OLED Material Trends and Forecast
The future of the global OLED material market looks promising with opportunities in the residential, commercial, and industrial markets. The global OLED material market is expected to reach an estimated $80.4 billion by 2030 with a CAGR of 18.1% from 2024 to 2030. The major drivers for this market are growing need for lighting options that use less energy, technical developments in the OLED materials field, and rising demand for consumer devices like PCs, printers, laptops, and smartphones.OLED Material by Segment
The study includes a forecast for the global OLED material by type, end use industry, application, and region.OLED Material Market by Type [Shipment Analysis by Value from 2018 to 2030]
- Substrates
- Encapsulation
- Anode
- Hole Injection Layer (HIL)
- Hole Transport Layer (HTL)
- Electron Transport Layer (ETL)
- Emissive Layer (EML)
- Cathode
OLED Material Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]
- Residential
- Commercial
- Industrial
OLED Material Market by Application [Shipment Analysis by Value from 2018 to 2030]
- Display
- Lighting
OLED Material Market by Region [Shipment Analysis by Value from 2018 to 2030]
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of OLED Material Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies OLED material companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the OLED material companies profiled in this report include-- DuPont
- Heraeus Holding
- Hodogaya Chemical
- Idemitsu Kosan
- LG Chem
- Merck KGaA
- Samsung SDI
- Sumitomo Chemical
- Tokyo Chemical Industry
- BASF
OLED Material Market Insights
The publisher forecasts that substrates is expected to witness the highest growth over the forecast period due to affordability and the growing popularity of technological gadgets like televisions and cellphones, as well as, OLEDs are built on substrates.APAC will remain the largest region over the forecast period due to population growth, a rise in the use of new technology, and steady economic expansion, as well as, shifts in living standards and the comforts offered by cellphones in this region.
Features of the Global OLED Material Market
- Market Size Estimates: OLED material market size estimation in terms of value ($B).
- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: OLED material market size by type, end use industry, application, and region in terms of value ($B).
- Regional Analysis: OLED material market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different type, end use industry, application, and regions for the OLED material market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the OLED material market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the OLED material market size?Answer: The global OLED material market is expected to reach an estimated $80.4 billion by 2030.
Q2. What is the growth forecast for OLED material market?
Answer: The global OLED material market is expected to grow with a CAGR of 18.1% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the OLED material market?
Answer: The major drivers for this market are growing need for lighting options that use less energy, technical developments in the OLED materials field and rising demand for consumer devices like PCs, printers, laptops, and smartphones.
Q4. What are the major segments for OLED material market?
Answer: The future of the OLED material market looks promising with opportunities in the residential, commercial, and industrial markets.
Q5. Who are the key OLED material market companies?
Answer: Some of the key OLED material companies are as follows:
- DuPont
- Heraeus Holding
- Hodogaya Chemical
- Idemitsu Kosan
- LG Chem
- Merck KGaA
- Samsung SDI
- Sumitomo Chemical
- Tokyo Chemical Industry
- BASF
Answer: The publisher forecasts that substrates is expected to witness the highest growth over the forecast period due to affordability and the growing popularity of technological gadgets like televisions and cellphones, as well as, OLEDs are built on substrates.
Q7. In OLED material market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period due to population growth, a rise in the use of new technology, and steady economic expansion, as well as, shifts in living standards and the comforts offered by cellphones in this region.
Q.8 Do we receive customization in this report?
Answer: Yes,the publisher provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the OLED material market by type (substrates, encapsulation, anode, hole injection layer (HIL), hole transport layer (HTL), electron transport layer (ETL), emissive layer (EML), and cathode), end use industry (residential, commercial, and industrial), application (display and lighting), and region (North America, Europe, Asia Pacific, and the Rest of the World)?Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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Table of Contents
1. Executive Summary
2. Global OLED Material Market: Market Dynamics
3. Market Trends and Forecast Analysis from 2018 to 2030
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
5. Competitor Analysis
6. Growth Opportunities and Strategic Analysis
7. Company Profiles of Leading Players
Companies Mentioned
- DuPont
- Heraeus Holding
- Hodogaya Chemical
- Idemitsu Kosan
- LG Chem
- Merck KGaA
- Samsung SDI
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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