UBI research that the OLED material market reached $564 million in H1 2015. This is a 14% increase from H2 2014, but a 24% decrease from the first half of 2014.
The main reason for this, according to UBI, is that OLED production is stagnating and price of material is decreasing rapidly. The main reason for the production stagnation is Samsung Display's low utilization (which was about 50% in H1 2015) and LG's low OLED TV production volume (around 100,000 units).
The market is supposed to grow fast in the near future, though. LG is set to increase production dramatically as they aim to produce around 500,000 panels in the second half of 2015, and Samsung Display is diversifying its customer base for Super AMOLED panels. In addition, several Chinese OLED makers are starting to mass produce panels as well.
