The global thin film encapsulation market is expected to grow at a CAGR of 5.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing demand for flexible OLED displays and lighting, which are driving the demand for thin film encapsulation materials. The increasing adoption of OLED displays in smartphones and televisions is also expected to drive the growth of this market during the forecast period.
The organic layers deposition segment accounted for a major share in 2017 owing to its low cost and high flexibility, which makes it suitable for use in flexible OLED display applications such as smartphones and televisions. Inorganic layers deposition segment is expected to grow at a higher CAGR during the forecast period owing to its high durability and stability against moisture, which makes it suitable for use in flexible OLED lighting applications such as smart signage or billboards.
Some Of The Growth Factors Of This Market:
- The growth of the Thin Film Encapsulation market is driven by the increasing demand for thin film encapsulation in various industries such as automotive, aerospace, and electronics.
- The increasing demand for thin film encapsulation in various industries such as automotive, aerospace, and electronics is driving the growth of the Thin Film Encapsulation market.
- Increasing investments in research and development activities by key players are also driving the growth of this market.
- Increasing adoption of thin film encapsulants due to their low cost and high performance.
Industry Growth Insights published a new data on “Thin Film Encapsulation Market”. The research report is titled “Thin Film Encapsulation Market research by Types (Organic Layers Deposition, Inorganic Layers Deposition), By Applications (Flexible OLED Display, Flexible OLED Lighting, Thin-Film Photovoltaics, Others), By Players/Companies Samsung SDI, LG Chem, Universal Display Corp. (UDC), Applied Materials, 3M, Veeco Instruments, Kateeva, Toray Industries, BASF (Rolic), Meyer Burger, Aixtron, Bystronic Glass, AMS Technologies, Angstrom Engineering”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Thin Film Encapsulation Market Research Report
By Type
Organic Layers Deposition, Inorganic Layers Deposition
By Application
Flexible OLED Display, Flexible OLED Lighting, Thin-Film Photovoltaics, Others
By Companies
Samsung SDI, LG Chem, Universal Display Corp. (UDC), Applied Materials, 3M, Veeco Instruments, Kateeva, Toray Industries, BASF (Rolic), Meyer Burger, Aixtron, Bystronic Glass, AMS Technologies, Angstrom Engineering
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
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Thin Film Encapsulation Market Report Segments:
The global Thin Film Encapsulation market is segmented on the basis of:
Types
Organic Layers Deposition, Inorganic Layers Deposition
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
Flexible OLED Display, Flexible OLED Lighting, Thin-Film Photovoltaics, Others
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:
- Samsung SDI
- LG Chem
- Universal Display Corp. (UDC)
- Applied Materials
- 3M
- Veeco Instruments
- Kateeva
- Toray Industries
- BASF (Rolic)
- Meyer Burger
- Aixtron
- Bystronic Glass
- AMS Technologies
- Angstrom Engineering
Highlights of The Thin Film Encapsulation 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:
- Organic Layers Deposition
- Inorganic Layers Deposition
- By Application:
- Flexible OLED Display
- Flexible OLED Lighting
- Thin-Film Photovoltaics
- Others
- 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 Thin Film Encapsulation 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
- Identifying Appropriate Advertising Appeals
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?
Thin film encapsulation is a process of forming a protective coating on the surface of an object. The coating can be made from any number of materials, including plastics, metals, and other substances. Thin film encapsulation is often used to protect electronic devices from damage and corrosion.
Some of the major players in the thin film encapsulation market are Samsung SDI, LG Chem, Universal Display Corp. (UDC), Applied Materials, 3M, Veeco Instruments, Kateeva, Toray Industries, BASF (Rolic), Meyer Burger, Aixtron, Bystronic Glass, AMS Technologies, Angstrom Engineering.
The thin film encapsulation market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Thin Film Encapsulation Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Thin Film Encapsulation Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Thin Film Encapsulation Market - Supply Chain
4.5. Global Thin Film Encapsulation Market Forecast
4.5.1. Thin Film Encapsulation Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Thin Film Encapsulation Market Size (000 Units) and Y-o-Y Growth
4.5.3. Thin Film Encapsulation Market Absolute $ Opportunity
5. Global Thin Film Encapsulation Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Thin Film Encapsulation Market Size and Volume Forecast by Type
5.3.1. Organic Layers Deposition
5.3.2. Inorganic Layers Deposition
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Thin Film Encapsulation Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Thin Film Encapsulation Market Size and Volume Forecast by Application
6.3.1. Flexible OLED Display
6.3.2. Flexible OLED Lighting
6.3.3. Thin-Film Photovoltaics
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Thin Film Encapsulation Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Thin Film Encapsulation Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Thin Film Encapsulation Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Thin Film Encapsulation Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Thin Film Encapsulation Demand Share Forecast, 2019-2026
9. North America Thin Film Encapsulation Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Thin Film Encapsulation Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Thin Film Encapsulation Market Size and Volume Forecast by Application
9.4.1. Flexible OLED Display
9.4.2. Flexible OLED Lighting
9.4.3. Thin-Film Photovoltaics
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Thin Film Encapsulation Market Size and Volume Forecast by Type
9.7.1. Organic Layers Deposition
9.7.2. Inorganic Layers Deposition
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Thin Film Encapsulation Demand Share Forecast, 2019-2026
10. Latin America Thin Film Encapsulation Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Thin Film Encapsulation Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Thin Film Encapsulation Market Size and Volume Forecast by Application
10.4.1. Flexible OLED Display
10.4.2. Flexible OLED Lighting
10.4.3. Thin-Film Photovoltaics
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Thin Film Encapsulation Market Size and Volume Forecast by Type
10.7.1. Organic Layers Deposition
10.7.2. Inorganic Layers Deposition
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Thin Film Encapsulation Demand Share Forecast, 2019-2026
11. Europe Thin Film Encapsulation Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Thin Film Encapsulation Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Thin Film Encapsulation Market Size and Volume Forecast by Application
11.4.1. Flexible OLED Display
11.4.2. Flexible OLED Lighting
11.4.3. Thin-Film Photovoltaics
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Thin Film Encapsulation Market Size and Volume Forecast by Type
11.7.1. Organic Layers Deposition
11.7.2. Inorganic Layers Deposition
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Thin Film Encapsulation Demand Share, 2019-2026
12. Asia Pacific Thin Film Encapsulation Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Thin Film Encapsulation Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Thin Film Encapsulation Market Size and Volume Forecast by Application
12.4.1. Flexible OLED Display
12.4.2. Flexible OLED Lighting
12.4.3. Thin-Film Photovoltaics
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Thin Film Encapsulation Market Size and Volume Forecast by Type
12.7.1. Organic Layers Deposition
12.7.2. Inorganic Layers Deposition
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Thin Film Encapsulation Demand Share, 2019-2026
13. Middle East & Africa Thin Film Encapsulation Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Thin Film Encapsulation Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Thin Film Encapsulation Market Size and Volume Forecast by Application
13.4.1. Flexible OLED Display
13.4.2. Flexible OLED Lighting
13.4.3. Thin-Film Photovoltaics
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Thin Film Encapsulation Market Size and Volume Forecast by Type
13.7.1. Organic Layers Deposition
13.7.2. Inorganic Layers Deposition
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Thin Film Encapsulation Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Thin Film Encapsulation Market: Market Share Analysis
14.2. Thin Film Encapsulation Distributors and Customers
14.3. Thin Film Encapsulation Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Samsung SDI
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. LG Chem
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Universal Display Corp. (UDC)
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Applied Materials
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. 3M
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Veeco Instruments
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Kateeva
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Toray Industries
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. BASF (Rolic)
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Meyer Burger
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Aixtron
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Bystronic Glass
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. AMS Technologies
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Angstrom Engineering
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
