Industry Background:
The growing demand due to use in LED will help to boost the global Phosphor market in the forecasted period. A phosphor, most generally, is a substance that exhibits the phenomenon of luminescence. Phosphor layers provide most of the light produced by fluorescent lamps and are also used to improve the balance of light produced by metal halide lamps. Various neon signs use phosphor layers to produce different colors of light.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
Key Companies Profiled | UBE Industries (Japan), Materion (United States), Intermatix (United States), EUCOM (Germany), Mitsubishi Chemical (Japan) and Dongtai Tianyuan Fluorescent Materials (China) |
This growth is primarily driven by High Demand due to Applications in Fluorescent Lighting and Adoption of Energy Efficiency Certification Program.
Globally, a noticeable market trend is evident Growing Demand due to Progression & Development of Innovative Phosphor Solutions
The Consumer Goods sector in the North America region has been increasing at a sustainable rate, and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as UBE Industries (Japan), Materion (United States), Intermatix (United States), EUCOM (Germany), Mitsubishi Chemical (Japan) and Dongtai Tianyuan Fluorescent Materials (China), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. Leading key players are focusing on strategic partnerships to improve their products and services. Companies are focusing on increasing their client base to strengthen market position and to enhance product & service offerings.
Influencing Trend:
Growing Demand due to Progression & Development of Innovative Phosphor Solutions and Breakthrough Innovations and Technological Penetration
Market Growth Drivers:
High Demand due to Applications in Fluorescent Lighting and Adoption of Energy Efficiency Certification Program
Restraints:
Availability of Substitutes such as Quantum Dots
Opportunities:
Modern Techniques of Inventing and Implementing Color Schemes in LEDs
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Phosphor Market
- Analysis about New Entrants in Phosphor Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Phosphor Study Sheds Light on
The Phosphor Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Phosphor industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Phosphor industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.