IHS Sees Revenue From OLED Display Materials Topping $1.8 Billion in 2018

Shipments of materials used to produce OLED displays grew 12 percent year over year in 2015, reaching 26,000 tons, IHS said in a report. With “rapid growth” expected of white OLED TV panels, shipments of materials for OLED displays are forecast to reach 100,000 tons in 2018, it said. Revenue from materials used to produce OLED displays also grew 12 percent year over year, reaching $465 million in 2015, and is expected to top $1.8 billion in 2018, it said Thursday. Revenue from white OLED materials, which made up 31 percent of the market in 2015, will account for 55 percent of the total organic light-emitting materials used to produce OLED displays in 2016, it said.