Reflective Polarizing Films Market - Forecast(2022 - 2027)

Report Code: CMR 28241 Report Format: PDF + Excel

Reflective Polarizing Films Market Overview

Reflective Polarizing Films Market is expected to be valued at $XX.X billion by the end of the year 2026 after growing at a CAGR of 6.5% during the forecast period from 2021-2026. The reflective polarizing films market is witnessing significant growth due to high use of these films especially in LCD displays. Emerging economies such as China and India are leading to the increase in per capita income which in turn increasing the demand of consumer products, this is the major factor driving the reflective polarizing films market growth. 
Amid the COVID-19 pandemic, reflective polarizing films market took a hit in the beginning of the pandemic in the terms of production and logistics. The reflective polarizing films market is estimated to improve in the upcoming years.

Reflective Polarizing Films Market Report Coverage

The report: “Reflective Polarizing Films Market – Forecast (2021-2026)”, by IndustryARC, covers an in-depth analysis of the following segments of the Reflective Polarizing Films Industry. 
By Type: High Contrast, Low Contrast, and Others.
By Layers: Single-Layer and Multi-Layer.
By Application: LCD, OLED, PDP, and Others.
By End-Use Industry: Consumer Electronics, Automotive, Marine, Locomotive, Aerospace & Defense, and Others. 
By Geography: North America, South America, Europe, Asia-Pacific, and Rest of the world.

Key Takeaways

  • Asia Pacific market is expected to hold the largest share in the reflective polarizing films market owing to the increase in technological advancements in the region.
  • The increase in use of polarizing films in electronics such as LCDs is driving the reflective polarizing film market.
  • The increase in per capita income is rising the spending capacity eventually driving the reflective polarizing films market.
  • Increase in manufacture of electronic goods in the present days is one of the biggest driving factor of reflective polarizing films market.

Reflective Polarizing Films Market Segment Analysis - By Type

High contrast polarizing films segment held the largest share in the reflective polarizing films market in the year 2020 and is estimated to rise at the CAGR of 7.8% during the forecast period from 2021-2026. High contrast polarizing films is designed to reduce glare, increase color saturation and improve overall image quality. Further, high contrast film helps in solving the temperature sensitivity issues. All these excellent properties are contributing in the growth of high contrast polarizing films.

Reflective Polarizing Films Market Segment Analysis - By Layers

Multi-Layer reflective polarizing films segment held the largest share of more than 55% in the reflective polarizing films market in the year 2020.  Multi-layer polarizing film provides excellent transmission property and is widely used in displays. Multi-layer films can be combined with absorbing polarizers and gives accurate results. Multi-layer reflective polarizing film eliminates all the dis-advantages that comes with single-layer reflective polarizing films such as manual assembling and handling processes. This makes multi-layered polarizing films ideal for usages in electronics.

Reflective Polarizing Films Market Segment Analysis - By Application

Liquid Crystal Display (LCD) segment held the largest share in the reflective polarizing films market in the year 2020. Globally, the liquid crystal display (LCD) televisions are sold approximately 200 million units every year, which eventually creating a demand for reflective polarizing films. The increase in the manufacture of electronics like televisions, PCs and laptops have given rise to the demand for LCD. LCDs do not emit light directly and instead uses a reflector to produce images which is safer for the users. 

Reflective Polarizing Films Market Segment Analysis - By End-Use Industry

Consumer electronics segment held the largest share in the reflective polarizing films market in the year 2020. The global sales of consumer electronics for the year 2020 accounted to $156.5 billion. The recent developments in the technology and innovation has given birth to many modern technologies such as LCD displays, smart TVs, smartphones etc. The changing lifestyles and the need to keep up with the modern changes has led to the increase in the demand for consumer electronics products like televisions, mobiles and computers. 

Reflective Polarizing Films Market Segment Analysis - By Geography 

Asia Pacific market held the largest share in the reflective polarizing films market in the year 2020. The increase in demand for reflective polarizing films market in the APAC region can be attributed to the stringent government regulations in most countries like China, India and South Korea. For instance, the Ministry of Electronics and Information Technology (MIETY) and Bureau of Indian Standards (BIS) introduced a policy name Compulsory Registration Scheme (CRS), which talks about the safety for electrical products.
North American market followed Asia Pacific region closely in the growth of reflective polarizing films due to the development in technology and increase in research and development activities of electronics and gadgets.

Reflective Polarizing Films Market Drivers

Technological development 

The development in technologies is the main factor driving the reflective polarizing film market. The increase in technological development has led to the increase in research and developmental activates, which is also fuelling the growth of reflective polarizing film market. Cathode ray tubes display were replaced by Liquid Crystal Display (LCD) and Light-emitting diode (LED) and so on. 

Growing trend of digitalization and high adoption of smart electronic wearable devices 

With the advent of technology in the recent days, the need for electronics have increased rapidly. Almost every activity is powered by technology. Therefore, the need for electronics have increased exponentially in the recent days which is highly driving the reflective polarizing film market. For instance, the increased adaption of AI-based systems in various fields such as medicine, automobile etc. The global artificial intelligence in healthcare market size amounted to USD 4.9 billion.

Reflective Polarizing Films Market Challenges

Replacement of LCD screens

The replacement of LCD screens by active-matrix organic light emitting diode (AMOLED) screens is one of the biggest restraints of the reflective polarizing film market.  AMOLED is made of an organic compound form of material, which makes it more sustainable and affordable. It is being used in mobile phones, TVs and digital cameras. It possesses properties that enhances the performances of low-power, low-cost, high-resolution and large size applications.

Volatile raw materials prices 

The volatile raw materials prices are one of the major challenges to reflective polarizing film market. The prominent raw materials used in producing polarizing films are Poly Vinyl Alcohol (PVA) film and Cellulose triacetate, (triacetate, CTA, TAC) film. The prices of such raw materials are mostly expensive and their uncertain price fluctuations makes it difficult for the makers to take any decision involving raw materials. 

Reflective Polarizing Films Market Landscape

Innovation, product development, expansion, acquisitions and mergers are some of the key strategies adopted by players in the Reflective Polarizing Film Market. Major players in the Reflective Polarizing Film Market are Gamma Optical Co Ltd, Fusion Optix Inc., Kolon Industries Inc., Dai Nippon Printing Co. Ltd, EFun Technology Co Ltd., Toray, DuPont, LG Chem Ltd, MN Tech Co Ltd and LMS Co Ltd among others. 

Acquisitions/Technology Launches

  • On December 20, 2020 Toray Industries Inc developed a new polyethylene terephthalate (PET) films for sustainable and eco-friendly solutions for packaging and display systems.
  • On November 24, 2019 Fusion Optix introduced a special series for office lighting panels, which provides high quality and control.

1. Reflective Polarizing Films Market- Market Overview
    1.1 Definitions and Scope 
2. Reflective Polarizing Films Market - Executive Summary
    2.1 Market Revenue, Market Size and Key Trends by Company
    2.2 Key trends by Type
    2.3 Key trends by Layers 
    2.4 Key trends by Application
    2.5 Key trends by End use Industry
    2.6 Key trends by Geography
3. Reflective Polarizing Films Market – Landscape 
    3.1 Comparative analysis 
        3.1.1 Market Share Analysis- Top Companies
        3.1.2 Product Benchmarking- Top Companies
        3.1.3 Top 5 Financials Analysis
        3.1.4 Patent Analysis- Top Companies
        3.1.5 Pricing Analysis
4. Reflective Polarizing Films Market - Startup companies Scenario Premium Premium 
    4.1 Top startup company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Market Shares
        4.1.4 Market Size and Application Analysis
        4.1.5 Venture Capital and Funding Scenario
5. Reflective Polarizing Films Market – Industry Market Entry Scenario Premium Premium 
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Successful venture profiles
    5.4 Customer Analysis – Top companies
6. Reflective Polarizing Films Market - Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Market Opportunities
    6.4 Porters five force model
        6.4.1 Bargaining power of suppliers
        6.4.2 Bargaining powers of customers
        6.4.3 Threat of new entrants
        6.4.4 Rivalry among existing players
        6.4.5 Threat of substitutes 
7. Reflective Polarizing Films Market – Strategic Analysis
    7.1 Value Chain Analysis
    7.2 Opportunity Analysis
    7.3 Product Life Cycle
    7.4 Supplier and Distributor 
8. Reflective Polarizing Films Market – By Type (Market Size -$Billion)
    8.1 High Contrast
    8.2 Low Contrast
    8.3 Others 
9. Reflective Polarizing Films Market – By Layers (Market Size -$Billion)
    9.1 Single-Layer
    9.2 Multi-Layer
10. Reflective Polarizing Films Market – By Application (Market Size -$Billion)
    10.1 LCD
    10.2 OLED
    10.3 PDP
    10.4 Others
11. Reflective Polarizing Films Market – By End-Use Industry (Market Size -$Billion)
    11.1 Consumer Electronics
        11.1.1 Laptop/Computers
        11.1.2 Mobiles
        11.1.3 Digital Cameras
        11.1.4 Projection Displays
        11.1.5 Digital Signage
        11.1.6 TVs
        11.1.7 Others
    11.2 Automotive
    11.3 Marine 
    11.4 Locomotive
    11.5 Aerospace & Defense  
    11.6 Others
12. Reflective Polarizing Films Market – By Geography (Market Size -$Billion)
    12.1 North America
        12.1.1 U.S
        12.1.2 Canada
        12.1.3 Mexico
    12.2 South America
        12.2.1 Brazil
        12.2.2 Argentina
        12.2.3 Colombia
        12.2.4 Chile
        12.2.5 Rest of South America
    12.3 Europe
        12.3.1 UK
        12.3.2 Germany
        12.3.3 France
        12.3.4 Italy
        12.3.5 Netherland
        12.3.6 Spain
        12.3.7 Russia
        12.3.8 Belgium
        12.3.9 Rest of Europe
    12.4 Asia-Pacific
        12.4.1 China
        12.4.2 Japan
        12.4.3 India
        12.4.4 South Korea
        12.4.5 Australia and New Zeeland
        12.4.6 Rest of APAC
    12.5 Rest of the World
        12.5.1 Middle East
            12.5.1.1 Saudi Arabia
            12.5.1.2 U.A.E
            12.5.1.3 Israel
            12.5.1.4 Rest of the Middle East
        12.5.2 Africa
            12.5.2.1 South Africa
            12.5.2.2 Nigeria
            12.5.2.3 Rest of Africa
13. Reflective Polarizing Films Market – Entropy
    13.1 New Product Launches
    13.2 M&As, Collaborations, JVs and Partnerships
14. Reflective Polarizing Films Market – Industry/Segment Competition Landscape Premium
    14.1 Market Share Analysis
        14.1.1 Market Share by Country - Top companies
        14.1.2 Market Share by Region - Top companies
        14.1.3 Market Share by type of Application - Top companies
        14.1.4 Market Share by type of Product / Product category- Top companies
        14.1.5 Market Share at global level - Top companies
        14.1.6 Best Practices for companies
15. Reflective Polarizing Films Market – Key Company List by Country Premium Premium
16. Reflective Polarizing Films Market Company Analysis
    16.1 Market Share, Company Revenue, Products, M&A, Developments
    16.2 Company 1
    16.3 Company 2
    16.4 Company 3
    16.5 Company 4
    16.6 Company 5
    16.7 Company 6
    16.8 Company 7
    16.9 Company 8
    16.10 Company 9
    16.11  Company 10 and more
"*Financials would be provided on a best efforts basis for private companies"

LIST OF TABLES

1.Global Global Reflective Polarizing Film Market, By Product Type Market 2019-2024 ($M)
1.1 High Contrast Market 2019-2024 ($M) - Global Industry Research
1.2 Low Contrast Market 2019-2024 ($M) - Global Industry Research
2.Global Global Reflective Polarizing Film Market, By Layer Market 2019-2024 ($M)
2.1 Single Layer Market 2019-2024 ($M) - Global Industry Research
2.2 Multi Layer Market 2019-2024 ($M) - Global Industry Research
3.Global Global Reflective Polarizing Film Market, By Product Type Market 2019-2024 (Volume/Units)
3.1 High Contrast Market 2019-2024 (Volume/Units) - Global Industry Research
3.2 Low Contrast Market 2019-2024 (Volume/Units) - Global Industry Research
4.Global Global Reflective Polarizing Film Market, By Layer Market 2019-2024 (Volume/Units)
4.1 Single Layer Market 2019-2024 (Volume/Units) - Global Industry Research
4.2 Multi Layer Market 2019-2024 (Volume/Units) - Global Industry Research
5.North America Global Reflective Polarizing Film Market, By Product Type Market 2019-2024 ($M)
5.1 High Contrast Market 2019-2024 ($M) - Regional Industry Research
5.2 Low Contrast Market 2019-2024 ($M) - Regional Industry Research
6.North America Global Reflective Polarizing Film Market, By Layer Market 2019-2024 ($M)
6.1 Single Layer Market 2019-2024 ($M) - Regional Industry Research
6.2 Multi Layer Market 2019-2024 ($M) - Regional Industry Research
7.South America Global Reflective Polarizing Film Market, By Product Type Market 2019-2024 ($M)
7.1 High Contrast Market 2019-2024 ($M) - Regional Industry Research
7.2 Low Contrast Market 2019-2024 ($M) - Regional Industry Research
8.South America Global Reflective Polarizing Film Market, By Layer Market 2019-2024 ($M)
8.1 Single Layer Market 2019-2024 ($M) - Regional Industry Research
8.2 Multi Layer Market 2019-2024 ($M) - Regional Industry Research
9.Europe Global Reflective Polarizing Film Market, By Product Type Market 2019-2024 ($M)
9.1 High Contrast Market 2019-2024 ($M) - Regional Industry Research
9.2 Low Contrast Market 2019-2024 ($M) - Regional Industry Research
10.Europe Global Reflective Polarizing Film Market, By Layer Market 2019-2024 ($M)
10.1 Single Layer Market 2019-2024 ($M) - Regional Industry Research
10.2 Multi Layer Market 2019-2024 ($M) - Regional Industry Research
11.APAC Global Reflective Polarizing Film Market, By Product Type Market 2019-2024 ($M)
11.1 High Contrast Market 2019-2024 ($M) - Regional Industry Research
11.2 Low Contrast Market 2019-2024 ($M) - Regional Industry Research
12.APAC Global Reflective Polarizing Film Market, By Layer Market 2019-2024 ($M)
12.1 Single Layer Market 2019-2024 ($M) - Regional Industry Research
12.2 Multi Layer Market 2019-2024 ($M) - Regional Industry Research
13.MENA Global Reflective Polarizing Film Market, By Product Type Market 2019-2024 ($M)
13.1 High Contrast Market 2019-2024 ($M) - Regional Industry Research
13.2 Low Contrast Market 2019-2024 ($M) - Regional Industry Research
14.MENA Global Reflective Polarizing Film Market, By Layer Market 2019-2024 ($M)
14.1 Single Layer Market 2019-2024 ($M) - Regional Industry Research
14.2 Multi Layer Market 2019-2024 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Reflective Polarizing Films Market Revenue, 2019-2024 ($M)
2.Canada Reflective Polarizing Films Market Revenue, 2019-2024 ($M)
3.Mexico Reflective Polarizing Films Market Revenue, 2019-2024 ($M)
4.Brazil Reflective Polarizing Films Market Revenue, 2019-2024 ($M)
5.Argentina Reflective Polarizing Films Market Revenue, 2019-2024 ($M)
6.Peru Reflective Polarizing Films Market Revenue, 2019-2024 ($M)
7.Colombia Reflective Polarizing Films Market Revenue, 2019-2024 ($M)
8.Chile Reflective Polarizing Films Market Revenue, 2019-2024 ($M)
9.Rest of South America Reflective Polarizing Films Market Revenue, 2019-2024 ($M)
10.UK Reflective Polarizing Films Market Revenue, 2019-2024 ($M)
11.Germany Reflective Polarizing Films Market Revenue, 2019-2024 ($M)
12.France Reflective Polarizing Films Market Revenue, 2019-2024 ($M)
13.Italy Reflective Polarizing Films Market Revenue, 2019-2024 ($M)
14.Spain Reflective Polarizing Films Market Revenue, 2019-2024 ($M)
15.Rest of Europe Reflective Polarizing Films Market Revenue, 2019-2024 ($M)
16.China Reflective Polarizing Films Market Revenue, 2019-2024 ($M)
17.India Reflective Polarizing Films Market Revenue, 2019-2024 ($M)
18.Japan Reflective Polarizing Films Market Revenue, 2019-2024 ($M)
19.South Korea Reflective Polarizing Films Market Revenue, 2019-2024 ($M)
20.South Africa Reflective Polarizing Films Market Revenue, 2019-2024 ($M)
21.North America Reflective Polarizing Films By Application
22.South America Reflective Polarizing Films By Application
23.Europe Reflective Polarizing Films By Application
24.APAC Reflective Polarizing Films By Application
25.MENA Reflective Polarizing Films By Application
26.3M Company, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Dai Nippon Printing Co , Ltd, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Dupont, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Efun Technology Co Ltd, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Fusion Optix, Inc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Gamma Optical Co , Ltd, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Kolon Industries, Inc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Lg Chem Ltd, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Lm Co , Ltd, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.Mntech Co , Ltd, Sales /Revenue, 2015-2018 ($Mn/$Bn)