The ultra-thin glass market is projected to reach USD 16.99 billion by 2022 The ultra-thin glass market is projected to grow from USD 9.73 billion in 2017 to USD 16.99 billion by 2022, at a CAGR of 11.8% during the forecast period. The rising demand for lightweight and energy efficient materials in the electronics industry are the key factors anticipated to drive the growth of this market. However, the high manufacturing cost of ultra-thin glass is expected to restrict the growth of the market.
Based on application, the fingerprint sensors segment is expected to grow at the highest CAGR during the forecast period The fingerprint sensors application segment of the ultra-thin glass market is expected to grow at the highest CAGR during the forecast period. Ultra-thin glass has high electrical conductivity and sensitivity, which makes it suitable for fingerprint sensors application.
Based on end-use industry, the consumer electronics segment is expected to grow at the highest CAGR during the forecast period The consumer electronics segment of the ultra-thin glass market is expected to grow at the highest CAGR during the forecast period. The ultra-thin glass is widely used in applications such as displays and sensors in the consumer electronics industry.
The ultra-thin glass market in Asia Pacific is projected to grow at the highest CAGR during the forecast period The ultra-thin glass market in the Asia Pacific region is expected to grow at the highest CAGR from 2017 to 2022.The increasing demand for ultra-thin glass from the consumer electronics industry in China and Japan is anticipated to drive the growth of the market in this region.
In addition, growing e-commerce activities in Asia Pacific is fueling the growth of the ultra-thin glass market in this region.
Breakdown of profiles of primary participants: • By Company Type: Tier 1 – 40%, Tier 2 – 50%, and Tier 3 - 10% • By Designation: Director Level - 30%, C Level - 30%, and Others – 40% • By Region: Asia Pacific - 30%, North America - 30%, Europe – 20%, Middle East & Africa - 10%, and Latin America – 10%
As part of the qualitative analysis, this report provides a comprehensive overview of major market drivers, restraints, opportunities, and challenges. It also discusses competitive leadership mapping and strategies adopted by key market players, such as Corning (US), Asahi Glass (Japan), Nippon Electric Glass (Japan), CSG Holding (China), SCHOTT (Germany), Nippon Sheet Glass (Japan), Central Glass (Japan), Xinyi Glass (China), Nittobo (Japan), Luoyang Glass (China), Changzhou Almaden (China), Air-Craftglass (Netherlands), Emerge Glass (India), AviationGlass & Technology (Netherlands), AEON Industries (China), and Suzhou Huadong Coating Glass (China).
Research Coverage: The report provides an analysis of the ultra-thin glass market across different regions, such as Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa.It aims at estimating the market size and growth potential of various market segments based on manufacturing process, thickness, application, and end-use industry.
Furthermore, the report also includes an in-depth competitive analysis of key players in the market, in addition to company profiles, recent developments, and key market strategies.
Reasons to buy this report:
This report covers the following key aspects: • Market size by 2022 and market growth rate • Key factors expected to drive the market • Challenges that impact market growth • Key players operating in the market
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