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Tuesday, November 28, 2023

Global Display Dielectric Material Market is Anticipated to Grow at a CAGR of 6.5% during 2024 to 2030

The future of the global display dielectric material market looks promising with opportunities in the transparent, conventional, 3D display, and flexible display markets. The global display dielectric material market is expected to reach an estimated $2.8 billion by 2030 with a CAGR of 6.5% from 2024 to 2030. The major drivers for this market are growing consumer desire for superior screens and developments in display technology, rising demand for LCD and OLED displays, and rapid growth of consumer electronics.

Some of the key questions answered in this exclusive report are:

Q.1. What are some of the most promising, high-growth opportunities for the display dielectric material market by technology (LCD, LED, OLED, TFT-LCD, and others), application (transparent, conventional, 3D, and flexible display), 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 region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

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

Q.7. What are some of 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 key players pursuing for business growth?

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

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

Market Segmentation:

In this market, LCD, LED, OLED, and TFT-LCD are the major segments of display dielectric material market by technology.

Lucintel forecasts that led will remain the largest segment over the forecast period because of growing need for energy-efficient and high-quality displays in a variety of applications, as well as, various benefits offered by led displays including high brightness, vibrant colors, and low power consumption.

Within this market, conventional will remain the largest segment because of reduced price, better pictures, compatibility, and extended life, as well as, the conventional displays employ dielectric materials to shield them from dust and moisture among other environmental factors.

APAC is expected to witness highest growth over the forecast period because of rising laptop and smartphone sales in nations including south korea, china, japan, and india, increased adoption of high-quality displays, as well as, rising internet connectivity.

Corning Incorporated, Nippon Chemical Industrial, Dongjin Semichem, Merck KGaA, Sakai Chemical Industry, Nitto Denko Corporation, Dupont, LG Chem, ENF Technology, and Samsung SDI are the major suppliers in the display dielectric material market.

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.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. 972.636.5056

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