Smithers Apex released a new report (Future of High-Barrier Films and Coatings for Printed Electronics to 2021) in which they see the global barrier film (encapsulation) market growing from $61.2 million in 2016 to $192.4 million in 2021 - a CAGR of 25%.

OLED display is the largest application for barrier films. In 2016, small rigid OLED displays barrier films were worth $16 million. Looking forward, small flexible OLEDs will be where growth will come from.