PI Alignment Agent Research:CAGR of 3.9% during the forecast period

PI Alignment Agent Market Summary

According to the new market research report "Global PI Alignment Agent Market Report 2024-2030", published by QYResearch, the global PI Alignment Agent market size is projected to reach USD 0.83 billion by 2030, at a CAGR of 3.9% during the forecast period.

Global PI Alignment Agent MarketSize(US$ Million), 2019-2030
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Above data is based on report from QYResearch: Global PI Alignment Agent Market Report 2024-2030 (published in 2024). If you need the latest data, plaese contact QYResearch.



Global PI Alignment Agent Top5Players Ranking and Market Share (Ranking is based on the revenue of 2023, continually updated)
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Above data is based on report from QYResearch: Global PI Alignment Agent Market Report 2024-2030 (published in 2024). If you need the latest data, plaese contact QYResearch.

According to QYResearch Top Players Research Center, the global key manufacturers of PI Alignment Agent include JSR Corporation, Nissan Chemical, etc. In 2023, the global top three players had a share approximately 90.0% in terms of revenue.



PI Alignment Agent,Global Market Size, Split by Product Segment
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Based on or includes research from QYResearch: Global PI Alignment Agent Market Report 2024-2030.

In terms of product type, currently PSA is the largest segment, hold a share of 41.8%.



In terms of product application, currently Gen 8.5 is the largest segment, hold a share of 30.9%



Market Drivers:

With the rapid development of industries such as 5G communications, consumer electronics, smart terminals, and new energy vehicles, the demand for PI orientation agents has increased significantly. With the upgrading of display technology, photoalignment and friction alignment technologies have been widely used in the field of liquid crystal displays. IPS IPS/FFS (OA), VA:PSA photoalignment technology achieves contactless orientation through ultraviolet irradiation, avoiding particle contamination and surface damage in traditional friction alignment, and improving the performance and life of the display. As a mature process, IPS FFS friction alignment technology still has cost advantages. The technological progress of both has promoted the innovative application and large-scale production of the alignment agent market.



Restraint:

The high-end technology and formula of PI orientation agents have long been mastered by Japanese companies. New companies have barriers to technological breakthroughs, huge R&D investment and slow results, which easily lead to technology dependence and market competition disadvantages. The client verification cycle of PI orientation agents is as long as 1-3 years, and it is difficult to obtain short-term returns on large investments in R&D. As the time for investment returns is prolonged, it will affect corporate revenue. Once client verification is blocked, the verification cycle will be longer and will also have a negative impact in the industry. In addition, the downstream capacity expansion in the next 5-10 years is the driving force for the PI orientation agent market and the development of PI orientation agents. If the capacity expansion is not as expected, it will directly affect the replacement space of PI orientation agents.

The production of PI orientation agents depends on special polyimide raw materials, and the price of raw materials is greatly affected by the fluctuations of the global supply chain, especially the instability of chemical supply, which may increase the production cost of enterprises and reduce profitability.

The main application areas of PI orientation agents, such as TV panels, automotive screens and other electronic industries, are greatly affected by the global economic situation and the upgrade of panel generation lines. If the demand of downstream industries weakens or the technical route changes, it may lead to unstable market demand, which will directly affect the sales and capacity planning of PI orientation agents.

About QYResearch

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