New NanoMarkets Report on OLED Materials States That the Market Will Reach $2.7 Billion...

New NanoMarkets Report on OLED Materials States That the Market Will Reach
$2.7 Billion by 2015

GLEN ALLEN, Va., Oct. 23 /PRNewswire/ -- After receiving investments
totaling billions of dollars over the past decade, the OLED industry is
finally poised to take off. According to NanoMarkets, an industry analyst firm
based here, the markets for OLED materials will reach $2.7 billion by 2015.
Additional details about the report can be found on the firm's website at
http://www.nanomarkets.net.
Key Findings:
-- The recent announcement by Nokia requiring its vendors to be capable of
producing OLED displays is a strong indication that OLED technology is about
ready for broader commercial production. GE Global Research's success with
roll-to-roll production of OLED devices indicates that OLED lighting may
result in greater near term production volume than displays. Sony meanwhile
has launched the world's first OLED television. The rise of lighting and
television applications, in particular, are positive for materials suppliers,
because these applications require large OLEDs and hence use much more
material than the small cell phone and MP3 player displays that have until
recently dominated the OLED space.
-- OLED lighting has already exceeded the efficiency of fluorescent lamps
in laboratory tests, holding out the promise of a new era of power-saving
solid-state lighting. As the world becomes more energy conservation oriented
and concerned about energy costs this will drive rapid growth for the OLED
lighting industry and hence the demand for OLED materials. By 2015, as much as
90 percent of OLED materials by volume will be consumed by lighting
applications.
-- Flexible substrates including a range of plastic films will rapidly
gain a significant share of the market as roll-to-roll processing becomes
faster and more efficient. This development will result in lighter weight
devices that will open up new applications for product designers. By 2015
about one-third (by area) of all OLEDs will be fabricated on flexible
substrates.
-- Firms capable of developing and marketing complete materials systems
for OLEDs are on the rise. This means that display and lighting buyers can
depend on a single supplier who will provide a matched set of materials with
pre-determined characteristics. In addition, the fact that these single
sources include some of the largest materials firms in the world -- such as
DuPont, Merck and Sumitomo Chemical -- will help to guarantee a stable supply
of OLED materials for a maturing OLED industry.
-- Despite this maturity there is still plenty of room for smaller
innovative firms such as Novaled. As the market expands, the number of
opportunities opens up to create materials tailored to specific applications
and manufacturing processes. Areas where NanoMarkets sees potential are stack
designs, hybrid polymer/small molecule approaches, novel forms of doping, and
new types of materials for solution processed OLEDs.
About the Report:
The new NanoMarkets report, "OLED Materials Markets-2008" provides a
complete analysis of the commercial opportunities for OLED materials.
Materials for all the layers of the OLED stack are covered including cathode,
EML, HTL/EBL, HIL, anode, encapsulation and substrate. Polymer and small
molecule OLEDs are both discussed and the report contains detailed eight-year
volume and value forecasts broken out by types of materials and by layer in
the stack. This worldwide report also contains profiles of 34 firms active in
supplying OLED materials throughout.
About NanoMarkets:
NanoMarkets tracks and analyzes emerging market opportunities in
electronics created by developments in advanced materials. The firm has
published numerous reports related to organic, thin film and printable
electronics materials and applications. The firm also publishes a blog found
at http://www.nanotopblog.com.
SOURCE NanoMarkets

Robert Nolan of NanoMarkets, +1-804-360-2967, info@nanomarkets.net