Trends, opportunities and forecast in polarizer film market to 2023 by technology (thin film transistor, super twisted nematic, and twisted nematic), application (television, monitor, notebook, mobile phone, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)
According to a new market report published by Lucintel, the future of the polarizer film market looks attractive with opportunities in the television, monitor, notebook, and cell phone markets. The global polarizer film market is expected to reach an estimated $16 billion by 2023 and is forecast to grow at a CAGR of 6.1% from 2018 to 2023.
The major growth drivers for this market are increasing demand for mobile phone and television displays, increasing demand for larger panel size, increasing penetration of quantum dot displays (QD-LED) for better visibility, and growth in demand for high quality organic light-emitting diode (OLED) displays in smartphones.
In this market, polarizer films are used in thin film transistor (TFT), super twisted nematic (STN), and twisted nematic (TN) display technologies.
Lucintel forecasts that TFT film will remain the largest market and witness the highest growth in the forecast period due to its attractive properties of delivering better resolution, energy efficiency, and low price.
Browse 73 market data Tables and 95 Figures spread through 200 Pages and in-depth TOC on "Polarizer Film Market" www.lucintel.com/polarizer-film-market-2018-2023.aspx
Within the polarizer film market, television segment is expected to remain the largest end use market due to the increasing demand for LED display and growth in larger display size. The mobile phone segment is expected to witness the highest growth in the forecast period supported by increasing demand for smartphones in China, India, and other developing regions.
Asia Pacific is expected to remain the largest market by value and volume and is also expected to witness the highest growth over the forecast period because of significant growth in the demand for larger screen televisions and increasing demand for smartphones in India and China.
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Emerging trends, which have a direct impact on the dynamics of the industry, include development of ultra-thin polarizer film and the development of blue light high transmission polarizer film. Nitto Denko, Sumitomo, Chem, LG Chem, Fujifilm, and Mntech are among the major suppliers of polarizer film.
Inquiry report @ www.lucintel.com/pq/polarizer-film…t-2018-2023.aspx
The study includes a forecast for the global polarizer film market by technology, application, and region as follows:
By Technology [Volume (M Sqm) and $M shipment analysis for 2012 – 2023]:
- Super Twisted Nematic (STN)
- Thin Film Transistor (TFT)
- Twisted Nematic (TN)
By End Use Market [Volume (M Sqm) and $M shipment analysis for 2012 – 2023]:
- Mobile Phones
By Region [Volume (M Sqm) and $M shipment analysis for 2012 – 2023]:
- North America
- Asia Pacific
- − China
- − Japan
- − Taiwan
- − South Korea
- The Rest of the World
This 200-page research report will enable you to make confident business decisions in this globally competitive marketplace.
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