Analysts forecast
the Global Flexible Glass market will grow at a
CAGR of 50.21 percent over the period 2013-2018.the report recognizes the
following companies as the key players in Global Flexible Glass Market: Asahi
Glass Co. Ltd., Corning Inc., Nippon Electric Glass Co. Ltd., Schott AG, Abrisa
Technologies, LiSEC Group, and Tokyo Electron.
The emerging
market for wearable technology, and the heavy investment in developing it,
enhances the future prospects of flexible glass. Technology giants such as
Google Inc., Apple Inc., and Samsung Electronics Co. are developing
next-generation wearable technology that will lead to huge demand for flexible
glass for display screens in new devices. These factors will lead to a robust
increase in the usage of flexible glass, which will also allow the Global
Flexible Glass market to grow.
The Global
Flexible Glass market can be segmented by application into the Display market,
PV market, OLED market, and other markets. These are the various application
markets of flexible glass that are expected to emerge during the forecast
period. The commercial applications of flexible glass in the Display, OLED, and
PV markets are expected to materialize during the forecast period. However,
end-users could come from other application markets as flexible glass is still
in search of a market where it can be used to its full potential.
The Global
Flexible Glass Market 2014-2018, has been prepared based on an in-depth market
analysis with inputs from industry experts. The report covers the Global
Flexible Glass market landscape and its growth prospects in the coming years.
The report also includes a discussion of the key vendors operating in this
market.
According to the
report, the Global Flexible Glass market is driven by several factors, and the
increasing demand for slim and scratch-resistant displays in electronic gadgets
is one of the major drivers. Using flexible glass as display glass for
cellphones and tablets because of the rising demand for slim, lightweight,
scratch-resistant, and high-clarity displays for electronic gadgets will drive
the demand for the market by enabling the production and commercialization of
high-quality products.
Further, the
report states that one of the major challenges is the rapid change in
technology and innovation that can lead to the replacement of the glass
substrate with plastic.
