The Optical Films Global Market Report 2023, provides comprehensive information on the optical films market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Optical Films Market’s Growth:
https://www.thebusinessresearchcompany.com/report/optical-films-global-market-report
The global optical films market size is expected to grow from $20.67 billion in 2022 to $22.48 billion in 2023 at a compound annual growth rate (CAGR) of 8.78%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of optical films market is expected to reach $30.51 billion in 2027 at a CAGR of 7.93%.
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Product innovations are the key trends gaining popularity in the optical film market. Companies operating in the optical film market are innovating new products to sustain their position in the market. For instance, in May 2023, Folex GmbH, a Switzerland-based plastics manufacturing company, launched the Go-Ha film, designed to enhance the readability of high-resolution screens by reducing glare. This specialized scratch-resistant film incorporates an anti-reflective layer on its front surface, ensuring exceptional transparency while maintaining its resistance to scratches. It not only provides improved UV stability but also claims to be very high chemical resistance, ensuring long-lasting performance even in demanding environments. Go-Ha film is highly versatile, easily printable, and compatible with a wide range of applications. Its anti-glare surface, combined with remarkable transparency, mitigates glare-related issues and enhances the visual clarity of displays.
The optical films market is segmented:
1) By Film: Polarizing Film, Backlight Film, Other Films
2) By Function: Display Surface Films, Brightness Enhancement Films, Light Control Or Privacy Films
3) By Application: Automotive Display, Televisions, Desktop And Laptops, Smartphones, Tablets, Signage And Advertising Display Boards
Asia-Pacific was the largest region in the optical films market in 2022.
The table of contents in TBRC’s optical films market report includes:
1. Executive Summary
2. Optical Films Market Characteristics
3. Optical Films Market Trends And Strategies
4. Optical Films Market – Macro Economic Scenario
5. Optical Films Market Segmentation
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26. South America Optical Films Market
27. Brazil Optical Films Market
28. Middle East Optical Films Market
29. Africa Optical Films Market
30. Optical Films Market Competitive Landscape And Company Profiles
Top Major Players:
- Saint-Gobain S.A
- LG Chem Ltd
- Honeywell International Inc
- 3M Company
- Sumitomo Chemical Co. Ltd
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