The global optical film market size was US$ 20.6 billion in 2021. The global optical film market size is forecast to reach US$ 40.4 billion by 2030, growing at a compound annual growth rate (CAGR) of 7.6% during the forecast period from 2022 to 2030.
Optical films are thin films or coatings that help to improve the reflection, polarisation, and transmission of optical systems, including projection screens, mirrors, reflecting prisms, fiber-optic bundles, dispersing devices, etc. In terms of materials, refractive index, and thickness, optical films come in many shapes and sizes. Furthermore, the three most popular types of optical films are polarising film, backlight module, and ITO films. TFTs (thin-film transistors), LCD (liquid crystal display) panels, and OLED (organic light-emitting diode) panels are only a few of the applications for optical films. Optical films can also find in desktop monitors and laptops, cellphones and tablets, televisions, and other large displays.
Factors Influencing Market Growth
Impact Analysis of COVID-19
COVID-19 pandemic negatively affected the global optical film market. Several governments globally imposed a lockdown in order to curb the spread of the deadly virus. This led to the closure of various businesses owing to a lack of labor and supply chain disruption. In addition, the decline in demand from the end-users has impacted the sales of optical films.
Regional Analysis
The Asia Pacific garnered the major market share in 2021 and is forecast to remain dominant during the forecast period. As a result of the rising production of optical films in China and Japan and a wide consumer base. In addition, the growing adoption of optical films by electronics manufacturers in countries like India and China, owing to the increasing sale of electronics. Thus, these factors are likely to fuel the market growth in the region.
Leading Competitors
The leading prominent companies profiled in the global optical films market are:
Scope of the Report
The global optical films market segmentation focuses on Type, Application, and Region.
Segmentation based on Type
Segmentation based on Application
Segmentation based on Region
[TABLE OF CONTENTS]
1 INTRODUCTION OF GLOBAL OPTICAL FILM MARKET
1.1 OVERVIEW OF THE MARKET
1.2 SCOPE OF REPORT
1.3 ASSUMPTIONS
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY
3.1 DATA MINING
3.2 VALIDATION
3.3 PRIMARY INTERVIEWS
3.4 LIST OF DATA SOURCES
4 GLOBAL OPTICAL FILM MARKET OUTLOOK
4.1 OVERVIEW
4.2 MARKET DYNAMICS
4.2.1 DRIVERS
4.2.2 RESTRAINTS
4.2.3 OPPORTUNITIES
4.3 PORTERS FIVE FORCE MODEL
4.4 VALUE CHAIN ANALYSIS
5 GLOBAL OPTICAL FILM MARKET, BY TYPE
5.1 OVERVIEW
5.2 POLARIZER FILM
5.3 BACKLIGHT UNIT
5.4 INDIUM TIN OXIDE
6 GLOBAL OPTICAL FILM MARKET, BY APPLICATION
6.1 OVERVIEW
6.2 TELEVISION (TV)
6.3 TABLETS AND SMARTPHONES
6.4 DESKTOP MONITORS AND LAPTOPS
6.5 CONTROL DISPLAY PANEL
6.6 OTHERS
7 GLOBAL OPTICAL FILM MARKET, BY GEOGRAPHY
7.1 OVERVIEW
7.2 NORTH AMERICA
7.2.1 NORTH AMERICA MARKET SNAPSHOT
7.2.2 U.S.
7.2.3 CANADA
7.2.4 MEXICO
7.3 EUROPE
7.3.1 EUROPE MARKET SNAPSHOT
7.3.2 WESTERN EUROPE
7.3.2.1 THE UK
7.3.2.2 GERMANY
7.3.2.3 FRANCE
7.3.2.4 ITALY
7.3.2.5 SPAIN
7.3.2.6 REST OF WESTERN EUROPE
7.3.3 EASTERN EUROPE
7.3.3. 1 POLAND
7.3.3.2 RUSSIA
7.3.3.3 REST OF EASTERN EUROPE
7.4 ASIA PACIFIC
7.4.1 ASIA PACIFIC MARKET SNAPSHOT
7.4.2 CHINA
7.4.3 JAPAN
7.4.4 INDIA
7.4.5 AUSTRALIA & NEW ZEALAND
7.4.6 ASEAN
7.4.7 REST OF ASIA PACIFIC
7.5 MIDDLE EAST & AFRICA
7.5.1 MIDDLE EAST & AFRICA MARKET SNAPSHOT
7.5.2 UAE
7.5.3 SAUDI ARABIA
7.5.4 SOUTH AFRICA
7.5.5 REST OF MEA
7.6 SOUTH AMERICA
7.6.1 SOUTH AMERICA MARKET SNAPSHOT
7.6.2 BRAZIL
7.6.3 ARGENTINA
7.6.4 REST OF SOUTH AMERICA
8 GLOBAL OPTICAL FILM MARKET COMPETITIVE LANDSCAPE
8.1 OVERVIEW
8.2 COMPANY MARKET RANKING
8.3 KEY DEVELOPMENT STRATEGIES
9 COMPANY PROFILES
9.1 TORAY INDUSTRIES, INCORPORATED
9.1.1 OVERVIEW
9.1.2 FINANCIAL PERFORMANCE
9.1.3 PRODUCT OUTLOOK
9.1.4 KEY DEVELOPMENTS
9.2 LG CHEM LIMITED
9.2.1 OVERVIEW
9.2.2 FINANCIAL PERFORMANCE
9.2.3 PRODUCT OUTLOOK
9.2.4 KEY DEVELOPMENTS
9.3 HYOSUNG CHEMICAL
9.3.1 OVERVIEW
9.3.2 FINANCIAL PERFORMANCE
9.3.3 PRODUCT OUTLOOK
9.3.4 KEY DEVELOPMENTS
9.4 SUMITOMO CHEMICAL CO., LIMITED
9.4.1 OVERVIEW
9.4.2 FINANCIAL PERFORMANCE
9.4.3 PRODUCT OUTLOOK
9.4.4 KEY DEVELOPMENTS
9.5 ZEON CORPORATION
9.5.1 OVERVIEW
9.5.2 FINANCIAL PERFORMANCE
9.5.3 PRODUCT OUTLOOK
9.5.4 KEY DEVELOPMENTS
9.6 PRONAT INDUSTRIES LIMITED
9.6.1 OVERVIEW
9.6.2 FINANCIAL PERFORMANCE
9.6.3 PRODUCT OUTLOOK
9.6.4 KEY DEVELOPMENTS
9.7 THE 3M COMPANY
9.7.1 OVERVIEW
9.7.2 FINANCIAL PERFORMANCE
9.7.3 PRODUCT OUTLOOK
9.7.4 KEY DEVELOPMENTS
9.8 POLYMERPLUS LLC
9.8.1 OVERVIEW
9.8.2 FINANCIAL PERFORMANCE
9.8.3 PRODUCT OUTLOOK
9.8.4 KEY DEVELOPMENTS
9.9 MITSUBISHI POLYESTER FILM
9.9.1 OVERVIEW
9.9.2 FINANCIAL PERFORMANCE
9.9.3 PRODUCT OUTLOOK
9.9.4 KEY DEVELOPMENTS
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