Global Electroluminescent Materials Market Growth 2023-2029

Global Electroluminescent Materials Market Growth 2023-2029

Electroluminescent materials are able to emit light in response to the application of an electrical current or a strong electric field. It is a well-known phenomenon that is also used in rigid, electronic applications and in flexible textile structures.

LPI (LP Information)' newest research report, the “Electroluminescent Materials Industry Forecast” looks at past sales and reviews total world Electroluminescent Materials sales in 2022, providing a comprehensive analysis by region and market sector of projected Electroluminescent Materials sales for 2023 through 2029. With Electroluminescent Materials sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Electroluminescent Materials industry.

This Insight Report provides a comprehensive analysis of the global Electroluminescent Materials landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Electroluminescent Materials portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Electroluminescent Materials market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electroluminescent Materials and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Electroluminescent Materials.

The global Electroluminescent Materials market size is projected to grow from US$ 5 million in 2022 to US$ 8 million in 2029; it is expected to grow at a CAGR of 8 from 2023 to 2029.

Global giant manufactures mainly distributed in USA and China. The market is not only influenced by the price, but also influenced by the product performance. The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market. Looking to the future years, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin. North America is the largest consumption region of Electroluminescent Materials, with a consumption market share nearly 60% in 2019. The second place is Asia-Pacific; following North America with the consumption market share over 20% in 2019. New investment requires large capital, and it is difficult for small-scale enterprises to enter the industry. Electroluminescent Materials has higher requirements on technology level and processing technology. At present, the market is occupied by Europe and Japan.

This report presents a comprehensive overview, market shares, and growth opportunities of Electroluminescent Materials market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Macromolecular Compound
Low Molecular Compound

Segmentation by application
Lighting
Sensor
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Toray
Idemitsu Kosan Co., Ltd
DOW
Samsung
UDC
LG Chem
Mitsubishi
Sumitomo Chemical Company, Limited
Valiant
Puyang Huicheng Electronic Material Co., Ltd

Key Questions Addressed in this Report

What is the 10-year outlook for the global Electroluminescent Materials market?

What factors are driving Electroluminescent Materials market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Electroluminescent Materials market opportunities vary by end market size?

How does Electroluminescent Materials break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.