Ultra-Thin Glass Market 2018: Global Size, Share, Industry Growth, Emerging Trends and Comprehensive Research Study Till 2024

Ultra-thin glass is glass with a thickness range in micrometers. The properties accorded to the substrate provide it with properties akin to plastic.

Pune, India - March 11, 2019 /MarketersMedia/ —

Ultra-Thin Glass Market Overview to 2024:

The global ultra-thin glass market is perceiving its heydays, enjoying the augmented demand mainly due to the proliferation of smartphones. An ultra-thin glass is a critical material for smartphones, tablets, computers, and other electronic products. Manufacturers of these devices face pressure from consumers to produce lighter and thinner products.

Ultra-thin glasses are largely used in the making of screen protectors of smartphones for a range of benefits they offer in terms of toughness, feel, look and installation. Due to these advantages, the screen protectors made of ultra-thin glass are preferred more over the traditional screen guards that were made of plastic.

Similarly, ultra-thin glasses are preferred for the screens of smart TV/ OLED TVs and other, technologically advanced TVs for improved light transmittance and flexibility they offer in electronic displays. It is needless to say that the huge popularity of ultra-thin glasses is garnering more traction, worldwide. Advancements in the technology needed to manufacture ultra-thin glass are escalating the market growth on the global platform.

Acknowledging the kind of traction, the market is garnering currently, Market Research Future (MRFR) in its recently published study report, asserts that global ultra-thin glass market is estimated to upsurge up by 2024 registering a staggering CAGR over 11% during the assessment period (2018 to 2024).

Solar Panels is the second largest end-use industry for ultra-thin glasses. The inclination towards renewable sources of energy will up open up growth opportunities for the market. Furthermore, increasing usages of ultra-thin glasses in medical devices and, automotive glazing used in the healthcare and automotive sectors, respectively, is expected to drive market growth over the forecast period. Augmenting demand for consumer electronic products is estimated to bolster the market demand in the years to come.

On the other hand, factors such as the high cost of raw materials used in the manufacturing of ultra-thin glass along with the cost and time required for developing the technology are expected to intimidate the market growth. Nevertheless, the wide range of product portfolio provided by the manufacturers of ultra-thin glass heading with the huge popularity will support the market growth to an extent.

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Global Ultra-Thin Glass Market - Segments

The ultra-thin glass market is segmented into five key dynamics for the convenience of the report;

By Manufacturing Processes : Float, and Fusion among others.

By Thickness : https://www.marketresearchfuture.com/reports/ultra-thin-glass-market-5939

Global Ultra-Thin Glass Market - Competitive Analysis

The global ultra-thin glass market appears to be highly competitive and diversified with the presence of many well-established players having a regional and global presence. Innovation, mergers & acquisitions, and brand reinforcement remain the key trends for leading players in the market.

Key Players:

Central Glass Co., Ltd.,
Emerge Glass
Runtai Industry Co., LTD.
Aeon Industries Corporation Ltd.
Corning Incorporated
Nippon Electric Glass Co., Ltd.
Taiwan Glass Ind. Corp.
Luoyang Glass Co., Ltd.
Changzhou Almaden Co., Ltd.
Scott AG
Xinyi Glass Holdings Limited
Novalglass
Nitto Boseki Co., Ltd.
CSG Holding Co., Ltd.
Asahi Glass Co., Ltd.
Industry/ Innovation/ Related News:

September 26, 2018 Oculus VR (US), a technology company updated its predictions for the future of VR headset technology in a talk at Oculus Connect 5. Most notably, it was about an end to the bulky headsets that define the experience today. Oculus VR will soon bring ultra-thin headsets to the market.

Pancake lenses that are already in use with interchangeable lens cameras could slim down headsets or lead to ultra-wide fields of view, but the real star may be waveguide displays, where light bounces down ultra-thin glass plates. Soon the world will see augmented reality glasses that are "socially acceptable.

April 28, 2018 - Bengbu Glass Industry Design Research Institute (China), a national comprehensive Class-A design and research unit announced that its Ultra-thin glass product for use in electronic touch screens has set a new world record for its thinness. The new ultra-thin glass is just 0.12 mm thick, beating the previous world record of 0.15 mm and several advantages over current glass technology such as the high light transmittance, and extreme toughness it is hard to break even when it is bent into a ring.

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