The global stretchable conductive material market size reached US$ 2.75 billion in 2023. Looking forward, the publisher expects the market to reach US$ 17.05 billion by 2032, exhibiting a growth rate (CAGR) of 22.44% during 2023-2032.
Stretchable conductive materials refer to self-healing materials with mechanical stretching properties. They are used for powering artificial muscles in robots, batteries and electrical devices. Some of the commonly used stretchable conductive materials include graphene, silver, copper and carbon nanotubes. They are fabricated by using inherently conductive materials with fillers or through the deposition of conductive materials on a flexible substrate or a polymer matrix.
These materials retract to their original shape and size without applying any external force and are usually transparent in appearance. They are also incorporated in wearables, biomedical devices, photovoltaic and cosmetics and are used for the integration of sensors or electronic devices into textiles, energy harvesting, chemical sensing and multifunctional conforming suits.
The increasing utilization of stretchable conductive materials in the fabrication of field emission displays, integrated circuits, hydrogen storage, solar photovoltaic (PV) cells and fuel cells are acting as other growth-inducing factors. The stretchable conductive materials are also widely used in the development of biomedical implants and devices that can conform to the body shape as per the requirement. Other factors, including rising energy requirements, especially in the developing economies, along with the implementation of favorable government policies, are anticipated to drive the market toward growth.
2. What is the expected growth rate of the global stretchable conductive material market during 2024-2032?
3. What are the key factors driving the global stretchable conductive material market?
4. What has been the impact of COVID-19 on the global stretchable conductive material market?
5. What is the breakup of the global stretchable conductive material market based on the product?
6. What is the breakup of the global stretchable conductive material market based on the application?
7. What are the key regions in the global stretchable conductive material market?
8. Who are the key players/companies in the global stretchable conductive material market?
Stretchable conductive materials refer to self-healing materials with mechanical stretching properties. They are used for powering artificial muscles in robots, batteries and electrical devices. Some of the commonly used stretchable conductive materials include graphene, silver, copper and carbon nanotubes. They are fabricated by using inherently conductive materials with fillers or through the deposition of conductive materials on a flexible substrate or a polymer matrix.
These materials retract to their original shape and size without applying any external force and are usually transparent in appearance. They are also incorporated in wearables, biomedical devices, photovoltaic and cosmetics and are used for the integration of sensors or electronic devices into textiles, energy harvesting, chemical sensing and multifunctional conforming suits.
Stretchable Conductive Material Market Trends:
Significant growth in the electronics industry is one of the key factors creating a positive outlook for the market. Moreover, widespread utilization of stretchable and flexible conductive materials in consumer electronics is providing a thrust to the market growth. These materials are used in the manufacturing of wearable devices, televisions, smartphones and laptops with touch displays and other high-performance electronics. In line with this, the emerging trend of miniaturization of electronic devices is also contributing to the market growth.The increasing utilization of stretchable conductive materials in the fabrication of field emission displays, integrated circuits, hydrogen storage, solar photovoltaic (PV) cells and fuel cells are acting as other growth-inducing factors. The stretchable conductive materials are also widely used in the development of biomedical implants and devices that can conform to the body shape as per the requirement. Other factors, including rising energy requirements, especially in the developing economies, along with the implementation of favorable government policies, are anticipated to drive the market toward growth.
Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global stretchable conductive material market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on 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
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being 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.Key Questions Answered in This Report
1. How big is the global stretchable conductive material market?2. What is the expected growth rate of the global stretchable conductive material market during 2024-2032?
3. What are the key factors driving the global stretchable conductive material market?
4. What has been the impact of COVID-19 on the global stretchable conductive material market?
5. What is the breakup of the global stretchable conductive material market based on the product?
6. What is the breakup of the global stretchable conductive material market based on the application?
7. What are the key regions in the global stretchable conductive material market?
8. Who are the key players/companies in the global stretchable conductive material market?
Table of Contents
1 Preface3 Executive Summary10 Value Chain Analysis12 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global Stretchable Conductive Material Market
6 Market Breakup by Product
7 Market Breakup by Application
8 Market Breakup by Region
9 SWOT Analysis
11 Porters Five Forces Analysis
13 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- 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.
- Vorbeck Materials Corp.
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 144 |
Published | August 2024 |
Forecast Period | 2023 - 2032 |
Estimated Market Value ( USD | $ 2756.9 Million |
Forecasted Market Value ( USD | $ 17050.1 Million |
Compound Annual Growth Rate | 22.4% |
Regions Covered | Global |
No. of Companies Mentioned | 11 |