Chemical and MaterialPress Releases

Ultra-Thin Glass Market Size to Exceed US$ 33.45 billion by 2027

The ultra-thin glass market size is predicted to hit around US$ 33.45 billion by 2027 and is expected to grow at a compound annual growth rate (CAGR) of 10.7% from 2021 to 2027.

The ultra-thin glass market report covers a detailed analysis for the historic period 2017-2020, considering 2021 as the base year and forecast (growth) for 2021-2027.

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This research report evaluates the ultra-thin glass market on a global and regional level. It offers a thorough analysis of the market revenue status, growth, future trends, and forecast of the global ultra-thin glass market for the period from 2017 to 2027.

Growth Factors

Ultra-thin glasses are extensively used in numerous consumer electronic devices that include LED, LCD, OLED displays, and many others. Further, these glasses have wide applications in advanced packaging, electrochromic windows and mirrors owing to their availability in variable sizes ranging from micrometers to millimeters. Further, increasing demand for touch panel displays, foldable smartphones, and roll able batteries expected to create alluring opportunities for the market growth over the upcoming years. The above mentioned products are in their development phase and are yet far away to be introduced in the market; however, increased Research & Development (R&D) in the product development and fast changing consumer preferences has motivated manufacturers to enhance the development process. This expected to be a key factor that propels the market growth for ultra-tin glasses as it helps significantly in the development of these devices.

Apart from positive side of the market, high cost of raw materials along with the complex manufacturing processes estimated to hamper the market growth. However, increasing implementation of ultra-thin glasses in solar panels and other products predicted to flourish the market growth over the analysis period. Solar being the most trending renewable energy generation alternative has opened several attractive opportunities for the manufacturers of ultra-thin glasses.

Market Report Scope

Report Highlights Details
Market Size USD 33.45 Billion by 2027
Growth Rate CAGR of 10.7% from 2021 to 2027
Largest Market North America
Fastest Growing Market Asia Pacific
Base Year 2021
Forecast Period 2021 to 2027

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This report enables readers to make important decisions with regard to their business, with the help of a wealth of Information enclosed in the study. The report also provides the compound annual growth rate (CAGR) of the global ultra-thin glass market for the forecast period of 2021–2027. This data can help readers interpret quantitative growth aspects of the global market during the forecast period. It presents a wealth of information on key market dynamics, including drivers, market trends, and challenges, as well as the structure of the global market across the globe.

The report analyzes the historical and present-day scenario of the global ultra-thin glass market to accurately gauge its growth potential. The study presents detailed information about important growth factors, restraints, and key trends that are creating the landscape for growth of the global market in order to identify opportunities for stakeholders.

Key Highlights

  • The Asia Pacific was accounted as the largest region with a volume share of approximately 72% in 2019 mainly attributed to high demand for flat panel displays particularly in India, China, and South Korea
  • Europe projected to witness prominent growth rate of around 6.5% in terms of value over the upcoming years due to propelling demand for solar energy, LEDs, LCDs, and automotive sectors
  • Flat panel displays held the largest market share and accounted for a volume share of around 40% in 2019 mainly because of growing demand from consumer electronic devices
  • Automotive glazing expected to offer attractive growth over the upcoming years mainly due to increasing demand for light-weight materials in the sector along with high production rate
  • The Asia Pacific emerged as the global leader in the ultra-thin glass with a volume share of more than 70% in 2019. Further, the region expected to maintain its dominance over the upcoming years.
  • Europe expected to exhibit lucrative growth in the global market because of favorable government policies regarding adoption of solar energy generation.

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Competition Landscape

In the final section of the research report, Precedence Research provided the global ultra-thin glass market structure and a detailed competition landscape to provide a dashboard view of key players operating in the global market along with their business strategies to report audiences. This section is primarily designed to provide clients with an objective and detailed comparative assessment of the key providers specific to a market segment in the value chain of the market.

Some of the major players in the ultra-thin glass market include:

  • Corning Incorporated
  • AGC Inc.
  • CSG Holding Co., Ltd.
  • SCHOTT AG
  • Nippon Electric Glass
  • Luoyang Glass Company
  • Xinyi Glass
  • Changzhou Almaden
  • Nippon Sheet Glass Co., Ltd
  • Emerge Glass

Market Segmentation

By Application

  • Automotive Glazing
  • Semiconductors
  • Flat Panel Displays
  • Others

Regional Segmentation

– North America (U.S. and Canada)

 – Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)

 – Asia-Pacific (China, Japan, India, Southeast Asia and Rest of APAC)

 – Latin America (Brazil and Rest of Latin America)

– Middle East and Africa (GCC, North Africa, South Africa, Rest of MEA)

Research Methodology

  • Market estimate for 2020
  • Average selling price (ASP) per region for specific product type
  • Filtrations and assortment of gathered data, to estimate the base year (2021) market size for the country
  • Gathering data from company websites, annual reports, white papers, financial reports, broker reports, investor presentations, and SEC filings
  • National government documents, statistical databases
  • News articles, press releases, and webcasts specific to companies operating in the market
  • Country wise analysis through internal and external proprietary databases, and relevant patent and regulatory databases
  • Determination of market penetration by country

Most Asked Questions –

What was the market size value of the ultra-thin glass in 2020?

What is the expected market size by 2027?

What is the ultra-thin glass market growth?

What are the key factors that positively influence market growth?

Who are the prominent players in the ultra-thin glass market?

Why Buy this Report?

The purpose of Precedence Research’s ultra-thin glass market study is to provide stakeholders with a detailed picture of potential barriers and untapped opportunities. The report contains exclusive information to assist businesses in making informed decisions about how to maintain growth throughout the assessment period.

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective
1.2. Scope of the Study
1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach
2.2. Data Sources
2.3. Assumptions& Limitations

Chapter 3. ExecutiveSummary

3.1. Market Snapshot

Chapter 4. Ultra-Thin Glass Market Variables and Scope

4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Ultra-Thin Glass Market

5.1. Covid-19: Ultra-Thin Glass Industry Impact
5.2. Ultra-Thin Glass Business Impact Assessment: Covid-19
5.2.1. Supply Chain Challenges/Disruption
5.2.2. Market Trends and Ultra-Thin Glass Opportunities in the COVID-19 Landscape for Major Markets
5.3. Strategic Measures against Covid-19
5.3.1. Government Support and Initiative to Combat Covid-19
5.3.2. Proposal for Ultra-Thin Glass Manufacturers to deal with Covid-19 Pandemic Scenario

Chapter 6. Ultra-Thin Glass Market Dynamics Analysis and Trends

6.1. Market Dynamics
6.1.1. Market Drivers
6.1.1.1. Rising Preference for Light Weight Materials
6.1.1.2. Increasing Demand for Consumer Electronic Products
6.1.2. Market Restraints
6.1.2.1. Critical Manufacturing Process of Ultra-Thin Glass
6.1.3. Market Opportunities
6.1.3.1. Shorter Product Lifecycle of Consumer Electronics
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition

Chapter 7. Global Ultra-Thin Glass Market: Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis
7.1.1.1. Ultra-Thin Glass Market Revenue by Manufacturer (2015-2020)
7.1.1.2. Ultra-Thin Glass Market Revenue Market Share by Manufacturer (2015-2020)
7.1.1.3. Ultra-Thin Glass Market Production by Manufacturer (2015-2020)
7.1.1.4. Ultra-Thin Glass Market Production Market Share by Manufacturer (2015-2020)
7.1.2. Key Organic/Inorganic Strategies Adopted by Players
7.1.2.1. Product Portfolio Expansion, Capacity Expansion, Product Innovation
7.1.2.2. Merger and Acquisition, Collaboration and Partnerships
7.1.3. Manufacturers Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers

Chapter 8. Global Ultra-Thin Glass Market, By Application

8.1. Ultra-Thin Glass Market, by Application, 2016-2027
8.1.1. Automotive Glazing
8.1.1.1. Market Revenue and Forecast (2016-2027)
8.1.1.2. Market Consumption and Forecast (2016-2027)
8.1.2. Semiconductors
8.1.2.1. Market Revenue and Forecast (2016-2027)
8.1.2.2. Market Consumption and Forecast (2016-2027)
8.1.3. Flat Panel Displays
8.1.3.1. Market Revenue and Forecast (2016-2027)
8.1.3.2. Market Consumption and Forecast (2016-2027)
8.1.4. Others
8.1.4.1. Market Revenue and Forecast (2016-2027)
8.1.4.2. Market Consumption and Forecast (2016-2027)

Chapter 9. Global Ultra-Thin Glass Market, Regional Estimates and Trend Forecast

9.1. North America
9.1.1. Market Revenue and Consumption Forecast by Application (2016-2027)
9.1.2. U.S
9.1.2.1. Market Revenue and Consumption Forecast (2016-2027)
9.1.3. Canada
9.1.3.1. Market Revenue and Consumption Forecast (2016-2027)
9.2. Europe
9.2.1. Market Revenue and Consumption Forecast by Application (2016-2027)
9.2.2. UK
9.2.2.1. Market Revenue and Consumption Forecast (2016-2027)
9.2.3. Germany
9.2.3.1. Market Revenue and Consumption Forecast (2016-2027)
9.2.4. France
9.2.4.1. Market Revenue and Consumption Forecast (2016-2027)
9.2.5. Rest of EU
9.2.5.1. Market Revenue and Consumption Forecast (2016-2027)
9.3. Asia Pacific (APAC)
9.3.1. Market Revenue and Consumption Forecast by Application (2016-2027)
9.3.2. China
9.3.2.1. Market Revenue and Consumption Forecast (2016-2027)
9.3.3. India
9.3.3.1. Market Revenue and Consumption Forecast (2016-2027)
9.3.4. Japan
9.3.4.1. Market Revenue and Consumption Forecast (2016-2027)
9.3.5. Rest of APAC
9.3.5.1. Market Revenue and Consumption Forecast (2016-2027)
9.4. LATAM
9.4.1. Market Revenue and Consumption Forecast by Application (2016-2027)
9.4.2. Brazil
9.4.2.1. Market Revenue and Consumption Forecast (2016-2027)
9.4.3. Rest of LATAM
9.4.3.1. Market Revenue and Consumption Forecast (2016-2027)
9.5. Middle East and Africa (MEA)
9.5.1. Market Revenue and Consumption Forecast by Application (2016-2027)
9.5.2. GCC
9.5.2.1. Market Revenue and Consumption Forecast (2016-2027)
9.5.3. North Africa
9.5.3.1. Market Revenue and Consumption Forecast (2016-2027)
9.5.4. South Africa
9.5.4.1. Market Revenue and Consumption Forecast (2016-2027)
9.5.5. Rest of MEA
9.5.5.1. Market Revenue and Consumption Forecast (2016-2027)

Chapter 10. Company Profiles

10.1. Corning Incorporated
10.1.1. Company Overview, Business Information, Regional Presence
10.1.2. Product Portfolio Analysis
10.1.2.1. Product Details, Specification, Application
10.1.3. Revenue, Production Capacity, Price, and Gross Margin (2015-2020)
10.1.4. Recent Developments and Strategies
10.2. AGC Inc.
10.2.1. Company Overview, Business Information, Regional Presence
10.2.2. Product Portfolio Analysis
10.2.2.1. Product Details, Specification, Application
10.2.3. Revenue, Production Capacity, Price, and Gross Margin (2015-2020)
10.2.4. Recent Developments and Strategies
10.3. CSG Holding Co., Ltd.
10.3.1. Company Overview, Business Information, Regional Presence
10.3.2. Product Portfolio Analysis
10.3.2.1. Product Details, Specification, Application
10.3.3. Revenue, Production Capacity, Price, and Gross Margin (2015-2020)
10.3.4. Recent Developments and Strategies
10.4. SCHOTT AG
10.4.1. Company Overview, Business Information, Regional Presence
10.4.2. Product Portfolio Analysis
10.4.2.1. Product Details, Specification, Application
10.4.3. Revenue, Production Capacity, Price, and Gross Margin (2015-2020)
10.4.4. Recent Developments and Strategies
10.5. Nippon Electric Glass
10.5.1. Company Overview, Business Information, Regional Presence
10.5.2. Product Portfolio Analysis
10.5.2.1. Product Details, Specification, Application
10.5.3. Revenue, Production Capacity, Price, and Gross Margin (2015-2020)
10.5.4. Recent Developments and Strategies
10.6. Luoyang Glass Company
10.6.1. Company Overview, Business Information, Regional Presence
10.6.2. Product Portfolio Analysis
10.6.2.1. Product Details, Specification, Application
10.6.3. Revenue, Production Capacity, Price, and Gross Margin (2015-2020)
10.6.4. Recent Developments and Strategies
10.7. Xinyi Glass
10.7.1. Company Overview, Business Information, Regional Presence
10.7.2. Product Portfolio Analysis
10.7.2.1. Product Details, Specification, Application
10.7.3. Revenue, Production Capacity, Price, and Gross Margin (2015-2020)
10.7.4. Recent Developments and Strategies
10.8. Changzhou Almaden
10.8.1. Company Overview, Business Information, Regional Presence
10.8.2. Product Portfolio Analysis
10.8.2.1. Product Details, Specification, Application
10.8.3. Revenue, Production Capacity, Price, and Gross Margin (2015-2020)
10.8.4. Recent Developments and Strategies
10.9. Nippon Sheet Glass Co., Ltd
10.9.1. Company Overview, Business Information, Regional Presence
10.9.2. Product Portfolio Analysis
10.9.2.1. Product Details, Specification, Application
10.9.3. Revenue, Production Capacity, Price, and Gross Margin (2015-2020)
10.9.4. Recent Developments and Strategies
10.10. Emerge Glass
10.10.1. Company Overview, Business Information, Regional Presence
10.10.2. Product Portfolio Analysis
10.10.2.1. Product Details, Specification, Application
10.10.3. Revenue, Production Capacity, Price, and Gross Margin (2015-2020)
10.10.4. Recent Developments and Strategies

Chapter 11. Appendix

11.1. About Us
11.2. Glossary of Terms

Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.

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Precedence Research

Precedence Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Precedence Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings.

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