Optical Film Market by Film Type (Polarizing Film, Backlight Unit Film, ITO Film), Application (Television, Desktop Monitors & Laptops, Smartphones & Tablets, Signage/Large Format display, Automotive Display), Region-Global Forecast to 2024

Optical Film Market by Film Type (Polarizing Film, Backlight Unit Film, ITO Film), Application (Television, Desktop Monitors & Laptops, Smartphones & Tablets, Signage/Large Format display, Automotive Display), Region-Global Forecast to 2024

The optical film market is projected to register a CAGR of 7.0%, in terms of value, during the forecast period.
The optical film market is projected to reach USD 30.2 billion by 2024, at a CAGR of 7.0% between 2019 and 2024. The major drivers stimulating the optical film market are an increase in demand for large LCD and OLED display panels from the televisions and smartphones segments. However, exclusivity and IP protection of emerging and advanced display materials are hindering the growth of the market.

The smartphones & tablets application is the fastest-growing segment, in terms of value, of the optical film market.
The smartphones & tablets application constitutes a major share of the optical film market, by value and volume. The smartphones industry has witnessed continuous advancements in the past years, which is responsible for the growing penetration of smartphones and tablets, globally. Smartphones & tablets use small display panels, which includes LCD and OLED panels. Optical film is majorly used as a polarizer film in both panels. The average screen size of the smartphone has increased since the past few years, and this trend is expected to continue in the future, which will have a positive impact on the optical film market.

“APAC is the fastest-growing optical film market.”
APAC is expected to be the fastest-growing optical film market during the next five years. The main factor that is expected to contribute to this growth is the presence of a large number of prominent optical film manufacturers such as LG Chem, Ltd., Hyosung Chemical, Toray Industries Inc., Sumitomo Chemical Co., Ltd, and Zeon Corporation. The growing demand from the consumer electronics industry is expected to increase the demand for optical film in the region during the forecast period. The huge number of large display manufacturers is driving the demand for optical film in the televisions application in this region.

This study has been validated through primaries conducted with various industry experts, globally. These primary sources have been divided into the following three categories:
By Company Type- Tier 1- 35%, Tier 2- 25%, and Tier 3- 40%
By Designation- C Level- 35%, Director Level- 30%, and Others- 35%
By Region- North America - 25%, Europe - 30%, APAC - 30%, Latin America -5%, and MEA - 10%

The report provides a comprehensive analysis of company profiles listed below:
LG Chem, Ltd. (South Korea)
Hyosung Chemical (South Korea)
Toray Industries Inc. (Japan)
Sumitomo Chemical Co., Ltd. (Japan)
3M (US)
Zeon Corporation (Japan)
Kolon Industries Inc. (South Korea)
Sanritz Co., Ltd. (Japan)
Nitto Denko Corporation (Japan)
Samsung SDI (Japan)

Research Coverage
The market study covers the optical film market across segments. It aims at estimating the market size and the growth potential of this market, across different segments, such as film type, application, and region. The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.

Key Benefits of Buying the Report:
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall optical film market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKET SCOPE
    • REGIONS COVERED
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • UNIT CONSIDERED
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • MARKET BREAKDOWN AND DATA TRIANGULATION
    • ASSUMPTIONS
  • EXECUTIVE SUMMARY
    • Table OPTICAL FILM MARKET SIZE, 2017–2024
  • PREMIUM INSIGHTS
    • ATTRACTIVE OPPORTUNITIES IN THE OPTICAL FILM MARKET
    • OPTICAL FILM MARKET, BY FILM TYPE
    • OPTICAL FILM MARKET SIZE, BY APPLICATION
    • OPTICAL FILM MARKET, BY APPLICATION AND COUNTRY
    • OPTICAL FILM MARKET: MAJOR COUNTRIES
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
    • PORTER'S FIVE FORCES ANALYSIS
      • THREAT OF SUBSTITUTES
      • BARGAINING POWER OF SUPPLIERS
      • BARGAINING POWER OF BUYERS
      • THREAT OF NEW ENTRANTS
      • INTENSITY OF RIVALRY
  • OPTICAL FILM MARKET, BY FILM TYPE
    • INTRODUCTION
      • Table OPTICAL FILM MARKET SIZE, BY FILM TYPE, 2017–2024 (MSQM)
      • Table OPTICAL FILM MARKET SIZE, BY FILM TYPE, 2017–2024 (USD MILLION)
    • POLARIZING FILM
      • POLARIZING FILM IS EXPECTED TO HAVE HIGH DEMAND FROM OLED SMARTPHONE DISPLAYS
        • Table POLARIZING FILM MARKET SIZE, BY REGION, 2017–2024 (MSQM)
        • Table POLARIZING FILM MARKET SIZE, BY REGION, 2017–2024 (USD MILLION)
    • BACKLIGHT UNIT FILM (BLU)
      • BACKLIGHT UNIT FILM IS EXPECTED TO HAVE HIGH DEMAND FROM LARGE LCD TELEVISIONS
        • Table BACKLIGHT UNIT FILM MARKET SIZE, BY REGION, 2017–2024 (MSQM)
        • Table BACKLIGHT UNIT FILM MARKET SIZE, BY REGION, 2017–2024 (USD MILLION)
    • ITO FILM
      • GROWING DEMAND FOR TOUCH PANEL-BASED DISPLAYS IS DRIVING THE DEMAND FOR ITO FILM
        • Table ITO FILM MARKET SIZE, BY REGION, 2017–2024 (MSQM)
        • Table ITO FILM MARKET SIZE, BY REGION, 2017–2024 (USD MILLION)
  • OPTICAL FILM MARKET, BY APPLICATION
    • INTRODUCTION
      • Table OPTICAL FILM MARKET SIZE, BY APPLICATION, 2017–2024 (MSQM)
      • Table OPTICAL FILM MARKET SIZE, BY APPLICATION, 2017–2024 (USD MILLION)
    • TELEVISION
      • 10.5 GENERATION TELEVISION DISPLAY PANEL PRODUCTION LINES IS DRIVING THE DEMAND FOR OPTICAL FILMS
        • Table OPTICAL FILM MARKET SIZE IN TELEVISION, BY REGION, 2017–2024 (MSQM)
        • Table OPTICAL FILM MARKET SIZE IN TELEVISION, BY REGION, 2017–2024, (USD MILLION)
    • DESKTOP MONITORS & LAPTOPS
      • APAC IS THE LARGEST OPTICAL FILM MARKET IN DESKTOP MONITOR & LAPTOP APPLICATION
        • Table OPTICAL FILM MARKET SIZE IN DESKTOP MONITOR & LAPTOP, BY REGION, 2017–2024 (MSQM)
        • Table OPTICAL FILM MARKET SIZE IN DESKTOP MONITOR & LAPTOP, BY REGION, 2017–2024, (USD MILLION)
    • SMARTPHONES & TABLETS
      • HIGH DEMAND FROM CHINA AND INDIA IS DRIVING THE CONSUMPTION OF OPTICAL FILM IN THE SMARTPHONE & TABLET APPLICATION
        • Table OPTICAL FILM MARKET SIZE IN SMARTPHONE & TABLET, BY REGION, 2017–2024 (MSQM)
        • Table OPTICAL FILM MARKET SIZE IN SMARTPHONE & TABLET, BY REGION, 2017–2024, (USD MILLION)
    • SIGNAGE/LARGE FORMAT DISPLAY
      • HIGH DEMAND FROM RETAIL, HOSPITALITY, AND ENTERTAINMENT INDUSTRIES IS DRIVING THE DEMAND FOR OPTICAL FILM
        • Table OPTICAL FILM MARKET SIZE IN SIGNAGE & LARGE FORMAT DISPLAY, BY REGION, 2017–2024 (MSQM)
        • Table OPTICAL FILM MARKET SIZE IN SIGNAGE & LARGE FORMAT DISPLAY, BY REGION, 2017–2024, (USD MILLION)
    • AUTOMOTIVE DISPLAY
      • INCREASING ADOPTION OF DISPLAYS IN CARS IS DRIVING THE DEMAND OF OPTICAL FILMS IN AUTOMOTIVE DISPLAYS
        • Table OPTICAL FILM MARKET SIZE IN AUTOMOTIVE DISPLAY, BY REGION, 2017–2024 (MSQM)
        • Table OPTICAL FILM MARKET SIZE IN AUTOMOTIVE DISPLAY, BY REGION, 2017–2024, (USD MILLION)
    • OTHERS
      • Table OPTICAL FILM MARKET SIZE IN OTHER APPLICATIONS, BY REGION, 2017–2024 (MSQM)
      • Table OPTICAL FILM MARKET SIZE IN OTHER APPLICATIONS, BY REGION, 2017–2024, (USD MILLION)
  • OPTICAL FILM MARKET, BY REGION
    • INTRODUCTION
    • APAC
      • Table APAC: OPTICAL FILM MARKET SIZE, BY FILM TYPE, 2017–2024 (MSQM)
      • Table APAC: OPTICAL FILM MARKET SIZE, BY FILM TYPE, 2017–2024 (USD MILLION)
      • Table APAC: OPTICAL FILM MARKET SIZE, BY APPLICATION, 2017–2024 (MSQM)
      • Table APAC: OPTICAL FILM MARKET SIZE, BY APPLICATION, 2017–2024 (USD MILLION)
      • Table APAC: OPTICAL FILM MARKET SIZE, BY COUNTRY, 2017–2024 (MSQM)
      • Table APAC: OPTICAL FILM MARKET SIZE, BY COUNTRY, 2017–2024 (USD MILLION)
      • Table SOUTH KOREA: OPTICAL FILM MARKET SIZE, COUNTRY, BY APPLICATION, 2017–2024 (MSQM)
      • Table SOUTH KOREA: OPTICAL FILM MARKET SIZE, COUNTRY, BY APPLICATION, 2017–2024 (USD MILLION)
      • SOUTH KOREA
      • CHINA
      • JAPAN
      • TAIWAN
    • NORTH AMERICA
      • Table NORTH AMERICA: OPTICAL FILM MARKET SIZE, BY FILM TYPE, 2017–2024 (MSQM)
      • Table NORTH AMERICA: OPTICAL FILM MARKET SIZE, BY FILM TYPE, 2017–2024 (USD MILLION)
      • Table NORTH AMERICA: OPTICAL FILM MARKET SIZE, BY APPLICATION, 2017–2024 (MSQM)
      • Table NORTH AMERICA: OPTICAL FILM MARKET SIZE, BY APPLICATION, 2017–2024 (USD MILLION)
      • Table NORTH AMERICA: OPTICAL FILM MARKET SIZE, BY COUNTRY, 2017–2024 (MSQM)
      • Table NORTH AMERICA: OPTICAL FILM MARKET SIZE, BY COUNTRY, 2017–2024 (USD MILLION)
      • Table US: OPTICAL FILM MARKET SIZE, COUNTRY, BY APPLICATION, 2017–2024 (MSQM)
      • Table US.: OPTICAL FILM MARKET SIZE, COUNTRY, BY APPLICATION, 2017–2024 (USD MILLION)
      • US
      • CANADA
    • EUROPE
      • Table EUROPE: OPTICAL FILM MARKET SIZE, BY FILM TYPE, 2017–2024 (MSQM)
      • Table EUROPE: OPTICAL FILM MARKET SIZE, BY FILM TYPE, 2017–2024 (USD MILLION)
      • Table EUROPE: OPTICAL FILM MARKET SIZE, BY APPLICATION, 2017–2024 (MSQM)
      • Table EUROPE: OPTICAL FILM MARKET SIZE, BY APPLICATION, 2017–2024 (USD MILLION)
      • Table EUROPE: OPTICAL FILM MARKET SIZE, BY COUNTRY, 2016–2023 (MSQM)
      • Table EUROPE: OPTICAL FILM MARKET SIZE, BY COUNTRY, 2016–2023 (USD MILLION)
      • Table UK: OPTICAL FILM MARKET SIZE, BY APPLICATION, 2017–2024 (MSQM)
      • Table UK: OPTICAL FILM MARKET SIZE, BY APPLICATION, 2017–2024 (USD MILLION)
      • UK
      • GERMANY
      • FRANCE
    • LATIN AMERICA
      • Table LATIN AMERICA: OPTICAL FILM MARKET SIZE, BY FILM TYPE, 2017–2024 (MSQM)
      • Table LATIN AMERICA: OPTICAL FILM MARKET SIZE, BY FILM TYPE, 2017–2024 (USD MILLION)
      • Table LATIN AMERICA: OPTICAL FILM MARKET SIZE, BY APPLICATION, 2017–2024 (MSQM)
      • Table LATIN AMERICA: OPTICAL FILM MARKET SIZE, BY APPLICATION, 2017–2024 (USD MILLION)
      • Table LATIN AMERICA: OPTICAL FILM MARKET SIZE, BY COUNTRY, 2017–2024 (MSQM)
      • Table LATIN AMERICA: OPTICAL FILM MARKET SIZE, BY COUNTRY, 2017–2024 (USD MILLION)
      • BRAZIL
      • MEXICO
      • REST OF LATIN AMERICA
    • MEA
      • Table MEA: OPTICAL FILM MARKET SIZE, BY FILM TYPE, 2017–2024 (MSQM)
      • Table MEA: OPTICAL FILM MARKET SIZE, BY FILM TYPE, 2017–2024 (USD MILLION)
      • Table MEA: OPTICAL FILM MARKET SIZE, BY APPLICATION, 2017–2024 (MSQM)
      • Table MEA: OPTICAL FILM MARKET SIZE, BY APPLICATION, 2017–2024 (USD MILLION)
      • Table MEA: OPTICAL FILM MARKET SIZE, BY COUNTRY, 2017–2024 (MSQM)
      • Table MEA: OPTICAL FILM MARKET SIZE, BY COUNTRY, 2017–2024 (USD MILLION)
      • SOUTH AFRICA
      • SAUDI ARABIA
      • REST OF MEA
  • COMPETITIVE LANDSCAPE
    • INTRODUCTION
      • NEW PRODUCT DEVELOPMENTS
        • Table NEW PRODUCT DEVELOPMENTS, 2014–2018
      • EXPANSIONS
        • Table EXPANSIONS, 2014–2018
    • MARKET RANKING
      • Table MARKET RANKING OF KEY PLAYERS, 2018
    • COMPETITIVE LEADERSHIP MAPPING, 2018
      • INTRODUCTION
      • VISIONARY LEADERS
      • DYNAMIC DIFFERENTIATORS
      • EMERGING COMPANIES
      • INNOVATORS
    • COMPETITIVE BENCHMARKING
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
  • COMPANY PROFILES
    • LG CHEM, LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • HYOSUNG CHEMICAL
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • SWOT ANALYSIS
      • MNM VIEW
    • TORAY INDUSTRIES INC
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • SWOT ANALYSIS
      • MNM VIEW
    • SUMITOMO CHEMICAL CO., LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • 3M
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • SWOT ANALYSIS
      • MNM VIEW
    • ZEON CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • KOLON INDUSTRIES, INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
    • SANRITZ CO., LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
    • NITTO DENKO CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
    • SAMSUNG SDI
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • OTHER COMPANIES
      • MITSUBISHI CHEMICAL CORPORATION
      • DEXERIALS CORPORATION
      • BENQ MATERIALS CORPORATION
      • SKC INC.
      • POLATECHNO CO., LTD.
      • SUNTECHOPT CORPORATION
      • CHENG MEI MATERIALS TECHNOLOGY CORP.
      • SHENZHEN SHENG WAVE OPTOELECTRONIC TECHNOLOGY CO., LTD. (SAPO)
      • TEIJIN LIMITED
      • TOYOBO CO. LTD.
  • APPENDIX
    • INSIGHTS FROM INDUSTRY EXPERTS
      • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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