PUNE, India, November 22, 2017 /PRNewswire/ --
The report "Glass Substrate Market by Type (Borosilicate, Silicon, Ceramic, and Fused Silica/Quartz-Based Glass Substrates), End-Use Industry (Electronics, Automotive, Medical, Aerospace & Defense, Solar), and Region - Global Forecast to 2022" published by MarketsandMarkets™, the market is estimated to be USD 1.49 Billion in 2017 and is projected to reach USD 1.97 Billion by 2022, at a CAGR of 5.7% between 2017 and 2022. The growth of the glass substrate market is primarily driven by the rising demand for glass substrates from industries, such as electronics, automotive, medical, aerospace & defense, and solar, for the manufacture of end-products that include semiconductors, LCDs, sensors, and solar panels.
Browse 74 Market Data Tables and 50 Figures spread through 133 Pages and in-depth TOC on "Glass Substrate Market"
Early buyers will receive 10% customization on reports.
Borosilicate-based glass substrates estimated to be the largest type segment of the glass substrate market
The borosilicate-based glass substrates segment is the largest type segment of the glass substrate market. The growth of the borosilicate-based glass substrates segment can be attributed to the unique properties of these substrates that include low coefficient of thermal expansion, high chemical resistivity, and high surface strength.
Get PDF Brochure @ http://www.marketsandmarkets.com/pdfdownload.asp?id=21345916
The electronics industry is the fastest-growing end-use industry segment of the glass substrate market
The glass substrate market in the electronics industry is projected to register the highest growth during the forecast period. Glass substrates are used to manufacture display devices, electronic components, semiconductors, MEMS devices, and information, computing & telecommunication devices. Thus, the high consumption of glass substrates in the electronics industry is contributing to the growth of the glass substrate market.
Asia Pacific is estimated to be the largest market for glass substrates. In the Asia Pacific region, China is estimated to be the key consumer of glass substrates. Japan, South Korea, and Taiwan are other major countries contributing to the growth of the glass substrate market in this region. The increasing demand for glass substrates from various end-use industries, such as electronics, automotive, and medical, is expected to drive the growth of the glass substrate market in the Asia Pacific region.
Key companies profiled in the glass substrate market research report are AGC (Japan), SCHOTT (Germany), Corning Inc. (US), Nippon Sheet Glass (Japan), Plan Optik (Germany), HOYA Corporation (Japan), LG Chem (South Korea), OHARA Inc. (Japan), IRICO Group New Energy Company Limited (China), and The Tunghsu Group (China).
Inquiry before Buying @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=21345916
Browse Related Reports
Flat Glass Market by Technology (Float, Rolled, Sheet), Product Type (Simple Float Glass, Toughened , Coated, Laminated, Extra Clear),End-Use Industry (Construction & Infrastructure, Automotive & Transportation, Solar Energy) and Region - Global Forecast to 2022
Smart Glass Market by Technology (Suspended Particle Display, Electrochromic, Liquid Crystal, Photochromic, Thermochromic), Application (Architecture, Transportation, Consumer Electronics), and Geography - Global Forecast to 2023
Know More About our Knowledge Store @ http://www.marketsandmarkets.com/Knowledgestore.asp
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
630 Dundee Road
Northbrook, IL 60062
Visit Our Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets