The global flexible glass market is expected to grow at a CAGR of 6.00% in the forecast period of 2025-2034.
Increasing Demand from Electrical and Electronics Sector to Bolster the Growth of the Flexible Glass Industry
The electrical and electronics industry accounts for a major share in the global market for flexible glass. The rapid urbanisation and increasing demand for consumer electronics, particularly in developing economies is aiding the growth of the industry.
The flexible glass industry is driven by the increasing demand for consumer electronics and the rapid advancements in display technology. The market is being supported by the rising demand for wearables and portable devices like smart watch, and others. This is creating increased demand for light weight material with high durability and aesthetic appeal, thus, boosting the demand for flexible glass. Further, it is being increasingly preferred to produce automobile and solar panel components due to its high strength and temperature stability.
Owing to technological advancements and growing investments in product innovation, such as the development of roll-on glasses, the market is expected to witness a further growth over the forecast period.
Increasing Demand from Electrical and Electronics Sector to Bolster the Growth of the Flexible Glass Industry
The electrical and electronics industry accounts for a major share in the global market for flexible glass. The rapid urbanisation and increasing demand for consumer electronics, particularly in developing economies is aiding the growth of the industry.
The Asia-Pacific to Provide Significant Growth Opportunities to the Flexible Glass Industry
The Asia-Pacific is expected to witness the highest growth rate in the forecast period owing to the rising disposable incomes and the surge in demand for consumer electronics across the region. The increasing sales of smartphones and tablets in emerging nations like India and China are significantly contributing to the growth of the industry. Meanwhile, the increasing government investments in renewable energy projects and the growing adoption of renewable energy sources are expected to significantly drive the demand for solar panels and photovoltaic cells across the region, which, in turn, is expected to create enhanced growth opportunities for the market expansion over the forecast period.Flexible Glass: Market Segmentation
Flexible glass is an ultra-thin glass substrate, which has the properties of a rigid glass but can bend multiple times without breaking. It is commonly used in the manufacturing of consumer electronics, automobile windowpanes, and solar panels, among others owing to its high strength, temperature stability, and scratch resistance property. The use of flexible glass allows manufacturers to minimize product weight and enhance its aesthetic appeal.Breakup by Application
- Solar Panel
- Photovoltaic Cell
- Display
- Others
Breakup by End User
- Automotive
- Energy
- Electrical and Electronics
- Consumer Goods
- Others
Breakup by Region
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
The flexible glass industry is driven by the increasing demand for consumer electronics and the rapid advancements in display technology. The market is being supported by the rising demand for wearables and portable devices like smart watch, and others. This is creating increased demand for light weight material with high durability and aesthetic appeal, thus, boosting the demand for flexible glass. Further, it is being increasingly preferred to produce automobile and solar panel components due to its high strength and temperature stability.
Owing to technological advancements and growing investments in product innovation, such as the development of roll-on glasses, the market is expected to witness a further growth over the forecast period.
Key Industry Players in the Global Flexible Glass Market
The report gives a detailed analysis of the following key players in the global flexible glass market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:- AGC Inc.
- Schott AG
- Corning Incorporated
- LG Display Co. Ltd
- Nippon Electric Glass Co. Ltd
- Others
Table of Contents
1 Executive Summary
2 Market Overview and Stakeholder Insights
3 Economic Summary
4 Country Risk Profiles
5 Global Flexible Glass Market Analysis
6 Regional Analysis
7 Market Dynamics
9 Price Analysis
10 Competitive Landscape
Companies Mentioned
The key companies featured in this Flexible Glass market report include:- AGC Inc.
- Schott AG
- Corning Incorporated
- LG Display Co. Ltd
- Nippon Electric Glass Co. Ltd