Global Thin-Film Encapsulation (TFE) Market to Reach $242.4 Million by 2030
The global market for Thin-Film Encapsulation (TFE) estimated at US$41 Million in the year 2022, is projected to reach a revised size of US$242.4 Million by 2030, growing at a CAGR of 24.9% over the analysis period 2022-2030. Flexible OLED Display, one of the segments analyzed in the report, is projected to record 27.2% CAGR and reach US$120.3 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Flexible OLED Lighting segment is readjusted to a revised 22.5% CAGR for the next 8-year period.
The U.S. Market is Estimated at $12.3 Million, While China is Forecast to Grow at 23.4% CAGR
The Thin-Film Encapsulation (TFE) market in the U.S. is estimated at US$12.3 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$39.6 Million by the year 2030 trailing a CAGR of 23.4% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 22.7% and 20.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 17% CAGR.Select Competitors (Total 41 Featured) -
- 3M Company
- Aixtron SE
- AMS Technologies AG
- Angstrom Engineering
- Applied Materials, Inc.
- Beneq Oy
- Bystronic Glass
- Encapsulix SAS
- Kateeva
- LG Chem Ltd.
- Lotus Applied Technology
- Meyer Burger Technology Ltd.
- Samsung SDI Co., Ltd
- Toray Industries, Inc.
- Universal Display Corporation
- Veeco Instruments Inc.
- Vitriflex, Inc.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERSIV. COMPETITION
1. MARKET OVERVIEW
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- 3M Company
- Aixtron SE
- AMS Technologies AG
- Angstrom Engineering
- Applied Materials, Inc.
- Beneq Oy
- Bystronic Glass
- Encapsulix SAS
- Kateeva
- LG Chem Ltd.
- Lotus Applied Technology
- Meyer Burger Technology Ltd.
- Samsung SDI Co., Ltd
- Toray Industries, Inc.
- Universal Display Corporation
- Veeco Instruments Inc.
- Vitriflex, Inc.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 244 |
| Published | April 2024 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 41 Million |
| Forecasted Market Value ( USD | $ 242.4 Million |
| Compound Annual Growth Rate | 24.9% |
| Regions Covered | Global |
