LCD Glass Substrates: Market Research Report

September 2011 | 233 pages | ID: L44AB9B86CFEN
Global Industry Analysts, Inc

Abstracts

This report analyzes the worldwide markets for LCD Glass Substrates in Thousand Square Meters by the following end-use applications - LCD TV, PC Monitor, Laptop/Notebook, and Others (including OLED TV among others).

The report provides separate comprehensive analytics for the Taiwan, Korea, Japan, China, and Rest of World.

Annual estimates and forecasts are provided for the period 2008 through 2017.

The report profiles 27 companies including many key and niche players such as Asahi Glass Co., Ltd., AvanStrate, Inc., Corning, Inc., Samsung Corning Precision Materials Co., Ltd., IRICO Group Electronics Company Limited, LG Display, and Nippon Electric Glass Co., Ltd.

Market data and analytics are derived from primary and secondary research.

Company profiles are mostly extracted from URL research and reported select online sources.

Contents

1. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS

Study Reliability and Reporting Limitations
Disclaimers
Data Interpretation & Reporting Level
Quantitative Techniques & Analytics
Product Definitions and Scope of Study
Lcd Glass Substrates

2.INDUSTRY OVERVIEW

A Prelude
LCD Glass Substrates Industry–Major Highlights
Current & Future Analysis
Brief Overview of the LCD Market
LCD Glass Substrates: A Market Primer

Table 1. World LCD Glass Substrates Market (2009 and 2010): Percentage Share Breakdown by Leading Manufacturers- Corning (incld. SCP), Asahi Glass Company, Nippon Electric Glass and AvanStrate (includes corresponding Graph/Chart)

Table 2. World Large-Area TFT-LCD Panel Market (2010): Estimated Percentage Breakdown of Production by Region- Taiwan, Korea, Singapore, Japan and China (includes corresponding Graph/Chart)

Global Large-Area TFT-LCD Applications (2010): Leading Manufacturers Ranked in Terms of Unit Shipments

Table 3. Global TFT-LCD Panel Market (2009 & 2010): Percentage Share Breakdown of Dollar Sales by Components –Backlight, Color Filter, PCB/Module Component, Polarizer, Glass, Driver IC, Chemical & Indirect Material, Liquid Crystal, Inverter, Sputtering Target and Others (includes corresponding Graph/Chart)

Recession Woes
LCD Glass Substrate Producers Hold an Upper Hand
Requirements for a Successful LCD Glass Substrates Market

3.TRENDS AND ISSUES

Manufacturers Vying to Meet Rising Demand for LCD Glass Substrates
LCD TVs: A Primary Driving Force For Glass Substrates Industry
Booming LCD TV Market Spurs Innovation Among Glass Substrate Makers
Rising Television Penetration in Households
Higher Penetration of LCDs in Comparison to Plasma and CRT TVs
Increase in Average Size of LCD TV Screens
Acceleration in Demand from Emerging Markets

Table 4. World LCD TV Market (2008, 2010 & 2015): Breakdown of TV Installed Base and LCD TV Penetration Rate By Leading Region – China, Europe, North America, Japan and Rest of World (includes corresponding Graph/Chart)

Shorter LCD Replacement Cycles
Demand for Larger Displays Encourage Production of Larger Substrates
Newer Generations Witness Stronger Growth Rate

Table 5. Glass Substrates Generations and Changes in Dimension

Panel Manufacturers Moving Upstream

Table 6. LCD Material Cost Review: Percentage Breakup of Average Production Cost by Components or Materials- BLU, Color Filter, Array Level, Glass, Polarizer, Driver IC, Crystal, Chemicals and Others (includes corresponding Graph/Chart)

Small and Medium Size LCD Panels Gain Attention
Lightweight Glass Beneficial for Portable Applications
Defect-Free Glass Vital for Monitors
Attempts to Become Cost Effective
Concerns on the Demand Front
Adverse Impact of Rising Fuel and Raw Materials Prices

4.FPD AND LCD INDUSTRY - A BRIEF OVERVIEW

Flat Panel Display (FPD): An Established Market
Characteristics of the Flat Panel Display Industry
Factors Driving the FPD Industry
Technology Overview of FPD Market
LCD- The largest FPD Segment

Table 7. World FPD Output (2010): Percentage Breakdown by Leading Technology - TFT LCD (> 10”), TFT LCD (< 10”), OLED, PDP, Micro display, TN/STN LCD and Others (In US$ Million) (includes corresponding Graph/Chart)

Figure: Supply Chain of the LCD Industry
Key Facts of the LCD Industry
Figure: Supply Chain of the LCD Panel Industry

Table 8. World LCD Panel Market (2010): Percentage Breakdown of Volume Shipments by Company – LG Display, Samsung Electronics, AU Optronics, Chimei Innolux (including Chi Mei Optoelectronics), and Others (includes corresponding Graph/Chart)

LCD TVs Gain Strong Foothold in the Television Market
LCD TVs Dominate the Market for Large-Size TVs
Monitor Panels Replacing Small-Size LCD TV Panels

5.PRODUCT OVERVIEW

LCD Glass Substrates
Intrinsic Properties
Extrinsic Properties
Types of LCD Glass Substrates
Soda Lime Glass
Borosilicate Glass
Boro-aluminosilicate Glass
Manufacturing Processes
Float Glass Process
Fusion Process
Glass Substrate Technologies- Fusion and Float Processes
LCD Panel Generations

Table 9. Evolution of Glass Substrates

Liquid Crystal Display
Characteristic of Liquid Crystal – Is it Solid or Liquid?
Types of Liquid Crystal Displays
Twisted Nematic (TN)
In-Phase Switching (IPS)
Advanced Fringe Field Switching (AFFS)
Vertically Aligned (VA)
Multi-Domain Vertical Alignment (MVA)
Patterned Vertical Alignment (PVA)
Advanced Super View (ASV)
Specifications of LCD Monitors
Resolution
Dot Pitch
Input Lag
Viewable Size
Response Time
Refresh Rate
Matrix Type
Active Matrix
Passive Matrix
Color Support
Brightness
Contrast Ratio
Aspect Ratio
Drawbacks of LCD Technology
Scaling Limitations
Restricted Color Resolution
Lower Contrast Ratios
Longer Response Times
Motion Blur
Limitation of Viewing Angles
Fragility
Vertical and Horizontal Banding
Backlights Containing Toxic Substance

6.PRODUCT INTRODUCTIONS/INNOVATIONS

AGC Debuts Thinnest Soda-Lime Glass Substrate
Asahi Glass to Launch Dragontrail, Damage Resistant Glass
AGC Develops Ultra-Thin Float Glass for Touch Screen Displays
Corning Commercializes Eagle XG Slim
Corning Expands Eagle XG Slim LCD Glass Substrate Range
IRICO Group Releases 0.55 mm and 0.63 mm 5th-Generation LCD Glass Substrates
Corning Launches Jade™ Glass for Mobile Devices

7.RECENT INDUSTRY ACTIVITY

Corning Wins Contract From Sony for BRAVIA® LCD TVs
Asahi Glass Commences Construction of Facility in Guangming
Asahi Establishes Second TFT-LCD Facility in China
Samsung Suzhou Commences Construction of 7.5-Gen Glass Substrate Facility
S-LCD Establishes Panel Production Facility
GTOC to Commence Production at Shenzhen Facility
Xufei Starts LCD Glass Plate Project in Zhengzhou
Corning to Commence Construction of new LCD Glass Substrate Facility
Irico (Zhangjiagang) Builds TFT-LCD Glass Substrate Facility
IRICO Group Initiates Trial Operations of Phase II LCD Glass Substrate Project
Showa Denko to Raise Price of Cerium-based Glass Substrate Polishing Agents
Corning Unveils Expansion Plans
Asahi Glass to Initiate Sales of Glass-Ceramic Substrates
Asahi Glass to Establish TFT-LCD Glass Substrate Facility in China
G-Tech to Establish New production Line for 6G
Sharp to Enhance LCD Panel Production Capacity
Sharp Commences Operations at LCD Panel Plant in Japan
IRICO Group Initiates Construction of TFT-LCD Glass Substrate Project
CNBM to Establish LCD Glass Substrate Plant in Chengdu
IRICO Group to Construct TFT-LCD Glass Substrate Production Lines in Anhui Province
IRICO Group Closes Sixth-Generation LCD Panel Production Line in Chengdu
LG Group to Construct LED and LCD Glass Substrate Plant in Gyeonggi Province
Sharp to Enter into Joint Venture with China Electronics
G-Tech to Build Production Facility in STSP
Corning and Soitec to Jointly Develop SiOG Substrates for OLED Mobile Displays
Corning Boost LCD Glass Production Capacity at Taichung Plant
Asahi to Establish New Production Line
IRICO Granted Approval for Acquiring Stake in IRICO Glass
IRICO Group Acquires Majority Stake in IRICO Glass
Carlyle Japan Acquires Stake in AvanStrate
Asahi Glass Purchases SCHOTT Processing Korea
Sony Enters into Agreement with Sharp
Corning Inaugurates LCD Glass Substrate Plant
Shanghai Tianma Micro-Electronics Completes Construction of TFT-LCD Production Line
Corning to Collocate TFT-grade Generation 10 Glass Substrate Facility with Sharp
Samsung Electronics and Sony to Invest in LCD Joint Venture
Corning Expands LCD Glass Substrate Manufacturing Facility
Matsushita Electric Industrial to Establish LCD Panel Plant in Hyogo Prefecture

8.FOCUS ON SELECT GLOBAL PLAYERS

Asahi Glass Co., Ltd. (Japan)
AvanStrate, Inc. (Japan)
Corning, Inc. (US)
Samsung Corning Precision Materials Co., Ltd (Korea)
IRICO Group Electronics Company Limited (China)
LG Display (Korea)
Nippon Electric Glass Co., Ltd. (Japan)

9.GLOBAL MARKET PERSPECTIVE

Table 10. World Recent Past, Current & Future Market Analysis for LCD Glass Substrates by Geographic Region – Taiwan, Korea, Japan, China and Rest of World Markets Independently Analyzed with Volume Sales in Thousand Square Meters for Years 2008 through 2017 (includes corresponding Graph/Chart)

Table 11. World 10-Year Perspective for LCD Glass Substrates by Geographic Region –Percentage Breakdown of Volume Sales for Taiwan, Korea, Japan, China and Rest of World Markets for Years 2008, 2011 & 2017 (includes corresponding Graph/Chart)

Table 12. World Recent Past, Current & Future Analysis for LCD TVs by Geographic Region – Taiwan, Korea, Japan, China and Rest of World Markets Independently Analyzed with Volume Sales in Thousand Square Meters for Years 2008 through 2017 (includes corresponding Graph/Chart)

Table 13. World 10-Year Perspective for LCD TVs by Geographic Region – Percentage Breakdown of Volume Sales in Thousand Square Meters for Taiwan, Korea, Japan, China and Rest of World Markets for Years 2008, 2011 & 2017 (includes corresponding Graph/Chart)

Table 14. World Recent Past, Current & Future Analysis for PC Monitors by Geographic Region – Taiwan, Korea, Japan, China and Rest of World Markets Independently Analyzed with Volume Sales in Thousand Square Meters for Years 2008 through 2017 (includes corresponding Graph/Chart)

Table 15. World 10-Year Perspective for PC Monitors by Geographic Region – Percentage Breakdown of Volume Sales in Thousand Square Meters for Taiwan, Korea, Japan, China and Rest of World Markets for Years 2008, 2011 & 2017 (includes corresponding Graph/Chart)

Table 16. World Recent Past, Current & Future Analysis for Laptop/Notebook by Geographic Region – Taiwan, Korea, Japan, China and Rest of World Markets Independently Analyzed with Volume Sales in Thousand Square Meters for Years 2008 through 2017 (includes corresponding Graph/Chart)

Table 17. World 10-Year Perspective for Laptop/Notebook by Geographic Region – Percentage Breakdown of Volume Sales in Thousand Square Meters for Taiwan, Korea, Japan, China and Rest of World Markets for Years 2008, 2011 & 2017 (includes corresponding Graph/Chart)

Table 18. World Recent Past, Current & Future Analysis for Others by Geographic Region – Taiwan, Korea, Japan, China and Rest of World Markets Independently Analyzed with Volume Sales in Thousand Square Meters for Years 2008 through 2017 (includes corresponding Graph/Chart)

Table 19. World 10-Year Perspective for Others by Geographic Region – Percentage Breakdown of Volume Sales in Thousand Square Meters for Taiwan, Korea, Japan, China and Rest of World Markets for Years 2008, 2011 & 2017 (includes corresponding Graph/Chart)

10.TAIWAN

A. MARKET ANALYSIS

Outlook
Major Highlights

Table 20. Taiwan LCD Glass Substrates Market (Q4 2009): Percentage Breakdown of Market Share by Leading Manufacturers- Corning (excluding Samsung Corning Precision), Asahi Glass Company, Nippon Electric Glass and AvanStrate (includes corresponding Graph/Chart)

Taiwan Emerging As a Dominant Player in Global TFT-LCD Market

Table 21. Taiwan FPD Output (2010): Percentage Breakdown by Leading Technology - TFT LCD (> 10”), TFT LCD (< 10”), TN/STN LCD, OLED, Micro display, PDP and Others (In US$ Million) (includes corresponding Graph/Chart)

Domestic TFT-LCD Manufacturers Provide Impetus to LCD Panel Market
Product Introductions/Innovations
Recent Industry Activity

B. MARKET ANALYTICS

Table 22. Taiwan Recent Past, Current & Future Market Analysis for LCD Glass Substrates by End-Use Application- LCD TV, PC Monitor, Laptop/Notebook and Others Independently Analyzed with Volume Sales in Thousand Square Meters for Years 2008 through 2017 (includes corresponding Graph/Chart)

Table 23. Taiwanese 10-Year Perspective for LCD Glass Substrates by End-Use Application – Percentage Breakdown of Volume Sales for LCD TV, PC Monitor, Laptop/Notebook, and Others for Years 2008, 2011 & 2017 (includes corresponding Graph/Chart)

11.KOREA

A. MARKET ANALYSIS

Outlook
South Korean LCD Manufacturers Defy Glass Substrate Shortage
Overview of the LCD Panel Industry
Increasing Demand for Small and Medium Size Panels
Investments in China

Table 24. Korean LCD Glass Substrates Market (Q4 2009): Percentage Breakdown of Market Share by Leading Manufacturers- Samsung Corning Precision, Asahi Glass Company, Nippon Electric Glass and AvanStrate (includes corresponding Graph/Chart)

Recent Industry Activity
Key Players

B. MARKET ANALYTICS

Table 25. Korean Recent Past, Current & Future Market Analysis for LCD Glass Substrates by End-Use Application- LCD TV, PC Monitor, Laptop/Notebook and Others Independently Analyzed with Volume Sales in Thousand Square Meters for Years 2008 through 2017 (includes corresponding Graph/Chart)

Table 26. Korean 10-Year Perspective for LCD Glass Substrates by End-Use Application– Percentage Breakdown of Volume Sales for LCD TV, PC Monitor, Laptop/Notebook, and Others for Years 2008, 2011 & 2017 (includes corresponding Graph/Chart)

12.JAPAN

A. MARKET ANALYSIS

Outlook
The Downfall of Japan’s FPD Industry

Table 27. Japanese LCD Glass Substrates Market (Q4 2009): Percentage Breakdown of Market Share by Leading Manufacturers- Corning (excluding Samsung Corning Precision), Asahi Glass Company, Nippon Electric Glass and AvanStrate (includes corresponding Graph/Chart)

Product Introductions/Innovations
Recent Industry Activity
Select Players

B. MARKET ANALYTICS

Table 28. Japanese Recent Past, Current & Future Market Analysis for LCD Glass Substrates by End-Use Application- LCD TV, PC Monitor, Laptop/Notebook and Others Independently Analyzed with Volume Sales in Thousand Square Meters for Years 2008 through 2017 (includes corresponding Graph/Chart)

Table 29. Japanese 10-Year Perspective for LCD Glass Substrates by End-Use Application– Percentage Breakdown of Volume Sales for LCD TV, PC Monitor, Laptop/Notebook, and Others for Years 2008, 2011 & 2017 (includes corresponding Graph/Chart)

13.CHINA

A. MARKET ANALYSIS

Outlook
Major Highlights of LCD Industry

Table 30. China LCD Glass Substrates Market (Q4 2009): Percentage Breakdown of Market Share by Leading Manufacturers- Corning (incld. SCP), Asahi Glass Company, Nippon Electric Glass and AvanStrate (includes corresponding Graph/Chart)

Table 31. China Large TFT LCD Panel Market (2010): Percentage Breakdown of Driver IC Value Shipments by Top Vendors – Samsung, Himax, Novatek, NEC, Electronics, Panasonic, MagnaChip, Toshiba and Others (includes corresponding Graph/Chart)

Overview of LCD Industry in China
China to Outpace Japan in Large-Area TFT-LCD Panel Production

Table 32. Global TFT-LCD Panel Production (2010): Percentage Share Breakdown by Producing Nations – Korea, Taiwan, Japan, China and Singapore (includes corresponding Graph/Chart)

Chinese LCD Procurement from Japan Hit by the Recent Quake
Attempts to Reduce Reliance on Overseas Suppliers
Substrate Manufacturers Keen on Serving the Chinese LCD Panel Market
Timeframe & Status of LCD Panel Projects in Near Term (2011–2012)
Sales of LCD TVs Expected to Witness Robust Growth

Table 33. China LCD TV Market (2009): Percentage Breakdown of Revenues by Major Players – Skyworth, Hisense, TCL, Konka, Changhong, Rowa, Haier and Others (includes corresponding Graph/Chart)

Government Stimulus Plans Expected to Fuel Sales of LCD TVs
China Lacks Domestic Raw Material Production Base for Surging LCD Panel Industry
Product Innovation
Recent Industry Activity
Select Players

B. MARKET ANALYTICS

Table 34. Chinese Recent Past, Current & Future Market Analysis for LCD Glass Substrates by End-Use Application- LCD TV, PC Monitor, Laptop/Notebook and Others Independently Analyzed with Volume Sales in Thousand Square Meters for Years 2008 through 2017 (includes corresponding Graph/Chart)

Table 35. Chinese 10-Year Perspective for LCD Glass Substrates by End-Use Application– Percentage Breakdown of Volume Sales for LCD TV, PC Monitor, Laptop/Notebook, and Others for Years 2008, 2011 & 2017 (includes corresponding Graph/Chart)

14.REST OF WORLD

A. MARKET ANALYSIS

Outlook
Select Regional Market Overview
The United States
Brief Overview of LCD Market
EPA Guidelines Prompt Re-Designing of LCD TVs
India
Overview of TFT-LCD Market
Growth of LCD Panel Market in India
India to Emerge as Global Frontrunner for LCD TVs
Key Features and Challenges of the Industry
Singapore

Table 36. Singapore LCD Glass Substrates Market (Q4 2009): Percentage Breakdown of Market Share by Leading Manufacturers- Asahi Glass Company and AvanStrate

Product Innovations
Recent Industry Activity
Select Player

B. MARKET ANALYTICS

Table 37. Rest of World Recent Past, Current & Future Market Analysis for LCD Glass Substrates by End-Use Application- LCD TV, PC Monitor, Laptop/Notebook and Others Independently Analyzed with Volume Sales in Thousand Square Meters for Years 2008 through 2017 (includes corresponding Graph/Chart)

Table 38. Rest of World 10-Year Perspective for LCD Glass Substrates by End-Use Application– Percentage Breakdown of Volume Sales for LCD TV, PC Monitor, Laptop/Notebook, and Others for Years 2008, 2011 & 2017 (includes corresponding Graph/Chart)

Competitive Landscape
Total Companies Profiled: 27 (including Divisions/Subsidiaries - 31)
Region/CountryPlayers
The United States
Japan
Europe
France
Germany
Asia-Pacific (Excluding Japan)