ULTRA-THIN GLASS MARKET ANALYSIS

Ultra-Thin Glass MarketSize and Trends

The global ultra-thin glass market size was valued at US$ 11.66 Billion in 2022 and is anticipated to witness a compound annual growth rate (CAGR) of 7.2% from 2023 to 2030. Factors that are likely to fuel the market growth of ultra-thin glass include increasing consumption of electronic devices, especially smartphones and flat-screen displays. These devices offer the highest display sizes and require a large amount of ultra-thin glass to meet the requirements.

Global Ultra-Thin Glass Market: Regional Insights

Based on geography, the global ultra-thin glass market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Global Ultra-Thin Glass Market Trends:

Innovation in development of process

In recent years, manufacturers have developed new ways to create thin glass that is as flexible and durable as it is light. For instance, fused deposition modeling technique is a new technique. This method combines powdered materials, such as silicon, with liquid resins, and a heat source to melt them together. The main advantage of this process is that it is cost-effective and environmentally friendly. It is also highly scalable and has a high production rate. In addition, the product can be produced in a wide range of sizes and shapes.

 Growing focus on reducing carbon footprint

It is an option for reducing carbon footprint, as it is a renewable and recyclable material. The market for this type of glass is expected to grow significantly over the forecast period, as it can be used in a wide range of industries. Moreover, they highly durable and can withstand wear and tear.