Organic Electronics Market Growth with Worldwide Industry Analysis to 2020

Organic electronics is a branch of electronics that deals with design, formulation and application of organic materials that possess electrical properties. The organic materials used are basically organic compoundsthat exhibit considerable electrical properties like conductivity.These materials are made up of tiny molecules or carbon-based polymers, hence also called polymer electronics or plastic electronics. Organic electronics offer the benefit of low-cost manufacturing as compared to conventional inorganic electronics. Organic electronics is environment-friendly and offers better resource utilization.

The different types of materials used in the manufacture of organic electronics include polymers, nanotubes, graphenes, carbon-based molecular structures, and hybrid materials. A commonly known application of organic materials is organic light-emitting diode (OLED), which is widely used in smartphones. Organic solar cells, television displays, and transistors are the other applications of organic electronics.Out of all these segments, organic displays contributethe highest revenue for the organic electronics market. Advantages of organic electronics are - they can be processed in room temperature unlike silicon, which requires temperatures above 1000°C. It can be produced in bulk and at low cost unlike the currently used expensive electronics. Organic electronic materials are flexible, brighter and consumes less power. On the other hand, its disadvantages include- water can damage it, high cost on research &development activity, low electrical conductivity and less life as compared to metallic conductors.

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Some of the underlying drivers of the market include the rising disposable income of end-users anda preference for high-quality products, increasing investments of major companies in the organic electronics segment, competition among suppliers for product...