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2017
Oled Materials Market

OLED Materials Market

by Type (Substrates, Encapsulation, Anode, Hole Injection Layer (HIL), Hole Transport Layer (HTL), Electron Transport Layer (ETL), Emissive Layer (EML), and Cathode), Application (Display (Television & Monitors, Smartphones, Notebooks & Tablets, Automotive, and Others) and Lighting), End User (Residential, Commercial, and Industrial) - Global Opportunity Analysis and Industry Forecast, 2017-2023
Update Available On-Demand

Report Code: A02624
Pages: 180
Aug 2017 | 13836 Views
Author(s) : Akhila P
Tables: 77
Charts: 33
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OLED Materials Market Overview:

Global OLED materials market was valued at $5,932 million in 2016, and is expected to reach $25,731 million by 2023, registering a CAGR of 26.3% during the forecast period. The OLED display technology has gained popularity in the global materials market in the recent years, attributed to the increase in sales of smartphones and LED TVs. Asia-Pacific holds the largest market share owing to the presence of world-renowned firms such as LG Electronics and Samsung Electronics.

OLED Materials Market

The global OLED materials market is driven by increase in population and rise in disposable income of consumers. Increase in demand for wireless devices is also anticipated to augment the growth during the forecast period. Moreover, surge in collaborations between manufacturers and retailers is estimated to provide new opportunities for market expansion.

Segment Review

Global OLED Materials Market: Segmentation

Global OLED Materials Market: Segmentation

The report segments the global OLED materials market based on type, application, end user, and geography. On the basis of type, it is divided into substrates, encapsulation, anode, hole injection layer (HIL), hole transport layer (HTL), electron transport layer (ETL), emissive layer (EML), and cathode. By application, it is classified into display and lighting. The display segment is further classified as television & monitors, smartphones, notebooks & tablets, automotive and others. Based on end user, the market is broadly classified into residential, commercial, and industrial. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific is expected to dominate the global OLED materials market till 2023.

Top Investment Pockets

OLED Materials Market Top investment pockets

In 2016, the smartphones segment accounted for over one-third share of the global market. The smartphones segment is the top investment pockets, owing to its high demand from consumers in Asia-Pacific. Growth in awareness among consumers pertaining to new technology advancements is anticipated to augment its demand in the near future.

Asia-Pacific OLED materials market

The consumption of OLED materials in Asia-Pacific is expected to increase, owing to growth in population, increased adoption of new technologies, and stable economic growth. OLED materials are widely accepted by Korea and China, as these countries mark the presence of renowned companies in the electronics sector. Changes in standards of living and comfort provided by smartphones driving the demand for these materials. This in turn is anticipated to boost the global OLED materials market during the forecast period.

Asia-Pacific OLED Materials Market for Industrial Application, 2016-2023 ($million)

Asia-Pacific OLED Materials Market for Industrial Application, 20162023 ($million)

The prominent players operating in the global OLED materials market focus on product launch as their key strategy to gain significant share in the market.

The key players profiled in the report are Sigma-Aldrich Co. LLC., DuPont, Novaled GmbH, Merck KGaA, LG Chem, TCI America, Sumitomo Chemical, Universal Display, The Dow Chemical Company, and Idemitsu Kosan Co., Ltd.

The other players not profiled in the report include Cambridge Display Technology, Beijing Aglaia Technology Development Co., Ltd., BASF SE, Borun Chemical Co., Ltd., Hodogaya Chemical Group, Heraeus Holding, and Covestro AG.

Key Benefits for OLED Materials Market:

  • Porter’s five forces analysis helps to analyze the potential of buyers & suppliers and the competitive scenario of the industry for strategy building.
  • It outlines the current trends and future scenario of the market from 2017 to 2023 to understand the prevailing opportunities and potential investment pockets.
  • Major countries in each region have been mapped according to their individual revenue contribution to the global/regional market.
  • The key drivers, restraints, and opportunities and their detailed impact analyses are elucidated in the study.
  • The profiles of key players along with their key strategic developments are enlisted in the report.

OLED Materials Market Key Segmentation:

By Type

  • Substrates
  • Encapsulation
  • Anode
  • HIL
  • HTL
  • ETL
  • EML
  • Cathode

By Application

  • Display
    • Television & Monitors
    • Smartphones
    • Notebooks & Tablets
    • Automotive
    • Others
  • Lighting

By End User

  • Residential
  • Commercial
  • Industrial

By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Korea
    • Australia
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • South Africa
    • KSA
    • Rest of LAMEA

OLED Materials Market Report Highlights

Aspects Details
By Type
  • Substrates
  • Encapsulation
  • Anode
  • HIL (HOLE INJECTION MATERIAL)
  • ETL (ELECTRON TRANSPORT MATERIAL)
  • EML (EMISSIVE MATERIAL)
  • OTHERS (HTL AND EBL)
By Application
  • Display
  • LIGHTING
By End User
  • RESIDENTIAL
  • COMMERCIAL
  • INDUSTRIAL
By Geography
  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • France
    • Germany
    • UK
    • Spain
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • China
    • Japan
    • Korea
    • Australia
    • Rest of Asia Pacific
  • LAMEA
    • Brazil
    • KSA
    • South Africa
    • Rest of LAMEA
Key Market Players SIGMA-ALDRICH CO. LLC., DUPONT, NOVALED GMBH, MERCK KGAA, LG CHEM, TCI AMERICA, SUMITOMO CHEMICAL, UNIVERSAL DISPLAY, THE DOW CHEMICAL COMPANY, IDEMITSU KOSAN
 

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An organic light-emitting diode (OLED) is defined as a light-emitting diode (LED) in which a film of organic compound emits light in response to electric current. The global OLED market has witnessed significant growth in the recent years, owing to rise in disposable income and growth in demand for smartphones. The continuous development in electronics industry has led to adoption of OLED, which in turn drives the demand for OLED materials.

Asia-Pacific is anticipated to account for significant share in the global OLED materials market, owing to presence of industry giants in the smartphones and television industry. Some of the key players have focused on collaborations with players in the electronics industry to maintain their continuous supply of OLED materials.

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