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Europe Ultra-Thin Glass Market Size, By Thickness (Less than 0.1 mm, 0.1 to 0.5 mm, 0.5 to 1.2 mm), By Production Process ( Downdraw Process, Overflow- fusion process, Float Process) By Application (Semiconductors Substrate, Flat-panel displays, Touch-control devices)Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020 – 2026

Published Date: October 2020 | Publisher: Graphical Research Report ID: GR1469 | Delivery : PDF

Industry Trends

Europe Ultra-Thin Glass Market value was over USD 2,820.65 million in 2019 and will grow at a CAGR of more than 10.9% up to 2026.
 

Europe Ultra -Thin Glass Market

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The substantial growth in the demand for flat panel displays and wearable devices will positively affect the overall ultra-thin glass market in the region. Europe is home to some of the largest electronic manufacturers, which is another factor attributing to the overall market revenue throughout the assessment period.

The presence of stringent regulations in the region regarding the use of polymer films is also a vital factor positively effecting the market revenue. Major companies, such as Nippon glass and Schott, are majorly involved in eco-friendly manufacturing processes, which has a high adoption rate in the region. Europe has a matured electronics industry and is home to huge investments in the electronics sector. In the recent years, the demand for tech wearables, smart televisions, and smart phones sales is seen to shoot up in the region, in turn providing huge market opportunities for the ultra-thin glass manufacturers. According to EuroDev, the consumer electronics market in Europe is anticipated to reach a value of over USD 94 billion by the end of the year 2024. This growth is mainly driven by the shift in preferences for new-generation electronic devices and constant investments in research V& development activities by major electronics manufacturers.

Among the various thickness types, the 0.1mm-0.5mm was the largest segment in 2019. The growing demand for touch panel displays in various electronic devices including smartphones and televisions shall boost the segment growth during the review period 2020-2026. The 0.1mm-0.5mm held a market share of over 60% in 2019 and is anticipated to exhibit a CAGR of 10.5%.

On the basis of production types, float process was the most used process in the European market in 2019 and is anticipated to follow the same trend by the end of the forecast period. The float process held the largest share of over 55% in terms of revenue in 2019 and is anticipated to grow at a CAGR of over 9.9%.

Flat panel displays held the largest share in 2019, closely followed by the touch-control devices segment with a market share of over 34%. The growing need for flexible and low-weight touch panels across various consumer electronics is one of the major factors contributing to the growth of the segment.

Major companies operating in the industry are AGC Inc., Luoyang Glass Co., Ltd., Nippon Sheet Glass Co., Ltd., CGS HOLDINGS LTD., Schott AG, Pilkington, Taiwan Glass, Emerge Glass, Aircraft Glass, and Xinyi Ultra-thin Glass (Dongguan) Co., Ltd., and Corning Inc., among others.
 

Frequently Asked Question(FAQ) :

The market size of Europe Ultra Thin Glass was valued USD 2,820.65 million in 2019.
The substantial growth in the demand for flat panel displays and wearable devices will positively affect the overall ultra-thin glass market in the region.
Major companies operating in the Europe Ultra-Thin Glass Market are AGC Inc., Luoyang Glass Co., Ltd., Nippon Sheet Glass Co., Ltd., CGS HOLDINGS LTD., Schott AG, Pilkington, Taiwan Glass, Emerge Glass, Aircraft Glass, and Xinyi Ultra-thin Glass (Dongguan) Co., Ltd., and Corning Inc., among others.

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Europe Ultra-Thin Glass Market Size Insights On Current Scope 2026


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