The Glass Substrate Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Glass Substrate Market?
The glass substrate market expanded significantly in recent years. The market size was $7.9 billion in 2024 and is projected to increase to $8.43 billion in 2025, with a compound annual growth rate (CAGR) of 6.8%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Glass Substrate Industry?
The glass substrate market is projected to be worth $10.85 billion in 2029, increasing at a compound annual growth rate (CAGR) of 6.5%.
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What are the Key Growth Drivers Fueling the Glass Substrate Market?
The drivers in the glass substrate market are:
• Rising demand for solar power
• Enhanced usage in automotive applications
• Growing demand for energy-efficient glass substrates
• Increase in high-speed data transfer needs and industrial applications use
Global Market Segmentation: Identifying Major Glass Substrate Industry Segments
The glass substrate market covered in this report is segmented –
1) By Type: Borosilicate Based, Fused Silica And Quartz Based, Silicon, Other Types
2) By Wafer Diameter: 300 mm, 200 mm, 150 mm, 125 mm, Above 300 mm, Upto 100 mm
3) By Application: Wafer Packaging, Substrate Carrier, TGV Interposer
4) By End User Industry: Automotive, Aerospace and Defense, Healthcare, Solar Power, Electronics, Other End User Industries
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What are the emerging Trends Shaping the Future of the Glass Substrate Market?
The trends in the glass substrate market are:
• High-quality product demand marks a significant emerging trend in the market.
• There is an increasing trend of LCD adoption in vehicles.
• The rising demand for smart handheld devices is impacting the market trend.
• The demand for semiconductors and high-definition displays is shaping the future glass substrate market.
Who Are the Top Competitors & Leading Players in the Glass Substrate Market?
The major players in the glass substrate market are:
• Asahi Glass Co.
Regional Dominance: Which Area Leads the Global Glass Substrate Market Insights 2025: Size, Share, Trends & Strategic Forecast Market?
North America was the largest region in the glass substrate market in 2023
