Get a free sample of Display Material Market
Thank you!
Your inquiry has been received. Our team will reach out to you with the required details via email. To ensure that you don't miss their response, kindly remember to check your spam folder as well!
Form submitted successfully!
Error submitting form. Please try again.
Get a free sample of Display Material Market
Thank you!
Your inquiry has been received. Our team will reach out to you with the required details via email. To ensure that you don't miss their response, kindly remember to check your spam folder as well!
Form submitted successfully!
Error submitting form. Please try again.
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.
What is the market share of OLED technology in the display material industry?
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.
How big is the global display material market?
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.
Who are the major players in the display material industry?
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.
How much is the U.S. display material market worth?
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.