Flexible Glass Market Size (2024 - 2029)

Flexible Glass Market Analysis

The Flexible Glass Market size is estimated at USD 1.8 billion in 2024, and is expected to reach USD 2.48 billion by 2029, growing at a CAGR of 6.62% during the forecast period (2024-2029).

The COVID-19 pandemic negatively impacted the flexible glass market. However, the market recovered significantly in 2021, owing to rising consumption from various applications such as producing lightweight, thin, robust, and portable electronics.

• Increasing demand for flexible glass from electrical and electronics and consumer goods industries and lower cost of raw materials is expected to drive the market during the forecast period.
• High production complexity, environmental concerns, and health issues due to silica fumes will likely hinder market growth over the medium term.
• Increasing usage of flexible glass in solar panels, automotive, and defense sectors is expected to provide wide opportunities for manufacturers.
• Asia-Pacific represents the largest market and is expected to be the fastest-growing market over the forecast period, owing to the increasing consumption from countries such as China, India, and Japan.

Flexible Glass Industry Segmentation

Flexible glass is essentially thin, often thinner than 100 microns, adding flexibility to traditional rigid glass's attributes. It is made from aluminum oxide that can be stretched and bent at room temperature without snapping. The flexible glass market is segmented by application, end-user industry, and geography. The market is segmented by application into displays, solar panels, photovoltaic cells, and other applications. The end-user industry segments the market into electrical and electronics, automotive, medical, wearable devices, and other end-user Industries. The report also covers the market size and forecasts for the flexible glass market in 15 countries across major regions. Market sizing and forecasts for each segment are based on revenue (USD).