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Glass Substrate Market Report
Glass Substrate Market is Segmented by Type (Borosilicate-Based Glass Substrates, Silicon-Based Glass Substrates, Ceramic-Based Glass Substrates, Fused Silica-/Quartz-Based Glass Substrates, and Others), by End-Use Industry Type ...
Impact of COVID-19 on Glass Substrate Market
Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.
Note: The summary below might not have included insights on covid impact since we have large number of reports.
Glass Substrate Market is likely to witness an impressive CAGR of 6.2% during the forecast period. The growing use of LCDs, smartphones, applications in automobiles, and the development of semiconductors and electronics industries are driving the glass substrate market globally.
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Glass Substrate Market - Snapshot |
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Growth |
6.2% for the next five years |
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Major Type |
Borosilicate-based glass substrates |
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Dominant End-Use Industry Type |
Electronics industry |
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Region with the highest demand |
Asia-Pacific |
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Key Players |
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, and The Tunghsu Group. |
On the basis of type, the market is segmented as borosilicate-based glass substrates, silicon-based glass substrates, ceramic-based glass substrates, fused silica-/quartz-based glass substrates, and others. Borosilicate-based glass substrates find wide applications owing to their remarkable properties, such as elevated chemical-resistance, low coefficient of thermal expansion, and increased surface strength.
Based on the end-use industry type, the market is segmented as electronics, automotive, medical, aerospace & defense, and solar power. The electronics industry is the largest application and offers substantial growth opportunities in the coming five years owing to the increased use in various electronics manufacturing.
In terms of regions, Asia-Pacific is expected to be the largest and highest-growing market for glass substrates in the coming five years. China and India are the growth engines of the region. This growth is attributed to the presence of a large number of electronics manufacturing companies in the region. North America and Europe also offer sizeable growth opportunities during the forecast period.
Glass substrate is also quite often referred to as raw glass and is mainly glass plies. These are used in the fabrication process of glass units.
Glass substrate is available in different types such as borosilicate-based, silicon-based, ceramic-based, and others.
Glass substrate is used in a number of industries such as electronics, automotive, medical, aerospace, and solar power.
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
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Glass Substrate Market Report - Features |
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Market Segmentation |
3 |
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Regions Covered |
5 |
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Countries/Sub-Regions Covered |
15 |
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No. of Figures & Tables |
>150 |
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Company Profiles |
10 |
The glass substrate market is segmented into the following categories.
Some of the glass substrate manufacturers are-
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Market Segmentation
Competitive Benchmarking
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com
Glass substrate is also quite often referred to as raw glass and is mainly glass plies. These are used in the fabrication process of glass units. Glass substrate is available in different types such as borosilicate-based, silicon-based, ceramic-based, and others. Glass substrate is used in a number of industries such as electronics, automotive, medical, aerospace, and solar power.
Glass Substrate Market is likely to witness an impressive CAGR of 6.2% during the forecast period. The growing use of LCDs, smartphones, applications in automobiles, and the development of semiconductors and electronics industries are driving the glass substrate market globally.
In terms of regions, Asia-Pacific is expected to be the largest and highest-growing market for glass substrates in the coming five years.
Some of the glass substrate manufacturers are 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, and The Tunghsu Group.
Electronics industry is dominant end-use industry in the glass substrate market.
The growing use of LCDs, smartphones, applications in automobiles, and the development of semiconductors and electronics industries are the factors driving the growth of glass substrate market.
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