Market Forecast by Countries (Germany, United Kingdom, France, Italy, Russia, Spain, Rest of Europe), By Thickness (<0.1mm, 0.1mm-0.5mm, 0.5mm-1.0mm), By Manufacturing Process (Float, Fusion, Down-Draw), By Application (Semiconductor Substrate, Touch Panel Display, Fingerprint Sensor, Others), By End-use Industry (Consumer Electronics, Automotive & Transportation, Medical & Healthcare, Others) And Competitive Landscape
Product Code: ETC396642 | Publication Date: Aug 2022 | Updated Date: Apr 2024 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Report Name | Europe Ultra Thin Glass Marketย |
Forecast period | 2024-2030 |
CAGR | 4.9% |
Growing Sector | Consumer Electronics |
Europe Ultra Thin Glass Market report thoroughly covers the market by countries, by thickness, by manufacturing process, by application, and by end use industry. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Europe Ultra Thin Glass Market is witnessing significant growth, driven by the increasing demand in various applications such as consumer electronics, automotive, and renewable energy sectors. This growth is primarily fueled by the European consumer's inclination towards sleek, durable, and advanced technology products, where ultra thin glass plays a crucial role in innovation.
According to 6Wresearch, the Europe Ultra Thin Glass Market size is anticipated to reach at a CAGR of 4.9% during the forecast period 2024-2030. The robust demand for high-quality, durable glass in electronics, the automotive industry's shift towards lighter materials, and the growing renewable energy sector's need for advanced materials like ultra thin glass. Despite the massive growth, the Europe Ultra Thin Glass industry is facing some challenges such as the high costs associated with manufacturing ultra thin glass and the technical challenges in maintaining durability without compromising on thinness. However, some emerging trends are shaping the market growth. These trends are the surge in investment towards research and development to overcome existing challenges, focus on recycling and sustainability practices in the production process, and the exploration of new market opportunities in flexible electronics and solar energy sectors. These movements are set to shape the future trajectory of the ultra thin glass market in Europe, suggesting a landscape of innovation and environmental consideration.
European governments are actively implementing initiatives to support the growth of the ultra thin glass market, recognizing its potential in contributing to sustainable development and innovation. These initiatives range from providing subsidies for research and development in ultra thin glass technology to establishing environmental regulations that encourage the use of sustainable materials in industries such as automotive and electronics.
Companies such as AGC Inc., Schott AG, and Corning Incorporated lead the market, due to their strong focus on research and development, commitment to sustainability, and extensive product portfolios that cater to the diverse needs of the consumer electronics.
The Europe ultra thin glass market growth is likely to expand in the future. The increasing demand for innovative, sustainable, and high-performance materials across various sectors presents significant opportunities for market expansion. Key trends that are expected to shape the market's future include the rising adoption of flexible and wearable electronics, the integration of ultra thin glass in smart building applications, and the ongoing efforts to reduce the carbon footprint of glass production.
According to Ravi Bhandari, Research Head, 6Wresearch, Germany stands out at the top which is leaving a positive impact in increasing the Europe ultra thin glass market share. Germany is leveraging its advanced manufacturing capabilities and strong emphasis on research and development to pioneer innovations in ultra thin glass. The country's robust automotive and electronics sectors, coupled with a thriving renewable energy industry, are driving the demand for ultra thin glass.
Based on the end use industry, the consumer electronics sector emerges as the leading end-use industry driving the market. This sector's dominance is propelled by the escalating demand for advanced, lightweight, and durable materials in the manufacturing of smartphones, tablets, wearable devices, and other electronics.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Europe Ultra Thin Glass Market Overview |
3.1 Europe Regional Macro Economic Indicators |
3.2 Europe Ultra Thin Glass Market Revenues & Volume, 2020 & 2030F |
3.3 Europe Ultra Thin Glass Market - Industry Life Cycle |
3.4 Europe Ultra Thin Glass Market - Porter's Five Forces |
3.5 Europe Ultra Thin Glass Market Revenues & Volume Share, By Countries, 2020 & 2030F |
3.6 Europe Ultra Thin Glass Market Revenues & Volume Share, By Thickness, 2020 & 2030F |
3.7 Europe Ultra Thin Glass Market Revenues & Volume Share, By Manufacturing Process, 2020 & 2030F |
3.8 Europe Ultra Thin Glass Market Revenues & Volume Share, By Form, 2020 & 2030F |
3.9 Europe Ultra Thin Glass Market Revenues & Volume Share, By End-use Industry, 2020 & 2030F |
4 Europe Ultra Thin Glass Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Europe Ultra Thin Glass Market Trends |
6 Europe Ultra Thin Glass Market, 2020 - 2030 |
6.1 Europe Ultra Thin Glass Market, Revenues & Volume, By Thickness, 2020 - 2030 |
6.2 Europe Ultra Thin Glass Market, Revenues & Volume, By Manufacturing Process, 2020 - 2030 |
6.3 Europe Ultra Thin Glass Market, Revenues & Volume, By Application, 2020 - 2030 |
6.4 Europe Ultra Thin Glass Market, Revenues & Volume, By End-use Industry, 2020 - 2030 |
7 Germany Ultra Thin Glass Market, 2020 - 2030 |
7.1 Germany Ultra Thin Glass Market, Revenues & Volume, By Thickness, 2020 - 2030 |
7.2 Germany Ultra Thin Glass Market, Revenues & Volume, By Manufacturing Process, 2020 - 2030 |
7.3 Germany Ultra Thin Glass Market, Revenues & Volume, By Application, 2020 - 2030 |
7.4 Germany Ultra Thin Glass Market, Revenues & Volume, By End-use Industry, 2020 - 2030 |
8 United Kingdom Ultra Thin Glass Market, 2020 - 2030 |
8.1 United Kingdom Ultra Thin Glass Market, Revenues & Volume, By Thickness, 2020 - 2030 |
8.2 United Kingdom Ultra Thin Glass Market, Revenues & Volume, By Manufacturing Process, 2020 - 2030 |
8.3 United Kingdom Ultra Thin Glass Market, Revenues & Volume, By Application, 2020 - 2030 |
8.4 United Kingdom Ultra Thin Glass Market, Revenues & Volume, By End-use Industry, 2020 - 2030 |
9 France Ultra Thin Glass Market, 2020 - 2030 |
9.1 France Ultra Thin Glass Market, Revenues & Volume, By Thickness, 2020 - 2030 |
9.2 France Ultra Thin Glass Market, Revenues & Volume, By Manufacturing Process, 2020 - 2030 |
9.3 France Ultra Thin Glass Market, Revenues & Volume, By Application, 2020 - 2030 |
9.4 France Ultra Thin Glass Market, Revenues & Volume, By End-use Industry, 2020 - 2030 |
10 Italy Ultra Thin Glass Market, 2020 - 2030 |
10.1 Italy Ultra Thin Glass Market, Revenues & Volume, By Thickness, 2020 - 2030 |
10.2 Italy Ultra Thin Glass Market, Revenues & Volume, By Manufacturing Process, 2020 - 2030 |
10.3 Italy Ultra Thin Glass Market, Revenues & Volume, By Application, 2020 - 2030 |
10.4 Italy Ultra Thin Glass Market, Revenues & Volume, By End-use Industry, 2020 - 2030 |
11 Russia Ultra Thin Glass Market, 2020 - 2030 |
11.1 Russia Ultra Thin Glass Market, Revenues & Volume, By Thickness, 2020 - 2030 |
11.2 Russia Ultra Thin Glass Market, Revenues & Volume, By Manufacturing Process, 2020 - 2030 |
11.3 Russia Ultra Thin Glass Market, Revenues & Volume, By Application, 2020 - 2030 |
11.4 Russia Ultra Thin Glass Market, Revenues & Volume, By End-use Industry, 2020 - 2030 |
12 Spain Ultra Thin Glass Market, 2020 - 2030 |
12.1 Spain Ultra Thin Glass Market, Revenues & Volume, By Thickness, 2020 - 2030 |
12.2 Spain Ultra Thin Glass Market, Revenues & Volume, By Manufacturing Process, 2020 - 2030 |
12.3 Spain Ultra Thin Glass Market, Revenues & Volume, By Application, 2020 - 2030 |
12.4 Spain Ultra Thin Glass Market, Revenues & Volume, By End-use Industry, 2020 - 2030 |
13 Rest of Europe Ultra Thin Glass Market, 2020 - 2030 |
13.1 Rest of Europe Ultra Thin Glass Market, Revenues & Volume, By Thickness, 2020 - 2030 |
13.2 Rest of Europe Ultra Thin Glass Market, Revenues & Volume, By Manufacturing Process, 2020 - 2030 |
13.3 Rest of Europe Ultra Thin Glass Market, Revenues & Volume, By Application, 2020 - 2030 |
13.4 Rest of Europe Ultra Thin Glass Market, Revenues & Volume, By End-use Industry, 2020 - 2030 |
14 Europe Ultra Thin Glass Market Key Performance Indicators |
15 Europe Ultra Thin Glass Market - Opportunity Assessment |
15.1 Europe Ultra Thin Glass Market Opportunity Assessment, By Countries, 2020 & 2030F |
15.2 Europe Ultra Thin Glass Market Opportunity Assessment, By Thickness, 2020 & 2030F |
15.3 Europe Ultra Thin Glass Market Opportunity Assessment, By Manufacturing Process, 2020 & 2030F |
15.4 Europe Ultra Thin Glass Market Opportunity Assessment, By Application, 2020 & 2030F |
15.5 Europe Ultra Thin Glass Market Opportunity Assessment, By End-use Industry, 2020 & 2030F |
16 Europe Ultra Thin Glass Market - Competitive Landscape |
16.1 Europe Ultra Thin Glass Market Revenue Share, By Companies, 2020 |
16.2 Europe Ultra Thin Glass Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Company Profiles |
18 Recommendations |
19 Disclaimer |