Organic Polymer Electronics Market Trends and Forecast
The future of the global organic polymer electronics market looks promising with opportunities in the automotive, consumer electronic, healthcare, industrial sector, and military & defense markets. The global organic polymer electronics market is expected to grow with a CAGR of 22.4% from 2024 to 2030. The major drivers for this market are growing emphasis on sustainability and reducing carbon footprints, advancements in performance and efficiency, and rapid increase in adoption in the display industry as well as lighting.
• Lucintel forecasts that organic display will remain the largest segment over the forecast period.
• Within this market, automotive is expected to witness the highest growth.
• APAC is expected to witness the highest growth over the forecast period.
Country Wise Outlook for the Organic Polymer Electronics Market
• United States: Universal Display Corporation has expanded its OLED technology portfolio with advancements in organic polymer materials for next-generation displays. The US government supports research grants aimed at enhancing the efficiency and durability of organic electronics.
• Germany: BASF SE has collaborated with academic institutions to develop organic polymer materials for use in printed electronics and flexible displays. German government initiatives promote investments in sustainable and innovative technologies, including organic electronics.
• Japan: Sumitomo Chemical Co., Ltd. has introduced new organic semiconductor materials for organic photovoltaics (OPVs) and sensors. Japanese companies are targeting advancements in efficiency and cost-effectiveness to drive adoption in diverse electronic applications.
• China: TCL Corporation has invested in research and development of organic light-emitting diode (OLED) displays using locally sourced organic polymers. The Chinese governmentÄX%$%Xs strategic plans support domestic production of advanced electronic materials, including organic polymers.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Organic Polymer Electronics Market by Segment
The study includes a forecast for the global organic polymer electronics market by application, end use, and region.
Organic Polymer Electronics Market by Application [Value from 2018 to 2030]:
• Organic Display
• Organic Photovoltaic
• OLED Lighting
• Electronic Components and Integrated Systems
Organic Polymer Electronics Market by End Use [Value from 2018 to 2030]:
• Automotive
• Consumer Electronics
• Healthcare
• Industrial Sector
• Military and Defense
Organic Polymer Electronics Market by Region [Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Organic Polymer Electronics Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies organic polymer electronics companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the organic polymer electronics companies profiled in this report include-
• Sony Corporation
• AU Optronics
• Merck KGaA
• Novaled Gmbh
• FlexEnable
• LG Display
• Samsung Display
• BOE Technology Group
• Sumito Chemical
• Universal Display Corporation (UDC)
Recent Development in the Organic Polymer Electronics Market
• Universal Display Corporation: Universal Display Corporation has announced advancements in phosphorescent organic light-emitting diode (OLED) materials, enhancing the efficiency and color purity of displays. These materials are crucial for next-generation OLED screens in smartphones, TVs, and wearable devices.
• BASF SE: BASF SE has launched new organic semiconductor materials for use in flexible electronics and organic photovoltaics (OPVs). These materials offer improved performance in charge transport and stability, supporting the development of lightweight and energy-efficient electronic devices.
• Sumitomo Chemical Co., Ltd.: Sumitomo Chemical Co., Ltd. has developed high-performance organic thin-film transistors (OTFTs) for applications in flexible displays and electronic paper. These OTFTs exhibit improved electrical characteristics, enabling faster switching speeds and lower power consumption in electronic devices.
• TCL Corporation: TCL Corporation is investing in the production of flexible OLED displays using organic polymer materials. These displays offer advantages in thinness, light weight, and flexibility, catering to the demand for curved and foldable displays in consumer electronics.
• Samsung Display: Samsung Display has introduced Quantum Dot OLED (QD-OLED) technology, combining organic polymers with quantum dot materials for enhanced color accuracy and brightness in displays. This technology aims to redefine visual experiences in high-resolution TVs and monitors.
Features of the Global Organic Polymer Electronics Market
Market Size Estimates: Organic polymer electronics market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Organic polymer electronics market size by application, end use, and region in terms of value ($B).
Regional Analysis: Organic polymer electronics market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different applications, end uses, and regions for the organic polymer electronics market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the organic polymer electronics market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for organic polymer electronics market?
Answer: The global organic polymer electronics market is expected to grow with a CAGR of 22.4% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the organic polymer electronics market?
Answer: The major drivers for this market are growing emphasis on sustainability and reducing carbon footprints, advancements in performance and efficiency, and rapid increase in adoption in the display industry as well as lighting.
Q3. What are the major segments for organic polymer electronics market?
Answer: The future of the organic polymer electronics market looks promising with opportunities in the automotive, consumer electronic, healthcare, industrial sector, and military & defense markets.
Q4. Who are the key organic polymer electronics market companies?
Answer: Some of the key organic polymer electronics companies are as follows:
• Sony Corporation
• AU Optronics
• Merck KGaA
• Novaled Gmbh
• FlexEnable
• LG Display
• Samsung Display
• BOE Technology Group
• Sumito Chemical
• Universal Display Corporation (UDC)
Q5. Which organic polymer electronics market segment will be the largest in future?
Answer: Lucintel forecasts that organic display will remain the largest segment over the forecast period.
Q6. In organic polymer electronics market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness the highest growth over the forecast period.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the organic polymer electronics market by application (organic display, organic photovoltaic, OLED lighting, and electronic components and integrated systems), end use (automotive, consumer electronics, healthcare, industrial sector, and military and defense), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Organic Polymer Electronics Market Market, Organic Polymer Electronics Market Market Size, Organic Polymer Electronics Market Market Growth, Organic Polymer Electronics Market Market Analysis, Organic Polymer Electronics Market Market Report, Organic Polymer Electronics Market Market Share, Organic Polymer Electronics Market Market Trends, Organic Polymer Electronics Market Market Forecast, Organic Polymer Electronics Market Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.