Global Flexible Substrates Market to 2027 - Analysis and Forecasts by Leading Players Indorama, Kolon Industries, Polyonics, SCHOTT, i-components, BenQ Materials
The key players operating in the flexible substrates market include, TEIJIN LIMITED, Indorama Corporation, Kolon Industries, Inc., Corning Incorporated, Polyonics, Inc., American Semiconductor, Inc, Nippon Electric Glass Co.,Ltd., SCHOTT AG, i-components Co., Ltd., and BenQ Materials Corporation.
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Flexible substrates provide the ability to bend or roll in any shape. These substrates are prepared for a wide range of applications including, transistors molecular devices, photovoltaic solar cells, and sensors & actuators. The flexible substrates are used for electronic devices on glass, metal, and polymers. These substrates are majorly designed to be printed with conductive, semi-conductive, and resistive inks. The flexible substrates market is anticipated to grow with a significant rate in the coming years, due to increased adoption of flexible displays in applications such as, smartphones & wearable devices and growing demand for flexible displays from the electronics industry. However, increasing advanced technology and is anticipated to offer more growth opportunities for the players operating in the flexible substrates market.
The global flexible substrates market is segmented on the basis of type, and application. Based on type, the flexible substrates market is segmented as, plastic, metal, and glass. The plastic segment is further segmented into polyimide, PET and others. On the basis of application, the flexible substrates market is categorized into, aerospace & defense, medical & healthcare, solar energy, consumer electronics, and other applications. The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global flexible substrates market based on type, and application. It also provides market size and forecast till 2027 for overall market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The flexible substrates market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 13 countries globally along with current trend and opportunities prevailing in the region.
North America is expected to contribute to the largest share in the flexible substrates market in the coming years, due to the increasing demand for the flexible medical devices and growing adoption of organic electronics in the region. However, Asia Pacific is expected to witness significant growth in the market during the forecast period, owing to the increased production and growing number of solar projects in emerging economies in the region.
The report analyzes factors affecting flexible substrates market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the flexible substrates market in these regions. The report also includes the profiles of key flexible substrates manufacturing companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
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