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Thin-Film Encapsulation (TFE) Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019–2025


Thin-Film Encapsulation Market is valued at USD 25.10 Billion in 2018 and expected to reach USD 131.15 Billion by 2025 with the CAGR of 26.64 % over the forecast period.
Rising consumer demand towards flexible organic electronic devices is responsible to grow Thin-Film Encapsulation market. Thin-Film encapsulation has the potential to replace the front glass in an OLED display with a thin-film barrier. Thin film encapsulation contains alternating organic and inorganic layers which is based on multi-layer film. Thin film encapsulation is either produced using high quality inorganic layer or alternate layers. These layers act as extremely good barriers, but they are mechanically rigid and brittle. Since 20th century, several advances have been seen in thin film deposition techniques. Sensitive electrical devices need prevention against corrosion to work for last long as well as barriers provide protection for PCBs, LEDs and equipment parts against corrosion. Thin-Film Encapsulation in electronic applications have many benefits to enable flexible OLED, cost reduction by replacing glass as the substrate material resulting in a thinner and lighter display. Thin-Film Encapsulation market is segmented on the basis of deposition technologies, application and by region. Based on deposition technologies the global thin-film encapsulation market is segmented mainly into organic layers and inorganic layers. Further, organic layers are subdivided into ink jet printing and vacuum thermal evaporation. Inorganic layers are sub segmented into PECVD, ALD and others. On the basis of application, the market is segmented into flexible OLED display, flexible OLED lighting, thin-film photovoltaic and others. Moreover, flexible OLED display is sub segmented into Smartphone, Smart Wearable and Television and Signage/Large Format Display.

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