Liquid Crystal Display or LCD glass substrates are specialty glasses used to produce LCD screens. These screens are mainly employed in the displays of devices such as mobiles, televisions, personal computers, etc. An LCD panel is formed by different layers of LCD glass substrate layers and other components such as polarizers and color filters among others.
LCD Glass Substrate Market: Dynamics
Complementing the widespread demand for LCD displays in electronic handheld and wired devices, the prices of LCD glass substrates are also witnessing approximately a mid-single digit decline rate in recent years. This is further expected to fuel the demand for LCD glass substrates. More and more LCD displays are being employed in the airplanes used in military, commercial (passenger and logistics taken together), and business services. CRT displays are rapidly being replaced with LCD displays, owing to their price-performance ratio, widening the scope of application for LCD glass substrates.
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