South America Ultra-Thin Glass Market Trends and Analysis by 2028

The ultra-thin glass market in SAM is expected to grow from US$ 516.95 million in 2021 to US$ 937.37 million by 2028; it is estimated to grow at a CAGR of 8.9% from 2021 to 2028.

Brazil and Argentina are major economies in SAM. Consumer electronics sector expanding in SAM region is the major factor driving the growth of the SAM 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. Additionally, the demand for fingerprint sensors is rising steadily. These fingerprint sensors are becoming increasingly important to secure the identification of smartphone users. Thus, the rapidly growing consumer electronic industry propels the demand for ultra-thin glasses.

Brazil is ranked as the third-most affected economy due to COVID-19 pandemic across the world. In SAM, Brazil recorded the highest number of COVID-19 confirmed cases, followed by Argentina, Colombia, Peru, and Chile. The governments in SAM have taken an array of actions to protect their citizens and combat the spread of the novel coronavirus through lockdowns, trade bans, and travel restrictions. This may have an impact on the growth of the ultra-thin glass market. In some areas of Brazil, the levels of vehicle production are almost back to the levels of prior years. However, the shortages of critical vehicle components are posing problems for automotive manufacturers.  Also, with the introduction of vaccination, there is ease in the restrictions in the region which positively impacts the growth of ultra-thin glass market.

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

SAM Ultra-Thin Glass Market Segmentation

SAM Ultra-Thin Glass Market – By Manufacturing Process

• Float
• Fusion

SAM Ultra-Thin Glass Market – By Application

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

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

• Consumer Electronics
• Automotive
• Medical and Healthcare
• Others

SAM Ultra-Thin Glass Market, by Country

• Brazil
• Argentina
• Rest of SAM

SAM Ultra-Thin Glass Market - Companies Mentioned

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

South America Ultra-Thin Glass Report Scope