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.

The report offers detailed coverage of LGP (Light Guide Plate) industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading LGP (Light Guide Plate) by geography. The report splits the market size, by volume and value, on the basis of application type and geography.

The report forecast global LGP (Light Guide Plate) market to grow to reach xxx Million USD in 2023 with a CAGR of xx% during the period 2023-2030.

First, this report covers the present status and the future prospects of the global LGP (Light Guide Plate) market for 2018-2030.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
Mitsubishi Rayon
Chi Mei
Darwin
Fengsheng
Sumitomo
Asahi Kasei
Kuraray
Seronics
S-Polytech
GLT
Entire
KOLON

At the same time, we classify LGP (Light Guide Plate) according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.

Market Segment as follows:
Market by Order Type
Printed LGP
Non-printed LGP
Market by Application
80 Inch TV

By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the LGP (Light Guide Plate) market for the forecast period 2023 - 2030?
• What are the driving forces in the LGP (Light Guide Plate) market for the forecast period 2023 - 2030?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the LGP (Light Guide Plate) industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?

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