Germany-based Novaled, established in 2003, specializes in high efficiency, long-lifetime OLED stack materials. With expertise in synthetic and analytical chemistry, the company offers complete solutions for the organic electronic markets, commercializing Novaled's Doping technology and materials. The company has over 1,300 patents granted or pending.
Contact information for Novaled
Counterpoint: the global OLED material market to grow 7% in 2025, with China's share of the market growing
According to DSCC (Counterpoint), the global OLED evaporation materials market will grow around 7% in 2025. The market will continue to grow, and reach $28 billion by 2029, a CAGR of 7% from 2024 to 2029.
The OLED materials market is driven by the OLED panel industry, and it is expected that this market will grow driven by rising OLED adoption in IT devices (mostly laptops and tablets) and also driven by increased AMOLED production in China. The increase in adoption of tandem (multi-stack) based OLEDs also increase demand for OLED materials, as more material is required in such devices.
Korea's high court accepts Novaled's claims and nullifies two QD-OLED ETL patents submitted by Solus Advanced Materials
DSCC: the OLED materials market grew 22% in 2024, Chinese material makers enjoy a sharp increase in demand
DSCC (now part of Counterpoint) says that OLED evaporation material sales will grow 22% in 2024, and will continue to grow at a 6.4% CAGR from 2024 to 2028. Most of the growth will come from IT display panels, for laptops, monitors and tablets.
Interestingly, DSCC estimates that Chinese material developers enjoyed a 58% increase in sales in 2024 to $252 million. The primary reasons for this sharp increase in demand is increased utilization at Chinese AMOLED fabs, increased orders from local companies in China over sourcing these materials from the rest of the world, and new range of materials introduced by materials makers (as Chinese material developers move from intermediates production to emitters and dopants).
