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Market Leader - Ultra-Thin Glass Market

The ultra-thin glass market is projected to reach USD 16.99 Billion by 2022, at a CAGR of 11.8% from 2017 to 2022. Increasing demand for ultra-thin glass from the consumer electronics segment has led to the growth of ultra-thin glass market. Ultra-thin glass is used as cover glass, displays, and sensors in the consumer electronics industry. Major end-use industries of ultra-thin glass include consumer electronics, automotive, and biotechnology.

Major companies operating in the ultra-thin glass market include Corning (US), Asahi Glass (Japan), Nippon Electric Glass (Japan), CSG Holding (China), SCHOTT (Germany), Nippon Sheet Glass (Japan), Central Glass (Japan), Xinyi Glass (China), Nittobo (Japan), Luoyang Glass (China), Changzhou Almaden (China), Air-Craft glass (The Netherlands), Emerge Glass (India), AviationGlass & Technology (Netherlands), AEON Industries (China), and Suzhou Huadong Coating Glass (China). These companies have principal operations in the Asia Pacific, North American, and European regions. They are undertaking organic and inorganic expansion strategies to increase their market shares. New product development is an essential strategy in this market to cater exclusive and competitive products to the end-use industries.

Corning (US) is the leading manufacturer of ultra-thin glass. The company has a presence in North America, Asia Pacific, and Europe among others. The company is primarily focusing on the organic growth strategies, such as new product development & launches and expansions to enhance its product portfolio. In 2016, Corning launched Gorilla Glass 5 to respond to meet customer demand for optical clarity, touch sensitivity, and damage resistance. This strategy has improved the position of the company in the market.

Asahi Glass (Japan) is another leading manufacturer of ultra-thin glass. The company has strong product offerings and major industry coverage across regions such as Asia Pacific and Europe. Asahi Glass is one of the few companies that offer chemically strengthened glass, which is used in solar PV modules and lighting devices applications. Also, the company caters an alkali-free aluminosilicate glass substrate for TFT-LCD displays and OLED displays applications.

Related Reports:

Ultra-Thin Glass Market by Manufacturing Process (Fusion, Float), Thickness (<0.1mm, 0.1-0.5mm, 0.5–1.0mm, 1.0–1.2mm), Application (Semiconductor Substrate, Touch Panel Displays, Fingerprint Sensors), End-Use Industry, Region - Global Forecast to 2022

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