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Organic electronics materials promise $15.8B market

Posted: 20 Dec 2007 ?? ?Print Version ?Bookmark and Share

Keywords:carbon nanotubes? OLED? organic electronics material?

The market for organic electronics materials will hit $15.8 billion in 2015, according to industry analyst NanoMarkets in its report, "Organic Harvest: Opportunities in Organic Electronic Materials."

By 2015, NanoMarkets estimates that 80 percent of organic electronics materials will be sold into three applications: RFID, display backplanes and OLED lighting and displays. The firm said that RFID would be the largest application accounting for $6.9 billion in materials sales, with today's dominant applicationOLEDs accounting for $5.6 billion. NanoMarkets forecast RFID to overtake OLEDs as the largest consumer of organic electronics materials by 2012.

Today's organic semiconductor materials are inadequate for the opportunity that lies ahead, said NanoMarkets. Besides their limits on performance, many of them are only available in small quantities. However, the market analyst believes that new organic semiconductor materials such as rubrene and hybrid materials including formulations with carbon nanotubes are going to enable the market to achieve $4.9 billion in revenues by 2015 as needed improvements in electron mobilities, switching speeds and environmental stability are attained.

To be successful, organic electronics will have to emulate the traditional semiconductor industry and invent an organic version of CMOS with its own stable materials sets. To achieve this, materials companies must offer commercial quantities of n-type semiconductors and organic dielectrics.

The substrate business will grow to $6.9 billion in sales by 2015 with majority of these substrates of the flexible type and specially prepared for organic electronics through novel forms of barrier coatings and reduced surface roughness.

As the organic electronics industry starts to ship devices in quantity, material suppliers will have to adjust their formulations for their offerings to work in large-scale manufacturing plants. These plants seem more likely to use versions of traditional evaporation, coating and flexo printing, over its ink-jet approach counterpart. Suppliers must meet the specialized requirements for viscosity and volatility that the emerging organic electronics industry will require.

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