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OLED emitting material market to grow into US$ 560 million in 2015

The expected growth between 2015 and 2020 is forecast to be 35% CAGR

16 Mar 2015 | Editor

UBI Research has recently published their latest forecast on "OLED emitting materials". According to the research the emitter market is expected to reach US$ 560 million at the end of 2015 up 16% from 2014.

In addition, the report says that the increase in being driven by LG Display’s E4 (M2) line, Samsung Display’s A3 line, and an increase in operation rate of existing A1 and A2 production lines.

The expected growth in OLED panels for displays will see the OLED emitting material market to grow by 35% compound annual growth rate, and to be worth US$ 2,500 million by 2020.

UBI Research - OLED Emitting Material Market Forecast

Figure: UBI Research - OLED Emitting Material Market Forecast

While Korean companies currently account for more that 90% of the OLED emitter market this is expected to fall to about 70% by 2017 as new Chinese OLED production capacity comes on stream. Therefore, OLED emitter material manufacturers are expected to target the Chinese market.

www.olednet.com   

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