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Analysis on the Development Prospect of China Flat Display Panel

         China's flat display panel capacity is rapidly increasing. In nearly a decade, global demand for display panel has continued to increase. The global display panel output value reached 148 billion US dollars in 2015, of which TFT-LCD output value is 133.7 billion US dollars, accounting for 91% of the FDP (Flat display panel) industry. For the global TFT-LCD industry, with the high speed development of China’s flat panel industry, the whole display industry has been transformed into a new pattern of industry from the original Japan, South Korea and Taiwan. With the rapid construction of China’s high generation line, China will still be in the position in the global flat-panel display industry. By the end of 2015, the Chinese mainland has built 25 production lines, including 8 lines of 8.5-generation line, 17 lines of 6-generation and small-medium generation line. It is expected that by 2018, China's panel production line will reach 40 lines.

Flat panel display is still in the industry rapid growth period. “12th Five-Year” national strategic emerging industry development plan", "National electronic information industry manufacturing 12th Five-Year" development plan, "About to organize the implementation of the new flat-panel displays and broadband network equipment development and industrialization of special matters related notice”, these national industrial policies have emphasized the importance of a new generation of display technology strategic significance, and focus on supporting the construction of high- generation line development. The future of the domestic high-generation line flat display will be in a continuous heavy volume of the process, its related materials industry will receive a better growth prospects and earnings prospects. 

At present, China's flat panel display area of wet chemical market demand is expected to total about 160,000 tons. With the continuous promotion of flat panel display, the expansion of industrial scale, especially the high generation of the development trend of the product yield, stability, resolution and response time requirements will be higher and higher, the corresponding high-generation line The requirements of wet electronic chemicals are also getting higher and higher. It is expected that by 2017, China's flat panel display wet electronic chemicals market demand will be more than 300,000 tons.