The global thin film encapsulation market size was valued at USD 218.8 million in 2021 and is poised to grow at a significant CAGR of 18.7% during the forecast period 2022-28. TFE (thin-film encapsulation) is a new method for organic light-emitting diodes (OLEDs) (OLED). TFE has the ability to rebuild the front glass layer in an OLED display with a thin-film barrier.
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