Japan LGP (Light Guide Plate) Market Business Risks and Competitive Threats

Overview Of LGP (Light Guide Plate) Industry 2021-2025:

This has brought along several changes in This report also covers the impact of COVID-19 on the global market.

The LGP (Light Guide Plate) Market Report a detailed study of different aspects of the Global Market. LGP (Light Guide Plate) in TVs is a transparent acrylic panel made from pure PMMA resin, on whose bottom face a dot matrix is printed or a line matrix is scratched. The light source is installed on its edge(s). It distributes the light coming from the light source evenly over the whole upper face of the acrylic panel.
Light guide plate is a key component of any backlit display. In this report, we focus on the investigation of light guide plates used in the TV industry. It should be noted that 1 MT LGP products contains about 200 pieces of plates while the plate size is around 1200*1200*3 mm.
As an important component of LCD backlighting panels, LGP (Light Guide Plate) in TVs is manufactured by injection molding or cut forming method. LGP is divided into two types according to the production process of light lattice: printing LGP and non-printing LGP. In 2015, printing LGP accounted for 61.25% of the total production, while non-printing LGP took for 38.72%.
In 2015, 41.12% LGP were used in the production of 30-50 inch TV. 33.59% were used in 50-80 inch TV, while the remaing 25.29 percent were consumed in smaller size (80 inch) TV.
Japan, Korea, Taiwan and China are the major production regions. Taiwan tooking 36.35% of the global production. Followed by China with 28.64 percent production market share, Japan with 16.30% and Korea with 11.19%. Mitsubishi Rayon is the world leader in this market with manufacturing factory in Japan and China. Chi Mei comes from Taiwan is the largest manufacturer, who occupied 19.26% market share in 2015.PMMA is the key raw material of LGP. Manufaccture like Mitsubishi Rayon, Chi Mei, Sumitomo, Asahi Kasei and Kuraray all have their own production line of PMMA, which promise their raw material source. The global LGP average price was 3861 USD/MT in 2015 and product profit margin was about 20.79%. Its price is forecasted to slowly decline in the recent years.

It shows the steady growth in market in spite of the fluctuations and changing market trends. The report is based on certain important parameters.

The Top key vendors in LGP (Light Guide Plate) Market include are:- Mitsubishi Rayon, Chi Mei, Darwin, Fengsheng, Sumitomo, Asahi Kasei, Kuraray, Seronics, S-Polytech, GLT, Entire, KOLON

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This research report categorizes the global LGP (Light Guide Plate) market by top players/brands, region, type and end user. This report also studies the global LGP (Light Guide Plate) market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.

Major Product Types covered are:

Printed LGP
Non-printed LGP

Major Applications of LGP (Light Guide Plate) covered are:

80 Inch TV

Region wise performance of the LGP (Light Guide Plate) industry

This report studies the global LGP (Light Guide Plate) market status and forecast, categorizes the global Cable Conduits market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, China, Japan, Southeast Asia India and Other regions (Middle East & Africa, Central & South America).

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The study objectives of this report are:

• Focuses on the key global LGP (Light Guide Plate) companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
• To project the value and sales volume of LGP (Light Guide Plate) submarkets, with respect to key regions.
• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
• To study and analyze the global LGP (Light Guide Plate) market size (value & volume) by company, key regions, products and end user, breakdown data from Last Five Years, and forecast to 2025.
• To understand the structure of LGP (Light Guide Plate) market by identifying its various sub segments.
• To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

Scope of the Report:-

The report scope combines a detailed research of Global LGP (Light Guide Plate) Market 2021 with the apprehension given in the advancement of the industry in certain regions.

The Top Companies Report is designed to contribute our buyers with a snapshot of the industry’s most influential players. Besides, information on the performance of different companies, profit, gross margin, strategic initiative and more are presented through various resources such as tables, charts, and info graphic.

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