According to the new market research report, the "Dielectric Material Market by Technology (OLED, LED, TFT-LCD, LED-LCD, Plasma, LCOS, DLP), Application (Conventional, 3D, Transparent, Flexible), Material (Metal Oxide, a-Silicon, LTPS, PET, PEN, Photonic Crystals) & by Geography - Global Forecast to 2013 - 2020" is projected to cross $50 billion by 2020, growing at a moderate CAGR from 2013 to 2020.

The last decade witnessed a well-paced transformation inthe display technology market. Displays have evolved from CRT to Plasma Display (PDP); and from PDP to LCDand LED. The latest display type is OLED. In the last quarter of 2013, the flexible display smartphones have hit the market; with tablets to follow soon after. Laptops and TVs are also expected to follow the trend of smartphones and tablets, while OLED-based televisions have also been introduced by electronics manufacturing giants such asSamsung and LG. All these developments have created demand for better and more stable materials to be used in these displays. The use of IGZO (Indium Gallium Zinc Oxide) and photonic crystals is an example.

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The characteristics and features of some of the emerging displays,such as flexible, rollable and bendable displays, are acting as the biggest drivers for the dielectric materials market. This emerging display market possesses some of the most unique distinct features such as sleekness, rollability/flexibility, and ruggedness; and thus, these displays can be utilized in most of the industries.

Market by technology – The display materials market by technology includes OLED, TFT-LCD, LCD, LED-LCD, plasma, DLP, LCoS, and the likes. The OLED materials market is expected to grow atthe highest CAGR from 2012 to 2020.

Market by material – The dielectric material market is segmented into materials, with respect to the components used in the display panels. The report describes the materials used in electrode like indium- tin-oxide (ITO), indium-gallium-zinc-oxide (IGZO) and others; materials in the substrates like a-silicon, LTPS, PEN, PET, and the likes; and the materials like liquid crystals, photonic crystals that are majorly used in LCD, LED-LCD, and TFT-LCD display panels.

Market by application – The application market is segmented into application of materials in flexible displays, transparent displays, conventional displays, 3D displays, and the likes.

Market by geography – The report discusses the dielectric material market under four geographical heads; namely North America, Europe, APAC, and ROW.

The dielectric materials market is segmented into four categories that include materials, technology, application, and geography. This report divides the overall market into four maingeographical segments, namely, North America, Europe, APAC, and ROW. APACcontributes more to the market growth ascompared to the otherregions.The demandforthe dielectric materials is mainly from APAC;most of the demand comes, from China and Japan.

The leadingcompanies in thedielectric materials market covered in the report are BASF SE (Germany), Corning Incorporated (U.S.), DuPont (U.S.), Samsung Corning Precision Materials (South Korea), SCHOTT AG (Germany), Kolon Industries (South Korea), Materion Corporation(U.S.), Honeywell Electronic Materials (U.S.),Polyera Corporation (U.S.), Merck Performance Materials (Germany),Toppan Printing Co., Ltd. (Japan) Universal Display Corporation (U.S.),and Tecnisco (Japan).

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