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The global OLED luminescent material market will reach 1.52 billion U.S. dollars in 2021

According to data from market research company UBI Research, in 2021, the global OLED luminescent material market will reach 1.52 billion U.S. dollars, a year-on-year increase of 17%.



The research firm estimates that Korean panel companies will purchase 74.3% of the total materials, while Chinese counterparts will account for 25.7%. From the manufacturer's point of view, Samsung Display will become the largest buyer, accounting for 45.9%. This is followed by LG Display's 28.5% and BOE's 13.7%.

The global OLED luminescent material market will reach 1.52 billion U.S. dollars in 2021

UBI research pointed out that RGB (red, green, blue) OLED materials used in small OLEDs will account for 81.4%, and the proportion of OLED materials used in white OLEDs will be 18.3%. In addition, OLED materials used for quantum dots (QD) will account for less than 1% of the total materials.