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In 2024, The Global Ultra-thin Glass Market Will Reach Usd 20.7998 Billion

Ultra-thin glass can be as thin as 2mm or less, even thinner than a human hair. Ultra-thin glass has the advantages of light weight, good weather resistance, good thermal stability and high flexibility, and is widely used in automobile, electrical and electronic, biotechnology, renewable energy, construction and many other industries.

According to a report released by MRFR, the global ultra-thin glass market size is expected to reach $20.7998 billion in 2024, with an annual compound growth rate of 11.88%. Based on the thickness of ultra-thin glass, products in the 0.5-1.0mm thickness segment account for a large share of the market and are expected to remain dominant during the forecast period due to demand for tablets, computers, smartphones and other smart devices.

Ultra-thin glass between 1.0 and 1.5mm in thickness is expected to be the fastest growing segment. In 2024, the market value of the segment is expected to reach $4,465.7 billion, with touch displays being the main application area. Touchscreen displays are expected to continue to dominate the $6.3782 billion market by 2024 due to increased use of portable devices.

According to the regional division, the global ultra-thin glass market is divided into asia-pacific, Europe, North America, Latin America, the Middle East and Africa markets. The asia-pacific region is the main market for ultra-thin glass, with a market share of about 59 percent in 2017. It is also expected to see substantial growth in profits in the future. The asia-pacific region is expected to grow at a compound annual rate of about 12.57 per cent during the forecast period.

Major manufacturers in the ultra-thin glass market:

Corning, asahi Glass, Japan electric Glass, short, south Glass group, central Glass, xinyi, lobo group, Taiwan Glass, Qingdao nuojing Glass, Nitto Boseki Co., Emerge Glass and Aeon Industries Corporation Ltd.