The combined revenue of OLED emitting materials companies in 2025 is estimated to have reached USD 2.277 billion. This represents a 7.1% increase from the previous year, driven by the expanding adoption of OLED in major applications such as smartphones, IT devices, and automotive displays, which in turn increased demand for OLED emitting materials. By company, UDC, Qnity, LG Chem, Samsung SDI, Merck, Idemitsu Kosan, SFC, and Solus were among the major revenue-generating suppliers. Global materials companies continue to account for a large share of the market, particularly in phosphorescent materials, common layer materials, and high-efficiency materials. At the same time, the market share of Chinese OLED emitting materials companies is also increasing alongside the expansion of OLED production by Chinese panel makers. UBI Research expects the growth rate of the OLED emitting materials market in 2026 to slow compared with 2025. Rising semiconductor prices and cost pressure on major set products are likely to affect panel shipments, raising the possibility that OLED panel shipments may decline from 2025 levels or remain limited in growth. As a result, total revenue for OLED emitting materials companies is expected to remain at a level similar to 2025 or decline slightly. The market adjustment in 2026 could have a negative impact on Chinese OLED panel makers. Chinese panel makers have rapidly expanded their share in the smartphone OLED market, but if panel price declines and shipment reductions occur simultaneously, they may face greater pressure in terms of profitability and fab utilization rates. Accordingly, sales of Chinese OLED emitting materials companies that supply Chinese panel makers are also expected to decline. Chinese OLED emitting materials companies currently account for approximately 15% of total market revenue. Although they may be affected by short-term market adjustments, these companies are strengthening their technological competitiveness based on close supply chain relationships with Chinese panel makers. In addition, some Chinese materials companies are seeking to enter the supply chains of Korean panel makers and diversify their customer bases. As a result, their market share is expected to increase over the mid- to long term. UBI Research’s newly published “2026 OLED Emitting Materials Report” summarizes color gamut competition by OLED product and technology roadmaps by panel maker, while analyzing changes in OLED panel structures and the direction of emitting materials adoption by application. The report also covers next-generation emitting materials technologies, including blue phosphorescence, TADF, and deuteration, from the perspectives of efficiency, lifetime, and color coordinate improvement. In addition, it analyzes the development strategies of major emitting materials companies and the supply chain expansion of Chinese materials suppliers. The report includes OLED emitting materials market performance and mid- to long-term demand forecasts by country, company, and layer. It is designed to provide a comprehensive view of changes in the OLED emitting materials market through 2030 from the perspectives of products, panel makers, and materials suppliers. Junho Kim, Analyst at UBI Research (alertriot@ubiresearch.com)  2026 OLED Emitting Materials Report
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