Market Overview:
The global OLED encapsulation materials market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for OLED displays and lighting across the globe. In terms of type, rigid glass is expected to hold a major share of the global OLED encapsulation materials market during the forecast period. This can be attributed to its high transparency and low haze values, which make it suitable for use in applications such as OLED displays and lighting. Flexible glass is also anticipated to witness significant growth during the forecast period, owing to its properties such as high flexibility and low weight. In terms of application, OLED displays are expected to account for a major share of the global OLED encapsulation materials market during the forecast period.
Product Definition:
An OLED encapsulation material is a material that is used to protect an OLED display from the environment. This can include protection from water, dust, and other debris. The importance of using an OLED encapsulation material is that it helps to keep the display functioning properly and looking good for a longer period of time.
Rigid Glass:
Rigid glass is a type of glass that does not flex or yield under normal pressure and stress. It has high thermal shock resistance and low permeability, which makes it suitable for applications such as electronics packaging. Rigid glasses are manufactured by mixing silica (quartz) with alkali metals or other metals to create a flexible base. The resulting material has the ability to retain its shape even after being bent, compressed, and rolled; this property is known as rigidity.
Flexible Glass:
Flexible glass is a type of plastic that can be easily drawn and shaped into sheets. It has high tensile strength, low thermal expansion, and good electrical properties.
Application Insights:
OLED displays emerged as the largest application segment and accounted for a revenue share of over 60% in 2017. The displays are used in various consumer electronics such as smartphones, Tvs, washing machines and refrigerators. The OLED lighting segment is expected to witness the fastest growth at a CAGR of XX% from 2018 to 2030 owing to increasing demand for smart cities, residential & commercial buildings and new product development initiatives by key players such as Samsung Display Co., Ltd., BOE Technology Group Co., Ltd., LG Display Inc. and China Poly-Chemical Corporation Limited (CPCL).
The conformal coatings segment is anticipated to grow at a significant rate over the forecast period due to its rising use in medical devices including pacemakers, stents etc. It also finds applications across industrial machinery & equipment where high durability is required along with excellent optical clarity enabling light penetration without any obstruction which further boosts product demand globally.
Regional Analysis:
North America dominated the global market in 2017 owing to early adoption of the technology. The region is expected to witness significant growth over the forecast period, with U.S. at the forefront and other countries such as Canada and Mexico following close behind.
The Middle East & Africa (MEA) market is anticipated to grow significantly due its large OLED panel production capacity that has yet been utilized fully; South Africa being one of them along with China.
Growth Factors:
- Increasing demand for OLED displays in consumer electronics
- Rising demand for transparent OLED displays
- Growing adoption of OLED lighting in automotive and architectural applications
- Proliferation of flexible OLED displays
- Technological advancements and innovations in encapsulation materials
Scope Of The Report
Report Attributes
Report Details
Report Title
OLED Encapsulation Materials Market Research Report
By Type
Rigid Glass, Flexible Glass, Conformal Coatings, Metal Foils, Laminates
By Application
OLED Displays, OLED Lighting
By Companies
GE, Osram GmbH, Philips Lighting, Samsung Display, LG Display Co., Ltd., Sony Corporation of America, Panasonic Corporation, Shenzhen Star Optoelectronic Technology Co., Ltd., Visionox Company, Japan Display Inc., Foxconn Electronics Inc., Toshiba Corporation, AU Optronics Corp.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
164
Number of Tables & Figures
115
Customization Available
Yes, the report can be customized as per your need.
Global OLED Encapsulation Materials Market Report Segments:
The global OLED Encapsulation Materials market is segmented on the basis of:
Types
Rigid Glass, Flexible Glass, Conformal Coatings, Metal Foils, Laminates
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
OLED Displays, OLED Lighting
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- GE
- Osram GmbH
- Philips Lighting
- Samsung Display
- LG Display Co., Ltd.
- Sony Corporation of America
- Panasonic Corporation
- Shenzhen Star Optoelectronic Technology Co., Ltd.
- Visionox Company
- Japan Display Inc.
- Foxconn Electronics Inc.
- Toshiba Corporation
- AU Optronics Corp.
Highlights of The OLED Encapsulation Materials Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Rigid Glass
- Flexible Glass
- Conformal Coatings
- Metal Foils
- Laminates
- By Application:
- OLED Displays
- OLED Lighting
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the OLED Encapsulation Materials Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
OLED encapsulation materials are a type of film that is used to protect OLED displays from environmental damage. The film can be made from a variety of materials, including polyester, polycarbonate, and silicone.
Some of the key players operating in the oled encapsulation materials market are GE, Osram GmbH, Philips Lighting, Samsung Display, LG Display Co., Ltd., Sony Corporation of America, Panasonic Corporation, Shenzhen Star Optoelectronic Technology Co., Ltd., Visionox Company, Japan Display Inc., Foxconn Electronics Inc., Toshiba Corporation, AU Optronics Corp..
The oled encapsulation materials market is expected to register a CAGR of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 OLED Encapsulation Materials Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 OLED Encapsulation Materials Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 OLED Encapsulation Materials Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the OLED Encapsulation Materials Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global OLED Encapsulation Materials Market Size & Forecast, 2018-2028
4.5.1 OLED Encapsulation Materials Market Size and Y-o-Y Growth
4.5.2 OLED Encapsulation Materials Market Absolute $ Opportunity
Chapter 5 Global OLED Encapsulation Materials Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 OLED Encapsulation Materials Market Size Forecast by Type
5.2.1 Rigid Glass
5.2.2 Flexible Glass
5.2.3 Conformal Coatings
5.2.4 Metal Foils
5.2.5 Laminates
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global OLED Encapsulation Materials Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 OLED Encapsulation Materials Market Size Forecast by Applications
6.2.1 OLED Displays
6.2.2 OLED Lighting
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global OLED Encapsulation Materials Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 OLED Encapsulation Materials Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America OLED Encapsulation Materials Analysis and Forecast
9.1 Introduction
9.2 North America OLED Encapsulation Materials Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America OLED Encapsulation Materials Market Size Forecast by Type
9.6.1 Rigid Glass
9.6.2 Flexible Glass
9.6.3 Conformal Coatings
9.6.4 Metal Foils
9.6.5 Laminates
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America OLED Encapsulation Materials Market Size Forecast by Applications
9.10.1 OLED Displays
9.10.2 OLED Lighting
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe OLED Encapsulation Materials Analysis and Forecast
10.1 Introduction
10.2 Europe OLED Encapsulation Materials Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe OLED Encapsulation Materials Market Size Forecast by Type
10.6.1 Rigid Glass
10.6.2 Flexible Glass
10.6.3 Conformal Coatings
10.6.4 Metal Foils
10.6.5 Laminates
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe OLED Encapsulation Materials Market Size Forecast by Applications
10.10.1 OLED Displays
10.10.2 OLED Lighting
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific OLED Encapsulation Materials Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific OLED Encapsulation Materials Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific OLED Encapsulation Materials Market Size Forecast by Type
11.6.1 Rigid Glass
11.6.2 Flexible Glass
11.6.3 Conformal Coatings
11.6.4 Metal Foils
11.6.5 Laminates
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific OLED Encapsulation Materials Market Size Forecast by Applications
11.10.1 OLED Displays
11.10.2 OLED Lighting
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America OLED Encapsulation Materials Analysis and Forecast
12.1 Introduction
12.2 Latin America OLED Encapsulation Materials Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America OLED Encapsulation Materials Market Size Forecast by Type
12.6.1 Rigid Glass
12.6.2 Flexible Glass
12.6.3 Conformal Coatings
12.6.4 Metal Foils
12.6.5 Laminates
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America OLED Encapsulation Materials Market Size Forecast by Applications
12.10.1 OLED Displays
12.10.2 OLED Lighting
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) OLED Encapsulation Materials Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) OLED Encapsulation Materials Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) OLED Encapsulation Materials Market Size Forecast by Type
13.6.1 Rigid Glass
13.6.2 Flexible Glass
13.6.3 Conformal Coatings
13.6.4 Metal Foils
13.6.5 Laminates
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) OLED Encapsulation Materials Market Size Forecast by Applications
13.10.1 OLED Displays
13.10.2 OLED Lighting
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 OLED Encapsulation Materials Market: Competitive Dashboard
14.2 Global OLED Encapsulation Materials Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 GE
14.3.2 Osram GmbH
14.3.3 Philips Lighting
14.3.4 Samsung Display
14.3.5 LG Display Co., Ltd.
14.3.6 Sony Corporation of America
14.3.7 Panasonic Corporation
14.3.8 Shenzhen Star Optoelectronic Technology Co., Ltd.
14.3.9 Visionox Company
14.3.10 Japan Display Inc.
14.3.11 Foxconn Electronics Inc.
14.3.12 Toshiba Corporation
14.3.13 AU Optronics Corp.
