Global Optical Film Market Bwc19291
Global Optical Film Market by Film Type (Polarizing Film, Backlight Unit Film, and ITO Film), by Application (Television, Desktop Monitors & Laptops, Smartphones & Tablets, Signage/Large Format display, and Automotive Display), by Region (North America, Europe, Asia Pacific, Middle East & Africa and Latin America), Price Trend Analysis, Competitive Market Share and Forecast, 2015-2025
- Published Date: September 2019
- Report ID: BWC19291
- Available Format: PDF
- Page: 120
Report Overview
Global
Optical Film Market: Overview
Global
Optical Film Market projected to attain US$ 34.7 billion by 2025, with a
significant CAGR of 7.8% during 2019-2025. Owing to the increasing demand for consumer
electronics coupled with changing consumer lifestyle, is anticipated to boost
the demand. The foremost drivers stimulating the optical film market are
raising demand for large LCD and OLED display panels from the televisions and
smartphones applications. Optical films with high moisture resistance, heat
resistance, and optical durability against the bending and curving of display
devices are being developed, particularly for the flexible display market.
Optical films are multilayer-coated films utilized in
numerous display applications like anti-glaring (AG), anti-reflection (AR),
light control & enhancement, display privacy, etc. The growing trend of
digitalization in developing the market, rising demand for larger screen sized
televisions, and mobile phones and increasing demand for smart electronic
wearable devices are the prominent factors propelling the growth of this
market. Growing consumer electronics market in the Asia Pacific, especially in
India and China is driving the global optical films market.
Recent Developments
In May 2015, Samsung SDI
signed Memorandum of Understanding with China’s Wuxi City for building a new
polarizer plant to cater to the rising demand for big-screen TV from China in
the polarizing film market. The company has planned to set up a production line
so that its products can apply to the biggest market of eighth-generation LCD
panels
In March 2017, Sumitomo
Chemical increased the production capacity of its film-based touchscreens
panels for flexible OLED displays. Due to increased demand for OLED displays,
the company has increased the production capacity of films-based touchscreens,
which, in turn, will drive the optical film market.
In October 2018, Zeon Corporation expanded the production capacity of ZeonorFilm optical film. The company plans to enlarge its manufacturing plant in Takaoka City, Japan. Owing to the growing demand for optical films, the company expanded its production capabilities. The operations are expected to begin from October 2019, which will help the company to grow its optical film business as well increase its revenue.
Optical Film Market: Film Type Analysis
On the basis of film type, the global optical film
market segmented into Polarizing Film, Backlight Unit Film, and ITO Film. Among
them, Polarizing film holds the largest market share over the forecast period
as it is extensively applicable in both LCD and OLED displays for numerous
applications. Polarizer protection films are generally smooth in finish and
also controls the light coming from the display. Polarizing films hold high
durability, which is capable of maintaining performance and quality of film for
an extended period. They often used in conjunction with prism and reflector
films. The polarizing film is perfect for a range of microscopy, display, and
imaging applications.
Optical
Film Market: Application Insights
Based on the application, the optical film market is
bifurcated into Television, Desktop Monitors & Laptops, Smartphones &
Tablets, Signage/Large Format display, and Automotive Display. Television
application accounts for the lion’s share of the global optical film market
during the forecast period. Introduction of advanced optical films technology
involves the development of new materials and processing skills to highlight
optical properties of displays and optoelectronic devices like increasing
brightness, widening viewing angles, and lower reflection. Smartphones & Tablets
are projected to be the fastest-growing segment of the overall optical film
market.
Optical
Film Market: Regional Analysis
Geographically, the optical film market is analyzed
across North America, Europe, Asia Pacific, Middle East & Africa, and Latin
America. The Asia Pacific is projected to remain the largest market by value
and volume and is also anticipated to witness the highest growth over the
forecast period. Owing to the economic expansion, rising per capita income, and
urbanization across the region, particularly in India and China, is leading the
demand for televisions, mobile phones, monitors, and other electronics.
Countries in APAC like South Korea, China, and Japan have the presence of the
largest optical film manufacturers, globally.
Objective of the Study:
To analyze and forecast
market size of the global optical film market in terms of value and volume
To examine the careful
market segmentation and forecast the market size, in terms value, on the basis
of region by segmenting optical film market into five regions, namely, North
America, Europe, Asia Pacific, Middle East & Africa, Latin America and
their leading countries.
To outline, categorized and
forecast the global optical film market on the basis of film type, and
application.
To examine competitive
developments like technological advancement, services, and regulative framework
within the global optical film Market.
To highlight the impact
analysis of the factors, affecting the market dynamics such as drivers,
restraints, opportunities, and challenges.
To strategically profile the key players and comprehensively analyze their market shares along with detailing the competitive landscape for market leaders.
Global Optical film Market: Competitive Landscape
Companies such as LG Chem, Ltd., Hyosung Chemical,
Toray Industries Inc., Sumitomo Chemical Co., Ltd., 3M, Zeon Corporation, Kolon
Industries Inc., Sanritz Co., Ltd., Nitto Denko Corporation, and Samsung SDI
are the leading players of optical film market across the globe.
Key
Target Audience:
·
Market research and consulting firms
·
Industry associations
·
Optical film manufacturers
·
Research organizations and consulting
companies
·
Organizations, associations and alliances
related to optical film market
·
Regulatory bodies
Scope
of the Report
By
Film Type
·
Polarizing Film
·
Backlight Unit Film
·
ITO Film
By
Application
·
Television
·
Desktop Monitors & Laptops
·
Smartphones & Tablets
·
Signage/Large Format display
·
Automotive Display
In
addition, the report provides analysis of the optical film market with respect
to the following geographic segments and their high performing regions:
North
America
·
U.S.
·
Canada
Europe
·
Germany
·
U.K.
·
Italy
·
France
·
Rest of Europe
Asia
Pacific
·
China
·
India
·
Japan
·
Australia
·
Rest of APAC
LATAM
·
Brazil
·
Argentina
·
Rest of Latin America
MEA
·
Saudi Arabia
·
UAE
·
Rest of MEA
Business Questions answer by the report
·
How will the market drivers, restraints and
opportunities affect the market dynamics?
·
What will be the market size in terms of
value and volume and market statistics with detailed classification
·
Which segment dominates the market or
region and one will be the fastest growing and why?
·
A comprehensive survey of the competitive
landscape and the market participant players
·
Analysis of strategy adopted by the key
player and their impact on other players.
Customization
Scope for the Client
Client satisfaction is our first and last priority. And
that’s why BlueWeave Consulting offers customization according to Company’s
specific needs. The following customization options are available for the report:
Additional
Company Information
·
With five additional company detail
analysis.
· Additional country analysis.
· Detailed segment analysis.
-1. Research Framework
1.1. Research
Objective
1.2. Product
Overview
1.3. Market
Segmentation
2. Research Methodology
2.1. Qualitative
Research
2.1.1.
Primary & Secondary Sources
2.2. Quantitative
Research
2.2.1.
Primary & Secondary Sources
2.3. Breakdown
of Primary Research Respondents, By Region
2.3.1.
Secondary Research
2.3.2.
Primary Research
2.4. Breakdown
of Primary Research Respondents, By Industry Participants
2.5. Market
Size Estimation
2.6. Assumption
for the Study
2.7. Market
Breakdown & Data Triangulation
3. Executive Summary
4. Industry Insights
4.1. Industry
Value Chain Analysis
4.1.1.
Vendor Matrix
4.2. Pricing
Analysis
4.3. Industry
Impact and Forces
4.3.1.
Growth Drivers
4.3.2.
Restraints
4.3.3.
Opportunities
4.3.4.
Challenges
4.4. Technological
Landscape
4.5. Company
market share analysis, 2018
4.6. Growth
Potential analysis, 2018
4.7. Porter’s
Five forces analysis
4.7.1.
Bargaining Power of Suppliers
4.7.2.
Bargaining Power of Buyers
4.7.3.
Threat of New Entrants
4.7.4.
Threat of Substitutes
4.7.5.
Intensity of Rivalry
4.8. PESTEL
Analysis
4.9. Strategic
Outlook
5. Global Optical Film Market Overview
5.1. Market
Size & Forecast
5.1.1.
By Value (USD Millions)
5.1.2.
By Volume
5.2. Market
Share & Forecast 2015-2025
5.2.1.
By Film Type
5.2.1.1.
Polarizing Film
5.2.1.2.
Backlight Unit Film
5.2.1.3.
ITO Film
5.2.2.
By Application
5.2.2.1.
Television
5.2.2.2.
Desktop Monitors & Laptops
5.2.2.3.
Smartphones & Tablets
5.2.2.4.
Signage/Large Format display
5.2.2.5.
Automotive Display
5.2.3.
By Region
5.2.3.1.
North America
5.2.3.2.
Europe
5.2.3.3.
Asia Pacific
5.2.3.4.
LATAM
5.2.3.5.
MEA
6. North America Optical Film Market
6.1. Key
Regional Trends
6.2. Market
estimates & forecast, 2015-2025
6.2.1.
By Film Type
6.2.2.
By Application
6.2.3.
By Country
6.2.3.1.
U.S
6.2.3.2.
Canada
7. Europe Optical Film Market
7.1. Key
Regional Trends
7.2. Market
estimates & forecast, 2015-2025
7.2.1.
By Film Type
7.2.2.
By Application
7.2.3.
By Country
7.2.3.1.
Germany
7.2.3.2.
U.K
7.2.3.3.
France
7.2.3.4.
Italy
7.2.3.5.
Rest of Europe
8. Asia Pacific Optical Film Market
8.1. Key
Regional Trends
8.2. Market
estimates & forecast, 2015-2025
8.2.1.
By Film Type
8.2.2.
By Application
8.2.3.
By Country
8.2.3.1.
China
8.2.3.2.
India
8.2.3.3.
Japan
8.2.3.4.
Australia
8.2.3.5.
Rest of APAC
9. Latin America Optical Film Market
9.1. Key
Regional Trends
9.2. Market
estimates & forecast, 2015-2025
9.2.1.
By Film Type
9.2.2.
By Application
9.2.3.
By Country
9.2.3.1.
Brazil
9.2.3.2.
Argentina
9.2.3.3.
Rest of Latin America
10. Middle East & Africa Optical Film
Market
10.1.
Key Regional Trends
10.2.
Market estimates & forecast, 2015-2025
10.2.1. By
Film Type
10.2.2. By
Application
10.2.3. By
Country
10.2.3.1.
Saudi Arabia
10.2.3.2.
UAE
10.2.3.3.
Rest of MEA
11. Company Profile (Company Overview,
Financial Matrix, Key Product landscape, Key Personnel, Key Competitors,
Contact Address, SWOT Analysis and Strategic Outlook)
11.1.
LG Chem, Ltd.
11.2.
Hyosung Chemical
11.3.
Toray Industries Inc
11.4.
Sumitomo Chemical Co., Ltd.
11.5.
3M
11.6.
Zeon Corporation
11.7.
Kolon Industries, Inc.
11.8.
Sanritz Co., Ltd.
11.9.
Nitto Denko Corporation
11.10.
Samsung SDI
11.11.
Mitsubishi Chemical Corporation
11.12.
Dexerials Corporation
11.13.
Benq Materials Corporation
11.14.
SKC Inc.
11.15.
Polatechno Co., Ltd.
11.16.
Suntechopt Corporation
11.17.
Cheng Mei Materials Technology Corp.
11.18.
Shenzhen Sheng Wave Optoelectronic
Technology Co., Ltd. (Sapo)
11.19.
Teijin Limited
11.20.
Toyobo Co. Ltd.
Market Segmentation
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