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Global Thin Film Encapsulation Market Overview

The wide use of thin-film encapsulation in inkjet printing and the rising demand for inkjet printing in various sectors such as commercial, education, etc. have contributed effectively to the growth of the thin-film encapsulation market.

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Global Thin Film Encapsulation Market Overview

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  1. Global Thin Film Encapsulation Market

  2. About VynZ Research… • VynZ Research is a global market research firm offering research, analytics, and consulting services on business strategies. We have a recognized trajectory record and our research database is used by many renowned companies and institutions in the world to strategize and revolutionize business opportunities. The company focuses on providing valuable insights on various technology verticals such as Chemicals, Automotive, Transportation, Energy, Consumer Durables, Healthcare, ICT and other emerging technologies. • VynZ Research has one of the most qualified & experienced analysts, who are constantly tracking the markets and the technologies. The research team has years of proven experience and wide knowledge & understanding of the technology, application, business models, and regulators of the segments and the value chain involved. • A trusted & proven methodology that involves highest quality of primary research, secondary analysis collated & verified through various sources including cross checking with different industry experts. • Serving wide range of customers most of them from Fortune 2000 companies • With a dedicated 24x7 customer helpline our customers can reach for specifying their needs • Developing long term relationship with the clients and satisfying them is one of the crucial notches of the company. VynZ Research aims at gaining and retaining its clients in order to make long term customer relationship.

  3. Global Thin Film Encapsulation Market The thin-film encapsulation market was valued at USD 22.1 million in 2019 and is anticipated to reach USD 110.2 million by 2027, growing at a CAGR of 25.1% during the forecast period 2021-2027. The thin-film encapsulation (TFE) is an emerging and evolving form of technology and the growth of this market is characterized by the implementation of flexible OLED displays for wearable devices and smartphones, as well as the rising trends related to the use of thin-film encapsulation combined with inkjet printing. Thin-Film Encapsulation (TFE) can use thin-film barriers to replace the front glass in OLED devices. The nature of OLED material is highly susceptible to degradation and is unprotected by environmental factors such as air and water. In addition, increasing investment in OLED technology and manufacturing facilities is projected to create many opportunities for the growth of the global thin-film encapsulation market.

  4. Global Thin Film Encapsulation Market The increasing adoption of flexible OLED displays for smart wearables and smartphones, rise in demand for microelectronics and consumer electronics products, thin-film encapsulation using inkjet printing technology, and requirement for thin-film devices in organic as well as flexible devices are the major factors that drive the growth of the thin-film encapsulation market. The market for thin-film encapsulation is consolidated and the major players operating in the thin-film encapsulation market include Samsung SDI, Applied Materials, LG Chem, 3M, Universal Display Corp. (UDC), Veeco Instruments, Toray Industries, Aixtron, Kateeva, BASF SE, AMS Technologies, Meyer Burger, Bystronic Glass, and Angstrom Engineering.

  5. Global Thin Film Encapsulation Market LG Chem and Idemitsu Kosan collaborated to share patents relating to OLED technology. The firms pool their OLED materials, technology, and knowledge, and collaborate on the development of novel materials and material testing. They also employ their evaluation and production facilities in tandem. Tianma Micro-electronics Co. Ltd., a prominent leader in AMOLED technology and a small- and medium-sized display panel producer in China, inked an OLED Technology License Agreement and Supplemental Material Purchase Agreement with Universal Display Corp. It's a five-year deal that will assist Tianma to grow its commercial OLED product pipeline by combining UDC's unique OLED technology and materials with Tianma's commercial OLED product pipeline. Universal Display offered Tianma non-exclusive licensing rights for different patents owned or controlled by the firm to manufacture and sell OLED displays under the terms of the license agreement.

  6. For Sample Report :- https://www.vynzresearch.com/semiconductor-electronics/thin-film-encapsulation-market/request-sample www.vynzresearch.com

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