Display Materials

Global Display Materials Market to Reach US$42.7 Billion by 2030

The global market for Display Materials estimated at US$37.1 Billion in the year 2024, is expected to reach US$42.7 Billion by 2030, growing at a CAGR of 2.4% over the analysis period 2024-2030. OLED Technology, one of the segments analyzed in the report, is expected to record a 1.9% CAGR and reach US$11.4 Billion by the end of the analysis period. Growth in the LCD Technology segment is estimated at 2.6% CAGR over the analysis period.

The U.S. Market is Estimated at US$9.8 Billion While China is Forecast to Grow at 2.3% CAGR

The Display Materials market in the U.S. is estimated at US$9.8 Billion in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$6.9 Billion by the year 2030 trailing a CAGR of 2.3% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 2.2% and 2.0% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 2.5% CAGR.

Global Display Materials Market - Key Trends and Drivers Summarized

What Constitutes Display Materials and How Are They Integral to Modern Technology?

Display materials form the core of visual technology found in smartphones, televisions, monitors, and other digital displays. These materials are specialized chemicals and compounds designed to emit or manipulate light, playing a crucial role in determining display performance, color accuracy, brightness, and contrast. Major types of display materials include liquid crystals used in LCDs, organic light-emitting diode (OLED) materials, and more recently, quantum dots which enhance color and brightness in high-definition displays. Each material type is suited to specific display technologies and has distinct manufacturing requirements and cost implications, influencing the choice of material for different applications.

Innovations in Display Material Science: Pushing the Boundaries of Visual Technology

The field of display materials is characterized by rapid innovation aimed at improving efficiency, durability, and environmental sustainability. One of the key advancements has been the development of OLED materials, which offer superior color contrast and deeper blacks compared to traditional LCDs. Further, quantum dot technology has made significant inroads in enhancing display brightness and color gamut, crucial for ultra-high-definition (UHD) displays. Additionally, there is ongoing research into environmentally friendly materials that reduce the use of toxic compounds and improve recyclability, such as organic or silicon-based alternatives that offer similar or enhanced performance characteristics compared to traditional inorganic materials.

Applications and Industry Demand for Advanced Display Materials

The applications of advanced display materials are vast and varied across multiple industries. In consumer electronics, the demand for thinner, more energy-efficient, and higher-resolution displays drives the need for innovative materials that can deliver these features. In the automotive sector, durable display materials that can operate reliably in a range of environmental conditions are essential for dashboard and infotainment systems. Additionally, in sectors like healthcare and public safety, high-quality display materials are critical for devices that require absolute clarity and reliability, such as medical imaging equipment and aviation displays. As technology evolves, the demand for materials that can support flexible and wearable displays is also rising, highlighting the need for continuous advancements in material science.

What Drives the Growth in the Display Materials Market?

The growth in the display materials market is driven by several factors, including the escalating demand for smarter, more energy-efficient, and visually superior displays across all sectors of consumer electronics. The relentless pursuit of higher resolution screens equipped with AMOLED and OLED technologies, especially in smartphones and televisions, significantly contributes to this demand. Additionally, the increasing adoption of high-performance displays in the automotive industry, coupled with advances in dashboard and in-vehicle entertainment technologies, fuels the need for specialized display materials. The trend towards sustainable and environmentally friendly materials is also pushing manufacturers to innovate and develop new compounds that meet both performance and ecological standards. Furthermore, as the global economy recovers from disruptions such as those caused by pandemics, the market is expected to see renewed investments in display technologies, driving further innovations and applications in display materials.

SCOPE OF STUDY:

The report analyzes the Display Materials market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Technology (LCD, OLED)

Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.

Select Competitors (Total 42 Featured) -

• Asahi Glass Co., Ltd.
• Corning, Inc.
• cynora GmbH
• DIC Corporation
• Doosan Corporation Electro-Materials
• Dow, Inc.
• DuPont de Nemours, Inc.
• DUKSAN Neolux Co., Ltd.
• JNC Corporation
• JSR Corporation
• LG Chem
• Luminescence Technology Corp.
• Merck & Co., Inc.
• Nissan Chemical Industries Ltd.
• Nitto Denko Avecia Inc.
• Samsung SDI Co., Ltd
• Sumitomo Chemical Co., Ltd.
• Toray Industries, Inc.
• Universal Display Corporation

TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.

We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.

As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.

To our valued clients, we say, we have your back. We will present a simplified market reassessment by incorporating these changes!

APRIL 2025: NEGOTIATION PHASE

Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.

JULY 2025 FINAL TARIFF RESET

Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.

Reciprocal and Bilateral Trade & Tariff Impact Analyses:

USA
CHINA
MEXICO
CANADA
EU
JAPAN
INDIA
176 OTHER COUNTRIES.

Leading Economists - Our knowledge base tracks 14,949 economists including a select group of most influential Chief Economists of nations, think tanks, trade and industry bodies, big enterprises, and domain experts who are sharing views on the fallout of this unprecedented paradigm shift in the global econometric landscape. Most of our 16,491+ reports have incorporated this two-stage release schedule based on milestones.

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