Thin-Film Encapsulation Market 2018-2025: Including Growth Factors, Applications, Regional Analysis, Key Players and Forecasts

Global Thin-Film Encapsulation Market accounted for USD 14.3 million in 2017 and is projected to grow at a CAGR of 27.2% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

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Global Thin-Film Encapsulation Market, By Deposition Technologies (Inorganic Layers {PECVD, ALD}, Organic Layers {Inkjet Printing, Vacuum Thermal Evaporation}), By Application (Flexible OLED Display {Smartphone, Smart Wearables, Television} Flexible OLED Lighting, Thin-Film Photovoltaics), By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East & Africa)– Industry Trends and Forecast to 2025

Competitive Landscape: Global Thin-Film Encapsulation Market

The global thin-film encapsulation market is consolidated due to the presence of limited number of players concentrated in few countries. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

Major Market Competitors: Global Thin-Film Encapsulation Market

  • LG Chem,
  • Applied Materials, Inc.,
  • 3M,
  • Veeco Instruments Inc.,
  • Kateeva,
  • BASF SE,
  • Meyer Burger Technology AG,
  • AMS Technologies,
  • Angstrom Engineering Inc.,
  • Lotus Applied Technology,
  • Picodeon,
  • Vitriflex
  • among others.

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Major Market Drivers and Restraints:

  • Rising demand for thin-film barrier in flexible and organic devices
  • Various advantages of thin-film encapsulation
  • Use of inkjet printing technology is in prevailing trend of thin-film encapsulation
  • Advent of flexible glass
  • Lack of unskilled staff

Market Segmentation: Global Thin-Film Encapsulation Market

  • Based on deposition technologies, the market is segmented into inorganic layers and organic layers. The inorganic layers segment is sub segmented into PECVD, ALD and others. The organic layers segment is sub segmented into inkjet printing and vacuum thermal evaporation (VTE)
  • On the basis of application, the market is segmented into flexible OLED display, flexible OLED lighting, thin-film photovoltaics and others. The flexible OLED display segmented into smartphone, smart wearables and television and signage/large format display.
  • Based on geography, the thin-film encapsulation market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.

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