Flexible Substrates Market By Deployment, Capability, Equipment and End User Analysis by 2026
The Global Flexible Substrates Market is valued to reach USD 788.2 Million by 2023, growing at CAGR of 14.2% during forecast period 2020-2026. Key factors augmenting the market growth include emerging field of printed electronics technologies, adoption of thin-film solar modules, rise in the demand for OLEDs and growing need for miniaturization of devices and microelectronics.
Printing technologies remain effective and compatible with polymeric materials that result in a new generation of polymeric applications. Flexible polymers are a class of materials that are employed for a wide range of applications such as solar cells, transistors, sensors and actuators. As electronics industry across the world is adopting miniaturized circuits the market is doling out complex products. Hence, manufacturers are now emphasizing on miniaturization of circuits as a semiconductor trend in order to develop smart solutions.
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