Borosilicate Glass Substrates to Dominate 2031 Market Share due to Superior Thermal Properties
Dublin, June 25, 2026 (GLOBE NEWSWIRE) -- The "Glass Substrate Market by Type, End-use Industry, and Region - Global Forecast to 2031" has been added to ResearchAndMarkets.com's offering.
The glass substrate market is anticipated to expand from USD 7.90 billion in 2026 to USD 9.42 billion in 2031, reflecting a CAGR of 3.6% during this period. This growth trajectory is fueled by increasing demand across the semiconductor and electronics sectors, especially with the rise in high-performance computing and advanced packaging applications. The proliferation of OLED displays, AI, and 5G technologies further propels this demand.
The Borosilicate-Based Glass Substrate Segment
This segment is projected to capture the largest market share by 2031. Borosilicate glass substrates are preferred for their outstanding thermal resistance and low thermal expansion, ideal for semiconductor and display applications. They offer high chemical durability and dimensional stability, ensuring reliability in temperature-intensive and precise manufacturing processes. Their suitability extends to high-level packaging, OLED displays, and photovoltaic modules.
The Electronics Segment
The electronics sector is expected to dominate the market share in 2031 due to extensive use of glass substrates in displays, semiconductors, and circuit components. The burgeoning growth of consumer electronics, such as smartphones, laptops, and TVs, significantly drives demand, bolstered by innovations in AI, 5G, and high-performance computing, necessitating advanced substrates.
Asia Pacific's High Growth Rate
The Asia Pacific market is forecasted to grow at the highest CAGR during the forecast period, attributed to its prominence in the semiconductor and electronics manufacturing industries. This region benefits from substantial investments, governmental support, and increasing manufacturing facilities, with rising demand for consumer electronics, renewable energy, and automotive electronics enhancing growth.
Notes: Other designations include sales, marketing, and product managers. Tier 1 refers to companies with over USD 500 Million annual revenue, Tier 2 is USD 100 million-500 Million, and Tier 3 is less than USD 100 million.
Prominent companies such as AGC Inc. (Japan), Schott AG (Germany), Corning Incorporated (US), Nippon Sheet Glass Co., Ltd. (Japan), and HOYA Corporation (Japan) are key players analyzed in the report. Insights into company profiles, recent developments, and core market strategies are offered.
Research Coverage
The research categorizes the glass substrate market by type, end-use industry, and region. Insightful analysis has been conducted on key drivers, such as expansive growth in the semiconductor industry, and restraints, including high development costs. Opportunities lie in the rapid expansion of solar installations, while challenges remain in meeting stringent LCD quality requirements.
Reasons to Purchase the Report
Stakeholders, including market leaders and new entrants, will gain access to revenue approximations for the overall glass substrate market and its subsegments. The report aids in understanding the competitive landscape, providing data to help position businesses effectively and devise suitable market strategies. Detailed insights on market dynamics-key drivers, challenges, and opportunities-are included.
The Report Provides Insights Into the Following:
Key Attributes:
Key Topics Covered:
4 Market Dynamics
13 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/r/vuxnhl
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