세계의 유리 기판 시장 예측(-2030년) : 부문별 분석

According to Stratistics MRC, the Global Glass Substrate Market is accounted for $7.51 billion in 2023 and is expected to reach $10.92 billion by 2030 growing at a CAGR of 5.5% during the forecast period. A glass substrate is a flat, rigid material made from glass used as a base for electronic components. It provides structural support and serves as a foundation for depositing thin films of various materials. Glass substrates are chosen for their transparency, smoothness, and thermal properties. The properties of the glass substrate significantly influence the performance and durability of the final product.

According to India Brand Equity Foundation (IBEF), the healthcare industry in the country is expected to reach by USD 372 billion by 2022.

Market Dynamics:

Driver:

Surging demand for solar panels

As renewable energy initiatives continue to gain traction globally, the need for high-quality glass substrates for solar panels has increased substantially. Glass substrates are essential components in solar panel manufacturing, providing durability and transparency for efficient energy conversion. This rising demand has led to advancements in glass substrate technology, including thinner and more efficient designs, further driving growth in the market. With the push towards sustainable energy sources, the demand for glass substrates is expected to continue its upward trajectory.

Restraint:

Fluctuating raw material prices

Fluctuating raw material prices in the glass substrate industry are primarily influenced by factors such as supply chain disruptions, changes in energy costs, and currency fluctuations. These fluctuations can lead to increased production costs for manufacturers, affecting their profitability and pricing strategies. Additionally, higher production costs may ultimately be passed on to consumers, potentially dampening demand for glass substrates and hindering overall market growth.

Opportunity:

Expansion of the automotive industry

The vehicle manufacturers incorporate more advanced technologies into their vehicles, such as heads-up displays, touch screens, and advanced driver assistance systems (ADAS), which has increased the demand for high-quality glass substrates. These substrates are essential components in the production of automotive displays and sensors, providing durability, clarity, and functionality. As a result, the expansion of the automotive industry has led to greater opportunities and demand for glass substrates, driving growth in the market.

Threat:

Intense competition from alternatives

Alternatives such as plastic substrates and organic materials offer advantages such as flexibility, lightweight, and lower cost. The availability of alternative materials may lead some consumers to choose non-glass options, thereby reducing overall demand for glass substrates in certain applications. As a result, the market faces pressure to adapt and differentiate its offerings. This competition can hamper market growth as manufacturers must continually innovate to maintain market share.

Covid-19 Impact

The covid-19 pandemic significantly impacted the glass substrate market. Initially, the market faced disruptions due to supply chain interruptions, workforce shortages, and decreased demand from industries like electronics and automotive. Lockdown measures and economic uncertainties led to project delays and cancellations, affecting glass substrate manufacturers. However, as economies gradually reopened and remote work surged, there was a rebound in demand for electronic devices, driving the need for glass substrates in applications like displays and semiconductors.

The fused silica glass segment is expected to be the largest during the forecast period

The fused silica glass segment is estimated to have a lucrative growth. Fused silica glass, a high-purity form of silicon dioxide, serves as a crucial substrate in various industries due to its exceptional optical and thermal properties. Produced through a specialized manufacturing process involving melting and cooling, it boasts low thermal expansion, high transparency across a wide spectrum, and excellent resistance to temperature fluctuations. Its purity and stability make it suitable for demanding environments like space exploration and high-energy physics experiments.

The electronics segment is expected to have the highest CAGR during the forecast period

The electronics segment is anticipated to witness the highest CAGR growth during the forecast period. Glass substrates provide a stable, flat surface for depositing semiconductor materials and creating intricate electronic circuits. They offer excellent thermal and dimensional stability, crucial for maintaining device performance over time. Furthermore, glass substrates enable high-resolution imaging and ensure durability in electronic devices, enhancing their longevity and reliability. With advancements in glass technology, thinner and more flexible substrates are being developed, enabling new possibilities in electronic device design and functionality.

Region with largest share:

The Asia-Pacific region is a key player in the glass substrate market, driven by rapid industrialization, urbanization, and technological advancements. Countries like China, Japan, South Korea, and Taiwan are major contributors to market growth, with established electronics and automotive industries. The region benefits from a skilled workforce, robust infrastructure, and favourable government policies promoting innovation and investment in manufacturing. The growing demand for consumer electronics further fuels the demand for high-quality glass substrates in the Asia-Pacific region, making it a lucrative market for industry players.

Region with highest CAGR:

North America is projected to have the highest CAGR over the forecast period, owing to the presence of leading electronics and automotive manufacturers. The region benefits from a well-developed infrastructure, skilled workforce, and significant investments in research and development. Key players in the market include the United States and Canada, where companies leverage advanced manufacturing processes. Additionally, increasing adoption of smart devices and electric vehicles further stimulates market growth in the North American region.

Key players in the market

Some of the key players profiled in the Glass Substrate Market include Corning Incorporated, Asahi Glass Co. Limited, Nippon Electric Glass Corporation, SCHOTT AG, Guardian Industries, Intel Corporation, IRICO Group, Plan Optik AG, AvanStrate Inc., OHARA Inc., Abrisa Technologies, Saint-Gobain S.A., Taiwan Glass Corporation, LG Chem Limited and Tecnisco Limited.

Key Developments:

In September 2023, Intel has launched a novel glass substrate designed for "next-generation advanced packaging. The glass substrates are designed to enable the scaling of transistors in a package and advance Moore's Law.

In June 2023, Saint-Gobain India has unveiled its first production of a new glass with a remarkably low carbon footprint. This new glass substrate will retain the same level of technical, quality, and aesthetic performance as regular glass. It will soon be integrated as an option in the energy-efficient glass portfolio of Saint-Gobain Glass India, significantly contributing to the reduction of embodied carbon in buildings while enhancing operational energy efficiency.

Types Covered:

• Soda-Lime Glass
• Borosilicate Glass
• Aluminosilicate Glass
• Fused Silica Glass
• Specialty Glass
• Other Types

Functionalities Covered:

• Transparent
• Opaque
• Translucent

Sales Channels Covered:

• Direct Sales
• Distributors/Wholesalers
• Online Retail
• Specialty Stores
• Other Sales Channels

Technologies Covered:

• Float Glass Technology
• Rolled Glass Technology
• Sheet Glass Technology
• Quartz Glass Technology
• Other Technologies

Applications Covered:

• Flat Panel Displays
• Photovoltaic Cells
• Semiconductor Substrates
• Architectural Glass
• Optical Devices
• Other Applications

End Users Covered:

• Electronics
• Automotive
• Healthcare
• Aerospace & Defense
• Construction
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Technology Analysis
• 3.7 Application Analysis
• 3.8 End User Analysis
• 3.9 Emerging Markets
• 3.10 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Glass Substrate Market, By Type

• 5.1 Introduction
• 5.2 Soda-Lime Glass
• 5.3 Borosilicate Glass
• 5.4 Aluminosilicate Glass
• 5.5 Fused Silica Glass
• 5.6 Specialty Glass
• 5.7 Other Types

6 Global Glass Substrate Market, By Functionality

• 6.1 Introduction
• 6.2 Transparent
• 6.3 Opaque
• 6.4 Translucent

7 Global Glass Substrate Market, By Sales Channel

• 7.1 Introduction
• 7.2 Direct Sales
• 7.3 Distributors/Wholesalers
• 7.4 Online Retail
• 7.5 Specialty Stores
• 7.6 Other Sales Channels

8 Global Glass Substrate Market, By Technology

• 8.1 Introduction
• 8.2 Float Glass Technology
• 8.3 Rolled Glass Technology
• 8.4 Sheet Glass Technology
• 8.5 Quartz Glass Technology
• 8.6 Other Technologies

9 Global Glass Substrate Market, By Application

• 9.1 Introduction
• 9.2 Flat Panel Displays
• 9.3 Photovoltaic Cells
• 9.4 Semiconductor Substrates
• 9.5 Architectural Glass
• 9.6 Optical Devices
• 9.7 Other Applications

10 Global Glass Substrate Market, By End User

• 10.1 Introduction
• 10.2 Electronics
• 10.3 Automotive
• 10.4 Healthcare
• 10.5 Aerospace & Defense
• 10.6 Construction
• 10.7 Other End Users

11 Global Glass Substrate Market, By Geography

• 11.1 Introduction
• 11.2 North America
  • 11.2.1 US
  • 11.2.2 Canada
  • 11.2.3 Mexico
• 11.3 Europe
  • 11.3.1 Germany
  • 11.3.2 UK
  • 11.3.3 Italy
  • 11.3.4 France
  • 11.3.5 Spain
  • 11.3.6 Rest of Europe
• 11.4 Asia Pacific
  • 11.4.1 Japan
  • 11.4.2 China
  • 11.4.3 India
  • 11.4.4 Australia
  • 11.4.5 New Zealand
  • 11.4.6 South Korea
  • 11.4.7 Rest of Asia Pacific
• 11.5 South America
  • 11.5.1 Argentina
  • 11.5.2 Brazil
  • 11.5.3 Chile
  • 11.5.4 Rest of South America
• 11.6 Middle East & Africa
  • 11.6.1 Saudi Arabia
  • 11.6.2 UAE
  • 11.6.3 Qatar
  • 11.6.4 South Africa
  • 11.6.5 Rest of Middle East & Africa

12 Key Developments

• 12.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 12.2 Acquisitions & Mergers
• 12.3 New Product Launch
• 12.4 Expansions
• 12.5 Other Key Strategies

13 Company Profiling

• 13.1 Corning Incorporated
• 13.2 Asahi Glass Co. Limited
• 13.3 Nippon Electric Glass Corporation
• 13.4 SCHOTT AG
• 13.5 Guardian Industries
• 13.6 Intel Corporation
• 13.7 IRICO Group
• 13.8 Plan Optik AG
• 13.9 AvanStrate Inc.
• 13.10 OHARA Inc.
• 13.11 Abrisa Technologies
• 13.12 Saint-Gobain S.A.
• 13.13 Taiwan Glass Corporation
• 13.14 LG Chem Limited
• 13.15 Tecnisco Limited