OLED encapsulation materials market to grow 16% CAGR by 2021, says IHS

The popularity of organic light-emitting diode (OLED) TVs and smartphones has boosted not only the OLED display market but also the OLED encapsulation materials market. According to IHS Markit, the OLED encapsulation materials market is expected to grow 4.7% from a year ago to US$117 million in 2017.