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Display Material Market Share

Report ID: GMI12692
Published Date: Dec 2024
Report Format: PDF

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Display Material Market Share

The display material industry is characterized by intense competition driven by several key factors. Players like Corning Incorporated, LG Chem, Ltd., and Merck KGaA compete on innovation and product differentiation, focusing on advanced technologies such as OLEDs, quantum dots, and high-performance substrates to meet the growing demand for high-resolution displays. Pricing strategies also play a critical role, as manufacturers strive to balance cost competitiveness with maintaining quality.

Distribution networks are another competitive factor, with companies ensuring robust global supply chains to meet regional demands efficiently. Additionally, firms are vying to enhance sustainability credentials, addressing environmental concerns to align with market trends and regulatory requirements. Overall, the competition revolves around technological advancements, cost efficiency, customer-centric solutions, and regional adaptability.

Display Material Market Companies

Major players operating in the display material industry are:

Corning Incorporated
DIC Corporation
DowDuPont Inc.
Hitachi Chemical Co., Ltd.
Idemitsu Kosan Co., Ltd.
Innolux Corporation
Japan Display Inc.
JNC Corporation
Kyulux, Inc.
LG Chem, Ltd.
Lumileds Holding B.V.
Merck KGaA
Nanoco Technologies Limited
Nitto Denko Corporation
Samsung Display Co., Ltd.
Sumitomo Chemical Co., Ltd.

Authors: Suraj Gujar , Saptadeep Das

Frequently Asked Questions (FAQ) :

The global market size for display material was valued at USD 34.8 billion in 2024 and is projected to reach USD 48.8 billion by 2034, driven by a CAGR of 3.6% during the forecast period, fueled by the rising demand for advanced consumer electronics.

OLED technology held a 10.7% market share in 2024, driven by its unmatched visual clarity, deeper blacks, and vibrant colors, making it the preferred choice for premium devices like smartphones and high-end TVs.

The U.S. accounted for 87.4% of the North American market in 2024, driven by its leadership in technological innovation and high consumer spending on electronics.

Major players in the industry include Corning Incorporated, DIC Corporation, DowDuPont Inc., Hitachi Chemical Co., Ltd., Idemitsu Kosan Co., Ltd., Innolux Corporation, Japan Display Inc., JNC Corporation, Kyulux, Inc., LG Chem, Ltd., Lumileds Holding B.V., Merck KGaA, Nanoco Technologies Limited, Nitto Denko Corporation, Samsung Display Co., Ltd., and Sumitomo Chemical Co., Ltd.