Ultra Thin Glass Market Size in North America, SWOT Analysis, Key Players and Forecast up to 2026

The North America ultra thin glass market size will exceed 2.9 Bn by 2026. Consumer electronics industry in North America is experiencing a boom period in the past few years, thanks to the advent of the digital era. An increasing percentage of the young population in the region is buying smartphones for both business and leisure purposes. Ultra-thin glasses are used in various consumer electronic products like LCD TV screens, smartphones, fingerprint sensors and other devices.

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They are highly resistant to corrosion and provide excellent durability to the devices as well. There is an incredible rise in the number of consumer electronic companies in the region as well, resulting in a positive influence over the growth of ultra thin glass market.

There are various production methods used for making glass. Ultra-thin glass industry comprises various manufacturing processes like downdraw, overflow-fusion and float processes. Out of these, it is being reported that the float process is going to showcase promising demand in the coming years. A major reason for this is being attributed to the benefits of using this process. It helps in manufacturing glasses that are of high quality, free from distortions and possess greater smoothness as well.

Ultra-thin glasses have a variety of thickness types like 0.1-0.5 mm, less than 0.1 mm and 0.5 to 1.2 mm. Out of these, it was observed that the demand for glasses with 0.1-0.5 mm thickness is projected to show promising growth in North America during the forecast period of 2020-2026. In fact, this segment held a market share of 60% in 2019 and is expected to grow at more than 12% CAGR during the mentioned forecast timeline.

The main reason for this is that glasses of this thickness grade can be used in a wide variety of devices like smartphones, LCDs and tablets. According to the statistics released by the United States International Trade Commission, the sale of consumer electronics in the country was anticipated to cross $65 billion by the year 2021.

The U.S. created a dominion position in ultra thin glass market in North America in 2019 by capturing over 90% of the market share. This trend is predicted to grow in the future as well because of the growing semiconductor industry in the region. A market report released by the Semiconductor Industry Association, in U.S. this industry held a market valuation of over $160 billion.

There are different application segments in ultra thin glass market in North America such as substrates, semiconductors, flat panel displays and touch control devices. Out of these products, ultra-thin glass is reported to find its highest application in semiconductors and flat panel displays because they are mostly used in smartphones and television displays. The important benefit of ultra-thin glass is that it is lightweight which helps in reducing the weight of electronic devices.

Various advanced technologies like Internet of Things (IoT) and 5G connectivity are experiencing substantial demand among consumers. This is another factor that will propel demand for ultra-thin glass in North America.

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Some of the renowned companies engaged in manufacturing ultra-thin glass in North America are Corning Aircraft Glass, Emerge Glass, Nippon Sheet Glass, CGS Holdings, Schott Glass AG, Luoyang Glass, AGC Pilkington, Taiwan Glass, among others.

Table of Contents (ToC) of the report:

Chapter 1   Methodology And Scope

1.1    Methodology

1.2    Market Definition

1.3    Market estimation & forecast parameters

1.3.1    Base estimation & working    North America

1.4    Forecast calculation

1.4.1    COVID-19 impact calculations on industry forecast

1.5    Data sources

1.5.1    Primary

1.5.2    Secondary

Chapter 2   Executive Summary

2.1    Ultra thin glass market 360° synopsis, 2016– 2026

2.1.1    Business trends

2.1.2    Thickness trends

2.1.3    Production process trends

2.1.4    Application trends

2.1.5    Regional trends

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