Glass Substrate Market to record USD 616.14 Mn growth — 45% growth to originate from APAC

The report offers an up-to-date analysis of the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the increasing adoption of glass fiber composites in automobiles. The study also identifies the adoption of glass substrates in solar power-generating plants, the growth and expansion of various end-user industries, and the surge in applications in the electrical and electronics industry as other reasons driving the glass substrate market growth over the next few years.

The global glass substrate market is characterized by intense competition and is moderately fragmented due to the presence of many multinational and local vendors. The global glass substrate market depends on many major end-user industries, such as electronics, aerospace, and automotive. Therefore, the slow growth or decline in the growth of these industries will also have a negative effect on the growth of the vendors in the global glass substrate market. Technological developments are anticipated to fuel the adoption of glass substrates during the forecast period, as the major focus of the existing players in the market is to offer technologically advanced recycling methods for glass substrates. Local vendors use technologies to strengthen their presence in the market. Most market vendors invest heavily in R&D to attract customers through product innovations, which is expected to lead to moderate competition among the market vendors during the forecast period.

The report analyzes the market by end-user (electronic display panels, automotive, medical, solar, and aerospace and defense) and geography (APAC, North America, Europe, South America, and the Middle East and Africa).

The electronic display panels segment will account for the largest share of the market. The wider use of glass substrates in various applications, such as semiconductors, displays, telecommunications devices, and electronic components is driving the growth of the segment.

By region, APAC is expected to emerge as the major market, occupying 45% of the global market share. The growth of the regional market is driven by the increasing production and sales of electronic devices and automobiles. In addition, the rising disposable incomes of consumers and the expanding middle-class population are expected to foster the growth of the glass substrate market in APAC during the forecast period.

This report 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

The glass substrate market covers the following areas:

Companies Mentioned

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
Vedanta Ltd.

Related Reports:

Glass Substrate Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 5.92%

Market growth 2022-2026

USD 616.14 million

Market structure

Fragmented

YoY growth (%)

5.0

Regional analysis

APAC, North America, Europe, South America, and Middle East and Africa

Performing market contribution

APAC at 45%

Key consumer countries

US, China, Japan, Germany, and UK

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

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.

Market Dynamics

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.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Key Topics Covered:

1 Executive Summary

1.1 Market overview

Exhibit 01: Executive Summary – Chart on Market Overview
Exhibit 02: Executive Summary – Data Table on Market Overview
Exhibit 03: Executive Summary – Chart on Global Market Characteristics
Exhibit 04: Executive Summary – Chart on Market by Geography
Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
Exhibit 06: Executive Summary – Chart on Incremental Growth
Exhibit 07: Executive Summary – Data Table on Incremental Growth
Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem

Exhibit 09: Parent market
Exhibit 10: Market Characteristics

3 Market Sizing

3.1 Market definition

Exhibit 11: Offerings of vendors included in the market definition

3.2 Market segment analysis

Exhibit 12: Market segments

3.3 Market size 2021

3.4 Market outlook: Forecast for 2021-2026

Exhibit 13: Chart on Global – Market size and forecast 2021-2026 ($ million)
Exhibit 14: Data Table on Global – Market size and forecast 2021-2026 ($ million)
Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

4.1 Five forces summary

Exhibit 17: Five forces analysis – Comparison between 2021 and 2026

4.2 Bargaining power of buyers

Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

4.3 Bargaining power of suppliers

Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

4.4 Threat of new entrants

Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

4.5 Threat of substitutes

Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

4.6 Threat of rivalry

Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

4.7 Market condition

Exhibit 23: Chart on Market condition – Five forces 2021 and 2026

5 Market Segmentation by End-user

5.1 Market segments

Exhibit 24: Chart on End-user – Market share 2021-2026 (%)
Exhibit 25: Data Table on End-user – Market share 2021-2026 (%)

5.2 Comparison by End-user

Exhibit 26: Chart on Comparison by End-user
Exhibit 27: Data Table on Comparison by End-user

5.3 Electronics – Market size and forecast 2021-2026

Exhibit 28: Chart on Electronics – Market size and forecast 2021-2026 ($ million)
Exhibit 29: Data Table on Electronics – Market size and forecast 2021-2026 ($ million)
Exhibit 30: Chart on Electronics – Year-over-year growth 2021-2026 (%)
Exhibit 31: Data Table on Electronics – Year-over-year growth 2021-2026 (%)

5.4 Automotive – Market size and forecast 2021-2026

Exhibit 32: Chart on Automotive – Market size and forecast 2021-2026 ($ million)
Exhibit 33: Data Table on Automotive – Market size and forecast 2021-2026 ($ million)
Exhibit 34: Chart on Automotive – Year-over-year growth 2021-2026 (%)
Exhibit 35: Data Table on Automotive – Year-over-year growth 2021-2026 (%)

5.5 Medical – Market size and forecast 2021-2026

Exhibit 36: Chart on Medical – Market size and forecast 2021-2026 ($ million)
Exhibit 37: Data Table on Medical – Market size and forecast 2021-2026 ($ million)
Exhibit 38: Chart on Medical – Year-over-year growth 2021-2026 (%)
Exhibit 39: Data Table on Medical – Year-over-year growth 2021-2026 (%)

5.6 Solar – Market size and forecast 2021-2026

Exhibit 40: Chart on Solar – Market size and forecast 2021-2026 ($ million)
Exhibit 41: Data Table on Solar – Market size and forecast 2021-2026 ($ million)
Exhibit 42: Chart on Solar – Year-over-year growth 2021-2026 (%)
Exhibit 43: Data Table on Solar – Year-over-year growth 2021-2026 (%)

5.7 Aerospace and defense – Market size and forecast 2021-2026

Exhibit 44: Chart on Aerospace and defense – Market size and forecast 2021-2026 ($ million)
Exhibit 45: Data Table on Aerospace and defense – Market size and forecast 2021-2026 ($ million)
Exhibit 46: Chart on Aerospace and defense – Year-over-year growth 2021-2026 (%)
Exhibit 47: Data Table on Aerospace and defense – Year-over-year growth 2021-2026 (%)

5.8 Market opportunity by End-user

Exhibit 48: Market opportunity by End-user ($ million)

6 Customer Landscape

6.1 Customer landscape overview

Exhibit 49: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

7.1 Geographic segmentation

Exhibit 50: Chart on Market share by geography 2021-2026 (%)
Exhibit 51: Data Table on Market share by geography 2021-2026 (%)

7.2 Geographic comparison

Exhibit 52: Chart on Geographic comparison
Exhibit 53: Data Table on Geographic comparison

7.3 APAC – Market size and forecast 2021-2026

Exhibit 54: Chart on APAC – Market size and forecast 2021-2026 ($ million)
Exhibit 55: Data Table on APAC – Market size and forecast 2021-2026 ($ million)
Exhibit 56: Chart on APAC – Year-over-year growth 2021-2026 (%)
Exhibit 57: Data Table on APAC – Year-over-year growth 2021-2026 (%)

7.4 North America – Market size and forecast 2021-2026

Exhibit 58: Chart on North America – Market size and forecast 2021-2026 ($ million)
Exhibit 59: Data Table on North America – Market size and forecast 2021-2026 ($ million)
Exhibit 60: Chart on North America – Year-over-year growth 2021-2026 (%)
Exhibit 61: Data Table on North America – Year-over-year growth 2021-2026 (%)

7.5 Europe – Market size and forecast 2021-2026

Exhibit 62: Chart on Europe – Market size and forecast 2021-2026 ($ million)
Exhibit 63: Data Table on Europe – Market size and forecast 2021-2026 ($ million)
Exhibit 64: Chart on Europe – Year-over-year growth 2021-2026 (%)
Exhibit 65: Data Table on Europe – Year-over-year growth 2021-2026 (%)

7.6 South America – Market size and forecast 2021-2026

Exhibit 66: Chart on South America – Market size and forecast 2021-2026 ($ million)
Exhibit 67: Data Table on South America – Market size and forecast 2021-2026 ($ million)
Exhibit 68: Chart on South America – Year-over-year growth 2021-2026 (%)
Exhibit 69: Data Table on South America – Year-over-year growth 2021-2026 (%)

7.7 Middle East and Africa – Market size and forecast 2021-2026

Exhibit 70: Chart on Middle East and Africa – Market size and forecast 2021-2026 ($ million)
Exhibit 71: Data Table on Middle East and Africa – Market size and forecast 2021-2026 ($ million)
Exhibit 72: Chart on Middle East and Africa – Year-over-year growth 2021-2026 (%)
Exhibit 73: Data Table on Middle East and Africa – Year-over-year growth 2021-2026 (%)

7.8 US – Market size and forecast 2021-2026

Exhibit 74: Chart on US – Market size and forecast 2021-2026 ($ million)
Exhibit 75: Data Table on US – Market size and forecast 2021-2026 ($ million)
Exhibit 76: Chart on US – Year-over-year growth 2021-2026 (%)
Exhibit 77: Data Table on US – Year-over-year growth 2021-2026 (%)

7.9 China – Market size and forecast 2021-2026

Exhibit 78: Chart on China – Market size and forecast 2021-2026 ($ million)
Exhibit 79: Data Table on China – Market size and forecast 2021-2026 ($ million)
Exhibit 80: Chart on China – Year-over-year growth 2021-2026 (%)
Exhibit 81: Data Table on China – Year-over-year growth 2021-2026 (%)

7.10 Japan – Market size and forecast 2021-2026

Exhibit 82: Chart on Japan – Market size and forecast 2021-2026 ($ million)
Exhibit 83: Data Table on Japan – Market size and forecast 2021-2026 ($ million)
Exhibit 84: Chart on Japan – Year-over-year growth 2021-2026 (%)
Exhibit 85: Data Table on Japan – Year-over-year growth 2021-2026 (%)

7.11 Germany – Market size and forecast 2021-2026

Exhibit 86: Chart on Germany – Market size and forecast 2021-2026 ($ million)
Exhibit 87: Data Table on Germany – Market size and forecast 2021-2026 ($ million)
Exhibit 88: Chart on Germany – Year-over-year growth 2021-2026 (%)
Exhibit 89: Data Table on Germany – Year-over-year growth 2021-2026 (%)

7.12 UK – Market size and forecast 2021-2026

Exhibit 90: Chart on UK – Market size and forecast 2021-2026 ($ million)
Exhibit 91: Data Table on UK – Market size and forecast 2021-2026 ($ million)
Exhibit 92: Chart on UK – Year-over-year growth 2021-2026 (%)
Exhibit 93: Data Table on UK – Year-over-year growth 2021-2026 (%)

7.13 Market opportunity by geography

Exhibit 94: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

8.1 Market drivers

8.2 Market challenges

8.3 Impact of drivers and challenges

Exhibit 95: Impact of drivers and challenges in 2021 and 2026

8.4 Market trends

9 Vendor Landscape

9.1 Overview

9.2 Vendor landscape

Exhibit 96: Overview on Criticality of inputs and Factors of differentiation

9.3 Landscape disruption

Exhibit 97: Overview on factors of disruption

9.4 Industry risks

Exhibit 98: Impact of key risks on business

10 Vendor Analysis

10.1 Vendors covered

Exhibit 99: Vendors covered

10.2 Market positioning of vendors

Exhibit 100: Matrix on vendor position and classification

10.3 AGC Inc.

Exhibit 101: AGC Inc. – Overview
Exhibit 102: AGC Inc. – Business segments
Exhibit 103: AGC Inc. – Key news
Exhibit 104: AGC Inc. – Key offerings
Exhibit 105: AGC Inc. – Segment focus

10.4 Corning Inc.

Exhibit 106: Corning Inc. – Overview
Exhibit 107: Corning Inc. – Business segments
Exhibit 108: Corning Inc. – Key offerings
Exhibit 109: Corning Inc. – Segment focus

10.5 HOYA Corp.

Exhibit 110: HOYA Corp. – Overview
Exhibit 111: HOYA Corp. – Business segments
Exhibit 112: HOYA Corp. – Key offerings
Exhibit 113: HOYA Corp. – Segment focus

10.6 Nippon Sheet Glass Co. Ltd.

Exhibit 114: Nippon Sheet Glass Co. Ltd. – Overview
Exhibit 115: Nippon Sheet Glass Co. Ltd. – Business segments
Exhibit 116: Nippon Sheet Glass Co. Ltd. – Key news
Exhibit 117: Nippon Sheet Glass Co. Ltd. – Key offerings
Exhibit 118: Nippon Sheet Glass Co. Ltd. – Segment focus

10.7 Ohara Inc.

Exhibit 119: Ohara Inc. – Overview
Exhibit 120: Ohara Inc. – Business segments
Exhibit 121: Ohara Inc. – Key offerings
Exhibit 122: Ohara Inc. – Segment focus

10.8 Otto Chemie Pvt. Ltd.

Exhibit 123: Otto Chemie Pvt. Ltd. – Overview
Exhibit 124: Otto Chemie Pvt. Ltd. – Product / Service
Exhibit 125: Otto Chemie Pvt. Ltd. – Key offerings

10.9 Plan Optik AG

Exhibit 126: Plan Optik AG – Overview
Exhibit 127: Plan Optik AG – Product / Service
Exhibit 128: Plan Optik AG – Key offerings

10.10 SCHOTT AG

Exhibit 129: SCHOTT AG – Overview
Exhibit 130: SCHOTT AG – Business segments
Exhibit 131: SCHOTT AG – Key news
Exhibit 132: SCHOTT AG – Key offerings
Exhibit 133: SCHOTT AG – Segment focus

10.11 Shin Etsu Chemical Co. Ltd.

Exhibit 134: Shin Etsu Chemical Co. Ltd. – Overview
Exhibit 135: Shin Etsu Chemical Co. Ltd. – Business segments
Exhibit 136: Shin Etsu Chemical Co. Ltd. – Key offerings
Exhibit 137: Shin Etsu Chemical Co. Ltd. – Segment focus

10.12 Vedanta Ltd.

Exhibit 138: Vedanta Ltd. – Overview
Exhibit 139: Vedanta Ltd. – Business segments
Exhibit 140: Vedanta Ltd. – Key news
Exhibit 141: Vedanta Ltd. – Key offerings
Exhibit 142: Vedanta Ltd. – Segment focus

11 Appendix

11.1 Scope of the report

11.2 Inclusions and exclusions checklist

Exhibit 143: Inclusions checklist
Exhibit 144: Exclusions checklist

11.3 Currency conversion rates for US$

Exhibit 145: Currency conversion rates for US$

11.4 Research methodology

Exhibit 146: Research methodology
Exhibit 147: Validation techniques employed for market sizing
Exhibit 148: Information sources

11.5 List of abbreviations

Exhibit 149: List of abbreviations

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