The AMOLED Organic Materials Market to Reach about $660 Million in 2015

IHS says that aggressive investment in AMOLED panel fabs is expected to to lead the OLED materials market to grow

Thursday, August 06, 2015
Display – Display Materials & Components
OLED Materials Market Tracker – H1 2015

  • Analysis of organic-light emitting materials used in the mass production of AMOLED and WOLED panels.
    • Light-emissive layer materials: Red, green, blue, yellow-green (YG) materials
    • Common layer materials: HTL, ETL, EIL/ETL, and CPL materials
    • Functional aid materials: Dopant, CGL, aETL, and prime layer materials
    • Samsung Display has led the growth of the light-emitting materials market from 2014 to 2015.
    • LG Display is expected to lead the market growth with WOLED panels from 2016.
  • Analyses of global demand for the organic-light emitting materials from 2014 to 2019; consumption by major panel maker; the supply chain; and the forecast of potential investment from other panel makers.
    • The AMOLED light-emitting materials market is forecast to reach about $260 million in the first half of 2015 and $660 million in 2015 in value.
    • The materials market is predicted to grow at a compound annual growth rate of 37% in value and 42% in unit from 2014 to 2019.
    • Key organic materials suppliers for AMOLED panel production are Dow Chemical Co., Duk San Neolux Co., Idemitsu Kosan Co., Samsung SDI Co. (formerly Cheil Industries Inc.), Doosan Electro Materials Co., LG Chem Ltd. Merck Group, Universal Display Corp. (UDC), and Novaled AG, which was acquired by Samsung SDI in 2013. There will be no drastic change in organic materials suppliers, except for some materials.

The “OLED Materials Market Tracker – H1 2015” newly published by IHS provides the analysis and forecast of organic light-emitting materials used in the production of active-matrix organic light-emitting diode (AMOLED) panels. In particular, this report deals with the light-emitting materials of red, green, and blue, along with the materials for common layers including hole transport layer (HTL), electron transport layer (ETL), and capping layer (CPL). It also covers dopant materials used in emissive layers, along with the materials for functional layers, such as charge generation layer (CGL) used in a stack structure, additional ETL (aETL) and electron blocking layer (EBL) used to improve blue efficiency, and prime layers used to enhance light extraction. The report examines consumption of such materials by panel maker and the status of materials suppliers.

The organic light-emitting materials market has grown in line with the growth of the AMOLED industry. Samsung Display Co., the producer of fine metal mask (FMM) RGB-type panels, should remain the dominant customer of organic light-emitting materials until the first half of 2015 when the full production of large-sized panels does not begin. However, LG Display Co. that produces white OLED (WOLED) panels, and Chinese panel makers are expected to increase their consumption of the materials from the second half of 2015 or the first quarter of 2016.

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