Stretchable Conductive Material Market Size & Forecast Report, 2014 - 2025

The global stretchable conductive material market size was valued at USD 434.7 million in 2016 and is expected to reach USD 3.4 billion by 2025, with a CAGR of 25.7%. Stretchable conductive material/devices have gained much popularity in recent years due to the emergence of new technology fields such as stretchable electronics, intelligent robotics, and wearable devices. For example, advanced robots are treated with keen sensory skins so that they can interact well with humans and respond properly to the surrounding environment without external control. Based on conductor material, the global stretchable conductive material market is segmented into graphene, carbon nanotube, copper, and silver.

To keep pace with the growing need for new technology, the hunt for new materials with higher electrical conductivity and good elasticity has emerged. Though, polymers offer good features for operations and are widely deployed in plastic electronics their widespread use is limited due to poor mechanical properties.

On the other hand, elastomers such as natural rubber, styrene-butadiene rubber, ethylene-diene monomer, and polyurethane possess characteristics such as high and reversible deformation. Conventionally, elastomers have been specifically used for structural, industrial, and household products. Further, two types of metal structures are widely explored as stretchable conductors.

At the commercial level, the global stretchable conductive material market thrives on engineered functional ink formulations for printed electronics. With much development and advancement in flexible large-area electronics such as flexible displays and sensors, the market growth witnesses a trajectory path during the forecast period. Thus, the market dynamics and driving factors result in a healthy CAGR growth during the assessment period.

The key driving factors responsible for the growth of the stretchable conductive material market include growth in the use of stretchable conductors and developments in design in consumer electronics. Additionally, factors such as the use of materials and assembly techniques and enhancement in operational speed due to the miniature size of electronic products propel the stretchable conductive material market during the forecast period. However, less lifespan of stretchable circuits consumption of time, and laborious manufacturing process are some restraining factors for market growth.

Based on application, the global stretchable conductive material market is segmented into wearables, photovoltaics, biomedical and cosmetic. Wearables application segments are anticipated to grow at a higher CAGR during the forecast period owing to growth in demand for wearable device

Based on geographic segmentation, the global stretchable conductive material market spans North America, Latin America, Europe, Asia-Pacific, the Middle East, and Africa. North America dominates the global market in terms of market size. APAC regions are likely to grow at a higher CAGR during the forecast period owing to a rise in several players and a high number of wearables& biomedical applications.

The key players in the global stretchable conductive material market include 3M company, DuPont & Co, Applied Nanotech Inc, Indium Corporation, Toyobo Co Ltd, Lotte Advanced Materials Co Ltd, Textronics Inc, National Insititute of Advanced Industrial Science and Technology, Vorbeck Materials Corp.

Market Segmentation:

Stretchable Conductive Material Product Outlook (Revenue, USD Million, 2014 - 2025)   
    • Graphene
    • Carbon Nanotube
    • Silver
    • Copper

Stretchable Conductive Material Application Outlook (Revenue, USD Million, 2014 - 2025)
    • Wearables
    • Biomedicals
    • Photovoltaics
    • Cosmetics

Stretchable Conductive Material Regional Outlook (Revenue, USD Million, 2014 - 2025)
    • North America
        • the U.S.
        • Canada
    • Europe
        • Germany
    • the Asia Pacific
        • China
        • Japan
    • Central & South America
        • Brazil
        • Mexico
    • Middle East & Africa
        • Africa