Analysis company UBI Research: OLED material market will reach 2.3 billion US dollars in 2025

Core tip: According to foreign media reports, data from the analysis company UBI Research shows that in 2021, the market size of OLED materials for mobile and TV products is expected to be 1.74 billion U.S. dollars, and the market size will reach 2.29 billion U.S. dollars in 2025.
According to foreign media reports, data from the analysis company UBI Research shows that in 2021, the market size of OLED materials for mobile and TV products is expected to be 1.74 billion U.S. dollars, and the market size will reach 2.29 billion U.S. dollars in 2025.

According to foreign media reports, UBI Research’s estimates do not include OLED materials used in tablets and notebooks. OLED materials mainly include two parts: light-emitting materials and basic materials.

Previously, in April this year, market research company Omdia released data showing that in 2021, the OLED material market will grow by 40% to reach 1.754 billion US dollars, which is much higher than the 16% annual growth rate in 2020, which will benefit from The impact of smart phones, TVs, and PCs on the adoption of OLEDs and the mass production of QLEDs.

It is reported that Samsung Display is one of the world's largest OLED panel suppliers and a large buyer of OLED materials. In addition, LG Display is also one of the manufacturers and suppliers of OLED and flexible displays. It occupies a leading position in the global large-scale OLED TV screen market and is also one of the buyers of OLED materials.