Report Description
The global hole transport layer material market size is anticipated to reach USD 110.70 by 2028, expanding at a CAGR of 10.8% during the forecast period, 2021 – 2028. Growth of the market is attributed to a drastic rise in demand from LEDs and semiconductors.
Hole transport layer material is referred to as a layer that has high electron mobility and affinity, which are beneficial in optimizing the performance and stability of electronic devices. The hole transport layer produces a high-quality film that is used for various purposes in organic photovoltaics and OLEDs.
Market Trends, Drivers, Restraints, and Opportunities
- LEDs are unique lamps with high lifespan and lighting quality used specifically in the non-residential sector. This is expected to drive the market.
- Expensive and complex components of LEDs are estimated to hinder the growth of the hole transport layer material market.
- LEDs are temperature-sensitive; therefore, their performance is impacted by the ambient temperature in the working environment. This aspect is predicted to have a negative impact on the market.
- Research and development of hole transport material in solar cells with high photoelectric conversion efficiency is expected to boost the market.
Scope of the Report
The report on the global hole transport layer material market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes
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Details
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Report Title
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Hole Transport Layer Material Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2020
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Historic Data
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2018–2019
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Forecast Period
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2021–2028
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Segmentation
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Types (Organic Material and Inorganic Material) and Applications (Electronic Components, Semiconductors, and Others)
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Regional Scope
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Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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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
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Market Segment Insights:
The inorganic material segment is anticipated to expand at a rapid pace
Based on types, the global hole transport layer material market is bifurcated into organic and inorganic materials. Cu2O, NiO, CuI, CuO, CuGaO2, CuCrO2, MoOx (as an interlayer), VOx, and WOx are inorganic hole transporters that are affordable, plentiful, non-toxic, and energy-efficient. Inorganic hole transport layer material gives stability, which is important in photovoltaics. Inorganic material constitutes a major portion of the market and is projected to boost the market.
Organic material is easily synthesized with high yield and purity and is used for industrial reproduction. Inverted perovskite solar cells (PSCs) with organic monomolecular layers (MLs) as effective hole transport layers (ML-HTLs) have recently been known to improve system performance. These results were obtained individually on organic molecules and the power conversion efficiency (PCE) was less than 20%. Thus, the organic material is projected to drive the market during the forecast period.
The semiconductor segment is expected to expand at a high CAGR during the forecast period
On the basis of applications, the global hole transport layer material market is segregated into electronic components, semiconductors, and others. The semiconductor segment accounted for a large portion of the market, rising at a CAGR of 11.12% during the forecast period, owing to its chemical stability, high transparency, increased mobility, and appropriate valence band (VB) energy level. The characteristics of hole transport layer material and control of doping are essential in making the recombination uniform across all quantum levels. Organic semiconductors hold a major share of the hole transport layer materials market, owing to their mild processing conditions that are compatible with perovskites
The market in Asia Pacific accounts for a key share of the market
In terms of regions, the global hole transport layer material market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market in Asia Pacific held more than 40% of the total revenue. Growth of the market is attributed to increased demand in the electronics sector as a result of the rising population. High demand for LED lighting from the residential application category is expected to drive the market. Presence of major players in India and Japan is projected to boost the hole transport layer material market. The market in Europe is projected to expand at a rapid pace.
Segments
Segments Covered in the Report
The global hole transport layer material market has been segmented on the basis of
Types
- Organic Material
- Inorganic Material
Applications
- Electronic Components
- Semiconductors
- Others
Regions
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Companies
- Hodogaya
- TCI Europe N.V.
- Mayfran GmbH
- Borun New Material Technology Co. Ltd.
- Dyenamo
- E I DuPont de Nemours and Co.
- Novaled
- Dyesol
- Merck
- CMT Vatteroni
Competitive Landscape
Major players in the global hole transport layer material market include 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. Due to logistical delays and personnel shortages throughout the world, COVID-19 had a negative impact on the manufacture of electronic parts. The hole transport layer material market is likely to suffer if big brand retail shops and showrooms, as well as supermarkets and hypermarkets, close for a lengthy period of time.
Table Of Content
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Hole Transport Layer Material Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Hole Transport Layer Material Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Hole Transport Layer Material Market - Supply Chain
4.5. Global Hole Transport Layer Material Market Forecast
4.5.1. Hole Transport Layer Material Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Hole Transport Layer Material Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Hole Transport Layer Material Market Absolute $ Opportunity
5. Global Hole Transport Layer Material Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Hole Transport Layer Material Market Size and Volume Forecast by Types
5.3.1. Organic Material
5.3.2.
Inorganic Material
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Hole Transport Layer Material Market Analysis and Forecast by Applications
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Applications
6.2.2. Y-o-Y Growth Projections by Applications
6.3. Hole Transport Layer Material Market Size and Volume Forecast by Applications
6.3.1. Electronic Components
6.3.2.
Semiconductors
6.3.3.
Others
6.4. Absolute $ Opportunity Assessment by Applications
6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global Hole Transport Layer Material Market Analysis and Forecast by Region
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Region
7.2.2. Y-o-Y Growth Projections by Region
7.3. Hole Transport Layer Material Market Size and Volume Forecast by Region
7.3.1. North America
7.3.2. Latin America
7.3.3. Europe
7.3.4. Asia Pacific
7.3.5. Middle East and Africa (MEA)
7.4. Absolute $ Opportunity Assessment by Region
7.5. Market Attractiveness/Growth Potential Analysis by Region
7.6. Global Hole Transport Layer Material Demand Share Forecast, 2019-2026
8. North America Hole Transport Layer Material Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.2. North America Hole Transport Layer Material Market Size and Volume Forecast by Country
8.2.1. U.S.
8.2.2. Canada
8.3. Absolute $ Opportunity Assessment by Country
8.4. North America Hole Transport Layer Material Market Size and Volume Forecast by Types
8.4.1. Organic Material
8.4.2.
Inorganic Material
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. North America Hole Transport Layer Material Market Size and Volume Forecast by Applications
8.7.1. Electronic Components
8.7.2.
Semiconductors
8.7.3.
Others
8.8. Basis Point Share (BPS) Analysis by Applications
8.9. Y-o-Y Growth Projections by Applications
8.10. Market Attractiveness/Growth Potential Analysis
8.10.1. By Country
8.10.2. By Product Type
8.10.3. By Application
8.11. North America Hole Transport Layer Material Demand Share Forecast, 2019-2026
9. Latin America Hole Transport Layer Material Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Latin America Average Pricing Analysis
9.2. Latin America Hole Transport Layer Material Market Size and Volume Forecast by Country
9.2.1. Brazil
9.2.2. Mexico
9.2.3. Rest of Latin America
9.3. Absolute $ Opportunity Assessment by Country
9.4. Latin America Hole Transport Layer Material Market Size and Volume Forecast by Types
9.4.1. Organic Material
9.4.2.
Inorganic Material
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Latin America Hole Transport Layer Material Market Size and Volume Forecast by Applications
9.7.1. Electronic Components
9.7.2.
Semiconductors
9.7.3.
Others
9.8. Basis Point Share (BPS) Analysis by Applications
9.9. Y-o-Y Growth Projections by Applications
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.11. Latin America Hole Transport Layer Material Demand Share Forecast, 2019-2026
10. Europe Hole Transport Layer Material Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Europe Average Pricing Analysis
10.2. Europe Hole Transport Layer Material Market Size and Volume Forecast by Country
10.2.1. Germany
10.2.2. France
10.2.3. Italy
10.2.4. U.K.
10.2.5. Spain
10.2.6. Russia
10.2.7. Rest of Europe
10.3. Absolute $ Opportunity Assessment by Country
10.4. Europe Hole Transport Layer Material Market Size and Volume Forecast by Types
10.4.1. Organic Material
10.4.2.
Inorganic Material
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Europe Hole Transport Layer Material Market Size and Volume Forecast by Applications
10.7.1. Electronic Components
10.7.2.
Semiconductors
10.7.3.
Others
10.8. Basis Point Share (BPS) Analysis by Applications
10.9. Y-o-Y Growth Projections by Applications
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.11. Europe Hole Transport Layer Material Demand Share Forecast, 2019-2026
11. Asia Pacific Hole Transport Layer Material Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Asia Pacific Average Pricing Analysis
11.2. Asia Pacific Hole Transport Layer Material Market Size and Volume Forecast by Country
11.2.1. China
11.2.2. Japan
11.2.3. South Korea
11.2.4. India
11.2.5. Australia
11.2.6. Rest of Asia Pacific (APAC)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Asia Pacific Hole Transport Layer Material Market Size and Volume Forecast by Types
11.4.1. Organic Material
11.4.2.
Inorganic Material
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Asia Pacific Hole Transport Layer Material Market Size and Volume Forecast by Applications
11.7.1. Electronic Components
11.7.2.
Semiconductors
11.7.3.
Others
11.8. Basis Point Share (BPS) Analysis by Applications
11.9. Y-o-Y Growth Projections by Applications
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.11. Asia Pacific Hole Transport Layer Material Demand Share Forecast, 2019-2026
12. Middle East & Africa Hole Transport Layer Material Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Middle East & Africa Average Pricing Analysis
12.2. Middle East & Africa Hole Transport Layer Material Market Size and Volume Forecast by Country
12.2.1. Saudi Arabia
12.2.2. South Africa
12.2.3. UAE
12.2.4. Rest of Middle East & Africa (MEA)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Middle East & Africa Hole Transport Layer Material Market Size and Volume Forecast by Types
12.4.1. Organic Material
12.4.2.
Inorganic Material
12.5. Basis Point Share (BPS) Analysis by Types
12.6. Y-o-Y Growth Projections by Types
12.7. Middle East & Africa Hole Transport Layer Material Market Size and Volume Forecast by Applications
12.7.1. Electronic Components
12.7.2.
Semiconductors
12.7.3.
Others
12.8. Basis Point Share (BPS) Analysis by Applications
12.9. Y-o-Y Growth Projections by Applications
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.11. Middle East & Africa Hole Transport Layer Material Demand Share Forecast, 2019-2026
13. Competition Landscape
13.1. Global Hole Transport Layer Material Market: Market Share Analysis
13.2. Hole Transport Layer Material Distributors and Customers
13.3. Hole Transport Layer Material Market: Competitive Dashboard
13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
13.4.1. Hodogaya
13.4.2.
TCI Europe N.V.
13.4.3.
Mayfran GmbH
13.4.4.
Borun New Material Technology Co. Ltd.
13.4.5.
Dyenamo
13.4.6.
E I DuPont de Nemours and Co.