Zion Market Research, the market research group announced the analysis report titled ‘Dielectric Material Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016-2024’
Global Dielectric Material Market: Overview
A substance through which passing of electricity is not permitted is known as the dielectric material. The dielectric materials cannot conduct electricity like the metals as they do not have free electrons. There are some other unique properties that the dielectric materials have which affect other electrical phenomena. The force in the midst of two electrical charges in the vacuum is large as compared to the dielectric, while the amount of energy stored in the electric field of vacuum is less as compared to dielectric medium.
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Global Dielectric Material Market: Segmentation
The dielectric market is globally segmented into its technology, application, and material. On the basis of technology, the global market is segregated into LED, LED-LCD, LCOS, OLED, TFT-LCD, plasma, and DLP. Based on the application, the market is categorized into 3D, flexible, conventional, and transparent. Depending on the materials, the global market is bifurcated into a metal oxide, LTPS, PEN, a-silicon, PET, and photonic crystals.
Global Dielectric Material Market: Growth Factors
The key factor that is driving the dielectric material market is the rising demand for the consumer electronics especially the display products such as smartphones, laptops, tablets, and television. The materials with which these products are manufactured are undergoing various technological advancements which are fueling the growth of the market. There are advancements being made in the type of displays such as rollable displays, flexible displays, and foldable displays thus increasing the demand for the dielectric materials. The recent trend of consumers preferring technologically advanced displays rather than simple displays and the increasing revenue of the consumer electronics will open new opportunities in the global dielectric materials market. There are factors that are affecting the growth of the market in an unfavorable manner such as the high cost of the raw materials and the lack of the skilled labor.
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Global Dielectric Material Market: Regional Analysis
The global dielectric material is regionally diversified into Asia Pacific, North America, Europe, and Rest of the World. The region that holds a significant position in the global market is Asia Pacific region. The main factor that is contributing to the growth of the market is the presence of the major manufacturing hubs in the emerging countries such as China, India, and Japan. Japan and China dominate the market of consumer electronics as they are the leading producers. The other factor that benefits the growth of the market is the initiatives that are taken by the government to improve the electronic sector. North America holds the second spot in the global market. The factors that attribute to the growth of the dielectric materials market is the increased adoption rate and the rising purchasing power of the consumers.
Global Dielectric Material Market: Competitive Players
The major market players in the dielectric materials market include Kent Displays, LG Display, Precision Materials, Schott AG, Kolon Industries, Honeywell Electronics Materials, Plextronics, BASF, Corning Incorporated, Dupont Display, NEC Display Solutions, Samsung Display Solutions, Samsung Corning, Photonics, Polyera Corporation, Plastic Logic, Merck Performance Materials, Tecnisco, Materion Corporation, and Novaled AG.
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Global Dielectric Material Market by Geographical Analysis: North America( U.S.), Europe( UK, France, Germany), Asia-Pacific (China, Japan, India), Latin America( Brazil), Middle East and Africa
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