Omdia Predicts Display Glass Supply to Be Constrained in 2025
TechTarget, Inc. (TTGT)
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Source: Business Wire
LONDON--(BUSINESS WIRE)--The market for flat panel display (FPD) glass is expected to face significant supply constraints during 2025 according to the latest analysis from Omdia. Leading glass makers including Corning, AGC, and NEG have historically engaged in intense price competition, prioritizing market share expansion. However, over the past several years, the combination of rising energy costs and sustained price declines has caused them to shift their focus toward improving profitability, leading to strategic production adjustments.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250313476488/en/Glass supply substrate supply demand modelGlass production is an energy-intensive process requiring temperatures exceeding 1000 degrees Celsius to melt glass materials. Energy expenses account for more than 50% of the total production costs, and the combination of increasing costs and declining glass prices has severely impa
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