The modern-day document posted via Report Ocean, titled “OLED Materials Market : Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023 to 2031,” affords a complete evaluation of the industry, which includes insights on the market trends. The file additionally consists of competitor and regional analysis, and present-day developments in the market. This document can serve as a fantastic information for investors, researchers, consultants, advertising strategists and all these who are planning to foray into the market in any form.
The global OLED materials market was valued at $5,932 million in 2016, and is expected to reach $25,731 million by 2023, registering a CAGR of 26.3% from 2016 to 2023. Organic light-emitting diode (OLED) is a flat light-emitting technology that is produced by employing thin organic films in between two conductors. OLEDs have gained wide range of acceptance among end users as they are lightweight, brighter, thinner, and provide more power efficiency as compared to LCDs.
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Increase in demand for smartphones globally and rise in disposable income of people drive the growth of the global OLED materials market. In addition, growth in demand for OLED materials in the automotive sector is projected to present new opportunities for OLED materials manufacturers in the near future. The rapid change in technology and consumer preferences is anticipated to hamper the adoption of OLED materials in the electronics sector.
The report segments the global OLED materials market based on type, application, end user, and geography. The type segment includes substrates, encapsulation, anode, hole injection layer (HIL), hole transport layer (HTL), electron transport layer (ETL), emissive layer (EML), and cathode. These OLED materials are applicable in television & monitors, smartphones, notebooks & tablets, automotive, and others. Based on end users, the market is classified into residential, commercial, and industrial users. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific is expected to dominate the global OLED materials market till 2023.
Product launch is the key developmental strategy focused on by prominent players in the global OLED materials market to gain significant share.
COVID-19 Impact
In 2019, the COVID-19 epidemic swept the globe. It brought everything to a halt. It had an impact on the entire world economy. Moreover, a great number of people have also perished. In total, 5,091,465 fatalities and 252,297,094 cases of COVID-19 have been reported worldwide. A majority of the nations on earth were affected by the pandemic. The pandemic brought some kind of loss in the majority of industries. The epidemic caused a slowdown in the chemical industry as well. According to Statista, the business generated over US$ 3.94 trillion in worldwide sales in 2019. An all-time high of US$5.4 trillion in revenue was produced by the sector in 2014.
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The level of rivalry among well-known international corporations has been determined by studying a number of key industries, as well as market competition, market share, current developments in the sector, novel product launches, alliances, mergers, and acquisitions by key corporations.
KEY BENEFITS FOR STAKEHOLDERS
This report provides an extensive analysis of the current trends and emerging estimations in the global OLED materials market.
In-depth analysis of the industry is conducted through market estimations of key segments from 2017 to 2023.
Comprehensive analysis of factors that drive and restrain the market growth is provided.
Extensive analysis of the industry is conducted by following key product positioning and monitoring the top competitors within the market framework.
The key players are profiled along with their strategies to determine the competitive outlook of the market.
The key players profiled in the report are as follows:
Sigma-Aldrich Co. LLC.
DuPont
Novaled GmbH
Merck KGaA
LG Chem
TCI America
Sumitomo Chemical
Universal Display
The Dow Chemical Company
Idemitsu Kosan Co., Ltd.
*Other players in the value chain include the following;
Cambridge Display Technology
Beijing Aglaia Technology Development Co., Ltd.
BASF SE
Borun Chemical Co., Ltd.
Hodogaya Chemical Group
Heraeus Holding
Covestro AG
MARKET SEGMENTATION
By Type
Substrates
Encapsulation
Anode
HIL
HTL
ETL
EML
Cathode
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By Application
Display
Television & Monitors
Smartphones
Notebooks & Tablets
Automotive
Others
Lighting
By End User
Residential
Commercial
Industrial
By Geography
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Korea
Australia
Rest of Asia-Pacific
LAMEA
Brazil
South Africa
KSA
Rest of LAMEA
Table of Content:
- Report Overview
- Global Growth Trends
- Competition Landscape by Key Players
- Data Segments
- North America Market Analysis
- Europe Market Analysis
- Asia-Pacific Market Analysis
- Latin America Market Analysis
- Middle East & Africa Market Analysis
- Key Players Profiles Market Analysis
- Analysts Viewpoints/Conclusions
- Appendix
In this report, the key questions answered:
- How has the adoption of Market impacted COVID-19?
- What are the key market tips in key areas?
- Which utilized sciences are most impacting the anticipated global enterprise?
- Who are the major global game enthusiasts in modern times dominating the Market?
- How do AI clients turn out to be conscious of technological knowledge in strolling theatres?
- What are the vital corporation fashions determined via way of the foremost market players?
- What are the key factors that will have an effect on the expand of Market globally?
- How foremost game enthusiasts in the Global corporation environment are incorporating key
- What is the present day income contribution of distinct product kinds in the market and what are the predicted changes?
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