Global Glass Substrate Market 2024-2028
The glass substrate market is forecasted to grow by USD 489.7 mn during 2023-2028, accelerating at a CAGR of 4.83% during the forecast period. The report on the glass substrate market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing adoption of glass fiber composites in automobiles, rise in use of glass substrates for aerospace and defense applications, and surging demand for consumer electronics.
Technavio's glass substrate market is segmented as below:
By End-user
- Electronics
- Automotive
- Medical
- Solar
- Aerospace and defense
By Geography
- APAC
- North America
- Europe
- South America
- Middle East and Africa
This study identifies the adoption of glass substrates in solar power-generating plants as one of the prime reasons driving the glass substrate market growth during the next few years. Also, increasing focus of vendors on product innovations and growing number of mergers and acquisitions among vendors will lead to sizable demand in the market.
The report on the glass substrate market covers the following areas:
- Glass substrate market sizing
- Glass substrate market forecast
- Glass substrate market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading glass substrate market vendors that include AGC Inc., Apogee Enterprises Inc, Corning Inc., DuPont de Nemours Inc., HOYA CORP., IRICO Group New Energy Co. Ltd., Kyodo International Inc., Laseroptik GmbH, MTI Corp., Nippon Sheet Glass Co. Ltd., NOVA Electronic Materials LLC, Ohara Inc., Otto Chemie Pvt. Ltd., Plan Optik AG, SCHOTT AG, Shilpa Enterprises, Shin Etsu Chemical Co. Ltd., Solaronix SA, Techinstro Industries, and Vedanta Ltd.. Also, the glass substrate market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.