Market Size – USD 3,427.7 Million in 2019, Market Growth – CAGR of 14.3%, Market trends – Growing demand from the medical and consumer goods industry
The global Anti-Fingerprint Coatings Market is forecasted to be worth USD 1,297.8 Million by 2027, according to a current analysis by Emergen Research. The market for anti-fingerprint coatings is witnessing an increased demand from consumer goods, automotive, building and construction, and solar panels, among others.
Growth in the healthcare sector and a rise in investment in medical instruments and equipment will drive the demand for anti-fingerprint coatings. This type of Coating enhances the readability of display screens under difficult angles and bright-lit settings. The market is witnessing high demand due to the need to enhance visibility and aesthetic appeal. The application of consumer goods such as tablets, smartphones, and wearable, have become crucial in the current age. To avoid fingerprints on the surface of the touch screen, anti-fingerprint coatings are applied.
The rising need for the coating in ceramic sanitary ware for consumer hygiene, rapid urbanization, and an increase in disposable income are some of the factors that will drive the demand for the market. Growth in the automotive industry all over the world also had a positive impact on market demand as most of the vehicle manufacturers are using an anti-fingerprint coating to improve the overall look of the vehicle.
Regional Scope- North America; Europe; Asia Pacific; Central & South America; MEA
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Key Highlights From The Report
In October 2020, Vivo launched its Vivo V20 SE model, which comes with an anti-fingerprint vacuum coating. The product has an anti-glare, matte glass, and a waterdrop notch.
Hydrophobic Coating is used to repel water. This type of Coating is advantageous as it includes self-cleanability, decreased dirt retention, improved corrosion and moisture resistance, and also provides extended life expectancy.
The demand for anti-fingerprint coatings is driven by a growing demand for smartphones, which are being used several times a day. These coatings enhance the visibility of the screen. The segment for consumer goods is forecasted to grow with a CAGR of 7.2% during the forecast period.
The anti-fingerprint market in the APAC region is anticipated to grow at the fastest rate in the forecast period. This is due to the growing automotive and building & construction industries. The region also has a large production base for electronics products and robust growth in the manufacture of solar panels.
Key participants include AGC Inc., Cytonix, LLC, Essilor International S.A., Daikin Industries, Ltd., Izovac Ltd., Harves Co., Ltd., NAGASE & Co., Ltd., Leader Optronics Technology Co. Ltd., Nanoslic Protective Ceramic Coatings, and PPG Industries, Inc., among others.
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Type Outlook (Revenue, USD Billion; 2017-2027)
Hydrophobic Coating
Oleophobic Coating
Technology Outlook (Revenue, USD Billion; 2017-2027)
Vacuum Deposition
Sol Gel
Others
Application Outlook (Revenue, USD Billion; 2017-2027)
Consumer Goods
Smartphones
Laptops and Tablets
Television
Wearables
Others
Building & Construction
Architectural Glass
Ceramic Sanitary ware
Automotive
Solar Panels
Others
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