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    Ultra-Thin Glass Market

    ID: MRFR/CnM/4483-CR
    212 Pages
    Anshula Mandaokar
    March 2023

    Ultra-thin Glass Market Research Report Information By Manufacturing Process (Float, Fusion), By Application (Touch Panel Display, Semiconductors) and By End-use Industry (Electrical & Electronics, Automotive), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) – Market Forecast Till 2035.

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    Ultra-Thin Glass Market Infographic
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    Ultra-Thin Glass Market Summary

    The Global Ultra-thin Glass Market is projected to grow from 12.5 USD Billion in 2024 to 30 USD Billion by 2035, reflecting a robust CAGR of 8.28%.

    Key Market Trends & Highlights

    Ultra-thin Glass Key Trends and Highlights

    • The market valuation is expected to increase from 12.5 USD Billion in 2024 to 30 USD Billion by 2035.
    • A compound annual growth rate of 8.28% is anticipated from 2025 to 2035.
    • The demand for ultra-thin glass is likely driven by advancements in display technology and consumer electronics.
    • Growing adoption of ultra-thin glass due to its lightweight and durability is a major market driver.

    Market Size & Forecast

    2024 Market Size 12.5 (USD Billion)
    2035 Market Size 30 (USD Billion)
    CAGR (2025 - 2035) 8.28%

    Major Players

    Apple Inc (US), Microsoft Corp (US), Amazon.com Inc (US), Alphabet Inc (US), Berkshire Hathaway Inc (US), Tesla Inc (US), Meta Platforms Inc (US), Johnson & Johnson (US), Visa Inc (US), Procter & Gamble Co (US)

    Ultra-Thin Glass Market Trends

    Growing Demand from the automotive industry to boost market growth

    Ultra-thin glass is a type of glass that is thinner than conventional glass, often with a thickness of fewer than 100 microns. It is used in a variety of applications, including consumer electronics, architectural glass, and automotive glass. One potential application for ultra-thin glass in the automotive industry is for use in displays and touchscreens. As cars become more connected and autonomous, there is an increasing demand for high-quality displays that can provide information to drivers and passengers. Ultra-thin glass can offer several advantages over other materials, including greater flexibility and durability, which can be particularly important in automotive applications.

    In addition, ultra-thin glass could be used in other parts of the car, such as windows and windshields, to reduce weight and improve fuel efficiency. However, there may be some technical challenges associated with using ultra-thin glass in these applications, including issues related to strength, durability, and safety. Therefore, such factors related to Ultra-thin Glass have enhanced the Ultra-thin Glass market CAGR across the globe in recent years.

    The increasing demand for lightweight and durable materials in various industries is driving the growth of the ultra-thin glass market, as manufacturers seek innovative solutions to enhance product performance and consumer experience.

    U.S. Department of Commerce

    Ultra-Thin Glass Market Drivers

    Market Growth Projections

    The Global Ultra-thin Glass Market Industry is projected to experience substantial growth, with estimates indicating a market value of 12.5 USD Billion in 2024 and a potential increase to 30 USD Billion by 2035. This growth trajectory reflects a compound annual growth rate of 8.28% from 2025 to 2035, driven by various factors including technological advancements, rising consumer demand, and expanding applications across multiple sectors. The market's expansion is indicative of the increasing reliance on ultra-thin glass in diverse industries, suggesting a promising future for manufacturers and stakeholders.

    Growth in Automotive Sector

    The Global Ultra-thin Glass Market Industry is significantly influenced by the automotive sector's growth, particularly in the context of electric vehicles (EVs). As automakers prioritize lightweight materials to improve energy efficiency, ultra-thin glass emerges as a viable solution for windows and displays. The integration of advanced glass technologies in vehicles not only enhances aesthetics but also contributes to safety and performance. With the automotive industry increasingly adopting ultra-thin glass, the market is poised for substantial growth, potentially reflecting a compound annual growth rate of 8.28% from 2025 to 2035, as manufacturers seek innovative materials to meet evolving consumer demands.

    Advancements in Display Technologies

    The Global Ultra-thin Glass Market Industry benefits from rapid advancements in display technologies, particularly in OLED and LCD screens. These technologies require ultra-thin glass to achieve higher resolutions and improved visual quality. The increasing adoption of OLED displays in televisions and mobile devices underscores this trend. As manufacturers strive to enhance user experiences, ultra-thin glass serves as a critical component, enabling thinner and lighter designs without compromising performance. This shift is likely to contribute to the market's growth trajectory, with expectations of reaching 30 USD Billion by 2035, driven by ongoing innovations in display technology.

    Rising Demand for Consumer Electronics

    The Global Ultra-thin Glass Market Industry experiences a surge in demand driven by the consumer electronics sector. As devices become increasingly compact and lightweight, manufacturers seek ultra-thin glass for applications in smartphones, tablets, and laptops. This trend is evidenced by the projected market value of 12.5 USD Billion in 2024, reflecting a growing preference for sleek designs. The integration of ultra-thin glass enhances device aesthetics while maintaining durability, which is crucial for consumer satisfaction. As the industry evolves, the need for innovative materials that support advanced functionalities continues to rise, further propelling the market forward.

    Emerging Markets and Economic Development

    The Global Ultra-thin Glass Market Industry is poised for growth in emerging markets, where economic development drives demand for modern infrastructure and consumer goods. Countries in Asia-Pacific and Latin America are witnessing increased investments in technology and construction, leading to a higher consumption of ultra-thin glass in various applications. As urbanization accelerates, the need for innovative materials that support modern living standards becomes paramount. This trend suggests a robust growth potential for the ultra-thin glass market, as these regions continue to develop economically and technologically.

    Architectural Applications and Energy Efficiency

    The Global Ultra-thin Glass Market Industry sees a growing application in architectural designs, particularly in energy-efficient buildings. Ultra-thin glass is favored for its ability to provide natural light while minimizing heat loss, making it an attractive option for modern architecture. As sustainability becomes a priority in construction, the demand for materials that enhance energy efficiency is likely to rise. This trend aligns with global efforts to reduce carbon footprints and promote green building practices. The increasing use of ultra-thin glass in facades and windows may significantly contribute to the market's expansion, reflecting broader shifts towards sustainable construction.

    Market Segment Insights

    Ultra-thin Glass Manufacturing Process Insights

    The Ultra-thin Glass market segmentation, based on the manufacturing process, includes Float, Fusion. The fusion segment held the majority share in 2022 of the Ultra-thin Glass market revenue. The fusion process involves melting glass and then fusing it onto a substrate, while the float process involves floating molten glass on a bed of molten metal to produce a continuous ribbon of glass.

    Ultra-thin Glass Application Insights

    The Ultra-thin Glass market segmentation, based on application, includes Touch Panel Displays, Semiconductors. The touch panel display segment held the majority share in 2022. The Touch Panel Display segment involves the use of ultra-thin glass in the manufacture of touchscreens for various electronic devices, including smartphones, tablets, and laptops, while the Semiconductor segment involves the use of ultra-thin glass in the manufacture of electronic components, such as microchips.

    Ultra-thin Glass End-Use Insights

    Based on end use, the Ultra-thin Glass market segmentation includes Electrical & Electronics, Automotive. The automotive segment dominated the market in 2022 and is projected to be the faster-growing segment during the forecast period, 2023-2030. The automotive segment dominated the Ultra-thin Glass market, as the use of ultra-thin glass in the automotive industry has been increasing due to its lightweight, high strength, and durability. Automotive manufacturers have been using ultra-thin glass in various components, including windshields, side windows, and sunroofs, to reduce the overall weight of the vehicle and improve fuel efficiency.

    Additionally, the use of ultra-thin glass in automotive applications can enhance safety and visibility for drivers and passengers. These all factors for Ultra-thin Glass positively impact the market growth.

    Figure 2: Ultra-thin Glass Market, by Manufacturing Process, 2022 & 2030 (USD Billion)Source: Secondary Research, Primary Research, Market Research Future Database and Analyst Review

    Get more detailed insights about Ultra-Thin Glass Market Research Report – Forecast to 2030

    Regional Insights

    By region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. The Asia Pacific region has been a major market for the Ultra-thin Glass industry and has exhibited a high demand for the product. This is mainly due to the rapid industrialization and urbanization in countries such as China, Japan, South Korea, and India, which has led to the growth of various end-use industries, including electrical & electronics, automotive, and construction, among others.

    The rising demand for smartphones, tablets, and other electronic devices, especially in countries such as China and India, has been a significant factor driving the demand for Ultra-thin Glass in the region. In addition, the growing demand for lightweight and fuel-efficient vehicles has increased the use of Ultra-thin Glass in the automotive industry in the Asia Pacific region. Moreover, the region's robust construction industry, coupled with the increasing adoption of green building practices, has boosted the demand for Ultra-thin Glass in the construction sector.

    Further, the major countries studied in the market report are The U.S., Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil

    Figure 3: ULTRA-THIN GLASS MARKET SHARE BY REGION 2022 (%)ULTRA-THIN GLASS MARKET SHARE BY REGIONSource: Secondary Research, Primary Research, Market Research Future Database and Analyst Review

    Europe’s Ultra-thin Glass market accounts for the third-largest market share. This is mainly due to the increasing adoption of Ultra-thin Glass in various industries, including electrical & electronics, automotive, and healthcare, among others. The European Union has been investing heavily in research and development activities to support the growth of the Ultra-thin Glass market and promote sustainable economic development. The region's robust automotive industry, coupled with the growing demand for lightweight and fuel-efficient vehicles, has increased the use of Ultra-thin Glass in the industry.

    In addition, the increasing focus on energy efficiency and sustainable building practices in the construction industry has boosted the demand for Ultra-thin Glass in the region. The use of Ultra-thin Glass in green buildings, such as photovoltaic glass, has gained popularity in Europe, contributing to the growth of the Ultra-thin Glass market. Further, the Germany Ultra-thin Glass market held the largest market share, and the UK Ultra-thin Glass market was the fastest-growing market in the European region.

    North America has been a significant market for Ultra-thin Glass, with the increasing adoption of advanced technologies and the presence of major players in the region. The growing demand for lightweight, flexible, and durable glass for use in smartphones, tablets, and other electronic devices, as well as in the automotive and construction industries, is expected to drive the demand for Ultra-thin Glass in the region. In addition, the rising focus on energy efficiency and sustainable building practices in the construction industry is expected to boost the demand for Ultra-thin Glass in the region.

    Therefore, North America may present growth opportunities for the Ultra-thin Glass market in the future. Moreover, the U.S. Ultra-thin Glass market held the largest market share, and the Canada Ultra-thin Glass market was the fastest-growing market in the North American region.

    Key Players and Competitive Insights

    Major market players are spending a lot of money on R&D to increase their product lines, which will help the Ultra-thin Glass market grow even more. Market participants are also taking a range of strategic initiatives to grow their worldwide footprint, with key market developments such as new product launches, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other organizations. Competitors in the Ultra-thin Glass industry must offer cost-effective items to expand and survive in an increasingly competitive and rising market environment.

    The major market players are investing a lot of money in R&D to expand their product lines, which will spur further market growth for Ultra-thin Glass. With significant market development like new product releases, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other organizations, market participants are also undertaking various strategic activities to expand their presence. To grow and thrive in a market climate that is becoming more competitive and growing, competitors in the Ultra-thin Glass industry must offer affordable products.

    Manufacturing locally to cut operating costs is one of the main business tactics manufacturers use in the Ultra-thin Glass industry to benefit customers and expand the market sector. Major Ultra-thin Glass market players, including SCHOTT, Nippon Electric Glass Co. Ltd., Taiwan Glass Ind. Corp., Nitto Boseki Co., Ltd., Corning Incorporated, Gentex Corporation, Central Glass Co., Ltd., Luoyang Glass Co. Ltd., Xinyi Glass Holdings Limited, Aeon Industries Corporation Ltd., Asahi Glass Co., Ltd., and others, are attempting to increase market demand by funding R&D initiatives.

    SCHOTT is a German-based company that specializes in developing, manufacturing, and supplying customized automation solutions for various industries, including healthcare, electronics, and automotive. The company offers a wide range of products and services, including automation systems, assembly and production systems, material handling systems, robotics, and inspection and testing systems. Its automation solutions are designed to help customers increase efficiency, reduce costs, and improve quality and productivity. In addition to its core business, SCHOTT is also committed to sustainability and social responsibility.

    The company has implemented various measures to reduce its carbon footprint, such as using renewable energy sources, optimizing its production processes, and promoting sustainable transportation.

    Nippon Electric Glass Ltd (NEG) is a Japanese company that specializes in the development and manufacturing of glass and glass-related products for various industries, including electronics, automotive, and solar energy. NEG offers a wide range of glass products and solutions, including flat glass, electronic display glass, optical glass, automotive glass, and solar glass. Its products are designed to meet the specific requirements of its customers, such as durability, transparency, and scratch resistance. The company also provides various services, such as product development, quality control, and technical support.

    Key Companies in the Ultra-Thin Glass Market market include

    Industry Developments

    December 2021: SCHOTT announced that vivo S12 Pro will feature the ultra-strong SCHOTT Xensation α cover glass.

    October 2021: Gentex Corporation announced the acquisition of a unique laminating technology that yields durable, lightweight, ultra-thin glass engineered for aircraft cabin partitions, mirrors and wood veneer applications.

    Future Outlook

    Ultra-Thin Glass Market Future Outlook

    The Ultra-thin Glass Market is projected to grow at 8.28% CAGR from 2024 to 2035, driven by advancements in technology, increasing demand in electronics, and sustainable packaging solutions.

    New opportunities lie in:

    • Develop innovative applications in flexible displays and wearables.
    • Invest in R&D for enhanced durability and thermal resistance.
    • Expand into emerging markets with tailored product offerings.

    By 2035, the Ultra-thin Glass Market is expected to achieve substantial growth, solidifying its position as a key industry player.

    Market Segmentation

    Ultra-thin Glass End-Use Outlook

    • Electrical & Electronics
    • Automotive

    Ultra-thin Glass Regional Outlook

    North America
    • US
    • Canada
    Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Rest of Europe
    Asia-Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Rest of Asia-Pacific
    Rest of the World
    • Middle East
    • Africa
    • Latin America

    Ultra-thin Glass Application Outlook

    • Touch Panel Display
    • Semiconductors

    Ultra-thin Glass Manufacturing Process Outlook

    • Float
    • Fusion

    Report Scope

    Report Attribute/Metric Details
    Market Size 2022 USD 13 Billion
    Market Size 2023 USD 19 Billion
    Market Size 2030 USD 30 Billion
    Compound Annual Growth Rate (CAGR) 9.00% (2023-2030)
    Base Year 2023
    Market Forecast Period 2024-2032
    Historical Data 2018 & 2020
    Market Forecast Units Value (USD Million)
    Report Coverage Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
    Segments Covered Manufacturing Process, Application, End Use, and Region
    Geographies Covered North America, Europe, Asia Pacific, and Rest of the World
    Countries Covered The U.S, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
    Key Companies Profiled SCHOTT, Nippon Electric Glass Co. Ltd., Taiwan Glass Ind. Corp., Nitto Boseki Co., Ltd., Corning Incorporated, Gentex Corporation, Central Glass Co., Ltd., Luoyang Glass Co. Ltd., Xinyi Glass Holdings Limited, Aeon Industries Corporation Ltd., Asahi Glass Co., Ltd
    Key Market Opportunities Rising demand in the fitness devices sector
    Key Market Dynamics Growing demand from the automotive industry

    Market Highlights

    Author
    Anshula Mandaokar
    Team Lead - Research

    Anshula Mandaokar holds an academic degree in Chemical Engineering and has been contributing to the field for more than 5 years. She has expertise in Market Research and Business Consulting and serves as a Team Lead for a reputed Market Research firm under the Chemicals and Materials domain spectrum. She has worked on multiple projects, generating explicit results in a quick turnaround time. Her understanding of data interpretation justifies her role as a leader.

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    FAQs

    How much is the Ultra-thin Glass market?

    The Ultra-thin Glass market size was valued at USD 13 Billion in 2022.

    What is the growth rate of the Ultra-thin Glass market?

    The market is projected to grow at a CAGR of 9.00% during the forecast period, 2023-2030.

    Which region held the largest market share in the Ultra-thin Glass market?

    Asia Pacific had the largest share in the Ultra-thin Glass market.

    Who are the key players in the Ultra-thin Glass market?

    The key players in the market are SCHOTT, Nippon Electric Glass Co. Ltd., Taiwan Glass Ind. Corp., Nitto Boseki Co., Ltd., Corning Incorporated, Gentex Corporation, Central Glass Co., Ltd., Luoyang Glass Co. Ltd., Xinyi Glass Holdings Limited, Aeon Industries Corporation Ltd., Asahi Glass Co., Ltd.

    Which manufacturing process led the Ultra-thin Glass market?

    The fusion category dominated the market in 2022.

    Which end-use had the largest market share in the market?

    The automotive had the largest share in the market for Ultra-thin Glass.

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