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Glass Substrate Market Share

Report ID: GMI8406
Published Date: Mar 2024
Report Format: PDF

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Glass Substrate Market Share

AGC Inc. and SCHOTT AG hold a significant share of over 20% in the glass substrate industry. AGC Inc. is one of the world's largest manufacturers of glass products including flat glass for architectural and automotive applications, specialty glass for electronics and displays, and glass fibers for insulation and reinforcement purposes.

SCHOTT AG is a multinational company specializing in glass and glass ceramics manufacturing across various industries. SCHOTT manufactures glass substrates used in displays for electronic devices such as smartphones, tablets, laptops, and televisions. These substrates are engineered to provide optimal optical clarity, durability, and thermal stability required for modern display technologies such as LCD, OLED, and micro-LED.

Glass Substrate Market Companies

Major players operating in the glass substrate industry are:

AGC Inc.
SCHOTT AG
Corning Incorporated
Nippon Electric Glass Co., Ltd.
HOYA Corporation
Toppan Inc.
Ohara Inc.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Market size for glass substrate crossed USD 7 billion in 2023 and is expected to register over 3.5% CAGR from 2024-2032 owing to the rising demand from the electronics industry and increasing consumer preference for larger, higher resolution displays worldwide.

Glass substrate industry from the borosilicate segment recorded 30% share in 2023 and is expected to register an appreciable CAGR from 2024-2032 due to their ability to withstand high temperatures during manufacturing processes and maintain dimensional stability.

Asia Pacific industry is expected to register over 4% CAGR from 2024-2032 due to the presence of some of the world's largest electronics manufacturing hubs in the region.

AGC Inc., SCHOTT AG, Corning Incorporated, Nippon Electric Glass Co., Ltd., HOYA Corporation, Toppan Inc., and Ohara Inc., are some of the major glass substrate companies worldwide.