New NanoMarkets Report on OLED Materials Projects $7.4 billion ($US) Market by 2019
Industry analyst firm NanoMarkets announces the release of its latest report on the booming OLED materials sector, titled "OLED Materials Markets 2012".
- (1888PressRelease) July 18, 2012 - Glen Allen, Virginia - The report analyzes the opportunities for OLED materials suppliers in both the display and lighting sectors over the next eight years. NanoMarkets estimates that the total market value of OLED materials will grow quickly from approximately $524 million in 2012 to over $7.4 billion by the end of the forecast period in 2019, which corresponds to a CAGR of over 45%.
Additional details of the report are available at: http://nanomarkets.net/market_reports/report/oled_materials_markets_2012
About the Report:
This latest NanoMarkets report on the OLED industry provides an analysis and forecast of the OLED materials market in the next eight years in both the booming OLED display and the nascent OLED lighting industry. The report examines some of the latest market strategies, products and technical developments in materials, and it identifies how performance improvements are growing some addressable markets for OLEDs. The report also includes NanoMarkets' assessments of the strategies of several of the leading OLED materials suppliers. As in all NanoMarkets reports, this report contains granular eight-year forecasts of materials shipments in both OLED panel area and value terms, with breakouts by material type (small molecule vs. polymer) deposition technology (vapor vs. solution processing), and by panel type (rigid vs. flexible). Material categories covered include the functional OLED materials in the emissive layer and hole/electron transport/injection/blocking layers as well as substrates, electrodes, and encapsulation technologies.
Key players mentioned in the report include Samsung, LG, Universal Display Corporation, BASF, Merck/EMD, Novaled, Philips, Osram, GE, DuPont Displays, Sumitomo, Idemitsu Kosan, Sony, Konica Minolta, Mitsubishi Chemical Corporation, Cheil Industries, Sun Fine Chemical, Heraeus, Duksan Hi-Metal, Nippon Steel Chemical, Panasonic, Moser Baer, Panasonic Idemitsu, Chimei Innolux, AU Optronics, Fraunhofer, Lumiotec, Pioneer, Showa Denko, Seiko Epson, Hodogaya Chemical, Borun Chemical, NEC Lighting, Plextronics, and others.
From the Report:
The past year has brought big changes to the OLED market. The technology appears to have finally taken off, and the long-promised potential for OLEDs to make a real impact in the display markets is finally being realized, with Samsung's Galaxy phones beating out OLED-free Apple iPhones for the first time in 2012. Just as importantly, with the long-awaited emergence of OLED TVs and OLED lighting, there is an ongoing shift toward OLEDs with larger panel sizes, which could soon translate into much higher OLED materials demand.
But, the commercial momentum will only be sustained if materials suppliers can help to close the remaining technology - and cost - gaps that could hold back the fabrication of low-cost, large-area, and long-lifetime panels. Materials suppliers to the OLED industry can thus carve out competitive advantages in the following areas: long-life blue emitter systems, materials that increase efficiency, better encapsulation and substrate technologies that boost panel lifetime and expand design capabilities, and high performance solution-processable materials that enable low-cost/large-area manufacturing.
About NanoMarkets:
NanoMarkets tracks and analyzes emerging market opportunities in electronics, solid-state lighting, energy, 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 OLED sector for more than six years.
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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