LED Phosphors Market Outlook Report 2025-2037: R&D Efforts Target Rare-Earth-Free Phosphors to Cut Raw Material Dependency and Advance Sustainability Goals [Yahoo! Finance]
MITSUBISHI C/H UNSP/ADR (MTLHY)
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Source: Yahoo! Finance
Key opportunities include demand for customized phosphor blends, nitride- and silicate-based solutions for UHD displays, and regulatory compliance pushing advanced phosphor tech. Innovation in rare-earth-free options also presents growth avenues. Dublin, Sept. 18, 2025 (GLOBE NEWSWIRE) -- The "LED Phosphors Market Outlook 2037" report has been added to ResearchAndMarkets.com's offering. The global LED phosphors market was valued at USD 1.9 billion in 2024 and is expected to grow to USD 6.1 billion by the end of 2037, registering a CAGR of 8.7% during the forecast period from 2025 to 2037. By the end of 2025, the market is projected to reach an estimated value of USD 2.2 billion. The LED phosphors market is gaining momentum as the lighting industry transitions to low-energy, high-brightness solutions. Demand is rising for customized phosphor blends to enhance color rendering, thermal stability, and luminous efficacy across a range of white LEDs. Manufacturers are increasingly a
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