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Press Release

Flexible Glass Global Markets Projected to Reach $1 Billion by 2016

May 12th, 2010

Global Information, Inc. would like to present a new market research report, "Flexible Glass Market Shares Strategies, and Forecasts, Nanotechnology, Worldwide, 2010 to 2016" by WinterGreen Research, Inc..

The overall worldwide glass markets are expected to remain strong. According to this report, "worldwide glass demand to reach 2.7-2.8 billion square feet in 2010, up from 2.4 billion square feet in 2009. Glass shipments can be analyzed at a rate of 37% residential, 21 % commercial, 28% automotive, and 17% specialty glass." Meanwhile, the flexible glass substrate market represents a fraction of the overall solar panel markets. Flexible glass is used as a substrate for deposition of nanotechnology materials for the creation of solar panels, thin film batteries, and HDD drivers. Nanotechnology implementations of various devices require substrates, which includes materials used in the aircraft and construction industries. As a substrate, flexible glass is very valuable due to its handling characteristics, its chemical compositions, and the overall maturity of the glass industry. Furthermore, flexible glass has a higher threshold for heat management than polymers. Glass substrates remain stable at high temperatures that would cause polymers to melt. Growth in the flexible glass market will be driven by nanotechnology demand. Additionally, flexible glass substrates are expected to grow rapidly capturing a significant market share of the solar panel and other nanotechnology manufacturing production.

Global Information Inc.(GII) - specializing in market research provision for the vertical industries, GII offers expert independent recommendations of publications from hundreds of the globe's leading market research firms.

Product Code : 119010