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The Anti Fingerprint Coatings Market size was USD 1.28 Billion in 2023. The COVID-19 pandemic has posed challenges to the Anti-Fingerprint Coatings Market, leading to restrictions in growth. Companies, especially key players in China and the Asia-Pacific regions, experienced significant disruptions during the initial waves of the pandemic. Strict lockdown measures impacted manufacturing and development activities as companies prioritized employee safety.
According to a new report by IMIR Market Research on Anti Fingerprint Coatings Market is projected to grow at a CAGR of 6.3%, from USD 1.36 Billion in 2024 to USD 2.21 Billion in 2032. The sudden rise in CAGR is attributed to this market growth returning to the pre-pandemic level once the pandemic is over.
The Anti Fingerprint Coatings market research report comprises a thorough examination of the current and future scenario of this industry vertical. The research highlights major trends and opportunities, as well as challenges, for various segments and sub-segments, while broadening the company horizon. The study report also includes extensive information based on past and present patterns across several industry verticals to help find various expansion prospects. Throughout the forecast period, several estimations regarding market share, market size, and industry growth rate are presented. The research includes information on competitive analysis as well as consumption habits and pricing strategies depending on the Anti Fingerprint Coatings market.
Anti-fingerprint coatings play a crucial role in preventing fingerprints on surfaces such as metal, wood, glass, and other materials. The growing construction of glass buildings in both developed and developing regions has led to an increased demand for these coatings, enhancing the visual appeal of structures. Applied to various surfaces like metals, plastics, and glass, these coatings repel oils, grease, and contaminants, reducing the visibility of fingerprints and enhancing cleaning ease. The market's growth is fueled by the rising demand for display-based consumer electronics, heightened awareness about advanced surface technologies, and increased technology integration in vehicles. The scope of the anti-fingerprint coatings market encompasses a range of applications across surfaces like metal, wood, glass, and other materials. These coatings are designed to prevent the appearance of fingerprints, providing aesthetic benefits and ease of cleaning. The market finds significant demand in the construction sector, especially in the construction of glass buildings where maintaining a pristine appearance is crucial. For instance,
The shifting landscape of global economic activities has led to dynamic changes in consumer demand, particularly in developing and developed urban areas worldwide. The United Nations predicts a surge in the world's population from 7.8 billion in 2020 to approximately 9.9 billion by 2050, with around 90% of this growth expected in emerging economies like China, India, Brazil, South Korea, and South Africa. As the high middle-class population rises in these economies, significant urban development is anticipated, fostering increased demand for consumer goods such as tablets, smartphones, televisions, and wearable technology.
The application of anti-fingerprint coating in consumer goods serves to maintain product cleanliness and prevent fingerprint marks. The hydrophilic and hydrophobic properties of these coatings contribute to reducing fingerprint visibility, enhancing the visual appeal for consumers. These factors collectively drive the global anti-fingerprint coating market during the forecast period.
The technology industry has been characterized by constant innovation, with companies regularly introducing new and enhanced products. Innovations in artificial intelligence, the Internet of Things (IoT), augmented reality, and virtual reality have led to the creation of more advanced and feature-rich devices. The proliferation of smart devices, such as smartphones, smartwatches, smart home devices, and other connected gadgets, has emerged as a significant driver for the anti-fingerprint coating market. Consumers increasingly prioritize products that offer both aesthetic appeal and protective features, including resistance to scratches and fingerprints. The growing preference for larger display sizes has further fueled the demand for anti-fingerprint coatings. Companies are extending their offerings to provide displays for various consumer appliances, enhancing connectivity.
The global expansion of mobile technology has been rapid, with over 65% of the world's population owning mobile devices, and more than half of these connections being smartphones. However, the growth of mobile technology has exhibited variations among nations and their populations. Advanced economies show a higher prevalence of cell phone ownership, especially smartphones, and greater engagement in internet use and social media compared to emerging economies. The rising purchasing power in emerging economies is contributing to increased spending on consumer electronics, including smartphones. The demand for smartphones follows a cyclical pattern tied to the introduction of new models, influencing production and trade activities in various Asian nations and shaping a new technological cycle distinct from the previous one associated with personal computers (PCs).
Rapidly increasing demand for anti-fingerprint coatings to Dominate the Market Trend in the Anti Fingerprint Coatings Market.
The coatings industry has advanced quickly due to the escalating demands of production processes and developments in engineering applications. In essence, coatings are used to beautify, preserve, and protect things. The coatings business has steadily shifted from its traditional position as a provider of a high-quality finish and feel to one in which it is used as a method of surface treatment, hence raising the value of the finished good. Technological advancements in the manufacturing sector and rigorous, ongoing research to improve the current production options have made the application of innovative functional coatings viable. Coatings aid in achieving durability as well as extra, individualized features including fouling resistance, corrosion resistance, and resistance to wear and tear, among others.
In December 2022, Daikin Chemical Europe unveiled the inauguration of an innovation center situated in Dortmund, Germany. The innovation center is currently centered around three key technology pillars, providing support for trends in the automotive sector, semiconductors, information devices/IT equipment, and telecommunications infrastructure.
The demand for coatings with anti-reflective and anti-fingerprint properties has been steadily increasing on a yearly basis. Anti-reflective coatings have a wide range of applications in significant end-user industries due to their low cost and glare reduction capabilities. The solar industry needs this coating's resistance to light reflection since it helps absorb more energy. Adoption of anti-reflective coating has provided end-user markets with a revolutionary technology that helps to raise the caliber of the finished good. On the other side, anti-fingerprint coating typically offers anti-smudging properties. It is feasible to achieve lower maintenance expenses because to the anti-fingerprint coating, which also makes it easier for dirt and moisture to adhere less. The market growth of anti-fingerprint coatings has been sparked by these innovative capabilities.
The anti-reflective and anti-fingerprint coatings are being used by end-user companies as a strategy to distinguish their product in a highly competitive market. The usage of these coatings benefits companies financially and has an impact on every step of the production process' value chain. Numerous applications have been developed, opening the way for the practical and commercial use of these two coatings, which have a wide range of advantageous properties. The industries that utilize anti-reflective coatings most frequently today include the automotive, consumer product, solar, building & construction, and others. Anti-fingerprint coatings are mostly used in the end-user industries of stainless steel, consumer goods, and the automotive, building, and construction sectors. Thus, driving the Anti Fingerprint Coatings market revenue.
The Environmental Protection Agency (EPA) and the Registration, Evaluation, Authorization, and Restriction of Chemicals (REACH) consistently encourage manufacturers of anti-fingerprint coatings to prioritize eco-friendly products and manufacturing techniques. In Europe, companies must undergo scrutiny by REACH to evaluate the formulation of anti-fingerprint coatings before introducing them to the market. This process may pose a risk of intellectual property loss, potentially eroding manufacturers' competitive advantages.
Furthermore, the regulations imposed by REACH have compelled numerous manufacturers worldwide to upgrade their technologies, resulting in additional costs. These factors have fostered skepticism among anti-fingerprint coating manufacturers about expanding their facilities in the European market, despite its significant potential.
The report will cover the qualitative and quantitative data on the global Anti Fingerprint Coatings Market. The qualitative data includes latest trends, market players analysis, market drivers, market opportunity, and many others. Also, the report quantitative data includes market size for every region, country, and segments according to your requirements. We can also provide customize report in every industry vertical.
Study Period | 2024-32 |
Base Year | 2023 |
Estimated Forecast Year | 2024-32 |
Growth Rate | CAGR of 6.3% from 2024 to 2032 |
Segmentation | By Type, By Technology, By Region |
Unit | USD Billion |
By Type |
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By Technology |
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By Region |
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The market scope is segmented because of by type, by technology.
Based on the Type of the market is segmented into Hydrophobic Coating, Oleophobic Coating.
Oleophobic Coating: The oleophobic segment accounted for the largest market share in 2022. Oleophobic coating repels oil and stops fingerprints from smearing the screens of smartphones and other devices. With this type of coating, hazardous things will slide off the surface rather than scratch the glass, increasing its resistance to scratches. The rate of adoption does, however, slow down as the oleophobic coating ages.
Based on Technology the market is segmented into Vacuum Deposition, Sol Gel, Others.
Vacuum Deposition: The vacuum deposition segment accounted for largest market share in 2022. Technology is used to generate anti-fingerprint coating. A number of technological advancements have increased the production of these coatings. Vacuum deposition is one of the primary applications for worldwide anti-fingerprint coating. The vacuum deposition technique is used by several end-user industries, including the automotive, consumer goods, building and construction, to apply a thin layer of coating to the surface of various things. In this coating method, the components that will be coated are kept in a chamber where vapours start to spread on the substrate of the part because of condensation under high pressure. Coatings created utilizing the vacuum deposition process offer a noticeable improvement in wear and corrosion resistance when compared to the conventional method. Several techniques, such as sputtering, electron beam, ion plating, and arc deposition, are used to deposit coatings on the metallic and glass surfaces.
By region, Insights into the markets in North America, Europe, Asia-Pacific, and the rest of the world are provided by the study. The North America Anti Fingerprint Coatings Market dominated the global market in 2022 (45.80%). The firms, which are not headquartered in the United States, have a substantial presence here thanks to their manufacturing plants or R&D centers. Given that the United States is one of the most industrialized nations in the world, there are many potentials uses for display technology here, especially in the manufacturing and commercial sectors. This provides the nation with lots of potential for the anti-fingerprint coating business to grow. Anti-fingerprint coating is used in industrial sectors like automotive and electronics, for example, where easy cleaning is required. Further, In the North American area, the U.S. Anti Fingerprint Coatings market had the biggest market share, while the Canada Anti Fingerprint Coatings market had the quickest rate of expansion.
Further, the major countries studied in the market report are the US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Europe Anti Fingerprint Coatings market is expected to register fastest growth from 2023 to 2032. As Europe moves closer to a technological revolution, it is projected that the market for anti-fingerprint coatings will expand dramatically. The government's required execution of strict rules aimed at enhancing the overall product quality is one of the key reasons driving the development and expansion of the anti-fingerprint coating market in this area. Several European governments are actively pushing a change in their energy ecosystems by introducing cutting-edge and effective technology, which is anticipated to stimulate the growth of anti-fingerprint coating in the region. Further, In the European region, the German Anti Fingerprint Coatings market had the biggest market share, and the U.K. Anti Fingerprint Coatings market had the quickest rate of growth.
The Asia Pacific Anti Fingerprint Coatings market accounts for the significant market share. China is one of the leading nations when it comes to the expansion of anti-fingerprint coatings. China is one of the top producers of glass in the world, and anti-fingerprint coatings are commonly applied to glass surfaces. The Chinese government plans to develop additional coating R&D facilities and projects as part of its Made in China 2025 ambition. PPG Industries, Inc. announced the opening of a paint and coatings R&D center in China in August 2018. It is projected to be finished by 2021. Moreover, In the Asia-Pacific region, the Indian Anti Fingerprint Coatings market had the quickest rate of growth while China's Anti Fingerprint Coatings market had the greatest market share.
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25 Oct 2023