According to IMARC Group’s latest report, titled “Flexible Glass Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global flexible glass market reached a value of US$ 1.49 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 2.18 Billion by 2027, exhibiting a CAGR of 6.5% during 2022-2027. Flexible glass is an ultra-thin glass substrate that can bend multiple times without breaking. It shows similar properties to rigid glass, such as temperature stability, high strength, durability, rigidity, and scratch resistance. The most commonly used flexible glass is rolled glass, which is widely utilized in manufacturing consumer electronics, such as digital displays, smartphones, laptops, tablets, lighting, etc. They are also used for producing automobile windowpanes, solar panels, portable electronics, and construction interiors to reduce their weight, increase the aesthetic appeal, provide scratch resistance, and enhance overall durability.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Market Trends and Drivers:
The expanding consumer electronics industry is one of the primary factors propelling the flexible glass market growth. The shifting consumer preference towards wearable and portable devices in gaming, entertainment, sports, and health and fitness applications augments the product demand. Additionally, product innovations including the development of lightweight and roll-on glasses and the production of cost-effective, flexible glass using novel plastic and metal substrates further impel the market growth. Moreover, increasing emphasis on glass material recycling and extensive research and development (R&D) activities are also projected to drive the market for flexible glass in the coming years.
Flexible Glass Market 2022-2027 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the global flexible glass market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Abrisa Technologies
- AGC Inc.
- Corning Incorporated
- Dupont Displays Inc.
- Kent Displays Inc.
- LG Display Co. Ltd. (LG Corporation)
- LISEC Holding GmbH
- Materion Corporation
- Nippon Electric Glass Co. Ltd.
- Schott AG (Carl-Zeiss-Stiftung)
- Universal Display Corporation
Key Market Segmentation:
The report has segmented the flexible glass market on the basis of application, end-use industry, and region.
Breakup by Application:
- Photovoltaic Cell
Breakup by End-Use Industry:
Breakup by Region:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
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Key Highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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