Nanomarkets: OLED Material sales to reach $2.9 Billion by 2015

NanoMarkets have released a new report on OLED materials (Markets for OLED Materials: 2010-2017). They forecast that there will be an explosion in demand for OLED materials - which will grow from around $420 million in 2010 to $2.9 billion in 2015.

Key points from the report:

  • OLED Lighting is expected to consume about 70% of OLED materials by 2015.
  • Rigid glass substrates, which offer the best combination of performance, costs and manufacturability will be the de facto option at least through 2012.
  • NanoMarkets sees a significant consolidation of control of important IP in the OLED materials space with UDC, Summation, and LG holding pivotal positions in the OLED materials IP mesh. Access to established IP is an increasingly important factor for success, especially for materials used in the organic layers of OLEDs.
Posted: Jan 09,2010 by Ron Mertens