ガラス基板市場 : 2028年までの世界予測

Report Overview

The glass substrate market size is estimated to be USD 7.1 billion in 2023, and it is projected to reach USD 8.4 billion by 2028 at a CAGR of 3.5%. The market of global glass substrate is on an upward trajectory due to the increasing demand from several end-use industries such as electronics, automotive, medical, aerospace & defense, and solar power. Apart from this, the market growth is attributed to the rising usage in solar applications. However, the progress of the market may face hindrances due to high technology development costs and manufacturing costs of the glass substrate.
A glass substrate refers to a thin, flat piece of glass that serves as a base or foundation for various applications, particularly in the field of electronics and optics. The term is commonly used in the context of manufacturing electronic devices, displays, sensors, and other technologies.

“Borosilicate-based glass substrates is the biggest by type segment of the glass substrates market.”
In terms of by type segment, the borosilicate-based glass substrates segment is anticipated to experience the most substantial growth throughout the forecast period. These substrates offer cost-effectiveness compared to other glass substrates. Additionally, the distinct qualities of borosilicate-based glass substrates, such as a low coefficient of thermal expansion, high chemical resistivity, and superior surface strength, contribute to the rising global demand for them. The fused silica/quartz-based glass substrates segment is projected to achieve the second-highest compound annual growth rate (CAGR) during the forecast period, attributed to the enhanced thermal expansion capability of fused silica/quartz-based glass substrates when compared to their borosilicate-based counterparts.

“Electronics is the largest end-use industry segment of the glass substrates market.”
The glass substrate market is significantly influenced by the electronics industry, which holds a substantial share. The growing adoption of glass substrates in the production of display devices, electronic components, semiconductors, MEMS devices, and information, computing, and telecommunication devices is poised to fuel the expansion of the glass substrate market within the electronics sector. Furthermore, progress and innovations in LCDs and semiconductors play a crucial role in bolstering the overall growth trajectory of the glass substrate market.

“APAC is the fastest-growing market for glass substrates.”
The Asia-Pacific glass substrate market is anticipated to achieve the highest Compound Annual Growth Rate (CAGR) in terms of value from 2023 to 2028. This upswing is primarily linked to the heightened manufacturing of electronic devices in the Asia-Pacific region. Among the countries in this region, China is expected to lead with the highest CAGR during the forecast period. The growth of the glass substrate market in this area is propelled by technological advancements in key end-use industries, including electronics, automotive, and medical sectors.
The breakdown of primary interviews is given below:
• By Company Type: Tier 1 – 52%, Tier 2 – 26%, and Tier 3 –22%
• By Designation: Director-Level – 48%, C-Level – 23%,  and Others – 29%
• By Region: North America – 21%, Europe – 25%, APAC – 44%, Middle East & Africa – 5%, and South America – 5%
The key companies profiled in this report on the glass substrates market include AGC Inc. (Japan), Schott (Germany), Corning, Incorporated (US), Nippon Sheet Glass Co., Ltd. (Japan), Plan Optik AG (Germany), HOYA Corporation (Japan), Ohara Inc. (Japan), IRICO Group New Energy Company Limited (China), Toppan Inc. (Japan), Tunghsu Group Co. Ltd. (China), and others are the key players operating in the glass substrate market.

Research Coverage
The glass substrate market has been segmented based on by type, end-use industry, and region. This report covers the glass substrate market and forecasts its market size until 2028. It also provides detailed information on company profiles and competitive strategies adopted by the key players to strengthen their position in the glass substrate market. The report also provides insights into the drivers and restraints in the glass substrate market along with opportunities and challenges. The report also includes profiles of top manufacturers in the glass substrate market.

Reasons to Buy the Report
The report is expected to help market leaders/new entrants in the following ways:
1. This report segments the glass substrate market and provides the closest approximations of revenue numbers for the overall market and its segments across different verticals and regions.
2. This report is expected to help stakeholders understand the pulse of the glass substrate market and provide information on key market drivers, restraints, challenges, and opportunities influencing the market growth.
3. This report is expected to help stakeholders obtain an in-depth understanding of the competitive landscape of the glass substrates market and gain insights to improve the position of their businesses. The competitive landscape section includes detailed information on strategies, such as acquisitions, expansions, new product developments, and partnerships/collaborations/agreements.

The report provides insights on the following pointers:
• Analysis of key drivers (Rising usage of LCDs in consumer electronics and automotive application, growing Semiconductor Industry), restraints (High technology development cost and manufacturing cost of the glass substrate), opportunities (Innovations in display technologies, and growing use of glass substrate in solar power application), and challenges (LCD glass to meet strict quality requirements) influencing the growth of the glass substrates market
• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the glass substrate market
• Market Development: Comprehensive information about lucrative markets – the report analyses the glass substrate market across varied regions.
• Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the glass substrate market
• Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like AGC Inc. (Japan), Schott (Germany), Corning, Incorporated (US), Nippon Sheet Glass Co., Ltd. (Japan), Plan Optik AG (Germany), HOYA Corporation (Japan), Ohara Inc. (Japan), IRICO Group New Energy Company Limited (China), Toppan Inc. (Japan), Tunghsu Group Co. Ltd. (China), and others

Table of Contents

1            INTRODUCTION            18

1.1         STUDY OBJECTIVES      18

1.2         MARKET DEFINITION   18

1.2.1      INCLUSIONS AND EXCLUSIONS 19

1.3         MARKET SCOPE             19

FIGURE 1           GLASS SUBSTRATE MARKET SEGMENTATION  19

1.3.1      REGIONS COVERED      20

1.3.2      YEARS CONSIDERED     20

1.4         CURRENCY        21

1.5         STAKEHOLDERS            21

1.6         LIMITATIONS   21

1.7         SUMMARY OF CHANGES            21

2            RESEARCH METHODOLOGY     22

2.1         RESEARCH DATA           22

FIGURE 2           GLASS SUBSTRATE MARKET: RESEARCH DESIGN           22

2.2         MARKET SIZE ESTIMATION       23

FIGURE 3           MARKET SIZE ESTIMATION: SUPPLY-SIDE ANALYSIS     23

2.2.1      APPROACH – 2  23

FIGURE 4           GLASS SUBSTRATE MARKET: SECOND APPROACH         23

2.3         DATA TRIANGULATION             24

2.3.1      SECONDARY DATA       24

2.3.2      PRIMARY DATA 24

FIGURE 5           DATA TRIANGULATION             25

2.4         KEY MARKET INSIGHTS 25

FIGURE 6           LIST OF STAKEHOLDERS INVOLVED AND BREAKDOWN OF INTERVIEWS  WITH EXPERTS  26

2.5         RECESSION IMPACT      26

2.6         RESEARCH ASSUMPTIONS & LIMITATIONS        27

2.6.1      ASSUMPTIONS 27

FIGURE 7           LIMITATIONS   27

2.7         LIMITATIONS   27

2.7.1      RISK ASSESSMENT         28

TABLE 1             LIMITATIONS & ASSOCIATED RISKS      28

2.8         GROWTH RATE ASSUMPTIONS 28

3            EXECUTIVE SUMMARY 29

FIGURE 8           BOROSILICATE-BASED GLASS SUBSTRATE TO LEAD MARKET  DURING FORECAST PERIOD     30

FIGURE 9           ELECTRONICS TO BE LARGER END-USE SEGMENT THROUGH 2028      30

FIGURE 10         ASIA PACIFIC TO BE FASTEST-GROWING REGION IN FORECAST PERIOD       31

4            PREMIUM INSIGHTS      32

4.1         ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN  GLASS SUBSTRATE MARKET            32

FIGURE 11         DEVELOPING COUNTRIES OFFER ATTRACTIVE OPPORTUNITIES IN GLASS SUBSTRATE MARKET           32

4.2         ASIA PACIFIC: GLASS SUBSTRATE, TYPE AND COUNTRY             32

FIGURE 12         ASIA PACIFIC: CHINA WAS LARGEST GLASS SUBSTRATE MARKET IN 2022             32

4.3         GLASS SUBSTRATE MARKET, BY TYPE  33

FIGURE 13         BOROSILICATE-BASED GLASS SUBSTRATE SEGMENT TO LEAD MARKET DURING FORECAST PERIOD   33

4.4         GLASS SUBSTRATE MARKET, BY END-USE INDUSTRY    33

FIGURE 14         ELECTRONICS TO LEAD MARKET DURING FORECAST PERIOD              33

4.5         GLASS SUBSTRATE MARKET, BY COUNTRY        34

FIGURE 15         INDIA GLASS SUBSTRATE MARKET TO RECORD HIGHEST CAGR FROM  2023 TO 2028        34

5            MARKET OVERVIEW     35

5.1         INTRODUCTION            35

5.2         MARKET DYNAMICS     35

FIGURE 16         DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN GLASS SUBSTRATE MARKET 35

5.2.1      DRIVERS            36

5.2.1.1   Rising use of LCDs in consumer electronics and automotive applications 36

5.2.1.2   Growing semiconductor industry     36

FIGURE 17         GLOBAL SEMICONDUCTOR SALES, 2018–2022   36

5.2.2      RESTRAINTS     37

5.2.2.1   High technology development and manufacturing cost 37

5.2.3      OPPORTUNITIES           37

5.2.3.1   Innovations in display technologies  37

5.2.3.2   Growing use of glass substrates in solar power application         37

FIGURE 18         COUNTRY-WISE SOLAR ENERGY SHARE, 2022    37

5.2.4      CHALLENGES   38

5.2.4.1   LCD glass to meet strict quality requirements              38

6            INDUSTRY TRENDS       39

6.1         PORTER’S FIVE FORCES ANALYSIS         39

FIGURE 19         PORTER’S FIVE FORCES ANALYSIS         39

TABLE 2             GLASS SUBSTRATE MARKET: PORTER’S FIVE FORCES ANALYSIS          39

6.1.1      THREAT OF NEW ENTRANTS    40

6.1.2      THREAT OF SUBSTITUTES         40

6.1.3      BARGAINING POWER OF SUPPLIERS     40

6.1.4      BARGAINING POWER OF BUYERS           40

6.1.5      INTENSITY OF COMPETITIVE RIVALRY 40

6.2         SUPPLY CHAIN ANALYSIS          41

6.3         VALUE CHAIN ANALYSIS            42

FIGURE 20         GLASS SUBSTRATE: VALUE CHAIN ANALYSIS    42

6.4         KEY MARKETS FOR IMPORT AND EXPORT (TRADE ANALYSIS)  43

6.4.1      EXPORT SCENARIO OF GLASS SUBSTRATES      43

FIGURE 21         FLOAT GLASS AND SURFACE GROUND OR POLISHED GLASS, IN SHEETS (7005) EXPORTS, BY KEY COUNTRY, 2018–2022 (USD BILLION)              43

6.4.2      IMPORT SCENARIO OF GLASS SUBSTRATES      44

FIGURE 22         FLOAT GLASS AND SURFACE GROUND OR POLISHED GLASS, IN SHEETS (7005) EXPORTS, BY KEY COUNTRY, 2018–2022 (USD BILLION)              44

6.5         MACROECONOMIC OVERVIEW 44

6.5.1      GLOBAL GDP OUTLOOK           44

TABLE 3             WORLD GDP GROWTH PROJECTION, 2019–2026 (USD BILLION)              45

6.6         PRICING ANALYSIS        46

6.6.1      INDICATIVE PRICING ANALYSIS FOR GLASS SUBSTRATES, BY REGION              46

TABLE 4             INDICATIVE PRICING ANALYSIS OF GLASS SUBSTRATES, BY REGION,  2021–2028 (USD/UNIT)           46

6.7         TECHNOLOGY ANALYSIS           46

6.8         TRENDS/DISRUPTIONS IMPACTING CUSTOMER’S BUSINESS     47

FIGURE 23         GROWING CONCERN FOR SUSTAINABILITY, TECHNOLOGICAL ADVANCEMENTS TO BRING IN CHANGE IN FUTURE REVENUE MIX   47

6.9         TARIFF AND REGULATORY LANDSCAPE            48

6.9.1      TARIFF RELATED TO GLASS SUBSTRATE MARKET         48

6.9.2      REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS          49

TABLE 5             NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         49

TABLE 6             EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         50

TABLE 7             ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         51

TABLE 8             MIDDLE EAST AND AFRICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         52

TABLE 9             SOUTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         53

6.10       CASE STUDY ANALYSIS 53

6.10.1    SAFE TRANSPORT CONTAINERS FOR SCHOTT TELESCOPE MIRROR SUBSTRATE      53

6.10.1.1 Introduction        53

6.10.1.2 Challenge            53

6.10.1.3 Solution 54

6.11       KEY CONFERENCES & EVENTS, 2022–2023           54

TABLE 10           GLASS SUBSTRATE MARKET: DETAILED LIST OF CONFERENCES & EVENTS          54

6.12       ECOSYSTEM/MARKET MAP       55

TABLE 11           GLASS SUBSTRATE MARKET: ECOSYSTEM         55

FIGURE 24         ECOSYSTEM MAP          55

6.13       KEY STAKEHOLDERS & BUYING CRITERIA          56

6.13.1    KEY STAKEHOLDERS IN BUYING PROCESS         56

FIGURE 25         INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR APPLICATIONS 56

TABLE 12           INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR END-USE INDUSTRIES (%)         56

6.13.2    BUYING CRITERIA         57

FIGURE 26         KEY BUYING CRITERIA FOR END-USE INDUSTRIES        57

TABLE 13           KEY BUYING CRITERIA FOR GLASS SUBSTRATE FOR END-USE INDUSTRIES      57

6.14       PATENT ANALYSIS        58

6.14.1    INTRODUCTION            58

FIGURE 27         NUMBER OF PATENTS GRANTED FOR GLASS SUBSTRATES (2013–2023)       58

FIGURE 28         REGIONAL ANALYSIS OF PATENT GRANTED FOR GLASS SUBSTRATES,  2013–2023           59

TABLE 14           LIST OF A FEW PATENTS IN GLASS SUBSTRATE MARKET, 2022–2023      59

7            GLASS SUBSTRATE MARKET, BY TYPE  61

7.1         INTRODUCTION            62

FIGURE 29         BOROSILICATE-BASED GLASS SUBSTRATE TO DOMINATE MARKET IN 2023             62

TABLE 15           GLASS SUBSTRATE MARKET, BY TYPE, 2019–2021 (USD MILLION)          62

TABLE 16           GLASS SUBSTRATE MARKET, BY TYPE, 2022–2028 (USD MILLION)          63

7.2         BOROSILICATE-BASED GLASS SUBSTRATES      63

7.2.1      ADVANTAGEOUS PROPERTIES OF GLASS SUBSTRATES TO DRIVE DEMAND           63

TABLE 17           BOROSILICATE-BASED GLASS SUBSTRATE MARKET, BY REGION,  2019–2021 (USD MILLION)     64

TABLE 18           BOROSILICATE-BASED GLASS SUBSTRATE MARKET, BY REGION,  2022–2028 (USD MILLION)     64

7.3         SILICON-BASED GLASS SUBSTRATES    64

7.3.1      MECHANICAL SUPPORT FOR INTEGRATED CIRCUITS TO SUPPORT GROWTH          64

TABLE 19           SILICON-BASED GLASS SUBSTRATE MARKET, BY REGION, 2019–2021 (USD MILLION)          65

TABLE 20           SILICON-BASED GLASS SUBSTRATE MARKET, BY REGION, 2022–2028 (USD MILLION)          65

7.4         CERAMIC-BASED GLASS SUBSTRATES   66

7.4.1      ABILITY TO WITHSTAND THERMAL SHOCKS TO DRIVE DEMAND              66

TABLE 21           CERAMIC-BASED GLASS SUBSTRATE MARKET, BY REGION, 2019–2021 (USD MILLION)          66

TABLE 22           CERAMIC-BASED GLASS SUBSTRATE MARKET, BY REGION, 2022–2028 (USD MILLION)          66

7.5         FUSED SILICA-/QUARTZ-BASED GLASS SUBSTRATES    67

7.5.1      GOOD THERMAL SHOCK RESISTANCE TO DRIVE DEMAND       67

TABLE 23           FUSED SILICA/QUARTZ-BASED GLASS SUBSTRATE MARKET, BY REGION,  2019–2021 (USD MILLION)             67

TABLE 24           FUSED SILICA/QUARTZ -BASED GLASS SUBSTRATE MARKET, BY REGION,  2022–2028 (USD MILLION)             67

7.6         OTHER TYPES  68

TABLE 25           OTHER GLASS SUBSTRATES MARKET, BY REGION, 2019–2021 (USD MILLION) 68

TABLE 26           OTHER GLASS SUBSTRATES MARKET, BY REGION, 2022–2028 (USD MILLION) 68

8            GLASS SUBSTRATE MARKET, BY END-USE INDUSTRY    69

8.1         INTRODUCTION            70

FIGURE 30         ELECTRONICS TO ACCOUNT FOR LARGEST MARKET SHARE IN 2023      70

TABLE 27           GLASS SUBSTRATE MARKET, BY END-USE INDUSTRY, 2019–2021 (USD MILLION)     70

TABLE 28           GLASS SUBSTRATE MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)     71

8.2         ELECTRONICS  71

8.2.1      INCREASING DEMAND FOR ELECTRONICS PRODUCTS TO DRIVE DEMAND           71

TABLE 29           GLASS SUBSTRATE MARKET IN ELECTRONICS END-USE INDUSTRY, BY REGION,  2019–2021 (USD MILLION)      72

TABLE 30           GLASS SUBSTRATE MARKET IN ELECTRONICS END-USE INDUSTRY, BY REGION, 2022–2028 (USD MILLION)         72

8.3         AUTOMOTIVE  72

8.3.1      RISING DEMAND FOR ELECTRIC VEHICLES TO DRIVE DEMAND              72

TABLE 31           GLASS SUBSTRATE MARKET IN AUTOMOTIVE END-USE INDUSTRY, BY REGION,  2019–2021 (USD MILLION)      73

TABLE 32           GLASS SUBSTRATE MARKET IN AUTOMOTIVE END-USE INDUSTRY, BY REGION,  2022–2028 (USD MILLION)      73

8.4         MEDICAL          73

8.4.1      GROWING MEDICAL DEVICE INDUSTRY TO DRIVE DEMAND    73

TABLE 33           GLASS SUBSTRATE MARKET IN MEDICAL END-USE INDUSTRY, BY REGION,  2019–2021 (USD MILLION)             74

TABLE 34           GLASS SUBSTRATE MARKET IN MEDICAL END-USE INDUSTRY, BY REGION, 2022–2028 (USD MILLION)  74

8.5         AEROSPACE & DEFENSE             74

8.5.1      HIGH OPTICAL CLARITY AND RESISTANCE TO ENVIRONMENTAL FACTORS TO DRIVE DEMAND  74

TABLE 35           GLASS SUBSTRATE MARKET IN AEROSPACE AND DEFENSE END-USE INDUSTRY,  BY REGION, 2019–2021 (USD MILLION)   75

TABLE 36           GLASS SUBSTRATE MARKET IN AEROSPACE AND DEFENSE END-USE INDUSTRY,  BY REGION, 2022–2028 (USD MILLION)   75

8.6         SOLAR POWER 75

8.6.1      RAISING CONCERN FOR CLIMATE CHANGE AND ENVIRONMENTAL ISSUES TO DRIVE DEMAND       75

TABLE 37           GLASS SUBSTRATE MARKET IN SOLAR POWER END-USE INDUSTRY, BY REGION,  2019–2021 (USD MILLION)      76

TABLE 38           GLASS SUBSTRATE MARKET IN SOLAR POWER END-USE INDUSTRY, BY REGION,  2022–2028 (USD MILLION)      76

9            GLASS SUBSTRATE MARKET, BY REGION           77

9.1         INTRODUCTION            78

FIGURE 31         GLASS SUBSTRATE MARKET GROWTH RATE, BY COUNTRY, 2023–2028          78

TABLE 39           GLASS SUBSTRATE MARKET, BY REGION, 2019–2021 (USD MILLION)          79

TABLE 40           GLASS SUBSTRATE MARKET, BY REGION, 2022–2028 (USD MILLION)          79

9.2         NORTH AMERICA          79

9.2.1      RECESSION IMPACT      79

TABLE 41           NORTH AMERICA: GLASS SUBSTRATE MARKET, BY COUNTRY, 2019–2021 (USD MILLION)          80

TABLE 42           NORTH AMERICA: GLASS SUBSTRATE MARKET, BY COUNTRY, 2022–2028 (USD MILLION)          80

TABLE 43           NORTH AMERICA: GLASS SUBSTRATE MARKET, BY TYPE, 2019–2021 (USD MILLION)     80

TABLE 44           NORTH AMERICA: GLASS SUBSTRATE MARKET, BY TYPE, 2022–2028 (USD MILLION)     81

TABLE 45           NORTH AMERICA: GLASS SUBSTRATE MARKET, BY END-USE INDUSTRY,  2019–2021 (USD MILLION) 81

TABLE 46           NORTH AMERICA: GLASS SUBSTRATE MARKET, BY END-USE INDUSTRY,  2022–2028 (USD MILLION) 81

9.2.2      US         82

9.2.2.1   Growing semiconductor and automotive industries to drive demand        82

TABLE 47           US: GLASS SUBSTRATE MARKET, BY TYPE, 2019–2021 (USD MILLION)          82

TABLE 48           US: GLASS SUBSTRATE MARKET, BY TYPE, 2022–2028 (USD MILLION)          83

TABLE 49           US: GLASS SUBSTRATE MARKET, BY END-USE INDUSTRY, 2019–2021 (USD MILLION)     83

TABLE 50           US: GLASS SUBSTRATE MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)     83

9.2.3      CANADA            84

9.2.3.1   Rising solar and automotive industries to drive demand             84

TABLE 51           CANADA: GLASS SUBSTRATE MARKET, BY TYPE, 2019–2021 (USD MILLION) 84

TABLE 52           CANADA: GLASS SUBSTRATE MARKET, BY TYPE, 2022–2028 (USD MILLION) 85

TABLE 53          CANADA: GLASS SUBSTRATE MARKET, BY END-USE INDUSTRY,  2019–2021 (USD MILLION)          85

TABLE 54          CANADA: GLASS SUBSTRATE MARKET, BY END-USE INDUSTRY,  2022–2028 (USD MILLION)          85

9.2.4      MEXICO             86

9.2.4.1   Increasing automotive industry to grow market            86

TABLE 55           MEXICO: GLASS SUBSTRATE MARKET, BY TYPE, 2019–2021 (USD MILLION) 86

TABLE 56           MEXICO: GLASS SUBSTRATE MARKET, BY TYPE, 2022–2028 (USD MILLION) 86

TABLE 57           MEXICO: GLASS SUBSTRATE MARKET, BY END-USE INDUSTRY,  2019–2021 (USD MILLION)          87

TABLE 58           MEXICO: GLASS SUBSTRATE MARKET, BY END-USE INDUSTRY,  2022–2028 (USD MILLION)          87

9.3         ASIA PACIFIC    87

9.3.1      RECESSION IMPACT      88

FIGURE 32         ASIA PACIFIC: MARKET SNAPSHOT       88

TABLE 59           ASIA PACIFIC: GLASS SUBSTRATE MARKET, BY COUNTRY, 2019–2021 (USD MILLION)          89

TABLE 60           ASIA PACIFIC: GLASS SUBSTRATE MARKET, BY COUNTRY, 2022–2028 (USD MILLION)          89

TABLE 61           ASIA PACIFIC: GLASS SUBSTRATE MARKET, BY TYPE, 2019–2021 (USD MILLION) 89

TABLE 62           ASIA PACIFIC: GLASS SUBSTRATE MARKET, BY TYPE, 2022–2028 (USD MILLION) 90

TABLE 63           ASIA PACIFIC: GLASS SUBSTRATE MARKET, BY END-USE INDUSTRY,  2019–2021 (USD MILLION) 90

TABLE 64           ASIA PACIFIC: GLASS SUBSTRATE MARKET, BY END-USE INDUSTRY,  2022–2028 (USD MILLION) 90

9.3.2      CHINA  91

9.3.2.1   Government subsidies for semiconductor manufacturers to drive market 91

9.3.3      INDIA   91

9.3.3.1   Rising medical device and automotive industry to increase demand         91

TABLE 65           INDIA: GLASS SUBSTRATE MARKET, BY TYPE, 2019–2021 (USD MILLION)          92

TABLE 66           INDIA: GLASS SUBSTRATE MARKET, BY TYPE, 2022–2028 (USD MILLION)          92

TABLE 67           INDIA: GLASS SUBSTRATE MARKET, BY END-USE INDUSTRY, 2019–2021 (USD MILLION)          92

TABLE 68           INDIA: GLASS SUBSTRATE MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)          93

9.3.4      JAPAN  93

9.3.4.1   Growing automotive and semiconductor industries to support market     93

TABLE 69           JAPAN: GLASS SUBSTRATE MARKET, BY TYPE, 2019–2021 (USD MILLION)          94

TABLE 70           JAPAN: GLASS SUBSTRATE MARKET, BY TYPE, 2022–2028 (USD MILLION)          94

TABLE 71           JAPAN: GLASS SUBSTRATE MARKET, BY END-USE INDUSTRY, 2019–2021 (USD MILLION)          94

TABLE 72           JAPAN: GLASS SUBSTRATE MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)          95

9.3.5      SOUTH KOREA 95

9.3.5.1   Growing electric vehicle market and government initiatives to drive demand              95

TABLE 73           SOUTH KOREA: GLASS SUBSTRATE MARKET, BY TYPE, 2019–2021 (USD MILLION)     96

TABLE 74           SOUTH KOREA: GLASS SUBSTRATE MARKET, BY TYPE, 2022–2028 (USD MILLION)     96

TABLE 75           SOUTH KOREA: GLASS SUBSTRATE MARKET, BY END-USE INDUSTRY,  2019–2021 (USD MILLION) 96

TABLE 76           SOUTH KOREA: GLASS SUBSTRATE MARKET, BY END-USE INDUSTRY,  2022–2028 (USD MILLION) 97

9.3.6      TAIWAN             97

9.3.6.1   Growing semiconductor industry to drive market         97

TABLE 77           TAIWAN: GLASS SUBSTRATE MARKET, BY TYPE, 2019–2021 (USD MILLION) 97

TABLE 78           TAIWAN: GLASS SUBSTRATE MARKET, BY TYPE, 2022–2028 (USD MILLION) 98

TABLE 79           TAIWAN: GLASS SUBSTRATE MARKET, BY END-USE INDUSTRY,  2019–2021 (USD MILLION)          98

TABLE 80           TAIWAN: GLASS SUBSTRATE MARKET, BY END-USE INDUSTRY,  2022–2028 (USD MILLION)          98

9.3.7      REST OF ASIA PACIFIC  99

TABLE 81           REST OF ASIA PACIFIC: GLASS SUBSTRATE MARKET, BY TYPE, 2019–2021 (USD MILLION)          99

TABLE 82           REST OF ASIA PACIFIC: GLASS SUBSTRATE MARKET, BY TYPE, 2022–2028 (USD MILLION)          99

TABLE 83           REST OF ASIA PACIFIC: GLASS SUBSTRATE MARKET, BY END-USE INDUSTRY,  2019–2021 (USD MILLION)      100

TABLE 84           REST OF ASIA PACIFIC: GLASS SUBSTRATE MARKET, BY END-USE INDUSTRY,  2022–2028 (USD MILLION)      100

9.4         EUROPE             100

9.4.1      RECESSION IMPACT      101

FIGURE 33         EUROPE: MARKET SNAPSHOT  101

TABLE 85           EUROPE: GLASS SUBSTRATE MARKET, BY COUNTRY, 2019–2021 (USD MILLION) 102

TABLE 86           EUROPE: GLASS SUBSTRATE MARKET, BY COUNTRY, 2022–2028 (USD MILLION) 102

TABLE 87           EUROPE: GLASS SUBSTRATE MARKET, BY TYPE, 2019–2021 (USD MILLION) 102

TABLE 88           EUROPE: GLASS SUBSTRATE MARKET, BY TYPE, 2022–2028 (USD MILLION) 103

TABLE 89           EUROPE: GLASS SUBSTRATE MARKET, BY END-USE INDUSTRY,  2019–2021 (USD MILLION)          103

TABLE 90           EUROPE: GLASS SUBSTRATE MARKET, BY END-USE INDUSTRY,  2022–2028 (USD MILLION)          103

9.4.2      GERMANY         104

9.4.2.1   Growing end-use industries to drive demand 104

TABLE 91           GERMANY: GLASS SUBSTRATE MARKET, BY TYPE, 2019–2021 (USD MILLION) 104

TABLE 92           GERMANY: GLASS SUBSTRATE MARKET, BY TYPE, 2022–2028 (USD MILLION) 105

TABLE 93           GERMANY: GLASS SUBSTRATE MARKET, BY END-USE INDUSTRY,  2019–2021 (USD MILLION) 105

TABLE 94           GERMANY: GLASS SUBSTRATE MARKET, BY END-USE INDUSTRY,  2022–2028 (USD MILLION) 105

9.4.3      UK         106

9.4.3.1   Government initiatives to provide growth opportunities            106

TABLE 95           UK: GLASS SUBSTRATE MARKET, BY TYPE, 2019–2021 (USD MILLION)          106

TABLE 96           UK: GLASS SUBSTRATE MARKET, BY TYPE, 2022–2028 (USD MILLION)          107

TABLE 97           UK: GLASS SUBSTRATE MARKET, BY END-USE INDUSTRY, 2019–2021 (USD MILLION)          107

TABLE 98           UK: GLASS SUBSTRATE MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)          107

9.4.4      FRANCE             108

9.4.4.1   Government initiatives and growing automotive industry to drive demand              108

TABLE 99           FRANCE: GLASS SUBSTRATE MARKET, BY TYPE, 2019–2021 (USD MILLION) 108

TABLE 100         FRANCE: GLASS SUBSTRATE MARKET, BY TYPE, 2022–2028 (USD MILLION) 109

TABLE 101         FRANCE: GLASS SUBSTRATE MARKET, BY END-USE INDUSTRY,  2019–2021 (USD MILLION)          109

TABLE 102         FRANCE: GLASS SUBSTRATE MARKET, BY END-USE INDUSTRY,  2022–2028 (USD MILLION)          109

9.4.5      ITALY   110

9.4.5.1   Growing solar power industry to drive market 110

TABLE 103         ITALY: GLASS SUBSTRATE MARKET, BY TYPE, 2019–2021 (USD MILLION)          110

TABLE 104         ITALY: GLASS SUBSTRATE MARKET, BY TYPE, 2022–2028 (USD MILLION)          111

TABLE 105         ITALY: GLASS SUBSTRATE MARKET, BY END-USE INDUSTRY, 2019–2021 (USD MILLION)          111

TABLE 106         ITALY: GLASS SUBSTRATE MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)          111

9.4.6      RUSSIA 112

9.4.6.1   Government investment to generate demand 112

TABLE 107         RUSSIA: GLASS SUBSTRATE MARKET, BY TYPE, 2019–2021 (USD MILLION)          112

TABLE 108         RUSSIA: GLASS SUBSTRATE MARKET, BY TYPE, 2022–2028 (USD MILLION)          112

TABLE 109         RUSSIA: GLASS SUBSTRATE MARKET, BY END-USE INDUSTRY,  2019–2021 (USD MILLION)          113

TABLE 110         RUSSIA: GLASS SUBSTRATE MARKET, BY END-USE INDUSTRY,  2022–2028 (USD MILLION)          113

9.4.7      REST OF EUROPE           113

TABLE 111         REST OF EUROPE: GLASS SUBSTRATE MARKET, BY TYPE, 2019–2021 (USD MILLION)     114

TABLE 112         REST OF EUROPE: GLASS SUBSTRATE MARKET, BY TYPE, 2022–2028 (USD MILLION)     114

TABLE 113         REST OF EUROPE: GLASS SUBSTRATE MARKET, BY END-USE INDUSTRY, 2019–2021 (USD MILLION)   114

TABLE 114         REST OF EUROPE: GLASS SUBSTRATE MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)   115

9.5         SOUTH AMERICA           115

9.5.1      RECESSION IMPACT      116

TABLE 115         SOUTH AMERICA: GLASS SUBSTRATE MARKET, BY COUNTRY, 2019–2021 (USD MILLION)          116

TABLE 116         SOUTH AMERICA: GLASS SUBSTRATE MARKET, BY COUNTRY, 2022–2028 (USD MILLION)          116

TABLE 117         SOUTH AMERICA: GLASS SUBSTRATE MARKET, BY TYPE, 2019–2021 (USD MILLION)     117

TABLE 118         SOUTH AMERICA: GLASS SUBSTRATE MARKET, BY TYPE, 2022–2028 (USD MILLION)     117

TABLE 119         SOUTH AMERICA: GLASS SUBSTRATE MARKET, BY END-USE INDUSTRY,  2019–2021 (USD MILLION) 117

TABLE 120         SOUTH AMERICA: GLASS SUBSTRATE MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)   118

9.5.2      BRAZIL 118

9.5.2.1   Growing automotive industry and government initiatives to drive market 118

TABLE 121         BRAZIL: GLASS SUBSTRATE MARKET, BY TYPE, 2019–2021 (USD MILLION)          119

TABLE 122         BRAZIL: GLASS SUBSTRATE MARKET, BY TYPE, 2022–2028 (USD MILLION)          119

TABLE 123         BRAZIL: GLASS SUBSTRATE MARKET, BY END-USE INDUSTRY,  2019–2021 (USD MILLION)          119

TABLE 124         BRAZIL: GLASS SUBSTRATE MARKET, BY END-USE INDUSTRY,  2022–2028 (USD MILLION)          120

9.5.3      ARGENTINA      120

9.5.3.1   Renewable energy initiatives and growing automotive industry to boost market              120

TABLE 125         ARGENTINA: GLASS SUBSTRATE MARKET, BY TYPE, 2019–2021 (USD MILLION) 121

TABLE 126         ARGENTINA: GLASS SUBSTRATE MARKET, BY TYPE, 2022–2028 (USD MILLION) 121

TABLE 127         ARGENTINA: GLASS SUBSTRATE MARKET, BY END-USE INDUSTRY,  2019–2021 (USD MILLION) 121

TABLE 128         ARGENTINA: GLASS SUBSTRATE MARKET, BY END-USE INDUSTRY,  2022–2028 (USD MILLION) 122

9.5.4      REST OF SOUTH AMERICA         122

TABLE 129         REST OF SOUTH AMERICA: GLASS SUBSTRATE MARKET, BY TYPE, 2019–2021 (USD MILLION)             122

TABLE 130         REST OF SOUTH AMERICA: GLASS SUBSTRATE MARKET, BY TYPE,  2022–2028 (USD MILLION)          123

TABLE 131         REST OF SOUTH AMERICA: GLASS SUBSTRATE MARKET, BY END-USE INDUSTRY,  2019–2021 (USD MILLION)           123

TABLE 132         REST OF SOUTH AMERICA: GLASS SUBSTRATE MARKET, BY END-USE INDUSTRY,  2022–2028 (USD MILLION)           123

10          COMPETITIVE LANDSCAPE       124

10.1       OVERVIEW        124

10.2       OVERVIEW OF STRATEGIES ADOPTED  BY KEY GLASS SUBSTRATE PLAYERS           124

10.3       MARKET SHARE ANALYSIS         126

FIGURE 34         GLASS SUBSTRATE MARKET: MARKET SHARE ANALYSIS              126

TABLE 133         GLASS SUBSTRATE MARKET: DEGREE OF COMPETITION              127

10.4       REVENUE ANALYSIS OF TOP MARKET PLAYERS 127

FIGURE 35         REVENUE ANALYSIS FOR KEY COMPANIES IN GLASS SUBSTRATE MARKET IN PAST FIVE YEARS         127

10.5       COMPANY EVALUATION MATRIX          128

10.5.1    STARS  128

10.5.2    EMERGING LEADERS    128

10.5.3    PERVASIVE PLAYERS     128

10.5.4    PARTICIPANTS 128

FIGURE 36         COMPANY EVALUATION MATRIX, 2022 129

10.6       COMPANY FOOTPRINT 130

FIGURE 37         GLASS SUBSTRATE MARKET: PRODUCT FOOTPRINT (25 COMPANIES)    130

TABLE 134         GLASS SUBSTRATE MARKET: END-USE INDUSTRY FOOTPRINT (25 COMPANIES)            131

TABLE 135         GLASS SUBSTRATE MARKET: REGIONAL FOOTPRINT (25 COMPANIES)    132

TABLE 136         GLASS SUBSTRATE MARKET: COMPANY FOOTPRINT (25 COMPANIES)    133

10.7       START-UPS/SMES EVALUATION MATRIX, 2022  134

10.7.1    PROGRESSIVE COMPANIES       134

10.7.2    RESPONSIVE COMPANIES          134

10.7.3    DYNAMIC COMPANIES 134

10.7.4    STARTING BLOCKS       134

FIGURE 38         START-UPS/SMES EVALUATION MATRIX: GLASS SUBSTRATE MARKET, 2022  135

10.8       COMPETITIVE BENCHMARKING            135

TABLE 137         GLASS SUBSTRATE MARKET: DETAILED LIST OF KEY START-UP/SMES           135

TABLE 138         GLASS SUBSTRATE MARKET: COMPETITIVE BENCHMARKING OF KEY START-UP/SMES            136

10.9       COMPETITIVE SCENARIO AND TRENDS             137

10.9.1    PRODUCT LAUNCHES  137

TABLE 139         PRODUCT LAUNCHES, 2019–2023           137

10.9.2    DEALS  138

TABLE 140         DEALS, 2019–2023           138

11          COMPANY PROFILES    140

11.1       KEY PLAYERS   140

(Business Overview, Products/Solutions/Services offered, Recent Developments, MnM View)*

11.1.1    AGC INC.            140

TABLE 141         AGC INC.: COMPANY OVERVIEW            140

FIGURE 39         AGC INC.: COMPANY SNAPSHOT            141

TABLE 142         AGC INC.: DEALS           142

TABLE 143         AGC INC.: PRODUCT LAUNCHES            143

TABLE 144         AGC INC.: OTHERS        143

11.1.2    SCHOTT AG      145

TABLE 145         SCHOTT AG: COMPANY OVERVIEW      145

FIGURE 40         SCHOTT AG: COMPANY SNAPSHOT      146

TABLE 146         SCHOTT AG: DEALS      147

TABLE 147         SCHOTT AG: PRODUCT LAUNCHES      148

TABLE 148         SCHOTT AG: OTHERS   148

11.1.3    CORNING INCORPORATED       150

TABLE 149         CORNING INCORPORATED: COMPANY OVERVIEW        150

FIGURE 41         CORNING INCORPORATED: COMPANY SNAPSHOT       151

TABLE 150         CORNING INCORPORATED: DEALS       152

TABLE 151         CORNING INCORPORATED: PRODUCT LAUNCHES        152

TABLE 152         CORNING INCORPORATED: OTHERS    152

11.1.4    NIPPON SHEET GLASS CO., LTD.            154

TABLE 153         NIPPON SHEET GLASS CO., LTD.: COMPANY OVERVIEW              154

FIGURE 42         NIPPON SHEET GLASS CO., LTD.: COMPANY SNAPSHOT              155

TABLE 154         NIPPON SHEET GLASS CO., LTD.: DEALS            156

TABLE 155         NIPPON SHEET GLASS CO., LTD.: PRODUCT LAUNCHES              156

TABLE 156         NIPPON SHEET GLASS CO., LTD.: OTHERS         156

11.1.5    PLAN OPTIK AG             158

TABLE 157         PLAN OPTIK AG: COMPANY OVERVIEW 158

FIGURE 43         PLAN OPTIK AG: COMPANY SNAPSHOT             158

TABLE 158         PLAN OPTIK AG: DEALS             159

11.1.6    HOYA CORPORATION  160

TABLE 159         HOYA CORPORATION: COMPANY OVERVIEW   160

FIGURE 44         HOYA CORPORATION: COMPANY SNAPSHOT   161

11.1.7    OHARA INC.      163

TABLE 160         OHARA INC.: COMPANY OVERVIEW      163

FIGURE 45         OHARA INC.: COMPANY SNAPSHOT      163

11.1.8    IRICO GROUP NEW ENERGY COMPANY LIMITED           165

TABLE 161         IRICO GROUP NEW ENERGY COMPANY LIMITED: COMPANY OVERVIEW        165

FIGURE 46         IRICO GROUP NEW ENERGY COMPANY LIMITED: COMPANY SNAPSHOT        166

11.1.9    TOPPAN INC.    167

TABLE 162         TOPPAN INC.: COMPANY OVERVIEW    167

FIGURE 47         TOPPAN INC.: COMPANY SNAPSHOT    168

11.1.10  TUNGHSU GROUP CO. LTD.      169

TABLE 163         TUNGHSU GROUP CO. LTD.: COMPANY OVERVIEW      169

11.1.11  NIPPON ELECTRIC GLASS CO., LTD.      170

TABLE 164         NIPPON ELECTRIC GLASS CO., LTD.: COMPANY OVERVIEW              170

FIGURE 48         NIPPON ELECTRIC GLASS CO., LTD.: COMPANY SNAPSHOT              170

TABLE 165         NIPPON ELECTRIC GLASS CO., LTD.: DEALS      171

TABLE 166         NIPPON ELECTRIC GLASS CO., LTD.: PRODUCT LAUNCHES              171

11.2       OTHER PLAYERS           173

11.2.1    SPECIALTY GLASS PRODUCTS  173

TABLE 167         SPECIALTY GLASS PRODUCTS: COMPANY OVERVIEW   173

11.2.2    ABSOLICS INC.  173

TABLE 168         ABSOLICS INC.: COMPANY OVERVIEW  173

11.2.3    BIOTAIN CRYSTAL CO., LIMITED           174

TABLE 169         BIOTAIN CRYSTAL CO., LIMITED: COMPANY OVERVIEW              174

11.2.4    YATEKS             174

TABLE 170         YATEKS: COMPANY OVERVIEW 174

11.2.5    VALLEY DESIGN CORP. 175

TABLE 171         VALLEY DESIGN CORP.: COMPANY OVERVIEW 175

11.2.6    AVANSTRATE INC.         175

TABLE 172         AVANSTRATE INC.: COMPANY OVERVIEW         175

11.2.7    KYODO INTERNATIONAL, INC. 176

TABLE 173         KYODO INTERNATIONAL, INC.: COMPANY OVERVIEW 176

11.2.8    TAIWAN GLASS IND. CORP.       176

TABLE 174         TAIWAN GLASS IND. CORP.: COMPANY OVERVIEW        176

11.2.9    GUARDIAN INDUSTRIES             177

TABLE 175         GUARDIAN INDUSTRIES: COMPANY OVERVIEW             177

11.2.10  TECNISCO, LTD.            178

TABLE 176         TECNISCO, LTD.: COMPANY OVERVIEW             178

11.2.11  ARRYAIT CORPORATION           179

TABLE 177         ARRYAIT CORPORATION: COMPANY OVERVIEW            179

11.2.12  PRÄZISIONS GLAS & OPTIK GMBH         179

TABLE 178         PRÄZISIONS GLAS & OPTIK GMBH: COMPANY OVERVIEW              179

11.2.13  JIANGSU SUCHUAN TECHNOLOGY CO., LTD.    180

TABLE 179         JIANGSU SUCHUAN TECHNOLOGY CO., LTD.: COMPANY OVERVIEW        180

11.2.14  BUWON PRECISION SCIENCES CO., LTD.            180

TABLE 180         BUWON PRECISION SCIENCES CO., LTD.: COMPANY OVERVIEW        180

11.2.15  VIRACON           181

TABLE 181         VIRACON: COMPANY OVERVIEW           181

*Details on Business Overview, Products/Solutions/Services offered, Recent Developments, MnM View might not be captured in case of unlisted companies.

12          ADJACENT MARKET      182

12.1       INTRODUCTION            182

12.2       DISPLAY MARKET         182

TABLE 182         DISPLAY MARKET, BY REGION, 2019–2022 (USD BILLION)              183

TABLE 183         DISPLAY MARKET, BY REGION, 2023–2028 (USD BILLION)              183

13          APPENDIX         184

13.1       DISCUSSION GUIDE      184

13.2       KNOWLEDGESTORE: MARKETSANDMARKETS’  SUBSCRIPTION PORTAL             187

13.3       AVAILABLE CUSTOMIZATIONS 189

13.4       RELATED REPORTS       189

13.5       AUTHOR DETAILS         190