According to the latest report by IMARC Group, titled
“Stretchable Conductive Material Market Size: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global stretchable conductive material market exhibited strong growth during 2015-2020 and expects the market to grow at a CAGR of around 15% during 2021-2026.
Stretchable conductive materials are self-healing materials with mechanical stretching properties. They are utilized for powering artificial muscles in robots, electrical devices, batteries, etc. Some common product variants include graphene, silver, carbon nanotubes, copper, etc. They are fabricated through the deposition of conductive materials on a polymer matrix or a flexible substrate or by using inherently conductive materials with fillers. Stretchable conductive materials are transparent and retract to their original size and shape without any external force. They can be incorporated into wearables, photovoltaics, biomedical devices, cosmetics, etc.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Stretchable Conductive Material Market Trends:
The expanding electronics industry is creating a positive outlook for the stretchable conductive material market. Furthermore, the extensive utilization of flexible and stretchable conductive materials in consumer electronics is catalyzing the product demand. They are used in the production of televisions, smartphones, laptops, etc., with touch displays and other high-performance electronics. Additionally, the emerging trend of miniaturization of electronic devices is also propelling the growth of the market. Besides this, the growing utilization of stretchable conductive materials in the fabrication of field emission displays, hydrogen storage, integrated circuits, fuel cells, solar photovoltaic (PV) cells, etc., is augmenting the global market. Moreover, the elevating energy requirements and increasing product usage in the development of biomedical implants are expected to fuel the market growth in the coming years.
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Global Stretchable Conductive Material Market 2021-2026 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
3M Company, Advanced Nano Products Co Ltd, Chasm Technologies Inc., DuPont de Nemours Inc., Dycotec Materials Ltd., Indium Corporation, Minco Products Inc., Nano Magic Inc., Toyobo Co. Ltd., US Research Nanomaterials Inc. and Vorbeck Materials Corp.
The report has segmented the market on the basis on region, product and application
Breakup by Product:
- Graphene
- Carbon Nanotube
- Silver
- Copper
Breakup by Application:
- Wearables
- Biomedicals
- Photovoltaics
- Cosmetics
- Others
Breakup by Region:
- North America:( United States, Canada)
- Asia-Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico,Others)
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021- 2026)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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