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Organic electronics materials set for growth, says report

Posted: 20 Dec 2007     Print Version  Bookmark and Share

Keywords:carbon nanotubes  organic semiconductor materials 

The market for organic electronics materials will hit Rs.62,346.75 crore ($15.8 billion) in 2015, according to a industry analyst NanoMarkets in its report, "Organic Harvest: Opportunities in Organic Electronic Materials."

By 2015, NanoMarkets estimates that 80 per cent 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 Rs.27,227.38 crore ($6.9 billion) in materials sales, with today's dominant application—OLEDs accounting for Rs.22,097.58 crore ($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 Rs.19,335.39 crore ($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 Rs.27,227.38 crore 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 specialised requirements for viscosity and volatility that the emerging organic electronics industry will require.




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