According to a new market report published by Lucintel, the future of the polarizer film market looks attractive with opportunities in the television, monitor, notebook, and cell phone markets. The polarizer film market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach an estimated $17.1 billion by 2025 with a CAGR of 4% to 6% from 2020 to 2025. The major growth drivers for this market are increasing demand for mobile phone and television displays, increasing demand for larger panel size, increasing penetration of quantum dot displays (QD-LED) for better visibility, and growth in demand for high quality organic light-emitting diode (OLED) displays in smartphones.
Browse 73 market data tables and 95 figures spread through 200 pages and in-depth TOC on “Polarizer Film Market"
To download report brochure, please go to https://www.lucintel.com/polarizer-film-market.aspx and click "report brochure" tab from the menu.
In this market, polarizer films are used in thin film transistor (TFT), super twisted nematic (STN), and twisted nematic (TN) display technologies. Lucintel forecasts that TFT film will remain the largest market and witness the highest growth in the forecast period due to its attractive properties of delivering better resolution, energy efficiency, and low price.
Within the polarizer film market, television segment is expected to remain the largest end use market due to the increasing demand for LED display and growth in larger display size. The mobile phone segment is expected to witness the highest growth in the forecast period supported by increasing demand for smartphones in China, India, and other developing regions.
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 because of significant growth in the demand for larger screen televisions and increasing demand for smartphones in India and China.
Emerging trends, which have a direct impact on the dynamics of the industry, include development of ultra-thin polarizer film and the development of blue light high transmission polarizer film. Nitto Denko, Sumitomo, Chem, LG Chem, Fujifilm, and Mntech are among the major suppliers of polarizer film.
Lucintel, a leading global strategic consulting and market research firm, has analyzed the polarizer film market by technology, end use, and region. Lucintel has prepared a comprehensive research report entitled “Growth Opportunities in the Polarizer Film Market 2020-2025: 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 polarizer film market by technology, application, and region as follows:
By Technology [Volume (M Sqm) and $M shipment analysis for 2014 – 2025]:
Super Twisted Nematic (STN)
Thin Film Transistor (TFT)
Twisted Nematic (TN)
By End Use Market [Volume (M Sqm) and $M shipment analysis for 2014 – 2025]:
Televisions
Monitors
Notebooks
Mobile Phones
Others
By Region [Volume (M Sqm) and $M shipment analysis for 2014 – 2025]:
North America
Europe
Asia Pacific
China
Japan
Taiwan
South Korea
The Rest of the World
This 200-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 click on this link https://www.lucintel.com/polarizer-film-market.aspx or helpdesk@lucintel.com.
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