The global next-generation display materials market is expected to reach a market size of USD 380.03 Billion in 2028 and register a steady CAGR during the forecast period, according to latest analysis by Emergen Research. Rising demand for OLED displays, increasing disposable income among consumers, advancements in technology, and change in lifestyle are some key factors supporting market growth. Next-generation displays eliminate some major drawbacks of LCD technology. OLED is a leading technology as compared to IPS-LCD technology, and is used in almost all modern display products and devices. OLED displays consist of one layer of substrate, encapsulation technology, polarizer, electrode, emitter, and organic layer components. Glass and plastic are two major components used as substrate. Emitter and organic layers are made of organic plastic molecules that help transport electrons from cathode to produce light.

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The Global Next-Generation Display Materials Market business vertical has been extensively categorized on the basis of product type, application gamut, end-user industries, and a competitive overview. The report inspects the current market scenario, its past performance, demand and supply ratios, production and consumption rates, sales, and numerous growth opportunities available in the market.

Based on Type, the Next-Generation Display Materials Market is segmented into:

OLED

IPS-LCD

Others

Based on Application, the Next-Generation Display Materials Market is segmented into:

Smartphones

Televisions and Monitors

Smart watches

Automotive Displays

Laptops and Tablets

Others

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Based on the competitive landscape, the market report analyzes the key companies operating in the industry:

Idemitsu Kosan Co.Ltd.

Toray Industries Inc

Samsung SDI Co.

Universal Display Corp.

Novaled GmbH

Nanosys Inc.

Nanoco Group PLC

Doosan Corporation

Quantum Materials Corp.

PPG Industries Inc.

Detailed Regional Analysis covers:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

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

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

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

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Key Benefits of Buying the Global Next-Generation Display Materials Report:

The OLED segment in the global Next-Generation Display Materials materials market is expected to register a robust CAGR during forecast period. OLED technology is used in almost all advanced display devices and panels.

The market in Europe accounted for a double-digit revenue share in the global market in 2020. Key factors such as growing focus on display materials, and support for research and development by governments are key factors expected to continue to support growth of the market in the region.

 The Next-Generation Display Materials market in North America contributed to the largest share in share in 2019 due to rapid advancements in Next-Generation Display Materials, increased investments in Emergen Research, and various strategic agreements between research institutes and biotechnology firms, and increased healthcare spending, among others.

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