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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, 2018-2026
Transparent Conductive Films Market - Global Industry
Insights, Trends, Outlook, and Opportunity Analysis,
2018-2026
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.
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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.
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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