Key LED Phosphors Market Players:
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
The LED phosphor market is highly competitive, with the leading players investing in R&D, strategic collaborations, and IP accumulation. Key players are expanding their portfolios with thermally stable, high-CRI, and eco-friendly phosphors to meet different application demands. Seaborough B.V. and Luminus Devices formed a joint venture to introduce the world's first nano-engineered europium-based LED phosphor, a significant recent innovation, in May 2025. The alliance gives Luminus early access to EuroLED technology for high-performance, energy-efficient warm white LEDs. The alliance illustrates how partnerships and proprietary materials innovation are accelerating product development and market expansion, driving the next wave of LED phosphor innovations.
Here are some leading companies in the LED phosphors market:
|
Company |
Headquarters |
Market Share (%) |
|
BASF |
Germany |
8.3% |
|
Sinopec |
China |
5.9% |
|
Dow |
USA |
4.8% |
|
SABIC |
Saudi Arabia |
3.9% |
|
Formosa Plastics |
Taiwan |
3.9% |
|
Ineos |
UK |
xx |
|
PetroChina |
China |
xx |
|
LyondellBasell Industries |
USA |
xx |
|
LG Chem |
South Korea |
xx |
|
ExxonMobil |
USA |
xx |
|
Mitsubishi Chemical Group |
Japan |
xx |
|
Hengli Petrochemical |
China |
xx |
|
Linde |
Ireland |
xx |
|
Air Liquide |
France |
xx |
|
Syngenta |
Switzerland |
xx |
Below are the areas covered for each company in the LED phosphors market: