Global Stretchable Conductive Material Market at a CAGR of 75.00% Growth, Trends

Posted by ganesha on February 20th, 2020

Attaining complete info about the trends and opportunities in the industry is fairly time consuming process but the market report eases it for businesses. Stretchable Conductive Material Market research report acts as a valued source of information with which businesses can achieve a telescopic view of the current market trends, consumer’s demands and preferences, market situations, opportunities and market status. The report comprises of a number of market dynamics and estimations of the growth rate and the market value based on market dynamics and growth inducing factors. To formulate this Stretchable Conductive Material Market report, detailed market analysis has been performed with the inputs from industry experts.

Global Stretchable Conductive Material Market  is expected to rise from its initial estimated value of USD 4.59 million in 2018 to an estimated value of USD 403.08 million by 2026, registering a CAGR of 75.00% in the forecast period of 2019-2026.

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Market Definition: Global Stretchable Conductive Material Market

Stretchable conductive materials are the electronic materials components and devices that exhibit certain degree of mechanical stretch ability. They are extremely transparent in visible lights and it retains excellent conductivity under the large tensile strain. The market is significantly being driven by the increasing demand for stretchable conductors in consumer electronics, and increasing usage of wearable electronics. However, the lifespan limitations of stretchable circuits restrain the growth of the market.

Market Drivers:

• There is increase in demand for stretchable conductors in consumer electronics market is expected to act as a driver to the market growth
• Increasing usage of wearable electronics is also expected to drive the market growth

• There is rise in growing adoption of miniaturized electronic products this is expected to drive market growth.
•  Rise in technological advancements in materials and assembly techniques is expected to act as a driver to the market growth

Market Restraints:

• Lifespan limitations of stretchable circuits are expected to act as a restraint to the market growth.
• Critical and time-consuming production process is expected to increase the costs and is expected to act as a restraint to the market growth.

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Segmentation: Global Stretchable Conductive Material Market

By Conductor Material Type

• Graphene
  • Graphene Oxide
  • Graphene Nanoplatelets
• Carbon Nanotube
  • Single-Walled Carbon Nanotube (SWCNT)
  • Multi-Walled Carbon Nanotube (MWCNT)
• Silver
• Copper
• Others

By Application

• Wearables
• Biomedical
• Photovoltaics
• Cosmetic
• Others

By End User

• Health care
• Consumer electronics
• Automotive electronics
• Textile
• Aerospace & defense

Key Developments in the Market:

• In Nov 2018, I-THERMIC, has been honoured with a prestigious 2019 CES Innovation Award. I-THERMIC is developed by Clim8, Twinery and ODLO. With this The partnership between ODLO, Clim8, and Twinery brings the safest, most advanced active heating technology.
• In October 2017, the Air Force Research Laboratory (AFRL) and the Wyss Institute at Harvard University. Developed new Hybrid 3D printing that creates stretchable and wearable materials. This study played a keen roll in development of stretchable conductive material market.

Competitive Analysis

Global Stretchable Conductive Material Market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of stretchable conductive material market for Global, Europe, North America, Asia Pacific, South America, Middle East and Africa.

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