Global Polymer Dispersed Liquid Crystals (PDLC) Market TOC
Polymer Dispersed Liquid Crystals Market size was over USD 835.35 Million in 2023 and is projected to exceed USD 5.56 Billion by the end of 2036, witnessing over 15.7% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of polymer dispersed liquid crystals is evaluated at USD 953.38 Million. The rising demand for internal partitions, where many businesses are now able to switch between clear and private doors that can also be used as projection screens, represent the main use of PDLC windows. Nissan Micra CC installed a four-sided glass box that was made of 150 switchable glass panels which switched in order to create a dazzling outdoor display.
The polymer dispersed liquid crystals market is growing in the healthcare industry owing to the easily cleaned surfaces and privacy of the patients. In order to control privacy, PDLCs have been installed in both interior and outside environments including conference rooms, Intensive Care rooms, bathroom shower doors, installation areas, or as a temporary projection screen.
Growth Drivers
Challenges
Base Year |
2023 |
Forecast Year |
2024-2036 |
CAGR |
15.7% |
Base Year Market Size (2023) |
USD 835.35 Million |
Forecast Year Market Size (2036) |
USD 5.56 Billion |
Regional Scope |
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Product (Laminated PDLC, Self-Adhesive PDLC)
The laminated PDLC segment is estimated to hold 70% share of the global polymer dispersed liquid crystals market by 2036 and is expected to proliferate during the forecast period. The increasing demand for lamination PDLC in the construction and building industry will drive the industry growth. Also, the lamination PDLC is easy to clean and their minimal energy-consuming properties are significantly escalating the business growth. The laminated PDLC enhances the well-being of the user with access to natural light and spatial control. Moreover, they are available in various shapes with holes and notches. Thus, the striving properties of the polymer-dispersed liquid crystals are steering the market growth of laminated PDLC.
Application (Architecture, Automotive, Electronics)
Polymer dispersed liquid crystals (PDLC) market from the automotive segment to hold the largest share of 36.7% by 2036. As a result of the increasing demand for head-up displays and rear-view mirrors, the automotive sector accounted for the biggest market share in global PDLC film production in 2017. HUDs are devices that project information onto the vehicle's windshield, allowing a driver to keep his eyes focused on the road whilst receiving important information. Another type of automotive application using PDLC film is rear-view mirrors. The increasing demand for PDLC in automotive is driving the market growth.
Our in-depth analysis of the global polymer dispersed liquid crystals market includes the following segments:
Product |
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Technology |
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Application |
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End-User |
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North America Market Forecast
The polymer dispersed liquid crystals (PDLC) market in North America to hold a revenue share of 35% by the end of 2036. Alternatively, the market in Canada is anticipated to grow with the highest CAGR of 14.4% during the forecast period. In addition, the region's market is expected to grow at a compound annual growth rate of 13.1% over the forecast period. It is also projected that rising demand for photographic plates and films will fuel market expansion in the area. The US imports of photographic plates and films, including PDLC, increased from USD 93356 thousand in 2015 to USD 233597 thousand in 2020, according to the International Trade Centre (ICT).
APAC Market Statistics
Asia Pacific polymer dispersed liquid crystals market is estimated to hold a significant share of 28%. In view of the increased demand for manufactured products from the end-use industry, e.g. automotive, architecture, electronics, and other sectors, it is also expected that this region will experience a significant increase in its compound annual growth rate between 2022 and 2030. On the back of rapidly industrializing and increasing consumption's discretionary income level, China accounted for over 80% of Asia Pacific regional market revenues in 2019.
Author Credits: Rajrani Baghel
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