NanoMarkets report says OLED lighting materials sales to reach $1.4B by 2015

Glen Allen, VA--According to a new report from industry analyst firm NanoMarkets, the market for materials used in organic light-emitting diode (OLED) lighting will generate almost $1.4 billion in 2015. The report, OLED Lighting Materials Market Trends and Impact, is the next in a series from NanoMarkets that examines the commercial opportunities arising from the emerging OLED lighting market.

Among the various electronics materials used in OLED lighting stacks, electron transport layer (ETL) materials will contribute the largest revenues with $370 million in sales in 2015. Many ETL materials including carbon nanotubes are currently being tried out by the industry.

Sales of emissive layer materials for OLED lighting are expected to reach almost $210 million by 2015. This is an area that has become widely protected by patents by many of the active suppliers.

Substrates and encapsulation will together account for almost 20% of the OLED lighting materials market in 2015. NanoMarkets believes that in the next decade there will be steady growth in the use of plastic film and flexible glass substrates for OLED lighting, as well as flexible encapsulation systems. This will reflect the inexorable trend towards roll-to-roll (R2R) manufacturing that has already begun.

This report analyzes and quantifies the opportunities that OLED lighting will create for materials suppliers. It sets out the key factors for success in this space, as well as what OLED materials developments will mean to the lighting industry and firms that make relevant manufacturing equipment. The report also examines the latest developments in OLED lighting materials and contains detailed forecasts broken out by type and functionality, as well as the kind of OLED lighting they will be used in. Finally, the report analyzes the emerging supply structure in the OLED materials sector indicating the companies to watch in this space and who the likely winners and losers will be.

SOURCE: NanoMarkets; http://nanomarkets.net/news/article/new_nanomarkets_report_pegs_thin-film_pv_substrate_and_encapsulation_market_at_1.3_billion_by_2015/

Posted by:Gail Overton

Subscribe now to Laser Focus World magazine; It’s free!

Follow us on Twitter