According to a report of the Electronic Films Market by Film Type (Non-Conductive and Conductive), Material Type (Polymer, ITO on Glass, ITO on Pet and Metal Mesh), Application (Electronic Display, Printed Circuit Boards (PCB), Semiconductors, Wires and Cables and Others), and Region (North- America, Europe, Asia-Pacific, Middle East & Africa, South America) –is expected to reach US$ XX Bn by 2027, at a CAGR of 7.43 %.
The product films are manufactured by using numerous materials, containing a polymer, indium tin oxide (ITO), and metal mesh among others. These films are main applications in electronic devices & displays, like electronic display, printed circuit boards (PCBs), semiconductor, and wires and cables among others. Conductive films are mostly used as optical films in the display of electronic devices.
The major factors behind the global electronic films market are technological development in electronic films, growing demand for tablets, smartphones, and other similar consumer electronics devices, rising inclination for touch-enabled LCD panels and high-performance properties of polymer-based electronic films.
High technology development and manufacturing cost of electronic films and high volatility in prices of ITO are restraining the growth of the global electronic films market. Difficulty in electronics film processing is the major challenge to market growth. Uninterrupted development of application products and growth of PCBs owing to the anticipated 5G Rollout are expected to generate many opportunities for the global electronic films market.
Electronic Display hold the largest market share
The demand for digital signage is growing owing to the rising retail industry. Display technology has undergone radical changes, over the past few years, which has led to the increased adoption of the organic light emitting diode (OLED), quantum dot light emitting diode (QDLED), and EPD electronic paper display (EPD) technologies. These factors drive the growth of the electronic display in the global electronic film market.
Semiconductor application is expected to dominate
Semiconductors are expected to hold the largest market share during the forecast period owing to the semiconductor is a major application of electronic films. Electronic films are used in semiconductors for surface security and encapsulation purposes. The high heat resistance, non-stick properties, and good elasticity at molding temperature make these films suitable for use in semiconductors. These factors drive the growth of the semiconductor segment in the global electronic films market.
This report contains a study of marketing and development strategies, along with the product portfolios of leading companies. It includes the profiles of leading manufacturers such as Dowdupont, Saint-Gobain Performance Plastics, TDK Corporation, Teijin Ltd., 3M, Covers, SABIC, Toyobo Co., Ltd., The Chemours Company, Nitto Denko Corporation, Gunze, Oike & Co. Ltd., Mitsubishi Chemical Holding, O-film Tech Co Ltd, Toyobo Co. Ltd., Covers, SKC Inc., Daikin, Mitsubishi Chemical Holdings, Oike & Co. Ltd., Eastman Chemical Company, C3 Nano, Dontech Inc., SABIC and Canatu Oy.
Maximize market research, a global market research firm with a dedicated team of specialists and data has carried out extensive research about the global electronic films market. Report encompasses the Market by different segments and region, providing the in-depth analysis of the overall industry ecosystem, useful for making informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the Market dynamics, and future opportunities that might exist in the global electronic films database market. The driving forces, as well as considerable restraints, have been explained in depth. In addition to this, competitive landscape describing the strategic growth of the competitors have been taken into consideration for enhancing Market know-how of our clients and at the same time explain the global electronic films database market positioning of competitors.
Browse the Market data Tables and Figures spread through a comprehensive research report and in-depth TOC on “Electronic Films Market”.
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