DALLAS, Oct. 30, 2018 (GLOBE NEWSWIRE) -- According to a new market report published by Lucintel, the future of the optical film market looks attractive with opportunities in the markets of televisions, monitors, notebooks, and mobile phones. The global optical film market is expected to reach an estimated $21.8 billion by 2023 and is forecast to grow at a CAGR of 5.7% from 2018 to 2023. The major growth driver for this market are increasing demand for larger screen sized televisions and mobile phones.
Browse 105 market data tables and 122 figures spread through 203 pages and in-depth TOC on “Global Optical Film Market" at https://www.lucintel.com/optical-film-market-2018.aspx
In this market, polarizer film, BLU film, and ITO film are used for optical film manufacturing for product. Lucintel forecasts that polarizer film is expected to remain the largest segment and it is also expected to witness the highest growth in the forecast period supported by increasing demand for television, mobile, and notebook displays. Download Free PDF Brochure @ https://www.lucintel.com/optical-film-market-2018.aspx#/
Asia Pacific is expected to remain the largest market by value and volume and is also expected to witness the highest growth over the forecast period. Economic expansion, growth in per capita income, urbanization, and increase in living standards across the region, particularly in India and China, are leading the demand for televisions, mobile phones, monitors, and other electronics. Pre-Purchase Query click https://www.lucintel.com/optical-film-market-2018.aspx#/
Emerging trends, which have a direct impact on the dynamics of the optical film industry, include the development of ultra-thin polarizers and the development of blue light high transmission polarizers. Nitto Denko, Sumitomo, LG Chem, Fujifilm, and Mntech and others are among the major suppliers of optical film.
Within the optical film market, television is expected to remain the largest end use market due to the continuous growth in demand for larger display televisions and declining panel prices.
Lucintel, a leading global market research firm has analyzed and forecasted growth opportunities for global optical film market by product, end user, and region has compiled a comprehensive research report entitled “Growth Opportunities in the Global Optical Film Market 2018-2023: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy by providing comprehensive data and analysis on trends, key drivers, and directions.
For a detailed table of contents, contact Lucintel at +1-972-636-5056 or mail at helpdesk@lucintel.com.