Global Glass Substrate Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
MarketResearch.biz delivers in-depth insights on the global glass substrate market in its upcoming report titled, “Global Glass Substrate Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027”. The global glass substrate market is estimated to register a CAGR of approximately 5.2% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global glass substrate market report has been segmented on the basis of type, end use industry, and region.
This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.
Glass substrates are the individual plies of glass used to fabricate glass units and is also be referred to as float glass, raw glass or glass lites. Glass substrates is a key material for LCD manufacturing.
Increasing demand for LCDs in smart handheld devices and automotive applications is in turn expected to create demand for glass substrate, thereby driving growth of the global glass substrate market over the forecast period. Rapidly growing various end use industry such as electronics and automotive is in turn expected to boost growth of global glass substrate market over the forecast period.
However, high cost associated with the development and manufacturing of glass substrate is major factor expected to limit growth of global glass substrate market over the forecast period.
Market in Asia Pacific accounted for significant revenue share of the global glass substrate market in terms of revenue contribution as compared to that of markets in other regions. The market in the Asia Pacific is projected to register comparatively faster growth in terms of revenue over the next 10 years. Increasing demand for electronic products especially in countries such as China, Japan and India and presence of significant players in the market are major factors expected to drive growth of the market in the region over the forecast period. Europe accounts for second-largest revenue share contribution to the global glass substrate market, registering a share of XX.X%, followed by markets in the North America, Latin America, and the Middle East & Africa respectively.
Target audience for the global glass substrate market includes glass substrate manufacturers, end users for glass substrate products, government and research organizations, industrial and association bodies, and suppliers and distributors of glass substrates.
Global Glass Substrate Market Segmentation:
Global glass substrate market segmentation, by type:
- Borosilicate-based Glass Substrates
- Silicon-based Glass Substrates
- Fused Silica/Quartz-based Glass Substrates
- Ceramic-based Glass Substrates
Global glass substrate market segmentation, by end use industry:
- Aerospace & Defense
Global glass substrate market segmentation, by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2020 Estimated Year 2021 Forecast Period 2021–2030 Revenue in US$
- Asahi Glass Co., Ltd. (AGC)
- Schott AG
- Corning Inc.
- Nippon Sheet Glass Co, Ltd.
- Plan Optik AG
- Hoya Corporation
- LG Chem, Ltd.
- Ohara Inc.
- IRICO Group New Energy Company Limited
- The Tunghsu Group
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