UBI: the OLED materials market will grow from $677 in 2016 to over $4.3 billion in 2021

UBI Research says that the OLED materials market is set to grow at a CAGR of 46% from 2016 to 2021, to reach $4.3 billion. In 2016 itself OLED emitters will record $677 million - a 16% increase from 2015.

UBI OLED material market (2016-2021)

This fast growth will mostly come from AMOLED smartphones and OLED TVs. In 2016 Samsung and LG will buy the majority of those materials (about 94%) - but going forward more producers, especially in China, will join the market.

Posted: May 01,2016 by Ron Mertens