DSCC: the QD materials market to reach $100 million in 2024, will grow to $122 million by 2027

DSCC says that the demand for QD materials in the display industry is growing, and the market will grow to $100 million in 2024. It will continue to grow and reach $122 million in 2027. 

The main application is in LCD displays (color conversion), but materials used in QD-OLED's (by Samsung Display) is growing and accounts for 31% of the market (in the chart above DSCC notes QD-OLEDs as QD-CC). Production of QD-OLED panels is limited (SDC's total capacity is for around 2 million panels per year) but the material usage is large compared to QD-LCDs.


DSCC predicts that perovskite-based QDs will start capturing market share, but it will be a slow adoption. Green perovskite QDs are available now, and red perovskite materials are under development. QD-EL is another potential applications, but DSCC does not see any market introductions until 2027 at the earliest.

Posted: Mar 13,2024 by Ron Mertens