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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 at a CAGR of 6.5% during 2022-2027. Flexible glass is an ultra-thin glass substrate manufactured from the fusion and float methods. It provides high strength, scratch-resistance, and temperature stability, on account of which it is extensively used to produce automobiles windowpanes, solar panels, and consumer electronics. Flexible glass further enables manufacturers to minimize product weigh, thus enhancing its aesthetic appeal. At present, it is available in varying types, such as bendable, rollable, and foldable.
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The significant expansion in the consumer electronics industry, wherein flexible glass is used to manufacture display screens of curved monitors, laptops and tablets represents the key factor currently driving the market growth. In line with this, the shifting inclination of manufacturers toward novel plastic and metal substrates, such as polyethene terephthalate (PET), for composing flexible glass due to its cost-effective property is propelling the market growth. Apart from this, the increasing demand for flexible glass in wearable devices, solar panels, and smart cards due to the adoption of advanced driver assistance systems (ADAS) is creating a positive outlook for the market.
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:
The report has segmented the flexible glass market on the basis of application, end use industry and region.
Breakup by End Use Industry:
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Key Highlights of the Report:
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