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Global Ultra-thin Glass Market (2020 to 2025) – Shorter Product Lifecycles of Consumer Electronics Presents Opportunities

Dublin, Feb. 11, 2021 (GLOBE NEWSWIRE) — The “Ultra-thin Glass Market by Thickness, Manufacturing Process (Float, Fusion, Down-Draw), Application (Semiconductor Substrate, Touch Panel Display, Fingerprint Sensor), End-use Industry, and Region – Global Forecast to 2025” report has been added to ResearchAndMarkets.com’s offering. The global ultra-thin glass market size is projected to grow from USD 7.8 billion in 2020 to USD 14.3 billion by 2025, at a CAGR of 13.0% between 2020 and 2025. The ultra-thin glass market is projected to register a CAGR of 13.0% during the forecast period. Ultra-thin glass is a low-thickness, special category glass that is lightweight, flexible, and has electrical conductivity and sensitivity. It is used in various applications in the consumer electronics, automotive & transportation, and medical & healthcare industries, among others. Ultra-thin glass can be majorly classified into technical or non-technical, depending on the processes used during manufacturing. However, the negative impact of the COVID-19 pandemic on the consumer electronics industry has affected the ultra-thin glass market adversely. 0.1mm-0.5mm thick ultra-thin glass is the fastest-growing segment in the ultra-thin glass market in terms of value. 0.1mm-0.5mm is projected to register the highest CAGR in terms of value between 2020 and 2025. 0.1mm-0.5mm thick ultra-thin glass has its applications in touch panel display, fingerprint sensor, a semiconductor substrate, vehicle infotainment system, and biotechnological devices. This ultra-thin glass is flat and has a smooth surface and excellent heat resistance. Float is the largest manufacturing process for ultra-thin glass in terms of value and volume. Sir Alastair Pilkington invented the float process for the British glass manufacturing company, Pilkington. Raw glass materials such as soda-lime and borosilicate are used to manufacture ultra-thin glass in this process. Additives such as colorants and refining agents are also added to enhance the physical and chemical properties of the glass. Touch Panel Display is the largest application of ultra-thin glass in terms of value. Touch Panel Displays are used in consumer electronics products. Touch panel displays are extensively used in smartphones, TVs, wearable devices, and signage. Ultra-thin glass used in touch panel displays helps in a weight reduction of the overall electronic product. The touch panel displays segment was the leading consumer of ultra-thin glass in 2019. This segment has grown substantially over the years owing to the increasing demand for smartphones and TVs. Digitalization has grown, and this growth is expected to drive the ultra-thin glass market in the touch panel displays application segment. Consumer electronics is the largest end-use industry of ultra-thin glass in terms of value and volume. The consumer electronics industry is witnessing continuous evolution owing to technological advancements (particularly in smartphones, wearable devices, and TVs). Ultra-thin glasses are widely used in consumer electronics for applications, such as displays and sensors. Properties such as electrical conductivity and sensitivity, transmissivity, and flexibility make it suitable for varied applications in this industry. Consumer electronics is the largest end-use industry of the ultra-thin glass market, and this trend is estimated to continue during the forecast period. APAC is the leading ultra-thin glass market in terms of value. APAC is the largest ultra-thin glass market in terms of value. The key reason for this growth includes the demand for ultra-thin glass in the consumer electronics industry in the region. The demand for ultra-thin glass in consumer electronics, and automotive & transportation industries is projected to grow due to product innovation and technological advancements. The growth of the market in this region is further boosted by improved technology solutions, superior properties, and increasing penetration in various end-use industries. Key Topics Covered: 1 Introduction 2 Research Methodology 3 Executive Summary 4 Premium Insights 4.1 Attractive Opportunities in the Ultra-Thin Glass Market4.2 Ultra-Thin Glass Market, by End-Use Industry and Region4.3 Ultra-Thin Glass Market, by End-Use Industry4.4 Ultra-Thin Glass Market, by Thickness4.5 Ultra-Thin Glass Market, by Application4.6 Ultra-Thin Glass Market, by Key Countries 5 Market Overview 5.1 Introduction5.2 Market Dynamics5.2.1 Drivers5.2.1.1 Increasing Use of Lightweight Materials to Enhance Energy Efficiency in Various Industries5.2.1.2 Growing Demand for Consumer Electronic Products Due to Improved Lifestyle5.2.2 Restraints5.2.2.1 Critical Manufacturing Processes of Ultra-Thin Glass5.2.2.2 Decrease in Demand for Ultra-Thin Glass Due to Covid-19 Pandemic5.2.3 Opportunities5.2.3.1 Shorter Product Lifecycles of Consumer Electronics5.2.3.2 Increasing Usage of Ultra-Thin Glass in Solar Panels5.2.4 Challenges5.2.4.1 High Breakeven Cost in New Application Areas5.2.4.2 Improving Durability of Ultra-Thin Glass Used in Foldable Smart-Phones5.3 Porter’s Five Forces Analysis5.3.1 Bargaining Power of Buyers5.3.2 Bargaining Power of Suppliers5.3.3 Threat of New Entrants5.3.4 Threat of Substitutes5.3.5 Intensity of Competitive Rivalry5.4 Value Chain Analysis 6 Macroeconomic Overview and Key Trends 6.1 Trends and Forecast of Gdp6.2 Trends in Consumer Electronics Industry 7 Ultra-Thin Glass Market, by Thickness 7.1 Introduction7.2 &lessThan;0.1mm7.2.1 Consumer Electronics Industry Driving Consumption of &lessThan;0.1mm Ultra-Thin Glass7.3 0.1mm-0.5mm7.3.1 Increasing Demand for 0.1mm-0.5mm Ultra-Thin Glass Due to Its Flexible Properties7.4 0.5mm-1.0mm7.4.1 Increasing Demand for 0.5mm-1.0mm Ultra-Thin Glass Witnessed from Medical & Biotechnology Industry 8 Ultra-Thin Glass Market, by Manufacturing Process 8.1 Introduction8.2 Float8.2.1 Float Process Enhances Physical and Chemical Properties of Ultra-Thin Glass8.3 Fusion8.3.1 Fusion Increasingly Used for its Cost-Effectiveness8.4 Down-Draw8.4.1 Down-Draw Process Proficient in Producing Flawless Surface 9 Ultra-Thin Glass Market, by Application 9.1 Introduction9.2 Touch Panel Display9.2.1 Ultra-Thin Glass Reduces Weight of Touch-Panel Display Devices9.3 Semiconductor Substrate9.3.1 Ultra-Thin Glass Used in Semiconductor Substrate Due to Its Electro-Conductivity and Lightweight Properties9.4 Fingerprint Sensor9.4.1 Need for Customer’s Data Privacy Has Increased Demand for Ultra-Thin Glass9.5 Others 10 Ultra-Thin Glass Market, by End-Use Industry10.1 Introduction10.2 Consumer Electronics10.2.1 Ultra-Thin Glass Increasingly Used in Smartphones and Other Electronic Devices10.2.2 Smartphones10.2.3 Televisions10.2.4 Wearable Devices10.3 Automotive & Transportation10.3.1 Lightweight Property of Ultra-Thin Glass to Drive Demand in Automotive & Transportation10.4 Medical & Healthcare10.4.1 APAC is Largest Market for Ultra-Thin Glass in Medical & Healthcare Industry10.5 Others 11 Ultra-Thin Glass Market, by Region11.1 Introduction11.2 North America11.3 Europe11.4 APAC11.5 Middle East & Africa (Mea)11.6 Latin America 12 Competitive Landscape 12.1 Introduction12.2 Competitive Leadership Mapping12.2.1 Visionary Leaders12.2.2 Dynamic Differentiators12.2.3 Emerging Companies12.2.4 Innovators12.3 Strength of Product Portfolio12.4 Business Strategy Excellence12.5 Market Ranking12.6 Revenue Analysis of Top Players12.7 Competitive Scenario12.7.1 New Product Launch12.7.2 Joint Venture12.7.3 Collaboration12.7.4 Partnership 13 Company Profiles13.1 Corning13.1.1 Business Overview13.1.2 Products Offered13.1.3 Recent Developments13.1.4 Swot Analysis13.1.5 Winning Imperatives13.1.6 Current Focus and Strategies13.1.7 Threat from Competition13.1.8 Right to Win13.2 Asahi Glass13.2.1 Business Overview13.2.2 Products Offered13.2.3 Recent Developments13.2.4 Swot Analysis13.2.5 Winning Imperatives13.2.6 Current Focus and Strategies13.2.7 Threat from Competition13.2.8 Right to Win13.3 Nippon Electric Glass13.3.1 Business Overview13.3.2 Products Offered13.3.3 Recent Developments13.3.4 Swot Analysis13.3.5 Winning Imperatives13.3.6 Current Focus and Strategies13.3.7 Threat from Competition13.3.8 Right to Win13.4 Schott Ag13.4.1 Business Overview13.4.2 Products Offered13.4.3 Recent Developments13.4.4 Swot Analysis13.4.5 Winning Imperatives13.4.6 Current Focus and Strategies13.4.7 Threat from Competition13.4.8 Right to Win13.5 Nippon Sheet Glass13.5.1 Business Overview13.5.2 Products Offered13.5.3 Swot Analysis13.5.4 Winning Imperatives13.5.5 Current Focus and Strategies13.5.6 Threat from Competition13.5.7 Right to Win13.6 Csg Holding13.6.1 Business Overview13.6.2 Products Offered13.6.3 Publisher View13.7 Central Glass Co., Ltd.13.7.1 Business Overview13.7.2 Products Offered13.7.3 Publisher View13.8 Xinyi Glass Holdings Limited13.8.1 Business Overview13.8.2 Products Offered13.8.3 Publisher View13.9 Changzhou Almaden Co., Ltd.13.9.1 Business Overview13.9.2 Products Offered13.9.3 Publisher View13.10 Air-Craftglass13.10.1 Business Overview13.10.2 Products Offered13.10.3 Recent Developments13.10.4 Publisher View13.11 Other Companies13.11.1 Emerge Glass13.11.2 Aviationglass & Technology13.11.3 Taiwan Glass13.11.4 China National Building Materials (Cnbm)13.11.5 Hilgenberg13.11.6 Noval Glass13.11.7 Runtai Industry13.11.8 Hoya (USA)13.11.9 Avanstrate13.11.10 Huihua Glass 14 Appendix 14.1 Discussion Guide14.2 Knowledge Store: Subscription Portal14.3 Available Customizations14.4 Related Reports14.5 Author Details For more information about this report visit https://www.researchandmarkets.com/r/1g660a CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager [email protected] For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900

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