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Optical Films Market Growing at 1.40% CAGR Will Hit 20900 million US$ in 2025

04-18-2019 10:39 AM CET | Science & Education

Press release from: QY Research, Inc. 

Optical Films Market Growing at 1.40% CAGR Will Hit 20900 million

Optical film is dielectric film or metal film which coated on the surface of optical element. Optical film is a kind of high-performance film, can change the transfer characteristics of light waves, including light refraction, reflection, scattering, absorption, and polarization and phase.

The high demand for Optical Film from the electrical & electronics industry, especially in APAC, and the continuous expansions and new product developments undertaken by the major companies are the key factors driving the global Optical Film market.

Optical Film is projected to be the most dominant type of Optical Film between 2017 and 2023. They are widely preferred for the display and lighting applications in the electrical & electronics industry. Optical Optical Film are increasingly used in LCDs for consumer electronics as these films have superior optical properties. In addition, due to their excellent impact resistance, these films are also preferred for other applications such as overlays and automotive.

Electrical & electronics is the largest end-use industry of Optical Film. This can be attributed to the growing number of consumer electronics which has resulted in an increased demand for Optical Film in it. Due to the superior properties of Optical Film, such as impact resistance, good thermal properties, optical clarity, and dimensional stability, these films are widely preferred in this end-use industry.

The global Optical Films market was 19000 million US$ in 2018 and is expected to 20900 million US$ by the end of 2025, growing at a CAGR of 1.4% between 2019 and 2025.

This report studies the Optical Films market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Optical Films in these regions, from 2014 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

Kangdexin

SKC

Nitto Denko

Sumitomo Chemical

LG Chem

3M

Mntech

CCS

Shinwha

Toray Industries

Samsung SDI

Kimoto

Keiwa

Eternal

Lucky Film

Ubright

Sanritz

BQM(DAXON)

CHIMEI

Efun

Gunze

WAH HONG

Gamma

OIKE

By the product type, the market is primarily split into

Polarizer

Optical Film for Back Light Unit

Optical Film

By the end users/application, this report covers the following segments

Consumer electronics

Optical equipment

Automotive

Industrial

Lighting

Key Regions split in this report:

North America

Asia-Pacific

Europe

Central & South America

Middle East & Africa

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