2.3 C
London
Sunday, March 7, 2021

LED Phosphor Shipments to Reach 800 Metric Tons by 2019, But Sector Hit by Low Prices

Popular Articles

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 Markerts-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.

- Advertisement -

More articles

Latest articles

- Advertisement -The Smarter E 2021