Rapidly changing coating technology has made anti-fingerprint coatings gain prominence due to increasing demand across industries for better aesthetic appeal and surface performance. It is characterized by constant technological advancements in coating techniques coupled with increased awareness about benefits derived from the usage of fingerprint-free coatings. However, there has been growing acceptance of anti-fingerprint coatings among users of consumer electronics, which is a major factor behind such market drives. The explosion of tablets, smartphones, and other types of touchscreen devices has made it necessary to have surfaces that do not show fingerprints. These coatings enhance the appearance of these gadgets as well as make them more user-friendly by reducing the effect of any smudging or fingerprinting. Consequently, electronics manufacturers are embedding these coats into their designs, thereby propelling growth in the market for anti-fingerprint coatings.
Also, the automotive industry has played a significant role in shaping dynamics within this anti-fingerprint coating niche. Vehicles contain surfaces like touchscreens, infotainment systems, and interior trims on which fingerprints often appear. This justifies why manufacturers are increasingly applying anti-fingerprint coatings so that they can meet the demands of customers who look forward to driving cleaner-looking vehicles. Furthermore, technological advancements largely affect market dynamics, in this case, with a focus on coating techniques. Manufacturers are currently conducting research aimed at developing coatings that repel fingerprints but also provide additional functionalities like scratch resistance, easy-to-clean nature, and staying power, among others. Thus, there is stiff competition between different companies in terms of innovations, leading to diverse brands with an assortment of features and functions regarding anti-fingerprint coatings only aimed at satisfying specific customer preferences, hence spurring growth and dynamism within the sector as a whole.
Furthermore, environmental considerations shape the market dynamics of anti-fingerprint coatings. It is increasingly essential to develop eco-friendly coatings that minimize the use of dangerous materials and protect nature. Manufacturing companies have formulated coatings that satisfy sustainability criteria while not hampering performance to meet this demand. Similarly, Challenges determine market dynamics as well. Price sensitivity, for instance, remains an issue for manufacturers and consumers alike. For instance, finding a balance between affordable and high-performance coatings is vital for all market players who want to be ahead of their competitors in the industry. Moreover, Global supply chain disruptions and recent raw material shortages have made the market dynamic uncertain, urging the manufacturers to re-evaluate their supply chain strategies and look into alternative sourcing options.
Anti Fingerprint Coatings Market Size was valued at USD 0.8 Billion in 2022. The Anti Fingerprint Coatings market is projected to grow from USD 0.9 Billion in 2023 to USD 1.4 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 6.00% during the forecast period (2023 - 2032). Solar panels, the building and construction industry, the automotive industry, and the growing use of consumer goods like smartphones, tablets, and laptops are all driving up demand for anti-fingerprint coatings, are the key market drivers enhancing the market growth.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Anti Fingerprint Coatings Market Trends
The increasing demands of manufacturing processes and advancements in engineering applications have caused the coatings business to advance rapidly. In essence, coatings are applied to products to protect, preserve, and beautify them. The coatings industry has gradually moved away from its traditional role of offering a high-quality finish and feel to one in which it is employed as a method of surface treatment, consequently increasing the product's value. The use of novel functional coatings has been made possible by technological developments in the manufacturing industry and intensive continuous research to enhance the current production alternatives. Coatings help achieve durability and additional, personalised qualities like corrosion resistance, resistance to wear and tear, and resistance to fouling, among others.
On an annual basis, the demand for coatings with anti-reflective and anti-fingerprint qualities has been rapidly rising. Due to their low cost and glare reduction abilities, anti-reflective coatings are widely useful in important end-user sectors. This coating offers resistance to light reflection, which is essential for the solar sector because it aids in absorbing more energy. Anti-reflective coating adoption has given end-user markets a ground-breaking technology that helps to improve the product's quality. On the other hand, anti-smudging capabilities are frequently provided by anti-fingerprint coating. The anti-fingerprint coating makes it possible to achieve lower maintenance costs and facilitates less dirt and moisture adhesion. These novel qualities have fueled the market expansion of anti-fingerprint coatings.
The end-user companies are using the anti-reflective and anti-fingerprint coatings as a tactic to differentiate their product in a highly competitive market. The use of these coatings also gives businesses a cost advantage and has an effect on the entire value chain of the production process. Due to the vast range of beneficial qualities possessed by these two coatings, a number of applications have been created, paving the path for their practical and commercial applicability. Anti-reflective coatings are currently most commonly used in the automobile, consumer products, photovoltaic, building & construction, and other industries. End-user industries include automotive, building and construction, consumer products, and stainless steel are just a few that specifically use anti-fingerprint coatings. Thus, driving the Anti Fingerprint Coatings market revenue.
Anti Fingerprint Coatings Market Segment Insights
Anti Fingerprint Coatings Type Insights
The Anti Fingerprint Coatings Market segmentation, based on type, includes hydrophobic coating and oleophobic coating. The oleophobic coating segment accounted for the largest market share in 2022. Oleophobic coating prevents fingerprints from smudging smartphones or other devices' displays while also repelling grease. This kind of coating makes glass more resistant to scratches since lower friction will cause harmful objects to slip off the surface rather than scratch it. The oleophobic coating does, however, wear off over time, which reduces the pace of adoption.
Anti-Fingerprint Coatings Technology Insights
The Anti Fingerprint Coatings Market segmentation, based on technology, includes vacuum deposition, sol gel, and others. The vacuum deposition segment accounted for largest market share in 2022. Anti-fingerprint coating is produced with the help of technology. The manufacture of these coatings has expanded as a result of various technological developments. One of the main areas of use for global anti-fingerprint coating is vacuum deposition. A thin layer of coating is applied to the surface of various items using the vacuum deposition technique, which is employed by a number of end-user industries, including the automotive, consumer goods, and building and construction.
Figure 1: Anti Fingerprint Coatings Market, by Technology, 2022 & 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Anti-Fingerprint Coatings Application Insights
The Anti Fingerprint Coatings Market segmentation, based on application, includes consumer goods, building and construction, automotive, solar panels, stainless steel, others. The consumer goods segment accounted for largest market share in 2022. This is owing to the popularity of touchscreens and the need for smudge resistance, consumer goods have historically been a prominent application area for anti-fingerprint coatings.
Anti Fingerprint Coatings Regional Insights
By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The North America Anti Fingerprint Coatings Market dominated the global market in 2022 (45.80%). Due to their manufacturing facilities or R&D bases, the corporations, which are not based in the United States, have a significant presence here. Since the United States is one of the most industrialised countries in the world, display technology has a wide range of potential applications here, particularly in the manufacturing and business sectors. This offers the anti-fingerprint coating industry in the nation plenty of room to flourish. In industrial industries like automotive and electronics, for example, the anti-fingerprint coating is employed for reasons that need easy cleaning. Further, the U.S. Anti Fingerprint Coatings market held the largest market share, and the Canada Anti Fingerprint Coatings market was the fastest growing market in the North America region.
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.
Figure 2: ANTI FINGERPRINT COATINGS MARKET SHARE BY REGION 2022 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe Anti Fingerprint Coatings market is expected to register fastest growth from 2023 to 2032. The market for anti-fingerprint coatings is anticipated to significantly grow as Europe approaches a technological revolution. One of the main factors propelling the development and growth of the anti-fingerprint coating market in this region is the government's mandated implementation of stringent regulations intended to improve the overall product quality. By implementing cutting-edge and efficient technology, several European governments are actively promoting a change in their energy ecosystems, which is expected to encourage the spread of anti-fingerprint coating in the area. Further, the German Anti Fingerprint Coatings market held the largest market share, and the U.K Anti Fingerprint Coatings market was the fastest growing market in the European region
The Asia Pacific Anti Fingerprint Coatings market accounts for the significant market share. Regarding the expansion of anti-fingerprint coatings, China is one of the top countries. Glass surfaces frequently have an anti-fingerprint coating put to them, and China is one of the top exporters of glass worldwide. For its Made in China 2025 goal, the Chinese government intends to establish numerous coating R&D facilities and projects. The opening of a paint and coatings research and development facility in China, which is anticipated to be complete by 2021, was announced by PPG Industries, Inc. in August 2018. Moreover, China’s Anti Fingerprint Coatings market held the largest market share, and the Indian Anti Fingerprint Coatings market was the fastest growing market in the Asia-Pacific region.
Anti Fingerprint Coatings Key Market Players & Competitive Insights
Leading market players are investing heavily in research and development in order to expand their product lines, which will help the Anti Fingerprint Coatings market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, Anti Fingerprint Coatings industry must offer cost-effective items.
Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the global Anti Fingerprint Coatings industry to benefit clients and increase the market sector. In recent years, the Anti Fingerprint Coatings industry has offered some of the most significant advantages to medicine. Major players in the Anti Fingerprint Coatings market, including AGC Chemicals Europe, Ltd., CYTONIX, DAIKIN INDUSTRIES, Ltd., ESSILOR OF AMERICA, INC., HARVES Co., Ltd., Izovac, Leader Optronics Technology Co.,LTD, NAGASE & CO., LTD., Nanokote; NanoSlic Smart Coatings, Natoco Co.,Ltd., Nippon Paint Surf Chemicals Co., Ltd., PPG Industries, Inc., Sumitomo Chemical Co., Ltd., Taiwanfluoro Technology, Plasmatreat GmbH, Kriya Materials, Janos Tech., Carl Zeiss Limited, and Bühler AG, are attempting to increase market demand by investing in research and development operations.
A division of Xiaomi Corporation, Xiaomi Inc. (Xiaomi) is a mobile internet business. Along with Xiaomi phones, televisions, and smart devices, it sells a variety of products. The business also sells power banks, fitness bands, and accessories like smart bands, headphones, Bluetooth gadgets, protective cases, and back coverings. Xiaomi unveiled the Smart Band 7 in October 2022, first in China and then globally in June. The company has unveiled the Pro version, which has a 1.64-inch rectangular AMOLED colour touchscreen and is compatible with more than 150 in-app watch faces. This watch's display is shielded by glass with an anti-fingerprint coating.
The production of explosion-proof switches, pushbuttons, and light fixtures is done by R. Stahl AG (R. R. Stahl). The company sells a variety of goods, including isolators, installation switches, junction boxes, terminal boxes, plugs and sockets, and plug connectors; lighting products, including light fittings for fluorescent lamps, emergency light fittings, bulkhead light fittings, pendant light fittings, floodlights, and tank inspection lamps; and helideck systems. R. Stahl uses the R. Stahl name to promote its goods. Relca PD-805, a new water-based and additive-free matting resin, was added to Stahl's lineup of Relca Matt Binders in February 2023.
Key Companies in the Anti Fingerprint Coatings market include
Anti Fingerprint Coatings Industry Developments
April 2021 Cetelon Lackfabrik GmbH, a producer of coatings for automobile and light-truck wheel applications, was purchased by PPG Industries, Inc.
The newest product line from Nano-Care Deutschland AG, a pioneer in the creation of cutting-edge surface treatments, will be released in 2024. With the subject of "next generation products," the company is launching a series of innovative solutions that prioritize sustainability and environmental compatibility in addition to providing optimum performance.
Anti-Fingerprint Coatings Market Segmentation
Anti-Fingerprint Coatings Type Outlook
Anti-Fingerprint Coatings Technology Outlook
Anti-Fingerprint Coatings Application Outlook
Anti-Fingerprint Coatings Regional Outlook
North America
Europe
Asia-Pacific
Rest of the World
Middle East
Africa
Latin America
© 2024 Market Research Future ® (Part of WantStats Reasearch And Media Pvt. Ltd.)