Navigating the Future: Glass Substrate Market Projections Suggest Growth to US$ 4.2 Billion by 2034
The global glass substrate market size is poised for significant growth, reaching US$ 2.3 billion in 2024. The demand for glass substrate is envisioned to witness a strong CAGR of 5.9% from 2024 to 2034. By 2034, the market revenue for glass substrate is anticipated to attain a valuation of US$ 4.2 billion.
The swift progress in electronic devices and display technologies is the main factor encouraging market expansion of display glass substrates. The glass substrate industry is also governed by demand from several end-use industries, including solar power, automotive applications, medical, aerospace, and defense. Creating environmentally friendly glass substrates through sustainable production techniques has emerged as a significant component, shifting the market landscape as environmental concerns gain traction.
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