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Opportunities for the global optical film market to reach $21.8 billion by 2023 -USD 75,039

Publish Date: 14-06-2018 13:43:26 | Contact name: Lucintel | Location: USA | Place: Lucintel, 8951 Cypress Waters Blvd., Suite 160, Dallas, TX 75019 | 1 times displayed |



According to
a new market report published by Lucintel, the future of the optical film
market looks attractive with opportunities in the markets of televisions,
monitors, notebooks, and mobile phones. The global optical film market is
expected to reach an estimated $21.8 billion by 2023 and is forecast to grow at
a CAGR of 5.7% from 2018 to 2023. The major
growth driver for this market are increasing demand for larger screen sized
televisions and mobile phones.



In this
market, polarizer, backlight unit, and ITO film are used in the display to control light transmission and enhance image quality.
Lucintel forecasts that polarizer film is expected to remain the largest
segment and it is also expected to witness the highest growth in the forecast
period supported by increasing demand for television, mobile, and notebook displays.



Within the
optical film market, television is expected to remain the largest end use
market due to the continuous growth in demand for larger display televisions and declining panel prices. The mobile phone segment is expected to
witness the highest growth in the forecast period supported by increasing
demand for the bezel-less organic light-emitting diode (OLED) display and
larger screen smartphones.



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.
Economic expansion, growth in per capita income, urbanization, and increase in
living standards across the region,
particularly in India and China, are leading the demand for televisions,
mobile phones, monitors, and other electronics.



Emerging trends, which have a direct impact
on the dynamics of the industry, include the development
of ultra-thin polarizers and the development
of blue light high transmission polarizers. Nitto Denko, Sumitomo, LG Chem,
Fujifilm, and Mntech are among the major suppliers of optical film.



Lucintel, a
leading global strategic consulting and market
research firm, has analyzed growth opportunities in the global optical film
market by product, application, and region. Lucintel has prepared a
comprehensive research report entitled
Growth
Opportunities in the Global Optical Film Market 2018-2023: Trends, Forecast,
and Opportunity Analysis
.” The
Lucintel report serves as a catalyst for
growth strategy as it provides a comprehensive data and analysis on trends, key
drivers, and directions. The study includes a forecast for the global optical
film market by product, application, and region
as follows:



By Product Type [Volume
(M Sqm) and $M shipment analysis for 2012 – 2023]:



·
Polarizers Film



·
Backlight Units (BLU) Film




Diffuser Film




Reflector Film




Normal Prism Film




Micro Lens Film




Reflective Polarizer Film




Multi-Functional Prism Film



·
Indium Tin Oxide (ITO) Film



By End Use Market [Volume (Kilotons) and $M shipment
analysis for 2012 – 2023]:



·
Televisions



·
Monitors



·
Notebooks



·
Mobile Phones



·
Others



By Region [Volume (Kilotons) and $M shipment
analysis for 2012 – 2023]:



·
North America




US




Canada




Mexico



·
Europe




Germany




Italy




France



·
Asia Pacific




China




Japan



·
The Rest of the World



This
203-page research report will enable you to make confident business decisions
in this globally competitive marketplace. For a detailed table of contents,
contact Lucintel at +1-972-636-5056 or helpdesk@lucintel.com. Lucintel offerings include Chemical Market Research Reports, Chemical Industry Analysis Report, Opportunity Screening and Analysis, Strategic Growth Consulting and Capital Investment Analysis.





About
Lucintel



Lucintel,
the premier global management consulting and market research firm, creates winning strategies for growth. It
offers market assessments, competitive analysis, opportunity analysis, growth
consulting, M&A, and due diligence services to executives and key
decision-makers in a variety of industries. For further information, visit
www.lucintel.com.



This
report answers following 11 key questions:





Q.1 What are some of the most promising
potential, high-growth opportunities for the global optical film market by
product (polarizer film, BLU film, and ITO film), end use (television, monitor,
notebook, mobile phone, and others), and region (North America, Europe, Asia
Pacific, and the Rest of the World)?



Q. 2 Which segments will grow at a faster pace
and why?



Q.3 Which regions will grow at a faster pace
and why?



Q.4 What are the key factors affecting market
dynamics? What are the drivers and challenges of the market?



Q.5 What are the business risks and threats to
the market?



Q.6 What are emerging trends in this market
and the reasons behind them?



Q.7 What are the changing demands of customers
in the market?



Q.8 What are the new developments in the
market? Which companies are leading these developments?



Q.9 Who are the major players in this market?
What strategic initiatives are being implemented by key players for business
growth?



Q.10 What are some of the competitive products
and processes in this area and how big of a threat do they pose for loss of
market share via material or product substitution?



Q.11 What M & A activities have taken
place in the last 5 years in this market?







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