Deposition, Sol-Gel, and Others), by Application (Consumer Goods, Building and Construction, Automotive, Stainless Steel, and Others), by Region – Global Share and Forecast to 2030". The global anti-fingerprint coating market size is expected to grow from USD 703.8 million in 2021 to USD 1,104.9 million by 2030, at a CAGR of 5.8% during the forecast period. The anti-fingerprint coating is widely used to obtain anti-smudge property. The high demand for smartphones primarily drives the demand for anti-fingerprint coating. These anti-fingerprint coating products improve the screen's visibility, even in bright lights indoors or in sunlight.
Moreover, there is a growing demand for large ultra-HD screen televisions widely used in developed countries and are gaining momentum in developing countries. The anti-fingerprint coating material is widely used, which is expected to boost the coating market in the future. The anti-fingerprint coating on solar photovoltaic cells assists in increasing the absorption of light in the cell.
The overall anti-fingerprint coating market has been segmented into technology, application, and region.
Vacuum Deposition, by technology, is estimated to hold the largest market share during the forecast period
The global anti-fingerprint coating market is segmented into vacuum deposition, sol-gel, and others based on technology. The vacuum deposition segment generated the highest revenue of 78.2% of the global anti-fingerprint coating market in 2021, and it is expected to register a significant CAGR from 2022 to 2030. Various end-user industries, such as consumer goods, automotive, and building and construction, use the vacuum deposition process to deposit a thin layer of coating on the surface of different products. The parts to be coated are kept in a chamber where vapors start diffusing on the part's substrate due to condensation under high pressure.
Compared to the traditional method, the coatings applied by the vacuum deposition process significantly improve wear and corrosion resistance. The process enables the deposition of coating in a vacuum by condensation. Several techniques such as electron beam, ion plating, sputtering, and arc deposition are used to deposition coatings on the metallic and glass surface. The vacuum deposition technology is widely used to produce thin-film coating due to its versatility and positive ecological impact.
The Asia Pacific accounts for the largest market share in the anti-fingerprint coating market in 2021
Based on the regions, the global anti-fingerprint coating market has been segmented across North America, Asia-Pacific, Europe, South America, and the Middle East & Africa. In 2021, North America accounted for the highest market share of 50.1% in the global anti-fingerprint coating market and was anticipated to maintain its dominance throughout the forecast period. Asia-Pacific is a dynamic market for anti-fingerprint coating, which has expanded considerably due to the high growth rate in India and Japan. Product designs and quality for various end-user industries, such as automotive, consumer goods, building and construction, and steel, are being taken to higher levels of sophistication with the help of these coating.
The rapid industrialization and the extensive adoption of anti-fingerprint coating have led to the availability of a low-cost manufacturing structure. The region consists of multiple small and medium businesses (SMBs), transitioning to make innovative changes to achieve optimal efficiency and enhance their product quality. The anti-fingerprint coating market in Asia-Pacific is expected to grow at the fastest rate among all the regions during the forecast period. This potential growth is supported by a large industrial base, effective government policies, and financial support in research and development by governments in Japan, China, South Korea, and Taiwan.
This research report includes an examination of the leading companies' development and marketing strategies, as well as an examination of their product portfolios and winning strategies in the anti-fingerprint coating market. It also consists of the profiles of leading companies such as Essilor International S.A., Cytonix LLC, Izovac Ltd., AGC Inc., Daikin Industries, Ltd., NAGASE & CO., LTD., Harves Co., Ltd., NanoSlic Smart Coatings, Leader Optronics Technology Co. Ltd., Natoco Co., Ltd., NANOKOTE PTY LTD., PPG Industries, Inc., Sumitomo Chemical Co., Ltd., Nippon Paint Surf Chemicals Co., Ltd, and TAIWAN FLUORO TECHNOLOGY CO., LTD.
Browse complete report: https://www.marketstatsville.com/anti-fingerprint-coating-market
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