Don’t Say There Aren’t Opportunities In Chemicals

Here’s a staggering number. According to a new report from the market research group IdTechEx, the market for printed and thin firm electronics will increase from $1.9 billion this year to $55.1 billion by 2020. That is a compound average growth rate of 40% annually. The study’s authors, Raghu Das and Peter Harrop, CEO and chairman of IdTechEx, respectively, say 43% of today’s market consists of organic electronic applications like organic light emitting diodes. OLED's, along with e-paper and photovoltaics will initially make up most of the growth and then Das and Harrop expect batteries, sensors, and transistors to catch on.

Author: Alex Tullo

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2 Comments

  1. So these “opportunities” you’re making out to be so savory, they’re all for Americans, right? No chance any of these companies outsource the jobs to China or India like the pharma companies, right?

    I’d be interested in what the thousands of unemployed chemists and engineers have to say about this explosive growth you’re claiming.

  2. jbone: A rising tide lifts all boats. The unemployed chemists and engineers are better off if there is growth rather than no growth at all.