What is Photosensitive Glass Market Scope?
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 Photosensitive Glass market study is being classified by Type (Transparent Glass and Opacified Glass), by Application (Ornaments, Automotive, Construction, Electronic and Others) and major geographies with country level break-up. According to AMA, the Global Photosensitive Glass market is expected to see growth rate of 6.3% and may see market size of USD9.8 billion by 2026.
Analysts at AMA predicts that Vendors from United States will contribute to the maximum growth of Global Photosensitive Glass market throughout the predicted period.
OptiGrate Corp. (United States), Hoya Corporation (Japan), Gaffer Glass (New Zealand), Schott Corporation (United States), Invenios (United States), Lastek (Australia), Corning Incorporated (United States), Owens-Illinois Inc. (United States) and Verallia (France) are some of the key players profiled in the study.
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Photosensitive Glass market by Type, Application and Region.
On the basis of geography, the market of Photosensitive Glass has been segmented into 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).
Influencing Market Trend
- Surging Trend of Micro-Circuits Through Microfabrication in the Electronics Industry
- Huge Investment in Research & Development by Key Players
Market Drivers
- Increasing Demand from Electronic Industry
- Highly Used in Aesthetic Purposes due to its Superior Physical and Chemical Properties
Opportunities
- The Growth of the Construction Sector in Developing Nations
- Increasing Demand from End-Use Industries Across the World
Restraints
- High Price and Limited Presence of Global Manufacturers
Challenges
- Stringent Environmental Regulations
Key Target Audience
Photosensitive Glass Manufacturers, Photosensitive Glass Distributors/Suppliers, Raw Material Supplier, Wholesalers, End User Industries, Government & Private Organizations, Technology Providers and Others
Customization available in this Study:
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