Global Hard Coating Film market will reach 600 million US$ by the end of 2025

Publisher: QYResearch
Published Date: 2019/8/29

Hard Coating Film shows excellent scratch resistance, good chemical resistance and high lifetime when used under challenging environments.

A hard coat, can be defined as a protective polymer applied to a substrate for abrasion, chemical resistance or other surface characteristics. The thickness of the hard coat typically ranges from about 1μ to about 20μ depending on the polymer and the application technique. Today’s hard coats and the substrates on which they are applied are becoming more end-use specific and in many cases, customer specific. Typically, hard coats are used for protection of surfaces in image display apparatuses such as LCD (liquid crystal displays), touch panels, CRT (cathode ray tubes), PDP (plasma display panels), EL (electrolμinescence displays) and optical disks.

Hard Coating Film industry is relatively concentrated, manufacturers are mostly in the APAC and North America. Among them, Japan output volume accounted for more than 37.40% of the total output volume of global Hard Coating Film in 2017. Tekra is the world leading manufacturer in global Hard Coating Film market with the market share of 12.72%, in terms of revenue, followed by Toray, Kimoto Ltd., HYNT and Gunze Ltd..

With the increasing in Output capacity, expected that the Hard Coating Film raw material price will be stable in the short term. However, the improvement of energy, transportation costs, and labor costs, will play a significant role in promoting the cost of Hard Coating Film.

There are companies adding new capacities and aims at the cost and quality leadership which shall improve profitability. As the same time, companies are focusing on technological innovation, equipment upgrades, and process improvements, to reduce costs and improve quality.

The average price of Hard Coating Film will fall further. The product average price declined in the past few years due to the technology development, the average price will keep this trend in the few future years due to increasing mature manufacturing technology and cost of raw materials.

The Hard Coating Film market was valued at 500 Million US$ in 2017 and is projected to reach 600 Million US$ by 2025, at a CAGR of 2.2% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Hard Coating Film.

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