Thin-Film Encapsulation (TFE) size Worth $223 million by 2027
Thin-Film Encapsulation (TFE) thin-film encapsulation (TFE) size is estimated to grow from USD 92 million in 2022 to reach USD 223 million by 2027 ; it is expected to grow at a CAGR of 19.4% from 2022 to 2027. TFE is a technology used to create a protective barrier around a thin-film device. This barrier safeguards the device from environmental hazards like moisture, oxygen, and physical damage, ensuring its functionality and longevity. Applications TFE finds applications in various thin-film devices such as: Solar Cells: TFE protects solar cells from harsh weather conditions, extending their lifespan and efficiency. Organic Light-Emitting Diodes (OLEDs): TFE shields OLEDs from moisture and oxygen, which can degrade the organic materials and hinder their light-emitting properties. Thin-Film Transistors (TFTs): TFTs are crucial components in flat-panel displays. TFE protects them from contamination and ensures reliable operation. get more information - https://www.marketsan