Global Ultra-Thin Glass Industry

October 2022
232 pages
ID: 5799857
Format: PDF
Global Industry Analysts

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Global Ultra-Thin Glass Market to Reach $23.7 Billion by 2027

In the changed post COVID-19 business landscape, the global market for Ultra-Thin Glass estimated at US$11.8 Billion in the year 2020, is projected to reach a revised size of US$23.7 Billion by 2027, growing at a CAGR of 10.4% over the analysis period 2020-2027. Fusion, one of the segments analyzed in the report, is projected to record a 10.1% CAGR and reach US$6.8 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Float segment is readjusted to a revised 10.8% CAGR for the next 7-year period.

The U.S. Market is Estimated at $3.2 Billion, While China is Forecast to Grow at 13.8% CAGR

The Ultra-Thin Glass market in the U.S. is estimated at US$3.2 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$5 Billion by the year 2027 trailing a CAGR of 13.7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.2% and 9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 8.1% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$3.4 Billion by the year 2027.

Other Manufacturing Processes Segment to Record 7.4% CAGR

In the global Other Manufacturing Processes segment, USA, Canada, Japan, China and Europe will drive the 7.4% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$520.7 Million in the year 2020 will reach a projected size of US$828.5 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Latin America will expand at a 8.7% CAGR through the analysis period.

Select Competitors (Total 18 Featured) -
Aeon Glass - Aeon Industries Corp., Ltd.
Air-Craftglass Inc.
Asahi Glass Co., Ltd.
AvanStrate Inc.
AviationGlass & Technology BV
Central Glass Co., Ltd.
Changzhou Almaden Co., Ltd.
China National Building Material Co., Ltd.
Corning, Inc.
CSG Holding Co. Ltd.
Emerge Glass India Pvt. Ltd.
Hilgenberg GmbH
Hoya Corporation USA Optics Division
Huihua Glass Co., Ltd.
Luoyang Glass Co., Ltd.
Nippon Electric Glass Co., Ltd.
Nippon Sheet Glass Co., Ltd.
Nitto Boseki Co., Ltd.
Noval Glass Group Ltd.
Runtai Industry Co., Ltd.
SCHOTT AG
Suzhou Huadong Coating Glass Co., Ltd.
Taiwan Glass Industry Corporation
Xinyi Glass Holdings Ltd.

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