Global and China MO (Metal Organic) Source Industry Report, 2011-2012
Metal Organic (MO) source products are mainly applied to the manufacturing of LED epitaxial wafers. After 2009, the rapid growth of the global LED industry has promoted the demand for MO source, which reached 44.8 tons in 2011, an increase of 77.1% year on year. In the same period, due to high technical threshold of MO source industry, the speed of capacity expansion has been limited, as a result, the global MO source market witnessed an ever-increasing demand-supply gap for three consecutive years in 2009-2011. In particular, with the widest demand-supply gap among a number of MO source products, trimethyl gallium (TMG) has become an investment highlight in the industry.
In 2011, Taiwan and South Korea became new MO source production bases following the United States, Europe and Japan. This is mainly because, Taiwan and South Korea are currently the most important production bases of the global LED industry, and account for a large share in the manufacturing of epitaxial wafers and chips in the upstream of the industry chain, so they have become the largest consumer markets of MO source products. At the same time, Taiwan and South Korea lack native MO source manufacturers, and need to import most products from Europe and the United States, resulting in intensified regional conflict between supply and demand. At present, Kaohsiung and Taoyuan of Taiwan as well as Cheonan and Yeosu of South Korea are popular investment regions of MO source industry.
In 2011, the mainland Chinese LED industry chain was increasingly perfect, the LED chip and epitaxial wafer industry developed rapidly, and the number of newly added MOCVD machines reached 350 units, accounting for 42% of global newly added MOCVD machines. The growth in the number of MOCVD machines has directly led to the fast-growing demand for MO source and the increasingly tight market supply. Due to the limited capacity expansion of manufacturers, it’s expected that the MO source market supply crunch won’t be eased throughout 2012.
In addition to the development of MO source industry in China and worldwide, this Report focuses on the MO source business development of seven foreign enterprises including Dow, SAFC Hitech, AKZO Nobel, Sumitomo, Albemarle, Chemtura as well as Chinese enterprise Jiangsu Nata Opto-electronic Material Co., Ltd.
Dow is the world's most important provider of MO source products. It announced a capacity expansion plan in June 2010 to build a new plant in South Korea while expanding capacity in the United States, which will be put into production in 2012. Its long-term MO source capacity will reach 60 tons/year.
AKZO Nobel is a Dutch enterprise with production base in the United States. It doubled the capacity of its Tennessee production base in June 2010, and announced to double the TMG capacity in November 2010, which is currently under construction. Moreover, it plans to set up an MO source production base in Ningbo. Its long-term capacity will be 100 tons/year.
Jiangsu Nata Opto-electronic Material Co., Ltd. is China’s only enterprise bringing commercial production of MO source into reality. In 2011, its total capacity of MO source products reached 6.5 tons/year, including a TMG capacity of 5.5 tons/year. Its long-term MO source capacity will be 22.5 tons/year.
In 2011, Taiwan and South Korea became new MO source production bases following the United States, Europe and Japan. This is mainly because, Taiwan and South Korea are currently the most important production bases of the global LED industry, and account for a large share in the manufacturing of epitaxial wafers and chips in the upstream of the industry chain, so they have become the largest consumer markets of MO source products. At the same time, Taiwan and South Korea lack native MO source manufacturers, and need to import most products from Europe and the United States, resulting in intensified regional conflict between supply and demand. At present, Kaohsiung and Taoyuan of Taiwan as well as Cheonan and Yeosu of South Korea are popular investment regions of MO source industry.
In 2011, the mainland Chinese LED industry chain was increasingly perfect, the LED chip and epitaxial wafer industry developed rapidly, and the number of newly added MOCVD machines reached 350 units, accounting for 42% of global newly added MOCVD machines. The growth in the number of MOCVD machines has directly led to the fast-growing demand for MO source and the increasingly tight market supply. Due to the limited capacity expansion of manufacturers, it’s expected that the MO source market supply crunch won’t be eased throughout 2012.
In addition to the development of MO source industry in China and worldwide, this Report focuses on the MO source business development of seven foreign enterprises including Dow, SAFC Hitech, AKZO Nobel, Sumitomo, Albemarle, Chemtura as well as Chinese enterprise Jiangsu Nata Opto-electronic Material Co., Ltd.
Dow is the world's most important provider of MO source products. It announced a capacity expansion plan in June 2010 to build a new plant in South Korea while expanding capacity in the United States, which will be put into production in 2012. Its long-term MO source capacity will reach 60 tons/year.
AKZO Nobel is a Dutch enterprise with production base in the United States. It doubled the capacity of its Tennessee production base in June 2010, and announced to double the TMG capacity in November 2010, which is currently under construction. Moreover, it plans to set up an MO source production base in Ningbo. Its long-term capacity will be 100 tons/year.
Jiangsu Nata Opto-electronic Material Co., Ltd. is China’s only enterprise bringing commercial production of MO source into reality. In 2011, its total capacity of MO source products reached 6.5 tons/year, including a TMG capacity of 5.5 tons/year. Its long-term MO source capacity will be 22.5 tons/year.
1 OVERVIEW OF MO SOURCE INDUSTRY
1.1 Profile of MO Source
1.2 Classification and Application
1.3 Industrial Chain
1.4 Industry Features
1.4.1 High Concentration
1.4.2 high Growth Potential
2 DEVELOPMENT OF GLOBAL MO SOURCE INDUSTRY
2.1 Development Course
2.2 Supply
2.3 Demand
2.3.1 Influencing Factors
2.3.2 Demand Volume
2.3.3 Demand Structure
2.4 Market Competition Pattern
2.5 USA
2.6 Europe
2.7 Japan
2.8 South Korea
2.9 Taiwan
Summary
3 DEVELOPMENT OF MO SOURCE INDUSTRY IN CHINA
3.1 Development Environment
3.1.1 Policy Environment
3.1.2 Trade Environment
3.1.3 Technology Environment
3.2 Supply
3.2.1 Production Capacity
3.2.2 Capacity Structure
3.3 Demand
3.4 Price Trend
Summary
4 UPSTREAM AND DOWNSTREAM INDUSTRIES OF MO SOURCE IN CHINA
4.1 Upstream Sectors
4.1.1 Gallium
4.1.2 Indium
4.1.3 Related Policies and Influence
4.2 LED Industry
4.2.1 Market Scale
4.2.2 Competition Pattern
4.2.3 Development Prospects
4.3 Other Downstream Sectors
4.3.1 New Solar Cell
4.3.2 Phase Change Memory
4.3.3 Semiconductor Laser
4.3.4 Radio Frequency Integrated Circuit Chip
Summary
5 KEY ENTERPRISES WORLDWIDE
5.1 DOW
5.1.1 Profile
5.1.2 Operation
5.1.3 Sales Structure
5.1.4 R&D
5.1.5 MO Source Business
5.1.6 Business In China
5.2 SAFC Hitech
5.2.1 Profile
5.2.2 Operation
5.2.3 MO Source Business
5.3 AKZO Nobel
5.3.1 Profile
5.3.2 Operation
5.3.3 MO Source Business
5.3.4 Business In China
5.4 Sumitomo Chemical
5.4.1 Profile
5.4.2 Operation
5.4.3 MO Source Business
5.4.4 Business In China
5.5 Albemarle
5.5.1 Profile
5.5.2 Operation
5.5.3 MO Source Business
5.5.4 Business In China
5.6 Chemtura
5.6.1 Profile
5.6.2 Operation
5.6.3 MO Source Business
5.6.4 Business In China
5.7 Lake LED Materials
5.7.1 Profile
5.7.2 MO Source Business
5.8 Nata
5.8.1 Profile
5.8.2 Operation
5.8.3 Revenue Structure
5.8.4 Gross Margin
5.8.5 Production and Marketing
5.8.6 Key Projects
Summary
1.1 Profile of MO Source
1.2 Classification and Application
1.3 Industrial Chain
1.4 Industry Features
1.4.1 High Concentration
1.4.2 high Growth Potential
2 DEVELOPMENT OF GLOBAL MO SOURCE INDUSTRY
2.1 Development Course
2.2 Supply
2.3 Demand
2.3.1 Influencing Factors
2.3.2 Demand Volume
2.3.3 Demand Structure
2.4 Market Competition Pattern
2.5 USA
2.6 Europe
2.7 Japan
2.8 South Korea
2.9 Taiwan
Summary
3 DEVELOPMENT OF MO SOURCE INDUSTRY IN CHINA
3.1 Development Environment
3.1.1 Policy Environment
3.1.2 Trade Environment
3.1.3 Technology Environment
3.2 Supply
3.2.1 Production Capacity
3.2.2 Capacity Structure
3.3 Demand
3.4 Price Trend
Summary
4 UPSTREAM AND DOWNSTREAM INDUSTRIES OF MO SOURCE IN CHINA
4.1 Upstream Sectors
4.1.1 Gallium
4.1.2 Indium
4.1.3 Related Policies and Influence
4.2 LED Industry
4.2.1 Market Scale
4.2.2 Competition Pattern
4.2.3 Development Prospects
4.3 Other Downstream Sectors
4.3.1 New Solar Cell
4.3.2 Phase Change Memory
4.3.3 Semiconductor Laser
4.3.4 Radio Frequency Integrated Circuit Chip
Summary
5 KEY ENTERPRISES WORLDWIDE
5.1 DOW
5.1.1 Profile
5.1.2 Operation
5.1.3 Sales Structure
5.1.4 R&D
5.1.5 MO Source Business
5.1.6 Business In China
5.2 SAFC Hitech
5.2.1 Profile
5.2.2 Operation
5.2.3 MO Source Business
5.3 AKZO Nobel
5.3.1 Profile
5.3.2 Operation
5.3.3 MO Source Business
5.3.4 Business In China
5.4 Sumitomo Chemical
5.4.1 Profile
5.4.2 Operation
5.4.3 MO Source Business
5.4.4 Business In China
5.5 Albemarle
5.5.1 Profile
5.5.2 Operation
5.5.3 MO Source Business
5.5.4 Business In China
5.6 Chemtura
5.6.1 Profile
5.6.2 Operation
5.6.3 MO Source Business
5.6.4 Business In China
5.7 Lake LED Materials
5.7.1 Profile
5.7.2 MO Source Business
5.8 Nata
5.8.1 Profile
5.8.2 Operation
5.8.3 Revenue Structure
5.8.4 Gross Margin
5.8.5 Production and Marketing
5.8.6 Key Projects
Summary
SELECTED CHARTS
Application of MO Source
Output of MO Source Worldwide, 2006-2012
Number of Newly Added MOCVD Machines and Ownership Worldwide, 2008-2012
Market Share of Newly Added MOCVD Machines Worldwide, 2010
Demand for MO Source Worldwide, 2006-2012
Demand for MO Source Worldwide by Industry, 2006-2012
Application of MO Sources in LED manufacturing Worldwide, 2012
Capacity Expansion and Production Sites of Major MO Source Manufacturers Worldwide, 2010-2011
Sales of MO Source Products of Key Manufacturers in USA, 2009
Production Sites and Products of MO Source in Europe, 2012
Production Sites and Customers of MO Source in Japan, 2012
Number of Newly Added MOCVD Machines in South Korea, 2009-2012
Number of Newly Added MOCVD Machines and Ownership in Taiwan, 2007-2012
Output and Demand of MO Sources Worldwide, 2006-2012
Related Policies of MO Source Industry in China, 2006-2011
Production Capacity of MO Source in China, 2008-2012
Production Capacity of MO Source in China by Product, 2008-2012
Number of Newly Added MOCVD Machines and Ownership in China, 2008-2012
Number of Newly Added MOCVD Machines in Local Governments’ Plans in China, 2010-2015
Capacity Expansion Plan of LED Epitaxial Wafer Manufacturers in China, 2010-2011
Demand for MO Source in China, 2008-2012
Average Prices of MO Source Products in China, 2009-2012
Production Capacity and Demand of MO Source Products in China, 2008-2012
Prices of Gallium in China, 2006-2012
Output and Consumption of Indium in China, 2006-2012
Prices of Indium (≥99.99%) in China, 2006-2012
Industrial Chain of LED
Output Value of LED Industry in China, 2006-2012
Output Value Structure of LED Industry by Products in China, 2006-2012
Output Value Distribution of LED Industry by Applications in China, 2011
Key LED Manufacturers and Business in China, 2012
Market Scale of LED in China, 2010-2015
Output Value Structure of LED Industry by Products in China, 2010-2015
Performance Comparison of Different Solar Cells
Output of GaAs Solar Cells in China, 2008-2012
Output Value of LED Chip in China, 2010-2015
Sales and Net Income of Dow, 2007-2011
Sales of Dow by Businesses, 2009-2011
Production Sites, Number of Employees and Sales of Dow by Regions, 2011
R&D Costs and % of Sales of Dow, 2007-2011
Production Sites of Electronic Material Business of Dow Worldwide, 2011
Sales and EBITDA of Electronic and Functional Materials Business of Dow, 2009-2011
Sales Structure of Electronic and Functional Materials Business of Dow by Products, 2011
Sales Structure of Electronic Materials Business of Dow by Regions, 2011
Sales Structure of Electronic Materials Business of Dow by Businesses, 2011
Sales of SAFC, 2008-2012
MO Source Production Sites of SAFC Hitech, 2012
Revenue and Net Income of AKZO Nobel, 2008-2012
Revenue of AKZO Nobel by Products, 2009-2012
Revenue of Functional Chemical Products (Including MO Source) of AKZO Nobel, 2009-2012
Revenue Structure of Functional Chemical Products of AKZO Nobel by Regions, 2011
Production Sites of Functional Chemical Products of AKZO Nobel in China, 2012
Sales and Operating Income of Sumitomo Chemical, FY2007-FY2011
Sales of Sumitomo Chemical by Businesses, FY2007-FY2011
Subsidiary Companies and Main Business of Sumitomo Chemical in China, 2012
Revenue and Net Income of Albemarle, 2008-2012
Revenue of Albemarle by Businesses, 2008-2012
Revenue and Net Income of Chemtura, 2008-2012
Revenue of Chemtura by Products, 2009-2012
Main Products of Lake LED Materials, 2012
Revenue and Net Income of Nata, 2009-2011
Revenue of Nata by Products, 2009-2011
Revenue Structure of Nata by Regions, 2009-2011
Gross Margin of Nata by Products, 2009-2011
MO Source Production Capacity, Output and Capacity Utilization Rate of Nata, 2009-2011
MO Sales, Sales Volume and Unit Price of Nata, 2009-2011
Key Projects of Nata, 2010-2015
Production Capacity and Global Market Share of MO Source of Nata, 2010-2015
Long Term Planning Capacity of MO Source Manufacturers Worldwide, 2012
Application of MO Source
Output of MO Source Worldwide, 2006-2012
Number of Newly Added MOCVD Machines and Ownership Worldwide, 2008-2012
Market Share of Newly Added MOCVD Machines Worldwide, 2010
Demand for MO Source Worldwide, 2006-2012
Demand for MO Source Worldwide by Industry, 2006-2012
Application of MO Sources in LED manufacturing Worldwide, 2012
Capacity Expansion and Production Sites of Major MO Source Manufacturers Worldwide, 2010-2011
Sales of MO Source Products of Key Manufacturers in USA, 2009
Production Sites and Products of MO Source in Europe, 2012
Production Sites and Customers of MO Source in Japan, 2012
Number of Newly Added MOCVD Machines in South Korea, 2009-2012
Number of Newly Added MOCVD Machines and Ownership in Taiwan, 2007-2012
Output and Demand of MO Sources Worldwide, 2006-2012
Related Policies of MO Source Industry in China, 2006-2011
Production Capacity of MO Source in China, 2008-2012
Production Capacity of MO Source in China by Product, 2008-2012
Number of Newly Added MOCVD Machines and Ownership in China, 2008-2012
Number of Newly Added MOCVD Machines in Local Governments’ Plans in China, 2010-2015
Capacity Expansion Plan of LED Epitaxial Wafer Manufacturers in China, 2010-2011
Demand for MO Source in China, 2008-2012
Average Prices of MO Source Products in China, 2009-2012
Production Capacity and Demand of MO Source Products in China, 2008-2012
Prices of Gallium in China, 2006-2012
Output and Consumption of Indium in China, 2006-2012
Prices of Indium (≥99.99%) in China, 2006-2012
Industrial Chain of LED
Output Value of LED Industry in China, 2006-2012
Output Value Structure of LED Industry by Products in China, 2006-2012
Output Value Distribution of LED Industry by Applications in China, 2011
Key LED Manufacturers and Business in China, 2012
Market Scale of LED in China, 2010-2015
Output Value Structure of LED Industry by Products in China, 2010-2015
Performance Comparison of Different Solar Cells
Output of GaAs Solar Cells in China, 2008-2012
Output Value of LED Chip in China, 2010-2015
Sales and Net Income of Dow, 2007-2011
Sales of Dow by Businesses, 2009-2011
Production Sites, Number of Employees and Sales of Dow by Regions, 2011
R&D Costs and % of Sales of Dow, 2007-2011
Production Sites of Electronic Material Business of Dow Worldwide, 2011
Sales and EBITDA of Electronic and Functional Materials Business of Dow, 2009-2011
Sales Structure of Electronic and Functional Materials Business of Dow by Products, 2011
Sales Structure of Electronic Materials Business of Dow by Regions, 2011
Sales Structure of Electronic Materials Business of Dow by Businesses, 2011
Sales of SAFC, 2008-2012
MO Source Production Sites of SAFC Hitech, 2012
Revenue and Net Income of AKZO Nobel, 2008-2012
Revenue of AKZO Nobel by Products, 2009-2012
Revenue of Functional Chemical Products (Including MO Source) of AKZO Nobel, 2009-2012
Revenue Structure of Functional Chemical Products of AKZO Nobel by Regions, 2011
Production Sites of Functional Chemical Products of AKZO Nobel in China, 2012
Sales and Operating Income of Sumitomo Chemical, FY2007-FY2011
Sales of Sumitomo Chemical by Businesses, FY2007-FY2011
Subsidiary Companies and Main Business of Sumitomo Chemical in China, 2012
Revenue and Net Income of Albemarle, 2008-2012
Revenue of Albemarle by Businesses, 2008-2012
Revenue and Net Income of Chemtura, 2008-2012
Revenue of Chemtura by Products, 2009-2012
Main Products of Lake LED Materials, 2012
Revenue and Net Income of Nata, 2009-2011
Revenue of Nata by Products, 2009-2011
Revenue Structure of Nata by Regions, 2009-2011
Gross Margin of Nata by Products, 2009-2011
MO Source Production Capacity, Output and Capacity Utilization Rate of Nata, 2009-2011
MO Sales, Sales Volume and Unit Price of Nata, 2009-2011
Key Projects of Nata, 2010-2015
Production Capacity and Global Market Share of MO Source of Nata, 2010-2015
Long Term Planning Capacity of MO Source Manufacturers Worldwide, 2012
