High performance film materials are important new materials and core components in LCD field. The economic equity certificate company believes that under the trend of large display screens, the market space of optical films in most countries is expected to reach 11.2 billion yuan.

The market of polarizer in most countries is huge

Polarizer is one of the three key raw materials of LCD, accounting for about 10% of the panel cost. The larger the panel, the higher the cost proportion of polarizer.

Benefiting from the average area growth brought by the growth of TFT-LCD large-size panels, the demand for polarizers in most countries was about 6.28% in 2014-2019cagr; The production capacity of polarizers in most countries is expected to increase from 588 million square meters in 2014 to 787 million square meters in 2019, with an annual compound growth rate of 6.01%, mainly concentrated on the supply of Japanese and Korean enterprises.

However, from the perspective of the future production trend of polarizers, on the one hand, the production capacity of domestic companies will gradually expand; on the other hand, Japanese and Korean enterprises will gradually build production lines in Chinese Mainland, and the production of polarizers in most countries will gradually transfer to China. The domestic manufacturers are mainly represented by Shengbo optoelectronics and sanlipu, and the competitiveness of domestic polarizers will gradually improve in the future.

Localization will be carried out in the future

With the development of independent brands, the upstream panel enterprises are driven to continuously increase the investment in high-generation panel lines, which helps to reflect the rapid growth of domestic polarizer demand. However, there is still a very large gap between supply and demand.

At present, the domestic polarizer accounts for less than 40% of the domestic demand, and the self-sufficiency rate is expected to increase to 65% by 2019. It is expected that by 2019, the domestic panel manufacturers will demand about 185 million square meters of TFT-LCD polarizers and about 9.58 million square meters of OLED polarizers, and almost all of them are incremental demands; According to the production capacity planning of domestic manufacturers by 2019, the supply is only 120 million square meters, with a very large gap between supply and demand. As the core raw material of panels, polarizers will be localized in the future.

China is a very large producer and major consumer of TVs, computers and mobile phones in most countries. The downstream LCD TV and LCD panel production capacity is constantly transferred to China, driving the rapid development of the upstream optical film industry. Under the trend of large display screens, the market space of optical films in most countries is expected to reach 11.2 billion yuan.