Market Forecast By Product Type (Chemically-Strengthened Glass, Sapphire Glass), By Application (Smartphones & Tablets, Automotive, Interior Architecture, Electronics) And Competitive Landscape
Product Code: ETC4497699 | Publication Date: Jul 2023 | Updated Date: Aug 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
Turkey Scratch-Resistant Glass Market report thoroughly covers the market by Product Type, Application, and provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Turkey Scratch-Resistant Glass Market is poised for substantial growth, driven by the increasing demand for durable glass solutions in various applications. Rising consumer electronics usage, especially smartphones and tablets, is a major factor contributing to this growth.
According to 6Wresearch, the market is anticipated to expand at a CAGR of 6.3% during the period of 2024-2030. This upward trend is largely due to the growing emphasis on product longevity and aesthetic appeal, which has led to higher adoption of scratch-resistant glass in numerous sectors, including automotive and interior architecture.
In addition, the Turkish governmentโs support for technological advancements and the burgeoning automotive industry are key drivers. However, the market faces challenges such as high production costs and stringent regulatory requirements. These factors could potentially hinder the pace of market growth, particularly in cost-sensitive regions.
Key players in the Turkey Scratch-Resistant Glass Market include Corning Incorporated, Asahi Glass Co., Ltd., and Nippon Electric Glass Co., Ltd. Corning Incorporated, known for its Gorilla Glass, dominates the market with innovative solutions for consumer electronics. Asahi Glass Co., Ltd. offers a wide range of scratch-resistant glass products catering to both automotive and electronics industries. Nippon Electric Glass Co., Ltd. provides advanced glass materials, reinforcing its strong market presence.
The Turkish government has been proactive in promoting the use of advanced materials and technologies to enhance product quality and sustainability. Initiatives aimed at boosting the automotive sector and increasing the production of high-tech electronics have indirectly spurred demand for scratch-resistant glass. The government's focus on reducing imports by encouraging local production of high-quality glass has further propelled market growth. Additionally, efforts to improve the technological capabilities within the country have led to increased R&D activities, fostering innovation in the scratch-resistant glass sector.
The future of the Turkey Scratch-Resistant Glass Market looks promising, with continuous growth expected due to increasing investments in consumer electronics and automotive sectors. The government's target to enhance local manufacturing capabilities will likely result in more domestic production of scratch-resistant glass. Technological advancements, such as the development of stronger and more resilient glass materials, are anticipated to drive market expansion. Moreover, the growing trend of integrating advanced glass solutions in interior architecture will also contribute to market growth. Overall, the market is set to flourish with a focus on sustainable and innovative glass products.
According to Ravi Bhandari, Research Head, 6Wresearch, the chemically-strengthened glass sector is currently leading and dominating the market. This can be attributed to its extensive use in smartphones and tablets, which are in high demand.
In terms of applications, smartphones and tablets are the most prominent users of scratch-resistant glass in Turkey. The rising demand for durable and aesthetically pleasing electronic devices drives this segment.
The report provides a detailed analysis of the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Turkey Scratch-Resistant Glass Market Overview |
3.1 Turkey Country Macro Economic Indicators |
3.2 Turkey Scratch-Resistant Glass Market Revenues & Volume, 2020 & 2030F |
3.3 Turkey Scratch-Resistant Glass Market - Industry Life Cycle |
3.4 Turkey Scratch-Resistant Glass Market - Porter's Five Forces |
3.5 Turkey Scratch-Resistant Glass Market Revenues & Volume Share, By Product Type, 2020 & 2030F |
3.6 Turkey Scratch-Resistant Glass Market Revenues & Volume Share, By Application, 2020 & 2030F |
4 Turkey Scratch-Resistant Glass Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Turkey Scratch-Resistant Glass Market Trends |
6 Turkey Scratch-Resistant Glass Market, By Types |
6.1 Turkey Scratch-Resistant Glass Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Turkey Scratch-Resistant Glass Market Revenues & Volume, By Product Type, 2020 - 2030F |
6.1.3 Turkey Scratch-Resistant Glass Market Revenues & Volume, By Chemically-Strengthened Glass, 2020 - 2030F |
6.1.4 Turkey Scratch-Resistant Glass Market Revenues & Volume, By Sapphire Glass, 2020 - 2030F |
6.2 Turkey Scratch-Resistant Glass Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Turkey Scratch-Resistant Glass Market Revenues & Volume, By Smartphones & Tablets, 2020 - 2030F |
6.2.3 Turkey Scratch-Resistant Glass Market Revenues & Volume, By Automotive, 2020 - 2030F |
6.2.4 Turkey Scratch-Resistant Glass Market Revenues & Volume, By Interior Architecture, 2020 - 2030F |
6.2.5 Turkey Scratch-Resistant Glass Market Revenues & Volume, By Electronics, 2020 - 2030F |
7 Turkey Scratch-Resistant Glass Market Import-Export Trade Statistics |
7.1 Turkey Scratch-Resistant Glass Market Export to Major Countries |
7.2 Turkey Scratch-Resistant Glass Market Imports from Major Countries |
8 Turkey Scratch-Resistant Glass Market Key Performance Indicators |
9 Turkey Scratch-Resistant Glass Market - Opportunity Assessment |
9.1 Turkey Scratch-Resistant Glass Market Opportunity Assessment, By Product Type, 2020 & 2030F |
9.2 Turkey Scratch-Resistant Glass Market Opportunity Assessment, By Application, 2020 & 2030F |
10 Turkey Scratch-Resistant Glass Market - Competitive Landscape |
10.1 Turkey Scratch-Resistant Glass Market Revenue Share, By Companies, 2023 |
10.2 Turkey Scratch-Resistant Glass Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |