Reflective Polarizing Films recycle light from the backlight system that would be absorbed by the LCD and can increase brightness by 50–60%. These films select incident light with a specific polarization state to pass through and reflect the other polarization state back into the backlight where it can be recycled; they are used in TFT-LCD products requiring high brightness, such as TVs, highend notebook PCs, and high-end monitors.
Reflective polarizing films are key optical elements to control polarization, thus transmitting a desired polarization state while reflecting. A reflective polarizing are crucial aspects to regulate polarization that transmits a specified state during reflection. Polarization also takes place due to reflection under which ordinary light is partially polarized after being reflected and the reflection coefficient for constituent’s oscillations is parallel to the plane of incidence and is always lower than the coefficient for oscillation component at right angles to that plane.
Global production of Reflective Polarizing Films has been increasing during the past five years with an average growth rate of 4.94%. Compared to 2016, Reflective Polarizing Films market managed to increase revenue by 3.41 percent to $1197.89 million worldwide in 2017 from $1158.39 million in 2016. Overall, the Reflective Polarizing Films market performance is positive, despite the historical fluctuations and weak economic environment.
Reflective Polarizing Films industry is relatively concentrated, while market competition is still fierce. 3M is the world leading manufacturer in global Reflective Polarizing Films market with the market share of 59%, in terms of revenue, followed by Shinwha, Zeon Chemicals, MNTech, DuPont Teijin and SKC. The top 6 listed companies accounted for 98% of the revenue market share in 2017.
According to this study, over the next five years the Reflective Polarizing Films market will register a 3.2% CAGR in terms of revenue, the global market size will reach US$ 1440 million by 2024, from US$ 1230 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Reflective Polarizing Films business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Reflective Polarizing Films market by product type, application, key manufacturers and key regions and countries.
This study considers the Reflective Polarizing Films value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Middle East & Africa
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
To study and analyze the global Reflective Polarizing Films consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Reflective Polarizing Films market by identifying its various subsegments.
Focuses on the key global Reflective Polarizing Films manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Reflective Polarizing Films with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Reflective Polarizing Films submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.