New York City, NY, 15 November, 2019/ 24 Market Reports: An ultra-thin glass, flexible glass has the same properties as of a rigid glass material. Durability, strength and temperature stability are the other properties associated with the flexible glass market. Scratch resistance and rigidity are the other properties that flexible glasses exhibit. The use of flexible glasses takes place in increasing the strength, flexibility and shelf-life of finished products.
The flexible glass market can be bifurcated according to the end-user markets such as display market, OLED market and other gadgets markets owing to its unique flexibility property of the glass. Owing to the development of next-generation gadgets, the display market is expected to dominate the demand for flexible glass during the forecasted period.
The increase in demand for products such as smartphones, laptops, tablets and TVs is rising with the advancement in the display technology. The growth in the electronics market will fuel the demand for flexible glass materials, driving the overall flexible glass market. It is also estimated for slim and scratch-resistant displays to witness an increase in demand in electronic products which is rising the demand for flexible glass market to some extent.
The demand for better quality electronic products such as smartphones, smartwatches, cellphones and other products is increasing with the increasing disposable income of the consumers. This is further increasing the demand for flexible glass, especially in the developing markets such as India, China and Brazil.
Followed by Europe and the Asia Pacific, North America has the largest market for flexible glass. The U.S and China are the major markets for flexible glass and the regions are expected to continue their domination over the forecast period. It is expected for the North American market to maintain its market leadership over the forecast period. Europe is expected to witness a marginal growth. Owing to the increasing domestic demand for cellphones and tablets in the emerging markets of India and China, the Asia Pacific region is expected to witness the highest growth in the forecasted period.
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