Europe Ultra-Thin Glass Market Size and Competitive Analysis by 2028

The ultra-thin glass market in Europe is expected to grow from US$ 779.31 million in 2021 to US$ 1,561.85 million by 2028; it is estimated to grow at a CAGR of 10.4% from 2021 to 2028.

The US, Canada, and Mexico are major economies in Europe. Automotive industry is raising the demand and this is the major factor driving the growth of the Europe ultra-thin glass market. In the automotive industry, ultra-thin glass is widely used in car interiors, sensors, and touch screen panels, etc. Increasing consumer requirements for attractive car interiors with touch screens and digital instruments are creating demand for ultra-thin glasses. The reduction in the weight of a car results in achieving better fuel efficiency and also reduces carbon footprints. Thus, there is a rising demand for lightweight cars. Ultra-thin glass is widely used for automotive glazing, which results in the overall weight reduction of a car. Thus, the rapidly developing automotive industry coupled with the growing demand for ultra-thin glass from the industry would create lucrative opportunities for the ultra-thin glass market growth.

In Europe, currently France, the UK, and Russia are the worst-affected countries by the COVID-19 pandemic. The region is suffering an economic hit due to the lack of revenue from various industries due to the disruption in supply chain. The pandemic has created temporary distortion in operation efficiencies of industrial bases in the European market. The ultra-thin glass market in Europe has been negatively impacted due to limited operational capabilities because of COVID-19 restrictions. However, rising demand for ultra-thin glasses across diverse industrial applications is expected to substantially promote the growth of the ultra-thin glass market in Europe in the coming years.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Europe ultra-thin glass market. The Europe ultra-thin glass market is expected to grow at a good CAGR during the forecast period.

Europe Ultra-Thin Glass Market Segmentation

Europe Ultra-Thin Glass Market – By Manufacturing Process

• Float
• Fusion

Europe Ultra-Thin Glass Market – By Application

• Semiconductor Substrate
• Flat Panel Displays and Touch Control Devices
• Automotive Glazing
• Others

Europe Ultra-Thin Glass Market – By End-Use Industry

• Consumer Electronics
• Automotive
• Medical and Healthcare
• Others

Europe Ultra-Thin Glass Market, by Country

• France
• Germany
• Italy
• UK
• Russia
• Rest of Europe

Europe Ultra-Thin Glass Market - Companies Mentioned

• AGC Inc.
• Central Glass Co., Ltd.
• Corning Incorporated
• CSG Holding Co., Ltd.
• Emerge Glass
• Nippon Electric Glass Co., Ltd.
• Nippon Sheet Glass Co., Ltd
• SCHOTT AG
• Xinyi Glass Holdings Limited

Europe Ultra-Thin Glass Report Scope