United States OLED Materials Market 2025 | Growth Drivers, Market Forecast, Competitive Landscape & Business Opportunities

Market Size and Growth

Global OLED Materials Market is estimated to grow at a CAGR 26.7% till 2031.

Key Development:

United States: Recent Industry Developments

✅ In September 2025, Universal Display Corporation raised its 2025 revenue guidance to $650-700 million, driven by surging demand for OLED materials in IT devices like laptops and tablets.

✅ In July 2025, Samsung Display announced a $3.1 billion investment to expand its OLED division, aiming to enhance transparent display capabilities and meet growing demand.

✅ In June 2025, LG Display unveiled a two-year investment plan of 1.26 trillion KRW to advance OLED technology, focusing on next-generation displays and automotive applications.

Japan: Recent Industry Developments

✅ In June 2025, Japan Display Inc. announced a strategic investment in OLEDWorks, a global leader in multi-stack OLED technology, to bring advanced display manufacturing to the United States.

✅ In February 2025, Idemitsu Kosan achieved full-scale production of OLED materials at its new factory in Chengdu, China, increasing its total OLED materials production capacity to 22 tons per year.

✅ In May 2025, Japan Display Inc. received the "Supplier of the Year" award from Gentex, recognizing its excellence in OLED display technology and manufacturing.

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OLED materials are organic compounds used in organic light-emitting diodes (OLEDs) to produce light when an electric current passes through them. They enable high-resolution, flexible, and energy-efficient displays for smartphones, TVs, and wearable devices, offering superior color quality, contrast, and design versatility compared to traditional display technologies.

Recent Mergers and acquisitions:

USA

✅ In March 2025, the U.S. International Trade Commission (ITC) ruled that BOE Technology had infringed upon several of Samsung Display's AMOLED patents. This decision could lead to a ban on the import of BOE's OLED panels into the U.S. for nearly 15 years, significantly impacting BOE's market presence in the region.

JAPAN

✅ In February 2025, Idemitsu Kosan achieved full-scale production of OLED materials at its new factory in Chengdu, China. This expansion increases its total OLED materials production capacity to 22 tons per year, positioning the company as a significant player in the global OLED materials market.

Key Players:

=> Sigma-Aldrich Co., Novaled GmbH, LG Chem, TCI America, Sumitomo Chemical, The Dow Chemical Company, Idemitsu Kosan Co., Ltd., Cambridge Display Technology, DuPontLtd., BASF SE, Borun Chemical Co., Merck KGaA, Ltd., Hodogaya Chemical Group, Heraeus Holding, Beijing Aglaia Technology Development Co., Universal Display and Covestro AG

Growth Forecast Projected:

The Global OLED Materials Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global OLED Materials Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Key Segments:

➥ By Type: Substrates, Anode Encapsulation, Hole Injection Layer (HIL), Hole Transport Layer (HTL), Electron Transport Layer (ETL), Emissive Layer (EML) & Cathode
➥ By Application: Smartphones for the OLED Materials Industry, Automotive, Television & Monitors, Notebooks & Tablets, Lighting & Others
➥ By End User: Industrial, Commercial & Residential

Regional Analysis for OLED Materials Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

Chapter 1: Sets the stage by outlining the report's coverage, summarizing key market segments by region, product type, and application. Presents a snapshot of market sizes, growth potential across segments, and anticipated industry evolution both short and long term.

Chapter 2: Highlights pivotal market insights and uncovers the most significant emerging trends driving change within the industry.

Chapter 3: Offers an in-depth look at the competitive landscape among OLED Materials producers, including revenue shares, strategic moves, and recent mergers and acquisitions.

Chapter 4: Presents comprehensive profiles of the market's key players, delving into details such as revenue, profit margins, product portfolios, and company milestones.

Chapters 5 & 6: Analyze OLED Materials revenue at both regional and country levels, providing quantitative breakdowns of market sizes, growth opportunities, and development prospects worldwide.

Chapter 7: Focuses on different market segments by type, examining their individual sizes and potential, guiding readers toward high-impact, untapped market areas.

Chapter 8: Explores segmentation by application, evaluating industry growth potential in various downstream markets and pinpointing promising sectors for expansion.

Chapter 9: Provides a thorough review of the industry's supply chain mapping out both upstream and downstream activities.

Chapter 10: Concludes with a summary of the report's key findings and highlights the most critical takeaways for industry stakeholders.

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FAQ

Q: What is the growth rate of the OLED Materials Market?

A: The market is projected to expand at a compound annual growth rate (CAGR) of 26.7% during the forecast period from 2024 to 2031.

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