According to a market report by Lucintel, the future of the global advanced materials for display technology market looks promising with opportunities in the laptop & LCD display and television markets. The global advanced materials for display technology market is expected to reach an estimated $233.6 billion by 2030 with a CAGR of 7% from 2024 to 2030.
The major drivers for this market are significantly growing demand for
advanced materials in the chemical sector, high demand for smart display
materials, and increasing adoption of OLED screens in smartphones, laptops and
television.
In this market, TN panel, VA panel, and IPS panel are the major segments
of advanced materials for display technology market by application type.
Lucintel forecasts that IPS panel is expected to witness highest growth
over the forecast period due to its low cost of production.
Within this market, television will remain the largest segment due to the
increasing volume of advanced materials used in TV screens to achieve precise
color reproduction and maximum brightness.
North America will remain the largest segment over the forecast period
due to the increasing demand for smart display technologies and growing
significant investment in R&D activities in the region.
Dupont, Merck, Xintek, Henkel, Toray Industries, Applied Materials, Nissan Chemical, Unidym, Sanritz, and Shijiazhuang Chengzhi Yonghua Display Materials are the major suppliers in the advanced materials for display technology market.
This unique 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 write us at helpdesk@lucintel.com.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal, ZACKS,
and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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