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Thin Film Encapsulation Market 2021 Strategic Assessments - Samsung SDI, LG Chem, Universal Display Corp. (UDC), Applied Materials Inc.

12-29-2021 11:58 AM CET | Industry, Real Estate & Construction

Press release from: Market Insights Reports

The Thin Film Encapsulation Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the Thin Film Encapsulation market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the Thin Film Encapsulation market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the Thin Film Encapsulation market.

Thin Film Encapsulation (TFE) is an emerging and evolving form of technology for organic light-emitting diodes (OLED) and is expected to grow at a CAGR of 14.8% during the forecast period 2021-2026. 

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Top Leading Companies of Thin Film Encapsulation Market are - Samsung SDI, LG Chem, Universal Display Corp. (UDC), Applied Materials Inc., Veeco Instruments Inc., 3M, Toray Industries Inc., Kateeva, BASF (Rolic) AG, Meyer Burger Technology Limited, AMS Technologies, Bystronic Glass, Aixtron SE, Angstrom Engineering Inc., Lotus Applied Technology, Beneq Inc. and others.

Industry News and Updates:

- March 2019 - Beneq launched new ALD coatings for anti-corrosion application as conventional metal oxide is not thin enough to protect against fluorine. The company is offering a single layer or a multilayer or mixed material specifically for improving anti-corrosive properties.

- June 2018 - To accelerate chip performance, Applied Materials, Inc. announced a major breakthrough within material engineering in this big data & AI era. This will enable the company to increase performance by up to 15%. Applied Material’s integrated material solution combines CVD, PVD & ALD on the endura platform which will enable the customer to speed the adoption of cobalt. This will also accelerate the growth of the company in big data and AI era. Such upgradation in this high growth market will help the company to sustain in the upcoming era of artificial intelligence.

Key Market Trends:

Flexible OLED Display Segment is Poised to Register the Highest Growth Rate in the Thin Film Encapsulation Market

- The Flexible organic light-emitting diode (OLED) will be the most advanced display technology to buyers and industries in the near future. Thin-film encapsulation (TFE) technology is the most utmost demanding necessity to prevent water and oxygen penetration into flexible OLED devices. As a polymer substrate does not offer the identical barrier performance as glass, the TFE development on both the bottom and top side of the device layers for adequate lifetimes.
- With excellent display quality such as perfect video capability, vivid full color, and thin form factor, AMOLED (active-matrix organic light-emitting diode) is making its progress into OLED TV (television), mobile devices and smartwatches are poised to access into consumer markets in the near future. AMOLED on flexible substrates would be considered as the ultimate display because of its ruggedness and versatility. 

Asia-Pacific Expected to Witness the Highest Growth Rate

- Asia-Pacific accounted for the most notable market share in the thin-film encapsulation market. The growth of the regional market can be associated with the progression of electronics and semiconductor industries, mainly in China. The deep-rooted electronics manufacturing bases in South Korea, China, and Taiwan led to an enhanced demand for thin film encapsulation technologies.
- Moreover, in a region, which has a bunch restrictive regulatory policies on FDI across the industries, according to the Economic Outlook for Southeast Asia, China, and India 2018: Fostering Growth through Digitalisation report by OECD 2018, the electronics-manufacturing area is more open to FDI, compared with the national averages for all the sectors merged. Government policies have supported the establishment of the dynamic electronics industry in the area.

Investigator Observers Strong Growth in Specific Regions:

– Europe Market (Germany, UK, France, Russia, Italy)

– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)

– South America Market (Brazil, Argentina, Colombia)

– North America Market (United States, Canada, Mexico)

– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).

The Latest Industry Data Included in this Report:
- Thin Film Encapsulation Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Thin Film Encapsulation Market (%),2016 - 2026
- Thin Film Encapsulation Market Share, By Brand
- Thin Film Encapsulation Market Share, By Company
- Thin Film Encapsulation Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Thin Film Encapsulation Market Value Analysis & Forecast
- Promising Thin Film Encapsulation Development by Major Companies
- Detailed Thin Film Encapsulation Portfolio of the Major Companies
- Major Deals in the Thin Film Encapsulation Market
- Major Companies Analysis

Browse Full Report at:

https://www.marketinsightsreports.com/reports/02082592830/thin-film-encapsulation-market-growth-trends-covid-19-impact-and-forecasts-2021-2026?Mode=namita

We Offer Customization on Report Based on Specific Client Requirement:

- Country Level analysis for any 5 countries of your choice.

- Competitive analysis of any 5 key market players.

- 40 analyst hours to cover any other data point.

Contact Us:
Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com

About Us:

MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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