Top Companies in the Organic Semiconductor Market | Major of Industry In-depth and Exclusive Report by Vantage market research

Organic Semiconductors are biodegradable, making them more appealing than their inorganic counterparts in terms of performance. In the healthcare industry, organic semiconductors are used to treat skin cancer.

Top Companies in the Organic Semiconductor Market | Major of Industry In-depth and Exclusive Report by Vantage market research
organic semiconductor market

MARKET OVERVIEW

The Global Organic Semiconductor Market is valued at USD 96.9 Billion in the year 2021 and is projected to reach a value of USD 317.9 Billion by the year 2028. The Global Market is forecasted to grow to exhibit a Compound Annual Growth Rate (CAGR) of 21.9% over the forecast period. Organic Semiconductors are the strongest building blocks of polymers composed of nitrogen, oxygen, and sulfur. In simple terms, they are electrical insulators, but when charged and inject, they form electrodes, over doping, and become semiconducting.

Over the past few years, it has been shown that these Organic Semiconductors reflect electrical, promising light, and optoelectrical features. This achieved better performance and made more performance. These non-metallic structures can easily be used to make energy-efficient, flexible, and durable electrical materials in future solid materials, which would not be possible with inanimate materials.

Globally, the demand for solar panels is growing rapidly, which has contributed to market growth. In addition, many manufacturing companies have begun investing in OLED products, which are also driving the market growth.

Some of the key players operating in the Organic Semiconductor Market are listed below:

Company Name

Revenue in USD

  • LG

$62 Billion

  • BASF SE

$86 Billion

  • Bayer AG

$48 Billion

  • Merck

$1 Billion

  • Samsung SDI

$9 Billion

  • Sony

$75 Billion

  • Sumitomo Corporation

$43 Billion

  • Sigma-Aldrich

<$5 Million

  • Bayer MaterialScience S.p.A

$5 Million

  • DuPont

$22 Billion

  1. LG (South Korea)

LG Corp is a major South Korean chaebol (family-run industrial conglomerate) that maintains core businesses in electronics, telecommunications, and chemicals. Also known as LG Group, it operates through nearly 70 wholly-owned, majority-owned, and minority-interest subsidiaries and affiliated companies in Korea and around the world. The most well-known is probably LG Electronics and LG Chem; LG Corp holds about a one-third ownership stake in each. LG Electronics, which makes TVs, smartphones, and home appliances, accounts for more than half of LG Corp's total sales. The company was founded in 1947 and 12 years later produced Korea's first radio.

  1. BASF SE (Germany)

BASF SE is located in Ludwigshafen am Rhein, Rhein land-Pfalz, Germany and is part of the Other Chemical Product and Preparation Manufacturing Industry. BASF SE has 109,815 total employees across all of its locations and generates $88.96 billion in sales (USD). There are 1,358 companies in the BASF SE corporate family.

  1. Bayer AG (Germany)

Bayer AG is a German multinational pharmaceutical and Life Sciences Company and one of the largest pharmaceutical companies in the world. Headquartered in Leverkusen, Bayer's areas of business include pharmaceuticals, consumer healthcare products, agricultural chemicals, seeds, and biotechnology products. The company is a component of the Euro Stoxx 50 stock market index.

  1. Merck & Co. (US)

Merck & Co., Inc. is an American multinational pharmaceutical company headquartered in Kenilworth, New Jersey. It is named after the Merck family, which set up Merck Group in Germany in 1668. The company does business as Merck Sharp & Dohme (MSD) outside the United States and Canada. Merck & Co. was established as an American affiliate in 1891. 

  1. Samsung (South Korea)

The Samsung Group is a South Korean multinational company with a range of subsidiaries and affiliated businesses – typically using the Samsung brand name. The company was founded in 1938 by Lee Byung-Chul – as a small trading company called “Samsung Sanghoe”. Originally the company produced noodles and sold basic groceries.

  1. Sony Corporation (Japan)

Sony Group Corporation, commonly known as Sony and stylized as SONY, is a Japanese multinational conglomerate corporation headquartered in Konan, Minato, Tokyo, Japan. As a major technology company, it operates as one of the world's largest manufacturers of consumer and professional electronic products, a Video Game Console Company, and a video game publisher. It is also recognized as the most cash-rich Japanese company, with its net cash reserves of ¥2 trillion.

  1. Sumitomo Corporation (Japan)

Sumitomo Corporation is a general trading company. The Company imports and exports a wide variety of goods such as metals, machinery, chemicals, fuel, food products, and textiles. Sumitomo also operates real estate, construction, shipping, insurance, finance, and leasing businesses.

  1. Sigma-Aldrich

Millipore Sigma is an American chemical, life science, and biotechnology company, 2014 known as Sigma-Aldrich, owned by Merck KGaA. Created by the 1975 merger of Sigma Chemical Company and Aldrich Chemical Company, Sigma-Aldrich grew through various acquisitions until it had over 9,600 employees and was listed on the Fortune 1000 at the time of its acquisition by Merck. The company is headquartered in St. Louis and has operations in approximately 40 countries.

  1. Bayer Material Science AG

Bayer AG is a German multinational pharmaceutical and Life Sciences Company and one of the largest pharmaceutical companies in the world. Headquartered in Leverkusen, Bayer's areas of business include pharmaceuticals, consumer healthcare products, agricultural chemicals, seeds, and biotechnology products. The company is a component of the Euro Stoxx 50 stock market index.

  1. Dupont

DuPont de Nemours, Inc., commonly known as DuPont, is an American company formed by the merger of Dow Chemical and E. I. du Pont de Nemours and Company on August 31, 2017, and the subsequent spinoffs of Dow Inc. and Corteva. Prior to the spinoffs, it was one of the world's largest chemical companies in terms of sales. The merger has been reported to be worth an estimated $130 billion. With a 2018 total revenue of $86 billion, DuPont is headquartered in Wilmington, Delaware, in the state where it is incorporated, since the founding of the old DuPont in 1802.

Read More: https://www.globenewswire.com/en/news-release/2022/05/24/2449517/0/en/Organic-Semiconductor-Market-Size-Worth-USD-317-9-Billion-by-2028-Travel-Retail-Industry-Expected-CAGR-21-9-Vantage-Market-Research.html

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