LCD Glass Market

By Material;

Soda Lime, Borosilicate and Aluminosilicate

By Application;

LCD TVs, Desktop Monitors, Notebook PCs, Smartphones & Tablets and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn159081980 Published Date: October, 2025 Updated Date: November, 2025

LCD Glass Market Overview

LCD Glass Market (USD Million)

LCD Glass Market was valued at USD 4,871.30 million in the year 2024. The size of this market is expected to increase to USD 6,099.40 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 3.3%.


LCD Glass Market

*Market size in USD million

CAGR 3.3 %


Study Period2025 - 2031
Base Year2024
CAGR (%)3.3 %
Market Size (2024)USD 4,871.30 Million
Market Size (2031)USD 6,099.40 Million
Market ConcentrationHigh
Report Pages391
4,871.30
2024
6,099.40
2031

Major Players

  • Corning Incorporated
  • Asahi Glass Co., Ltd. (AGC)
  • Nippon Electric Glass Co., Ltd. (NEG)
  • LG Display Co., Ltd.
  • Samsung Display Co., Ltd.
  • Sharp Corporation
  • BOE Technology Group Co., Ltd.
  • China National Building Material Group Corporation (CNBM)
  • Schott AG
  • TCL Technology Group Corporation

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

LCD Glass Market

Fragmented - Highly competitive market without dominant players


The LCD Glass Market is expanding rapidly due to increased adoption in display technologies across electronic and industrial devices. With over 72% of displays now using advanced LCD glass, the material’s clarity and durability make it vital. Demand for slimmer, higher-resolution screens continues to accelerate the use of specialized glass substrates.

Technological Advancements Enhancing Performance
Ongoing improvements in glass processing are boosting thermal stability, surface hardness, and light transmission. Around 58% of LCD production lines now integrate chemically strengthened glass. These innovations are enhancing energy efficiency and promoting longer product lifespans.

Integration with Emerging Display Formats
LCD glass is increasingly used in flexible and ultra-thin displays, with nearly 41% of developments focusing on adaptable substrates. This shift positions LCD glass as a key component in evolving visual technologies, especially within premium electronic devices.

Environmental Considerations Driving Material Innovation
Sustainability is shaping the LCD glass landscape, with more than 49% of companies adopting eco-friendly manufacturing. Trends include lead-free formulations, emission reduction, and recyclable designs, supporting greener display solutions.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Material
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. LCD Glass Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Technological Advancements
        2. High Demand for Consumer Electronics
        3. Growing Popularity of Large-Screen Displays
        4. Increased Investment in R&D
      2. Restraints
        1. High Production Costs
        2. Fluctuating Raw Material Prices
        3. Intense Competition
        4. Environmental Regulations
      3. Opportunities
        1. Expansion in Automotive Displays
        2. Innovation in Flexible Displays
        3. Adoption of 8K and Ultra-HD Displays
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. LCD Glass Market, By Material, 2021 - 2031 (USD Million)
      1. Soda Lime
      2. Borosilicate
      3. Aluminosilicate
    2. LCD Glass Market, By Application, 2021 - 2031 (USD Million)
      1. LCD TVs
      2. Desktop Monitors
      3. Notebook PCs
      4. Smartphones & Tablets
      5. Others
    3. LCD Glass Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Corning Incorporated
      2. AGC Inc. (Asahi Glass Co.)
      3. Nippon Electric Glass Co., Ltd. (NEG)
      4. SCHOTT AG
      5. BOE Technology Group Co., Ltd.
      6. LG Display Co., Ltd.
      7. Samsung Display Co., Ltd.
      8. Tunghsu Optoelectronic Technology Co., Ltd.
      9. AvanStrate Inc.
      10. Taiwan Glass Industrial Corporation
      11. IRICO Group Corporation
      12. China Glass Holdings Limited (CGC)
      13. Xinyi Glass Holdings Limited
      14. NSG Group (Nippon Sheet Glass Co., Ltd.)
      15. CNBM (China National Building Material Group)
  7. Analyst Views
  8. Future Outlook of the Market