Axiom MRC has updated all it's market research reports with the Economic Impact Analysis of COVID19 Pandemic on the market. Our team of analyst are following Comprehensive Three Dimensional (3D) Research Methodology along with large number primary interviews with key industry participants to bring insightful market reports to meet the current market requirements.
Glass substrate is blanket coated thin layer of sputtered indium tin oxide to serve as gate and aluminum titanium oxide deposited by atomic layer deposition to serve as the gate insulator with precision. The growing demand for glass substrate is due to unique wafers processing functionalities as well as platforms supporting a wide range of end-applications and cost-efficient solution. The glass substrate increasing demand is due to research towards materials with improved properties compared to conventional organic laminates. Also, excellent chemical, electrical, mechanical and optical properties, glass substrate based applications are constantly expanding. Most of the major players have developing glass substrates precisely designed for various end use industry applications thereby driving the growth of market.
The key factor driving the growth of glass substrate market is growing need of larger-generation glass from the electronics industry. Besides growing use of glass substrates in the automotive industry with a range of features provided like ultra-violet light reflective glass; infrared radiation reflective glass; noise-reducing glass; glass equipped with sensors to detect rainfall and finished with water-repellant coatings thereby fueling the growth of market.
The exclusive COVID 19 impact analysis report by Axiom MRC provides a 3600 analysis of micro and macro-economic factors on the glass substrate market. In addition, complete analysis of changes on the glass substrate market expenditure, economic and international policies on supply and demand side. The report also studies the impact of pandemic on global economies, international trade, business investments, GDP and marketing strategies of key players present in the market. COVID-19 impact on the glass substrate market was moderate as the pandemic had led to stop the major production and supply of glass substrate for few months. However, post COVID-19 market is expected to witness significant growth.
The glass substrate market is segmented based on by type, end- use industry and geography
The glass substrate included in market are according to different type including borosilicate-based glass substrates, ceramic-based glass substrates, fused silica/quartz-based glass substrates, silicon-based glass substrates. Borosilicate-based glass substrates is expected to lead in glass substrate market attributing to glass with silica and boron trioxide as the main glass forming constituents. Besides high chemical resistance and low thermal expansion makes an advantages for use in various end use industry thereby fueling the growth of glass substrate market.
The glass substrate has its major end use in aerospace & defense, automotive, electronics, medical, solar. The electronics end use industry is anticipated to lead in the glass substrate market. The growth is attributed to increasing urbanization and demand for manufacturing of display devices, electronic components, computing & telecommunication devices, semiconductors is driving the growth of the glass substrate market
Geographically the global glass substrate market is studied for the following region North America, Europe, Asia-Pacific and Rest of the world (RoW). Asia Pacific is anticipated to gain the major market for glass substrates. The region’s growth is due to increasing usage of glass substrates in different application further driving the growth of market. In addition, China accounts largest share of market owing to presence of key players to innovate new products for different applications. These factors are driving the growth of glass substrate market.
The key players in glass substrate market are Asahi Glass Co., Ltd. (AGC), Corning Inc., Dongxu Group Co., Guardian Glass, Hoya Corporation, IRICO Group New Energy Company Limited, LG Chem, Ltd., Nippon Sheet Glass Co, Ltd., Ohara Inc., Plan Optik AG, Schott AG, The Tunghsu Group and Viracon among others.
May 2018: Corning Incorporated had launched its new Gen 10.5 liquid crystal display (LCD) glass substrate manufacturing facility co-located with the BOE Technology Group Co. Ltd. (BOE) plant in the Hefei Xinzhan Hi-Tech Industrial Development Zone in the Anhui Province, China. This new facility will enable the company to become the first manufacturer of TFT- grade Gen 10.5 substrates in the world. The largest LCD commercially available glass substrates are 2,940 mm by 3,370 mm, providing the most economical cuts for 65-in and 75-in TVs. The Gen 10.5 substrates manufactured at the Hefei facility use Corning EAGLE XG Slim glass.
The report analyses the glass substrate market based on by type, end- use industry and geography. The glass substrate included in market are according to different type including borosilicate-based glass substrates, ceramic-based glass substrates, fused silica/quartz-based glass substrates, silicon-based glass substrates. The glass substrate has its major end use in aerospace & defense, automotive, electronics, medical, solar. Geographically the global glass substrate market is studied for the following region North America, Europe, Asia-Pacific and Rest of the world (RoW)
The key players in glass substrate market are Asahi Glass Co., Ltd. (AGC), Corning Inc., Dongxu Group Co., Guardian Glass, Hoya Corporation, IRICO Group New Energy Company Limited, LG Chem, Ltd., Nippon Sheet Glass Co, Ltd., Ohara Inc., Plan Optik AG, Schott AG, The Tunghsu Group and Viracon among others.
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