NanoMarkets, an industry analyst firm, declared that it will release its latest report that investigates the opportunities for OLED materials suppliers over the next eight years within the display as well as the lighting sectors.
The report titled "OLED Materials Markets 2012," has predicted that the overall market value of materials employed in OLED lighting and display applications will experience a rapid growth from more than US$500 M in 2012 to over $7 B by 2019. Among the sum total of OLED materials market value, the hole/electron injection and transport materials, active OLED materials, emissive materials, and hosts will reach around $3B.
This report includes granular eight-year forecasts of materials shipments in OLED panel area and value terms. It represents breakouts by application, small molecule vs. polymer, vapor deposition vs. solution processing and by panel type.
OLEDs have been divided over the last 18 months. OLEDs will have extended operability. There is increased requirement for OLED materials in the new environment. This demand will lead to high future potential for OLED materials.
With the leaders of Q1 of 2012 market such as Samsung's Galaxy smartphone products, OLED displays form a part of mainstream. LG and Samsung’s OLED TVs will emerge within the market during this summer and fall, subsequently followed by Panasonic, AUO, and Sony. The already-existing OLED-based lighting will progressively enter the larger panels markets.
There is rapid development in the potential market for OLED materials. It represents growth in the average sizes as well as in the number of modules. Materials suppliers to the OLED industry will see increasing opportunities to produce revenues selling their materials such as emissive materials, organic semiconductors, and encapsulation technologies, and substrates and transparent conductors. Device efficiency, lifetime, and reduction in total cost of ownership will be the major determinants of success.