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OLED Materials Market

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

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OLED Materials Market

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  1. OLED Materials Market Global Opportunity Analysis and Industry Forecast, 2017-2023 OLED Materials Market by Type, Application, and End User : Global Opportunity Analysis and Industry Forecast, 2017-2023,"the 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% from 2017 to 2023. Asia-Pacific dominated the global market, accounting for over two-thirds market share in 2016. OLED materials comprise substrates, encapsulation, cathode, anode, hole injection material (HIL), electron transport material (ETL), emissive material (EML) and others (HTL and EBL). Substrates holds a major share in the global OLED materials market in 2016. The demand for OLED materials is driven by changes in lifestyle of people and increase in population. In addition, surge in demand for smartphones is expected to boost the market growth in the near future. The major companies operating in the global OLED materials market have collaborated with major service providers & retailers to expand their outreach. The substrates segment is expected to dominate the global market during the forecast period. However, the cathode segment is anticipated to gain traction in the near future. In 2016, the cathode and substrates segments collectively accounted for more than one- third share of the global OLED materials market. The display segment accounted for a significant share in 2016, and is anticipated to maintain its dominance during the forecast period. The smartphones and television & monitors sub-segments contributed to over three-fifth share in the display segment in 2016. This is attributed to the increase in demand for smartphones worldwide. Rise in offline sales channels and aggressive advertising campaigns by the key players in the smartphones industry are expected to augment its demand further. 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

  2. North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific is expected to dominate the global OLED materials market till 2023. Key Findings of the OLED Materials Market: •In terms of value, the cathode segment is expected to grow at a CAGR of 31.9% during the forecast period. •LAMEA is anticipated to witness the highest growth, registering a CAGR of 30.8% in terms of value. •The substrates segment accounted for more than one-fourth share of the global market in 2016. •China and India are expected to occupy approximately three-fourths share of the total Asia-Pacific OLED materials market by 2023. •India is expected to grow at a CAGR of 25.6%, in terms of value, from 2017 to 2023. In 2016, Asia-Pacific accounted for the highest share, and is expected to continue its dominance during the forecast period. The LAMEA OLED materials market is anticipated to grow at a significant CAGR due to growth in adoption of OLED in smartphones and televisions. 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. Request sample/2961 Sample Copy: https://www.alliedmarketresearch.com/request- Contact: Shriram Dighe 5933 NE Win Sivers Drive #205, Portland, OR 97220 United States Toll Free: +1-800-792-5285 UK: +44-845-528-1300 Hong Kong: +852-301-84916 India (Pune): +91-20-66346060 Fax: +1⟨855⟩-550-5975 help@alliedmarketresearch.com Web: https://www.alliedmarketresearch.com

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