OLED materials sales on the rise
Fuelled by a rapidly developing OLED lighting market and many new applications for OLED displays beyond mobile phone sub-displays and MP3 players, there will be an explosion in demand for OLED materials of all kinds says a new report from NanoMarkets.
According to the latest report on the OLED materials market, this market will grow from around US$420 million in 2010 to US$2.9 billion in 2015.
OLED lighting is expected to consume about 70% of OLED materials by 2015. OLED lighting has fewer materials challenges than equivalent-sized displays and a major factor in why this part of the market is taking off.
On the substrate front flexibility is what the industry is striving for to realise the benefits offered by roll-to-roll processing of OLEDs. However, such substrates are currently challenged by insufficient barrier characteristics and by high costs so rigid glass substrates, which offer the best combination of performance, costs and manufacturability, will be the de facto option at least until 2012.
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