By 2022, the OLED material market will grow at a compound annual growth rate of 24%.

（China Glass Network）

DSCC: in 2022, the OLED material market will reach $2.56 billion. According to DSCC (Display Supply Chain Consultants), in 2017, OLED material revenue increased by 43, to $869 million. The OLED material market is expected to grow at a compound annual rate of $24% by 2022, reaching $2.56 billion in 2022.

The medium and small display market accounts for 59% of the total OLED material market, which will continue until 2022. The TV market expects inkjet printing to help manufacturers reduce the cost of materials produced by OLED TVs, and OLED TV materials will grow at a rate of 23%, from $344 million in 2017 to $963 million in 2022.

DSCC believes the OLED lighting market will grow rapidly (the compound annual growth rate is 43%, but material use will remain slightly higher, reaching $69 million in 2022 (up from $11 million in 2017).

The company with a large market share of all OLED material manufacturers is Universal display, which is expected to expand its market share at a compound annual growth rate of 30%. Sales are expected to reach $600 million by 2022. ) and Merckn (Germany) will be the second and third largest suppliers, with market share of 15% and 14 in 2022, respectively.

However, DSCC does not think that TADF manufacturers Cynora (Germany) and Kyulux (Japan) can get a significant share, and the two companies are not even reported to be included in the DSCC.