Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 1,373 million | USD 2,420 million | 6.5% | 2023 |
The global anti-fingerprint coatings market size was worth around USD 1,373 million in 2023 and is predicted to grow to around USD 2,420 million by 2032 with a compound annual growth rate (CAGR) of roughly 6.5% between 2024 and 2032.
Coatings that are placed on metal, plastic, and glass surfaces, among others, with the purpose of repelling oils, grease, and other impurities that result in fingerprints are known as anti-fingerprint coatings. The simplicity of cleaning different substrate surfaces and hiding power is greatly enhanced by anti-fingerprint coating. Products that are susceptible to fingerprints work better when coated with anti-fingerprint materials. This anti-fingerprint coating not only makes cleaning much easier, but it can also considerably minimize or remove the visibility of fingerprints and smudges. The rising demand for smart gadgets, consumer electronics, and touch-enabled surfaces has resulted in significant growth in the global anti-fingerprint coating market in recent years. These coatings are essential for maintaining surfaces' visual appeal, cutting down on maintenance requirements, and improving user experiences.
Growing application in the consumer electronics industry drives market growth
Global economic activity changes have caused a quick shift in consumer demand, leading to an increase in different urban regions in both developed and developing nations. The population of the globe is expected to rise from 7.8 billion in 2020 to roughly 9.9 billion by 2050, according to U.N. predictions. Ninety percent of the population is predicted to expand in growing economies including China, India, Brazil, South Korea, and South Africa. Major development is anticipated in several urban regions as a result of these economies' growing middle-class populations. It is projected that this will increase demand for consumer goods, such as wearable devices, televisions, tablets, and smartphones, and encourage the use of the anti-fingerprint coating. Thus, the growing application in the consumer electronics industry drives market growth.
Stringent environmental regulation hinders market growth
The Registration, Evaluation, Authorization, and Restriction of Chemicals (REACH) and the Environmental Protection Agency (EPA) are always pushing makers of anti-fingerprint coatings to search for environmentally acceptable materials and production processes. Before a product is put on the market in Europe, REACH inspects how anti-fingerprint coating is made by corporations. The manufacturers may lose their competitive advantage as a result of a loss of intellectual property. Furthermore, numerous firms worldwide were forced to modify their technology due to the REACH requirements, which resulted in higher expenditures for these manufacturers. Although the European anti-fingerprint market has considerable potential, these considerations have made anti-fingerprint coating producers wary of expanding their facilities there.
Rising demand from the automotive sector offers a lucrative opportunity for market growth
The market is anticipated to expand as a result of the growing demand, particularly from nations like Brazil, China, Taiwan, India, and Thailand, for anti-fingerprint coatings used in the automobile industry. Moreover, the market for anti-fingerprint coating is anticipated to grow during the forecast period due to significant investments made by businesses like Fingerprint Cards AB to introduce biometric solutions for luxury and premium segment cars to increase security through driver identification and authentication.
High cost and limited performance pose a major challenge to market expansion
Production prices may rise because of the additional manufacturing stages and specialized materials required for anti-fingerprint coatings. Increased expenses could hinder adoption, especially for consumers on a tight budget or in markets where prices are critical. Furthermore, even while anti-fingerprint coatings successfully lessen the visibility of fingerprints, their endurance and durability may be compromised. Certain coatings may need to be reapplied or maintained since they may wear off over time or lose their effectiveness when cleaned often.
The global anti-fingerprint coatings industry is segmented based on type, material type, technology, application and region.
Based on the type, the global anti-fingerprint coatings market is bifurcated into hydrophobic coating and oleophobic coating. The hydrophobic coating segment is expected to dominate the market during the forecast period. Hydrophobic coatings are resistant to water and other liquids in addition to repulsion of fingerprints. This dual purpose improves surface defense by lowering the possibility of corrosion, stains, and water damage. As a result, hydrophobic coatings are becoming more and more in demand in industries like electronics, automotive parts, and architectural glass where surface durability is crucial.
Based on the material type, the global anti-fingerprint coatings industry is segmented into titanium, silicon, fluorine and others.
Based on the technology, the global anti-fingerprint coatings market is segmented into sol-gel, vacuum deposition and others. The vacuum deposition segment is expected to capture a significant market share over the forecast period. One of the most important technologies used in the creation of anti-fingerprint coatings is vacuum deposition, especially for metal and glass surfaces. Thin layers of materials are deposited in a vacuum atmosphere during the procedure, producing coatings with certain characteristics. Ultra-thin films can be created on surfaces via vacuum deposition. The anti-fingerprint coating is made up of these thin films, which offer protection without dramatically changing the substrate's look. The uniform distribution of coating material across the substrate is guaranteed by the vacuum deposition technique. For constant performance in preventing fingerprints and preserving optical purity, this homogeneity is essential. The vacuum atmosphere reduces the number of pollutants and impurities, which helps to produce high-performance coatings with improved qualities, such as anti-fingerprint qualities.
Based on the application, the global anti-fingerprint coatings industry is segmented into building and construction, consumer goods, stainless steel, automotive and others. The building and construction segment is expected to dominate the market during the forecast period. Anti-fingerprint coatings are becoming more and more common in the building and construction sector, with many advantages in terms of longevity, maintenance, and appearance. Windows, doors, and facade glass surfaces are coated with anti-fingerprint materials. This reduces the visibility of fingerprints and smudges and preserves the clarity and aesthetic appeal of glass structures. Interior surfaces including wall panels, counters, and furniture are coated to make fingerprints less noticeable, especially in high-traffic areas. Building aesthetics is a top priority for architects and designers. Anti-fingerprint coatings preserve the integrity of design components while adding to a sleek and clean appearance.
Report Attributes | Report Details |
---|---|
Report Name | Anti-Fingerprint Coatings Market |
Market Size in 2023 | USD 1,373 Million |
Market Forecast in 2032 | USD 2,420 Million |
Growth Rate | CAGR of 6.5% |
Number of Pages | 214 |
Key Companies Covered | Leader Optronics Technology Co. LTD, AGC Chemicals Europe Ltd., NAGASE & CO. LTD., DAIKIN INDUSTRIES Ltd., CYTONIX, ESSILOR OF AMERICA INC., Nanokote; NanoSlic Smart Coatings, HARVES Co. Ltd., Natoco Co. Ltd., Izovac, PPG Industries Inc., Nippon Paint Surf Chemicals Co. Ltd., Kriya Materials, Sumitomo Chemical Co. Ltd., Plasmatreat GmbH, Taiwanfluoro Technology, Bühler AG, Janos Tech., Carl Zeiss Limited, and others. |
Segments Covered | By Type, By Material Type, By Technology, By Application, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The Asia Pacific is expected to dominate the market during the forecast period
The Asia Pacific is expected to dominate the market over the forecast period because smartphones and other devices are becoming increasingly common in the area. Furthermore, the swift growth of the automobile sector in Asia-Pacific is a critical factor driving the manufacturing and sales of anti-fingerprint coatings in the area. The main manufacturer of anti-fingerprint coatings in the region is China, which is home to the largest electronics manufacturing ecosystem in the world, with almost five times as many suppliers as there are in Japan. Besides, North America also holds a prominent market share during the forecast period because coating agencies are widely distributed around the area. North American Coatings Laboratories (NACL), American Coating Associations (ACA), and Canadian Paint and Coatings Association (CPCA) are some of these organizations. The existence of these coating agencies in North America contributes to the dissemination of information about the advantages and many uses of coatings. Furthermore, a major factor expected to contribute to the expansion of the anti-fingerprint coatings market is the abundance of research and development centers in the area that may provide more inventive goods.
The global anti-fingerprint coatings market is dominated by players like:
By Type
By Material Type
By Technology
By Application
FrequentlyAsked Questions
Coatings that are placed on metal, plastic, and glass surfaces, among others, with the purpose of repelling oils, grease, and other impurities that result in fingerprints are known as anti-fingerprint coatings. The simplicity of cleaning different substrate surfaces and hiding power is greatly enhanced by anti-fingerprint coating. Products that are susceptible to fingerprints work better when coated with anti-fingerprint materials. This anti-fingerprint coating not only makes cleaning much easier, but it can also considerably minimize or remove the visibility of fingerprints and smudges.
The rising demand for smart gadgets, consumer electronics, and touch-enabled surfaces has resulted in significant growth in the global anti-fingerprint coating market in recent years. These coatings are essential for maintaining surfaces' visual appeal, cutting down on maintenance requirements, and improving user experiences.
According to the report, the global market size was worth around USD 1,373 million in 2023 and is predicted to grow to around USD 2,420 million by 2032.
The global anti-fingerprint coatings market is expected to grow at a CAGR of 6.5% during the forecast period.
The global anti-fingerprint coatings market growth is expected to be driven by the Asia Pacific. It is currently the world’s highest revenue-generating market due to the increasing consumer electronics and automobile industry.
The global anti-fingerprint coatings market is dominated by players like Leader Optronics Technology Co., LTD, AGC Chemicals Europe, Ltd., NAGASE & CO., LTD., DAIKIN INDUSTRIES, Ltd., CYTONIX, ESSILOR OF AMERICA, INC., Nanokote; NanoSlic Smart Coatings, HARVES Co., Ltd., Natoco Co., Ltd., Izovac, PPG Industries, Inc., Nippon Paint Surf Chemicals Co., Ltd., Kriya Materials, Sumitomo Chemical Co., Ltd., Plasmatreat GmbH, Taiwanfluoro Technology, Bühler AG, Janos Tech. and Carl Zeiss Limited among others.
The anti-fingerprint coatings market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTLE analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five forces analysis, and value chain analysis.
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