UBI Research says that it expects the total shipments of OLED emitting materials to reach 131 tons in 2024. The market will grow to 177 tons by 2028, a CAGR of 7.9%. In terms of revenues, the market will grow from $2.4 billion in 2024 to $2.7 billion in 2028.
UBI says that demand for OLED displays is on the rise, fueled by increased adoption in entry-level phones and IT products.