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Global Ultra-Thin Glass Market Information

Post Time:May 23,2018Classify:Industry NewsView:1362

The ultra-thin glass is a thin sheet of glass ranging from the thickness of less than 0.5 mm to 1.6mm, which makes it suitable to bend like plastic. It possesses a number of superior properties such as thermal stability, electrical insulation, lightweight, chemical compatibility, weather resistance, and flexibility. Ultra-thin glass finds application in semiconductors, touch panel display, fingerprint display, automotive glazing, solar mirror, and medical devices.

The demand for ultra-thin glass is increasing from the electronic industry owing to high dielectric and scratch resistance properties. Growing electrical and electronic device industry along with rising need for smart built up systems in personal devices such as television and smartphones are propelling the market growth. Initiatives taken by the government such as internet of things (IoT), automation and robotics are likely to fuel the demand for ultra-thin glass across the regions. Furthermore, expanding automotive industry in the developing economies such as India, China, and Thailand is propelling the market growth. Increasing penetration of hybrid and electric vehicles due to rising environmental concerns is another factor driving the growth of the global ultra-thin glass market. Growing investment in the solar and wind power projects to promote renewable energy usage in place of conventional energy sources to reduce the extent of carbon emissions is uplifting the market growth globally.

In 2017, Tesa SE, German-based adhesives manufacturer, planned to develop a new bolding technology for KONFEKT project to develop next-generation organic light-emitting diode. KONFEKT project is supported by the German Federal Ministry of Education and Research with USD 6.8 million investment.

In 2018, Asahi Glass developed an ultra-thin glass of 0.07 thickness for foldable devices such as laptops and smartphones. Increasing demand from the Android phone makers to introduce inventive products, such as foldable smartphones, is majorly influencing the growth of the global ultra-thin glass market.  

Source: marketresearchfuture.comAuthor: Shangyi

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