NEW YORK, USA (AVING) -- <Visual News> Displaybank, a global authority in market research and consulting for the display and solar industries, today announced that LG Chemical has reaffirmed its strong dominance in the polarizer market. Based on second-quarter of 2009, LG Chemical recorded 29% market share in large-area TFT-LCD polarizer market to be ranked No.1 position for three consecutive quarters. These and other findings are disclosed in Displaybank's newly updated Polarizer & Optical Films Industry Trend Analysis, which covers polarizer and optical films market on a quarterly basis.

Polarizer for TFT-LCD comprises 95% of the total polarizer market. Looking at the market by application, market for LCD TV-use polarizer recorded US$800 million on second-quarter 2009 to comprise 52% of the total large-area TFT-LCD polarizer market. In terms of area, LCD TV-use polarizer comprised 57% of the total large-area TFT-LCD polarizer market in second-quarter 2009.

TV-use polarizer market share by maker based on second-quarter 2009 show LG Chemical in No.1 ranking with 30% followed by Nitto Denko in No.2 ranking with 29% and Sumitomo Chemical in No.3 ranking with 25% market share. Combined market share of the three companies reach 80%. As LG Chemical initiates its polarizer supply to IPS Alpha and Samsung Electronics, its market share is anticipated to go higher.

Monitor-use polarizer market share by maker based on second-quarter 2009 show LG Chemical in No.1 ranking with 37% market share followed by Nitto Denko in No.2 ranking with 19% and ACE Digitech at No.3 ranking with 16% market share. Taiwan's CMMT and Daxon are rapidly increasing their market share to record 11% and 7% respectively in second-quarter 2009.

NotePC-use polarizer market share by maker show Sumitomo in No.1 ranking with 37% market share followed by Nitto Denko in No.2 ranking with 34% market share. Over 60% of NotePC market is dominated by Nitto Denko and Sumitomo. ACE Digitech was ranked in No.3 with 17% global market share by supplying 50% of Samsung's total available NotePC polarizer demands.