Europe Organic Light-emitting Diode (OLED) Materials Market, Emerging Trends, Technological Advancements, and Business Strategies 2024-2030

Europe OLED Materials Market size was valued at US$ 678.4 million in 2024 and is projected to reach US$ 1.12 billion by 2030, at a CAGR of 8.7% during the forecast period 2024-2030.

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Europe OLED Materials Market size was valued at US$ 678.4 million in 2024 and is projected to reach US$ 1.12 billion by 2030, at a CAGR of 8.7% during the forecast period 2024-2030.

Europe_OLED_Materials_Market_Growth

OLED materials are organic compounds used to create light-emitting layers in OLED displays and lighting.

Rapid market growth is driven by increasing adoption of OLED displays in smartphones and TVs. Ongoing research in material science is improving OLED efficiency and longevity. The emerging OLED lighting market is creating additional demand for specialized OLED materials.

Report Includes

This report is an essential reference for who looks for detailed information on Europe Organic Light-emitting Diode (OLED) Materials. The report covers data on Europe markets including historical and future trends for supply, market size, prices, trading, competition and value chain as well as Europe major vendors¡¯ information. In addition to the data part, the report also provides overview of Organic Light-emitting Diode (OLED) Materials, including classification, application, manufacturing technology, industry chain analysis and latest market dynamics. Finally, a customization report in order to meet user’s requirements is also available.

This report aims to provide a comprehensive presentation of the Europe Organic Light-emitting Diode (OLED) Materials, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Organic Light-emitting Diode (OLED) Materials. This report contains market size and forecasts of Organic Light-emitting Diode (OLED) Materials in Europe, including the following market information:
We surveyed the Organic Light-emitting Diode (OLED) Materials manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

by Country

•    Germany
•    United Kingdom
•    France
•    Italy
•    Spain
•    Netherlands
•    Belgium

by Products type:

•    PMOLED
•    AMOLED

by Application:

•    Smart Phone
•    VR Helmet
•    Wearable Device
•    Tablets
•    TV
•    Other

key players include: (At least 8-10 companies included)

•    Merck KGaA
•    Cynora GmbH
•    Novaled GmbH
•    BASF SE
•    Osram Licht AG
•    Sumitomo Chemical
•    Covestro
•    AIXTRON SE
•    Universal Display Corporation (UDC)
•    Idemitsu Kosan Co., Ltd.

Including or excluding key companies relevant to your analysis.

Competitor Analysis

The report also provides analysis of leading market participants including:
•    Key companies Organic Light-emitting Diode (OLED) Materials revenues in Europe market, 2019-2024 (Estimated), ($ millions)
•    Key companies Organic Light-emitting Diode (OLED) Materials revenues share in Europe market, 2023 (%)
•    Key companies Organic Light-emitting Diode (OLED) Materials sales in Europe market, 2019-2024 (Estimated),
•    Key companies Organic Light-emitting Diode (OLED) Materials sales share in Europe market, 2023 (%)

Drivers

  1. Growing Demand for OLED Displays in Consumer Electronics
    The increasing use of OLED displays in devices like smartphones, televisions, and wearables is a significant driver in the Europe OLED materials market. OLEDs offer superior display quality, better contrast, and lower energy consumption than traditional LED and LCD technologies, which is attracting widespread adoption in consumer electronics. This demand is fueled by Europe’s technologically advanced consumer base, and the region’s large market for high-end electronics is boosting the consumption of OLED materials.
  2. Advancements in OLED Technology
    Continuous innovation in OLED technology, such as the development of flexible and foldable OLED displays, is pushing manufacturers to adopt new materials to improve performance and longevity. Europe, known for its cutting-edge research and development, has seen a surge in investments toward the creation of new OLED materials, particularly for automotive displays, flexible wearables, and innovative lighting solutions.
  3. Sustainability and Energy Efficiency Trends
    OLED materials, particularly in lighting applications, offer significant energy efficiency benefits compared to traditional lighting technologies. With growing concerns over energy consumption and carbon emissions, Europe has been at the forefront of promoting sustainable technologies. Government incentives and environmental regulations are encouraging industries to shift toward OLED-based lighting, thus driving the demand for OLED materials.
  4. Expanding Automotive Industry
    The European automotive sector, known for its premium brands and innovation in vehicle design, is increasingly integrating OLED displays in dashboards, head-up displays, and interior lighting. As electric vehicles (EVs) and autonomous driving gain traction, OLED materials are becoming a preferred choice due to their design flexibility, lightweight nature, and superior display properties.

Restraints

  1. High Cost of OLED Materials
    Despite their benefits, OLED materials remain more expensive than traditional alternatives like LCD and LED. The high cost of production and materials (such as organic compounds and rare earth elements) limits the widespread adoption of OLED technology, especially in cost-sensitive applications. This pricing challenge may restrict growth, particularly among smaller players in the consumer electronics and lighting sectors.
  2. Complex Manufacturing Process
    The production of OLED materials and components is highly complex, requiring sophisticated equipment and techniques. Any manufacturing defects can lead to lower yield rates, driving up costs further. The intricacy of the production process poses a barrier to entry for smaller companies and delays mass-scale commercialization, especially in niche applications like flexible displays.
  3. Competition from Emerging Technologies
    While OLEDs offer significant advantages, they face competition from emerging display technologies like MicroLED and Quantum Dot. These technologies promise higher brightness, longer lifespans, and potentially lower costs. If they continue to develop at the current pace, they could pose a substantial challenge to OLED dominance, particularly in the European market where there is a constant search for the next breakthrough technology.
  4. Limited Lifespan of OLED Displays
    One of the notable challenges with OLED materials is their shorter lifespan compared to other display technologies. Organic compounds in OLEDs tend to degrade over time, leading to issues like burn-in and reduced brightness. This is a significant concern for applications requiring long-lasting displays, such as automotive and industrial sectors, limiting their appeal in these markets.

Opportunities

  1. Rising Adoption of OLED Lighting Solutions
    OLED technology has begun expanding into the lighting sector due to its unique properties, including thinness, flexibility, and energy efficiency. Europe’s emphasis on sustainability and energy conservation presents an opportunity for OLED lighting to replace traditional lighting systems. Applications in commercial, residential, and automotive sectors could see a significant boost in demand for OLED materials dedicated to lighting.
  2. Increased R&D Investments
    Europe is home to several leading research institutions and OLED manufacturers that are heavily investing in R&D to improve OLED materials. The focus on enhancing material efficiency, developing environmentally friendly alternatives, and reducing costs will likely spur further innovations. These advancements could overcome existing challenges, leading to broader commercialization and market expansion.
  3. Flexible and Wearable Display Market Expansion
    Europe has shown growing interest in flexible and wearable technologies, particularly in consumer electronics and healthcare devices. OLED materials’ flexibility and superior display characteristics make them ideal for these applications. As the wearable technology market grows, particularly in fitness, healthcare, and fashion industries, demand for OLED materials is expected to rise.
  4. Government Support and Environmental Regulations
    With stringent European regulations focused on reducing carbon footprints and improving energy efficiency, OLED materials stand to benefit from various government initiatives. Funding and subsidies for energy-efficient and sustainable technologies provide opportunities for OLED adoption in public infrastructure, smart city projects, and green lighting systems.

Challenges

  1. Technical Limitations in Large-Scale Applications
    Although OLEDs have proven effective in small displays (such as smartphones), scaling the technology for larger displays (such as televisions) without compromising quality and lifespan remains a challenge. The technical limitations of current OLED materials in terms of efficiency and longevity must be overcome to enable widespread use in larger, high-performance displays, which are in demand for both the consumer and commercial sectors.
  2. Supply Chain Disruptions
    Europe is highly reliant on the import of OLED materials and components, particularly from Asian countries like South Korea, Japan, and China, which dominate OLED material production. Any disruptions in the global supply chain, such as geopolitical tensions, trade barriers, or logistical issues, could significantly impact material availability and pricing in Europe, creating challenges for local manufacturers.
  3. Environmental Concerns Related to OLED Disposal
    While OLED materials offer benefits in terms of energy efficiency, their end-of-life disposal poses environmental challenges. The materials used in OLED displays can be difficult to recycle, and the organic compounds may release harmful substances if not properly disposed of. As European regulations around waste disposal and recycling tighten, addressing the environmental impact of OLED material disposal will be critical for market sustainability.
  4. Increasing Focus on Circular Economy
    Europe’s push toward a circular economy, where products and materials are recycled and reused, could pose a challenge for the OLED materials market. OLED materials, which often involve complex organic compounds and limited recyclability, may struggle to align with stringent circular economy regulations, putting pressure on manufacturers to develop more sustainable solutions.

Key Points of this Report:
•    The depth industry chain includes analysis value chain analysis, porter five forces model analysis and cost structure analysis
•    The report covers Europe and country-wise market of Organic Light-emitting Diode (OLED) Materials
•    It describes present situation, historical background and future forecast
•    Comprehensive data showing Organic Light-emitting Diode (OLED) Materials capacities, production, consumption, trade statistics, and prices in the recent years are provided
•    The report indicates a wealth of information on Organic Light-emitting Diode (OLED) Materials manufacturers
•    Organic Light-emitting Diode (OLED) Materials forecast for next five years, including market volumes and prices is also provided
•    Raw Material Supply and Downstream Consumer Information is also included
•    Any other user’s requirements which is feasible for us

Reasons to Purchase this Report:
•    Analyzing the outlook of the market with the recent trends and SWOT analysis
•    Market dynamics scenario, along with growth opportunities of the market in the years to come
•    Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
•    Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
•    Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
•    Distribution Channel sales Analysis by Value
•    Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
•    Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
•    1-year analyst support, along with the data support in excel format.

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Table of Content

1 Market Overview    

1.1 Product Overview and Scope of Organic Light-emitting Diode (OLED) Materials

1.2 Segment by Type    

1.2.1 Europe Market Size YoY Growth Rate Analysis by Type: 2023 VS 2030
1.2.2 PMOLED
1.2.3 AMOLED

1.3 Segment by Application  

1.3.1 Europe Market Size YoY Growth Rate Analysis by Application: 2023 VS 2030
1.3.2    Smart Phone
1.3.3    VR Helmet
1.3.4    Wearable Device
1.3.5    Tablets
1.3.6    TV
1.3.7    Other
1.4 Europe Market Growth Prospects
1.4.1 Europe Revenue Estimates and Forecasts (2019-2030)
1.4.2 Europe Production Estimates and Forecasts (2019-2030)

2 Europe Growth Trends    

2.1 Industry Trends
2.1.1 SWOT Analysis
2.1.2 PESTEL Analysis
2.1.3 Porter’s Five Forces Analysis
2.2 Potential Market and Growth Potential Analysis

3 Market Competition by Manufacturers  

3.1 Europe Production by Manufacturers (2019-2023)
3.2 Europe Revenue Market Share by Manufacturers (2019-2023)
3.3 Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4 Europe Average Price by Manufacturers (2019-2023)
3.5 Manufacturers Production Sites, Area Served, Product Type
3.6 Market Competitive Situation and Trends
3.6.1 Market Concentration Rate
3.6.2 Europe 5 and 10 Largest Players Market Share by Revenue
3.6.3 Mergers & Acquisitions, Expansion

4 Production by Region

4.1 Europe Production
4.1.1 Europe Production YoY Growth Rate (2019-2023)
4.1.2 Europe Production, Revenue, Price and Gross Margin (2019-2024)

5 Consumption by Region  

5.1 Europe
5.1.1 Europe Consumption by Country
5.1.2 Europe Sales, Consumption, Export, Import (2019-2023)
5.1.1 Germany
5.2.2 United Kingdom
5.3.3 France
5.4.4 Italy
5.5.5 Spain
5.6.6 Netherlands
5.7.7 Belgium

6 Segment by Type   

6.1 Europe Production Market Share by Type (2019-2024)
6.2 Europe Revenue Market Share by Type (2019-2024)
6.3 Europe Price by Type (2019-2024)

7 Segment by Application  

7.1 Europe Production Market Share by Application (2019-2024)
7.2 Europe Revenue Market Share by Application (2019-2024)
7.3 Europe Price by Application (2019-2024)

8 Key Companies Profiled    

8.1 Merck KGaA
8.1.1 Merck KGaA Corporation Information
8.1.2 Merck KGaA Product Portfolio
8.1.3 Merck KGaA Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.1.4 Merck KGaA Main Business and Markets Served
8.1.5 Merck KGaA Recent Developments/Updates
8.2 Cynora GmbH
8.2.1 Cynora GmbH Corporation Information
8.2.2 Cynora GmbH Product Portfolio
8.2.3 Cynora GmbH Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.2.4 Cynora GmbH Main Business and Markets Served
8.2.5 Cynora GmbH Recent Developments/Updates
8.3 Novaled GmbH
8.3.1 Novaled GmbH Corporation Information
8.3.2 Novaled GmbH Product Portfolio
8.3.3 Novaled GmbH Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.3.4 Novaled GmbH Main Business and Markets Served
8.3.5 Novaled GmbH Recent Developments/Updates
8.4 BASF SE
8.4.1 BASF SE Corporation Information
8.4.2 BASF SE Product Portfolio
8.4.3 BASF SE Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.4.4 BASF SE Main Business and Markets Served
8.4.5 BASF SE Recent Developments/Updates
8.5 Osram Licht AG
8.5.1 Osram Licht AG Corporation Information
8.5.2 Osram Licht AG Product Portfolio
8.5.3 Osram Licht AG Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.5.4 Osram Licht AG Main Business and Markets Served
8.5.5 Osram Licht AG Recent Developments/Updates
8.6 Sumitomo Chemical
8.6.1 Sumitomo Chemical Corporation Information
8.6.2 Sumitomo Chemical Product Portfolio
8.6.3 Sumitomo Chemical Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.6.4 Sumitomo Chemical Main Business and Markets Served
8.6.5 Sumitomo Chemical Recent Developments/Updates
8.7 Covestro
8.7.1 Covestro Corporation Information
8.7.2 Covestro Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.7.3 Covestro Main Business and Markets Served
8.7.4 Covestro Recent Developments/Updates
8.8 AIXTRON SE
8.8.1 AIXTRON SE Corporation Information
8.8.2 AIXTRON SE Product Portfolio
8.8.3 AIXTRON SE Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.8.4 AIXTRON SE Main Business and Markets Served
8.8.5 AIXTRON SE Recent Developments/Updates
8.9 Universal Display Corporation (UDC)
8.9.1 Universal Display Corporation (UDC) Corporation Information
8.9.2 Universal Display Corporation (UDC) Product Portfolio
8.9.3 Universal Display Corporation (UDC) Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.9.4 Universal Display Corporation (UDC) Main Business and Markets Served
8.9.5 Universal Display Corporation (UDC) Recent Developments/Updates
8.10 Idemitsu Kosan Co., Ltd.
8.10.1 Idemitsu Kosan Co., Ltd. Corporation Information
8.10.2 Idemitsu Kosan Co., Ltd. Product Portfolio
8.10.3 Idemitsu Kosan Co., Ltd. Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.10.4 Idemitsu Kosan Co., Ltd. Main Business and Markets Served
8.10.5 Idemitsu Kosan Co., Ltd. Recent Developments/Updates

9 Manufacturing Cost Analysis    

9.1 Key Raw Materials Analysis
9.1.1 Key Raw Materials
9.1.2 Key Suppliers of Raw Materials
9.2 Proportion of Manufacturing Cost Structure
9.3 Manufacturing Process Analysis of Organic Light-emitting Diode (OLED) Materials
9.4 Industrial Chain Analysis

10 Marketing Channel, Distributors and Customers  

10.1 Marketing Channel
10.2 Distributors List
10.3 Customers

11 Market Dynamics

11.1 Industry Trends
11.2 Market Drivers
11.3 Market Challenges
11.4 Market Restraints

12 Production and Supply Forecast

12.1 Europe Production, Revenue Forecast (2024-2030)

13 Consumption and Demand Forecast  

13.1 Europe Forecasted Consumption of by Country

14 Forecast by Type and by Application  

14.1 Europe Production, Revenue and Price Forecast by Type (2024-2030)
14.1.1 Europe Forecasted Production of by Type (2024-2030)
14.1.2 Europe Forecasted Revenue of by Type (2024-2030)
14.1.3 Europe Forecasted Price of by Type (2024-2030)
14.2 Europe Production, Revenue and Price Forecast by Application (2024-2030)
14.2.1 Europe Forecasted Production of by Application (2024-2030)
14.2.2 Europe Forecasted Revenue of by Application (2024-2030)
14.2.3 Europe Forecasted Price of by Application (2024-2030)

15 Research Findings and Conclusion   

16 Methodology and Data Source    

16.1 Methodology/Research Approach
16.1.1 Research Programs/Design
16.1.2 Market Size Estimation
16.1.3 Market Breakdown and Data Triangulation
16.2 Data Source
16.2.1 Secondary Sources
16.2.2 Primary Sources
16.3 Author List
16.4 Disclaimer

17 Appendix    

17.1 Note
17.2 Examples of Clients