Transparent Conductive Films Market Status & Revenue Forecast Recorded During Forecast Period by 2026

2022-05-02 08:01:15 UTC | Chemicals & Advanced Materials
Transparent Conductive Films Market Status & Revenue Forecast Recorded During Forecast Period by 2026

The Transparent Conducting Films (TCF) are conductive and optically transparent films used in various electronic devices. Transparent conductive films are thin and are widely used as electrodes for low resistance of products. Major companies operating in the transparent conductive films market are Teijin Ltd (Japan), Toyobo Co., Ltd (Japan), Nitto Denko Corporation (Japan), TDK Corporation (Japan), Canatu Oy (Finland), Cambrios Technologies Corporation (U.S.), C3Nano (U.S.), Gunze (Japan), Dontech Inc. (U.S.), and Blue Nano Inc. (U.S.). 

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The smartphones application segment of transparent conductive films market, accounted for a major share of the transparent conductive films in 2016, followed by tablets, and notebooks application. The demand for smartphone is rapidly increasing due to its advance computing capabilities, connectivity, and advance multimedia features. Various Operating Systems developer (OS) has also played a pivotal role in the advancement of technology of smartphones. Android, iOS, Windows Phone, BlackBerry, Symbian, and others are some of the major OS. Connectivity has also played a major role in the growth of smartphones application. 3G telecommunications and Wi-Fi configuration are the major connectivity components behind the growth of smartphones.

Transparent conductive films, owing to their excellent properties of high conductivity, low resistance, and high transparency are widely used in smartphones, tablets, notebooks, LCDs, wearable devices, and others. 

Some of the important strategies adopted by key companies in the market are new product developments, partnerships, contracts, and expansions. These companies are also investing in R&D activities to expand their product portfolio and position in the transparent conductive films market. 

Teijin Ltd. was founded in 1918 and is headquartered in Tokyo, Japan. With a total of 151 companies under the Teijin Group (56 in Japan and 95 overseas), the company has a strong network across the globe. The company, through its strategic developments such as expansions, consolidates its films business segment. For instance, in 2012, Teijin expanded the Matsuyama Plant in Ehime prefecture, Japan, by adding new equipment to process resin into film with superior optical properties, which include high quality conductive films. The company provides transparent conductive films through its brand ELECLEAR; this brand accounts for a considerable share of the transparent conductive films market. 

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Nitto Denko Corporation (Japan) offers a wide range of value-added products in the global market including automotive materials and parts. The company is one of the major manufacturers of transparent conductive films. Nitto Denko caters to the demand of touch display manufacturers through its brand ELECRYSTA. The company plans to invest in the production facility of polarizing films, which are used in liquid crystal displays. This production unit is expected to be commissioned by 2018 in China. With the operation of this plant, the company will be able to retain its competitive position in China.      

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