OREANDA-NEWS. Today, high tech products rely on organic semiconductors owing to the competitiveness and technologically advanced nature of these materials. To improve the performance and process-ability of conducting molecular systems and polymers, organic semiconductors are widely used. Thus, organic electronics hold immense potential in the area of electronic circuits. Moreover, they are extensively used in display technologies. Due to their use in OLED displays and lightings, the global market for organic electronics is expected to witness strong growth in the coming years. According to a research report by Transparency Market Research (TMR), the global organic electronics market is likely to expand at a stupendous CAGR of 32.60% between 2012 and 2018.

Q. What are the applications of organic electronics that will help drive the market?

Organic electronics are used in organic lighting, logic and memory, displays, printed batteries, organic radio frequency identification tags (RIFD), and organic photovoltaics. The OLED technology, which is a part of a broader field of organic electronics, is extensively being used in mobile phones and signage, thus driving the global organic electronics market. The growing support towards green products has caused a high demand for OLED TVs and displays, thus increasing the demand for organic electronics.

Q. What are the recent developments in the organic electronics market?

Players in the organic electronics industry are investing considerably in R&D activities and launching newer products to earn profits. For instance, FUJIFILM Dimatix has recently launched Dimatrix materials cartridge, which can deposit features as small as 20 μm to fabricate organic thin film transistors.

The National Science Foundation (NSF) started a new project in July 2016 to assess how organic semiconductor research can boost electronics. The project aims at developing organic semiconductor materials for the solar industry.