- The glass substrate market is expanding due to growing demand for high-performance displays in consumer electronics, offering enhanced durability and clarity for devices such as smartphones and televisions
- Manufacturers are focusing on developing thinner and more flexible glass substrates to meet the evolving needs of flexible and foldable display technologies
- North America dominated the glass substrate market with the largest revenue share in 2024, driven by a robust electronics industry, growing demand for advanced display technologies, and the presence of leading semiconductor manufacturers
- The Asia-Pacific region is expected to witness the highest growth rate in the global glass substrate market, driven by rapid industrialization, expanding electronics manufacturing, and increasing demand for semiconductors and display panels in countries such as China, Japan, South Korea, and India
- The borosilicate-based segment dominated the market with the largest market revenue share in 2024, driven by its high thermal and chemical resistance, making it suitable for a variety of microelectronics and photonics applications. The demand for borosilicate substrates is strong in semiconductor packaging due to their dimensional stability and cost-effectiveness
