The global PEDOT market was valued at US$ 3,519,867.1 in 2018, according to PEDOT Market Report, 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), published by . The global PEDOT market is expected to reach US$ 7,219,906.7 by 2027, exhibiting a CAGR of 8.4% over the forecast period (2019-2027). This is attributed to the ability of the PEDOT to replace indium tin oxide (ITO)-based designs. Demand of PEDOT for designing capacitive switch designs is increasing significantly. Capacitive sensing technologies have application in various sectors such as consumer electronics, automotive, as well as other industrial applications. PEDOT are capable of improving sensing technology and it also enhances the robustness of the surface and circuit along with capacitive sensing signal integrity. However, the company’s manufacturing PEDOT incur high cost of manufacturing along with cost of acquiring raw materials such as 3,4-ethylenedioxythiophene and styrene sulfonate. Furthermore, the stability of the production process of such polymers is very low, which results in capacitance drop of numerous charge-discharge cycles. This is expected to restrain demand for PEDOT within the industrial applications. To know the latest trends and insights prevalent in this market, click the link below: https://www.coherentmarketinsights.com/market-insight/pedot-market-3052 Browse 50 market data tables* and 40 figures* on "PEDOT Market” - Global forecast to 2027. Key Trends and Analysis of the PEDOT Market: PEDOT offers various advantages over conventional conductive polymers, which in turn has resulted in increasing adoption of PEDOT. Key players in the market are focused on strategies such as acquisitions, in order to enhance their market share. For instance, in 2016, Suzhou Yacoo Science Co., Ltd. acquired Shandong Andot New Material Technology Co., Ltd., a manufacturer of conductive polymers and chemicals. This acquisition helped Suzhou Yacoo Science Co., Ltd. to expand its product portfolio in Asia Pacific. Key Takeaways of the Market:
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