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.
Organic electronics refers to the utilisation of organic molecules and particular kinds of polymers that have the ability to conduct electricity in the creation of semiconductors, electricity-conducting circuits, and electronic gadgets.
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2017-2021 Organic Electronics Market Demand Outlook Compared to 2022-2032 Forecast
Between 2022 and 2032, the organic electronics industry is projected to grow at a CAGR of 29.9%.
The market for organic electronics is growing as a result of developments in organic and polymer chemistry. Although the market is still in its early stages and will take some time to mature, it will definitely grow as applications in consumer electronics and healthcare emerge.
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
- Healthcare & Medical
- Military & Defence
- Industrial Automation
- Consumer Electronics
- 3D Printing
- Logic & Memory
- OLED & LED Lighting
- Solar Cell & Batteries
- Sensors & Actuators
- Power Sources
- Others (Transistors, RFID etc.)
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