Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Black Matrix (BM) Market by Type (Standard Type, High Resistant Type), By Application (TFT-LCD, Touch Screen Panel) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Black Matrix (BM) Market by Type (Standard Type, High Resistant Type), By Application (TFT-LCD, Touch Screen Panel) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 455716 4200 Chemical & Material 377 223 Pages 4.7 (32)

Market Overview:

The global black matrix market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The high resistant type segment is expected to grow at a higher CAGR than the standard type segment during the forecast period. The touch screen panel application segment is expected to grow at a higher CAGR than the TFT-LCD application segment during the forecast period. North America is estimated to be the largest market for black matrix in 2018, followed by Europe and Asia Pacific.

Global Black Matrix (BM) Industry Outlook

Product Definition:

A black matrix (BM) is a thin, flexible, opaque sheet of carbon or graphite that is used as an electrode in electrochemical cells and batteries. The BM provides an electrical connection between the cell's positive and negative terminals and helps to distribute the current evenly across the cell's surface.

Standard Type:

The global standard type market is expected to grow at a CAGR of XX% from 2017 to 2024. The growth can be attributed to the increasing demand for high-quality printing and imaging solutions across various applications such as packaging, magazines, newspapers, books and catalogs.

The emergence of digitalization has led to an increase in the usage rate of standard typefaces worldwide.

High Resistant Type:

High resistant type is a new term in the industry and it has been used for the first time in 2015. It is also known as HR or HRP material. This type of plastic has three times more impact strength than standard PP and five times more impact strength than standard PVC. Due to this property, it can be used to produce lightweight but strong packaging solutions such as bottles & jars without any damage due to heavy load carrying capacity.

Application Insights:

The global black matrix market is segmented based on application into TFT-LCD, touch screen panel and others. The TFT-LCD accounted for the largest share in 2017 owing to its extensive usage in various electronic products such as television sets, digital cameras and computers. It is also used in mobile phones and other portable devices. The growing demand for high technology products along with a rise in disposable income among consumers from developing countries such as India, China South Korea Vietnam Indonesia etcetera will drive the product demand over the forecast period.

The touch screen panel segment will witness significant growth over the forecast period due to its rising use across smartphones, tablets and smartwatches which are being manufactured by several companies including Apple Inc., SAMSUNG Electronics Co., Ltd., Huawei Technologies Co., Ltd.

Regional Analysis:

The market in the Asia Pacific region is expected to grow at a significant rate over the forecast period owing to increasing demand for high-quality products from various end-use industries. The rising adoption of BM in industrial, medical and automotive applications is also anticipated to drive regional growth. Increasing production of electric vehicles in China and other Asian countries on account of growing government initiatives such as “Make in India” and “Make in China 2025” are expected to further propel product demand over the coming years.

North America accounted for more than 25% share of global revenue, owing to high product penetration across several sectors including consumer electronics, automotive touch screens and TFT-LCDs used for instrument panels or display monitors among others. Rising preference towardsBMfor use inthe aerospace industry due its excellent electrical characteristicsis also likely tobecome an important trend witnessed by this region during the forecast period.

Growth Factors:

  • Increasing demand from the automotive and electronics industries for Black Matrix products due to their superior performance characteristics.
  • Growing popularity of Black Matrix products in the medical device and aerospace industries due to their lightweight, corrosion-resistant properties.
  • BM's expanding global footprint, with new production facilities and sales offices opening in key markets around the world.
  • The increasing use of Black Matrix composites in high-performance applications such as wind turbines and sporting goods equipment.

Scope Of The Report

Report Attributes

Report Details

Report Title

Black Matrix (BM) Market Research Report

By Type

Standard Type, High Resistant Type

By Application

TFT-LCD, Touch Screen Panel

By Companies

TOK, Mitsubishi Chemical, Samyang, Daxin Materials, Nippon Electric Glass, eCham

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global Black Matrix (BM) Market Report Segments:

The global Black Matrix (BM) market is segmented on the basis of:


Standard Type, High Resistant Type

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.


TFT-LCD, Touch Screen Panel

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. TOK
  2. Mitsubishi Chemical
  3. Samyang
  4. Daxin Materials
  5. Nippon Electric Glass
  6. eCham

Global Black Matrix (BM) Market Overview

Highlights of The Black Matrix (BM) Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Standard Type
    2. High Resistant Type
  1. By Application:

    1. TFT-LCD
    2. Touch Screen Panel
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Black Matrix (BM) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Black Matrix (BM) Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?

Black Matrix is a decentralized platform that allows users to create and share content. It also provides a payment system for content creators.

Some of the major players in the black matrix (bm) market are TOK, Mitsubishi Chemical, Samyang, Daxin Materials, Nippon Electric Glass, eCham.

The black matrix (bm) market is expected to register a CAGR of 5.5%.

Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Black Matrix (BM) Market Overview    4.1 Introduction       4.1.1 Market Taxonomy       4.1.2 Market Definition       4.1.3 Macro-Economic Factors Impacting the Market Growth    4.2 Black Matrix (BM) Market Dynamics       4.2.1 Market Drivers       4.2.2 Market Restraints       4.2.3 Market Opportunity    4.3 Black Matrix (BM) Market - Supply Chain Analysis       4.3.1 List of Key Suppliers       4.3.2 List of Key Distributors       4.3.3 List of Key Consumers    4.4 Key Forces Shaping the Black Matrix (BM) Market       4.4.1 Bargaining Power of Suppliers       4.4.2 Bargaining Power of Buyers       4.4.3 Threat of Substitution       4.4.4 Threat of New Entrants       4.4.5 Competitive Rivalry    4.5 Global Black Matrix (BM) Market Size & Forecast, 2020-2028       4.5.1 Black Matrix (BM) Market Size and Y-o-Y Growth       4.5.2 Black Matrix (BM) Market Absolute $ Opportunity

Chapter 5 Global  Market Analysis and Forecast by Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Type
      5.1.2 Basis Point Share (BPS) Analysis by Type
      5.1.3 Absolute $ Opportunity Assessment by Type
   5.2  Market Size Forecast by Type
      5.2.1 Standard Type
      5.2.2 High Resistant Type
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global  Market Analysis and Forecast by Applications
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Applications
      6.1.2 Basis Point Share (BPS) Analysis by Applications
      6.1.3 Absolute $ Opportunity Assessment by Applications
   6.2  Market Size Forecast by Applications
      6.2.1 TFT-LCD
      6.2.2 Touch Screen Panel
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Black Matrix (BM) Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Black Matrix (BM) Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America  Analysis and Forecast
   9.1 Introduction
   9.2 North America  Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America  Market Size Forecast by Type
      9.6.1 Standard Type
      9.6.2 High Resistant Type
   9.7 Basis Point Share (BPS) Analysis by Type 
   9.8 Absolute $ Opportunity Assessment by Type 
   9.9 Market Attractiveness Analysis by Type
   9.10 North America  Market Size Forecast by Applications
      9.10.1 TFT-LCD
      9.10.2 Touch Screen Panel
   9.11 Basis Point Share (BPS) Analysis by Applications 
   9.12 Absolute $ Opportunity Assessment by Applications 
   9.13 Market Attractiveness Analysis by Applications

Chapter 10 Europe  Analysis and Forecast
   10.1 Introduction
   10.2 Europe  Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe  Market Size Forecast by Type
      10.6.1 Standard Type
      10.6.2 High Resistant Type
   10.7 Basis Point Share (BPS) Analysis by Type 
   10.8 Absolute $ Opportunity Assessment by Type 
   10.9 Market Attractiveness Analysis by Type
   10.10 Europe  Market Size Forecast by Applications
      10.10.1 TFT-LCD
      10.10.2 Touch Screen Panel
   10.11 Basis Point Share (BPS) Analysis by Applications 
   10.12 Absolute $ Opportunity Assessment by Applications 
   10.13 Market Attractiveness Analysis by Applications

Chapter 11 Asia Pacific  Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific  Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific  Market Size Forecast by Type
      11.6.1 Standard Type
      11.6.2 High Resistant Type
   11.7 Basis Point Share (BPS) Analysis by Type 
   11.8 Absolute $ Opportunity Assessment by Type 
   11.9 Market Attractiveness Analysis by Type
   11.10 Asia Pacific  Market Size Forecast by Applications
      11.10.1 TFT-LCD
      11.10.2 Touch Screen Panel
   11.11 Basis Point Share (BPS) Analysis by Applications 
   11.12 Absolute $ Opportunity Assessment by Applications 
   11.13 Market Attractiveness Analysis by Applications

Chapter 12 Latin America  Analysis and Forecast
   12.1 Introduction
   12.2 Latin America  Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America  Market Size Forecast by Type
      12.6.1 Standard Type
      12.6.2 High Resistant Type
   12.7 Basis Point Share (BPS) Analysis by Type 
   12.8 Absolute $ Opportunity Assessment by Type 
   12.9 Market Attractiveness Analysis by Type
   12.10 Latin America  Market Size Forecast by Applications
      12.10.1 TFT-LCD
      12.10.2 Touch Screen Panel
   12.11 Basis Point Share (BPS) Analysis by Applications 
   12.12 Absolute $ Opportunity Assessment by Applications 
   12.13 Market Attractiveness Analysis by Applications

Chapter 13 Middle East & Africa (MEA)  Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA)  Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA)  Market Size Forecast by Type
      13.6.1 Standard Type
      13.6.2 High Resistant Type
   13.7 Basis Point Share (BPS) Analysis by Type 
   13.8 Absolute $ Opportunity Assessment by Type 
   13.9 Market Attractiveness Analysis by Type
   13.10 Middle East & Africa (MEA)  Market Size Forecast by Applications
      13.10.1 TFT-LCD
      13.10.2 Touch Screen Panel
   13.11 Basis Point Share (BPS) Analysis by Applications 
   13.12 Absolute $ Opportunity Assessment by Applications 
   13.13 Market Attractiveness Analysis by Applications

Chapter 14 Competition Landscape 
   14.1 Black Matrix (BM) Market: Competitive Dashboard
   14.2 Global Black Matrix (BM) Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 TOK
      14.3.2 Mitsubishi Chemical
      14.3.3 Samyang
      14.3.4 Daxin Materials
      14.3.5 Nippon Electric Glass
      14.3.6 eCham

Our Trusted Clients

Contact Us