According to a new report, published by KBV research, The Global Flexible Glass Market size is expected to reach $2.1 billion by 2031, rising at a market growth of 6.4% CAGR during the forecast period.
The Display segment is leading the Global Flexible Glass Market by Application in 2023; thereby, achieving a market value of $945.3 Million by 2031. The segment is expanding predominantly as a result of the increasing demand for advanced consumer electronics, including foldable smartphones, tablets, and wearable devices. Flexible glass offers unparalleled thinness, durability, and high optical clarity, making it a preferred material for creating sleek and innovative display designs.
The Automotive segment exhibits a CAGR of 6.7% during (2024 - 2031). The shift towards connected and autonomous vehicles has increased the demand for high-quality, durable display solutions, where flexible glass plays a key role. Its ability to integrate seamlessly into curved dashboards and provide enhanced aesthetics, coupled with its resistance to scratches and environmental stress, makes it highly desirable for automotive interiors. Additionally, the automotive sector has seen a further increase in the use of flexible glass due to the increasing prevalence of electric vehicles (EVs) and the necessity for lightweight materials to enhance fuel efficiency.
Full Report: https://www.kbvresearch.com/flexible-glass-market/
The Asia Pacific region dominated the Global Flexible Glass Market by Region in 2023; thereby, achieving a market value of $868.3 Million by 2031. The North America region is experiencing a CAGR of 5.7% during (2024 - 2031). Additionally, The Europe market would witness a CAGR of 5.9% during (2024 - 2031).
By Application
By End Use
By Geography