
The global market for Light Conversion Material was valued at US$ 412 million in the year 2024 and is projected to reach a revised size of US$ 727 million by 2031, growing at a CAGR of 8.6% during the forecast period.
A light conversion agent is a fluorescent material that can convert UV light into blue-violet light or red-orange light. In recent years, it has attracted extensive attention and has been actively developed.
North American market for Light Conversion Material is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Asia-Pacific market for Light Conversion Material is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The major global manufacturers of Light Conversion Material include Hitachi Chemical, Haiyou New Materials, Baotou Research Institute of Rare Earths, ADEKA, Shipro Kasei, Mitsubishi Chemical, Nemoto, BASF, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Light Conversion Material, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Light Conversion Material.
The Light Conversion Material market size, estimations, and forecasts are provided in terms of output/shipments (Tons) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Light Conversion Material market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Light Conversion Material manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Hitachi Chemical
Haiyou New Materials
Baotou Research Institute of Rare Earths
ADEKA
Shipro Kasei
Mitsubishi Chemical
Nemoto
BASF
by Type
Fluorescent Dyes
Organic Rare-Earth Complexes
Inorganic Rare-Earth Complexes
by Application
Solar Battery
Agricultural Film
Anti-Counterfeit Labels
Biological Imaging
UV Detection
Other
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Europe
Germany
France
U.K.
Italy
Russia
Rest of Europe
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Light Conversion Material manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Light Conversion Material by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Light Conversion Material in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
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1 Light Conversion Material Market Overview
1.1 Product Definition
1.2 Light Conversion Material by Type
1.2.1 Global Light Conversion Material Market Value Growth Rate Analysis by Type: 2024 VS 2031
1.2.2 Fluorescent Dyes
1.2.3 Organic Rare-Earth Complexes
1.2.4 Inorganic Rare-Earth Complexes
1.3 Light Conversion Material by Application
1.3.1 Global Light Conversion Material Market Value Growth Rate Analysis by Application: 2024 VS 2031
1.3.2 Solar Battery
1.3.3 Agricultural Film
1.3.4 Anti-Counterfeit Labels
1.3.5 Biological Imaging
1.3.6 UV Detection
1.3.7 Other
1.4 Global Market Growth Prospects
1.4.1 Global Light Conversion Material Production Value Estimates and Forecasts (2020-2031)
1.4.2 Global Light Conversion Material Production Capacity Estimates and Forecasts (2020-2031)
1.4.3 Global Light Conversion Material Production Estimates and Forecasts (2020-2031)
1.4.4 Global Light Conversion Material Market Average Price Estimates and Forecasts (2020-2031)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Light Conversion Material Production Market Share by Manufacturers (2020-2025)
2.2 Global Light Conversion Material Production Value Market Share by Manufacturers (2020-2025)
2.3 Global Key Players of Light Conversion Material, Industry Ranking, 2023 VS 2024
2.4 Global Light Conversion Material Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global Light Conversion Material Average Price by Manufacturers (2020-2025)
2.6 Global Key Manufacturers of Light Conversion Material, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Light Conversion Material, Product Offered and Application
2.8 Global Key Manufacturers of Light Conversion Material, Date of Enter into This Industry
2.9 Light Conversion Material Market Competitive Situation and Trends
2.9.1 Light Conversion Material Market Concentration Rate
2.9.2 Global 5 and 10 Largest Light Conversion Material Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Light Conversion Material Production by Region
3.1 Global Light Conversion Material Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.2 Global Light Conversion Material Production Value by Region (2020-2031)
3.2.1 Global Light Conversion Material Production Value by Region (2020-2025)
3.2.2 Global Forecasted Production Value of Light Conversion Material by Region (2026-2031)
3.3 Global Light Conversion Material Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.4 Global Light Conversion Material Production Volume by Region (2020-2031)
3.4.1 Global Light Conversion Material Production by Region (2020-2025)
3.4.2 Global Forecasted Production of Light Conversion Material by Region (2026-2031)
3.5 Global Light Conversion Material Market Price Analysis by Region (2020-2025)
3.6 Global Light Conversion Material Production and Value, Year-over-Year Growth
3.6.1 North America Light Conversion Material Production Value Estimates and Forecasts (2020-2031)
3.6.2 Europe Light Conversion Material Production Value Estimates and Forecasts (2020-2031)
3.6.3 China Light Conversion Material Production Value Estimates and Forecasts (2020-2031)
3.6.4 Japan Light Conversion Material Production Value Estimates and Forecasts (2020-2031)
4 Light Conversion Material Consumption by Region
4.1 Global Light Conversion Material Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
4.2 Global Light Conversion Material Consumption by Region (2020-2031)
4.2.1 Global Light Conversion Material Consumption by Region (2020-2025)
4.2.2 Global Light Conversion Material Forecasted Consumption by Region (2026-2031)
4.3 North America
4.3.1 North America Light Conversion Material Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.3.2 North America Light Conversion Material Consumption by Country (2020-2031)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Light Conversion Material Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.4.2 Europe Light Conversion Material Consumption by Country (2020-2031)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Light Conversion Material Consumption Growth Rate by Region: 2020 VS 2024 VS 2031
4.5.2 Asia Pacific Light Conversion Material Consumption by Region (2020-2031)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Light Conversion Material Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.6.2 Latin America, Middle East & Africa Light Conversion Material Consumption by Country (2020-2031)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global Light Conversion Material Production by Type (2020-2031)
5.1.1 Global Light Conversion Material Production by Type (2020-2025)
5.1.2 Global Light Conversion Material Production by Type (2026-2031)
5.1.3 Global Light Conversion Material Production Market Share by Type (2020-2031)
5.2 Global Light Conversion Material Production Value by Type (2020-2031)
5.2.1 Global Light Conversion Material Production Value by Type (2020-2025)
5.2.2 Global Light Conversion Material Production Value by Type (2026-2031)
5.2.3 Global Light Conversion Material Production Value Market Share by Type (2020-2031)
5.3 Global Light Conversion Material Price by Type (2020-2031)
6 Segment by Application
6.1 Global Light Conversion Material Production by Application (2020-2031)
6.1.1 Global Light Conversion Material Production by Application (2020-2025)
6.1.2 Global Light Conversion Material Production by Application (2026-2031)
6.1.3 Global Light Conversion Material Production Market Share by Application (2020-2031)
6.2 Global Light Conversion Material Production Value by Application (2020-2031)
6.2.1 Global Light Conversion Material Production Value by Application (2020-2025)
6.2.2 Global Light Conversion Material Production Value by Application (2026-2031)
6.2.3 Global Light Conversion Material Production Value Market Share by Application (2020-2031)
6.3 Global Light Conversion Material Price by Application (2020-2031)
7 Key Companies Profiled
7.1 Hitachi Chemical
7.1.1 Hitachi Chemical Light Conversion Material Company Information
7.1.2 Hitachi Chemical Light Conversion Material Product Portfolio
7.1.3 Hitachi Chemical Light Conversion Material Production, Value, Price and Gross Margin (2020-2025)
7.1.4 Hitachi Chemical Main Business and Markets Served
7.1.5 Hitachi Chemical Recent Developments/Updates
7.2 Haiyou New Materials
7.2.1 Haiyou New Materials Light Conversion Material Company Information
7.2.2 Haiyou New Materials Light Conversion Material Product Portfolio
7.2.3 Haiyou New Materials Light Conversion Material Production, Value, Price and Gross Margin (2020-2025)
7.2.4 Haiyou New Materials Main Business and Markets Served
7.2.5 Haiyou New Materials Recent Developments/Updates
7.3 Baotou Research Institute of Rare Earths
7.3.1 Baotou Research Institute of Rare Earths Light Conversion Material Company Information
7.3.2 Baotou Research Institute of Rare Earths Light Conversion Material Product Portfolio
7.3.3 Baotou Research Institute of Rare Earths Light Conversion Material Production, Value, Price and Gross Margin (2020-2025)
7.3.4 Baotou Research Institute of Rare Earths Main Business and Markets Served
7.3.5 Baotou Research Institute of Rare Earths Recent Developments/Updates
7.4 ADEKA
7.4.1 ADEKA Light Conversion Material Company Information
7.4.2 ADEKA Light Conversion Material Product Portfolio
7.4.3 ADEKA Light Conversion Material Production, Value, Price and Gross Margin (2020-2025)
7.4.4 ADEKA Main Business and Markets Served
7.4.5 ADEKA Recent Developments/Updates
7.5 Shipro Kasei
7.5.1 Shipro Kasei Light Conversion Material Company Information
7.5.2 Shipro Kasei Light Conversion Material Product Portfolio
7.5.3 Shipro Kasei Light Conversion Material Production, Value, Price and Gross Margin (2020-2025)
7.5.4 Shipro Kasei Main Business and Markets Served
7.5.5 Shipro Kasei Recent Developments/Updates
7.6 Mitsubishi Chemical
7.6.1 Mitsubishi Chemical Light Conversion Material Company Information
7.6.2 Mitsubishi Chemical Light Conversion Material Product Portfolio
7.6.3 Mitsubishi Chemical Light Conversion Material Production, Value, Price and Gross Margin (2020-2025)
7.6.4 Mitsubishi Chemical Main Business and Markets Served
7.6.5 Mitsubishi Chemical Recent Developments/Updates
7.7 Nemoto
7.7.1 Nemoto Light Conversion Material Company Information
7.7.2 Nemoto Light Conversion Material Product Portfolio
7.7.3 Nemoto Light Conversion Material Production, Value, Price and Gross Margin (2020-2025)
7.7.4 Nemoto Main Business and Markets Served
7.7.5 Nemoto Recent Developments/Updates
7.8 BASF
7.8.1 BASF Light Conversion Material Company Information
7.8.2 BASF Light Conversion Material Product Portfolio
7.8.3 BASF Light Conversion Material Production, Value, Price and Gross Margin (2020-2025)
7.8.4 BASF Main Business and Markets Served
7.8.5 BASF Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Light Conversion Material Industry Chain Analysis
8.2 Light Conversion Material Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Light Conversion Material Production Mode & Process Analysis
8.4 Light Conversion Material Sales and Marketing
8.4.1 Light Conversion Material Sales Channels
8.4.2 Light Conversion Material Distributors
8.5 Light Conversion Material Customer Analysis
9 Light Conversion Material Market Dynamics
9.1 Light Conversion Material Industry Trends
9.2 Light Conversion Material Market Drivers
9.3 Light Conversion Material Market Challenges
9.4 Light Conversion Material Market Restraints
10 Research Findings and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Hitachi Chemical
Haiyou New Materials
Baotou Research Institute of Rare Earths
ADEKA
Shipro Kasei
Mitsubishi Chemical
Nemoto
BASF
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*If Applicable.
