Flat Panel & CRT Display Materials: World Markets to 2008

SUMMARY

 Global demand to see double-digit annual growth through 200

Worldwide demand for materials used in flat panel and CRT displays is expected to exhibit strong growth, over 12 percent annually through 2008 to over US$22 billion. Gains will improve over the 1998 to 2003 time period, with rapid growth in materials for flat panel displays more than offsetting weakness in CRT materials. Flat panel display materials will benefit from improving economic conditions in developed nations that will both drive increased demand for personal communication devices and notebook computers, and -- along with rapidly falling prices -- accelerate the replacement of the existing installed base of CRT monitors and televisions with newer flat panel alternatives. The replacement trend, however, will also be responsible for the weakness in demand for CRT materials, as CRTs lose ground in the display market.

Glass to remain largest material component

Glass will remain the single largest material component, though growth will be weak due to the slowdown in the CRT display market. This will allow chemical materials, which will be the fastest growing componentand which find greater use in flat panel displays, to reach near parity with glass. Coatings and films, another key component for flat panel displays, will also experience strong growth as display producers continue to rely upon films to achieve enhanced visual experiences.

Asia/Pacific region to dominate world displays market

CRT and flat panel material demand will become even more concentrated in the Asia/Pacific region, rising to over 90 percent of world demand as display production becomes increasingly concentrated in countries such as Taiwan, China and South

World Display Material Demand by Application, 2003-08

Korea. Flat panel material demand will be focused in South Korea, Taiwan and Japan, with growing share in China as well. CRT material demand will be more diffuse worldwide as some existing CRT production will continue in the Americas and Western Europe, and production in Eastern Europe, particularly Poland, will show good growth. The majority of CRT material demand will continue to come from the Asia/Pacific region, with China having the largest share.

Study coverage

Materials in Flat Panel & CRT Displays: World Markets is a new Freedonia study. It provides historical demand data to 2003 as well as forecasts to 2008 and 2013 by material and application for six regions and 12 countries. This study also presents company market share data and profiles 33 global industry competitors.

TABLE OF CONTENTS

INTRODUCTION

I. EXECUTIVE SUMMARY

II. MARKET ENVIRONMENT

General

World Economic Outlook

Recent Economic Performance

Macroeconomic Outlook

World Electronics Sector Outlook

World Demographic Outlook

World Display Outlook

Flat Panel Display

Cathode Ray Tube

Display Technology Trends

Display Types Overview

Cathode Ray Tube

Flat Panel

Advanced Display Issues

TFT-LCDs

PDP Displays

Organic Light-Emitting Diode Technology

Microdisplays

Micro-Electromechanical Systems (MEMS)

Nanotechnology

III. PRODUCT & APPLICATION OVERVIEW

Product Overview

Glass

CRT Glass

Flat Panel Glass

Coatings & Films

Polarizing Films

Brightness Enhancing Films

Conductive Coatings

Optical Compensation Films

Other Films & Coatings

Chemicals

Liquid Crystals

Metal Materials

Gases

Photoresists & Adjuncts

Cleaning & Etch Chemicals

Color Materials

Black Matrix Materials

Phosphors

Other Color Materials

Other Materials

Application Overview

Flat Panel Display

Liquid Crystal Display

Plasma Display

Other

Cathode Ray Tube Display

Regional Overview

Production & Trade

IV. ASIA/PACIFIC

General

South Korea

Japan

Taiwan

China

Malaysia

Singapore

Hong Kong

Other Asia/Pacific

V. AMERICAS

General

United States

Brazil

Mexico

Other Americas

VI. WESTERN EUROPE

General

Germany

United Kingdom

Other Western Europe

VII. OTHER REGIONS

General

Eastern Europe

Africa/Mideast

VIII. INDUSTRY STRUCTURE

General

Industry Composition

Market Share

Market Leaders

Competitive Strategies

Research & Product Development

Mergers, Acquisitions & Industry Restructuring

Strategic Partnerships

Company Profiles

Acheson Colloids, see Imperial Chemical Industries plc

Air Products and Chemicals Incorporated

Asahi Glass Company Limited

AZ Electronic Materials

BOC Group plc

Brewer Science Incorporated

Cambridge Display Technology Incorporated

Carl-Zeiss-Stiftung

Cheil Industries Incorporated

Chisso Corporation

Clariant International Limited

Corning Incorporated

Dai Nippon Printing Company Limited

Dongwoo Optical Film, see Sumitomo Chemical

Dow Chemical Company

DuPont (EI) de Nemours

E Ink Corporation

Hitachi Limited

Imperial Chemical Industries plc

JSR Corporation

Kaneka Corporation

L Air Liquide SA

LG Chem Limited

LG MMA, see Sumitomo Chemical

Merck KGaA

Messer Nippon Sanso GmbH & Company KG, see

Taiyo Nippon Sanso Corporation

Mitsui Chemicals Incorporated

NH Techno Glass, see Nippon Sheet Glass

Nippon Electric Glass Company Limited

Nippon Sanso, see Taiyo Nippon Sanso

Nippon Sheet Glass Company Limited

Nitto Denko Corporation

Optimax Technology Corporation

Praxair Incorporated

Rohm and Haas Company

Saint-Gobain

Samsung Corning Precision Glass, see Corning

Sanritz Corporation

SC-IK Technology, see Sumitomo Chemical

SCHOTT Group, see Carl-Zeiss-Stiftung

Sumika Electronic Materials Wuxi, see Sumitomo Chemical

Sumitomo Chemical Company Limited

Taiyo Nippon Sanso Corporation

Techneglas Incorporated, see Nippon Electric Glass

3M Company

TOK Taiwan, see Tokyo Ohka Kogyo

Tokyo Ohka Kogyo Company Limited

White Martins Gases Industriais Limitada, see Praxair

Other Companies Mentioned in Study

LIST OF TABLES

SECTION I -- EXECUTIVE SUMMARY

Summary Table

SECTION II -- MARKET ENVIRONMENT

1 World Gross Domestic Product by Region

2 World Electronic Product Shipments by Region

3 World Population by Region

4 World Display Production by Type & Region

SECTION III -- PRODUCT & APPLICATION OVERVIEW

1 World Display Material Demand by Type

2 World Display Glass Demand

3 World Display Coating & Film Demand by Type

4 World Display Chemical Demand by Type

5 World Display Color Material Demand by Type

6 World Other Display Material Demand

7 World Display Material Demand by Application

8 World Flat Panel Display Material Demand by Type & Application

9 World Liquid Crystal Display Material Demand by Type

10 World Plasma Display Panel Material Demand by Type

11 World Other Flat Panel Display Material Demand by Type

12 World Cathode Ray Tube Material Demand by Type

13 World Display Material Demand by Region

SECTION IV -- ASIA/PACIFIC

1 Asia/Pacific Electronic Display Production

2 Asia/Pacific Electronic Display Material Demand by Type & Application

3 South Korea Electronic Display Production

4 South Korea Electronic Display Material Demand by Type & Application

5 Japan Electronic Display Production

6 Japan Electronic Display Material Demand by Type & Application

7 Taiwan Electronic Display Production

8 Taiwan Electronic Display Material Demand by Type & Application

9 China Electronic Display Production

10 China Electronic Display Material Demand by Type & Application

11 Malaysia Electronic Display Production

12 Malaysia Electronic Display Material Demand by Type & Application

13 Singapore Electronic Display Production

14 Singapore Electronic Display Material Demand by Type & Application

15 Hong Kong Electronic Display Production

16 Hong Kong Electronic Display Material Demand by Type & Application

17 Other Asia/Pacific Electronic Display Production

18 Other Asia/Pacific Electronic Display Material Demand by Type & Application

SECTION V -- AMERICAS

1 Americas Electronic Display Production

2 Americas Electronic Display Material Demand by Type & Application

3 United States Electronic Display Production

4 United States Electronic Display Material Demand by Type & Application

5 Brazil Electronic Display Production

6 Brazil Electronic Display Material Demand by Type & Application

7 Mexico Electronic Display Production

8 Mexico Electronic Display Material Demand by Type & Application

9 Other Americas Electronic Display Production

10 Other Americas Electronic Display Material Demand by Type & Application

SECTION VI -- WESTERN EUROPE

1 Western Europe Electronic Display Production

2 Western Europe Electronic Display Material Demand by Type & Application

3 Germany Electronic Display Production

4 Germany Electronic Display Material Demand by Type & Application

5 United Kingdom Electronic Display Production

6 United Kingdom Electronic Display Material Demand by Type & Application

7 Other Western Europe Electronic Display Production

8 Other Western Europe Electronic Display Material Demand by Country, Type & Application

SECTION VII -- OTHER REGIONS

1 Other Regions Electronic Display Production

2 Other Regions Electronic Display Material Demand by Region, Type & Application

3 Eastern Europe Electronic Display Production

4 Eastern Europe Electronic Display Material Demand by Type & Application

5 Africa/Mideast Electronic Display Production

6 Africa/Mideast Electronic Display Material Demand by Type & Application

SECTION VIII - INDUSTRY STRUCTURE

1 Selected Display Material Manufacturers Revenue Data, 2003

2 Selected Acquisitions & Divestitures

3 Selected Cooperative Agreements

LIST OF CHARTS

SECTION III -- PRODUCT & APPLICATION OVERVIEW

1 World Display Material Demand by Type, 2003

2 World Display Material Demand by Application, 2003

3 World Display Material Demand by Region, 2003

SECTION VIII -- INDUSTRY STRUCTURE

1 World Display Material Market Share by Company, 2003