NanoMarkets
today announced the release of its report titled "Markets for
Flexible Glass 2013" that analyzes and quantifies the
opportunities for this novel material.
Glen
Allen, Virginia - December 6, 2012 -- Industry analyst firm
NanoMarkets
today announced the release of its report titled "Markets for
Flexible Glass 2013" that analyzes and quantifies the
opportunities for this novel material. NanoMarkets estimates that the
market potential for flexible glass will surpass $600 million (USD)
in 2017 with OLED displays and lighting becoming major growth factors
within the business starting in 2018. Additional details about the
report are available at:
http://nanomarkets.net/market_reports/report/flexible_glass_markets_2013_and_beyondt.
About
the Report:
Within
the report NanoMarkets examines the product development and marketing
strategies of the major players in the development and
commercialization of flexible glass within the global glass industry.
Major glass firms discussed include Corning, Nippon Electric Glass,
Schott, Asahi Glass Company. We identify which firms are the
"companies to watch" and which will be the likely winners
and losers in the rise of flexible glass space.
The
report also contains detailed, eight-year forecasts, in area
(millions of square meters) and value ($US millions) terms of
flexible glass used for both substrates and for encapsulation broken
out application. Forecasts are also broken out by device format, i.e.
in terms of rigid vs. flexible panels.
Applications
covered include:
-
LCDs
-
OLED displays
-
E-Paper displays
-
OLED lighting
-
Photovoltaic (PV) panels, and
-
Sensors (including touch sensors) and other, electronic components.
From
the Report:
In
the past year, the flexible glass sector has expanded its
commercialization efforts, and most of the major glass firms have
ramped up activities. Global glass giant Corning officially released
its 100 µm-thick Willow Glass - in roll, sheet, and ITO-coated sheet
form - in 2012, and is targeting lightweight products in the display
sector. Meanwhile, Asahi Glass, NEG, and Schott have also continued
their efforts to commercialize thin, flexible glass products, for
applications in displays, touch sensors, and PV panels.
The
most immediate selling point for flexible glass is that it has the
potential to provide a lighter-weight and lower-cost alternative to
rigid glass for the burgeoning mobile communications and computing
sectors. The firm cautions that flexible glass prices today remain
quite high and they will need to come down substantially for flexible
glass to meet its potential and gain widespread adoption.
Other
findings from the report include:
-
The overall flexible glass market is expected to be valued at about
$130 million in 2013, and the value is expected to exceed $2.1
billion by the end of the forecast period in 2020.
-
The value of flexible glass used in intrinsically flexible devices
(flexible displays, flexible solar panels, etc.) is expected to grow
from a value of only about $7 million in 2013 to more than $260
million by 2020, or about 13 percent of the total market value.
-
OLEDs - both displays and lighting - are expected to be a key growth
area for flexible glass, since the material can be used both as a
flexible substrate and to provide superior barrier performance. The
market for flexible glass in OLEDs is expected to have a value of
about $4 million in 2013, and the value is expected to grow to nearly
$700 million by 2020, thereby accounting for about one-third of the
total market for flexible glass.
About
NanoMarkets:
NanoMarkets
tracks and analyzes emerging market opportunities in solid-state
lighting, energy, electronics and other markets created by
developments in advanced materials. The firm is a recognized leader
in industry analysis and forecasts of this kind.
Visit
http://www.nanomarkets.net
for a full listing of NanoMarkets' reports and other services.
Media
Contact:
Robert
Nolan
NanoMarkets,
LC
PO
BOX 3840
Glen
Allen, VA 23058
(804)
938-0030
