The global thin film encapsulation market valued US 155.3 Mn in 2020 and is poised to grow with a CAGR of 20.7% over 2021-2027. Some of the key factors fostering the market growth include benefits of thin-film encapsulation, increase in acceptance of flexible OLED displays for smart wearables and smartphones, necessitate for thin-film barrier in organic and flexible devices and increase in technological advancements. However, development of flexible glass and requirement for technical knowhow and protection of intellectual properties are hindering the market growth. Further, huge funds in OLED technology & manufacturing facilities, demand for high-efficiency and thin solar cells provides huge growth opportunity for the market growth. This report gives comprehensive outlook on thin film encapsulation across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East & Africa. This market gives historical, current, and future market sizes (US$ Mn) on the basis of application, end-user, technology and region. Moreover, PBI analyzed global thin film encapsulation market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities). This market is surging owing to expansion of their production facilities for thin film encapsulation to meet the demands of the customers in the market. For instance, In Mar 2020, LG Chem acquired New Facility for more battery production in Poland. Currently, LG Chem has five battery plants in South Korea, China, the United States and Poland, with a combined capacity of 70 gigawatt-hours. In August 2016, Universal Display Corp., made an agreement with Tianma Micro-electronics Co. Ltd. Universal Display granted Tianma non-exclusive license rights for various patents owned or controlled by the company to manufacture and sell OLED displays. Additionally, Universal Display will supply phosphorescent OLED materials to Tianma to use them in its licensed products.