Nanomarkets: OLED material sales to reach $7.4 billion by 2019

Nanomarkets released a new report titled OLED Materials Markets 2012. They analyze the opportunities for OLED materials suppliers in both the display and lighting sectors over the next eight years. According to the new report, the total OLED material market will grow from $524 million in 2012 to over $7.4 billion in 2019 - a CAGR of over 45%.

Nanomarkets say that the current commercial momentum will only be sustained if the material suppliers can close the remaining technology and cost gaps. The most important areas that need to be addressed according to Nanomarkets are blue emitter systems, efficiency, encapsulation, substrate technologies and high performance soluble materials.

Posted: Jul 18,2012 by Ron Mertens