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Electronics Films Market Trends

  • Report ID: GMI8732
  • Published Date: Mar 2024
  • Report Format: PDF

Electronics films Market Trends

With rising awareness of environmental issues, there is a notable trend in the electronic film market towards the development and adoption of sustainable and eco-friendly solutions. Companies are investing in research and development to create electronic films made from renewable or recycled materials, as well as exploring manufacturing processes that minimize environmental impact. This trend aligns with consumer preferences for products that are environmentally responsible and contribute to sustainability efforts. For example, the introduction of foldable smartphones such as the Samsung Galaxy Z Fold series and the Motorola Razr has fueled the demand for electronic films capable of withstanding repeated bending and folding without compromising performance. In Another instance, Companies like Eastman Chemical Company have introduced sustainable electronic film solutions, such as Eastman Tritan Renew copolyester, which contains up to 50% recycled content derived from post-consumer waste.
 

As consumer preferences shift towards devices with flexible and foldable screens, there is a growing trend in the electronic film market towards films that can accommodate these innovative display technologies. Films with properties such as flexibility, durability, and transparency are in high demand to enable the development of next-generation electronic devices, including smartphones, tablets, and wearable gadgets. Further, 3M Company has implemented eco-friendly manufacturing practices, such as water-based coating technologies and solvent-free adhesives, to reduce emissions and minimize the environmental footprint of its electronic film production processes.

Authors: Suraj Gujar, Sandeep Ugale

Frequently Asked Questions (FAQ) :

Market size for electronics films was valued at over USD 9.5 billion in 2023 and is estimated to cross USD 16.5 billion by 2032, driven by the proliferation of smartphones, tablets, laptops, smart TVs, wearables, and other consumer electronics.

Polymer films segment held a decent market share in 2023 and is expected to register a CAGR of over 6.5% through 2032, due to their versatile properties and wide-ranging applications in electronic devices and components.

Asia Pacific electronics films market held a revenue share of over 35% in 2023 and is set to gain traction till 2032, driven by rapid industrialization and urbanization, leading to increased demand for electronic devices and components.

3M Company, Arkema S.A., Covestro AG, DuPont de Nemours, Inc., Eastman Chemical Company, Evonik Industries AG, LG Chem Ltd. are some of the major industry contenders.

Electronics Films Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 295
  • Countries covered: 22
  • Pages: 210
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