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Ultra-Thin Glass Market size was USD 13.5 million in 2023 and will grow at a CAGR of 11.3% from 2024 to 2032. The industry share by volume is projected to observe around 10.6% CAGR over the forecast period to reach 1,897.98 million sq. feet by 2028.
An ultra-thin glass refers to a glass, which is thinner than 2mm. This glass comes in ultra-clear, borosilicate, non-glare, anti-reflective, and other forms. Lightweight, wide range of compositions, scratch resistance, and flexibility are some of the common attributes of ultra-thin glass.
Growing demand for consumer electronics is expected to bolster the ultra-thin glass market growth. LCDs & OLEDs TVs, touchscreen touch modules, solar panels, semiconductors, and other consumer electrical items require ultra-thin glass. Furthermore, electronic items are being upgraded at a faster rate, rendering older versions obsolete.
Report Attribute | Details |
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Base Year: | 2023 |
Ultra-Thin Glass Market Size in 2023: | USD 13.5 Billion |
Forecast Period: | 2024 to 2032 |
Forecast Period 2024 to 2032 CAGR: | 11.3% |
2032 Value Projection: | USD 17.7 Billion |
Historical Data for: | 2018 to 2023 |
No. of Pages: | 150 |
Tables, Charts & Figures: | 191 |
Segments covered: | Type, Application, End-use, Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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Manufacturers of ultra-thin glasses will benefit from advancements in science and technology in the electronics sector. In the electronics business, extensive research on flexible phones, screens, and tiny batteries is anticipated to accelerate product acceptance. Furthermore, Growth in the global semiconductor & solar energy sectors will boost the demand for ultra-thin glasses.