Market Overview:
The global OLED materials market reached a value of US$ 16.17 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 59.97 Billion by 2027, exhibiting a CAGR of 22.80% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
An organic light-emitting diode (OLED) is a technology wherein light is generated by organic molecules. It is used to manufacture display panels in devices, such as television screens, computer monitors, smartphones, handheld game consoles, and personal digital assistants (PDAs), by placing a series of organic thin films between two conductors. It offers enhanced image quality, bright colors, fast motion, and very high contrast to displays. It also provides thinner, flexible, and lighter displays due to the elimination of backlights and their simple construction. Apart from this, it offers several advantages, such as superior viewing angle, fast response time, and small size form factors.
OLED Materials Market Trends:
Due to the increasing utilization of wireless devices to maintain connectivity in remote areas without the need for long cable wires, there is a rise in the demand for OLED materials across the globe. This, along with the growing demand for fixed wireless devices as they have high bandwidth capability, represents one of the key factors driving the market. Moreover, the increasing employment of OLED materials in the automotive sector due to a rise in the SUV sales and advancements in lighting technology is propelling the growth of the market. In addition, there is an increase in the production and sales of passenger vehicles around the world. This, coupled with the burgeoning automotive sector, is positively influencing the market. Besides this, key market players are extensively investing in research and development (R&D) activities to introduce white OLED devices for solid-state lighting applications, which is catalyzing the demand for OLED materials. Apart from this, the rising awareness among the masses about the benefits of OLED displays over (LCDs) is offering lucrative growth opportunities to industry investors. Additionally, the escalating demand for consumer electronics, such as laptops, smartphones, computers, and printers, is bolstering the market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global OLED materials market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, application and end use.
Breakup by Type:
- Substrates
- Encapsulation
- Anode
- Hole Injection Layer (HIL)
- Hole Transport Layer (HTL)
- Electron Transport Layer (ETL)
- Emissive Layer (EML)
- Cathode
Breakup by Application:
- Display
- Television and Monitors
- Smartphones
- Notebooks and Tablets
- Automotive
- Others
- Lighting
Breakup by End Use:
- Residential Products
- Commercial Products
- Industrial Products
Breakup by Region:
- North America
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being DuPont de Nemours Inc., Heraeus Holding GmbH, Hodogaya Chemical Co. Ltd., Idemitsu Kosan Co. Ltd., LG Chem Ltd., Merck KGaA, Samsung SDI Co. Ltd., Sumitomo Chemical Co. Ltd., Tokyo Chemical Industry Co. Ltd. and Universal Display Corporation.
Report Coverage:
| Report Features |
Details |
|---|
| Base Year of the Analysis |
2021 |
| Historical Period |
2016-2021 |
| Forecast Period |
2022-2027 |
| Units |
US$ Billion |
| Segment Coverage |
Type, Application, End Use, Region |
| Region Covered |
Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered |
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Companies Covered |
DuPont de Nemours Inc., Heraeus Holding GmbH, Hodogaya Chemical Co. Ltd., Idemitsu Kosan Co. Ltd., LG Chem Ltd., Merck KGaA, Samsung SDI Co. Ltd., Sumitomo Chemical Co. Ltd., Tokyo Chemical Industry Co. Ltd. and Universal Display Corporation. |
| Customization Scope |
10% Free Customization |
| Report Price and Purchase Option |
Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499 |
| Post-Sale Analyst Support |
10-12 Weeks |
| Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the global OLED materials market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global OLED materials market?
- What are the key regional markets?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the application?
- What is the breakup of the market based on the end use?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global OLED materials market and who are the key players?
- What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global OLED Materials Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Substrates
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Encapsulation
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Anode
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Hole Injection Layer (HIL)
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Hole Transport Layer (HTL)
6.5.1 Market Trends
6.5.2 Market Forecast
6.6 Electron Transport Layer (ETL)
6.6.1 Market Trends
6.6.2 Market Forecast
6.7 Emissive Layer (EML)
6.7.1 Market Trends
6.7.2 Market Forecast
6.8 Cathode
6.8.1 Market Trends
6.8.2 Market Forecast
7 Market Breakup by Application
7.1 Display
7.1.1 Market Trends
7.1.2 Key Segments
7.1.2.1 Television and Monitors
7.1.2.2 Smartphones
7.1.2.3 Notebooks and Tablets
7.1.2.4 Automotive
7.1.2.5 Others
7.1.3 Market Forecast
7.2 Lighting
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by End Use
8.1 Residential Products
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Commercial Products
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Industrial Products
8.3.1 Market Trends
8.3.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 DuPont de Nemours Inc.
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.1.3 Financials
14.3.1.4 SWOT Analysis
14.3.2 Heraeus Holding GmbH
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.2.3 SWOT Analysis
14.3.3 Hodogaya Chemical Co. Ltd.
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.3.3 Financials
14.3.4 Idemitsu Kosan Co. Ltd.
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.4.3 Financials
14.3.4.4 SWOT Analysis
14.3.5 LG Chem Ltd.
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.5.3 Financials
14.3.5.4 SWOT Analysis
14.3.6 Merck KGaA
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.6.3 Financials
14.3.7 Samsung SDI Co. Ltd.
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.7.3 Financials
14.3.7.4 SWOT Analysis
14.3.8 Sumitomo Chemical Co. Ltd.
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.8.3 Financials
14.3.8.4 SWOT Analysis
14.3.9 Tokyo Chemical Industry Co. Ltd.
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.10 Universal Display Corporation
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.10.3 Financials
List of Figures
Figure 1: Global: OLED Materials Market: Major Drivers and Challenges
Figure 2: Global: OLED Materials Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: OLED Materials Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: OLED Materials Market: Breakup by Type (in %), 2021
Figure 5: Global: OLED Materials Market: Breakup by Application (in %), 2021
Figure 6: Global: OLED Materials Market: Breakup by End Use (in %), 2021
Figure 7: Global: OLED Materials Market: Breakup by Region (in %), 2021
Figure 8: Global: OLED Materials (Substrates) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: OLED Materials (Substrates) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: OLED Materials (Encapsulation) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: OLED Materials (Encapsulation) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: OLED Materials (Anode) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: OLED Materials (Anode) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: OLED Materials (Hole Injection Layer (HIL)) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: OLED Materials (Hole Injection Layer (HIL)) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: OLED Materials (Hole Transport Layer (HTL)) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: OLED Materials (Hole Transport Layer (HTL)) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: OLED Materials (Electron Transport Layer (ETL)) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: OLED Materials (Electron Transport Layer (ETL)) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: OLED Materials (Emissive Layer (EML)) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: OLED Materials (Emissive Layer (EML)) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: OLED Materials (Cathode) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: OLED Materials (Cathode) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: OLED Materials (Display) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: OLED Materials (Display) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: OLED Materials (Lighting) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: OLED Materials (Lighting) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: OLED Materials (Residential Products) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: OLED Materials (Residential Products) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Global: OLED Materials (Commercial Products) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Global: OLED Materials (Commercial Products) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Global: OLED Materials (Industrial Products) Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Global: OLED Materials (Industrial Products) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: North America: OLED Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: North America: OLED Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: United States: OLED Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: United States: OLED Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Canada: OLED Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: Canada: OLED Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Asia-Pacific: OLED Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: Asia-Pacific: OLED Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: China: OLED Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: China: OLED Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: Japan: OLED Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: Japan: OLED Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: India: OLED Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: India: OLED Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: South Korea: OLED Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: South Korea: OLED Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: Australia: OLED Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: Australia: OLED Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: Indonesia: OLED Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Indonesia: OLED Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Others: OLED Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Others: OLED Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: Europe: OLED Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: Europe: OLED Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Germany: OLED Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Germany: OLED Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: France: OLED Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: France: OLED Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: United Kingdom: OLED Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: United Kingdom: OLED Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Italy: OLED Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Italy: OLED Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Spain: OLED Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Spain: OLED Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Russia: OLED Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Russia: OLED Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Others: OLED Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Others: OLED Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Latin America: OLED Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Latin America: OLED Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Brazil: OLED Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Brazil: OLED Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Mexico: OLED Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: Mexico: OLED Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 78: Others: OLED Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 79: Others: OLED Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 80: Middle East and Africa: OLED Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 81: Middle East and Africa: OLED Materials Market: Breakup by Country (in %), 2021
Figure 82: Middle East and Africa: OLED Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 83: Global: OLED Materials Industry: SWOT Analysis
Figure 84: Global: OLED Materials Industry: Value Chain Analysis
Figure 85: Global: OLED Materials Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: OLED Materials Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: OLED Materials Market Forecast: Breakup by Type (in Million US$), 2022-2027
Table 3: Global: OLED Materials Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 4: Global: OLED Materials Market Forecast: Breakup by End Use (in Million US$), 2022-2027
Table 5: Global: OLED Materials Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: OLED Materials Market: Competitive Structure
Table 7: Global: OLED Materials Market: Key Players