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LCD Display Polarizers, Global Market Size Forecast, Top 10 Players Rank and Market Share | |
Polarizer is an optical component that converts natural light that generally does not have polarization into polarized light. Its function is to control the polarization direction of the light beam. In liquid crystal displays, polarizers mainly play the role of optical switches, responsible for converting scattered light emitted by the light source into polarized light. Coupled with the torsional characteristics of liquid crystal molecules, they can control whether light passes through, thereby controlling light transmittance and The range of viewing angles creates light and dark displays. According to the new market research report “Global LCD Display Polarizers Market Report 2023-2029”, published by QYResearch, the global LCD Display Polarizers market size is projected to reach USD 11.85 billion by 2029, at a CAGR of 3.8% during the forecast period. The global key manufacturers of LCD Display Polarizers include Sumitomo Chemical, Nitto Denko, LG Chem (SHANJIN OPTOELECTRONICS), SAMSUNG SDI, Hengmei Optoelectronic, BenQ Materials(BQM), Shenzhen Sapo Photoelectric, Shenzhen Sunnypol Optoelectronics, CMMT, Optimax, etc. In 2022, the global top five players had a share approximately 74.0% in terms of revenue. Market Drivers: Polarizer is a key raw material required for the production of downstream LCD panels. Its supply and demand are closely related to the development of the downstream LCD panel industry. LCD panels are mainly used in consumer electronics such as LCD TVs, mobile phones, and computers, as well as industrial control instruments and vehicle-mounted displays. screens and other products. As the frequency of upgrading of various new downstream products increases, the strong demand for downstream terminal products drives the demand for panels to continue to rise. Restraint: The polarizer industry is technology-intensive and capital-intensive, and its profit level is at a high level in the LCD industry chain, about 40%. In recent years, due to the rapid expansion of domestic LCD panel production capacity and the commissioning of few new polarizer production lines, the domestic polarizer market supply has been tight. Therefore, the profit level of polarizers is unlikely to drop significantly in the short term. However, as competition in the LCD panel industry intensifies, its need to reduce costs will squeeze out the profits of upstream raw material suppliers. At the same time, overseas polarizer companies have come to build factories in China, which has also caused the industry's profit levels to gradually decline. The upstream products of the polarizer industry are mainly optical materials, and their production technology is mainly concentrated in Japanese and Korean companies. At present, the procurement of main raw materials required for polarizer production relies on imports from manufacturing companies such as Japan, Germany, and Taiwan, China. Domestic companies in China are not yet complete. Have the ability to supply on a large scale. Changes in the exchange rates of foreign currencies such as the US dollar and Japanese yen, as well as changes in the foreign trade environment, have a greater impact on the profitability of domestic polarizer companies. Opportunity: Industrial policies support the rapid development of the industry The production capacity of the domestic downstream LCD panel industry continues to expand, and the demand for polarizers maintains rapid growth For more information, please contact the following e-mail address: Email: global@qyresearch.com Website: https://www.qyresearch.com QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 16 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.  | |
| Target Nation: All Nations Target City : All Cities Last Update : 15 April 2024 3:43 AM Number of Views: 10 | Item Owner : Joyce Contact Email: Contact Phone: 13051817187 |
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2024-04-19 (0.332 sec)