The global OLED materials market size reached US$ 24.9 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 128.1 Billion by 2032, exhibiting a growth rate (CAGR) of 19.6% during 2024-2032.
More Info:- https://www.imarcgroup.com/oled-materials-market
2. About IMARC Group
International Market Analysis Research and Consulting Group is a leading adviser on management
strategy and market research worldwide. We partner with clients in all regions and industry
verticals to identify their highest-value opportunities, address their most critical challenges, and
transform their businesses.
IMARC’s information products include major market, scientific, economic and technological
developments for business leaders in pharmaceutical, industrial, and high technology
organizations. Market forecasts and industry analysis for biotechnology, advanced materials,
chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods
are at the top of the company’s expertise.
IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and
markets with close cooperation at all levels of the client organization. This ensures that our clients
achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting
results.
3. Report Highlight
and Description
According to the latest report by IMARC Group, titled "OLED Materials
Market: Global Industry Trends, Share, Size, Growth, Opportunity and
Forecast 2024-2032," the global OLED materials market size reached US$
24.9 Billion in 2023.
Organic light-emitting diode (OLED) materials are lightweight and flexible
organic materials stacked in multiple layers to manufacture OLEDs. They are
evaporated to fabricate OLED displays, which consist of several thin organic
layers between two electrodes. Some commonly used OLED materials include
electron transport materials (ETM), hole transport materials (HTM), hole
injection materials, matrix materials, emitter materials, and hole and electron
blocking materials.
They are utilized for vaporization on glass or flexible substrates and emit light
when an electric field is applied to OLED devices. They provide bright colors,
fast motion, enhanced image quality, and very high contrast to displays. As a
result, OLED materials are widely used to manufacture display panels for
electronic devices, including smartphones, television screens, computer
monitors, handheld game consoles, and personal digital assistants (PDAs).
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materials-market/requestsample
4. Report Description
Global OLED Materials Market Trends:
The surging sales of consumer electronics, such as laptops, smartphones, LED TVs, computers, and printers,
represent the primary factor driving the market growth. Moreover, due to their high bandwidth, the growing usage
of fixed wireless devices to maintain connectivity in remote regions without the need for long cable wires has
augmented the demand for OLED materials. Additionally, there has been a significant rise in awareness regarding
the benefits of OLED displays over liquid crystal displays (LCDs). In line with this, the increasing applications of
OLED materials in automotive lighting and the escalating demand for SUVs have accelerated product adoption
rates. Besides this, the expanding automotive sector, coupled with the rising production and sales of passenger
vehicles and electric vehicles (EVs), is positively influencing the market growth.
Furthermore, the leading manufacturers are engaging in research and development (R&D) activities to fabricate
white OLEDs with a longer shelf life for solid-state lighting applications. Along with this, the widespread adoption
of OLED lighting in commercial spaces as an alternative to existing lighting systems to lower energy consumption
has propelled market growth. Other factors, including the rising preferences for better viewing experiences,
emerging applications in augmented reality (AR) and virtual reality (VR) headsets, and rapid advancements in
OLED technology, are also providing a positive impact on the market growth.
Looking forward, IMARC Group expects the market value to reach US$ 128.1 Billion by 2032, growing at a
CAGR of 19.6% during 2024-2032.
View Report TOC, Figures and Tables: https://www.imarcgroup.com/oled-materials-market
5. Report
Segmentation
Breakup by Type:
• Substrates
• Encapsulation
• Anode
• Hole Injection Layer (HIL)
• Hole Transport Layer (HTL)
• Electron Transport Layer (ETL)
• Emissive Layer (EML)
• Cathode
Breakup by Application:
• Display
o Television and Monitors
o Smartphones
o Notebooks and Tablets
o Automotive
6. Report
Segmentation
o Others
• Lighting
Breakup by End Use:
• Residential Products
• Commercial Products
• Industrial Products
Breakup by Region:
• North America
• Asia-Pacific
• Europe
• Latin America
• Middle East and Africa
7. Competitive
Landscape with
Key Players
• DuPont de Nemours Inc.
• Heraeus Holding GmbH
• Hodogaya Chemical Co. Ltd.
• Idemitsu Kosan Co. Ltd.
• LG Chem Ltd.
• Merck KGaA
• Samsung SDI Co. Ltd.
• Sumitomo Chemical Co. Ltd.
• Tokyo Chemical Industry Co. Ltd.
• Universal Display Corporation.
8. Key Questions
Answered in
the Report
How big is the global OLED materials market?
What is the expected growth rate of the global OLED materials
market during 2024-2032?
What are the key factors driving the global OLED materials
market?
What has been the impact of COVID-19 on the global OLED
materials market?
What is the breakup of the global OLED materials market
based on the type?
What is the breakup of the global OLED materials market
based on the application?
What is the breakup of the global OLED materials market
based on the end use?
What are the key regions in the global OLED materials
market?
Who are the key players/companies in the global OLED
materials market?
9. Table of
Contents
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global OLED Materials Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Substrates
6.1.1 Mark et Trends
6.1.2 Mark et Forecast
6.2 Encapsulation
6.2.1 Mark et Trends
6.2.2 Mark et Forecast
6.3 Anode
6.3.1 Mark et Trends
6.3.2 Mark et Forecast
10. Table of
Contents
6.4 Hole Injection Layer (HIL)
6.4.1 Mark et Trends
6.4.2 Mark et Forecast
6.5 Hole Transport Layer (HTL)
6.5.1 Market Trends
6.5.2 Mark et Forecast
6.6 Electron Transport Layer (ETL)
6.6.1 Mark et Trends
6.6.2 Mark et Forecast
6.7 Emissive Layer (EML)
6.7.1 Mark et Trends
6.7.2 Mark et Forecast
6.8 Cathode
6.8.1 Market Trends
6.8.2 Mark et Forecast
7 Market Breakup by Application
7.1 Display
7.1.1 Mark et Trends
7.1.2 Key Segments
7.1.2.1 Television and Monitors
7.1.2.2 Smartphones
7.1.2.3 Notebooks and Tablets
7.1.2.4 Automotive
7.1.2.5 Others
7.1.3 Mark et Forecast
7.2 Lighting
7.2.1 Mark et Trends
7.2.2 Mark et Forecast
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