The global glass substrate market is expected to grow at a compound annual growth rate (CAGR) of 4.67% during the forecast period (2024-2031). The increase in technological advancements is one of the key drivers for market growth. The rise of ultra-thin and flexible substrates is increasing day by day as the demand for foldable phones is also increasing in the market because these foldable devices sit into anyone’s pocket and transform into mini tablet when unfolded. Many of the advancements in glass processing like chemical strengthening, and ion exchange techniques in turn allow for the production of different types of glass sheets that can be as thin as of few micrometers, along with maintaining great strength and optical clarity. This sets off a possibility for foldable devices, wearable electronics, and many other flexible electronic devices.
Browse the full report description of “Glass Substrate Market Size, Share & Trends Analysis Report by Type(Borosilicate glass, Quartz glass, and Others(Ceramic Glass, Sapphire Glass, and many more)), and by End-Use Industry(Electronics, Consumer goods, Aerospace & Defense, Medical, and Others (Automotive, Solar energy)), Forecast Period (2024-2031)” at https://www.omrglobal.com/industry-reports/glass-substrate-market
For instance, in April 2022, Vivo launched its first folding phone, the Vivo X Fold. The foldable phone launched by vivo consists of SCHOTT’s high-performance glass. The Ultra-thin glass (UTG) provided by SCHOTT was very thin and was also break-resistant. SCHOTT’s flexible ultra-thin glass from the SCHOTT UTG product family is part of the new flagship phone’s internal display, Xensation ? (Alpha) cover glass that protects its external display, and Xensation Up. Which protects its ZEISS camera optics.
Market Coverage
• The market number available for – 2023-2031
• Base year- 2023
• Forecast period- 2024-2031
• Segment Covered-
o By Type
o By End-Use Industry
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape includes AGC Group, Corning Inc., LG Chem, Ltd., Nippon Electric Glass Co., Ltd., SCHOTT, and others.
Key questions addressed by the report
Global Glass Substrate Market Report Segment
By Type
By End-Use Industry
Global Glass Substrate Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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