Research Nester has released a report titled “Polymer Dispersed Liquid Crystals (PDLC) Market: Global Demand Analysis & Opportunity Outlook 2030” which also includes some of the prominent market analyzing parameters such as industry growth drivers, restraints, supply and demand risk, along with the impact of COVID-19 and a detailed discussion on the latest trends and future opportunities that are associated with the growth of the market.
Urban population, as a share of total population, around the world, touched 56.15% in the year 2020, up from 46.689% in the year 2000, according to the statistics by the World Bank.
The statistics portray the growing urbanization across the world, which is driving the need for commercial and residential infrastructures. The building and construction industry in the recent years, has witnessed significant advancements in terms of using advanced technology that helps to lower the energy consumption. The concept of green building and the need to meet the Sustainable Development Goals (SDGs) set by the United Nations, is driving the need for advanced materials. Polymer dispersed liquid crystals (PDLCs) are used widely in glass windows as these can control the internal temperature of buildings and also can restrict the amount of external light passing through these films. As a result, these films are highly preferred in buildings, which is anticipated to be one of the major factors driving the market growth. The global polymer dispersed liquid crystals (PDLC) market is anticipated to grow with a CAGR of 12.5% during the forecast period, i.e., 2022-2030. The market is estimated to garner a revenue of USD 1797.8 Million by the end of 2030, up from a revenue of USD 572.0 Million in 2020.
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The global polymer dispersed liquid crystals (PDLC) market is segmented by product type into laminated PDLC, self-adhesive PDLC, and others. By the end of 2030, amongst all the other segments, the laminated PDLC segment is anticipated to attain the largest market revenue of USD 1160.7 Million, by growing with the highest CAGR of 12.7% during the forecast period. On the basis of regional analysis, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Out of these, the market in North America is projected to attain the largest market revenue of USD 747.1 Million by the end of 2030. Further, in the year 2020, the market in the region garnered a revenue of USD 225.9 Million. Numerous favorable properties of the PDLC films and its wide utilization across different end-user industries, is one of the major factors anticipated to drive the growth of the market in the region.
However, the availability of substitutes, and the high cost of PDLC are some of the major factors expected to hinder the growth of the market.
“The Final Report will cover the impact analysis of COVID-19 on this industry.”
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This report also provides the existing competitive scenario of some of the key players of the global polymer dispersed liquid crystals (PDLC) market, which includes company profiling of DMDisplay CO., LTD., Polytronix, Inc., EB Glass, Rayno, Gauzy Ltd, IRISFILM Corp., Magic Film, Unite Glass, Zhiyuan Building Materials Co., Limited, InnoGlass Technology (Qingdao) Co., Ltd., and others.
The profiling enfolds key information of the companies which comprises of business overview, products and services, key financials and recent news and developments. Conclusively, the report titled “Polymer Dispersed Liquid Crystals (PDLC) Market: Global Demand Analysis & Opportunity Outlook 2030”, analyses the overall global polymer dispersed liquid crystals (PDLC) industry to help new entrants to understand the details of the market. In addition to that, this report also guides existing players looking for expansion and major investors looking for investment in the global polymer dispersed liquid crystals (PDLC) market in the near future.
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