NanoMarkets Issues Latest Report on OLED Encapsulation Market Opportunities
NanoMarkets today announced the release of its report titled "Markets for OLED Encapsulation Materials 2012-2019" that analyzes and quantifies the opportunities for encapsulation materials and technologies in the fast-growing OLED market.
- (1888PressRelease) October 05, 2012 - Glen Allen, Virginia - Industry analyst firm NanoMarkets today announced the release of its report titled "Markets for OLED Encapsulation Materials 2012-2019" that analyzes and quantifies the opportunities for encapsulation materials and technologies in the fast-growing OLED market. The report covers the commercial implications of technical developments in both materials and deposition methods, and we identify the key factors for success for encapsulation materials suppliers in this space. This report is entirely international in scope. Additional details about the report are available at: http://nanomarkets.net/market_reports/report/markets_for_oled_encapsulation_materials_2012_2019.
Within the report NanoMarkets examines the product development and marketing strategies of the major players in the OLED encapsulation materials sector from large firms such as 3M AGC, Corning, DuPont, Nippon Electric Glass, Samsung and Schott as well as key innovators such as Universal Display Corporation (UDC), Cambridge Nanotech and Beneq. We identify which firms are the "companies to watch" and which will be the likely winners and losers in the encapsulation materials space.
Finally, the report also contains detailed, eight-year forecasts of the materials used for OLED encapsulation broken out by product type and application.
Encapsulation product types covered include:
- Rigid glass,
- Flexible glass,
- Multilayer thin films and laminates,
- Conformal coatings, and
- Metal foils.
Application sectors covered are:
- Small/medium OLED displays (phones, tablets, etc.),
- OLED TVs, and
- OLED Lighting.
From the Report:
NanoMarkets believes that encapsulation has emerged as a key enabling technology that will allow both OLED display and lighting applications to thrive. The firm notes, however, that companies and investors in this business must be willing to have a long-term view given that R&D investments simply cannot be recovered in a short period of time. Demand for advanced encapsulation systems is just not that great at the present time on account of the ability of rigid cover glass systems to meet encapsulation requirements now and over the next several years.
In the report, the firm forecasts that sales of encapsulation materials for OLED TVs and OLED lighting will grow from nearly zero in 2012 to almost $150 million and $475 million, respectively, by the end of the forecast period in 2019.
NanoMarkets forecasts that the market for rigid cover glass encapsulation will grow from its moderate size of about $20 million in 2012 to over $432 million in 2019.
While NanoMarkets believes that the market in OLEDs for nontraditional encapsulation materials - flexible glass, multilayer barriers, ALD conformal coatings - will remain quite small for some time, the firm does believe that the market value of flexible glass encapsulation in OLEDs will reach $270 by the end of the forecast period in 2019.
About NanoMarkets:
NanoMarkets tracks and analyzes emerging market opportunities in solid-state lighting, energy, electronics and other markets created by developments in advanced materials. The firm is a recognized leader in industry analysis and forecasts of this kind and has been covering the organic electronics space since 2005.
Visit http://www.nanomarkets.net for a full listing of NanoMarkets' reports and other services.
Media Contact:
Robert Nolan
NanoMarkets, LC
PO BOX 3840
Glen Allen, VA 23058
(804) 938-0030
rob ( @ ) nanomarkets dot net
http://www.nanomarkets.net
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