Market Insights
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
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6.2% for the next five years
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Major Type
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Borosilicate-based glass substrates
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Dominant End-Use Industry Type
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Electronics industry
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Region with the highest demand
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Asia-Pacific
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Key Players
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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.
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Segments' Analysis
Glass Substrate Market Share: By Type
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.
Glass Substrate Market Share: By End-Use Industry Type
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.
Glass Substrate Market Share: By Region
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.
Market Scope & segmentation
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
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3
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Regions Covered
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5
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Countries/Sub-Regions Covered
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15
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No. of Figures & Tables
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>150
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Company Profiles
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10
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The glass substrate market is segmented into the following categories.
Glass Substrate Market Size, Share & Forecast, by Type:
- Borosilicate-Based Glass Substrates (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Silicon-Based Glass Substrates (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Ceramic-Based Glass Substrates (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Fused Silica-/Quartz-Based Glass Substrates (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Glass Substrate Market Size, Share & Forecast, by End-Use Industry Type:
- Electronics (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Automotive (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Medical (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Aerospace & Defense (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Solar Power (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Glass Substrate Market Size, Share & Forecast, by Region:
- North America (Country Analysis: the USA, Canada, and Mexico)
- Europe (Country Analysis: Germany, France, the UK, Russia, and Rest of Europe)
- Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
- Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)
Research Methodology
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.
Report Customization Options
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
- Detailed profiling of additional market players (up to 3 players)
- SWOT analysis of key players (up to 3 players)
Market Segmentation
- Current market segmentation of any one of the types by end-use industry type.
Competitive Benchmarking
- Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances
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
