New NanoMarkets Report Predicts Flexible Glass Market to Reach $348 Million by 2019

New NanoMarkets Report Predicts Flexible Glass Market to Reach $348 Million by
2019

NanoMarkets believes that despite recent setbacks for flexible glass in the
display market, this interesting material still has the potential to reach
revenues of $348 million (USD) in 2019 and almost $700 million in 2021

Glen Allen, VA, March 17, 2014 (GLOBE NEWSWIRE) -- via PRWEB - Industry
analyst firm NanoMarkets today announced the release of its report titled
"Flexible Glass Markets, 2014 and Beyond." NanoMarkets believes that despite
recent setbacks for flexible glass in the display market, this interesting
material still has the potential to reach revenues of $348 million (USD) in
2019. Although glass makers are currently "desperately seeking" new
applications for flexible glass, just two product categories – computer/tablet
displays and solar panels – will account for more than 80 percent of the
market for flexible glass in 2019.

Additional details about the report are available at:
http://nanomarkets.net/market_reports/report/flexible-glass-markets-2014-and-beyond

About the Report:

In this report NanoMarkets identifies the future opportunities in the flexible
glass sector. The report contains detailed, eight-year forecasts, in both area
(millions of square meters) and value ($US millions) terms for flexible glass
used for cover glass, encapsulation and substrates in several applications
including: LCDs, OLED displays, OLED lighting, e-paper displays, photovoltaic
panels, 2.5D chip interposers, and batteries/capacitors.

In addition, this report profiles and analyzes the product development and
marketing strategies of the major players in flexible glass sector; Corning,
Nippon Electric Glass (NEG), Schott and Asahi Glass Company (AGC). The report
also contains discussions of prototypes of various devices and systems that
have already built and which flexible glass in some way.

From the Report:

The newly resurgent solar panel industry offers large addressable markets for
flexible glass since this industry inherently consumes a considerable amount
of both substrate and encapsulation material. In this market, flexible glass
can potentially compete strongly both on its strong barrier properties and
because its flexibility and low weight are well suited to BIPV installations.
There have already been CdTe and DSC demonstrators built using flexible glass
and some consider flexible glass to be a perfect cover for CdTe solar
shingles. As a result, NanoMarkets expects flexible glass to generate over
$150 million in sales to the solar panel sector in 2019.

NanoMarkets also expects that flexible glass will reenter the display market
in a few years as a more durable – and possibly lower cost – material. It will
be marketed against plastic substrates and covers based on better
encapsulation and the fact that it is relatively scratch proof. The likelihood
is that much of the revenues for flexible glass in the display sector will
come from LCD-based tablets, laptop and notebooks. NanoMarkets expects such
revenues to reach almost $125 million by 2019. By contrast cell phone use of
flexible glass is expected to reach only $40 million in 2019.

NanoMarkets remains skeptical of some of the newer applications that have
recently been invented up for flexible glass, which are often technically
interesting, but highly speculative. These include substrates for thin-film
batteries and high-performance capacitors/supercapacitors and interposers for
2.5 D semiconductor chips. However, these technologies – like flexible glass
itself-- are immature and for now represent small and uncertain addressable
markets for flexible glass. As a result, in both cases, it will take quite a
few years for flexible glass to establish itself as a viable material.
NanoMarkets does not believe such new applications will be significant revenue
generators for flexible glass in the next eight years.

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 display materials and solar panel materials such as flexible
glass.

Visit http://www.nanomarkets.net for a full listing of NanoMarkets' reports
and other services.

This article was originally distributed on PRWeb. For the original version
including any supplementary images or video, visit
http://www.prweb.com/releases/2014/03/prweb11676864.htm

CONTACT: NanoMarkets
         Robert Nolan
         rob@nanomarkets.net
         +1 (804) 938-0030
 
Press spacebar to pause and continue. Press esc to stop.