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Ultra-Thin Glass Market Trends

Report ID: GMI4798
Published Date: Jul 2024
Report Format: PDF

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Ultra-Thin Glass Market Trends

The increasing integration of smart glass technologies in various applications, including smart homes, offices, and automotive sectors will favor the market growth. Smart ultra-thin glass that can change properties, such as transparency and color in response to environmental stimuli or electronic signals is gaining traction to offer energy efficiency and aesthetic benefits. The increasing adoption of AR and VR devices requiring high-quality, lightweight, and durable materials to provide the best user experience will also add to the industry expansion. For instance, in February 2024, TCL unveiled its latest AR offering – the Nxtwear S Plus. Built on the foundation laid by the previous Nxtwear S, these new AR glasses offer some impressive improvements.

Authors: Kiran Pulidindi, Manish Verma

Frequently Asked Questions (FAQ) :

Global industry size ultra-thin glass was valued at USD 14.8 billion in 2023 and is anticipated to register over 9.7% CAGR between 2024 and 2032, driven by escalating demand in consumer electronics, particularly smartphones, tablets, and wearable devices.

The 0.1 to 0.5 mm segment in the ultra-thin glass market will generate USD 21.5 billion by 2032 due to its ideal balance of flexibility, strength, and lightweight properties.

North America market may reach USD 4.9 billion by 2032 attributed to robust technological advancements and substantial investments in R&D activities across various high-tech industries.

Schott AG, Noval Glass Co. Ltd., Nippon Sheet Glass Co., Ltd., Changzhou Almaden Co. Ltd., AGC Inc, Xinyi Glass Holdings Ltd., Lyuyang Glass Co. Ltd., Central Glass Co. Ltd., Corning Inc., Emerge Glass, CSG Holdings Co. Ltd., and Taiwan Glass Ind.