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The annual growth rate of the global ultra-thin glass market is expected to reach 11.88%

The annual growth rate of the global ultra-thin glass market is expected to reach 11.88%

Writer:Anjilai    Source:Anjilai    Update:2019-03-20    Click:
Ultra-thin glass is a glass product with a thickness of less than 2 mm. With its light weight, stability and flexibility, ultra-thin glass products are widely used in various terminal fields such as automotive, electrical and electronics, biotechnology, renewable energy and construction.
 
According to expert analysis, the annual compound growth rate of the global ultra-thin glass market is expected to reach 11.88% in 2018-2024, and the market size will reach 20.799 billion US dollars. Ultra-thin glass products with a thickness of 0.5-1.0 mm occupy a large market share in the global ultra-thin glass market. With the increasing demand for ultra-thin glass products for tablets, laptops, smartphones and other smart devices, ultra-thin glass products of this thickness are expected to grow rapidly in the next few years. Ultra-thin glass products with a thickness of 1.0-1.5 mm are also growing at a relatively fast rate. In 2024, the market size is expected to reach US$4.46 billion.

  

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From the field of terminal analysis, the field of electronic and electrical applications is an important part of the global ultra-thin glass market. Its market size will reach US$4.58 billion, and the compound annual growth rate is expected to reach 12.33%.
 
From the global geographical analysis, the Asia-Pacific region has always dominated the global ultra-thin glass market in terms of quantity and market value. China is a large consumer market for ultra-thin glass in Asia Pacific in 2017. With the rapid development of the electrical, electronics and automotive industries, China will continue to be a fast-growing country in the ultra-thin glass market.
 
The world's leading manufacturers of ultra-thin glass market: Corning, Asahi Glass, Nippon Electric Glass, SCHOTT, CSG, Japan Central Glass, Xinyi, Luobo, Yaoen Group, Changzhou Amarton, Taiwan Glass, Qingdao Nuojing, Nitto Boseki Co., Ltd, Emerge Glass.

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