Market Research Report
Stretchable Conductive Material Market by Conductor Material (Graphene, Carbon Nanotube, Silver, Copper), Application (Wearables, Biomedical, Photovoltaics, Cosmetics), and Geography - Global Forecast to 2022
|Published by||MarketsandMarkets||Product code||484618|
|Published||Content info||109 Pages
Delivery time: 1-2 business days
|Stretchable Conductive Material Market by Conductor Material (Graphene, Carbon Nanotube, Silver, Copper), Application (Wearables, Biomedical, Photovoltaics, Cosmetics), and Geography - Global Forecast to 2022|
|Published: March 29, 2017||Content info: 109 Pages||
"Increasing use of stretchable conductors in consumer electronics is the major driver for the stretchable conductive material market"
The stretchable conductive material market was valued at USD 0.1 million in 2015 and is expected to reach USD 6.5 million by 2022, at a CAGR of 79.10% during the forecast period. The higher operational speed through miniaturization of electronic products; increasing use of stretchable conductors in consumer electronics; and advancements in design strategies, assembly techniques, and materials are the major drivers for the stretchable conductive material market. The lower lifespan of stretchable circuits and time-consuming and laborious manufacturing process are the factors restraining the growth of the stretchable conductive material market.
The demand for carbon nanotubes has been increasing rapidly in field emission displays, integrated circuits, hydrogen storage, lithium-ion batteries, solar PV cells, fuel cells, drug delivery, and so on. The increasing commercialization, technological advancements for bringing down the prices, improving quality, and advancement in the products with the use of carbon nanotubes (CNTs) are expected to drive the growth of the market for carbon nanotubes. There is a lot of research in processes using carbon nanotubes for the stretchable conductors.
The research and development in stretchable materials has enabled the development of many biomedical implants and devices which can be stretched and adjusted according to the need of the human body. The ability of stretchable conductive materials to conform to the body shape would be a major driver for the growth of biomedical devices in the stretchable conductive material market.
The stretchable conductive material market in Asia-Pacific is expected to grow at a high rate in sectors such as wearable devices, biomedical, telecommunication, and textiles. The increasing number of electronics players in the region is further expected to drive the growth of the APAC stretchable conductive material market. The high growth in the consumer markets would be the major factor propelling the growth of the stretchable conductive material market in the APAC region.
In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews have been conducted with key experts in the stretchable electronics industry. The breakup of the profiles of primary participants has been shown below:
The report also profiles the key players in the stretchable conductive material market. The prominent players profiled in this report are DuPont & Co. (U.S.), 3M Company (U.S.), Applied Nanotech Inc. (U.S.), Advanced Nano Products Co., Ltd. (South Korea), Indium Corporation (U.S.), Toyobo Co., Ltd. (Japan), Lotte Advanced Materials Co., Ltd. (South Korea), Textronics, Inc. (U.S.), National Institute of Advanced Industrial Science and Technology (Japan), and Vorbeck Materials Corp. (U.S.).
This research report categorizes the stretchable conductive material market on the basis of conductor material, application, and geography. It also provides the Porter's five forces analysis, along with the description of each of its forces and their impact on the stretchable conductive material market. The report also discusses the major drivers, restraints, challenges, and opportunities for the market.
The report would help leaders/new entrants in this market in the following ways:
Details on Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View might not be captured in case of unlisted companies.