Optical Fiber Preform Market Key Manufacturers Corning, Fujikura and Prysmian

PUNE, India, November 18, 2016 /PRNewswire/ --

ReportsnReports.com adds "Global and China Optical Fiber Preform Industry Report, 2016-2020" and "Global Optical Fiber Preform Market Research Report 2016" with 2020 and 2021 Forecasts to its online business intelligence library.

With large-scale deployment of gigabit network, global demand for optical fiber and cable grows significantly. Staying at the peak of the pyramid of the optical fibre and cable industry, the optical fibre preform industry witnesses rapid development, with global demand reaching 11,017 tons in 2015, up 21.6% from a year ago, and expected to attain 21,000 tons in 2020. China is the world's largest consumer of optical fibre preform, needing 6,167 tons in 2015, 56.0% of the world's total, followed by the United States (12.7%) and Japan (8.2%).

Complete report of 134 pages is available at http://www.reportsnreports.com/reports/644153-global-and-china-optical-fiber-preform-industry-report-2016-2020.html .

Promoted by the implementation of "Broadband China", "Internet +" and "Full Fiber-optic Network" strategies, the Chinese optical fibre preform market demand will maintain a growth rate of around 16.8% during 2016-2020, hitting 13,600 tons in 2020 (64.7% of global demand).

The Chinese optical fiber preform market is still plagued by supply shortage with a narrowing gap from 1,949 tons in 2010 to 567 tons in 2015. As local production capacity in China is continuously boosted, optical fiber preform is expected to be completely self-sufficient from 2017 onward.

Global and Chinese optical fiber preform markets are highly concentrated. In 2015, top5 suppliers (YOFC, Corning, Pysmian, Shin-Etsu Chemical, and Hengtong Optic-electric) held a combined global share of 61.3% (by output). Chinese YOFC shared the most 16.4%, followed by U.S. Corning.

Major Global Optical Fiber Preform Companies are Corning, Sumitomo Electric Industries, Shin-Etsu Chemical, Fujikura, Prysmian, Furukawa Electric and TwentscheKabel Holding (TKH).

Order a copy of Global and China Optical Fiber Preform Industry Report, 2016-2020 at http://www.reportsnreports.com/purchase.aspx?name=644153 .

Attracted by good development prospects in the Chinese optical communication market, global companies have scaled up their investment in China to expand capacity. In 2016, several major Chinese enterprises have been aggressive in building new plants to raise optical fiber preform and optical fiber drawing tower capacities.

YOFC: the world's largest supplier of optical fiber preform. In 2016, the company is building Qianjiang Science Park, with Phase I (1,000 t/a optical fiber preform and 10 million core km/a optical fiber) planned to go into production at the end of the year. When Phase II and Phase III are completed and put into operation, the Park will develop production capacity of 3,000 ton/a optical fiber preform and 25 million core km/a optical fiber, becoming the largest optical fiber preform production base in the world.

Shin-Etsu Chemical: First optical fiber preform plant (a joint venture with Fasten Group and other companies) in China went into production in Feb 2012; the second optical fiber preform plant in Hubei (a joint venture with YOFC) is being built and expected to go into operation at the end of 2016 when the company's optical fiber preform capacity in China will total 690 ton/a.

Hengtong Optic-electric: Optical fiber preform business restructuring is scheduled to be carried out in 2016. The company announced in March that it would invest RMB500 millionof its own funds to set up a wholly-owned subsidiary- Hengtong Photoconductive New Materials with a planned optical fiber preform capacity of 1,500 ton/a.

Explore more Advanced Materials market reports at http://www.reportsnreports.com/market-research/advanced-material/ .

Another research titled "2016 Market Research Report on Global Optical Fiber Preform Industry" is spread across 118 pages and profiles 16 companies of the Chemicals industry that provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. Companies profiled this research includes YOFC, Corning Incorporated, Prysmian Group, Shin-Etsu Chemical, Furukawa Electric, Sumitomo Electric Industries, Hengtong Guangdian, Fujikura, OFS Fitel, HeraeusTenevo, SWCC Showa, Fasten Group, Fiberhome Telecommunication Technologies, Hangzhou Futong Showa Optical communication, Twents(Nanjing)Fiber Optics and Jiangsu Zhongtian Technology. The Global Optical Fiber Preform Industry 2016 Market Research Report is available at http://www.reportsnreports.com/reports/735231-global-optical-fiber-preform-market-research-report-2016.html .

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