December 02, 2014
Wellesley, Mass., December 2, 2014 – BCC Research (www.bccresearch.com) reveals in its new report that the increased market penetration of thin-films materials due to rising demand for portable, wearable and flexible electronics; the need for low-cost deposition processes; advancements in printing technologies; and a growing availability of nanomaterials with improved properties at reduced unit prices is projected to grow at a compound annual growth rate (CAGR) of 33.8% from 2014 to 2019, reaching global revenues of $435.7 million by 2019.
In the post-war era, the booming electronics industry has driven device miniaturization, and film fabrication processes have steadily evolved to the point of delivering increasingly thin, highly uniform, homogeneous films. Thin-film printing materials (TFPMs) currently represent a negligible share of this market (less than 1%) but their industry is predicted to rapidly surge in the near future compared to other thin-film materials. TFPMs for optoelectronic applications represent the largest share of the market with an estimated 56.6% of the total in 2014. Revenues within this segment are primarily driven by sales of TFPMs for new-generation displays, such as rigid and flexible Organic Light Emitting Diodes.
The electronics and energy sectors also account for significant shares of the market, with 21.2% and 18.6%, respectively, of the global TFPM market in 2014. The remaining applications combined currently represent a much smaller segment, with less than 5% of the total market.
“Unconventional processes derived from thick-film technologies are currently estimated to account for less than 0.5% of the total market," says BCC Research analyst Margareth Gagliardi. “Thin-film processes based on printing of nanomaterials are becoming increasingly popular, but at the present time they still represent a small share of the entire thin-film industry.”
Printing Materials for Thin Films: Technology and Global Markets provides an updated review of thin-film technologies, including subtractive and additive methods. Also, it identifies current and emerging applications for these technologies over the next five years.
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Printing Materials for Thin Films: Technology and Global Markets( AVM113A )
Publish Date: Oct 2014
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