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LCD Glass Substrates - Global Strategic Business Report

Price:
USD $4,200.00
ISBN/SKU #:
GIA-MCP6468
Research Group:
Global Industry Analysts
Date of Publication:
September 2011
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Summary

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.

TABLE OF CONTENTS

LCD GLASS SUBSTRATES 								MCP-6468
A GLOBAL STRATEGIC BUSINESS REPORT	


                                                      
CONTENTS



  MCP-6468 1. INTRODUCTION, METHODOLOGY &  PRODUCT DEFINITIONS             1
      Study Reliability and Reporting Limitations                          1
      Disclaimers                                                          2
      Data Interpretation & Reporting Level                                3
       Quantitative Techniques & Analytics                                 3
      Product Definitions and Scope of Study                               3
       Lcd Glass Substrates                                                3

  2. INDUSTRY OVERVIEW                                                     4
      A Prelude                                                            4
      LCD Glass Substrates Industry-Major Highlights                       4
      Current & Future Analysis                                            4
      Brief Overview of the LCD Market                                     5
      LCD Glass Substrates: A Market Primer                                5
       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)                    6

       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)                                          7
       Global Large-Area TFT-LCD Applications (2010): Leading
        Manufacturers Ranked in Terms of Unit Shipments                    7
       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)                                          8
      Recession Woes                                                       8
      LCD Glass Substrate Producers Hold an Upper Hand                     9
      Requirements for a Successful LCD Glass Substrates Market            10

  3. TRENDS AND ISSUES                                                     11
      Manufacturers Vying to Meet Rising Demand for  LCD Glass
       Substrates                                                          11
      LCD TVs: A Primary Driving Force For Glass  Substrates Industry      11
       Booming LCD TV Market Spurs Innovation Among  Glass Substrate
        Makers                                                             11
       Rising Television Penetration in Households                         12
       Higher Penetration of LCDs in Comparison to Plasma and  CRT TVs     12
       Increase in Average Size of LCD TV Screens                          12
       Acceleration in Demand from Emerging Markets                        12
        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)                         13
      Shorter LCD Replacement Cycles                                       13
      Demand for Larger Displays Encourage Production of  Larger
       Substrates                                                          13
      Newer Generations Witness Stronger Growth Rate                       14
       Table 5: Glass Substrates Generations and Changes  in
       Dimension                                                           14
      Panel Manufacturers Moving Upstream                                  14
       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)                                                        15
      Small and Medium Size LCD Panels Gain Attention                      15
      Lightweight Glass Beneficial for Portable Applications               15
      Defect-Free Glass Vital for Monitors                                 16
      Attempts to Become Cost Effective                                    16
      Concerns on the Demand Front                                         16
      Adverse Impact of Rising Fuel and Raw Materials Prices               16

  4. FPD AND LCD INDUSTRY - A BRIEF OVERVIEW                               17
      Flat Panel Display (FPD): An Established Market                      17
       Characteristics of the Flat Panel Display Industry                  17
       Factors Driving the FPD Industry                                    18
       Technology Overview of FPD Market                                   18
      LCD- The largest FPD Segment                                         18
       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)                                19
       Figure: Supply Chain of the LCD Industry                            19
       Key Facts of the LCD Industry                                       20
       Figure: Supply Chain of the LCD Panel Industry                      20
        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)                                                       21
      LCD TVs Gain Strong Foothold in the Television Market                21
      LCD TVs Dominate the Market for Large-Size TVs                       21
      Monitor Panels Replacing Small-Size LCD TV Panels                    22

  5. PRODUCT OVERVIEW                                                      23
      LCD Glass Substrates                                                 23
       Intrinsic Properties                                                23
       Extrinsic Properties                                                23
      Types of LCD Glass Substrates                                        24
       Soda Lime Glass                                                     24
       Borosilicate Glass                                                  24
       Boro-aluminosilicate Glass                                          24
      Manufacturing Processes                                              24
       Float Glass Process                                                 24
       Fusion Process                                                      24
        Glass Substrate Technologies- Fusion and  Float Processes          25
      LCD Panel Generations                                                25
       Table 9: Evolution of Glass Substrates                              25
      Liquid Crystal Display                                               26
      Characteristic of Liquid Crystal - Is it Solid or Liquid?            26
      Types of Liquid Crystal Displays                                     26
       Twisted Nematic (TN)                                                26
       In-Phase Switching (IPS)                                            26
       Advanced Fringe Field Switching (AFFS)                              27
       Vertically Aligned (VA)                                             27
        Multi-Domain Vertical Alignment (MVA)                              27
        Patterned Vertical Alignment (PVA)                                 27
        Advanced Super View (ASV)                                          28
      Specifications of LCD Monitors                                       28
       Resolution                                                          28
       Dot Pitch                                                           28
       Input Lag                                                           28
       Viewable Size                                                       28
       Response Time                                                       29
       Refresh Rate                                                        29
       Matrix Type                                                         29
        Active Matrix                                                      29
        Passive Matrix                                                     29
       Color Support                                                       30
       Brightness                                                          30
       Contrast Ratio                                                      30
       Aspect Ratio                                                        30
      Drawbacks of LCD Technology                                          30
       Scaling Limitations                                                 30
       Restricted Color Resolution                                         30
       Lower Contrast Ratios                                               30
       Longer Response Times                                               31
       Motion Blur                                                         31
       Limitation of Viewing Angles                                        31
       Fragility                                                           31
       Vertical and Horizontal Banding                                     31
       Backlights Containing Toxic Substance                               31

  6. PRODUCT INTRODUCTIONS/INNOVATIONS                                     32
      AGC Debuts Thinnest Soda-Lime Glass Substrate                        32
      Asahi Glass to Launch Dragontrail, Damage Resistant Glass            32
      AGC Develops Ultra-Thin Float Glass for Touch  Screen Displays       32
      Corning Commercializes Eagle XG Slim                                 32
      Corning Expands Eagle XG Slim LCD Glass  Substrate Range             33
      IRICO Group Releases 0.55 mm and 0.63 mm 5th-Generation  LCD
       Glass Substrates                                                    33
      Corning Launches Jade™ Glass for Mobile Devices                      33

  7. RECENT INDUSTRY ACTIVITY                                              34
      Corning Wins Contract From Sony for BRAVIA®  LCD TVs                 34
      Asahi Glass Commences Construction of Facility  in Guangming         34
      Asahi Establishes Second TFT-LCD Facility in China                   34
      Samsung Suzhou Commences Construction of 7.5-Gen  Glass
       Substrate Facility                                                  35
      S-LCD Establishes Panel Production Facility                          35
      GTOC to Commence Production at Shenzhen Facility                     35
      Xufei Starts LCD Glass Plate Project in Zhengzhou                    35
      Corning to Commence Construction of new LCD Glass  Substrate
       Facility                                                            36
      Irico (Zhangjiagang) Builds TFT-LCD Glass  Substrate Facility        36
      IRICO Group Initiates Trial Operations of Phase II LCD  Glass
       Substrate Project                                                   36
      Showa Denko to Raise Price of Cerium-based Glass  Substrate
       Polishing Agents                                                    36
      Corning Unveils Expansion Plans                                      36
      Asahi Glass to Initiate Sales of Glass-Ceramic Substrates            37
      Asahi Glass to Establish TFT-LCD Glass Substrate  Facility in
       China                                                               37
      G-Tech to Establish New production Line for 6G                       37
      Sharp to Enhance LCD Panel Production Capacity                       37
      Sharp Commences Operations at LCD Panel Plant  in Japan              38
      IRICO Group Initiates Construction of TFT-LCD Glass  Substrate
       Project                                                             38
      CNBM to Establish LCD Glass Substrate Plant in Chengdu               38
      IRICO Group to Construct TFT-LCD Glass Substrate  Production
       Lines in Anhui Province                                             39
      IRICO Group Closes Sixth-Generation LCD Panel  Production Line
       in Chengdu                                                          39
      LG Group to Construct LED and LCD Glass Substrate  Plant in
       Gyeonggi Province                                                   39
      Sharp to Enter into Joint Venture with China Electronics             39
      G-Tech to Build Production Facility in STSP                          40
      Corning and Soitec to Jointly Develop SiOG Substrates for
       OLED Mobile Displays                                                40
      Corning Boost LCD Glass Production Capacity  at Taichung Plant       40
      Asahi to Establish New Production Line                               41
      IRICO Granted Approval for Acquiring Stake  in IRICO Glass           41
      IRICO Group Acquires Majority Stake in IRICO Glass                   41
      Carlyle Japan Acquires Stake in AvanStrate                           41
      Asahi Glass Purchases SCHOTT Processing Korea                        42
      Sony Enters into Agreement with Sharp                                42
      Corning Inaugurates LCD Glass Substrate Plant                        42
      Shanghai Tianma Micro-Electronics Completes  Construction of
       TFT-LCD Production Line                                             42
      Corning to Collocate TFT-grade Generation 10 Glass  Substrate
       Facility with Sharp                                                 43
      Samsung Electronics and Sony to Invest in LCD  Joint Venture         43
      Corning Expands LCD Glass Substrate Manufacturing  Facility          43
      Matsushita Electric Industrial to Establish LCD Panel Plant
       in Hyogo Prefecture                                                 43

  8. FOCUS ON SELECT GLOBAL PLAYERS                                        44
      Asahi Glass Co., Ltd. (Japan)                                        44
      AvanStrate, Inc. (Japan)                                             44
      Corning, Inc. (US)                                                   44
       Samsung Corning Precision Materials Co., Ltd (Korea)                45
      IRICO Group Electronics Company Limited (China)                      45
      LG Display (Korea)                                                   46
      Nippon Electric Glass Co., Ltd. (Japan)                              46

  9. GLOBAL MARKET PERSPECTIVE                                             47
      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)                   47

      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)         48

      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)                                49

      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)                                           50

      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)                                51

      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)                                           52

      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)                            53

      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)                                           54

      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)                                55

      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)                                           56

  10. TAIWAN                                                               57
      A.Market Analysis                                                    57
        Outlook                                                            57
        Major Highlights                                                   57
         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)                   58
        Taiwan Emerging As a Dominant Player  in Global TFT-LCD Market     58
         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)                    58
        Domestic TFT-LCD Manufacturers Provide Impetus  to LCD Panel
         Market                                                            59
        Product Introductions/Innovations                                  59
        Recent Industry Activity                                           60
      B.Market Analytics                                                   62
        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)       62

        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)                                                       63

  11. KOREA                                                                64
      A.Market Analysis                                                    64
        Outlook                                                            64
        South Korean LCD Manufacturers Defy Glass  Substrate Shortage      64
        Overview of the LCD Panel Industry                                 65
         Increasing Demand for Small and Medium Size Panels                65
         Investments in China                                              65
          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)                                       65
        Recent Industry Activity                                           66
        Key Players                                                        67
      B.Market Analytics                                                   68
        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)       68

        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)                                                       69

  12. JAPAN                                                                70
      A.Market Analysis                                                    70
        Outlook                                                            70
        The Downfall of Japan’s FPD Industry                               70
         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)                  71
        Product Introductions/Innovations                                  71
        Recent Industry Activity                                           72
        Select Players                                                     75
      B.Market Analytics                                                   76
        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)       76

        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)                                                       77

  13. CHINA                                                                78
      A.Market Analysis                                                    78
        Outlook                                                            78
        Major Highlights of LCD Industry                                   78
         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)                                        79

         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)                                        79
        Overview of LCD Industry in China                                  79
        China to Outpace Japan in Large-Area TFT-LCD  Panel Production     80
         Table 32: Global TFT-LCD Panel Production (2010):
         Percentage Share Breakdown by Producing Nations - Korea,
         Taiwan, Japan, China and Singapore  (includes corresponding
         Graph/Chart)                                                      80
        Chinese LCD Procurement from Japan Hit by  the Recent Quake        81
        Attempts to Reduce Reliance on Overseas Suppliers                  81
        Substrate Manufacturers Keen on Serving the Chinese  LCD
         Panel Market                                                      81
         Timeframe & Status of LCD Panel Projects  in Near Term 
          (2011-2012)                                                      82
        Sales of LCD TVs Expected to Witness Robust Growth                 82
         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)                                        82
        Government Stimulus Plans Expected to Fuel Sales of  LCD TVs       83
        China Lacks Domestic Raw Material Production Base  for
         Surging LCD Panel Industry                                        83
        Product Innovation                                                 83
        Recent Industry Activity                                           84
        Select Players                                                     88
      B.Market Analytics                                                   89
        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)                                                       89

        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)                                                       90

  14. REST OF WORLD                                                        91
      A.Market Analysis                                                    91
        Outlook                                                            91
        Select Regional Market Overview                                    91
         The United States                                                 91
          Brief Overview of LCD Market                                     91
          EPA Guidelines Prompt Re-Designing of LCD TVs                    91
         India                                                             92
          Overview of TFT-LCD Market                                       92
          Growth of LCD Panel Market in India                              92
           India to Emerge as Global Frontrunner for  LCD TVs              93
          Key Features and Challenges of the Industry                      93
         Singapore                                                         93
          Table 36: Singapore LCD Glass Substrates Market  (Q4
          2009): Percentage Breakdown of Market Share  by Leading
          Manufacturers- Asahi Glass Company  and AvanStrate               93
        Product Innovations                                                94
        Recent Industry Activity                                           94
        Select Player                                                      95
      B.Market Analytics                                                   96
        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)       96

        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)                                                       97


 COMPETITIVE LANDSCAPE

     Total Companies Profiled: 27 (including Divisions/Subsidiaries - 31)

     ------------------------------------------
     Region/Country                     Players
     ------------------------------------------
     The United States                      2
     Japan                                 11
     Europe                                 2
      France                                1
      Germany                               1
     Asia-Pacific (Excluding Japan)        16
     ------------------------------------------

Additional Information

Number of Pages: 233

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