AdvanceMarketAnalytics, a global market research and consulting organization, have released a new study titled "Photosensitive Glass market - Global outlook to 2026". Industries constant focus on reducing the operational cost and increased attention on core business, and need to improve scalability are expected to shape the Global Photosensitive Glass market to grow at a CAGR of 6.3% to aggregate USD9.8 billion by 2026.
The Technology Type, such as Suspended Particle Display, is boosting the Photosensitive Glass market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
According to Analyst at AMA Research, the Global Photosensitive Glass market will experience significant growth during the forecast period due to potential opportunities lying in the market such as . Some of the important driving forces are Increasing Demand from Electronic Industry and Highly Used in Aesthetic Purposes due to its Superior Physical and Chemical Properties.
Photosensitive glass, a unique type of crystal clear glass and also called as photo-structural glass (PSG) which belongs to lithium-silicate family of glass. It captures a latent image when it is exposed to short wavelength radiations including ultraviolet light. The surge in demand for photosensitive glass across various industries such as automotive, ornaments, electronics and others as well has created huge opportunities for the very market.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Photosensitive Glass market by Type (Transparent Glass and Opacified Glass), by Application (Ornaments, Automotive, Construction, Electronic and Others) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key trends (current and future) of the market