By Ron Mertens
n-tech Research (Nanomarkets) released a new report (OLED Materials Markets 2015-2022) in which they see a the OLED materials market growing from $970 million in 2015 to over $4.4 billion in 2020 and $9.7 billion in 2022.
n-tech sees positive development in OLEDs for mobile devices and wearables, but “some uncertainty” in OLED TVs and OLED lighting. n-Tech is also seeing pricing pressures that will accelerate with the expiration of key IP over the next few years, although novel value-added materials (such as better emitters, TADF materials and a deep blue PHOLED emitter) may offset this somewhat.
- about Nanomarkets: the OLED materials market will grow from $970 million in 2015 to over $9.7 billion in 2022