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Organic Electronics: Prospects and Opportunities

Oct 15, 2014 | Chemicals & Materials | Nikhil Kaitwade

The use of organic in electronics is very evident in present techno-savvy gadgets, may it be smart watches, Samsung’s AMOLED displays Organic electronics makes use of organic materials which exhibit considerable electrical properties such as conductivity. These materials are made up of tiny molecules or carbon based polymers. The organic electronics offer benefit of low cost manufacturing when compared with conventional material electronics. The different types of materials used in manufacture of organic electronics include polymers, nanotubes, graphene; carbon based molecular structures, and hybrid materials. Commonly known application of organic materials includes organic light emitting diode (OLED) being widely used in smart-phones. Organic solar cells, television displays, and transistors are the other applications of organic electronics. Technological advancements concerning organic photovoltaic, transistor technology, organic display technology, and developments in organic polymer materials are expected to drive growth in the market.

At present the predominant applications include displays, lighting, photovoltaics, and other smart electronic systems. Constant research and development efforts are leading to development of biomedical implants and other biodegradable RFID tags. Other areas of exploration include possible application in memory devices, detectors, microlenses, batteries, photoconductors, optical fibers, and consumer packaging. Ongoing developments in consumer electronics segment especially smart-phones offer promising growth in terms of adoption of organic electronics. Some of the underlying drivers of the market include rising disposable income of end users and preference for high quality products, increasing investments of major companies into organic electronics segment, and competition among suppliers for product differentiation. Growth in consumer electronics segment especially smart phones and television is expected to provide double digit growth in the market. Some of the players identified in the marketplace are Asahi Kasei, BASF, Bayer Material Science, Evonik, DuPont, Henkel, Optomec, ITRI Taiwan, Kovio Inc., and others.