Hole Transport Layer Material Market - Forecast(2024 - 2030)
Hole Transport Layer Material Market size is forecast to reach $110.70 billion by 2025, after growing at a CAGR of 10.8% during 2020-2025. Hole transport layer material is a layer that possesses high electron affinity and high electron mobility. These types of materials are used to optimize both the performance and the stability of electronic devices. The hole transport layer forms a high-quality film that is not soluble in the solvent used for the emitting polymer.
Report Coverage
The report: “Hole Transport Layer Material Market – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Hole Transport Layer Material Market Industry.
By Type: Organic Material and Inorganic Material.
By End-User: Electronic Component, Semiconductor and Others.
By Geography: North America, South America, Europe, APAC, and RoW.
Key Takeaways
- Asia-Pacific is expected to dominate the global hole transport layer material market during the forecast period.
- By application, semiconductor is expected to witness the highest demand for hole transport layer material market during the forecast period.
- Hole transport layer material is widely used in both organic photovoltaics and OLED, with slightly functions different.
By Type - Segment Analysis
Inorganic segment held a significant share in hole transport layer material market in 2019. The hole transport layer (HTL) material is a key component of the perovskite solar cells (PSCs) that must be optimized to reach high efficiency. Inorganic hole transporters such as Cu2O, NiO, CuI, CuO, CuGaO2, CuCrO2, MoOx (as an interlayer), VOx and WOx are inexpensive, abundant, non-toxic and energy non-intensive. Since efficiency and stability are both essential in photovoltaics, these inorganic hole transport layer materials provide affordable stability. Organic based hole transport layer materials can be easily synthesized with high yield and high purity and can be reproduced for industrial production.
By Application - Segment Analysis
Semiconductor segment held a significant share in hole transport later material market in 2019, growing at a CAGR of 11.12% during the forecast period. Inorganic p-type semiconductors are alternative hole transport layer materials due to their chemical stability, high transparency, higher mobility in the visible region, and applicable valence band (VB) energy level. Because of the poor hole transport characteristics, control of doping in the active region can help make recombination more uniform across all quantum wells. Most of the hole transport layer materials used in perovskite solar cell (PSCs) are organic semiconductors mainly due to their milder processing conditions compatible with perovskites.
For the constant demand for high-efficiency and long-lifetime OLEDs, the development of high-performance organic electroluminescence materials is of prime concern. In particular, the initial charge separation, i.e. the charge injection, is an ultrafast, efficient process. However, to obtain the fairly high optical density that is required for effective solar energy conversion, it is necessary to use the high surface area of semiconductor electrodes.
Geography- Segment Analysis
Asia Pacific dominated the hole transport layer material market with a share of more than 40%, followed by North America and Europe. This is primarily because of higher demand from the electronics sector due to a growing population. LED lighting market has huge growth opportunity in the emerging markets of Asia Pacific due to tremendous demand from residential application segment. The design and synthesis of a novel series of hole-transporting, electron-transporting, host and emitter materials have enabled OLEDs with remarkable operating characteristics. These are used to optimize the performance of electronic devices. Furthermore, countries such as India and Japan have also been contributing to the growth of the hole transport layer material market. Overall, the demand for hole transport layer material is expected to increase in the during the forecast period.
Due to COVID-19 pandemic, the production facilities of the electronics parts have been halted owing to the logistics slowdown and unavailability of the workforce across the globe. The shutdown of retail shops and showrooms of major brands, supermarkets, and hypermarkets for a definite period of time is further anticipated to affect the sales of various electronics products, which in turn affects the hole transport layer material market.
Drivers – Hole Transport Layer Material Market
- Increasing demand from LED’s and semiconductors
The growth of the global hole transport layer market is driven by increase in demand from light-emitting diodes & semiconductors. LED offers a very high efficiency compared to traditional lamps and higher lighting quality compared to fluorescent lighting in the non-residential sector. The components of an LED and the way that they generate light significantly extend the lifespan of these bulbs which in turn increases the demand for hole transport layer materials. Increase in research activities for the development of several applications such use hole transport material in solar cells with high photoelectric conversion efficiency is expected to provide growth opportunities for the industry players.
Challenges – Hole Transport Layer Material Market
- High Cost
LEDs are more expensive (price per lumen) on an initial capital cost basis, than most conventional lighting technologies. They are temperature dependent and hence their performance largely depends on the ambient temperature of the operating environment. Hole transport layer materials have increased device complexity and cost which is expected to hinder the market growth.
Market Landscape
Technology launches, acquisitions and R&D activities are key strategies adopted by players in the hole transport layer material market. In 2019, the market of hole transport layer material market has been consolidated by the top five players accounting for xx% of the share. Major players in the hole transport layer material market are Hodogaya, TCI Europe N.V., Mayfran GmbH, Borun New Material Technology Co. Ltd., Dyenamo, E I DuPont de Nemours and Co., Novaled, Dyesol, Merck and CMT Vatteroni among others.
1. Hole Transport Layer Material Market - Overview
1.1 Definitions and Scope
2. Hole Transport Layer Material Market - Executive summary
2.1 Market Revenue, Market Size and Key Trends by Company
2.2 Key Trends by type of Application
2.3 Key Trends segmented by Geography
3. Hole Transport Layer Material Market
3.1 Comparative analysis
3.1.1 Product Benchmarking - Top 10 companies
3.1.2 Top 5 Financials Analysis
3.1.3 Market Value split by Top 10 companies
3.1.4 Patent Analysis - Top 10 companies
3.1.5 Pricing Analysis
4. Hole Transport Layer Material Market - Startup companies Scenario Premium
4.1 Top 10 startup company Analysis by
4.1.1 Investment
4.1.2 Revenue
4.1.3 Market Shares
4.1.4 Market Size and Application Analysis
4.1.5 Venture Capital and Funding Scenario
5. Hole Transport Layer Material Market - Industry Market Entry Scenario Premium
5.1 Regulatory Framework Overview
5.2 New Business and Ease of Doing business index
5.3 Case studies of successful ventures
5.4 Customer Analysis - Top 10 companies
6. Hole Transport Layer Material Market Forces
6.1 Drivers
6.2 Constraints
6.3 Challenges
6.4 Porters five force model
6.4.1 Bargaining power of suppliers
6.4.2 Bargaining powers of customers
6.4.3 Threat of new entrants
6.4.4 Rivalry among existing players
6.4.5 Threat of substitutes
7. Hole Transport Layer Material Market -Strategic analysis
7.1 Value chain analysis
7.2 Opportunities analysis
7.3 Product life cycle
7.4 Suppliers and distributors Market Share
8. Hole Transport Layer Material Market - By Type (Market Size -$Million / $Billion)
1.1 Definitions and Scope
2. Hole Transport Layer Material Market - Executive summary
2.1 Market Revenue, Market Size and Key Trends by Company
2.2 Key Trends by type of Application
2.3 Key Trends segmented by Geography
3. Hole Transport Layer Material Market
3.1 Comparative analysis
3.1.1 Product Benchmarking - Top 10 companies
3.1.2 Top 5 Financials Analysis
3.1.3 Market Value split by Top 10 companies
3.1.4 Patent Analysis - Top 10 companies
3.1.5 Pricing Analysis
4. Hole Transport Layer Material Market - Startup companies Scenario Premium
4.1 Top 10 startup company Analysis by
4.1.1 Investment
4.1.2 Revenue
4.1.3 Market Shares
4.1.4 Market Size and Application Analysis
4.1.5 Venture Capital and Funding Scenario
5. Hole Transport Layer Material Market - Industry Market Entry Scenario Premium
5.1 Regulatory Framework Overview
5.2 New Business and Ease of Doing business index
5.3 Case studies of successful ventures
5.4 Customer Analysis - Top 10 companies
6. Hole Transport Layer Material Market Forces
6.1 Drivers
6.2 Constraints
6.3 Challenges
6.4 Porters five force model
6.4.1 Bargaining power of suppliers
6.4.2 Bargaining powers of customers
6.4.3 Threat of new entrants
6.4.4 Rivalry among existing players
6.4.5 Threat of substitutes
7. Hole Transport Layer Material Market -Strategic analysis
7.1 Value chain analysis
7.2 Opportunities analysis
7.3 Product life cycle
7.4 Suppliers and distributors Market Share
8. Hole Transport Layer Material Market - By Type (Market Size -$Million / $Billion)
8.1 Organic Material
8.2 Inorganic Material
9. Hole Transport Layer Material - By Application (Market Size -$Million / $Billion)
9.1 Segment type Size and Market Share Analysis
9.2 Application Revenue and Trends by type of Application
9.3 Application Segment Analysis by Type
9.3.1 Electronic Component
9.3.2 Semiconductor
10. Hole Transport Layer Material- By Geography (Market Size -$Million / $Billion)
10.1 Hole Transport Layer Material Market - North America Segment Research
10.2 North America Market Research (Million / $Billion)
10.2.1 Segment type Size and Market Size Analysis
10.2.2 Revenue and Trends
10.2.3 Application Revenue and Trends by type of Application
10.2.4 Company Revenue and Product Analysis
10.2.5 North America Product type and Application Market Size
10.2.5.1 U.S
10.2.5.2 Canada
10.2.5.3 Mexico
10.2.5.4 Rest of North America
10.3 Hole Transport Layer Material- South America Segment Research
10.4 South America Market Research (Market Size -$Million / $Billion)
10.4.1 Segment type Size and Market Size Analysis
10.4.2 Revenue and Trends
10.4.3 Application Revenue and Trends by type of Application
10.4.4 Company Revenue and Product Analysis
10.4.5 South America Product type and Application Market Size
10.4.5.1 Brazil
10.4.5.2 Venezuela
10.4.5.3 Argentina
10.4.5.4 Ecuador
10.4.5.5 Peru
10.4.5.6 Colombia
10.4.5.7 Costa Rica
10.4.5.8 Rest of South America
10.5 Hole Transport Layer Material- Europe Segment Research
10.6 Europe Market Research (Market Size -$Million / $Billion)
10.6.1 Segment type Size and Market Size Analysis
10.6.2 Revenue and Trends
10.6.3 Application Revenue and Trends by type of Application
10.6.4 Company Revenue and Product Analysis
10.6.5 Europe Segment Product type and Application Market Size
10.6.5.1 U.K
10.6.5.2 Germany
10.6.5.3 Italy
10.6.5.4 France
10.6.5.5 Netherlands
10.6.5.6 Belgium
10.6.5.7 Denmark
10.6.5.8 Spain
10.6.5.9 Rest of Europe
10.7 Hole Transport Layer Material - APAC Segment Research
10.8 APAC Market Research (Market Size -$Million / $Billion)
10.8.1 Segment type Size and Market Size Analysis
10.8.2 Revenue and Trends
10.8.3 Application Revenue and Trends by type of Application
10.8.4 Company Revenue and Product Analysis
10.8.5 APAC Segment - Product type and Application Market Size
10.8.5.1 China
10.8.5.2 Australia
10.8.5.3 Japan
10.8.5.4 South Korea
10.8.5.5 India
10.8.5.6 Taiwan
10.8.5.7 Malaysia
10.8.5.8 Hong kong
10.8.5.9 Rest of APAC
10.9 Hole Transport Layer Material - Middle East Segment and Africa Segment Research
10.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
10.10.1 Segment type Size and Market Size Analysis
10.10.2 Revenue and Trend Analysis
10.10.3 Application Revenue and Trends by type of Application
10.10.4 Company Revenue and Product Analysis
10.10.5 Middle East Segment Product type and Application Market Size
10.10.5.1 Israel
10.10.5.2 Saudi Arabia
10.10.5.3 UAE
10.10.6 Africa Segment Analysis
10.10.6.1 South Africa
10.10.6.2 Rest of Middle East & Africa
11. Hole Transport Layer Material Market - Entropy
11.1 New product launches
11.2 M&A s, collaborations, JVs and partnerships
12. Hole Transport Layer Material Market - Industry / Segment Competition landscape Premium
12.1 Market Share Analysis
12.1.1 Market Share by Country- Top companies
12.1.2 Market Share by Region- Top 10 companies
12.1.3 Market Share by type of Application - Top 10 companies
12.1.4 Market Share by type of Product / Product category- Top 10 companies
12.1.5 Market Share at global level - Top 10 companies
12.1.6 Best Practises for companies
13. Hole Transport Layer Material Market - Key Company List by Country Premium
14. Hole Transport Layer Material Market Company Analysis
14.1 Market Share, Company Revenue, Products, M&A, Developments
14.2 Borun New Material Technology Co Ltd
14.3 Cmt Vatteroni
14.4 Dyenamo
14.5 Dyesol
14.6 E I Dupont De Nemours And Co
14.7 Hodogaya Chemical
14.8 Mayfran Gmbh
14.9 Merck
14.10 Novaled
14.11 Tci Europe N V
14.12 Company 11
14.13 Company 12 & More
*Financials would be provided on a best efforts basis for private companies
15. Hole Transport Layer Material Market - Appendix
15.1 Abbreviations
15.2 Sources
16. Hole Transport Layer Material Market - Methodology
16.1 Research Methodology
16.1.1 Company Expert Interviews
16.1.2 Industry Databases
16.1.3 Associations
16.1.4 Company News
16.1.5 Company Annual Reports
16.1.6 Application Trends
16.1.7 New Products and Product database
16.1.8 Company Transcripts
16.1.9 R&D Trends
16.1.10 Key Opinion Leaders Interviews
16.1.11 Supply and Demand Trends
LIST OF TABLES
1.Global Global Hole Transport Layer Material Market, By Type Market 2023-2030 ($M)1.1 Organic Material Market 2023-2030 ($M) - Global Industry Research
1.2 Inorganic Material Market 2023-2030 ($M) - Global Industry Research
2.Global Global Hole Transport Layer Material Market, By Type Market 2023-2030 (Volume/Units)
2.1 Organic Material Market 2023-2030 (Volume/Units) - Global Industry Research
2.2 Inorganic Material Market 2023-2030 (Volume/Units) - Global Industry Research
3.North America Global Hole Transport Layer Material Market, By Type Market 2023-2030 ($M)
3.1 Organic Material Market 2023-2030 ($M) - Regional Industry Research
3.2 Inorganic Material Market 2023-2030 ($M) - Regional Industry Research
4.South America Global Hole Transport Layer Material Market, By Type Market 2023-2030 ($M)
4.1 Organic Material Market 2023-2030 ($M) - Regional Industry Research
4.2 Inorganic Material Market 2023-2030 ($M) - Regional Industry Research
5.Europe Global Hole Transport Layer Material Market, By Type Market 2023-2030 ($M)
5.1 Organic Material Market 2023-2030 ($M) - Regional Industry Research
5.2 Inorganic Material Market 2023-2030 ($M) - Regional Industry Research
6.APAC Global Hole Transport Layer Material Market, By Type Market 2023-2030 ($M)
6.1 Organic Material Market 2023-2030 ($M) - Regional Industry Research
6.2 Inorganic Material Market 2023-2030 ($M) - Regional Industry Research
7.MENA Global Hole Transport Layer Material Market, By Type Market 2023-2030 ($M)
7.1 Organic Material Market 2023-2030 ($M) - Regional Industry Research
7.2 Inorganic Material Market 2023-2030 ($M) - Regional Industry Research
LIST OF FIGURES
1.US Hole Transport Layer Material Market Revenue, 2023-2030 ($M)2.Canada Hole Transport Layer Material Market Revenue, 2023-2030 ($M)
3.Mexico Hole Transport Layer Material Market Revenue, 2023-2030 ($M)
4.Brazil Hole Transport Layer Material Market Revenue, 2023-2030 ($M)
5.Argentina Hole Transport Layer Material Market Revenue, 2023-2030 ($M)
6.Peru Hole Transport Layer Material Market Revenue, 2023-2030 ($M)
7.Colombia Hole Transport Layer Material Market Revenue, 2023-2030 ($M)
8.Chile Hole Transport Layer Material Market Revenue, 2023-2030 ($M)
9.Rest of South America Hole Transport Layer Material Market Revenue, 2023-2030 ($M)
10.UK Hole Transport Layer Material Market Revenue, 2023-2030 ($M)
11.Germany Hole Transport Layer Material Market Revenue, 2023-2030 ($M)
12.France Hole Transport Layer Material Market Revenue, 2023-2030 ($M)
13.Italy Hole Transport Layer Material Market Revenue, 2023-2030 ($M)
14.Spain Hole Transport Layer Material Market Revenue, 2023-2030 ($M)
15.Rest of Europe Hole Transport Layer Material Market Revenue, 2023-2030 ($M)
16.China Hole Transport Layer Material Market Revenue, 2023-2030 ($M)
17.India Hole Transport Layer Material Market Revenue, 2023-2030 ($M)
18.Japan Hole Transport Layer Material Market Revenue, 2023-2030 ($M)
19.South Korea Hole Transport Layer Material Market Revenue, 2023-2030 ($M)
20.South Africa Hole Transport Layer Material Market Revenue, 2023-2030 ($M)
21.North America Hole Transport Layer Material By Application
22.South America Hole Transport Layer Material By Application
23.Europe Hole Transport Layer Material By Application
24.APAC Hole Transport Layer Material By Application
25.MENA Hole Transport Layer Material By Application
26.Hodogaya Chemical, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Tci Europe N V, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Mayfran Gmbh, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Borun New Material Technology Co Ltd, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Dyenamo, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.E I Dupont De Nemours And Co, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Novaled, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Dyesol, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Merck, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.Cmt Vatteroni, Sales /Revenue, 2015-2018 ($Mn/$Bn)