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According to a new report published by Allied Market Research, titled,"Photosensitive Glass Market, by Application: Global Opportunity Analysis and Industry Forecast, 2018- 2025,"The global photosensitive glass market was valued at $6,355.8 in 2017 and is projected to reach $10,885.3 by 2025, growing at a CAGR of 6.8% from 2018 to 2025. <br><br><br>North America dominated the photosensitive glass market with a revenue share of over 48% in 2017.The Asia-Pacific photosensitive glass market is projected to grow at a highest CAGR of nearly 8.2%, in terms of revenue, during the forecast period. The decorative segment was a global leader among other applications with more than one-third share in 2017<br>
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According to a new report published by Allied Market Research, titled, “Photosensitive Glass Market, by Application: Global Opportunity Analysis and Industry Forecast, 2018- 2025,"The global photosensitive glass market was valued at $6,355.8 in 2017 and is projected to reach $10,885.3 by 2025, growing at a CAGR of 6.8% from 2018 to 2025. The decorative application segment dominated the market in 2017, with around more than one-third share, in terms of revenue. Photosensitive glass is also known as photo-structurable glass or photo-machinable glass which belongs to lithium silicate family. Colored pictures can be produced by exposing this glass to ultraviolet light. The colored images are formed in the photosensitive glass with the help of mask by microscopic metallic particles, when it is exposed to short wave radiations, such as UV light. Get Sample Report Photosensitive Glass Market
North America is the most promising regional market across the globe. The region accounted for largest market share due to presence of leading photosensitive glass manufacturers including Gaffer Glass USA, Corning Incorporated, and IPG Photonics Corporation. On the other hand, Asia-Pacific anticipated to exhibit promising growth due to the trend for micro-circuits and consistently developing photolithography process. Countries, such as India and China are anticipated to offer numerous growth opportunities owing to established construction industry. Photosensitive Glass Market Review
Porter’s five forces analysis helps to analyze the potential of buyers & suppliers and the competitive scenario of the industry for strategy building. • It outlines the current trends and future scenario of the market from 2018 to 2025 to understand the prevailing opportunities and potential investment pockets. • Major countries in each region have been mapped according to their individual revenue contribution to the global/regional market. • The key drivers, restraints, and opportunities and their detailed impact analyses are elucidated in the study. • The profiles of key players along with their key strategic developments are enlisted in the report. Photosensitive Glass Market Key Benefits
Photosensitive Glass Market by Application (Construction, Ornaments, Decorative, Electronics, and Automotive): Opportunity Analysis and Industry Forecast, 2018 - 2025
