What They Say
DSCC has a new report and said that AMOLED stack materials are expected to grow by an 18% annual rate from $1.07 billion in 2020 to $2.9 billion. If UDC is successful in commercialising a blue phosphorescent dopant, then it could get over $3 billion. The chart is based on fluourescent blue. Even in this case, UDC will remain the top supplier (there’s a chart on the blog – registration required).
The revenue from QD-OLED and inkjet printed OLED will not make the market grow as much as if new large OLEDs were based on WOLED as the material use is lower. WOLED material cost is expected to continue to steadily decline (chart on the blog). It estimates that the additional cost for LG of its EX technology will stay above $30 per m² because of an extra green layer and the use of deuterium. DSCC estimates that in 2022, the unyielded stack costs for QD-OLED are expected to be ~25% lower than the standard WOLED.
Revenues from panels in mobile applications increase to 50% of all AMOLED material revenues in 2026 as larger fabs for mobile IT applications ramp up. It expects TCL CSOT to use IJP from 2025, boosting the use of materials deposited in this way.
The firm said that the report has details of the stacks of different OLED makers.
What We Think
As usual, if this is a topic that you would like detail on, it’s worth a look at the full blog article. (BR)
Material Revenues by Deposition Type, 2019-2026
