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Organic Semiconductors Market Trends

  • Report ID: GMI12351
  • Published Date: Nov 2024
  • Report Format: PDF

Organic Semiconductors Market Trends

The market is witnessing significant expansion driven by advancements in materials science and increasing demand for flexible and lightweight electronic devices. Organic semiconductors, characterized by their carbon-based molecular structures, offer advantages such as mechanical flexibility, low-cost production, and compatibility with various substrates. These features make them ideal for applications in organic light-emitting diodes (OLEDs), organic photovoltaics (OPVs), and organic field-effect transistors (OFETs), contributing to their expanding adoption across industries.
 

Organic semiconductors are more susceptible to environmental factors such as moisture, oxygen, and temperature fluctuations, which can degrade their performance over time. This inherent instability poses challenges for the long-term reliability of organic semiconductor devices, particularly in applications requiring high durability, such as outdoor displays or solar panels. The need to develop protective encapsulation techniques and more robust organic materials to overcome these limitations adds complexity and cost to the manufacturing process, slowing the widespread adoption of organic semiconductors.
 

Authors: Suraj Gujar, Saptadeep Das

Frequently Asked Questions (FAQ) :

The global organic semiconductors industry was valued at USD 127.5 billion in 2023 and is anticipated to grow at a 20.3% CAGR from 2024 to 2032, driven by continuous advancements in OLED technology.

The polymeric organic semiconductors segment is expected to reach USD 353.2 billion by 2032, fueled by their flexibility, processability, and suitability for large-area applications.

The U.S. dominated the North America organic semiconductors market in 2023, accounting for a 76.21% share, driven by advancements in flexible and lightweight electronic devices and the growing demand for sustainable materials.

Key players in the industry include BASF SE, Cambridge Display Technology Ltd., DuPont de Nemours, Inc., Eni S.p.A., Heliatek GmbH, Hodogaya Chemical Co., Ltd., Konica Minolta, Inc., LG Chem Ltd., Merck KGaA, Mitsubishi Chemical Corporation, Novaled GmbH, Polyera Corporation, Samsung SDI Co., Ltd., Sony Corporation, Sumitomo Chemical Co., Ltd., Universal Display Corporation (UDC), and BOE Technology Group Co., Ltd.

Organic Semiconductors Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 20
  • Tables & Figures: 392
  • Countries covered: 21
  • Pages: 182
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