Glass Substrate Market Global Scenario, Market Size, Outlook, Trend and Forecast, 2017 – 2026

Global glass substrate market is expected to experience a compound annual growth rate (CAGR) of 6.1%, from 2018 to 2026. Glass substrates are primarily used in the manufacturing of lightweight handheld devices such as smartphones and tablets and manufacturing of flat panel displays. Rapid development across semiconductor industry raising the demand for different size of LCDs has led to the tremendous growth of glass substrate. Increasing demand for smart hand held devices such as smart phones and other consumer durables is the major factor driving the glass substrate market globally. Also, the demand of glass substrate across automobile industry is also expected to boost the market in the coming years.

Global glass substrate market is segmented into: the type, the applications and the geography. Under the scope of by type, Borosilicate-based Glass Substrates, Silicon-based Glass Substrates, Ceramic-based Glass Substrates, Fused Silica/Quartz-based Glass Substrates and Others (Soda-lime and Aluminosilicate-based Glass Substrates) has been covered. By application, the scope is Electronics, Automotive, Medical, Aerospace & Defense and Solar. Electronics and automotive are expected to be the pioneering segment in the global glass substrate market as the demand is expected to witness huge surge during the forecast period. Self-driving cars or autonomous cars as well as airplanes are expected use this technology for head up displays. Aerospace & defense is expected to be the opportunistic application area in the future where demand for glass substrate is expected to rise.

In addition, North America, Europe, Asia Pacific and Rest of the World (RoW) is covered under the scope of the geography segment. Asia Pacific is expected to be the largest market as China, Korea and India combined acquires more than half of the electronics market globally. Growth is also expected more in this region as more than half of the global population lives here.

The key players in the global glass substrate market are LG Chem (South Korea), Nippon Sheet Glass (Japan), Plan Optik (Germany), HOYA Corporation (Japan), AGC (Japan), SCHOTT (Germany), Corning Inc. (US), OHARA Inc. (Japan), IRICO Group New Energy Company Limited (China), and The Tunghsu Group (China) among others. New manufacturing facilities development is a key strategy adopted by most of the key players as the demand from different end-user industries is growing at a rapid pace. For example, Corning Incorporated launched its new production facility of Gen 10.5 LCD glass substrate in May 2018, and this is co-located with the BOE Technology Group Co. Ltd.’s plant in Anhui Province, China.

The Highlights of the Global Glass Substrate Market Report

• The detailed analysis of Glass Substrate Market with respect to key segments such as type, application and geography has been included in the report
• The report comprises the qualitative and quantitative analysis of the market with market estimation over 2017 – 2026 and CAGR between 2018 and 2026
• Comprehensive analysis of market dynamics including growth factors, restraining factors and opportunities will be provided in the report
• An exhaustive regional and country wise analysis of Glass Substrate Market has been covered in the report
• Profile of the major key players operating in the global Glass Substrate Market will be provided, with a detailed study on their key financials, product & services, new developments, and business strategies

Scope of the Global Glass Substrate Market

Segments by Type:

• Borosilicate-based Glass Substrates
• Silicon-based Glass Substrates
• Ceramic-based Glass Substrates
• Fused Silica/Quartz-based Glass Substrates
• Others (Soda-lime and Aluminosilicate-based Glass Substrates)

Segments by End-Use Industry:

• Electronics
• Automotive
• Medical
• Aerospace & Defense
• Solar

Segments by Geography/ Region:

•    North America
o    The U.S.
o    Canada
o    Mexico

•    Europe
o    Germany
o    France
o    UK
o    Italy
o    Russia
o    Rest of Europe

•    Asia Pacific
o    China
o    Japan
o    India
o    South Korea
o    Taiwan
o    Rest of Asia Pacific

•    Rest of the World (RoW)

•    South America
o    Brazil
o    Argentina
o    Rest of South America

•    Middle East

•    Africa