Flexible Glass Market Size, Demand, Industry Trends, Top Companies and Forecast 2021-26

According to IMARC Group’s latest report, titled “Flexible Glass Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global flexible glass market reached a value of US$ 1.35 Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 6.7% during 2021-2026.

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviors of the consumers globally–our estimates about the latest market trends and forecast values after considering the impact of this pandemic. These observations will be integrated into the report.

Flexible glass is an ultra-thin glass substrate that can bend multiple times without breaking. It shows similar properties as a 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, lightings, 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.

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 2021-2026 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

Kent Displays Inc.

AGC Inc.

Schott AG (Carl-Zeiss-Stiftung)

Nippon Electric Glass Co. Ltd.

Universal Display Corporation

Materion Corporation

Corning Incorporated

LISEC Holding GmbH

LG Display Co. Ltd. (LG Corporation)

Dupont Displays Inc.

Key Market Segmentation:

The report has segmented the global flexible glass market on the basis of application, end use industry and region.

Breakup by Application:

Displays

Sensors

Photovoltaic Cell

Others

Breakup by End Use Industry:

Electronics

Automotive

Energy

Others

Breakup by Region:

North America

Asia Pacific

Europe

Latin America

Middle East and Africa