By the end of 2021, the organic electronics market generated US$ 96.9 billion in revenue. The organic electronics market is anticipated to develop at a CAGR of 29.9% from 2022 to 2032, reaching US$ 1,705.1 Bn.
The use of organic molecules and specific types of polymers, which have the capacity to conduct electricity, in the development of semiconductors, electricity-conducting circuits, and electronic devices is known as organic electronics.
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2017-2021 Organic Electronics Market Demand Outlook Compared to 2022-2032 Forecast
The market for organic electronics is anticipated to expand between 2022 and 2032 at a CAGR of 29.9%.
The organic electronic market is expanding as a result of advancements in polymer and organic chemistry. The market is still in its infancy and will take some time to develop, but as it finds uses in consumer electronics and healthcare, the market will undoubtedly expand.
Competitive Landscape
Companies currently developing organic electronics are chemical companies that develop organic materials like polymers and polycarbonates, which could be developed into creating organic electronic components.
- PIPV panels that can be put on both new and old roads and other surfaces were developed in September 2022 by BASF and Solar Earth Technologies Ltd. (Solar Earth). For Solar Earth’s PIPV modules, BASF developed and improved the polyurethane (PU) for outstanding wear resistance, great mechanical performance, and prolonged product life.
- Transparent antennas for Fixed Wireless Access for Customer Premises Equipment (FWA-CPE), installed on indoor window glass to improve indoor environments and develop the 5G millimetre wave band (28GHz), are being offered by AGC Inc. (AGC), a top global manufacturer of chemicals, glass, and high-tech materials, starting in March 2022. To release the antenna on the market in 2024, AGC will work to improve performance and confirm reliability.
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Organic Electronics by Category
By Material Type:
- Organic Conductor
- Organic Semiconductor
- Organic Dielectric
- Substrate
By Vertical:
- Healthcare & Medical
- Military & Defence
- Industrial Automation
- Consumer Electronics
- Others
By Application:
- 3D Printing
- Displays
- Logic & Memory
- OLED & LED Lighting
- Solar Cell & Batteries
- Sensors & Actuators
- Power Sources
- Others (Transistors, RFID etc.)
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