Optical Fiber Preform Market 2018 Key Companies, Sales, Demands and Forecasts to 2023 - ReportsnReports
Aug 02, 2018, 09:00 ET
PUNE, India, August 2, 2018 /PRNewswire/ --
Optical fiber preform, playing an important role in the optical fiber and cable industry chain, seizes about 70% profits of optical fiber. In 2017, the global demand for optical fiber preform rose 11.1% year on year and reached 15.3kt, and is expected to hit 31.5kt in 2023 with the CAGR of 12.2% between 2018 and 2023 because of the growing demand for broadband like FTTx (Fiber To The X). China is the largest consumer of optical fiber preform around the globe, as a percentage of 60.5% in global demand and the expected 61.6% in 2023.
Major Global Optical Fiber Preform Market Companies: Corning, Sumitomo Electric Industries, Shin-Etsu Chemical, Fujikura, Prysmian, Furukawa Electric, TwentscheKabel Holding (TKH)
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Major Chinese Optical Fiber Preform Industry Companies: YOFC, Hengtong Optic-electric, Jiangsu Zhongtian Technology (ZTT), FiberHome Technologies, Futong Group, Potevio Fasten Optical Communication
China, the world's largest producer of optical fiber preform as well, produced 7.55 kt in 2017, leaving a supply-demand gap of 1.75kt or so and still being in short supply. The short supply will continue as the demand for optical fiber and cable is growing. It is estimated after 2022, optical fiber preform in China will be self-sufficient, and the output and demand will amount to 20.2kt and 19.4kt in 2023, respectively.
Due to technical constraints, global optical fiber perform market is characterized by high concentration, only about 20 players distribute in Japan, USA and China, including Corning, Sumitomo Electric Industries, Shin-Etsu Chemical, Yangtze Optical Fiber and Cable (YOFC), and Hengtong Optic-electric, etc. Among them, YOFC topped with share of 14.7% in terms of capacity in 2017, followed by Corning with 14.4%.
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Allured by high prosperity of optical communication industry, there has been a remarkable increase of optical fiber preform industrialization projects across China over the recent two years. Apart from such giants' capacity expansion as YOFC, Hengtong Optic-electric and Futong Group, the key optical fiber and cable companies like Tongding Interconnection Information, Zhongli Sci-Tech, Tianjin Xinmao Science & Technology, and Hangzhou Cable also foray into optical fiber preform field. As estimated, the production capacity of optical fiber preform in China will be at least 25kt till 2023, showing a clear sign of overcapacity.
On July 10, 2018, Chinese government announced to continue imposing anti-dumping duties on optical fiber preform originated from Japan and the United States with 5-year implementation period. This move not only protects Chinese optical fiber preform companies but encourages local peers to make more investments into R&D and rev up production of optical fiber preform, practically conducing to independent innovation of optical fiber and cable industry and making for the development of optical communication in China. Additionally, the price of optical fiber preform is driven upwards and is expected to stand at RMB1,225/kg in 2018.
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Global and China Optical Fiber Preform Industry Report, 2018-2023 highlights the following:
- Global optical fiber preform market (supply & demand, regional distribution, price, competitive landscape and development trend);
- Chinese optical fiber preform market (Policy climate, supply & demand, import & export, price, competition pattern and development trend);
- Development of global and China optical fiber & cable market;
- 13 global and Chinese optical fiber preform companies (operation, optical fiber preform business, etc.).
Table of Contents
1. Overview of Optical Fiber Preform
2. Global Optical Fiber Preform Industry
3. Optical Fiber Preform Industry in China
4. Global and Chinese Optical Fiber & Cable Market
5. Major Global Optical Fiber Preform Companies
6. Major Chinese Optical Fiber Preform Companies
7. Summary and Forecast
Another related research Global and Chinese Solder Preform Industry, 2018 Market Research Report provides key statistics on the market status of the Solder Preform manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry. Firstly, the report provides a basic overview of the industry including its definition, applications and manufacturing technology. Then, the report explores the international and Chinese major industry players in detail. In this part, the report presents the company profile, product specifications, capacity, production value, and 2013-2018 market shares for each company. Through the statistical analysis, the report depicts the global and Chinese total market of Solder Preform industry including capacity, production, production value, cost/profit, supply/demand and Chinese import/export. The total market is further divided by company, by country, and by application/type for the competitive landscape analysis. The report then estimates 2018-2023 market development trends of Solder Preform industry.
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