Hard Coating Film Market Size, Share, Growth, And Industry Analysis, By Type (Hardcoated Polycarbonate Film, Hardcoated Polyethylene terephthalate Film), By Application (Mobile phones, Touch panel, Appliance overlays, Membrane switches, and Other), Regional Insights, and Forecast To 2031

Updated On: 01 April 2024

Hard Coating Film Market Report Overview

• 

• Request a Free Sample to learn more about this report

The global hard coating film market size was USD 588.59 million in 2021 and market is projected to touch USD 1098.8 million by 2031, at a CAGR of 6.44% from 2021 to 2031.

Hard coatings provide plastic materials with more abrasion resistance and a harder surface, allowing them to be used in a wider range of applications. Polycarbonate is an extremely robust and adaptable material. Additionally, these coatings boost the chemical resilience of plastic materials, which are typically susceptible to harm from harsh chemicals. UV resistance, anti-microbial qualities, and anti-glare are a few additional characteristics that can be added to hard coatings. Depending on the hard coatings formulation, the degree of abrasion and chemical resistance can change. Some coatings have reduced abrasion resistance yet a longer lifespan when exposed to weathering conditions outside. Many substrates, including Polycarbonate, PMMA, PET, PVC, and PETg, can be coated with hard coatings in sheet form or molded forms.

Hard coatings are now used to protect cutting and forming tools as well as automotive components from wear. Functional coatings (such as switchable coatings, glass coatings, and optical coatings) and decorative coatings require wear protection as well, though mechanical wear plays a slightly different role.

COVID-19 Impact: Pandemic Slowed the Global Growth

The global expansion of the hard coating market has been restrained by the COVID-19 pandemic epidemic. Production businesses are coping with the pandemic's disruption of demand and supply chains as a result of the closure of manufacturing plants. Growth in the medical and healthcare industry in the post-pandemic era is anticipated to support the hard coating market as it helps increase instrument efficiency. Therefore, coronavirus is having a significant effect on the development of the engineered foam industry.

Industries start to suffer as economic activity slows. The market insight reports and intelligence services offered by DBMR take into account the expected effects of the economic slump on the pricing and accessibility of the items. With the help of this, our clients may frequently stay one step ahead of their rivals, forecast their sales and revenue, and determine their expenses for profit and loss.

Latest Trends

"Hard Coating Films with Cutting-Edge Technology"

Customers with more advanced applications can benefit from hard coat films with cutting-edge coating technologies. Aside from excellent scratch and abrasion resistance, our hard coat films have a high degree of extensibility, which provides a formable feature and expands the possibilities in curved objects.

Hard coat films also have shiny metallic effects while providing protection, achieving both functional and aesthetic goals. As a result, hard coat films are commonly used as a protective layer for household appliances and furniture, and they are compatible with substrates such as PP, ABS, Acrylic, PS, PC, PMMA, and HIPS.

Hard Coating Film Market Segmentation

• 

• Request a Free Sample to learn more about this report

• By Type Analysis

According to type, the market can be segmented into Hardcoated Polycarbonate Film, Hardcoated Polyethylene terephthalate Film.

• By Application Analysis

Based on application, the market can be divided into Mobile phones, Touch panels, Appliance overlays, and Membrane switches.

Driving Factors

"Hard Coating Polyester Films Are Increasingly Popular"

Hard coating polyester film is used to protect the surface of devices from scratching and direct contact with the outside environment. Scratch and abrasion resistance is provided by the hard-coating polyester film. As a result of its high chemical resistance and ease of cleaning, hard-coating polyester film is preferred by end users. Furthermore, the printability the film, which aids in product promotion, is expected to boost the hard coating film market growth. Polyester film with a hard coating is self-repairing and pleasant to use or touch. As a result of these hard coating characteristics, polyester films are frequently used in displays, automotive interior devices, and other devices. As a result of these properties of hard coating polyester film, the products' durability is increased.

"Increasing Awareness of the Advantages of Hard Coatings"

Hard coatings have several properties, including electrical and temperature resistance, corrosion resistance, hardness and wear, and a low friction coefficient after lubrication. All of these properties increase the demand for hard coatings in the global market. The rising awareness of the benefits of hard coatings has increased their use in a variety of end-user industries, including general manufacturing, automotive, and construction. Because of their increased energy efficiency, functionality, and lifetime, hard coatings are widely used in the general manufacturing industry. The rising demand for hard coatings in a variety of industries is expected to boost market value over the forecast period.

Restraining Factors

"Market Costs Are Expensive Which May Lead To Restraining Market Growth"

The process is expensive in this market, which is expected to stifle growth in the hard coating market. The cost of ownership is high, and the availability of alternatives limits the market's growth rate. These are some of the major factors restraining the growth of the hard coating market during the forecast period. This hard coating market report contains information on new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, and geographic distribution.

Hard Coating Film Market Regional Insights

• 

• Request a Free Sample to learn more about this report

"North America to Dominate the Global Market"

Given the steady increase in the use of hard coatings materials, primarily in the defense, aerospace, and marine sectors, North America will continue to hold the majority hard coating film market share during the forecast period.

Key Industry Players

"Competitors of the Hard Coating Market on the Resources"

The competitive landscape of the hard coating market provides information about a competitor. Company overview, financials, revenue generated, market potential, investment in R&D, new industry measures, international impact, production plants and infrastructure, production resources, corporation assets and weaknesses, product release, merchandise width and breadth, and application dominance are all included in the details. The data points presented above are only relevant to the companies focused on the hard coating market.

List of Market Players Profiled

•  SKC
•  Arisawa
•  Kriya
•  Vampire Coating
•  Gunze
•  Tekra
•  Toray
•  Lintec Corporation

Report Coverage

The report combines extensive quantitative analysis and exhaustive qualitative analysis, ranges from a macro overview of the total market size, industry chain, and market dynamics to micro details of segment markets by type, application, and region, and, as a result, provides a holistic view of, as well as a deep insight into the Hard coating film market covering all its essential aspects. For the competitive landscape, the report also introduces players in the industry from the perspective of the market share, concentration ratio, and others, and describes the leading companies in detail, with which the readers can get a better idea of their competitors and acquire an in-depth understanding of the competitive situation. Further, mergers & acquisitions, emerging market trends, the impact of COVID-19, and regional conflicts will all be considered.