Global ultra-thin glass industry to reach $14.3bln by 2025

SourceZawya
SectorIndustrial
CountryMiddle east

The global ultra-thin glass market size is projected to grow from $7.8 billion in 2020 to $14.3 billion by 2025, growing at a CAGR of 13% between 2020 and 2025, a new report by ResearchAndMarkets.com has predicted.Ultra-thin glass is a low-thickness, special category glass that is lightweight, flexible, and has electrical conductivity and sensitivity. It is used in various applications in the consumer electronics, automotive & transportation, and medical & healthcare industries, among others. Ultra-thin glass can be majorly classified into technical or non-technical, depending on the processes used during manufacturing. However, the negative impact of the Covid-19 pandemic on the consumer electronics industry has affected the ultra-thin glass market adversely, noted the "Ultra-thin Glass Market by Thickness, Manufacturing Process (Float, Fusion, Down-Draw), Application (Semiconductor Substrate, Touch Panel Display, Fingerprint Sensor), End-use Industry, and Region - Global Forecast to 2025" report.In terms of value, 0.1mm-0.5mm thick ultra-thin glass is the fastest-growing segment in the ultra-thin glass market, which is projected to register the highest CAGR in terms of value between 2020 and 2025.

This ultra-thin glass is flat and has a smooth surface and excellent heat resistance and has its applications in touch panel display, fingerprint sensor, a semiconductor substrate, ...read more...