Market Size of Glass Substrate Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | > 4.00 % |
Fastest Growing Market | Asia Pacific |
Largest Market | Asia Pacific |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Glass Substrates Market Analysis
The global market for glass substrate is expected to grow at a CAGR of over 4% during the forecast period. The major factor driving the market studied is the increasing usage of LCDs in consumer electronics. On the flip side, unfavorable conditions arising due to the COVID-19 outbreak and high manufacturing costs are hindering the growth of the market.
The electronics industry is expected to dominate the global glass substrate market over the forecast period.
Asia-Pacific region is expected to account for the largest share and is also forecasted to be the fastest-growing market over the forecast period.