Gobal Polarizing Films Market Projected to Reach USD 18 Billion by 2026

27-Mar-2020 | Facts and Factors

Findings from Facts and Factors report “Polarizing Films Market By Contrast Type (High Contrast And Low Contrast), By Polarizer type (Linear Polarizer, Wire-Grid Polarizers, Fresnel Reflection Polarizer, Thin Film Polarizers, And Birefringent Polarizers), By Linear Polarizer (Photography, LCD technology, and Others), and By Application (Photography, LCD technology, and Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026” states that the global Polarizing Films market in 2019 was approximately USD 12 Billion. The market is expected to grow at a CAGR of 6% and is anticipated to reach around USD 18 Billion by 2026.

Polarizing Films Market Size

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Polarizers are used in numerous optical instruments and techniques.  Polarizing filters are used for LCD technology and photography. A polarizer enables light waves with a specific certain polarization to go through while it blocks light waves of other polarizations. Polarizers can turn a light beam or also mix polarization into a well-defined beam. Circular and Linear polarizers are the most universal types of polarizers.

Browse the full “Polarizing Films Market By Contrast Type (High Contrast And Low Contrast), By Polarizer type (Linear Polarizer, Wire-Grid Polarizers, Fresnel Reflection Polarizer, Thin Film Polarizers, And Birefringent Polarizers), By Linear Polarizer (Photography, LCD technology, and Others), and By Application (Photography, LCD technology, and Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026" https://www.fnfresearch.com/polarizing-films-market-by-contrast-type-high-contrast-980

Increasing demand for reflective polarizing films, especially in emerging economies, technological advances, and growing R&D activities are driving growth in the markets. Additionally, the reflective properties that polarizing films are also anticipated to drive the market. Due to the high utilization of polarizing films, particularly in LCD displays, the global demand for polarizing films has risen significantly. The implementation of strict government regulations in packaging is thought to be a primary driver of the demand for polarizing films. On the other hand, the constant change in raw material prices is projected to be a major hampering factor for the market during the forecast period. Also, important factors which restrict the market are factors such as the easy availability of raw materials and the introduction of cheaper substitutions.

The polarizer film market is bifurcated in the segments such as Contrast Type, Polarizer type, and Application. Based on the contrast type market is bifurcated as high contrast and low contrast. High contrast polarizer is expected to create significant demand in the forecasted period owing to demand high-quality photography and high definition LCD technology.

Based on the polarizer type market is segmented as a linear polarizer, wire-grid polarizers, polarizer by Fresnel reflection,thin-film polarizers, and birefringent polarizers. Moreover, applications are categorized as photography, LCD technology, and others. The photography is expected to contribute to the significant market share in the forecasted time.

Based on region, polarizing films are fragmented in North America, Europe, Latin America, Asia Pacific, and the Middle East and Africa. It is estimated that the Asia Pacific is projected to generate significant demand for the Polarizing Films in the forecasted period. North America is projected to the second largest market share followed by Europe. On the other hand regions like the Middle East and Latin America are expected to generate moderate demand for the ethylene-vinyl acetate in the forecasted period.

Report Scope

Report Attribute

Details

Market Size in 2019

USD 12 Billion

Projected Market Size in 2026

USD 18 Billion

CAGR Growth Rate

6% CAGR

Base Year

2019

Forecast Years

2020-2026

Key Market Players

Fusion Optix Ltd, Kolon Industries Inc., Dai Nippon Printing Co Ltd, Gamma Optical Co Ltd, DuPont, EFUN Technology Co Ltd, and 3M Company.

Key Segment

By Contrast Type, By Application, By Linear polarizer, By Region

Major Regions Covered

North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa

Purchase Options

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The polarizing films market is fragmented with the big as well as small players, which is resulted in intense competition in the market. The key players include Fusion Optix Ltd, Kolon Industries Inc., Dai Nippon Printing Co Ltd, Gamma Optical Co Ltd, DuPont, EFUN Technology Co Ltd, and 3M Company.

This report segments the Polarizing Films market as follows:

Global Polarizing Films Market: Contrast Type Segmentation Analysis

  • High contrast
  • Low contrast

Global Polarizing Films Market: By Application Segmentation Analysis

  • Linear polarizer
  • Wire-grid polarizers
  • Polarizer by Fresnel reflection
  • Thin film polarizers
  • Birefringent polarizers

Global Polarizing Films Market: By Linear polarizer Segmentation Analysis

  • L Beam-splitting polarizers
  • Absorptive polarizers

Global Polarizing Films Market: By Application Segmentation Analysis

  • Photography
  • LCD technology
  • Other

Global Polarizing Films Market: Regional Segmentation Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • Germany
    • The UK
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of the Middle East & Africa

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