DUBLIN--(BUSINESS WIRE)--The "OLED Materials Market by Type, by Application, by End User, by Geography - Global Market Size, Share, Development, Growth, and Demand Forecast, 2016-2023" report has been added to ResearchAndMarkets.com's offering.
Increase in demand for smartphones, increasing demand of OLED from the automotive industry, and rise in disposable income are some of the major factors driving the growth of the OLED materials market.
On the basis of type, the market is segmented into cathode, emissive layer (EML), electron transport layer (ETL), hole injection layer (HIL), anode, encapsulation, substrates, and others. Substrates have been the largest category in the OLED materials market, attributed to the easy availability of this material.
Based on application, the OLED materials market is categorized into display and lighting. The display category is estimated to hold a larger share in the market, contributing more than 90% in 2017. This is attributed to the increased manufacturing of smartphone and television displays.
The end user segment is further categorized into residential, commercial, and industrial sectors. The residential category has been recording the largest share in the OLED materials market, due to growth in residential projects, resulting in increased demand of these materials.
With the rise in demand for smartphones, televisions, monitors, and gaming consoles, the OLED materials market is expected to advance at considerable rate. There has been a demand for high realistic images from the consumers which can be met with the help of OLED displays. Also, technological advancements in electrodes are ongoing, such as in grapheme, carbon nanotubes, silver nanowires, and hybrid transparent electrodes. Thus, these factors are providing an opportunity for the growth of the market.
Some of the major players operating in the OLED materials industry are Bayer AG, DowDuPont Inc., Idemitsu Kosan Co. Ltd., LG Chem, Merck KGaA, Novaled GmbH, Sumitomo Chemical Company Limited, TCI America, Universal Display Corporation, and Heraeus Holding GmbH.
- Increase in Disposable Income of Consumers
- Growing Demand for OLED in Smartphones
- Growing Applications of OLED in Automotive Industry
- Fragmented Market Structure
- Product Innovation in Electronics Industry
Key Topics Covered
1. Research Background
2. Research Methodology
3. Executive Summary
5. Global Market Size and Forecast
6. North America Market Size and Forecast
7. Europe Market Size and Forecast
8. Asia-Pacific Market Size and Forecast
9. LAMEA Market Size and Forecast
10. Company Profiles
- Bayer AG
- DowDuPont Inc.
- Idemitsu Kosan Co. Ltd.
- LG Chem
- Merck KGaA
- Novaled GmbH
- Sumitomo Chemical Company Limited
- TCI America
- Universal Display Corporation (UDC)
- Heraeus Holding GmbH
For more information about this report visit https://www.researchandmarkets.com/research/3bds5s/global_oled?w=4