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Glass Substrate Market likely to witness an impressive CAGR of 6.2%, as estimated by Stratview Research

Stratview Research in its recent report has offered an overlook of the current Glass Substrate Market scenarios and has also estimated the market size to reach grow at CAGR of 6.2%. The insights highlighted in the report are based on data that is carefully collected from reliable sources and is then scrutinized to have a proper analysis.

Not only the report offers the market size but also details about the market segmentation with its share. Stratview Research also extends its research to offer a forecast of the market during the period, to provide the clients with base knowledge of the market and make strategies to have beneficial results ahead.

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Glass substrate is also quite often referred to as raw glass and is mainly glass plies. These are used in the fabrication process of glass units.

Glass substrate is available in different types such as borosilicate-based, silicon-based, ceramic-based, and others.

Glass substrate is used in a number of industries such as electronics, automotive, medical, aerospace, and solar power.

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

On the basis of type, the market is segmented as borosilicate-based glass substrates, silicon-based glass substrates, ceramic-based glass substrates, fused silica-/quartz-based glass substrates, and others. Borosilicate-based glass substrates find wide applications owing to their remarkable properties, such as elevated chemical-resistance, low coefficient of thermal expansion, and increased surface strength.

Based on the end-use industry type, the market is segmented as electronics, automotive, medical, aerospace & defense, and solar power. The electronics industry is the largest application and offers substantial growth opportunities in the coming five years owing to the increased use in various electronics manufacturing.

In terms of regions, Asia-Pacific is expected to be the largest and highest-growing market for glass substrates in the coming five years. China and India are the growth engines of the region. This growth is attributed to the presence of a large number of electronics manufacturing companies in the region. North America and Europe also offer sizeable growth opportunities during the forecast period.

Highlights of the Report:

Glass Substrate Market is likely to witness an impressive CAGR of 6.2% during the forecast period. The growing use of LCDs, smartphones, applications in automobiles, and the development of semiconductors and electronics industries are driving the glass substrate market globally.

Some of the glass substrate manufacturers are Asahi Glass Co., Ltd. (AGC), Schott AG, Corning Inc., Nippon Sheet Glass Co, Ltd., Plan Optik AG, Hoya Corporation, LG Chem, Ltd., Ohara Inc., IRICO Group New Energy Company Limited, and The Tunghsu Group.

Features of the Report

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.

The Glass Substrate Market analysis report discusses the following heads in great detail:

  • Market structure: Overview, industry life cycle analysis, supply chain analysis
  • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
  • Market trend and forecast analysis
  • Market segment trend and forecast
  • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
  • Attractive market segments and associated growth opportunities
  • Emerging trends
  • Strategic growth opportunities for the existing and new players
  • Key success factors 

Know more about us and our reports:

Stratview Research has been offering its insightful reports and custom researches to the interested clients in some of important industry sectors such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas. The data is collected for the reports is collected from reliable sources and is analysed carefully to come up with an end result that is resourceful and worthy for the interesting clients.