Market Overview:
The global optical thin film market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for polarizers, optical films for back light units (BLUs), and other optical thin films from various applications such as consumer electronics, automotive, and others. In addition, the growing demand for these products in regions such as North America, Latin America, Europe Asia Pacific and Middle East & Africa is also contributing to the growth of this market.
Product Definition:
Optical thin film is a material that can be used to control the reflection and transmission of light. It can be used to create optical devices such as mirrors, lenses, and filters.
Polarizer:
The optical thin film market is expected to grow at a significant rate owing to the increasing demand for high performance and low-cost products in the telecommunication, solar power, aerospace & defense industries. The rising demand for these products has led to extensive research activities aimed at developing new manufacturing processes and enhancing product quality. One such approach involves using liquid crystal technology as a means of controlling light waves within an optical thin film (OTF).
Optical Film for Back Light Unit:
An optical film for back light unit is a device that emits light when an image is formed on it by the laser beam or the like. It is widely used in applications such as bill boards, kiosks, and advertising signs. The optical films are available in different forms such as transmissive and reflective type with various properties such as index of refraction being Alpha (A), Beta (B), Gamma (G).
The A-type has an alpha value of about 2.
Application Insights:
The consumer electronics segment accounted for the largest share in 2016 and is anticipated to maintain its lead over the forecast period. The growth of this application segment can be attributed to growing demand for thin film coatings in various consumer electronic products, such as smartphones, laptops and cameras. Optical equipment was the second largest application segment accounting for a share of 15.1% in 2016 owing to increasing use of optical films and polarizers by end-use industries including telecommunication, aerospace & defense and medical equipment manufacturers.
Regional Analysis:
North America dominated the global market in 2017. The growth of this region can be attributed to increasing adoption of laptops, smartphones, and other consumer electronics products. Moreover, growing demand for high-quality images through digital cameras is expected to drive the regional market over the forecast period.
Asia Pacific is projected to witness significant growth over the next eight years owing to rising product demand from key application sectors such as automotive and others. Increasing use of optical films in solar energy generation has also led to an increase in consumption within this region. In addition, rising investments by major players for manufacturing advanced optic films are anticipated to further fuel industry expansion over the coming years (Hosking et al., 2016). For instance, LG Electronics Inc.
Growth Factors:
- Increasing demand for miniaturization in electronics industry
- Rising demand for energy-efficient and environment-friendly products
- Growing application of optical thin films in solar cells and LED lighting
- Proliferation of nanotechnology and development of new deposition techniques
- Emergence of new players in the market
Scope Of The Report
Report Attributes
Report Details
Report Title
Optical Thin Film Market Research Report
By Type
Polarizer, Optical Film for Back Light Unit, Others
By Application
Consumer Electronics, Optical Equipment, Automotive, Others
By Companies
3M, Mntech, SKC, Nitto Denko Corporation, Sumitomo Chemical, Shinhwa Intertek, Samsung SDI, Kimoto, Coretronic, Gunze, 3M, Kangdexin, LG Chem, Mitsubishi Rayon, Teijin
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
140
Number of Tables & Figures
98
Customization Available
Yes, the report can be customized as per your need.
Global Optical Thin Film Market Report Segments:
The global Optical Thin Film market is segmented on the basis of:
Types
Polarizer, Optical Film for Back Light Unit, Others
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.
Applications
Consumer Electronics, Optical Equipment, Automotive, Others
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:
- 3M
- Mntech
- SKC
- Nitto Denko Corporation
- Sumitomo Chemical
- Shinhwa Intertek
- Samsung SDI
- Kimoto
- Coretronic
- Gunze
- 3M
- Kangdexin
- LG Chem
- Mitsubishi Rayon
- Teijin
Highlights of The Optical Thin Film Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Polarizer
- Optical Film for Back Light Unit
- Others
- By Application:
- Consumer Electronics
- Optical Equipment
- Automotive
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Optical Thin Film 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
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An optical thin film is a material that has been deposited on a substrate using an optical process. Optical thin films can be used to create devices and systems that are thinner than traditional electronic materials, which can lead to improved performance and reduced size.
Some of the key players operating in the optical thin film market are 3M, Mntech, SKC, Nitto Denko Corporation, Sumitomo Chemical, Shinhwa Intertek, Samsung SDI, Kimoto, Coretronic, Gunze, 3M, Kangdexin, LG Chem, Mitsubishi Rayon, Teijin.
The optical thin film market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Optical Thin Film 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 Optical Thin Film Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Optical Thin Film 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 Optical Thin Film 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 Optical Thin Film Market Size & Forecast, 2018-2028
4.5.1 Optical Thin Film Market Size and Y-o-Y Growth
4.5.2 Optical Thin Film Market Absolute $ Opportunity
Chapter 5 Global Optical Thin Film 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 Optical Thin Film Market Size Forecast by Type
5.2.1 Polarizer
5.2.2 Optical Film for Back Light Unit
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Optical Thin Film 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 Optical Thin Film Market Size Forecast by Applications
6.2.1 Consumer Electronics
6.2.2 Optical Equipment
6.2.3 Automotive
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Optical Thin Film 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 Optical Thin Film 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 Optical Thin Film Analysis and Forecast
9.1 Introduction
9.2 North America Optical Thin Film 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 Optical Thin Film Market Size Forecast by Type
9.6.1 Polarizer
9.6.2 Optical Film for Back Light Unit
9.6.3 Others
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 Optical Thin Film Market Size Forecast by Applications
9.10.1 Consumer Electronics
9.10.2 Optical Equipment
9.10.3 Automotive
9.10.4 Others
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 Optical Thin Film Analysis and Forecast
10.1 Introduction
10.2 Europe Optical Thin Film 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 Optical Thin Film Market Size Forecast by Type
10.6.1 Polarizer
10.6.2 Optical Film for Back Light Unit
10.6.3 Others
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 Optical Thin Film Market Size Forecast by Applications
10.10.1 Consumer Electronics
10.10.2 Optical Equipment
10.10.3 Automotive
10.10.4 Others
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 Optical Thin Film Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Optical Thin Film 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 Optical Thin Film Market Size Forecast by Type
11.6.1 Polarizer
11.6.2 Optical Film for Back Light Unit
11.6.3 Others
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 Optical Thin Film Market Size Forecast by Applications
11.10.1 Consumer Electronics
11.10.2 Optical Equipment
11.10.3 Automotive
11.10.4 Others
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 Optical Thin Film Analysis and Forecast
12.1 Introduction
12.2 Latin America Optical Thin Film 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 Optical Thin Film Market Size Forecast by Type
12.6.1 Polarizer
12.6.2 Optical Film for Back Light Unit
12.6.3 Others
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 Optical Thin Film Market Size Forecast by Applications
12.10.1 Consumer Electronics
12.10.2 Optical Equipment
12.10.3 Automotive
12.10.4 Others
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) Optical Thin Film Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Optical Thin Film 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) Optical Thin Film Market Size Forecast by Type
13.6.1 Polarizer
13.6.2 Optical Film for Back Light Unit
13.6.3 Others
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) Optical Thin Film Market Size Forecast by Applications
13.10.1 Consumer Electronics
13.10.2 Optical Equipment
13.10.3 Automotive
13.10.4 Others
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 Optical Thin Film Market: Competitive Dashboard
14.2 Global Optical Thin Film Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 3M
14.3.2 Mntech
14.3.3 SKC
14.3.4 Nitto Denko Corporation
14.3.5 Sumitomo Chemical
14.3.6 Shinhwa Intertek
14.3.7 Samsung SDI
14.3.8 Kimoto
14.3.9 Coretronic
14.3.10 Gunze
14.3.11 3M
14.3.12 Kangdexin
14.3.13 LG Chem
14.3.14 Mitsubishi Rayon
14.3.15 Teijin
