Nanomarkets: the OLED material market to reach $3.7 billion in 2019

Nanomarkets released a new OLED materials market report, in which they forecast that the OLED material market will grow from $900 million in 2014 to $3.7 billion in 2019. Almost 45% of material revenues will come from the core functional materials (the OLED stack, as we call it: EML, ETL, HTL/EBL and HIL). The rest of the materials are electrode, encapsulation and substrate materials.

According to Nanomarkets, OLED TV future is still uncertain, especially since Samsung is "having second thoughts about this business" (I don't really agree with them on that). Nanomarkets still expects strong OLED display growth on from smartphones, tablets and wearables. Solution processing is making good progress, and Nanomarkets expects the soluble material market to grow from $40 million in 2014 to $335 million in 2019.

Posted: Jun 19,2014 by Ron Mertens