(PRWEB) August 13, 2014
According to the new market research report "Dielectric Materials Market by Material (Metal Oxide, a-Silicon, LTPS, PET, PEN, Photonic Crystals), Technology (OLED, LED, TFT-LCD, LED-LCD, Plasma, LCOS, DLP), Application (Conventional, 3D, Transparent, Flexible) & Geography - Global Forecast to 2013 - 2020," the Dielectric Materials Market is projected to cross $50 Billion by 2020, growing at a moderate CAGR from 2013 to 2020.
Browse More Than 44 Market Data Tables With 51 Figures Spread Through 264 Pages and In-depth TOC on "Dielectric Materials Market"
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The last decade witnessed a well-paced transformation in the dielectric technology market. Displays have evolved from CRT to Plasma Display (PDP), and from PDP to LCD and LED. The latest display type is OLED. In the last quarter of 2013, the flexible display smartphones have hit the market; with tablets to follow soon after. Laptops and TVs are also expected to follow the trend of smartphones and tablets, while OLED-based televisions have also been introduced by electronics manufacturing giants such as Samsung and LG. All these developments have created demand for better and more stable materials to be used in these displays. The use of IGZO (Indium Gallium Zinc Oxide) and photonic crystals is an example.
Materials play a pivotal part in the fast-growing Dielectric market. The best performance of the display can be assured with the selection of the most efficient and productive materials, and choosing the most cost-effective materials in order to maintain prices at more affordable levels. Displays have literally become ubiquitous and are used in a variety of devices such as smart phones, tablets, laptops, desktops, HDTVs, wearable devices, and so on. Due to the enhancement in technology and easy availability of the materials, dielectric manufacturing has been increasing rapidly and is expected to increase exponentially in the future. However, the technological advancement is posing problems for the new manufacturers as it takes them time to understand their workings and implement it in their production process.
The characteristics and features of some of the emerging displays, such as flexible, rollable and bendable displays, are acting as the biggest drivers for the dielectric materials market. This emerging display market possesses some of the most unique distinct features such as sleekness, rollability/flexibility, and ruggedness, and thus, these displays can be utilized in most of the industries.
The display materials market is segmented into four categories that include materials, technology, application, and geography. This report divides the overall market into four main geographical segments, namely, North America, Europe, APAC, and ROW. APAC contributes more to the market growth as compared to the other regions. The demand for the display materials is mainly from APAC, most of the demand comes, from China and Japan.
According to this study, the new materials mentioned above are the game-changers for display manufacturers, as they would propel the industry to unbeatable technological excellence. For instance it can be said that these new innovations in the display industry will take time to adapt, but with the time, it will touch the pinnacle of technological innovation and consequent market growth.
The leading companies in the display materials market covered in the report are BASF SE (Germany), Corning Incorporated (U.S.), DuPont (U.S.), Samsung Corning Precision Materials (South Korea), SCHOTT AG (Germany), Kolon Industries (South Korea), Materion Corporation(U.S.), Honeywell Electronic Materials (U.S.),Polyera Corporation (U.S.), Merck Performance Materials (Germany), Toppan Printing Co., Ltd. (Japan) Universal Display Corporation (U.S.),and Tecnisco (Japan).
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