TAC Film market size is forecast to reach $6.8 billion by 2025, after growing at a CAGR of 6.5% during 2020-2025. With rise in consumption of LCD displays and film base, which were used in a wide variety of applications, including LCD TVs, personal computers, cell phones and car navigation systems. Cellulose triacetate film (TAC film), which protects the polarizer, is the key component in LCD display. Growing public interest towards electronics products will further enhance the overall market demand for fuel additives during the forecast period.

Key Takeaways
Asia-Pacific dominates the TAC Film market as they are the largest exporters of electronics products. 
The growing popularity for Electronics products such as mobile phone, LED or LCD TV, car navigation system and others, is likely to aid in the market growth of TAC film.
Increasing adoption of sustainable and environment friendly products, implementation of stringent government regulations will be the small hurdles for the TAC Film market.
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By Geography – Segment Analysis

APAC holds the largest market share for TAC Film market, as they are the largest producers of electronics devices. TAC films are majorly used in electronics devices such as LCD TVs, personal computers, cell phones and car navigation systems. Countries such as China, Taiwan, South Korea, are the largest exporters in this region. In cell phones or tv or in other electronic devices, TAC films protect the polarizing plate (an LCD component used in electronic devices). As the polarizer, a key component of the polarizing plate, is made of a thin membrane, and has low strength, it must be protected by the TAC film that is transparent, but very strong. The TAC film can be said to be a core material for making solid TVs.

Drivers – TAC Film market


Growing demand for RO purifier in countries beside sea

Increasing Innovations  such as AI, IOTs
 
 Market Landscape

Technology launches, acquisitions and R&D activities are key strategies adopted by players in the TAC Film market. Major players in the TAC Film Market are Catalina Graphic Films., Incorporated, Cayman Chemical, China Lucky Film Group Corporation, Fujifilm Global Graphic Systems Co., Ltd., Hyosung Corporation among others.

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