Global Display Material Market

Display Material Market

 Display material is that type material which is used as display in mobile, smart phones, television and others. Various types of technology is preferred for display material namely such as LCD, OLED and others. Increased usage of OLED will affect the growth of display material.  According to article published by TechSpot, Inc, in 2018, Apple (U.S.) Company is expected to launch three distinct iPhone models which includes OLED screen. The size of this OLED screen phones is 6.5-inches diagonally.
Companies such as AGC provide product in glass substrates for displays which have thin-film-transistor (TFT) liquid crystal displays (LCD) and OLED (organic light emitting diodes). Glass substrate for display screens are used in televisions, computers, cars, mobile and others. It is easy to handle and operate.
Therefore, due to the increase use of OLED in smartphones, companies such as Apple (U.S.) are also focused to use  OLED technologyi will affect the growth of display material market in future.

Market Analysis: Global Display Material Market

The Global Display Material Market is expected to reach USD 36.59 Billion by 2025, from USD 27.56 Billion in 2017, growing at a CAGR of 3.2% during the forecast period of 2018 to 2025.
The upcoming market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Major Market Drivers and Restraints:
  • Increased adoption of OLED display technology in various applications
  • upgradation of new and existing display panel manufacturing plants in APAC
  • Increasing average screen size & resolution of LCD television or smart phones
  • Exclusivity and IP protection of emerging and advanced display materials

Market Segmentation: Global Display Material Market

  • The global display material market is segmented based on technology, component & material, panel type, application and geographical segments.
  • Based on technology, the market is segmented in LCD, OLED
  • Based on component & material, the market is segmented in substrate, polarizer, color filter, liquid crystals, BLU, emitter & organic layer, encapsulation.

Competitive Analysis: Global Display Material Market

The global display material market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of display material unit market for global, Europe, North America, Asia Pacific and South America.

Major Market Competitors/Players: Global Display Material Market

Samsung SDI (South Korea), LG Chem (South Korea), Sumitomo Chemical (Japan), Corning (US), Nitto Denko (Japan), Universal Display Corporation (US), Merck (Germany), Asahi Glass (Japan), Idemitsu Kosan (Japan), DowDuPont (US), Toray (Japan), DIC Corporation (Japan), Hodogaya Chemical (Japan), and JSR Corporation (Japan) ,Metalgrass software (Israel) IDTechEx Ltd(U.K.Merck KGaA, Darmstadt(Germany )among others.
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