OLED 재료 시장 예측(-2030년) : 유형별, 폼팩터별, 용도별, 최종사용자별, 지역별 세계 분석

According to Stratistics MRC, the Global Organic Light Emitting Diode (OLED) Materials Market is accounted for $40.15 billion in 2024 and is expected to reach $153.18 billion by 2030 growing at a CAGR of 25.0% during the forecast period. Organic Light Emitting Diode (OLED) Materials are a group of organic compounds used in the production of OLED displays and lighting. These materials emit light when an electric current passes through them. OLED materials are composed of emissive and host layers, including small molecules and polymers, which enable the display to produce bright, vibrant colors and energy-efficient lighting. OLEDs are used in various applications such as smartphones, televisions, wearables, and lighting due to their flexibility, thin form factor, and superior image quality.

Market Dynamics:

Driver:

Growing demand for OLED displays

The demand for OLED displays is growing rapidly due to their superior image quality, flexibility, and energy efficiency. OLED displays are increasingly being used in smartphones, televisions, and wearable devices, which enhances user experience with better color accuracy and contrast ratios. This surge in demand is driven by consumers' preference for high-quality displays in their electronic devices. Additionally, the adoption of OLED displays in the automotive industry for dashboards and infotainment systems is further boosting market growth.

Restraint:

Supply chain constraints

The production of OLED displays requires specific raw materials and components that are often in limited supply. Disruptions in the supply chain, such as shortages of key materials or delays in production, can hinder the manufacturing process. Additionally, geopolitical tensions and trade restrictions can further exacerbate supply chain issues. The high cost of raw materials and production processes also adds to the constraints, making it difficult for manufacturers to maintain a steady supply of OLED displays.

Opportunity:

Increase in consumer electronics sales

OLED displays are becoming more and more in demand as consumer devices like televisions, tablets, and smartphones continue to see strong sales growth. The enhanced visual experience provided by OLED displays makes them a preferred choice for premium electronic devices. Moreover, advancements in OLED technology, such as flexible and foldable displays, open up new opportunities for innovation and product differentiation. The growing popularity of wearable devices and smart-watches also contributes to the rising demand for OLED displays. With the ongoing digital transformation and the proliferation of connected devices, the OLED materials market is poised for substantial growth.

Threat:

Limited lifespan of OLED displays

The brightness and colour accuracy of OLED screens are known to decrease with time due to degradation. This degradation is mainly caused by the organic materials used in OLED technology, which are prone to wear and tear. The shorter lifespan of OLED displays compared to traditional LCDs raises concerns among consumers and manufacturers. Efforts to improve the longevity of OLED displays through advancements in materials and technology are ongoing, but challenges persist. The perception of limited lifespan can deter potential buyers and impact the overall adoption of OLED displays.

Covid-19 Impact

The Covid-19 pandemic has had a mixed impact on the OLED materials market. On one hand, the increased demand for electronic devices due to remote work and online entertainment has driven the adoption of OLED displays. However, the pandemic has also disrupted supply chains, causing delays in production and shortages of key components. The economic uncertainty and reduced consumer spending power have further affected the market. Overall, while the pandemic has accelerated the demand for OLED displays, it has also highlighted the need for a more resilient supply chain.

The anode segment is expected to be the largest during the forecast period

The anode segment is expected to account for the largest market share during the forecast period, due to the demand for high-quality anode materials, such as indium tin oxide (ITO), is driven by the need for efficient and reliable OLED displays. The increasing production of OLED displays for various applications further supports the growth of the anode segment. Additionally, ongoing research and development efforts to enhance anode materials and improve their performance contribute to the segment's dominance.

The consumer electronics segment is expected to have the highest CAGR during the forecast period

Over the forecast period, the consumer electronics segment is predicted to witness the highest growth rate, due to the increasing adoption of OLED displays in smartphones, tablets, and televisions. The superior image quality and energy efficiency of OLED displays make them a popular choice among consumers. The growing trend towards high-resolution and flexible displays further drives the demand for OLED technology in consumer electronics. Additionally, the expansion of the gaming industry and the rising popularity of virtual reality (VR) devices contribute to growth of the market.

Region with largest share:

During the forecast period, Asia Pacific region is expected to hold the largest market share attributed to the growing population and increasing disposable income in these countries drive the demand for premium electronic devices with OLED displays. Additionally, the region's strong manufacturing infrastructure and government initiatives supporting the electronics industry contribute to the market's growth. The rising adoption of OLED displays in automotive and healthcare sectors further boosts the market share of the Asia Pacific region.

Region with highest CAGR:

Over the forecast period, the North America region is anticipated to exhibit the highest CAGR, owing to the presence of leading technology companies and significant investments in research and development contribute to advancements in OLED technology. The rising popularity of wearable devices and smart home products further supports the growth of the OLED materials market in North America. Additionally, the automotive industry's focus on integrating advanced display technologies in vehicles drives the demand for OLED displays.

Key players in the market

Some of the key players profiled in the Organic Light Emitting Diode (OLED) Materials Market include LG Chem, Samsung SDI, Merck Group, Dupont, Kodak, Osram Opto Semiconductors, Sumitomo Chemical, BASF, Novaled, Citigroup, Mitsubishi Chemical, TADF Materials, Innolux Corporation, BOE Technology Group, Dai Nippon Printing (DNP), Konica Minolta, and Showa Denko.

Key Developments:

In November 2024, LG Chem and Reifenhauser agree to collaborate on establishing competitive MDO PE films for sustainable packaging. LG Chem and Reifenhauser sign MOU to develop Machine Direction Oriented (MDO)-PE blown films and flat films for recyclable packaging, aiming to surpass the normal market by producing recyclable films at competitive cost in a stable process

In September 2024, SAMSUNG SDI announced the company is participating in Renewable Energy Plus 2024, the largest renewable energy exhibition in North America, to introduce its latest battery solutions for energy storage system (ESS).

Types Covered:

• Encapsulation
• Substrates
• Anode
• Hole Injection Layer (HIL)
• Hole Transport Layer (HTL)
• Emissive Layer (EML)
• Electron Transport Layer (ETL)
• Cathode
• Other Materials

Form Factors Covered:

• Flexible OLED
• Rigid OLED
• Transparent OLED

Applications Covered:

• Display
• Lighting
• Holography and Optics
• Other Applications

End Users Covered:

• Automotive
• Healthcare
• Consumer Electronics
• Commercial
• Industrial
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Application Analysis
• 3.7 End User Analysis
• 3.8 Emerging Markets
• 3.9 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Organic Light Emitting Diode (OLED) Materials Market, By Type

• 5.1 Introduction
• 5.2 Encapsulation
• 5.3 Substrates
• 5.4 Anode
• 5.5 Hole Injection Layer (HIL)
• 5.6 Hole Transport Layer (HTL)
• 5.7 Emissive Layer (EML)
• 5.8 Electron Transport Layer (ETL)
• 5.9 Cathode
• 5.10 Other Types

6 Global Organic Light Emitting Diode (OLED) Materials Market, By Form Factor

• 6.1 Introduction
• 6.2 Flexible OLED
• 6.3 Rigid OLED
• 6.4 Transparent OLED

7 Global Organic Light Emitting Diode (OLED) Materials Market, By Application

• 7.1 Introduction
• 7.2 Display
  • 7.2.1 Smartphones
  • 7.2.2 Televisions
  • 7.2.3 Wearable Devices
  • 7.2.4 Laptops and Tablets
• 7.3 Lighting
  • 7.3.1 General Lighting
  • 7.3.2 Automotive Lighting
• 7.4 Holography and Optics
• 7.5 Other Applications

8 Global Organic Light Emitting Diode (OLED) Materials Market, By End User

• 8.1 Introduction
• 8.2 Automotive
• 8.3 Healthcare
• 8.4 Consumer Electronics
• 8.5 Commercial
• 8.6 Industrial
• 8.7 Other End Users

9 Global Organic Light Emitting Diode (OLED) Materials Market, By Geography

• 9.1 Introduction
• 9.2 North America
  • 9.2.1 US
  • 9.2.2 Canada
  • 9.2.3 Mexico
• 9.3 Europe
  • 9.3.1 Germany
  • 9.3.2 UK
  • 9.3.3 Italy
  • 9.3.4 France
  • 9.3.5 Spain
  • 9.3.6 Rest of Europe
• 9.4 Asia Pacific
  • 9.4.1 Japan
  • 9.4.2 China
  • 9.4.3 India
  • 9.4.4 Australia
  • 9.4.5 New Zealand
  • 9.4.6 South Korea
  • 9.4.7 Rest of Asia Pacific
• 9.5 South America
  • 9.5.1 Argentina
  • 9.5.2 Brazil
  • 9.5.3 Chile
  • 9.5.4 Rest of South America
• 9.6 Middle East & Africa
  • 9.6.1 Saudi Arabia
  • 9.6.2 UAE
  • 9.6.3 Qatar
  • 9.6.4 South Africa
  • 9.6.5 Rest of Middle East & Africa

10 Key Developments

• 10.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 10.2 Acquisitions & Mergers
• 10.3 New Product Launch
• 10.4 Expansions
• 10.5 Other Key Strategies

11 Company Profiling

• 11.1 LG Chem
• 11.2 Samsung SDI
• 11.3 Merck Group
• 11.4 Dupont
• 11.5 Kodak
• 11.6 Osram Opto Semiconductors
• 11.7 Sumitomo Chemical
• 11.8 BASF
• 11.9 Novaled
• 11.10 Citigroup
• 11.11 Mitsubishi Chemical
• 11.12 TADF Materials
• 11.13 Innolux Corporation
• 11.14 BOE Technology Group
• 11.15 Dai Nippon Printing (DNP)
• 11.16 Konica Minolta
• 11.17 Showa Denko