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The global ultra-thin glass market size reached US$ 8.63 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 17.5 Billion by 2027 exhibiting a growth rate (CAGR) of 11.70% during 2022-2027.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Ultra-thin glass possesses minimal thickness and excellent barrier and scratch-resistant properties. It is used in camera systems, novel micro-batteries, processors, cover mirrors, substrates for flexible organic light-emitting diode (OLED) displays, fingerprint and biosensors of smartphones, etc. Ultra-thin glass is also employed in manufacturing batteries that secure the connection of small devices and sensors without the requirement of a central power supply. It offers various advantages, such as mechanical resistance, chemical consistency, superior optical quality, and temperature stability compared to metals, plastics, or silicon. As a result, ultra-thin glass finds widespread applications across several sectors, including consumer electronics, biotechnology, automotive, healthcare, etc.
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Ultra-thin Glass Market Trends and Drivers:
The escalating product demand in the semiconductor industry for transferring data from microchips at the highest transfer rates, owing to its high-frequency electrical properties, is primarily driving the ultra-thin glass market.
Besides this, the elevating requirement for this material in the automotive sector to design car interiors and sensors is further augmenting the market growth. Moreover, the increasing need for ultra-thin glass in solar devices to enhance the efficiency of the cell while raising the amount of trapping light and the growing popularity of intelligent wearables, such as fitness bands and smartwatches that require water, heat, and weather-resistant display are also catalyzing the global market.
Apart from this, the rising product requirement in producing electrochromic windows used in residential and non-residential industries is anticipated to propel the ultra-thin glass market over the forecasted period.
Ultra-thin Glass Market Report Scope
Revenue forecast, company ranking, competitive landscape, growth factors, and trends
Thickness type, Manufacturing process, Application and End use industry.
North America, Europe, Asia-Pacific, Latin America, Middle East and Africa
AGC Inc., Central Glass Co. Ltd., Changzhou Almaden Co. Ltd., Corning Incorporated, CSG Holding Limited, Emerge Glass India Pvt. Ltd., Fraunhofer FEP, Nippon Electric Glass Co. Ltd., Nippon Sheet Glass Co. Ltd, Noval Glass Goup Ltd., Schott AG (Carl-Zeiss-Stiftung) and Taiwan Glass Industry Corporation.
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
The report has been segmented the market into following categories:
Breakup by End Use Industry:
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List of Major Key Players:
The major players in the market are AGC Inc., Central Glass Co. Ltd., Changzhou Almaden Co. Ltd., Corning Incorporated, CSG Holding Limited, Emerge Glass India Pvt. Ltd., Fraunhofer FEP, Nippon Electric Glass Co. Ltd., Nippon Sheet Glass Co. Ltd, Noval Glass Goup Ltd., Schott AG (Carl-Zeiss-Stiftung) and Taiwan Glass Industry Corporation.
Key highlights of the report:
Market Performance (2016-2021) Market Outlook (2022- 2027) Porter’s Five Forces Analysis Market Drivers and Success Factors WOT Analysis Value Chain Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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