SRI Consulting
Publishes 2007 Flat Panel Display Chemicals
and Materials
Report
Global 10 Year Outlook for Flat Panel Display Industry
MENLO
PARK, CA. September 6, 2007 — In
ten years flat panel displays (FPD) are expected to
have 98% of the large and growing electronic display
market worldwide, valued at $79 billion in 2006. Liquid
crystal displays (LCD) have over 80% of the FPD market
today and will remain the leader for the next ten years
due to continuous innovation, an established supply
chain and aggressive pricing strategies for chemicals.
Flat Panel Display Chemicals and Materials, a special
report released today by SRI Consulting (SRIC), analyzes
the skyrocketing growth in FPD and its impact on chemical
suppliers over the next ten years. The report describes
the leading FPD chemical markets, trends, opportunities and
success factors for all the major regions worldwide including
extensive coverage of companies and manufacturing capabilities. The
report also contains comprehensive information about technologies
and applications with focus on the leading flat panel display
technologies: liquid crystal displays (LCD), plasma display
panels (PDP) and organic light emitting diode (OLED) panels,
along with information on promising emerging technologies
such as field emission and flexible displays.
SRIC data show that LCD panels established an early lead
among FPD and remain dominant with a 77% share this year
on a visual area basis. The growth of LCD panels is
due to their rapid incorporation into consumer, business
and industrial applications. The success of LCDs has
been facilitated by advancements in LCD chemicals such as
glass substrates and functional films. Liquid crystals
alone have over a $1 billion market worldwide. Over
the next five years, LCDs are expected to grow from 39 million
to 84 million square meters of visual area, or an average
of 17% annually.
R.J. Chang, Assistant Director of SRIC’s Specialty
Chemicals Update Program (SCUP) commented, “The FPD
chemical market amounted to $33.3 billion last year and is
expected to grow to $76 billion by 2017. LCD chemicals
account for about 88% of the FPD chemicals used today. From
2012 to 2017 LCD chemicals growth will decline to about 2%
annually as applications for newer technologies such as OLEDs
enter the market.”
The Flat Panel Display Chemicalsand Materials report
also examines future trends such as the development of multifunctional
films and materials and the incorporation of inkjet wet processing;
both are expected to significantly decrease production costs.
Yosuke Ishikawa, lead author of the report and Senior Consultant
at SRIC commented: “The displacement of CRTs
with LCD panels is the major positive driver of the FPD industry. The
most influential factor in the emergence of LCD as the technology
leader was the rapid decline in prices for chemicals and
materials.”
Mr. Ishikawa, a veteran industry observer, added, “LCD
will continue to have an advantage as countries adopt digital
broadcasting and/or high definition TV. Displays will
need to contain a high number of pixels, which today’s
LCDs can provide. OLED displays will replace LCDs in
some applications like mobile phones, but the main driver
for OLED growth will be its potential of lower energy consumption.”
The FPD Chemicals and Materials report contains over 450
pages of information combining government information with
independent research data obtained directly from major industry
organizations.
For additional information about Flat Panel Display
Chemicals and Materials report, please
contact RJ Chang at +1 650 384 4320 or rchang@sriconsulting.com. Also
visit SRI Consulting’s website at www.sriconsulting.com for
a complete offering of reports.
About SRI Consulting
SRI Consulting (SRIC) is the world’s leading business
research service for the global chemical industry. Publishing
for almost 60 years, SRI Consulting is the preeminent source
for in-depth business and process analysis. SRI Consulting’s
headquarters are located in Menlo Park, California with offices
in The Woodlands, Texas; Zürich, Switzerland; Tokyo,
Japan; and Beijing, China. SRI Consulting is a division
of Access Intelligence, LLC. Additional information
is available at www.sriconsulting.com.
SRI Consulting (SRIC) is a trade name and a registered trademark
of SRI International, used under license.
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