Major Players - Light Diffusion Film Industry

Jun, 2023 - by CMI

Major Players - Light Diffusion Film Industry

A light diffuser film is a semi-transparent piece of material placed in between a light source and a subject to diffuse the light as it passes through the film. The light diffusion film does not solely block or cut light, but redirects light as it passes through for a diffused light spread on a subject.

The global Light Diffusion Film Market is estimated to surpass U.S. $ 1,032 Million by the end of 2030 in terms of revenue, exhibiting a CAGR of 2.9% during the years (2022-2030).

Key Companies in the Light Diffusion Film Industry:

1) The 3M Company

3M is an American multinational conglomerate operating in the fields of industry, worker safety, healthcare, and consumer goods. The company produces over 60.000 products under several brands. The company was founded in the year 1902, and the headquarters are located in Maplewood, Minnesota, U.S. the company was founded by J. Danley Budd, Henry. S. Bryan, William A. McGonagle, John Dwan, Hermon W. Cable.

In July 2022, the company announced it would spin off its healthcare assets to form a new, independent firm, likely completing the transaction in 2023. 3M will retain an ownership stake of 19.9% in the new, publicly-traded health care company and gradually divest the holdings.

2) SKC

SKC is the leading Korean company in chemical and film industry. SKC was founded and established in 1976 as previous name of Sunkyong Chemicals Ltd. SKC developed polyester films firstly in Korea, by its own efforts. With its main plant and R&D center located in Suwon, South Korea, it also operates large capacity of film plant in Georgia, United States. The company’s headquarters are located In Seoul.

3) IMOTO CO., LTD.

IMOTO CO., LTD. manufactures specialty films used for television monitor and touch-panel screen products of mobile phone. The Company also develops information and communication systems. The company was founded in the year 1949, and the headquarters are located in Tokyo, Japan. The company was founded by Ujihito Kimoto.

As of October 2022, the company attended the light + building 2022 autumn edition, to feature their latest products for the illumination and lighting markers.

4) Avery Denninson

Avery Denninson is a global materials science and digital identification solutions company with locations in over 50 countries. The company provides branding and information labelling solution, including pressure-sensitive materials, radio-frequency identification (RFID) inlays and tags, and a variety of converted products and solutions. The company was founded in the year 1935, and the headquarters are located in Mentor, Ohio.

As of January 2023, Avery Denninson that is has signed an agreement to acquire Thermo patch, a leader specializing in labelling, embellishments, and transfers for the industrial laundry and hospital industries.

5) LINTEC Corporation

LINTEC Corporation manufactures and markets adhesive products and paper. The Company's pressure-sensitive adhesives are used in a wide range of applications such as labelling, sealing, and packaging, as well as marking and window filming in the architecture and automotive industries. Lintec also produces packaging, labelling, and printing machines. The company was founded in the year 1927, and the headquarters are located in Tokyo Japan.

As of February 2023, LINTEC has developed a new line-up of labelstock for variable information printing, which allow for the production of various labels in small lots. Made of paper with excellent water resistance

6)  Tsujiden Co.

Tsujiden Co. is the top manufacturer of the optical film industry and has a high share in the market. It was founded in 1971 and headquartered in Tokyo, Japan. It operates worldwide.

7) Fusion Optix

Fusion Optix is a company that develops next generation LED lighting products, was founded in 2003 and is headquartered in United States. It operates in over 40 countries.

8) Hayashi Felt was founded in 1948, and the headquarter is in Tokyo, Japan. It had its offices in Hong Kong, Thailand and operates through a global network.

Definition: A light diffuser film is a semi-transparent piece of material placed in between a light source and a subject to diffuse the light as it passes through the film.

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