Press release
Worldwide Business Survey: Display Optical Film Market Size & Share, Growth, Trends and Forecast 2017 - 2025
The main objective of this report is to define, describe, and forecast the global “Display Optical Film” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.
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Display optical films are thin multilayered films coated on various substrates including glass, plastics, polymers, and metals. These films improve light transmissivity and reduce reflection. Commercial polymers can be selected to achieve the desired colors in optical display films. LCD display of IPad, laptops, and cell phones appears clear, bright, and crisp due to the usage of display optical films. These films also help reduce battery consumption, thereby allowing the use of devices for longer hours. 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.
Increasing popularity of electronic devices coupled with rising use of optically coated glass is expected to augment the market during the forecast period. Sales of LCD component material films have also risen for smartphones and tablet terminals, led by the increase in demand for large liquid crystal TV with high resolution. However, with technology advancements, LCD screens can be replaced with active matrix organic light-emitting diode (AMOLED) screens in TVs. This is expected to hamper the display optical film market.
Based on type, the display optical film market can be segmented into polarizer protection films, AR (anti-reflective) and AG (anti-glare) films, hard coated films, and Indium Tin Oxide (ITO) Films. Polarizer protection films are usually smooth in finish and also controls light coming from display. They are often used in conjunction with prism and reflector films.
Key applications of display optical films are TFT LCDs, including PVA, production films, COP, PSA, diffuser, reflector, light guide plate, micro lens films, BEF/DBEF, prism sheet, and multi-functional films.
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Introduction of advanced optical films technology involves the development of new materials and processing skills to highlight optical properties of displays and optoelectronic devices such as augmenting brightness, widening viewing angles, and lower reflection. Currently, commercial liquid crystal displays (LCDs) are fortified with various optical films including polarizing films for light shuttering, compensation films for wide viewing, low-reflection coating films, and brightness-enhancing films. Other display applications such as Organic light-emitting diodes (OLEDs) are also equipped with anti-reflection films in order to provide clear display images. Furthermore, optical films are used for solar cell devices, where anti-reflection films are used to increase light conversion efficiency.
In terms of geography, the global display optical film market can be classified into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific dominated the global market, led by China, in 2016. This can be ascribed to the increase in demand for LCD televisions, smartphones, tablet PCs, and laptops in the region. Expansion of local production facilities by manufacturers of flat panel display and related materials is expected to drive the market in China. Additionally, factors such as large population and developing economy are boosting the market for consumer electronic goods in Asia Pacific.
Prominent players manufacturing display optical films include Toray Industries, Inc., Toyobo Co., Ltd., Teijin Limited, and Mitsubishi Polyester Film GmbH.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
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The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
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Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market
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