Press release
United States Glass Substrate Market Competitive Analysis 2025: Leading Companies - Nippon Sheet Glass, OHARA Inc, IRICO Group New Energy Company Limited, The Tunghsu Group
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Latest M & A
• Madhvani Group completes acquisition of Hindusthan National Glass & Industries, expanding presence in the wider glass manufacturing sector - a strategic consolidation in glass materials supply.
• Vedanta Ltd.'s acquisition of AvanStrate Inc. (Japan‐based TFT LCD glass substrate maker) in May 2024
Key Players:
AGC, SCHOTT, Plan Optik, HOYA Corporation, LG Chem, Corning Inc., Nippon Sheet Glass, OHARA Inc, IRICO Group New Energy Company Limited, The Tunghsu Group
Key Development:
January 2026
• Leading manufacturers announced new ultra-thin glass substrates optimized for flexible display technologies.
• Strategic partnerships formed to enhance glass substrate recycling capabilities in Asia-Pacific.
• R&D investment surged focusing on scratch-resistant coatings for glass substrates in electronics.
December 2025
• Market demand grew significantly for glass substrates used in advanced solar panels.
• Major players expanded production capacity in response to rising demand from the automotive sector.
• Innovative low-thermal-expansion glass substrates introduced for semiconductor applications.
November 2025
• Breakthrough in glass substrate manufacturing reduced production costs by 12%.
• Launch of next-gen glass substrates compatible with micro-LED displays.
• Industry conferences highlighted sustainability initiatives in glass substrate production.
Growth Forecast Projected:
The Global Glass Substrate Market is anticipated to rise at a considerable rate during the forecast period, between 2025 and 2032. In 2024, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
Research Process:
Both primary and secondary data sources have been used in the global Glass Substrate Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Key Segments:
By Type: Borosilicate, Ceramic, Silicon, Quartz/Fused Silica, Others
By End-User: Electronics, Automotive, Aerospace and Defense, Healthcare, Solar Power, Others
Regional Analysis for Market:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
Chapter 1: Lays the foundation by defining the scope of the report, highlighting core market segments across regions, product types, and applications. It delivers a clear snapshot of current market size, growth potential, and how the industry is expected to evolve in both the near and long term.
Chapter 2: Spotlights the most impactful market insights, unveiling the transformative trends and forces shaping the future of the industry.
Chapter 3: Provides a deep dive into the competitive landscape of , covering revenue shares, strategic initiatives, and notable mergers & acquisitions that are reshaping the market.
Chapter 4: Presents detailed company profiles of leading players featuring financial performance, product portfolios, profit margins, and key milestones that set them apart in the industry.
Chapters 5 & 6: Break down revenue analysis at both regional and country levels, offering precise data on market size, growth drivers, and expansion opportunities across global markets.
Chapter 7: Analyzes the market by product type, spotlighting segment-specific opportunities and helping stakeholders identify untapped, high-growth areas.
Chapter 8 :Explores the market through application-based segmentation, assessing demand across industries and pinpointing downstream sectors with the strongest potential for growth.
Chapter 9: Maps the industry's supply chain in detail, tracing upstream and downstream activities to provide clarity on value creation across the ecosystem.
Chapter 10: Wraps up with a concise summary of the report's key insights distilling the most critical findings and strategic takeaways for decision-makers and stakeholders.
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FAQ
Q: How rapidly will the Market expand?
A: The Glass Substrate market is projected to grow at a CAGR of 5.7% between 2024 and 2031.
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DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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