North America Ultra-Thin Glass Market Key Companies and SWOT Analysis by 2028

The ultra-thin glass market in North America is expected to grow from US$ 1,576.16 million in 2021 to US$ 3,217.54 million by 2028; it is estimated to grow at a CAGR of 10.7% from 2021 to 2028.

The US, Canada, and Mexico are major economies in North America. Consumer electronics industry is expanding and this is the major factor driving the growth of the North America ultra-thin glass market. The consumer electronics industry is booming due to the increasing usage of electronic appliances, such as smartphones, laptops, televisions, and other electronics products. Consumer electronic goods have become a necessity in the technological world. People from all generations are somehow dependent on their smartphones, smartwatches, and laptops. With the growing consumer electronics industry, manufacturers are continuously focusing on providing advanced and high-quality products. The ultra-thin glass plays an important role in the consumer electronics industry. It is used in touch and display panels, sensors, and camera systems. Various properties of ultra-thin glass such as corrosion resistance, transparency, flexibility, and gas barrier capability make it suitable for numerous applications in the consumer electronics industry. The panel display components included in the flat-panel display devices and touch-control devices have become the most important downstream application products for the ultra-thin glass substrate with the largest market demands. There is a growing demand for flat panel displays from the US, due to the rising consumption of electronic products, such as laptops, TVs, computers, smartphones, LCDs, LEDs, and OLEDs. Additionally, the demand for fingerprint sensors is rising steadily. These fingerprint sensors are becoming increasingly important to secure the identification of smartphone users. Growing demand for smartphones and smartwatches further boosts the demand for ultra-thin glasses. Thus, the rapidly growing consumer electronic industry propels the demand for ultra-thin glasses.

North America is one of the worst affected economies due to the COVID-19 pandemic. The US recorded the highest number of COVID-19 confirmed cases, compared to Canada and Mexico. The unprecedented rise in the number of COVID-19 cases across the US and Canada and the subsequent lockdown of numerous manufacturing facilities in the countries have negatively influenced the growth of the various markets. The significant disruption in manufacturing, along with raw material sourcing, has had a negative impact on the demand for ultra-thin glasses in the region. The ultra-thin glass market has been impacted in the region due to distortion in the supply of raw materials with limited operational efficiencies. However, the market is reviving due to various major government actions such as vaccination drives. With the state of economic recovery, several industrial sectors are strategically investing in advanced products to maximize revenue. The online sales of consumer electronics products is growing, which is expected to provide impetus for the market growth in the future. 

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 North America ultra-thin glass market. The North America ultra-thin glass market is expected to grow at a good CAGR during the forecast period.

North America Ultra-Thin Glass Market Segmentation

North America Ultra-Thin Glass Market – By Manufacturing Process

• Float
• Fusion

North America Ultra-Thin Glass Market – By Application

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

North America Ultra-Thin Glass Market – By End-Use Industry

• Consumer Electronics
• Automotive
• Medical and Healthcare
• Others

North America Ultra-Thin Glass Market, by Country

• US
• Canada
• Mexico

North America 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

North America Ultra-Thin Glass Report Scope