Market Forecast by Countries (Brazil, Mexico, Argentina, Rest of Latin America), By Manufacturing Process (Float, Fusion, Down-Draw), By Application (Semiconductor Substrate, Touch Panel Display, Fingerprint Sensor) And Competitive Landscape
Product Code: ETC4615059 | Publication Date: Jul 2023 | Updated Date: Dec 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 | |
Report Name | Latin America Ultra-thin Glass Market |
Forecast period | 2025-2031 |
CAGR | 12.6% |
Market Size | USD 1.9 billion |
The Latin America Ultra-thin Glass Market report thoroughly covers the market by countries, manufacturing process and applications. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Latin America ultra-thin glass market is projected to reach USD 1.9 billion by 2031, growing at a CAGR of 12.6% during the forecast period (2025-2031). The increasing demand for lightweight and durable materials in various industries such as electronics, automotive, and construction is driving the growth of this market.
The Latin America Ultra-thin Glass Market is expected to experience steady growth during the forecast period. This growth can be attributed to the increasing demand for lightweight and durable materials in various industries, as well as the growing focus on sustainable manufacturing processes.
According to 6Wresearch, Latin America Ultra-thin Glass Market size is expected to grow at a CAGR 12.6% during 2025-2031. One of the major drivers for the Latin America ultra-thin glass market is the growing demand for advanced technology products. With the rise in disposable income and technological advancements, there has been an increase in the adoption of smart devices and gadgets, leading to a surge in demand for ultra-thin glass. Additionally, the emergence of new applications such as foldable phones and curved displays is expected to further drive the market growth, further stimulating Latin America Ultra-thin Glass Market growth.
However, there are certain challenges that may hinder the growth of the Latin America ultra-thin glass market. The high production costs associated with ultra-thin glass due to its complex manufacturing process can be a major restraint for small players in the market. Moreover, fluctuating raw material prices and lack of skilled labor can also pose obstacles for market growth.
Some of the key players operating in the Latin America ultra-thin glass market include Asahi Glass Co., Ltd., Corning Inc., Nippon Electric Glass Co. Ltd, Schott AG, and Central Glass Co., Ltd among others. These players are continuously investing in research and development activities to enhance the properties of ultra-thin glass and expand their product offerings.
The governments in various Latin American countries have also taken initiatives to promote the growth of the ultra-thin glass market. For instance, in Brazil, the government has implemented policies to encourage foreign investments in the electronics industry which is expected to fuel the demand for ultra-thin glass in the region.
With the increasing focus on sustainability and eco-friendly materials, there is a growing trend towards the use of ultra-thin glass in green buildings and energy-efficient construction projects. This is expected to open new opportunities for market growth in the construction sector.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
According to Ravi Bhandari, Research Head, 6wresearch, Brazil is the leading country in the Latin America ultra-thin glass market. It is estimated to hold a significant share of over 30% in the overall market by 2031. This can be attributed to the growing demand for advanced technology products and government initiatives promoting foreign investments in the electronics industry. Additionally, increasing use of ultra-thin glass in green buildings and construction projects is also contributing to its high demand in Brazil.
The float manufacturing process is expected to dominate the market in terms of demand, with a projected share of over 50% by 2031. This can be attributed to its widespread use in various industries such as electronics, automotive, and construction due to its high-quality and cost-effective production. Additionally, continuous technological advancements in this process are further driving its demand in the Latin America region.
The touch panel display segment is expected to be the leading category in terms of demand, with a projected share of over 40% by 2031. This can be attributed to the increasing demand for touch-enabled devices such as smartphones, tablets, and laptops in the region. The growing trend towards curved and foldable displays is also contributing to the high demand for ultra-thin glass in this application.
The Latin America Ultra-thin Glass Market report provides a detailed analysis of the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Latin America Ultra-thin Glass Market Overview |
3.1 Latin America Regional Macro Economic Indicators |
3.2 Latin America Ultra-thin Glass Market Revenues & Volume, 2021 & 2031F |
3.3 Latin America Ultra-thin Glass Market - Industry Life Cycle |
3.4 Latin America Ultra-thin Glass Market - Porter's Five Forces |
3.5 Latin America Ultra-thin Glass Market Revenues & Volume Share, By Countries, 2021 & 2031F |
3.6 Latin America Ultra-thin Glass Market Revenues & Volume Share, By Manufacturing Process, 2021 & 2031F |
3.7 Latin America Ultra-thin Glass Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latin America Ultra-thin Glass Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latin America Ultra-thin Glass Market Trends |
6 Latin America Ultra-thin Glass Market, 2021-2031 |
6.1 Latin America Ultra-thin Glass Market, Revenues & Volume, By Manufacturing Process, 2021-2031 |
6.2 Latin America Ultra-thin Glass Market, Revenues & Volume, By Application, 2021-2031 |
7 Brazil Ultra-thin Glass Market, 2021-2031 |
7.1 Brazil Ultra-thin Glass Market, Revenues & Volume, By Manufacturing Process, 2021-2031 |
7.2 Brazil Ultra-thin Glass Market, Revenues & Volume, By Application, 2021-2031 |
8 Mexico Ultra-thin Glass Market, 2021-2031 |
8.1 Mexico Ultra-thin Glass Market, Revenues & Volume, By Manufacturing Process, 2021-2031 |
8.2 Mexico Ultra-thin Glass Market, Revenues & Volume, By Application, 2021-2031 |
9 Argentina Ultra-thin Glass Market, 2021-2031 |
9.1 Argentina Ultra-thin Glass Market, Revenues & Volume, By Manufacturing Process, 2021-2031 |
9.2 Argentina Ultra-thin Glass Market, Revenues & Volume, By Application, 2021-2031 |
10 Rest of Latin America Ultra-thin Glass Market, 2021-2031 |
10.1 Rest of Latin America Ultra-thin Glass Market, Revenues & Volume, By Manufacturing Process, 2021-2031 |
10.2 Rest of Latin America Ultra-thin Glass Market, Revenues & Volume, By Application, 2021-2031 |
11 Latin America Ultra-thin Glass Market Key Performance Indicators |
12 Latin America Ultra-thin Glass Market - Opportunity Assessment |
12.1 Latin America Ultra-thin Glass Market Opportunity Assessment, By Countries, 2021 & 2031F |
12.2 Latin America Ultra-thin Glass Market Opportunity Assessment, By Manufacturing Process, 2021 & 2031F |
12.3 Latin America Ultra-thin Glass Market Opportunity Assessment, By Application, 2021 & 2031F |
13 Latin America Ultra-thin Glass Market - Competitive Landscape |
13.1 Latin America Ultra-thin Glass Market Revenue Share, By Companies, 2024 |
13.2 Latin America Ultra-thin Glass Market Competitive Benchmarking, By Operating and Technical Parameters |
14 Company Profiles |
15 Recommendations |
16 Disclaimer |