Glass-reinforced Substrate Market Size to Grow USD 1.60 Billion by 2033 | Report by SNS Insider
Globenewswire·2025-10-24 06:00

Market Overview - The Glass-reinforced Substrate Market was valued at USD 1.18 Billion in 2025E and is projected to reach USD 1.60 Billion by 2033, growing at a CAGR of 3.98% during 2026-2033 [1][7] - The U.S. glass-reinforced substrate market is expected to grow at a CAGR of 4.57% from 2026 to 2033, reaching USD 0.29 Billion [1] Market Drivers - The primary driver for global market growth is the increasing demand for lightweight, strong, and durable materials across various sectors including electronics, automotive, construction, and aerospace [2] - Advanced PCB and semiconductor applications are promoting the adoption of glass-reinforced substrates [2] - The market is also driven by a focus on improving fuel economy and reducing component weight, alongside sustainable initiatives encouraging the use of recyclable materials [2] Key Segmentation By Thickness - The 0.1 mm - 0.5 mm segment led the market with a 45.78% share in 2025E, offering a balance of mechanical strength, electrical insulation, and cost efficiency [8] - The 0.5 mm - 1 mm segment is the fastest growing with a CAGR of 4.56% due to its application in high-performance sectors [8] By Application - Printed Circuit Boards (PCBs) dominated the market with a 46.21% share in 2025E, essential for nearly all electronic devices [9] - IC Packaging Substrates are the fastest growing segment with a CAGR of 4.13%, driven by high-performance computing and semiconductor devices [9] By Type - Glass-Reinforced Epoxy Laminates led the market with a 51.67% share in 2025E, favored for their flexibility and cost-effectiveness [10] - Glass-Reinforced BT (Bismaleimide Triazine) Resin is the fastest growing segment with a CAGR of 4.50%, used in high-performance applications [10] By End-Use Industry - Consumer Electronics held 48.52% of the market in 2025E, relying on glass-reinforced substrates for durability and performance [12] - The automotive sector is the fastest growing segment with a CAGR of 4.61%, driven by increased electronic integration in vehicles [12] Regional Insights - Asia Pacific dominated the market in 2025E with a 41.82% revenue share, supported by strong PCB and semiconductor manufacturing [13] - North America is expected to witness the fastest growth from 2026-2033, with a projected CAGR of 4.70% due to demand from aerospace, defense, and automotive industries [13] Leading Market Players - Key players in the market include AGC Inc., SKC, Corning Incorporated, Samtec, Nippon Electric Glass Co., Ltd., and others [5][11]