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New NanoMarkets Report States that LED Phosphor Shipments to Reach 800 Million Metric Tons by 2019

New NanoMarkets Report States that LED Phosphor Shipments to Reach 800 Million
Metric Tons by 2019

The report says that despite this growth, Chinese competition and the fall in
rare earth prices are hitting phosphor prices hard. As a result, the phosphor
market will reach just $442 million ($US) in revenue in 2019 compared with
$353 million in 2014.

GLEN ALLEN, Va., Dec. 19, 2013 (GLOBE NEWSWIRE) -- via PRWEB - Glen Allen, VA:
As LEDs continue to rapidly penetrate the general illumination sector, LED
phosphors suppliers will experience strong volume growth with phosphor
shipments growing to 798 metric tons in 2019 from about 523 metric tons in
2014. This is according to a new report titled, "LED Phosphors Markets-2014,"
from NanoMarkets, an industry analysis firm based here. The report says that
despite this growth, Chinese competition and the fall in rare earth prices are
hitting phosphor prices hard. As a result, the phosphor market will reach just
$442 million ($US) in revenue in 2019 compared with $353 million in 2014.

For more details on the report see:
http://nanomarkets.net/market_reports/report/led_phosphor_markets_2014

About the report:

This new report from NanoMarkets identifies and quantifies the opportunities
in the LED phosphor space. The report contains a granular eight-year forecast
of LED phosphor usage in value and volume (metric ton) terms with coverage of
all the leading LED applications. These applications include display
backlighting, indoor lighting, outdoor lighting, automotive lighting, and
specialty lighting.

For each of these applications, the forecasts are broken out by the type of
phosphor used and the type of deposition process used. Phosphors covered in
this report comprise: garnets, nitrides, aluminates and silicates. Deposition
processes considered include both conventional deposition and remote/filter
technology.

The report also discusses the product market strategies of the leading
suppliers of phosphors and the phosphor strategies of leading LED companies.
Companies discussed in this report include: ATMI, Beijing Yuji, Cree, Denka,
Epistar, Dow Electronic Materials, eTiger, GE, Intematix, Mitsubishi Chemical
Holdings, Nichia, Optiled, Osram, Samsung, Seoul Semiconductor, Sony, Toyoda
Gosei and TSMS Solid State Lighting

From the report:

Almost the entire phosphor value chain is now located in China including raw
materials supply, LED manufacture and a major share of the end-user market.
Chinese phosphor suppliers have become notorious as low-cost suppliers and
this has helped fuel a worldwide phosphor price war.

While NanoMarkets believes these trends will continue to hurt margins in the
LED phosphor space, there remain significant opportunities for phosphor
makers. Although only a $51 million business today, the general illumination
market will consume $171 million in phosphors in 2019 and around $250 million
in 2021. This will make it the largest segment of the LED phosphors market;
bigger than backlighting market which currently dominates LED phosphor sales.
One reason for this market expansion is that LEDs are now dropping to a point
where they can actively compete with CFLs for the general illumination dollar.
Some countries may miss the CFL phase of the evolution of solid-state lighting
altogether and move straight from incandescent bulbs to LEDs.

Nitride and oxynitride phosphors are also expected to grow fast, almost
quadrupling in volume shipments from 2014 to reach 179 metric tons in 2019,
with 313 metric tons shipped in 2021. Nitride phosphors will enjoy this strong
growth because they offer the market improved durability, brightness and a
good color rendering index (CRI). These are attractive features in the general
illumination market in which LEDs still perform poorly in comparison to the
traditional incandescent bulb.

About NanoMarkets: NanoMarkets tracks and analyzes emerging markets in energy,
electronics and other area created by developments in advanced materials. The
firm is a recognized leader in industry analysis and forecasts in the advanced
lighting sector and has been producing industry analysis reports on
solid-state lighting markets for more than five years.

Visit http://www.nanomarkets.net for a full listing of NanoMarkets' reports
and other services.

Contact:

Robert Nolan
NanoMarkets
(804) 938-0030
rob(at)nanomarkets(dot)net

This article was originally distributed on PRWeb. For the original version
including any supplementary images or video, visit
http://www.prweb.com/releases/2013/12/prweb11436350.htm

CONTACT: NanoMarkets
         Robert Nolan
         rob@nanomarkets.net
         +1 (804) 938-0030