UBI Research says that the OLED emitter material market reached $421 million in Q1 2022, down 21.1% from the previous quarter, but up 9% compared to Q1 2021. UBI estimates that the OLED emitter material market will reach $1.77 billion in 2022, and will grow to $2.4 billion by 2026.

UDC RGB PHOLED materials photo

UBI says that sale of materials for TV and mobile devices decreased (compared to Q4 2021) while sales of materials for the production of IT (laptops, tablets and monitors) displays were up $6.6 million.

The leading OLED material providers in the quarter were UDC ($86.6 million, with a 20% market share), DuPont ($41.3 million) and Duksan ($37.5 million). UDC actually saw increased material sales in the quarter (up from $85.5 in Q4 2021), as it has raised its prices.

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