Transparent Conductive Films Market

Transparent Conductive Films Market Global Industry Insights, Trends,
Outlook, 2016-2024
Transparent conductive films (TCF) are high-resolution metal based electrode
structures on polyester films. The TCF market offerings include both glass and film built
transparent conductors. Transparent conductive films are used as transparent electrode
components for manufacturing touchscreens, LCDs, and LEDs. Transparent conductive
films find major application in the manufacture of touch-enabled devices due to its
surface resistance and transmittance properties. Other attributes of transparent
conductive films include presence or absence of optical obstructions and resistance to
mechanical stresses.
The TCF market is primarily driven by rising demand for touch-assisted devices and
increasing market penetration of touchscreen smartphones, tablet PCs, and tablets.
Rising population, increasing tech-savvy consumers, and increasing demand for
electronic products in turn are fueling growth of the global transparent conductive films
market.
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Decreasing cost of smartphones along with growing adoption of touch interface devices,
low power consumption devices, and nominal reflection of the devices are also
expected to be the driving factors of transparent conductive films market growth. Lack of
a specific size of transparent conductive film that fits all the devices can be a key factor
restraining the global TCF market growth. Photovoltaic applications offer significant
opportunities for transparent conductive films usage in the near future. Moreover,
escalating demand for touch enabled devices such as tablet PCs and notebooks is also
expected to fuel demand for market during the forecast period (2016-2024). TCF also
find wide application in various in-dash entertainment systems in automobiles.
Increasing consumer inclination towards high-end and touch enabled entertainment
systems in vehicles and increasing automobile production, especially in emerging
markets such as India and China, create a highly conducive environment for market
growth.
The global transparent conductive films market has been geographically segmented into
North America, Europe, Asia Pacific, Middle East, and Africa. Asia Pacific has been the
dominant region in the transparent conductive film market, followed by North America.
Asia Pacific is expected to account for the highest market growth during the forecast
period owing to the increasing adoption rate of touch-enabled devices and presence of
maximum number of electronic device manufacturing units. The growth of TCF market
in Asia Pacific region, especially in India and China is due to the increasing demand for
electronic devices such as smartphones and tablets. With an aim to attain effective
management on production sites, increasing application of notebooks is expected to be
a major driver for the increase in demand for global transparent conductive films
industry.
The key players operating in transparent conductive films market include Nitto Denko
Corporation, 3M Company, DuPont Teijin Films, Toyobo Corporation, Eastman Kodak,
Canatu Oy, Fujifilm Holdings Corporation, Cambrios Technologies Corporation,
DONTECH Inc, and Rolith. Toyobo Co., Ltd (Japan), Teijin Ltd (Japan), TDK
Corporation (Japan) and Nitto Denko Corporation (Japan), are listed as some of the key
manufacturers of transparent conductive films in the Asia-Pacific region. Canatu Oy,
based in Finland, entered into multiple contracts in an effort to supply its conductive
transparent films to various automobile manufacturers across U.S. Transparent
conductive films are used in interior touch control panels of a car and entertainment
system operations on steering wheels or backside of seats with minimal reflectance.
This initiative has helped the company to expand its distribution network in an aim to tap
the larger share of the global transparent conductive films market.
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Transparent Conductive Films Market report categorizes global market by technology, and application - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2016-2024