According to a new report published by Transparency Market Research, the increasing expansion of automotive industry and robust foreign direct investments in different sectors of the Asia Pacific region will fuel the growth of the global polymer dispersed liquid crystal market.
The report has segmented the global PDLC market, in terms of regional perspective, into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Among these, Asia Pacific is dominating the global PDLC market owing to the significant expansion of the automotive as well as building & construction industry in the various economies of the region.
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North America, following the footsteps of Asia Pacific region, will contribute significantly to the growth of the global PDLC market owing to the increasing applications of PDLC films in marine, aviation industries, and power generation. Furthermore, the PDLC market in Europe is also expanding at a steady pace owing to the increasing prominence of green energy initiatives like eco-friendly & green buildings in the region. Also, the market for PDLC films in the Middle East & Africa and Latin America are expected to record a sluggish growth rate as compared to other regions, due to low product awareness.
The TMR report has included a major key players operating in the PDLC film market to give a better competitive landscape and these include Polytronix, Inc., Qingdao QY Liquid Crystal Co., Ltd., DMDisplay CO. LTD, and IRISFILM Corp.
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