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

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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.

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