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OLED Materials Market Expected to Reach $25,731 Million by 2023 Opportunity Analysis and Industry Forecast, 2016-2023

Global Opportunity Analysis and Industry Forecast, 2017-2023


OLED Materials Market

The preference for OLED materials is expected to increase in Asia-Pacific, owing to rise in disposable income and high adoption of new technologies by consumers. China possesses high growth potential owing to presence of giants in the smartphones and television industry, which in turn is anticipated to benefit market growth.


OLED Materials Market Overview 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% during the forecast period. The OLED display technology has gained popularity in the global materials market in the recent years, attributed to the increase in sales of smartphones and LED TVs. AsiaPacific holds the largest market share owing to the presence of world-renowned firms such as LG Electronics and Samsung Electronics. Access Full Summary at: https://www.alliedmarketresearch.com/OLED-materials-market The global OLED materials market is driven by increase in population and rise in disposable income of consumers. Increase in demand for wireless devices is also anticipated to augment the growth during the forecast period. Moreover, surge in collaborations between manufacturers and retailers is estimated to provide new opportunities for market expansion.


OLED Materials Market The report segments the global OLED materials market based on type, application, end user, and geography. On the basis of type, it is divided into substrates, encapsulation, anode, hole injection layer (HIL), hole transport layer (HTL), electron transport layer (ETL), emissive layer (EML), and cathode. By application, it is classified into display and lighting. The display segment is further classified as television & monitors, smartphones, notebooks & tablets, automotive and others. Based on end user, the market is broadly classified into residential, commercial, and industrial. 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 . In 2016, the smartphones segment accounted for over one-third share of the global market. The smartphones segment is the top investment pockets, owing to its high demand from consumers in Asia-Pacific. Growth in awareness among consumers pertaining to new technology advancements is anticipated to augment its demand in the near future.


OLED Materials Market, Snapshot

The prominent players operating in the global OLED materials market focus on product launch as their key strategy to gain significant share in the market. The key players profiled in the report are Sigma-Aldrich Co. LLC., DuPont, Novaled GmbH, Merck KGaA, LG Chem, TCI America, Sumitomo Chemical, Universal Display, The Dow Chemical Company, and Idemitsu Kosan Co., Ltd. The other players not profiled in the report include Cambridge Display Technology, Beijing Aglaia Technology Development Co., Ltd., BASF SE, Borun Chemical Co., Ltd., Hodogaya Chemical Group, Heraeus Holding, and Covestro AG.


Key Benefits of OLED Materials Market

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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.


OLED Materials Market

North America Europe Asia-Pacific LAMEA


OLED Materials Market

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OLED Materials Market Expected to Reach $25,731 Million by 2023  

OLED Materials Market report provides an extensive analysis of the current trends and emerging estimations in the global OLED materials mark...

OLED Materials Market Expected to Reach $25,731 Million by 2023  

OLED Materials Market report provides an extensive analysis of the current trends and emerging estimations in the global OLED materials mark...

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