According to the new market research report "Thin-Film Encapsulation (TFE) Market
 by Application (OLED Display, Lighting, Thin-Film Photovoltaics), 
Deposition Technology (Inorganic Layers (PECVD, ALD) and Organic Layers 
(Inkjet Printing and VTE)), and Geography - Global Forecast to 2023",
 The thin-film encapsulation market for materialsis expected to grow 
from USD 31.7 Million in 2018 to USD 101.1 Million by 2023, at a CAGR of
 26.1% between 2018 and 2023.
• Download Informaitonal PDF Brochure :-
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=255749417
Browse 13 market data Tables and 38 Figures spread through 104 Pages and in-depth TOC on "Thin-Film Encapsulation (TFE) Market".
  
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• Download Informaitonal PDF Brochure :-
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=255749417
Browse 13 market data Tables and 38 Figures spread through 104 Pages and in-depth TOC on "Thin-Film Encapsulation (TFE) Market".
The
 leading suppliers of thin-film encapsulation equipment and materials in
 the market are Samsung SDI (Novaled) (South Korea), LG Chem (South 
Korea), Universal Display Corp. (UDC) (US), Applied Materials (US), 3M 
(US), Veeco Instruments (US), Kateeva (US), Toray Industries (Japan), 
BASF (Rolic) (Germany), Meyer Burger (Switzerland), Aixtron (Germany), 
Bystronic Glass (Germany), AMS Technologies (Germany), and Angstrom 
Engineering (Canada). Key innovators profiled in this report include 
Beneq (Finland), Encapsulix (France), Lotus Applied Technology (US), 
Vitriflex (US), and Picodeon (Finland).
The 
thin-film encapsulation  market for materialscovers  the thin-film 
organic and inorganic barriers used at the manufacturing level of  
flexible OLED displays, flexible OLED lighting, thin-film photovoltaics,
 and  other products. The need for thin-film barriers in flexible and 
organic devices,  trend of thin-film encapsulation using inkjet  
printing technology, and rapid adoption of flexible OLED displays for 
smartphones  and smart wearables significantly drive the market growth. 
The growing  investments in the OLED technology and manufacturing 
facilities and rising  adoption of thin-film solar cells are likely to 
provide lucrative opportunities  for the market players in the near 
future.
Rising demand for flexible OLED 
displays and flexible OLED lighting solutions is driving the growth of 
thin-film encapsulation market for materials
OLED
 displays accounted for the largest share of the thin-film encapsulation
 market for materials, in terms of value, in 2017. Samsung SDI and LG 
Chem develop thin-film encapsulation materials for flexible OLED 
displays. These companies are also working with thin-film encapsulation 
equipment suppliers, such as Kateeva and Applied Materials. The 
thin-film encapsulation market for materials in OLED lighting 
applications is expected to grow at the highest CAGR of 31.8% during the
 forecast period.
APAC is expected to hold the largest market share between 2018 and 2023
APAC
 accounted for the largest share of the thin-film encapsulation market 
for materials in 2017. Major display panel and brand product 
manufacturers are based in China, Japan, Taiwan, South Korea, and Hong 
Kong. South Korea witnessed the highest demand for thin-film 
encapsulation materials in 2017 owing to presence of industry leaders 
such as Samsung and LG Display in the country. Further, the demand for 
thin-film encapsulation materials from China is expected to increase 
rapidly during 2018–2023 as various Chinese players, such as BOE 
Technology and CSOT, are planning to construct facilities to manufacture
 flexible OLED panels.
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Contact:
Mr. Sanjay Gupta
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
newsletter@marketsandmarkets.com