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The transparent conductive films market is expected to reach USD 8.46 billion by 2026, at a CAGR of 9.4% from 2016 to 2026. Growth in this market can be attributed to the increasing demand for transparent conductive films for smartphones, tablets, LCDs, notebooks, and wearable devices, among others. Transparent conductive films, owing to their excellent properties such as high conductivity, low resistance, and high transparency are widely used in various electronic components.
Based on application, the transparent conductive films market has been segmented into smartphones, tablets, LCDs, notebooks, wearable devices, and others, which includes desktop PC and monitors. The LCDs segment is expected to grow at the highest rate during the forecast period. This growth can be attributed to the significant demand for large screen display units from Asia-Pacific and Europe regions, and use of transparent conductive films in smartphones, notebooks, and wearable devices.
Major market players covered in the report 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.).