Global and China Optical Fiber Preform Industry Report, 2018-2023 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Aug 27, 2018--The “Global and China Optical Fiber Preform Industry Report, 2018-2023” report has been added to ResearchAndMarkets.com’s offering.
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
Optical fiber preform, playing an important role in the optical fiber and cable industry chain, seized about 70% profits of optical fiber. In 2017, the global demand for optical fiber preform rose at 11.1% year on year reaching 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, with a percentage of 60.5% in global demand and expected to reach 61.6% in 2023.
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, the global optical fiber preform market is characterized by a high concentration, only about 20 players distribute in Japan, USA and China.
Allured by the 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 the expansion by the industry giants, the key optical fiber and cable companies are also foraying 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.
Key Topics Covered:
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
Companies MentionedCorning Corning Optical Fiber Cable Chengdu Co. Ltd. Corning (Hainan) Optical Communication Co., Ltd. Sumitomo Electric Industries Shin-Etsu Chemical Fujikura Yangtze Optical Fiber and Cable (YOFC) Hengtong Optic-electric Tongding Interconnection Information Zhongli Sci-Tech Tianjin Xinmao Science & Technology Hangzhou Cable
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Related Topics:Optoelectronics,Telecommunications Equipment
KEYWORD: ASIA PACIFIC CHINA
INDUSTRY KEYWORD: TECHNOLOGY TELECOMMUNICATIONS
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 08/27/2018 07:29 AM/DISC: 08/27/2018 07:29 AM