Display Materials
A Global Strategic Business Report
MCP11590
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MARKETINGHIGHLIGHTS & REPORT INDEX
Global Display Materials Market to Reach US$42.7 Billion by 2030
The global market for Display Materials estimated at US$37.1 Billion in the year 2024, is expected to reach US$42.7 Billion by 2030, growing at a CAGR of 2.4% over the analysis period 2024-2030. OLED, one of the segments analyzed in the report, is expected to record a 1.9% CAGR and reach US$11.4 Billion by the end of the analysis period. Growth in the LCD segment is estimated at 2.6% CAGR over the analysis period.
The U.S. Market is Estimated at US$9.8 Billion While China is Forecast to Grow at 2.3% CAGR
The Display Materials market in the U.S. is estimated at US$9.8 Billion in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$6.9 Billion by the year 2030 trailing a CAGR of 2.3% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 2.2% and 2.0% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 2.5% CAGR.
Global Display Materials Market - Key Trends and Drivers Summarized
What Constitutes Display Materials and How Are They Integral to Modern Technology?
Display materials form the core of visual technology found in smartphones, televisions, monitors, and other digital displays. These materials are specialized chemicals and compounds designed to emit or manipulate light, playing a crucial role in determining display performance, color accuracy, brightness, and contrast. Major types of display materials include liquid crystals used in LCDs, organic light-emitting diode (OLED) materials, and more recently, quantum dots which enhance color and brightness in high-definition displays. Each material type is suited to specific display technologies and has distinct manufacturing requirements and cost implications, influencing the choice of material for different applications.
Innovations in Display Material Science: Pushing the Boundaries of Visual Technology
The field of display materials is characterized by rapid innovation aimed at improving efficiency, durability, and environmental sustainability. One of the key advancements has been the development of OLED materials, which offer superior color contrast and deeper blacks compared to traditional LCDs. Further, quantum dot technology has made significant inroads in enhancing display brightness and color gamut, crucial for ultra-high-definition (UHD) displays. Additionally, there is ongoing research into environmentally friendly materials that reduce the use of toxic compounds and improve recyclability, such as organic or silicon-based alternatives that offer similar or enhanced performance characteristics compared to traditional inorganic materials.
Applications and Industry Demand for Advanced Display Materials
The applications of advanced display materials are vast and varied across multiple industries. In consumer electronics, the demand for thinner, more energy-efficient, and higher-resolution displays drives the need for innovative materials that can deliver these features. In the automotive sector, durable display materials that can operate reliably in a range of environmental conditions are essential for dashboard and infotainment systems. Additionally, in sectors like healthcare and public safety, high-quality display materials are critical for devices that require absolute clarity and reliability, such as medical imaging equipment and aviation displays. As technology evolves, the demand for materials that can support flexible and wearable displays is also rising, highlighting the need for continuous advancements in material science.
What Drives the Growth in the Display Materials Market?
The growth in the display materials market is driven by several factors, including the escalating demand for smarter, more energy-efficient, and visually superior displays across all sectors of consumer electronics. The relentless pursuit of higher resolution screens equipped with AMOLED and OLED technologies, especially in smartphones and televisions, significantly contributes to this demand. Additionally, the increasing adoption of high-performance displays in the automotive industry, coupled with advances in dashboard and in-vehicle entertainment technologies, fuels the need for specialized display materials. The trend towards sustainable and environmentally friendly materials is also pushing manufacturers to innovate and develop new compounds that meet both performance and ecological standards. Furthermore, as the global economy recovers from disruptions such as those caused by pandemics, the market is expected to see renewed investments in display technologies, driving further innovations and applications in display materials.
SCOPE OF STUDY
The report analyzes the Display Materials market by the following Segments, and Geographic Regions/Countries:
Segments:
Technology (LCD, OLED).
Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World..
SELECT PLAYERS
Asahi Glass Co., Ltd.; Corning, Inc.; cynora GmbH; DIC Corporation; Doosan Corporation Electro-Materials; Dow, Inc.; DuPont de Nemours, Inc.; DUKSAN Neolux Co., Ltd.; JNC Corporation; JSR Corporation; LG Chem; Luminescence Technology Corp.; Merck & Co., Inc.; Nissan Chemical Industries Ltd.; Nitto Denko Avecia Inc.; Samsung SDI Co., Ltd; Sumitomo Chemical Co., Ltd.; Toray Industries, Inc.; Universal Display Corporation
AI INTEGRATIONS
We’re transforming market and competitive intelligence with validated expert content and AI tools.
Instead of following the general norm of querying LLMs and Industry-specific SLMs, we built repositories of content curated from domain experts worldwide including video transcripts, blogs, search engines research, and massive amounts of enterprise, product/service, and market data.
TARIFF IMPACT FACTOR
Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by increasing the Cost of Goods Sold (COGS), reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.
TABLE OF CONTENTS
| I. METHODOLOGY |
| II. EXECUTIVE SUMMARY |
| 1. MARKET OVERVIEW |
| Influencer Market Insights |
| Display Materials – Global Key Competitors Percentage Market Share in 2024 (E) |
| Competitive Market Presence - Strong/Active/Niche/Trivial for 42 Players Worldwide in 2024 (E) |
| Global Economic Update |
| 2. FOCUS ON SELECT PLAYERS |
| 3. MARKET TRENDS & DRIVERS |
| Rising Demand for High-Resolution Displays Drives Growth in Display Materials Market |
| Advances in OLED and AMOLED Technologies Propel Demand for Specialized Display Materials |
| Technological Innovations in Quantum Dots Set the Stage for Growth in Display Materials Market |
| Expansion of Consumer Electronics Market Strengthens Business Case for Display Materials |
| Rising Adoption of Micro-LED Displays Drives Demand for Next-Generation Display Materials |
| Wearable Device Drives Adoption of Flexible and Transparent Display Materials |
| Innovations in Anti-Reflective Coatings Propel Growth in Display Materials Market |
| Touchscreen Technologies Strengthen Demand for Conductive Display Materials |
| Advances in Printable Display Technologies Set the Stage for Growth in Display Materials Market |
| 4. GLOBAL MARKET PERSPECTIVE |
| World Recent Past, Current & Future Analysis for Display Materials by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR |
| World Historic Review for Display Materials by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR |
| World 15-Year Perspective for Display Materials by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2015, 2025 & 2030 |
| World Recent Past, Current & Future Analysis for LCD by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR |
| World Historic Review for LCD by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR |
| World 15-Year Perspective for LCD by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2015, 2025 & 2030 |
| World Recent Past, Current & Future Analysis for OLED by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR |
| World Historic Review for OLED by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR |
| World 15-Year Perspective for OLED by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2015, 2025 & 2030 |
| World Display Materials Market Analysis of Annual Sales in US$ Million for Years 2015 through 2030 |
| III. MARKET ANALYSIS |
| UNITED STATES |
| Display Materials Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2025 (E) |
| USA Recent Past, Current & Future Analysis for Display Materials by Technology - LCD and OLED - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR |
| USA Historic Review for Display Materials by Technology - LCD and OLED Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR |
| USA 15-Year Perspective for Display Materials by Technology - Percentage Breakdown of Value Sales for LCD and OLED for the Years 2015, 2025 & 2030 |
| CANADA |
| Canada Recent Past, Current & Future Analysis for Display Materials by Technology - LCD and OLED - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR |
| Canada Historic Review for Display Materials by Technology - LCD and OLED Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR |
| Canada 15-Year Perspective for Display Materials by Technology - Percentage Breakdown of Value Sales for LCD and OLED for the Years 2015, 2025 & 2030 |
| JAPAN |
| Display Materials Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2025 (E) |
| Japan Recent Past, Current & Future Analysis for Display Materials by Technology - LCD and OLED - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR |
| Japan Historic Review for Display Materials by Technology - LCD and OLED Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR |
| Japan 15-Year Perspective for Display Materials by Technology - Percentage Breakdown of Value Sales for LCD and OLED for the Years 2015, 2025 & 2030 |
| CHINA |
| Display Materials Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2025 (E) |
| China Recent Past, Current & Future Analysis for Display Materials by Technology - LCD and OLED - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR |
| China Historic Review for Display Materials by Technology - LCD and OLED Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR |
| China 15-Year Perspective for Display Materials by Technology - Percentage Breakdown of Value Sales for LCD and OLED for the Years 2015, 2025 & 2030 |
| EUROPE |
| Display Materials Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2025 (E) |
| Europe Recent Past, Current & Future Analysis for Display Materials by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR |
| Europe Historic Review for Display Materials by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR |
| Europe 15-Year Perspective for Display Materials by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2015, 2025 & 2030 |
| Europe Recent Past, Current & Future Analysis for Display Materials by Technology - LCD and OLED - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR |
| Europe Historic Review for Display Materials by Technology - LCD and OLED Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR |
| Europe 15-Year Perspective for Display Materials by Technology - Percentage Breakdown of Value Sales for LCD and OLED for the Years 2015, 2025 & 2030 |
| FRANCE |
| Display Materials Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2025 (E) |
| France Recent Past, Current & Future Analysis for Display Materials by Technology - LCD and OLED - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR |
| France Historic Review for Display Materials by Technology - LCD and OLED Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR |
| France 15-Year Perspective for Display Materials by Technology - Percentage Breakdown of Value Sales for LCD and OLED for the Years 2015, 2025 & 2030 |
| GERMANY |
| Display Materials Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2025 (E) |
| Germany Recent Past, Current & Future Analysis for Display Materials by Technology - LCD and OLED - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR |
| Germany Historic Review for Display Materials by Technology - LCD and OLED Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR |
| Germany 15-Year Perspective for Display Materials by Technology - Percentage Breakdown of Value Sales for LCD and OLED for the Years 2015, 2025 & 2030 |
| ITALY |
| Italy Recent Past, Current & Future Analysis for Display Materials by Technology - LCD and OLED - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR |
| Italy Historic Review for Display Materials by Technology - LCD and OLED Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR |
| Italy 15-Year Perspective for Display Materials by Technology - Percentage Breakdown of Value Sales for LCD and OLED for the Years 2015, 2025 & 2030 |
| UNITED KINGDOM |
| Display Materials Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2025 (E) |
| UK Recent Past, Current & Future Analysis for Display Materials by Technology - LCD and OLED - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR |
| UK Historic Review for Display Materials by Technology - LCD and OLED Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR |
| UK 15-Year Perspective for Display Materials by Technology - Percentage Breakdown of Value Sales for LCD and OLED for the Years 2015, 2025 & 2030 |
| REST OF EUROPE |
| Rest of Europe Recent Past, Current & Future Analysis for Display Materials by Technology - LCD and OLED - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR |
| Rest of Europe Historic Review for Display Materials by Technology - LCD and OLED Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR |
| Rest of Europe 15-Year Perspective for Display Materials by Technology - Percentage Breakdown of Value Sales for LCD and OLED for the Years 2015, 2025 & 2030 |
| ASIA-PACIFIC |
| Display Materials Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2025 (E) |
| Asia-Pacific Recent Past, Current & Future Analysis for Display Materials by Technology - LCD and OLED - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR |
| Asia-Pacific Historic Review for Display Materials by Technology - LCD and OLED Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR |
| Asia-Pacific 15-Year Perspective for Display Materials by Technology - Percentage Breakdown of Value Sales for LCD and OLED for the Years 2015, 2025 & 2030 |
| REST OF WORLD |
| Rest of World Recent Past, Current & Future Analysis for Display Materials by Technology - LCD and OLED - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR |
| Rest of World Historic Review for Display Materials by Technology - LCD and OLED Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR |
| Rest of World 15-Year Perspective for Display Materials by Technology - Percentage Breakdown of Value Sales for LCD and OLED for the Years 2015, 2025 & 2030 |
COMPETITIVE METRICS
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