Global Ultra-thin Glass Market is valued approximately at USD 6.9 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 13.0% over the forecast period 2020-2027.
The latest report pertaining to Global Ultra-thin Glass Market provides a detailed analysis regarding market size, revenue estimations and growth rate of the industry. In addition, the report illustrates the major obstacles and newest growth strategies adopted by leading manufacturers who are a part of the competitive landscape of this market.
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Market Analysis of Global Ultra-thin Glass –
The ultra-thin glass is a high-end glass which is thinner than a human hair strand. The thinner size of the glass is advantageous to use over other materials plastics as it offers superior optical quality, chemical consistency and mechanical resistance. The major factors driving the growth of the market are increasing demand for touch panel display and other electronic products. Increasing demand for electronic devices such as LCEDs, LCDS, OLEDs, laptops, Monitor and smartphones is expected to boost the utilization of flat display panels. As In July 2018, Hongmi Note 5, a new smartphone by Xiaomi was Launched in South Korea.
The country uses tempered ultrathin glass of 0.3mm thickness. Along with the smartphones, smartwatches are also becoming popular and are witnessing increased share in the wearables industry. As in 2018, the smartwatch shipment for Apple accounted for 5.5 million units, for Fitbit is was 5.3 million units, and Samsung accounted for 3.2 million units. The increased production of smartphones and smartwatches is likely to augment the market growth. However, critical manufacturing process and huge capital investment impedes the growth of the market over the forecast period of 2020-2027.
The regional analysis of global Ultra-thin Glass market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the high penetration of electronics in the region. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as rising electronics manufacturing and increasing manufacturing facilities would create lucrative growth prospects for the Ultra-thin Glass market across Asia-Pacific region.
Major market player included in this report are:
Nippon Electric Glass
Nippon Sheet Glass
China Southern Glass (CSG) Holding
Central Glass Co., Ltd
Xinyi Glass Holdings Limited
Changzhou Almaden Co., Ltd
VON ARDENNE GmbH
The detailed segments and sub-segment of the market are explained below:
By Manufacturing Process:
Touch Panel Display
By End-use Industry:
Rest of the World
Table Of Content :
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
1.2.1. Ultra-thin Glass Market, by Region, 2018-2027 (USD Billion)
1.2.2. Ultra-thin Glass Market, by Thickness, 2018-2027 (USD Billion)
1.2.3. Ultra-thin Glass Market, by Manufacturing Process, 2018-2027 (USD Billion)
1.2.4. Ultra-thin Glass Market, by Application, 2018-2027 (USD Billion)
1.2.5. Ultra-thin Glass Market, by End-Use Industry, 2018-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Ultra-thin Glass Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Ultra-thin Glass Market Dynamics
3.1. Ultra-thin Glass Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Ultra-thin Glass Market: Industry Analysis
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