발광재료 시장 예측(-2034년) : 재료 유형별, 발광 유형별, 형태별, 용도별, 산업별, 지역별

According to Stratistics MRC, the Global Luminescent Materials Market is accounted for $9.8 billion in 2026 and is expected to reach $22.8 billion by 2034 growing at a CAGR of 11.1% during the forecast period. Luminescent materials are substances capable of emitting light after absorbing energy from external sources such as electricity, ultraviolet radiation, chemical reactions, or mechanical stimulation. These materials exhibit properties including fluorescence, phosphorescence, electroluminescence, and photoluminescence, making them essential in display technologies, lighting, medical imaging, optical sensors, security printing, and advanced electronics. Common luminescent materials include phosphors, quantum dots, rare-earth compounds, and organic luminescent materials. Continuous advancements in optoelectronics and display technologies are driving the development and commercialization of high-performance luminescent materials globally.

Market Dynamics:

Driver:

Growing demand for advanced displays

High-performance luminescent materials improve brightness, color purity, energy efficiency, and visual quality in OLED displays, LED displays, quantum dot technologies, and next-generation electronic devices. Consumer electronics manufacturers are investing in advanced display technologies to enhance user experience. Continuous innovation in display performance is increasing material adoption. Expanding production of premium electronic devices is strengthening market demand. Technological advancements continue to support long-term industry growth.

Restraint:

High rare-earth material dependency

Production of many luminescent compounds relies on rare-earth elements whose extraction, processing, and availability are concentrated in limited geographic regions. Supply concentration increases procurement risks for manufacturers. Material cost fluctuations can affect production economics and pricing strategies. Alternative material development requires significant research investment. Resource dependency continues to challenge supply stability.

Opportunity:

Next-generation display innovations

Emerging technologies including micro-LED, quantum dot displays, flexible screens, and transparent displays require advanced luminescent materials capable of delivering superior optical performance and energy efficiency. Material developers are introducing new formulations to meet evolving display requirements. Product innovation supports higher image quality and lower power consumption. Expanding applications in consumer electronics are creating new commercial opportunities. Technology evolution continues to broaden market potential.

Threat:

Rare-earth supply chain disruptions

Interruptions in mining, processing, or international trade of critical rare-earth elements can delay production, increase manufacturing costs, and reduce material availability for display manufacturers. Geopolitical tensions may further affect global supply reliability. Procurement uncertainty complicates long-term production planning. Manufacturers are seeking diversified sourcing strategies to reduce supply risks. Stable raw material availability remains essential for market growth.

Covid-19 Impact:

The COVID-19 pandemic created temporary disruptions across the Luminescent Materials market through manufacturing shutdowns, logistics constraints, and interruptions in global electronics supply chains. Growing demand for laptops, monitors, televisions, smartphones, and digital communication devices during remote work and online learning partially offset the impact of production slowdowns. Consumer electronics manufacturing recovered steadily as restrictions eased. Investments in advanced display technologies resumed during the recovery period. Supply chain resilience improved through diversified sourcing strategies. Long-term demand remained supported by continuous innovation in display applications.

The phosphors segment is expected to be the largest during the forecast period

The phosphors segment is expected to account for the largest market share during the forecast period as phosphor materials remain essential for producing efficient light emission, accurate color reproduction, and high luminous performance across LED lighting, display technologies, automotive lighting, and industrial applications. Broad commercial adoption supports consistent market demand. Continuous improvements in phosphor efficiency enhance product performance. Compatibility with multiple lighting and display technologies strengthens market leadership. Established manufacturing ecosystems further support segment dominance.

The display panels segment is expected to have the highest CAGR during the forecast period

Over the forecast period, the display panels segment is predicted to witness the highest growth rate due to rapid expansion of OLED, micro-LED, quantum dot, and flexible display technologies requiring advanced luminescent materials with enhanced optical properties and lower energy consumption. Consumer demand for premium display quality continues to accelerate technology adoption. Manufacturers are increasing investments in next-generation panel production. Material innovation supports improved brightness and color performance. Expanding electronics markets are expected to drive strong segment growth.

Region with largest share:

During the forecast period, the North America region is expected to hold the largest market share owing to widespread adoption of high-performance display and lighting technologies. Leading technology companies continue investing in advanced optical materials. Well-developed innovation ecosystems encourage commercialization of next-generation products. Strong industrial demand supports consistent material consumption. Technological leadership reinforces regional market strength.

Region with highest CAGR:

Over the forecast period, the Asia Pacific region is anticipated to exhibit the highest CAGR driven by rising consumer electronics demand, and continuous investments in semiconductor and advanced display technologies. Major manufacturing hubs are expanding production capacity for premium electronic devices. Government support for high-technology industries encourages material innovation. Growing exports of display products strengthen regional demand. Industrial expansion is expected to sustain rapid market growth.

Key players in the market

Some of the key players in Luminescent Materials Market include Merck KGaA, OSRAM GmbH, Nichia Corporation, Seoul Semiconductor Co., Ltd., Mitsubishi Chemical Group Corporation, Resonac Holdings Corporation, American Elements, Nanosys, Inc., Samsung Electronics Co., Ltd., LG Chem Ltd., Sumitomo Chemical Co., Ltd., BASF SE, Saint-Gobain S.A., Shin-Etsu Chemical Co., Ltd. and Dow Inc.

Key Developments:

In November 2025, Mitsubishi Chemical commercialized an advanced functional electrolyte formulation featuring localized fluorinated additive arrays designed specifically to protect high-voltage (exceeding $4.5\text{V}$) lithium-ion battery platforms. The additive package forms a robust, thin Solid Electrolyte Interphase (SEI) layer that prevents gas generation and active transition metal dissolution at elevated operating parameters.

In October 2025, Merck KGaA introduced a specialized portfolio of high-purity chemical precursors, ionic liquids, and surface-passivation materials engineered for next-generation sodium-ion battery platforms. The tailored chemical formulations minimize trace water contamination down to single-digit parts per million (ppm), preventing early electrolyte breakdown.

Material Types Covered:

• Phosphors
• Quantum Dots
• Rare Earth Compounds
• Organic Luminescent Materials
• Other Material Types

Emission Types Covered:

• Fluorescent
• Phosphorescent
• Electroluminescent
• Chemiluminescent
• Other Emission Types

Forms Covered:

• Powder
• Film
• Crystal
• Dispersion
• Other Forms

Applications Covered:

• LED Lighting
• Display Panels
• Medical Imaging
• Security Marking
• Other Applications

Industries Covered:

• Electronics
• Healthcare
• Automotive
• Defense
• Other Industries

Regions Covered:

• North America
  • United States
  • Canada
  • Mexico
• Europe
  • United Kingdom
  • Germany
  • France
  • Italy
  • Spain
  • Netherlands
  • Belgium
  • Sweden
  • Switzerland
  • Poland
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Thailand
  • Malaysia
  • Singapore
  • Vietnam
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Colombia
  • Chile
  • Peru
  • Rest of South America
• Rest of the World (RoW)
  • Middle East
• Saudi Arabia
• United Arab Emirates
• Qatar
• Israel
• Rest of Middle East
  • Africa
• South Africa
• Egypt
• Morocco
• Rest of Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2023, 2024, 2025, 2026, 2027, 2028, 2030, 2032 and 2034
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

• 1.1 Market Snapshot and Key Highlights
• 1.2 Growth Drivers, Challenges, and Opportunities
• 1.3 Competitive Landscape Overview
• 1.4 Strategic Insights and Recommendations

2 Research Framework

• 2.1 Study Objectives and Scope
• 2.2 Stakeholder Analysis
• 2.3 Research Assumptions and Limitations
• 2.4 Research Methodology
  • 2.4.1 Data Collection (Primary and Secondary)
  • 2.4.2 Data Modeling and Estimation Techniques
  • 2.4.3 Data Validation and Triangulation
  • 2.4.4 Analytical and Forecasting Approach

3 Market Dynamics and Trend Analysis

• 3.1 Market Definition and Structure
• 3.2 Key Market Drivers
• 3.3 Market Restraints and Challenges
• 3.4 Growth Opportunities and Investment Hotspots
• 3.5 Industry Threats and Risk Assessment
• 3.6 Technology and Innovation Landscape
• 3.7 Emerging and High-Growth Markets
• 3.8 Regulatory and Policy Environment
• 3.9 Impact of COVID-19 and Recovery Outlook

4 Competitive and Strategic Assessment

• 4.1 Porter's Five Forces Analysis
  • 4.1.1 Supplier Bargaining Power
  • 4.1.2 Buyer Bargaining Power
  • 4.1.3 Threat of Substitutes
  • 4.1.4 Threat of New Entrants
  • 4.1.5 Competitive Rivalry
• 4.2 Market Share Analysis of Key Players
• 4.3 Product Benchmarking and Performance Comparison

5 Global Luminescent Materials Market, By Material Type

• 5.1 Phosphors
• 5.2 Quantum Dots
• 5.3 Rare Earth Compounds
• 5.4 Organic Luminescent Materials
• 5.5 Other Material Types

6 Global Luminescent Materials Market, By Emission Type

• 6.1 Fluorescent
• 6.2 Phosphorescent
• 6.3 Electroluminescent
• 6.4 Chemiluminescent
• 6.5 Other Emission Types

7 Global Luminescent Materials Market, By Form

• 7.1 Powder
• 7.2 Film
• 7.3 Crystal
• 7.4 Dispersion
• 7.5 Other Forms

8 Global Luminescent Materials Market, By Application

• 8.1 LED Lighting
• 8.2 Display Panels
• 8.3 Medical Imaging
• 8.4 Security Marking
• 8.5 Other Applications

9 Global Luminescent Materials Market, By Industry

• 9.1 Electronics
• 9.2 Healthcare
• 9.3 Automotive
• 9.4 Defense
• 9.5 Other Industries

10 Global Luminescent Materials Market, By Geography

• 10.1 North America
  • 10.1.1 United States
  • 10.1.2 Canada
  • 10.1.3 Mexico
• 10.2 Europe
  • 10.2.1 United Kingdom
  • 10.2.2 Germany
  • 10.2.3 France
  • 10.2.4 Italy
  • 10.2.5 Spain
  • 10.2.6 Netherlands
  • 10.2.7 Belgium
  • 10.2.8 Sweden
  • 10.2.9 Switzerland
  • 10.2.10 Poland
  • 10.2.11 Rest of Europe
• 10.3 Asia Pacific
  • 10.3.1 China
  • 10.3.2 Japan
  • 10.3.3 India
  • 10.3.4 South Korea
  • 10.3.5 Australia
  • 10.3.6 Indonesia
  • 10.3.7 Thailand
  • 10.3.8 Malaysia
  • 10.3.9 Singapore
  • 10.3.10 Vietnam
  • 10.3.11 Rest of Asia Pacific
• 10.4 South America
  • 10.4.1 Brazil
  • 10.4.2 Argentina
  • 10.4.3 Colombia
  • 10.4.4 Chile
  • 10.4.5 Peru
  • 10.4.6 Rest of South America
• 10.5 Rest of the World (RoW)
  • 10.5.1 Middle East
    • 10.5.1.1 Saudi Arabia
    • 10.5.1.2 United Arab Emirates
    • 10.5.1.3 Qatar
    • 10.5.1.4 Israel
    • 10.5.1.5 Rest of Middle East
  • 10.5.2 Africa
    • 10.5.2.1 South Africa
    • 10.5.2.2 Egypt
    • 10.5.2.3 Morocco
    • 10.5.2.4 Rest of Africa

11 Strategic Market Intelligence

• 11.1 Industry Value Network and Supply Chain Assessment
• 11.2 White-Space and Opportunity Mapping
• 11.3 Product Evolution and Market Life Cycle Analysis
• 11.4 Channel, Distributor, and Go-to-Market Assessment

12 Industry Developments and Strategic Initiatives

• 12.1 Mergers and Acquisitions
• 12.2 Partnerships, Alliances, and Joint Ventures
• 12.3 New Product Launches and Certifications
• 12.4 Capacity Expansion and Investments
• 12.5 Other Strategic Initiatives

13 Company Profiles

• 13.1 Merck KGaA
• 13.2 OSRAM GmbH
• 13.3 Nichia Corporation
• 13.4 Seoul Semiconductor Co., Ltd.
• 13.5 Mitsubishi Chemical Group Corporation
• 13.6 Resonac Holdings Corporation
• 13.7 American Elements
• 13.8 Nanosys, Inc.
• 13.9 Samsung Electronics Co., Ltd.
• 13.10 LG Chem Ltd.
• 13.11 Sumitomo Chemical Co., Ltd.
• 13.12 BASF SE
• 13.13 Saint-Gobain S.A.
• 13.14 Shin-Etsu Chemical Co., Ltd.
• 13.15 Dow Inc.