Global Polarizing
Films Market is anticipated to grow at a significant CAGR in the
forthcoming years. Polarization is referred as orientation and can be
categorized as light and wave polarization. Wave polarization usually occurs
for vector fields. And for light the vectors are electric and magnetic fields
and the light’s polarization travels along the direction of electric field.
Polarization also takes place due
to reflection under which ordinary light is partially polarized after being
reflected and the reflection coefficient for constituent’s oscillations is
parallel to the plane of incidence and is always lower than the coefficient for
oscillation component at right angles to that plane.Commercially, such
techniques are used in aerospace and defence aircrafts for precision and also
in LCD displays for better picture quality.
Driving factors responsible for the
growth of reflective polarizing films market include extensive use of
polarizing films particularly in LCD displays. Also, the inception of
reflective polarizing films in developing economies propels the market growth.
Moreover, the technological advancements and growth in R&D activities
accelerates the market growth. Additionally, the significant characteristics
exhibited by polarizing films is a key factor responsible for the market
growth.
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Based on segmentation by type, the
polarizing films market include low contrast and high contrast. Based on
segmentation by layer, the polarizing films market include multilayer and
single layer. Based on segmentation by type, the polarizing films market is
segmented into linear polarizer, polarizer by Fresnel reflection, birefringent
polarizers, thin film polarizers and wire-grid polarizers.
Linear polarizer is further
sub-categorized into absorptive polarizers and beam-splitting polarizers.
Based on segmentation by geography, the polarizing films market includes
North America, Latin America, Europe, Asia-Pacific, Middle-East and Africa.
APAC market is gaining positive
traction owing to rise in technological advances. North America and Europe
market is also growing at a positive CAGR currently and is expected to grow
consistently in the near future. MEA regions are also growing at a higher CAGR
and expected to continue growing at an elevated CAGR in distant future.
The key players in the polarizing films market include Dai Nippon
Printing Co Ltd, DuPont, 3M Company, EFun Technology Co Ltd, Fusion Optix Ltd,
Gamma Optical Co Ltd, Kolon Industries Inc,
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