Overview

Photosensitive Glass Market Introduction

Global Photosensitive Glass Market is predicted to value over USD 10.5 billion by 2027 end and grow at a CAGR of over 6.5% during the forecast period of 2020 to 2027.
Photosensitive glass, when exposed to UV rays, produces colourful pictures. It is a member of the lithium silicate family and the images are formed on the glass with the mask that is provided by microscopic metallic particles on short wave radiation exposure. It is used in decorative purposes to enhance the appearance of households. Furthermore, it is used in the manufacturing of micro-circuits and in various architectural applications.

The photosensitive market is relatively new. But, the variety of uses that it has will surely help with the rapid growth of the market during the forecast period.
Regionally, the market is bifurcated as North America, Europe, Asia Pacific, Latin America and the rest of the world. North America has the most potential when it comes to market expansion as a number of leading glass manufacturing companies like Corning Inc., Gaffer Glass, and IPG Photonics Corp. Additionally, Asia Pacific is a fast-growing market owing to the rise of the construction industry in countries like India and China.
End-user wise, the market is segmented into construction, decorative, ornaments, automotive and electronics. The construction and decorative segment ahead of the other segments in terms of market growth due to a huge demand of photosensitive glasses for beautification purposes. Although, the electronics segment is also catching up with a rise in demand for photosensitive glasses to manufacture micro-circuits.

Photosensitive Glass Market Segmentation:

By Region
• North America
• Europe
• Asia Pacific
• Latin America
• Rest of the world
By End-User
• Construction
• Decorative
• Ornaments
• Automotive
• Electronics

Competitive Landscape:
• Gaffer Glass
• Schott AG
• Corning Inc.
• IPG Photonics
• Hoya Corp.

FutureWise Key Takeaways:
• Growth prospects
• SWOT analysis
• Key trends
• Key data-points affecting market growth

Objectives of the Study:
• To provide with an exhaustive analysis on the global photosensitive glass market by region, by end-user
• To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions (along with countries)—North America, Europe, Asia Pacific, Latin America, and rest of the world
• To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions
• Profiling of companies to evaluate their market shares, strategies, financials and core competencies