Ultra-Thin Glass Market Forecast to 2028,CNC Ultra Thin Glass Cutting Machine,Ultra Thin Mirror Cutting Machine,CNC Glass Cutting Machine,China Glass Cutting Machine
Ultra-Thin Glass Market Forecast to 2028,China Glass Machine Factory,Insulating Glass Machine
The global ultra-thin glass market was valued at US$ 6,139. 56 million in 2020 and is projected to reach US$ 15,264. 74 million by 2028; it is expected to grow at a CAGR of 11. 5% from 2021 to 2028.
Ultra-thin glass is those glass whose thickness is below 1-2mm.Chemical strengthening via ion exchange is commonly used to reinforce ultra-thin glass used for high-tech applications.insulating glass machine,china glass machine,glass washing machine,heated roller press,air float application table,low-e edge deleting machine,manual edge roller press,manual glass corner grinding machine,cnc glass drilling machine,cnc glass corner grinding machine,cnc glass cutting machine,ceramic rollers automatic cleaing robot,pvc window machine,aluminum window machine,glass protective film laminating machine,glass film coating machine,vaccum suckers,glass storage racks,warm edge spacer,warm edge duraseal spacer,wamr edge swiggle spacer,warm edge super spacer,super spacer insulating glass machine,cold roller press machine.
Hardened ultra-thin glass is scratch-resistant and bendable up to a radius of a few millimeters. The properties of ultra-thin glass such as corrosion resistance, transparency, flexibility, excellent gas and water barrier, and high impact resistance make it suitable for various applications such as flat panel displays, automotive glazing, among others.
Consumer electronic goods are being upgraded at a faster rate as the technological landscape is changing rapidly. Panel display components used in flat-panel display and touch-control devices have emerged as the most important downstream application products for ultra-thin glass substrates with the highest market demand.
Industries, such as automotive and consumer electronics, have been negatively impacted by the sudden distortion in operational efficiencies and disruptions in the value chains due to the sudden closure of national and international boundaries.The decline in the growth of the several sectors negatively impacted the demand for ultra-thin glass in the global market.
However, as the economies are planning to revive their operations, the demand for ultra-thin glass is expected to rise globally in the coming years.Due to the pandemic, the adoption of remote work culture and online education is growing.
Therefore, the demand for products such as laptops, smartphones, and other telecommunication devices is growing. The expanding demand for ultra-thin glass in various industries, such as automotive and consumer electronics, along with significant investments by prominent manufacturers is expected to drive the growth of the ultra-thin glass market during the forecast period.
Corning Incorporated; AGC Inc.; Nippon Electric Glass Co., Ltd.; SCHOTT AG; Central Glass Co., Ltd.; CSG Holding Co., Ltd.; Emerge Glass; Nippon Sheet Glass Co., Ltd; Xinyi Glass Holdings Limited; and Luoyang Glass Co., Ltd. are among the major players operating in the global ultra-thin glass market.
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