Pedot market
PEDOT Market, By Polymer Type (Clevios P, Clevios S, and Clevios PH), By Application (Antistatic Packaging Trays, Antistatic Coating, Flexible Displays/OTFT Backplanes, Electrochromic Displays, and Touch Panels), And By Region (North America, Latin America, Asia Pacific, Europe, and Middle East & Africa)
- Jul 2023
- CMI3052
- 190 Pages
- Excel & Pdf
- Polymers and Resins
Global PEDOT market was valued at US$ 4.09 Mn in 2022 and is expected to exhibit a CAGR of 8.42% over the forecast period (2023–2030), to reach US$ 7.81 Mn by 2030.
This polymer is manufactured using oxidation. PEDOT is both an electrically- and ionically-conductive polymer, owing to this property it has various applications in energy, healthcare, and electronics industry in the form of sensors, capacitors, smart windows, and antistatic packaging, among others. Furthermore, increasing use of PEDOT polymers is due to its chemical stability and good conductivity.
Global PEDOT Market: Drivers
Demand for lightweight materials
Increasing demand for lightweight materials is expected to drive growth of the global PEDOT market. In electronics industry, PEDOT is used in development of advanced technological products such as wearables, flexible electronics displays, and semiconductors. The technological products are manufactured using PEDOT polymers for its electrical, optical, and physical and mechanical properties.
Electronic devices require high conductivity and stability
Electronic devices require high conductivity and stability which leads to increase in demand for PEDOT (Poly(3,4-ethylenedioxythiophene)). The low bandgap of PEDOT that is formed by the effect of the electron donor ethylene dioxy group on the energies of the frontier group of the π systems, offers high level of conductivity. Moreover, PEDOT is also used in antistatic packaging and smart windows, owing to its stability that is achieved by electron-donating effect within oxygen bombs and the effective ring geometry.
PEDOT Market Report Coverage
Report Coverage | Details | ||
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Base Year: | 2022 | Market Size in 2022: | US$ 4.09 Mn |
Historical Data for: | 2017 to 2021 | Forecast Period: | 2023 to 2030 |
Forecast Period 2023 to30 20 CAGR: | 8.42% | 2030 Value Projection: | US$ 7.81 Mn |
Geographies covered: |
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Segments covered: |
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Companies covered: |
Heraeus Holding, Ossila Limited, Nanoshel LLC, Nagase ChemteX Corporation, Suzhou Yacoo Science Co., Ltd., Agfa-Gevaert N.V., and Qingdao Topwell Chemical Materials Co., Ltd. |
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Growth Drivers: |
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Restraints & Challenges: |
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Global PEDOT Market: Restraints
High production cost
High production cost increases the overall price of pedot polymers, and this is expected to restrain the market growth. Pedot manufacturing companies have to bear huge costs, due to lower stability during the production process. This results in a capacitance drop after a particular number of charge-discharge cycles. Limited capacitance is hampering the adoption of pedot in industrial applications. Therefore, high cost of pedot is expected to hamper growth of the pedot market over the forecast period.
Global PEDOT Market: Market Segmentation
Among polymer type, the Clevois P segment accounted for the largest market share in 2022, owing to increasing applications in the manufacturing of antistatic packaging trays, antistatic coatings, and organic thin film transistor (OTFT) backplanes. Moreover, the Clevios S segment is used in the manufacturing of electrochromic displays.
Among application, the Flexible Displays/OTFT Backplanes segment accounted for a significant market share in the global PEDOT market in 2022, owing to increasing demand for Flexible Displays/OTFT Backplanes in the automotive industry. Rising demand for Flexible Displays/OTFT Backplanes is due to technological advancements in the automotive industry such as self-driving cars, and adoption of artificial intelligence for manufacturing of electric vehicles.
Figure 1. Global PEDOT Market Share (%), By Segment Type
Global PEDOT Market: Regional Analysis
Asia Pacific accounted for a significant market share in the global PEDOT market in 2022, and is expected to witness significant growth over the forecast period, owing to increasing adoption of portable speakers, tablets, smart phones, along with AI-assisted electronics due to increasing disposable income. Increasing research and development activities in the region is expected to drive growth of the PEDOT market. Moreover, new product launches, government initiatives, and investments in the automotive sector is also expected to boost demand for conductive polymers such as PEDOT in Asia Pacific automotive industry.
Figure 2. Global PEDOT Market Share (%), By Region
Global PEDOT Market: Recent Developments
In 2021, Heraeus, a Germany-based technology company, announced that it has developed a new process for producing high quality PEDOT films with improved conductivity and stability. The company’s new process involves usage of novel solvent and a proprietary polymerization methodthat allows better control over the film’s properties.
In 2021, Agfa, a Belgium-based multinational corporation, launched a new PEDOT-based conductive ink. The ink is designed for usage in printed electronics applications such as sensors and antennas. Agfa’s new ink is highly conductive, and has excellent adhesion to a variety of substrates.
Global PEDOT Market: Key Companies
Major players operating in the global PEDOT market include Heraeus Holding, Ossila Limited, Nanoshel LLC, Nagase ChemteX Corporation, Suzhou Yacoo Science Co., Ltd., Agfa-Gevaert N.V., and Qingdao Topwell Chemical Materials Co., Ltd.
*Definition: PEDOT (Poly(3,4-ethylenedioxythiophene)) is a conductive polymer. This polymer offers several advantages such as optical transparency in the conducting stage, low redox potential, and moderate band gap.
Table of Contents
- Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Polymer Type
- Market Snippet, By Application
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Supply Side Drivers
- Demand Side Drivers
- Economic Drivers
- Restraints
- Market Opportunities
- Regulatory Scenario
- Industry Trends
- Mergers and Acquisitions
- New Product Approvals/Launches
- Promotion and Marketing Initiatives
- Drivers
- Cost Tier Down Analysis
- Market Dynamics
- Global PEDOT Market, By Polymer Type, 2017- 2030, (US$ MN)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2017-2030
- Segment Trends
- Clevios P
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030, (US$ MN)
- Clevios S
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030, (US$ MN)
- Clevios PH
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030, (US$ MN)
- Introduction
- Global PEDOT Market, By Application, 2017-2030, (US$ MN)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2017-2030
- Segment Trends
- Antistatic Packaging Trays
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030, (US$ MN)
- Antistatic Coating
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030, (US$ MN)
- Flexible Displays/OTFT Backplanes
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030, (US$ MN)
- Electrochromic Displays
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030, (US$ MN)
- Touch Panels
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030, (US$ MN)
- Introduction
- Global PEDOT Market, By Region, 2017- 2030, (US$ MN)
- Introduction
- Market Share Analysis, By Region, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, For Region, 2017-2030
- North America
- Market Share Analysis, By Country, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, By Country, 2017-2030
- U.S.
- Country Trends
- Market Size and Forecast, By Polymer Type, 2017- 2030, (US$ MN)
- Market Size and Forecast, By Application, 2017- 2030, (US$ MN)
- Canada
- Country Trends
- Market Size and Forecast, By Polymer Type, 2017- 2030, (US$ MN)
- Market Size and Forecast, By Application, 2017- 2030, (US$ MN)
- U.S.
- Europe
- Market Share Analysis, By Country, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, By Country, 2017-2030
- U.K.
- Country Trends
- Market Size and Forecast, By Polymer Type, 2017- 2030, (US$ MN)
- Market Size and Forecast, By Application, 2017- 2030, (US$ MN)
- Germany
- Country Trends
- Market Size and Forecast, By Polymer Type, 2017- 2030, (US$ MN)
- Market Size and Forecast, By Application, 2017- 2030, (US$ MN)
- Italy
- Country Trends
- Market Size and Forecast, By Polymer Type, 2017- 2030 (US$ MN)
- Market Size and Forecast, By Application, 2017- 2030, (US$ MN)
- France
- Country Trends
- Market Size and Forecast, By Polymer Type, 2017- 2030, (US$ MN)
- Market Size and Forecast, By Application, 2017- 2030, (US$ MN)
- Russia
- Country Trends
- Market Size and Forecast, By Polymer Type, 2017- 2030, (US$ MN)
- Market Size and Forecast, By Application, 2017- 2030, (US$ MN)
- Rest of Europe
- Country Trends
- Market Size and Forecast, By Polymer Type, 2017- 2030, (US$ MN)
- Market Size and Forecast, By Application, 2017- 2030, (US$ MN)
- U.K.
- Asia Pacific
- Market Share Analysis, By Country, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, By Country, 2017-2030
- China
- Country Trends
- Market Size and Forecast, By Polymer Type, 2017- 2030, (US$ MN)
- Market Size and Forecast, By Application, 2017- 2030, (US$ MN)
- India
- Country Trends
- Market Size and Forecast, By Polymer Type, 2017- 2030, (US$ MN)
- Market Size and Forecast, By Application, 2017- 2030, (US$ MN)
- Japan
- Country Trends
- Market Size and Forecast, By Polymer Type, 2017- 2030, (US$ MN)
- Market Size and Forecast, By Application, 2017- 2030, (US$ MN)
- ASEAN
- Country Trends
- Market Size and Forecast, By Polymer Type, 2017- 2030, (US$ MN)
- Market Size and Forecast, By Application, 2017- 2030, (US$ MN)
- Australia
- Country Trends
- Market Size and Forecast, By Polymer Type, 2017- 2030, (US$ MN)
- Market Size and Forecast, By Application, 2017- 2030, (US$ MN)
- South Korea
- Country Trends
- Market Size and Forecast, By Polymer Type, 2017- 2030, (US$ MN)
- Market Size and Forecast, By Application, 2017- 2030, (US$ MN)
- Rest of Asia Pacific
- Country Trends
- Market Size and Forecast, By Polymer Type, 2017- 2030, (US$ MN)
- Market Size and Forecast, By Application, 2017- 2030, (US$ MN)
- China
- Latin America
- Market Share Analysis, By Country, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, By Country, 2017-2030
- Brazil
- Country Trends
- Market Size and Forecast, By Polymer Type, 2017- 2030, (US$ MN)
- Market Size and Forecast, By Application, 2017- 2030, (US$ MN)
- Argentina
- Country Trends
- Market Size and Forecast, By Polymer Type, 2017- 2030, (US$ MN)
- Market Size and Forecast, By Application, 2017- 2030, (US$ MN)
- Mexico
- Country Trends
- Market Size and Forecast, By Polymer Type, 2017- 2030, (US$ MN)
- Market Size and Forecast, By Application, 2017- 2030, (US$ MN)
- Rest of Latin America
- Country Trends
- Market Size and Forecast, By Polymer Type, 2017- 2030, (US$ MN)
- Market Size and Forecast, By Application, 2017- 2030, (US$ MN)
- Brazil
- Middle East & Africa
- Market Share Analysis, By Country, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, By Country, 2017-2030
- Middle East
- Sub-regional Trends
- Market Size and Forecast, By Polymer Type, 2017- 2030, (US$ MN)
- Market Size and Forecast, By Application, 2017- 2030, (US$ MN)
- Africa
- Sub-regional Trends
- Market Size and Forecast, By Polymer Type, 2017- 2030, (US$ MN)
- Market Size and Forecast, By Application, 2017- 2030, (US$ MN)
- Middle East
- Introduction
- Competitive Landscape
- Heat Map Analysis
- Market Share Analysis (3x3 Matrix)
- Company Profiles
- Heraeus Holding
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Ossila Limited
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Nanoshel LLC
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Nagase ChemteX Corporation
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Suzhou Yacoo Science Co., Ltd.
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Agfa-Gevaert N.V.
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Qingdao Topwell Chemical Materials Co., Ltd.
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Heraeus Holding
- Section
- References
- Research Methodology
- About us and Sales Contact
* Browse 50 market data tables* and 40 figures* on "Global PEDOT Market-Global forecast to 2030.
Detailed Segmentation:
- Global PEDOT Market, By Polymer Type:
- Clevios P
- Clevios S
- Clevios PH
- Global PEDOT Market, By Application:
- Antistatic Packaging Trays
- Antistatic Coating
- Flexible Displays/OTFT Backplanes
- Electrochromic Displays
- Touch Panels
- Global PEDOT Market, By Region :
- North America
- U.S.
- By Polymer Type:
- Clevios P
- Clevios S
- Clevios PH
- By Application:
- Antistatic Packaging Trays
- Antistatic Coating
- Flexible Displays/OTFT Backplanes
- Electrochromic Displays
- Touch Panels
- By Polymer Type:
- Canada
- By Polymer Type:
- Clevios P
- Clevios S
- Clevios PH
- By Application:
- Antistatic Packaging Trays
- Antistatic Coating
- Flexible Displays/OTFT Backplanes
- Electrochromic Displays
- Touch Panels
- By Polymer Type:
- U.S.
- Europe
- U.K.
- By Polymer Type:
- Clevios P
- Clevios S
- Clevios PH
- By Application:
- Antistatic Packaging Trays
- Antistatic Coating
- Flexible Displays/OTFT Backplanes
- Electrochromic Displays
- Touch Panels
- By Polymer Type:
- Germany
- By Polymer Type:
- Clevios P
- Clevios S
- Clevios PH
- By Application:
- Antistatic Packaging Trays
- Antistatic Coating
- Flexible Displays/OTFT Backplanes
- Electrochromic Displays
- Touch Panels
- By Polymer Type:
- Italy
- By Polymer Type:
- Clevios P
- Clevios S
- Clevios PH
- By Application:
- Antistatic Packaging Trays
- Antistatic Coating
- Flexible Displays/OTFT Backplanes
- Electrochromic Displays
- Touch Panels
- By Polymer Type:
- France
- By Polymer Type:
- Clevios P
- Clevios S
- Clevios PH
- By Application:
- Antistatic Packaging Trays
- Antistatic Coating
- Flexible Displays/OTFT Backplanes
- Electrochromic Displays
- Touch Panels
- By Polymer Type:
- Russia
- By Polymer Type:
- Clevios P
- Clevios S
- Clevios PH
- By Application:
- Antistatic Packaging Trays
- Antistatic Coating
- Flexible Displays/OTFT Backplanes
- Electrochromic Displays
- Touch Panels
- By Polymer Type:
- Rest of Europe
- By Polymer Type:
- Clevios P
- Clevios S
- Clevios PH
- By Application:
- Antistatic Packaging Trays
- Antistatic Coating
- Flexible Displays/OTFT Backplanes
- Electrochromic Displays
- Touch Panels
- By Polymer Type:
- U.K.
- Asia Pacific
- China
- By Polymer Type:
- Clevios P
- Clevios S
- Clevios PH
- By Application:
- Antistatic Packaging Trays
- Antistatic Coating
- Flexible Displays/OTFT Backplanes
- Electrochromic Displays
- Touch Panels
- By Polymer Type:
- India
- By Polymer Type:
- Clevios P
- Clevios S
- Clevios PH
- By Application:
- Antistatic Packaging Trays
- Antistatic Coating
- Flexible Displays/OTFT Backplanes
- Electrochromic Displays
- Touch Panels
- By Polymer Type:
- Japan
- By Polymer Type:
- Clevios P
- Clevios S
- Clevios PH
- By Application:
- Antistatic Packaging Trays
- Antistatic Coating
- Flexible Displays/OTFT Backplanes
- Electrochromic Displays
- Touch Panels
- By Polymer Type:
- ASEAN
- By Polymer Type:
- Clevios P
- Clevios S
- Clevios PH
- By Application:
- Antistatic Packaging Trays
- Antistatic Coating
- Flexible Displays/OTFT Backplanes
- Electrochromic Displays
- Touch Panels
- By Polymer Type:
- Australia
- By Polymer Type:
- Clevios P
- Clevios S
- Clevios PH
- By Application:
- Antistatic Packaging Trays
- Antistatic Coating
- Flexible Displays/OTFT Backplanes
- Electrochromic Displays
- Touch Panels
- By Polymer Type:
- South Korea
- By Polymer Type:
- Clevios P
- Clevios S
- Clevios PH
- By Application:
- Antistatic Packaging Trays
- Antistatic Coating
- Flexible Displays/OTFT Backplanes
- Electrochromic Displays
- Touch Panels
- By Polymer Type:
- Rest of Asia Pacific
- By Polymer Type:
- Clevios P
- Clevios S
- Clevios PH
- By Application:
- Antistatic Packaging Trays
- Antistatic Coating
- Flexible Displays/OTFT Backplanes
- Electrochromic Displays
- Touch Panels
- By Polymer Type:
- China
- Latin America
- Brazil
- By Polymer Type:
- Clevios P
- Clevios S
- Clevios PH
- By Application:
- Antistatic Packaging Trays
- Antistatic Coating
- Flexible Displays/OTFT Backplanes
- Electrochromic Displays
- Touch Panels
- By Polymer Type:
- Argentina
- By Polymer Type:
- Clevios P
- Clevios S
- Clevios PH
- By Application:
- Antistatic Packaging Trays
- Antistatic Coating
- Flexible Displays/OTFT Backplanes
- Electrochromic Displays
- Touch Panels
- By Polymer Type:
- Mexico
- By Polymer Type:
- Clevios P
- Clevios S
- Clevios PH
- By Application:
- Antistatic Packaging Trays
- Antistatic Coating
- Flexible Displays/OTFT Backplanes
- Electrochromic Displays
- Touch Panels
- By Polymer Type:
- Rest of Latin America
- By Polymer Type:
- Clevios P
- Clevios S
- Clevios PH
- By Application:
- Antistatic Packaging Trays
- Antistatic Coating
- Flexible Displays/OTFT Backplanes
- Electrochromic Displays
- Touch Panels
- By Polymer Type:
- Brazil
- Middle East & Africa
- Middle East
- By Polymer Type:
- Clevios P
- Clevios S
- Clevios PH
- By Application:
- Antistatic Packaging Trays
- Antistatic Coating
- Flexible Displays/OTFT Backplanes
- Electrochromic Displays
- Touch Panels
- By Polymer Type:
- Africa
- By Polymer Type:
- Clevios P
- Clevios S
- Clevios PH
- By Application:
- Antistatic Packaging Trays
- Antistatic Coating
- Flexible Displays/OTFT Backplanes
- Electrochromic Displays
- Touch Panels
- By Polymer Type:
- Middle East
- North America