The global hard coating film market is predicted to post a sluggish CAGR of 1.66% during the forecast period 2018-2023. In 2018, the global hard coating film market secured a valuation of US$ 529.44 Mn and is projected to reach a US$ 574.87 Mn by the end of 2023.
In terms of volume, the global hard coating film market could expand from a 262,621.4 K Sq.m touched in 2017 to a 321,156.0 K Sq.m by the end of 2023. Despite the weak economic environment, the market has shown positive performance. In 2016, it earned a US$ 486.70 Mn and managed to reach US$ 502.67 Mn in 2017, improving its revenue by a 3.28%.
Global Hard Coating Film Market: Dynamics
In the short term, raw material prices are expected to attain stability as output capacity increases. Nevertheless, the cost of products offered in the global hard coating film market could be promoted by the improvement in labor expenses and transportation and energy costs. The average pricing of products offered in the global hard coating film market is predicted to fall further.
Global Hard Coating Film Market: Forecast by Application and Type
In relation to application, the global hard coating film market is classified into touchscreen, display, membrane switches, and others. By product type, the global hard coating film market is categorized into hardcoated polyester film, hardcoated polycarbonate film, and others. The authors of the report have broadly assessed each and every segment of the global hard coating film market and how they could achieve growth in the coming years.
Global Hard Coating Film Market: Forecast by Region
North America and Asia Pacific witness strong presence of hard coating film manufacturers. Among Asia Pacific countries, Japan is expected to become a prominent market for hard coating film. In 2017, it contributed an over 37.40% of the global hard coating film market’s total output volume.
The research analysts have provided a detailed study on the market share, growth opportunity, consumption, top consumers and producers, and other aspects of the country-wise and regional markets, viz. India, China, Southeast Asia, Japan, Europe, and North America included in the report.
Global Hard Coating Film Market: Competitive Analysis
Vendors operating in the global hard coating film market are currently concentrating on quality improvement, cost reduction, process enhancement, equipment upgrades, and technological innovation. In order to improve their profitability, they are looking to achieve quality and cost leadership in the global hard coating film market. At the same time, they are adding new capacities.
The global hard coating film market is a relatively concentrated one. Followed by Gunze Ltd., HYNT, Kimoto Ltd., and Toray, Tekra leads the hard coating film manufacturing business at the global level. It holds a revenue share of 12.72%.
Other prominent players profiled in the report are Chiefway Technology, Meihan Shinku Kogyo (MSK), Lintec Corporation, Arisawa Mfg, Vampire Coating, SKC Films, and KOLON Industries.
Full Report Overview@https://www.qyresearch.com/index/detail/347441/global-hard-coating-film-market