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Glass Substrates - Global Market Trajectory & Analytics

  • ID: 4805032
  • Report
  • April 2021
  • Region: Global
  • 290 Pages
  • Global Industry Analysts, Inc
Global Glass Substrates Market to Reach $2.2 Billion by 2027

Amid the COVID-19 crisis, the global market for Glass Substrates estimated at US$1.6 Billion in the year 2020, is projected to reach a revised size of US$2.2 Billion by 2027, growing at a CAGR of 4.6% over the analysis period 2020-2027. Borosilicate, one of the segments analyzed in the report, is projected to record a 5.2% CAGR and reach US$847.5 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Silicon segment is readjusted to a revised 4.6% CAGR for the next 7-year period.

The U.S. Market is Estimated at $440.1 Million, While China is Forecast to Grow at 7.1% CAGR

The Glass Substrates market in the U.S. is estimated at US$440.1 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$453.1 Million by the year 2027 trailing a CAGR of 7.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.5% and 4.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2.8% CAGR.

Ceramic Segment to Record 3.8% CAGR

In the global Ceramic segment, USA, Canada, Japan, China and Europe will drive the 3.5% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$218 Million in the year 2020 will reach a projected size of US$276.7 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$294.1 Million by the year 2027, while Latin America will expand at a 4.8% CAGR through the analysis period.

Select Competitors (Total 41 Featured):
  • Asahi Glass Co., Ltd.
  • Corning, Inc.
  • Hoya Corporation
  • LG Chem
  • Nippon Sheet Glass Co., Ltd.
  • Plan Optik AG
  • The Tunghsu Group
Frequently Asked Questions about the Global Market for Glass Substrates

What is the estimated value of the Global Market for Glass Substrates?

The Global Market for Glass Substrates was estimated to be valued at $1.6 Billion in 2020.

What is the growth rate of the Global Market for Glass Substrates?

The growth rate of the Global Market for Glass Substrates is 4.7%, with an estimated value of $2.2 Billion by 2027.

What is the forecasted size of the Global Market for Glass Substrates?

The Global Market for Glass Substrates is estimated to be worth $2.2 Billion by 2027.
Note: Product cover images may vary from those shown

  • Influencer Market Insights
  • World Market Trajectories
  • Rising Use of Glass Substrate in Consumer Electronics Products Sustains Market Growth
  • Competition
  • Exhibit 1: Global Glass Substrate Market: Percentage Breakdown of Sales by Leading Players for 2019E
  • Exhibit 2: High Purity Glass Substrate Market in Southeast Asia: Percentage Breakdown of Sales by Leading Players for 2019E
  • Exhibit 3: Global Silicon Nitride Substrate Market: Percentage Breakdown of Sales by Leading Players for 2019E
  • Exhibit 4: Global Ceramic Substrate Market: Percentage Breakdown of Sales by Leading Players for 2019E
  • Impact of Covid-19 and a Looming Global Recession
  • Glass Substrate in Semiconductor Market: Tremendous Potential for Growth
  • Rapidly Growing Semiconductor Industry Presents Opportunities for Glass Substrate Market
  • Exhibit 5: Global Semiconductor Industry Sales Revenues in US$ Billion for the Years 2010 through 2019
  • Glass Substrate Leading Innovations in Semiconductor Packaging Technologies
  • AGC Develops New Glass Substrate for Semiconductor Packaging
  • Use of Photosensitive Glass in Photolithography: Emerging as a Vital Tool in Semiconductor Industries
  • Display Glass Substrate Market: Benefiting from Increasing Use in Consumer Durables, Smart Devices and Automotive Applications
  • Exhibit 6: Global Flat Panel Display Glass Substrate Market: Percentage Breakdown of Sales by Application for 2019E
  • LCD Glass Substrates - Surging Electronic Devices Market Fuels Growth
  • Expanding Use of LCD Displays in Varied Applications Augurs Well for LCD Glass Substrate Market
  • Exhibit 7: Global Terminal LCD Displays Market Revenues in $ Billion for the Years 2017, 2019, 2021, 2023 and 2025
  • Growing Sales of Consumer Electronics Devices Against the Backdrop of Rising Demand for Handheld Devices Fuels Glass Substrates Market
  • Exhibit 8: Global Consumer Electronics Market: Revenues in US$ Billion for the Years 2019, 2021, 2023 and 2025
  • Corning Unveils Astra Glass Substrate for 8K Displays and High-Performance Devices
  • Silicon Wafer Market: Strong Growth Outlook
  • Exhibit 9: Global Silicon Wafer Market: Percentage Breakdown of Revenue by Type for 2019 and 2025
  • Ceramic Substrate Market: Growing Use of Ceramic Substrates as Alternative to Metals and Alloys Favors Growth
  • High Purity Quartz: Rising Demand from Solar and Semiconductor Sectors Spurs Market Growth
  • HF Etched Glass Substrates: Designed to Create Improved Thin-Film Solar Cells
  • Flexible Glass Substrates: Enabling Thinner, Lighter and Flexible Electronics Products
  • Research Develops Flexible Glass Substrate for Organic Printed Electronics and Solar Cells
  • Consortium Creates Bendable Glass for Organic Electronics
  • Ultra-Thin Glass Substrate Market: Driven by Strong Sales of Consumer Electronics Products
  • Glass Substrate
  • Borosilicate Glass
  • Silicon Substrate or Silicon Wafer
  • Ceramic Substrate
  • Fused Silica/Quartz Substrate

  • Active Players in United States
  • Active Players in Canada
  • Active Players in Japan
  • Active Players in China
  • Active Players in France
  • Active Players in Germany
  • Active Players in Italy
  • Active Players in United Kingdom
  • Active Players in Spain
  • Active Players in Russia
  • Active Players in Australia
  • Active Players in India
  • Active Players in South Korea
  • Active Players in Brazil
  • Active Players in Mexico
  • Active Players in Israel
  • Active Players in United Arab Emirates

  • Total Companies Profiled: 41
Note: Product cover images may vary from those shown