Ultra-Thin Glass Market Size, Share & Trends Analysis Report; By Application, (Flat Panel Displays, Semiconductors, Automotive Glazing); By Region, And Segment Forecasts, 2019 - 2025

Published: Nov, 2019 | Pages: 80 | Publisher: Grand View Research
Industry: Materials | Report Format: Electronic (PDF)

The global ultra-thin glass market size is anticipated to reach USD 27.74 billion by 2025, expanding at a CAGR 10.1% over the forecast period, according to a new report by Grand View Research, Inc. The demand for ultra-thin glass is increasing in semiconductors on account of superior characteristics such as light weight and optimum performance as compared to its counterparts.

In April 2019, Samsung Electronics announced investment of around USD 114.8 billion by 2030 in logic chips business. The ongoing investments in the semiconductor industry is likely to augment the product demand over the coming years.

Ultra-thin glass is gaining acknowledgement in solar industry for manufacturing of solar panels. Leoflex, an ultra-thin glass produced by AGC Inc. of thickness ranging from 0.85mm and 1.10mm is extensively used for solar panels. According to the International Renewable Energy Agency, the solar photovoltaic capacity installations increased by 24.4% from 2017 to 2018 and is expected to grow by 50% from 2019 to 2024. The rising capacity installations is likely to propel the demand for solar panels, which can positively impact on the demand for ultra-thin glass.

Asia Pacific was the largest segment for the market in 2018 on account of increasing government initiatives to propel the manufacturing sector in India and China. For instance, the USD 15.2 billion investment for production expansion announced by BOE Technology Group, a major display manufacturer in China, in March 2018 is expected to be majorly backed by the local government.

The market is highly consolidated and competitive in nature due to presence of multinational corporations. Also, manufacturing processes including down-draw and overflow are both technology and capital-intensive. These factors are anticipated to create barriers for new entrants over the forecast period.

Further Key Findings from the Report Suggest:

• Semiconductor segment is anticipated to register a CAGR of 10.3% in terms of volume, owing to increasing growth prospects in emerging technologies like autonomous driving and internet of things over the coming years.

• Asia Pacific is the fastest growing segment with a CAGR of 11.1% in terms of revenue due to presence of more than half of the global semiconductor and flat panel display fabrication plants in the region.

• North America is anticipated to witness a CAGR of 8.2%, in terms of volume, owing to increasing preference towards thinner automotive glazing in the region. In 2016, Saint-Gobain & Corning announced establishing a joint venture, which will manufacture automotive glazing solutions using ultra-thin glass.

• In June 2019, Pulp Studio, a glass manufacturer launched a new product named DermaGlass, a lightweight and durable ultra-thin glass with a thickness of 1.3mm. It is damage resistant and is used in exteriors, facades, and interior applications.

 Table of Contents

Chapter 1. Methodology and Scope
                    1.1. Market segmentation & scope
                    1.2. Market definition
                    1.3. Information procurement
                        1.3.1. Purchased database
                        1.3.2. GVR's internal database
                        1.3.3. Secondary sources & third-party perspectives
                        1.3.4. Primary research
                    1.4. Information analysis
                        1.4.1. Data analysis models
                    1.5. Market formulation & data visualization
                    1.6. Data validation & publishing
Chapter 2. Executive Summary
                    2.1. Market snapshot
Chapter 3. Ultra-Thin Glass Market Variables, Trends & Scope
                    3.1. Global ultra-thin glass market outlook
                    3.2. Penetration & growth prospect mapping
                    3.3. Industry value chain analysis
                        3.3.1. Raw material trends
                        3.3.2. Manufacturing trends
                        3.3.3. Sales channel analysis
                    3.4. Regulatory framework
                        3.4.1. Standard & compliances
                        3.4.2. Safety
                    3.5. Market dynamics
                        3.5.1. Market driver analysis
                        3.5.2. Market restraint analysis
                    3.6. Business environment analysis: ultra-thin glass market
                        3.6.1. Industry analysis - porter's
                        3.6.2. PESTEL analysis
Chapter 4. Ultra-Thin Glass Market: Application Estimates & Trend Analysis
                    4.1. Definition & Scope
                    4.2. Application Movement Analysis & Market Share, 2018 & 2025
                    4.3. Market size & forecasts and trend analysis, 2014 to 2025
                        4.3.1. Flat panel display
                            4.3.1.1. Market estimates & forecast, 2014 - 2025
                        4.3.2. Semiconductors
                            4.3.2.1. Market estimates & forecast, 2014 - 2025
                        4.3.3. Automotive glazing
                            4.3.3.1. Market estimates & forecast, 2014 - 2025
                        4.3.4. Others
                            4.3.4.1. Market estimates & forecast, 2014 - 2025
Chapter 5. Ultra-Thin Glass Market: Regional Estimates & Trend Analysis
                    5.1. Regional Market Snapshot
                    5.2. Market Size & Forecasts and Trend Analysis, 2014 to 2025
                    5.3. North America
                        5.3.1. Market estimates & forecast, 2014 - 2025
                        5.3.2. Market estimates & forecast, by application, 2014 - 2025
                        5.3.3. U.S.
                            5.3.3.1. Market estimates & forecast, 2014 - 2025
                            5.3.3.2. Market estimates & forecast, by application, 2014 - 2025
                    5.4. Europe
                        5.4.1. Market estimates & forecast, 2014 - 2025
                        5.4.2. Market estimates & forecast, by application, 2014 - 2025
                        5.4.3. Germany
                            5.4.3.1. Market estimates & forecast, 2014 - 2025
                            5.4.3.2. Market estimates & forecast, by application, 2014 - 2025
                    5.5. Asia Pacific
                        5.5.1. Market estimates & forecast, 2014 - 2025
                        5.5.2. Market estimates & forecast, by application, 2014 - 2025
                        5.5.3. China
                            5.5.3.1. Market estimates & forecast, 2014 - 2025
                            5.5.3.2. Market estimates & forecast, by application, 2014 - 2025
                        5.5.4. India
                            5.5.4.1. Market estimates & forecast, 2014 - 2025
                            5.5.4.2. Market estimates & forecast, by application, 2014 - 2025
                        5.5.5. South Korea
                            5.5.5.1. Market estimates & forecast, 2014 - 2025
                            5.5.5.2. Market estimates & forecast, by application, 2014 - 2025
                    5.6. Central & South America
                        5.6.1. Market estimates & forecast, 2014 - 2025
                        5.6.2. Market estimates & forecast, by application, 2014 - 2025
                        5.6.3. Brazil
                            5.6.3.1. Market estimates & forecast, 2014 - 2025
                            5.6.3.2. Market estimates & forecast, by application, 2014 - 2025
                    5.7. Middle East & Africa
                        5.7.1. Market estimates & forecast, 2014 - 2025
                        5.7.2. Market estimates & forecast, by application, 2014 - 2025
Chapter 6. Ultra-Thin Glass Market - Competitive Analysis
                    6.1. Key global players & recent developments & their impact on the industry
                    6.2. Vendor Landscape
                        6.2.1. List of manufacturers/suppliers
                        6.2.2. List of end-users
                    6.3. SWOT, for top 3 players
Chapter 7. Company profiles
                    7.1. AGC Inc.
                        7.1.1. Company overview
                        7.1.2. Financial performance
                        7.1.3. Product benchmarking
                        7.1.4. Strategic initiatives
                    7.2. Corning Incorporated
                        7.2.1. Company overview
                        7.2.2. Financial performance
                        7.2.3. Product benchmarking
                        7.2.4. Strategic initiatives
                    7.3. CSG Holding Co., Ltd.
                        7.3.1. Company overview
                        7.3.2. Financial performance
                        7.3.3. Product benchmarking
                        7.3.4. Strategic initiatives
                    7.4. Nippon Electric Glass
                        7.4.1. Company overview
                        7.4.2. Financial performance
                        7.4.3. Product benchmarking
                        7.4.4. Strategic initiatives
                    7.5. SCHOTT AG
                        7.5.1. Company overview
                        7.5.2. Financial performance
                        7.5.3. Product benchmarking
                        7.5.4. Strategic initiatives
                    7.6. Xinyi Glass
                        7.6.1. Company overview
                        7.6.2. Financial performance
                        7.6.3. Product benchmarking
                        7.6.4. Strategic initiatives
                    7.7. Luoyang Glass Company
                        7.7.1. Company overview
                        7.7.2. Financial performance
                        7.7.3. Product benchmarking
                        7.7.4. Strategic initiatives
                    7.8. Changzhou Almaden
                        7.8.1. Company overview
                        7.8.2. Financial performance
                        7.8.3. Product benchmarking
                        7.8.4. Strategic initiatives
                    7.9. Emerge Glass
                        7.9.1. Company overview
                        7.9.2. Financial performance
                        7.9.3. Product benchmarking
                        7.9.4. Strategic initiatives
                    7.10. Nippon Sheet Glass Co., Ltd
                        7.10.1. Company overview
                        7.10.2. Financial performance
                        7.10.3. Product benchmarking
                        7.10.4. Strategic initiatives

List of Tables

Table 1 Ultra-thin glass market estimates and forecasts, in flat panel displays, 2014 - 2025 (Million Square Meters) (USD Million)
Table 2 Ultra-thin glass market estimates and forecasts, in semiconductors, 2014 - 2025 (Million Square Meters) (USD Million)
Table 3 Ultra-thin glass market estimates and forecasts, in autmotive glazing, 2014 - 2025 (Million Square Meters) (USD Million)
Table 4 Ultra-thin glass market estimates and forecasts, in other applications, 2014 - 2025 (Million Square Meters) (USD Million)
Table 5 North America ultra-thin glass market estimates and forecasts, 2014 - 2025 (Million Square Meters) (USD Million)
Table 6 North America ultra-thin glass market estimates and forecasts, by application, 2014 - 2025 (Million Square Meters)
Table 7 North America ultra-thin glass market estimates and forecasts, by application, 2014 - 2025 (USD Million)
Table 8 U.S. ultra-thin glass market estimates and forecasts, 2014 - 2025 (Million Square Meters) (USD Million)
Table 9 U.S. ultra-thin glass market estimates and forecasts, by application, 2014 - 2025 (Million Square Meters)
Table 10 U.S. ultra-thin glass market estimates and forecasts, by application, 2014 - 2025 (USD Million)
Table 11 Europe ultra-thin glass market estimates and forecasts, 2014 - 2025 (Million Square Meters) (USD Million)
Table 12 Europe ultra-thin glass market estimates and forecasts, by application, 2014 - 2025 (Million Square Meters)
Table 13 Europe ultra-thin glass market estimates and forecasts, by application, 2014 - 2025 (USD Million)
Table 14 Germany ultra-thin glass market estimates and forecasts, 2014 - 2025 (Million Square Meters) (USD Million)
Table 15 Germany ultra-thin glass market estimates and forecasts, by application, 2014 - 2025 (Million Square Meters)
Table 16 Germany ultra-thin glass market estimates and forecasts, by application, 2014 - 2025 (USD Million)
Table 17 Asia Pacific ultra-thin glass market estimates and forecasts, 2014 - 2025 (Million Square Meters) (USD Million)
Table 18 Asia Pacific ultra-thin glass market estimates and forecasts, by application, 2014 - 2025 (Million Square Meters)
Table 19 Asia Pacific ultra-thin glass market estimates and forecasts, by application, 2014 - 2025 (USD Million)
Table 20 China ultra-thin glass market estimates and forecasts, 2014 - 2025 (Million Square Meters) (USD Million)
Table 21 China ultra-thin glass market estimates and forecasts, by application, 2014 - 2025 (Million Square Meters)
Table 22 China ultra-thin glass market estimates and forecasts, by application, 2014 - 2025 (USD Million)
Table 23 India ultra-thin glass market estimates and forecasts, 2014 - 2025 (Million Square Meters) (USD Million)
Table 24 India ultra-thin glass market estimates and forecasts, by application, 2014 - 2025 (Million Square Meters)
Table 25 India ultra-thin glass market estimates and forecasts, by application, 2014 - 2025 (USD Million)
Table 26 South Korea ultra-thin glass market estimates and forecasts, 2014 - 2025 (Million Square Meters) (USD Million)
Table 27 South Korea ultra-thin glass market estimates and forecasts, by application, 2014 - 2025 (Million Square Meters)
Table 28 South Korea ultra-thin glass market estimates and forecasts, by application, 2014 - 2025 (USD Million)
Table 29 Central & South America ultra-thin glass market estimates and forecasts, 2014 - 2025 (Million Square Meters) (USD Million)
Table 30 Central & South America ultra-thin glass market estimates and forecasts, application, 2014 - 2025 (Million Square Meters)
Table 31 Central & South America ultra-thin glass market estimates and forecasts, application, 2014 - 2025 (USD Million)
Table 32 Brazil ultra-thin glass market estimates and forecasts, 2014 - 2025 (Million Square Meters) (USD Million)
Table 33 Brazil ultra-thin glass market estimates and forecasts, by application, 2014 - 2025 (Million Square Meters)
Table 34 Brazil ultra-thin glass market estimates and forecasts, by application, 2014 - 2025 (USD Million)
Table 35 Middle East & Africa ultra-thin glass market estimates and forecasts, 2014 - 2025 (Million Square Meters) (USD Million)
Table 36 Middle East & Africa ultra-thin glass market estimates and forecasts, by application, 2014 - 2025 (USD Million)
Table 37 Middle East & Africa ultra-thin glass market estimates and forecasts, by application, 2014 - 2025 (Million Square Meters)

List of Figures

Fig. 1 Ultra-thin glass market segmentation
Fig. 2 Information procurement
Fig. 3 Data analysis models
Fig. 4 Market formulation and validation
Fig. 5 Data validation & publishing
Fig. 6 Ultra-thin glass market snapshot
Fig. 7 Global Ultra-thin glass market outlook, 2014 - 2025 (Million Square Meters) (USD Million)
Fig. 8 Ultra-thin glass market value chain analysis
Fig. 9 Ultra-thin glass market driver relevance analysis (current & future impact)
Fig. 10 Ultra-thin glass market restraint relevance analysis (current & future impact)
Fig. 11 Ultra-thin glass market PESTEL analysis
Fig. 12 Ultra-thin glass market Porter's analysis
Fig. 13 Ultra-thin glass market: Application movement analysis, 2018 & 2025
Fig. 14 Regional market snapshot
Fig. 15 Ultra-thin glass market: Regional movement analysis, 2018 & 2025