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The Global OLED Luminescent Materials Market was valued at USD 1.72 billion in 2023 and is projected to reach USD 3.28 billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 9.8% during the forecast period (2024-2030). This expansion is driven by rising demand for high-performance displays in smartphones and TVs, adoption of flexible OLED screens, and technological advancements in organic light-emitting materials.

As the display industry shifts from traditional LCD to more efficient OLED technology, luminescent materials have become crucial components enabling superior visual quality and energy efficiency. This report profiles the Top 10 Companies in the OLED Luminescent Materials Industry—the key innovators shaping the future of display technologies through material science breakthroughs.

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🔟 1. Universal Display Corporation (UDC)

Headquarters: Ewing, New Jersey, USA
Key Offering: PHOLED phosphorescent materials

UDC dominates the OLED materials sector with its patented Phosphorescent OLED (PHOLED) technology, holding over 5,000 patents worldwide that cover most commercial OLED displays.

Technology Leadership:

• World’s leading supplier of red and green phosphorescent emitters
• Exclusive licensee of foundational OLED IP from Princeton/Kodak
• Materials used in 90% of commercial OLED displays globally

Download FREE Sample Report: https://www.24chemicalresearch.com/download-sample/277024/global-oled-luminescent-materials-market-2024-713

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9️⃣ 2. Samsung SDI

Headquarters: Seoul, South Korea
Key Offering: Blue emissive materials

The materials division of Samsung dominates OLED display production, supplying Samsung Display with proprietary emitter compounds for its industry-leading smartphone screens.

Technology Leadership:

• Vertically integrated from materials to finished displays
• Developed breakthrough blue emitter materials with superior lifespan
• Supplies 70% of global small/medium OLED panel market

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8️⃣ 3. Merck KGaA

Headquarters: Darmstadt, Germany
Key Offering: Host and dopant materials

Merck’s Performance Materials division offers one of the most comprehensive OLED material portfolios, serving display manufacturers worldwide with high-purity organic compounds.

Technology Leadership:

• 200+ OLED material compounds in commercial production
• Leading position in thermally activated delayed fluorescence (TADF) materials
• Strong R&D focus on next-generation emitter systems

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7️⃣ 4. Idemitsu Kosan

Headquarters: Tokyo, Japan
Key Offering: Blue fluorescent materials

A pioneer in OLED materials since the early 2000s, Idemitsu Kosan developed the first commercial blue OLED emitter and continues to innovate in fluorescent systems.

Technology Leadership:

• Original developer of commercial blue OLED materials
• Strategic partnerships with Japanese display makers
• Specializes in high-efficiency fluorescent systems

Download FREE Sample Report: https://www.24chemicalresearch.com/download-sample/277024/global-oled-luminescent-materials-market-2024-713

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6️⃣ 5. Dow Chemical Company

Headquarters: Midland, Michigan, USA
Key Offering: Solution-processable materials

Dow’s Electronic Materials division develops innovative OLED materials leveraging its expertise in polymer chemistry and printable electronics.

Technology Leadership:

• Leading supplier of inkjet-printable OLED materials
• Enables economical OLED manufacturing processes
• Specializes in organic semiconductor materials

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5️⃣ 6. Nippon Steel Chemical & Material

Headquarters: Tokyo, Japan
Key Offering: OLED intermediate materials

Nippon Steel provides crucial chemical precursors and high-purity compounds used in OLED material synthesis by major display manufacturers.

Technology Leadership:

• Vertically integrated chemical production
• Specializes in ultra-pure aromatic compounds
• Strategic supplier to Asian OLED makers

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4️⃣ 7. LG Chem

Headquarters: Seoul, South Korea
Key Offering: Charge transport materials

LG Chem develops specialized OLED materials primarily for LG Display, focusing on compounds that enable large-format OLED TV production.

Technology Leadership:

• Leading supplier of electron/hole transport materials
• Materials optimized for OLED TV applications
• Vertical integration with LG Display

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3️⃣ 8. Kyulux

Headquarters: Fukuoka, Japan
Key Offering: Hyperfluorescence materials

Kyulux is commercializing third-generation TADF OLED materials that challenge phosphorescent dominance while avoiding expensive heavy metals.

Technology Leadership:

• Breakthrough hyperfluorescence system
• Backed by Samsung Ventures and JOLED
• Potential to disrupt existing emitter technology

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2️⃣ 9. Duksan Neolux

Headquarters: Daejeon, South Korea
Key Offering: Host and dopant materials

Duksan Neolux has emerged as a key Korean supplier of OLED materials, benefiting from localization trends in Asia’s display industry.

Technology Leadership:

• Strategic partnerships with Korean display makers
• Cost-efficient alternative to imported materials
• Growing market share in premium OLED materials

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1️⃣ 10. JNC Corporation

Headquarters: Tokyo, Japan
Key Offering: High-efficiency emissive materials

JNC develops specialized OLED materials leveraging decades of experience in precision organic synthesis and liquid crystal technologies.

Technology Leadership:

• Advanced emitter materials for high-resolution displays
• Extensive expertise in organic electronic materials
• Strategic supplier to Japanese display industry

Get Full Report Here: https://www.24chemicalresearch.com/reports/277024/global-oled-luminescent-materials-market-2024-713

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🌍 Outlook: The Future of OLED Luminescent Materials

The OLED materials market is undergoing significant transformation as new technologies emerge to address key technical challenges in display performance and manufacturing efficiency.

📈 Key Industry Trends:

• Breakthroughs in blue emitter longevity (>30,000 hours operational life)
• Development of hybrid emitter systems combining fluorescence and TADF
• Material innovations enabling foldable and stretchable displays
• Increasing localization of supply chains in Korea and China

Get Full Report Here: https://www.24chemicalresearch.com/reports/277024/global-oled-luminescent-materials-market-2024-713

These leading materials companies are not just component suppliers—they are enabling the next generation of display technologies that will transform how we interact with visual information.